FRP/GRP/GRE Pipe Market Key Companies and SWOT Analysis by 2031

FRP/GRP/GRE Pipe Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage : by Resin (Polyster, Polyurethane, Epoxy); Fiber Type (Glass Fiber, Carbon Fiber); Application (Oil And Gas, Sewage Pipe, Irrigation); and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00040418
  • Category : Chemicals and Materials
  • No. of Pages : 150
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The FRP/GRP/GRE Pipe Market is expected to register a CAGR of 4.3% from 2025 to 2031, with a market size expanding from US$ XX Million in 2024 to US$ XX Million by 2031.

The FRP/GRP/GRE pipe market report is segmented by Resin (Polyster, Polyurethane, Epoxy, and Others), Fiber Type (Glass Fiber, Carbon Fiber), and Application (Oil And Gas, Sewage Pipe, Irrigation, and Others). The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis, segments, regions, and countries. The report covers market trends, as well as market dynamics such as drivers, restraints, and key opportunities. The report also covers industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the market.

Purpose of the Report

The report FRP/GRP/GRE Pipe Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

FRP/GRP/GRE Pipe Market Segmentation

Resin
  • Polyster
  • Polyurethane
  • Epoxy
Fiber Type
  • Glass Fiber
  • Carbon Fiber
Application
  • Oil And Gas
  • Sewage Pipe
  • Irrigation

Strategic Insights

FRP/GRP/GRE Pipe Market Growth Drivers
  • Rising Demand for Corrosion-Resistant Materials: The increasing need for corrosion-resistant materials across industries like oil and gas, water management, and chemicals is a major driver for the FRP/GRP/GRE pipe market. These composite pipes offer superior resistance to corrosion compared to traditional materials like steel, ensuring longevity and reducing maintenance costs. As industries prioritize durability, the demand for these composite pipes continues to grow.
  • Advancements in Composite Material Technology: Technological innovations in composite materials, including improvements in resin systems, fiber reinforcement, and manufacturing processes, are fueling the FRP/GRP/GRE pipe market. These advancements enhance the performance of composite pipes, such as higher strength, lighter weight, and improved flexibility, making them ideal for demanding applications in industries like water treatment, oil and gas, and chemicals.
  • Environmental and Sustainability Considerations: Increasing environmental concerns and the need for sustainable solutions are driving the adoption of FRP/GRP/GRE pipes. These composite materials are lightweight, durable, and recyclable, offering environmental benefits compared to traditional materials. As industries focus on reducing their carbon footprint and adhering to stricter environmental regulations, composite pipes present a more sustainable alternative for various infrastructure projects.
FRP/GRP/GRE Pipe Market Future Trends
  • Growing Adoption in Infrastructure Projects: There is a growing trend of adopting FRP/GRP/GRE pipes in infrastructure projects, especially in sewage and water management systems. These pipes offer high strength, flexibility, and resistance to corrosion, making them ideal for applications in water transportation and treatment. As global infrastructure projects expand, the demand for these composite pipes is increasingly evident.
  • Integration of Smart Monitoring Systems: The trend of integrating smart monitoring systems into FRP/GRP/GRE pipes is gaining traction. These smart pipes are equipped with sensors to monitor factors such as pressure, temperature, and flow rate, enabling real-time data collection and predictive maintenance. The trend is particularly prevalent in the oil and gas, chemical, and water industries, where pipeline monitoring is crucial.
  • Shift Toward Lightweight and Flexible Materials: There is a significant trend toward the use of lightweight and flexible materials in the piping industry. FRP/GRP/GRE pipes are increasingly favored for their lightweight nature, which reduces transportation and installation costs. These materials' flexibility allows them to withstand stress and vibration, making them ideal for applications in seismic zones and challenging environments, including offshore pipelines.
FRP/GRP/GRE Pipe Market Opportunities
  • Expansion in the Oil and Gas Industry: The oil and gas industry presents significant opportunities for the FRP/GRP/GRE pipe market. These composite pipes offer exceptional resistance to corrosion, high pressure, and temperature extremes, making them ideal for offshore drilling, transport of chemicals, and gas pipelines. As the global demand for oil and gas infrastructure grows, FRP/GRP/GRE pipes are poised to see increased usage.
  • Growing Demand for Water and Wastewater Infrastructure: As the global demand for clean water and wastewater treatment increases, there is a significant opportunity for FRP/GRP/GRE pipes in water distribution systems. These pipes' resistance to corrosion and their long lifespan make them ideal for use in water treatment facilities, sewage systems, and desalination plants, supporting sustainable water management practices worldwide.
  • Opportunities in Renewable Energy Projects: Renewable energy projects, such as geothermal and offshore wind energy, offer opportunities for the FRP/GRP/GRE pipe market. These materials' resistance to corrosion and ability to withstand harsh environmental conditions make them ideal for energy infrastructure. As global investments in renewable energy grow, the demand for durable, corrosion-resistant composite pipes for energy applications continues to rise.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the FRP/GRP/GRE Pipe Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the FRP/GRP/GRE Pipe Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
World Geography

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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


What is the expected CAGR of the FRP/GRP/GRE pipe market?

The FRP/GRP/GRE pipe market is estimated to witness a CAGR of 4.3% from 2025 to 2031

What are the driving factors impacting the FRP/GRP/GRE pipe market ?

Rising demand for corrosion-resistant materials is driving the market growth.

What are the key players operating in the FRP/GRP/GRE pipe market?

ZCL, Balaji fiber reinforced, Future pipe, NOV pipe, Ashland, Chemical Process Piping Pvt Ltd, lzfrp, Amiantit Company, Hobas, and Graphite India are the key players operating in the FRP/GRP/GRE pipe market.

Which is the fastest growing segment based on resin?

Based on resin, the epoxy segment is expected to witness the fastest growth during the forecast period.

Based on geography, which region held the largest share of the FRP/GRP/GRE pipe market?

Based on geography, Asia Pacific held the largest share of the FRP/GRP/GRE pipe market.

What is the future trend for FRP/GRP/GRE pipe market?

Growing adoption in infrastructure projects is expected to be the key market trends.


  • ZCL

  • Balaji fiber reinforced

  • Future pipe

  • NOV pipe

  • Ashland

  • Chemical Process Piping Pvt Ltd

  • lzfrp

  • Amiantit Company

  • Hobas

  • Graphite India

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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