Market Overview:
The global FRP pipe market size reached US$ 4.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.19% during 2023-2028.
Fiber reinforced plastic (FRP) pipe is a composite material manufactured by centrifugal casting and winding process that reinforces thermosetting resins with fiberglass filaments. It is lightweight, strong, easy to install, and highly resistant to temperature, chemicals, and corrosion. It is extensively used in the trenchless installation of pipelines, such as direct pipe and micro tunneling, as it provides the required jacking pressure to drive the pipe due to its smooth outer surface. Additionally, it withstands the corrosion of acid, alkali, and salt and prevents the erosion of untreated sewage, corrosive soil, and chemical wastewater. As FRP pipe incurs low investment and pumping costs, it is extensively used in various industries, such as construction, chemical, and oil and gas.

FRP Pipe Market Trends:
The growing global population is increasing construction of residential and commercial buildings. This is driving the demand for proper drainage and pipeline system installed with FRP pipes. The rising demand for lightweight and corrosion-resistant piping from the construction industry is also bolstering the market growth. In addition, the increasing use of chemical and pollution-resistant pipes in the chemical and oil and gas industries is offering lucrative growth opportunities to manufacturers. In line with this, technological innovations in the manufacturing process of FRP pipes are offering a favorable market outlook. Furthermore, the increasing utilization of FRP pipes in water and wastewater treatment operations, saltwater cooling and desalting plants, water well casings, process piping, and injection lines is strengthening the market growth. Additionally, the rising awareness among the masses about the benefits of using FRP pipes over other piping systems is contributing to market growth. Moreover, increasing investment in pipeline infrastructure and research and development (R&D) activities to launch advanced product variants are propelling the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global FRP pipe market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, manufacturing process and application.
Breakup by Type:
- Glass-Reinforced Polyester
- Glass-Reinforced Vinyl Ester
- Glass-Reinforced Epoxy
Breakup by Manufacturing Process:
- Centrifugal Casting
- Filament Winding
- Pultrusion
- Others
Breakup by Application:
- Water and Wastewater
- Chemical and Industrial
- Oil and Gas
- Power Generation
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Augusta Fiberglass, Enduro Composites, Ershigs Inc, Fibrex Fiberglass Pipe, FRP SYSTEMS, Hanwei Energy Services Corp., HOBAS, Industrial Plastic Systems, Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd, NOV Inc., Sarplast, Saudi Arabian Amiantit Co. and Shawcor Ltd.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2022 |
Historical Period |
2017-2022 |
Forecast Period |
2023-2028 |
Units |
US$ Billion |
Segment Coverage |
Type, Manufacturing Process, Application, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Augusta Fiberglass, Enduro Composites, Ershigs Inc, Fibrex Fiberglass Pipe, FRP SYSTEMS, Hanwei Energy Services Corp., HOBAS, Industrial Plastic Systems, Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd, NOV Inc., Sarplast, Saudi Arabian Amiantit Co. and Shawcor Ltd. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |