keyboard_arrow_up

FRP Pipe Market Expected up to $4 Billion by 2020

The report “FRP/GRP/GRE Pipe Market by Type of Resin (Polyester, Polyurethane, Epoxy, Others), by Fiber Type (Glass Fiber, Carbon Fiber), by Application (Oil And Gas, Sewage Pipe, Irrigation and Others) and by Region - Global Trend and Forecasts to 2020”, defines and segments the FRP pipe market with an analysis and forecast of the volumes and values of types such as Polyester, Polyurethane, Epoxy and others individually. Along with this, the volume & value of materials by applications such as Oil & Gas, Chemical, Sewage Pipe, Irrigation and others are also discussed.

Browse 66 market data tables and 50 figures spread through 125 pages and in-depth TOC on “FRP/GRP/GRE Pipe Market - Global Trend and Forecasts to 2020"
http://www.marketsandmarkets.com/Market-Reports/frp-pipe-market-136989073.html

Early buyers will receive 10% customization on this report.

Sample PDF Brochure of Report @ http://www.marketsandmarkets.com/pdfdownload.asp?id=136989073

It also identifies the driving and restraining factors for the FRP pipe market with an analysis of trends, opportunities, burning issues, and winning imperatives. The market is segmented and the volume & value have been forecasted on the basis of major regions such as North America, Asia-Pacific, Europe, and Rest of the World (RoW).

Increase in demand of FRP from oil & gas, water & wastewater sewage, chemical, and offshore industries

A FRP pipe which shows superior mechanical properties like superior anti-corrosion properties, low conductivity, and longer lifecycles are most preferred choice for use in oil & gas, retail fuel, water & wastewater sewage, pulp & paper, chemical, marine and offshore industry. FRP pipes are currently being used in a number of fields and continuously replacing conventional PVC and metal pipes.

Oil & gas, retail fuel, water & wastewater sewage, pulp & paper, and chemical are the major end-user industry of FRP due to their lifecycle use in extreme environment. The increasing number of oil & gas, retail fuel, water & wastewater sewage, pulp & paper, chemical, marine and offshore industry in India and China is expected to drive the FRP pipe market. In 2014, Asia-Pacific was the largest market for FRP pipe in terms of value. Asia-Pacific and Europe, together accounted over 65% of the FRP pipe market value in the same year. The FRP pipe market in these regions is expected to increase aggressively in the next five years.

In 2014, the industrial applications dominated the overall FRP pipe market size. Oil & gas, retail fuel, water & wastewater sewage, pulp & paper, chemical, and offshore industry are expected to drive the market in the next five years.

Global FRP Pipe market to reach approximately $4 Billion by 2020

The market for FRP pipe in terms of value is expected to reach approximately $4 billion by 2020, growing at a significant CAGR from 2014 to 2019. The Asia-Pacific region dominated the FRP Pipe market in terms of values in 2014 and it is expected to grow at a higher CAGR, from 2015 to 2020. Rapid industrialization and urbanization has led to increase in demand of FRP pipe from oil & gas, retail fuel, water & wastewater sewage, pulp & paper, chemical, marine and offshore industry in Asia-Pacific region.

North America & Asia-Pacific accounted for more than 65% share in the FRP Pipe market in terms of value in 2014

Asia-Pacific is the prime consumer of FRP Pipe globally followed by North America. North America and Asia-Pacific together accounted for more than 65% of the FRP in terms of value in 2014. Asia-Pacific is expected to grow at a highest CAGR and secure its leading market position by 2020, with growing demand from oil & gas, retail fuel, water & wastewater sewage, pulp & paper, chemical, marine and offshore industry. In North America the use of FRP pipe continues to increase oil and gas, retail fuel, water/waste water, and sewage to replace the conventional PVC and metal pipe that shows superior mechanical properties and increase the life cycle.

Browse related Reports: 

Glass Fiber Market & Specialty Synthetic Fibers by Types (Para & Meta Aramids, UHMW Polyethylene, Carbon Fiber, POA, Glass Fiber & Others), Applications (Aerospace & Defence, Automotive, Wind Energy, etc.) & Geography - Global Trend & Forecast to 2018
http://www.marketsandmarkets.com/Market-Reports/specialty-synthetic-glass-fiber-market-39906130.html

Prepreg Market by Type of Fiber Reinforcement (Glass fiber, Carbon fiber, Aramid fiber), by Types of Resin (Thermoset, Thermoplastics), by Manufacturing Process (Hot melt, Solvent Dip), by Applications (Wind, Aerospace, Automotive, Sporting goods, Electronics (PCB) etc.) and by Region - Global Trends and Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/prepreg-market-56131284.html

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Markets and Markets 
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Visit MarketsandMarkets Website: http://www.marketsandmarkets.com