PUBLISHER: Value Market Research | PRODUCT CODE: 1547786
PUBLISHER: Value Market Research | PRODUCT CODE: 1547786
The global demand for Fiberglass Pipes Market is presumed to reach the market size of nearly USD 4.84 Billion by 2032 from USD 2.83 Billion in 2023 with a CAGR of 6.13% under the study period 2024-2032.
Fiberglass pipes are made up of composite materials which have collective properties of various materials such as glass fibers, polyester resins, and fillers. These pipes find uses in various end-use industries such as chemicals, oil, and gas, irrigation, etc. Fiberglass is manufactured from different raw materials such as E-glass, A-glass, C-glass, S-glass and AE-glass. A fiberglass pipe provides exceptional mechanical strength and low modulus of electricity. The principal characteristic of the material is a high strength-to-weight ratio to resist high pressures conditions.
The growing demand from end-use industries owing to the various benefits such as long durability, excellent tensile strength, low installation costs, and corrosion resistance is the key factor driving the growth of the fiberglass pipes market. The rising oil & gas production is expected to create a considerable demand for fiberglass in the coming years. Moreover, the growing demand for corrosion- resistant, lightweight and durable pipelines in numerous countries due to the linked high cost of pipeline installation for heavy pipes and material is likely to create more demand for fiberglass pipes. Furthermore, the ever-increasing in population has amplified the demand for oil, fuel, and gas to meet daily requirements, which will positively impact the market of fiberglass pipes.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Fiberglass Pipes. The growth and trends of Fiberglass Pipes industry provide a holistic approach to this study.
This section of the Fiberglass Pipes market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Fiberglass Pipes market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Fiberglass Pipes market include National Oilwell Varco Inc., Graphite India Limited, Saudi Arabian Amiantit Company, PPG Fiberglass Industries, HOBAS International GmbH, Fibrex Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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