Fiberglass Pipes Market Size, Share, and Industry Analysis By Product (GRE Pipes, GRP Pipes, and Others), By Fiber Type (E-Glass, T-Glass/S-Glass/R-Glass, and Others), By End Use (Oil & Gas, Chemicals, Sewage, Irrigation, and Others), and Regional Forecast till 2032

The global fiberglass pipes market is estimated to grow considerably. It is due to the rising construction activities and intensifying demand for durable and lightweight pipe. A fiberglass pipe is an advanced piping system. It is made from composite materials of glass fibers entrenched in a resin matrix. This composite construction allows excellent strength-to-weight ratio, corrosion resistance, and durability.

• According to the National Institute of Standards and Technology (NIST), about 56% of the proportion of the U.S. industrial facilities implemented the pipes for fluid transport in 2023.

They are known for their ability to withstand extreme environmental conditions and chemical exposures. It consists of aggregates, granules, platelet filters, thixotropic agents, and pigments and dyes. They are commonly employed in water and wastewater management systems.

• According to the Italian National Institute of Statistics, 48% of the share of fiberglass pipes in power plant cooling systems in Germany in 2023.

Fiberglass Pipes Market Driver

Rising demand for Piping System and Infrastructure Development Boost Market Growth

The growing aspect that is pushing market growth is the rising demand for piping systems. The growing demand is attributable to various advantages and properties of the tools. They offer exceptional resistance to corrosion and are an apt choice for transportation of corrosive materials for instance oil, gases, and others. It ensures longer service life with respect to the traditional materials. Additionally, easy installation and lightweight of the equipment is impelling market growth. These properties are attracting numerous customers who desire for remote or challenging terrains transportations to reduce labor costs.

• According to the European Medicines Agency (EMA), approximately 44 % of European oil and gas pipelines were using fiberglass pipes in 2023.

Furthermore, rapid development of infrastructure is fostering demand for the tools that are supporting market growth. Fast urbanization and industrialization especially in developing countries are bolstering requirements for supply for various facilities. Therefore, it is escalating demand for piping systems that is bolstering market growth.

• According to the Ministry of Economic Affairs (MOEA), around 50% of the share of fiberglass pipes in agricultural irrigation systems in India in 2023.

Fiberglass Pipes Market Restraint

High Initial Costs and Limited Awareness and Technical Expertise Impede Market Growth

The off-putting factor that can hinder market growth is the increasing cost of production and installation of the system. Manufacturing of the products uses high quality of materials with respect to the conventional materials which is increasing product cost. Therefore, expensiveness of the products is deterring many firms with low budgets from adoption of the system. Additionally, fluctuation in prices of raw materials is also impacting the cost which poses a barrier on profitability for manufacturers.

Furthermore, limited knowledge and lack of technical experts are hampering market growth. Lack of awareness among people regarding benefits of the piping system and their installation is declining demand for the tools. Shortage of skilled personnel is unable to maintain and handle proper installation of the system which is further hampering market growth.

Fiberglass Pipes Market Opportunity

Renewable Energy Projects and Advancement is Manufacturing Technologies Create Opportunity for market Growth

One of the significant opportunities for market growth is the growing number of renewable energy projects. Rising adoption of renewable energy infrastructures such as wind farms and solar plants are thrusting demand for the tools. The modern structure requires a strong foundation, which is encouraging manufacturers to produce many novel pipes.

• According to the U.S. Census Bureau, about 60% of growth in demand for fiberglass pipes in the U.S. construction sectors in 2023.

Furthermore, rising integration of advanced technology for manufacturing processes is presenting a great avenue for market expansion. Embracing filament winding and resin transfer molding are enhancing performance of the tool and improving their quality. Hence, it is drawing the attention of many end-users to install modern systems.

Segmentation

Key Insights

The report covers the following key insights:

• Rising demand for Piping System and Infrastructure Development by Key Countries
• Green Energy Projects and Advanced Manufacturing Techniques by Key Companies
• Drivers, Restraints, Trends, and Opportunities
• Business Strategies Adopted by Key Players
• Consolidated SWOT Analysis of Key Players
• Key Industry Developments (Mergers, Acquisitions, Partnerships)

Analysis by Product

Based on product, the fiberglass pipes market is divided into GRE pipes, GRP pipes, and others.

The GRP pipes segment is leading in the market, driven by its extensive exploitation in diverse projects. It is preferable for services where durability and long service life are critical.

The GRE pipes segment is anticipated to grow in the market. It is due to their mechanical strength and impact resistance. This product is suitable for various applications in the oil and gas sectors.

Analysis by Fiber Type

Based on fiber type, the fiberglass pipes market is divided into E-glass, T-glass/S-glass/R-glass, and others.

The E-glass segment is leading in the market, caused by the utilization of the fiber in manufacturing of pipes. It provides excellent balance between strength, durability, andcost-effectiveness.it also resist corrosion and hence widely used by various sectors.

The S-glass segment is anticipated to expand in the market owing to their various benefits including high tensile strength and stiffness. It is apt for applications where excellent structural integrity is essential.

Analysis by End Use

Based on component, the fiberglass pipes market is divided into oil & gas, chemicals, sewage, irrigation, and others.

The oil & gas segment is dominating in the market, driven by the rising insistence for the equipment for numerous purposes in this sector. They are availing benefits of the properties for the pipes such as dimensional stability, lightweight, and ease of installation.

The chemicals segment is expected to grow in the market owing to rising energy and infrastructure reformation to upgrade their aging infrastructure. They are satisfying energy requirements to fulfill quick growth development in a variety of regions.

Regional Analysis

Based on geography, the market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

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Asia Pacific is the leading region in the market. It is driven by the rapid industrialization in many areas. Rising infrastructure progress is fueling demand for the tools. China and India are major countries supporting market growth extensively. Governments are initiating numerous projects and investing huge amounts in the piping system are bolstering market growth.

North America is witnessing substantial growth in the market, caused by the adoption of sustainable construction practices. These buildings of various commercials are pushing demand for the equipment. Imposition of stringent environmental regulation standards is forcing organizations to implement the system. Furthermore, rising modernization of existing infrastructures is fostering market expansion.

Europe is expected to be the fastest growing region in the market due to the compliance with strict sets of rules that is forcing adoption of the system. Emphasizing on sustainable development in this region is fueling demand for the solution. Escalation requirements for renovation and replacement of old structures are supporting market growth.

Key Players Covered

The report includes the profiles of the following key players:

• Future Pipe Industries (Dubai)
• (U.S.)
• Russel Metals Inc. (Canada)
• Amiblu Holding GmbH (Austria)
• Andronaco Industries (U.S.)
• Creative Composites Group (U.S.)
• Gruppo Sarplast S.r.l. (Italy)
• FIBREX (India)
• Hobas Pipe USA, Inc. (U.S.)

Key Industry Developments

• In August 2024, Inpipe Sweden AB launched its advanced UV-cured GRP liners in India. This product is designed to offer cost-effective and sustainable solutions for pipeline rehabilitation.
• In June 2022, Owens Corning announced its partnership with Pultron Composites to augment their production of fiberglass rebar and pipes. It aimed to cater the growing demand in infrastructure projects.
• In May 2020, Energy Services Middle East collaborated with Subor Pipe Industry to expand their reach in the Middle East and African markets. Through its alliance the company is focusing on delivering innovative fiberglass pipe solutions.