Dublin, Dec. 04, 2024 (GLOBE NEWSWIRE) — The “Glass Fiber Reinforced Plastic Piping Systems Market Size, Share & Trends Analysis Report by Material (Polyester, Vinylester, Epoxy), Product (Pipes, Blinds, Elbows, Nozzles, Reducers), Region, and Segment Forecasts, 2025-2030” report has been added to ResearchAndMarkets.com’s offering.
The global glass fiber reinforced plastic piping systems market size is expected to reach USD 2.36 billion in 2030 and is projected to grow at a CAGR of 6.4% from 2025 to 2030. Rising demand for exploration and production of hydrocarbons is expected to propel the demand for GRP piping systems over the forecast period.
GRP pipes, fittings and tanks with high strength, durability, and anti-corrosion properties aid in the protection of onshore and offshore ships and vessels from corrosion, thereby driving the product demand from oil and gas industry. Furthermore, corrosion of metal pipes in water and wastewater treatment plants, oil and gas exploration and production is a key factor promoting demand.
The increasing penetration of GRP piping systems in sectors including water and wastewater treatment, power generation, sewage and drainage systems, aerospace, and fire protection is expected to aid market growth. In addition, rising industrial and commercial construction has resulted in boosting demand for GRP piping systems in the construction sector owing to its superior build quality as compared to its counterparts.
Industry participants are focusing on the R&D related to the use of advanced polymers for improving the durability, strength, and temperature and pressure resistance. However, fluctuating raw material prices may pose a significant threat for the manufacturers over the forecast period.
Glass Fiber Reinforced Plastic Piping Systems Market Report Highlights
- Epoxy is expected to grow at the fastest CAGR of 7.7% from 2025 to 2030 owing to its use in manufacturing GRP pipes and fittings to impart enhanced fire retardant and structural integrity properties
- The consumption of the product in elbows is expected to expand at a CAGR of 6.9% on account of its high load bearing capacity and chemical resistance, which aids its installation in oil refineries for fluid or gas flow diversion
- Middle East and Africa accounted for 26.4% of global market share in terms of revenue in 2024 owing to increasing support for strong infrastructure projects and government reforms in the region for meeting the growing energy demand
- Major players in the Glass Reinforced Plastics (GRP) piping systems market are involved in distributing their products through varied distribution channels including direct supply agreements, vendors, wholesalers and distributors; to obtain a competitive edge in the market
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments
- Competitive Landscape: Explore the market presence of key players worldwide
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
The leading players in the Glass Fiber Reinforced Plastic Piping Systems market include:
- Plasticon Composites
- STEULER-KCH
- HOBAS
- Protecciones Plasticas S.A. (Protesa)
- Saudi Arabian Amiantit Co.
- PPG Industries, Inc.
- FIBREX
- Abu Dhabi Pipe Factory (ADPF)
- Hedley Industrial Group
- Hengrun Group Co., Ltd.
- Borealis
- Toray Resins
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 90 |
| Forecast Period | 2024 – 2030 |
| Estimated Market Value (USD) in 2024 | $1.64 Billion |
| Forecasted Market Value (USD) by 2030 | $2.36 Billion |
| Compound Annual Growth Rate | 6.4% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Insights
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Glass Fiber Reinforced Plastic Piping Systems Market Variables, Trends & Scope
3.1. Global Glass Fiber Reinforced Plastic Piping Systems Market Outlook
3.2. Industry Value Chain Analysis
3.3. Technology Overview
3.4. Average Price Trend Analysis
3.5. Supply-Demand GAP Analysis, 2024
3.6. Regulatory Framework
3.7. Market Dynamics
3.8. Porter’s Five Forces Analysis
3.9. PESTEL Analysis
Chapter 4. Glass Fiber Reinforced Plastic Piping Systems Market: Material Outlook Estimates & Forecasts
4.1. Glass Fiber Reinforced Plastic Piping Systems Market: Material Movement Analysis, 2024 & 2030
4.1.1. Polyester
4.1.2. Vinylester
4.1.3. Epoxy
Chapter 5. Glass Fiber Reinforced Plastic Piping Systems Market: Product Outlook Estimates & Forecasts
5.1. Glass Fiber Reinforced Plastic Piping Systems Market: Product Movement Analysis, 2024 & 2030
5.1.1. Pipes
5.1.2. Blinds
5.1.3. Elbows
5.1.4. Nozzles
5.1.5. Reducers
5.1.6. Tees
Chapter 6. Glass Fiber Reinforced Plastic Piping Systems Market Regional Outlook Estimates & Forecasts
6.1. Regional Snapshot
6.2. Glass Fiber Reinforced Plastic Piping Systems Market: Regional Movement Analysis, 2024 & 2030
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Vendor Landscape
7.2.1. Company categorization
7.2.2. List of Key Distributors and Channel Partners
7.2.3. List of Potential Customers/Products
7.3. Competitive Dynamics
7.4. Company Profiles
- Plasticon Composites
- STEULER-KCH GmbH
- HOBAS
- Protecciones Plasticas S.A. (Protesa)
- Saudi Arabian Amiantit Co.
- PPG Industries, Inc.
- FIBREX
- Abu Dhabi Pipe Factory (ADPF)
- Hedley Industrial Group
- Hengrun Group Co., Ltd.
- Borealis
- Toray Resins GmbH
For more information about this report visit https://www.researchandmarkets.com/r/uuptvq
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- Glass Fiber Reinforced Plastic Piping Systems Market
