PUBLISHER: The Business Research Company | PRODUCT CODE: 1664301
PUBLISHER: The Business Research Company | PRODUCT CODE: 1664301
A fiberglass pipe refers to a pipe made from a composite material such as glass fiber-reinforced plastic, which consists of a polymer matrix reinforced with fibers. It includes aggregates, granules, platelet fillers, thixotropic agents, and pigments or dyes. Since it is lightweight and corrosion-resistant, it is used in several industries for water and natural gas transportation.
The main types of fiberglass pipes are glass-reinforced plastic, glass-reinforced epoxy, and other types. Glass-reinforced plastic is made of synthetic resin as the main basic material and glass fiber or other products as reinforced material, processed into a solid material by molding and setting. The various fibers involved are t-glass, e-glass, and other fibers that are used for applications in oil and gas, chemicals, sewage, irrigation, and other end uses.
The fiberglass pipes market research report is one of a series of new reports from The Business Research Company that provides fiberglass pipes market statistics, including fiberglass pipes industry global market size, regional shares, competitors with fiberglass pipes market share, detailed fiberglass pipes market segments, market trends, and opportunities, and any further data you may need to thrive in the fiberglass pipes industry. This fiberglass pipes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The fiberglass pipes market size has grown strongly in recent years. It will grow from $5.29 billion in 2024 to $5.63 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to growing demand in oil and gas industry, corrosion resistance, lightweight and high strength, durability and longevity, chemical resistance, low thermal conductivity.
The fiberglass pipes market size is expected to see strong growth in the next few years. It will grow to $7.49 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to water infrastructure investment, growth in desalination projects, focus on sustainable construction, development of smart cities, emerging markets adoption. Major trends in the forecast period include technological innovations, advancements in resin technology, customization and specialty applications, adoption of filament winding technology, sustainability and environmental considerations.
The growing exploration activities in the oil and gas sectors are anticipated to drive the growth of the fiberglass pipes market. These activities encompass the processes and methods used to identify potential sites for oil and gas drilling and extraction. To maintain production levels, oil companies often rely on water injection, which can lead to increased flow rates and injection pressures due to corrosion and erosion. In these scenarios, fiberglass pipes are utilized to manage pressure effectively, as they are non-corrosive. Additionally, fiberglass pipes serve as excellent casings for oil, gas, water, and chemical wells, and companies like FPI have expertise in downhole pipes for water, CO2, waste injection, and production lines. For instance, in November 2023, the International Energy Agency, a France-based intergovernmental organization, reported that global oil demand is projected to rise by 1.5 million barrels per day in 2024, reaching approximately 102.4 million barrels per day. Thus, the increase in exploration activities within the oil and gas sectors is significantly contributing to the growth of the fiberglass pipes market.
The growth of the fiberglass pipes market is expected to be driven by an increase in infrastructure development. Fiberglass pipes are favored in construction projects due to their durability, resistance to corrosion, and versatility for various applications. This heightened demand is particularly evident in water and sewer systems, chemical processing plants, oil and gas infrastructure, and renewable energy projects. Factors such as long-term cost savings, government initiatives, globalization, urbanization trends, stringent environmental regulations, and ongoing technological advancements further enhance the adoption of fiberglass pipes in modern infrastructure projects. For example, in July 2024, the Office for National Statistics, a UK-based government department, reported that total investment in the infrastructure sector reached $18.0 billion (£13.8 billion) in constant prices for 2023, marking a 3.9% increase from 2022. The estimated net stocks of infrastructure in the market sector stood at $456.9 billion (£350.2 billion) in constant prices for 2023, reflecting a 0.3% rise compared to the previous year. Furthermore, total general government investment in infrastructure rose by 9.6%, reaching $34.1 billion (£26.0 billion) in current prices in 2022, compared to 2021. Therefore, the rising government initiatives aimed at developing smart cities are propelling the growth of the fiberglass pipes market.
Strategic partnerships have become a prevalent trend in the fiberglass pipes market. Leading companies are increasingly focusing on partnerships to bolster their market position. Noteworthy collaborations include Owens Corning's partnership with Pultron Composites in June 2022, aimed at providing advanced material solutions. This partnership is poised to enhance Owens Corning's market potential by expanding market capacity and services. Additionally, Energy Services Middle East's undisclosed partnership with Subor Pipe Industry Trade in May 2020 is aimed at delivering innovative solutions to the oil, gas, and alternative energy sectors. This strategic collaboration reflects a promising future for both entities by leveraging Subor Pipe Industry Trade's expertise in manufacturing Glass fiber Reinforced Polyester (GRP) Pipes.
Prominent players within the fiberglass pipes market are innovating by introducing novel fire-retardant pipe systems to fortify their market presence. A fire-retardant pipe jacket acts as a protective layer or insulation specifically engineered to impede the spread of fire along pipes. An illustration of this innovation is the launch of HEAT-FIT by Georg Fischer Piping Systems Ltd. in March 2022. Designed for thermoplastic piping systems within the shipbuilding industry, HEAT-FIT offers a lightweight and corrosion-resistant solution for critical shipboard applications while meeting stringent safety standards, particularly in fire resistance. This system incorporates a two-layer design integrating thermoplastic polyurethane, high-temperature fiberglass fabric, and a non-toxic, water-based intumescent coating. Capable of enduring temperatures up to 1000°C for 30 minutes at 3 bar pressure, its user-friendly installation and retrofitting adaptability without additional training make it highly suitable for the demanding marine environment.
In September 2024, Amiblu, an Austria-based manufacturer of glass-fiber reinforced plastic (GRP) pipes, acquired RPC Pipe Systems for an undisclosed amount. This acquisition aims to enhance Amiblu's global presence and strengthen its position in the Asia-Pacific market by leveraging RPC's expertise and expanding its portfolio of innovative and sustainable pipe solutions. RPC Pipe Systems is a manufacturer of fiberglass pipes based in Australia.
Major companies operating in the fiberglass pipes market include NOV Inc., Saudi Arabian Amiantit Company, HOBAS International GmbH, Chemical Process Piping Pvt. Ltd., Fibrex Corporation, Abu Dhabi Pipe Factory LLC, Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd., Future Pipe Industries Inc., Sarplast SA, ZCL Composites Inc., Hengrun Group Co. Ltd., Sekisui Chemical Co. Ltd., Balaji Fiber Reinforce Pvt. Ltd., Shawcor Ltd., Amiblu Holding GmbH, EPP Composites Pvt. Ltd., Kuzeyboru AS, Poly Plast Chemi Plants (I) Pvt. Ltd., Plasticon Germany GmbH, Kurotec-KTS GmbH, Enduro Composites Inc., Flowtite Technology AS, Fiberglass Fabricators Inc., Fibrex FRP Piping Systems, Fibro Plastichem India Pvt. Ltd., Fibrotech Industries, Fibrox Plastichem India Pvt. Ltd., Fibsol GmbH, Fibtech Composite Industries, Fibtex Industries, Fibxol Polymers Pvt. Ltd., Filament Windings Inc., Flowtite South Africa, Fibre Reinforced Plastic Manufacturing Inc.
Asia-Pacific was the largest region in the fiberglass pipes Market in 2024. The regions covered in the fiberglass pipes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the fiberglass pipes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The fiberglass pipes market consists of sales of reinforced thermosetting resin pipe (RTRP) and reinforced polymer mortar pipe (RPMP). Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Fiberglass Pipes Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on fiberglass pipes market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for fiberglass pipes ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The fiberglass pipes market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.