Fiberglass Pipe Market size was valued at USD 4.5 Billion in 2024 and is forecasted to grow at a CAGR of 6.8% from 2026 to 2033, reaching USD 7.2 Billion by 2033.
The global fiberglass pipe market was valued at approximately USD 7.5 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. North America held the largest market share in 2022, accounting for over 30% of the total market revenue. The regions dominance is attributed to the extensive use of fiberglass pipes in water and wastewater treatment plants, along with an increasing demand for lightweight, corrosion resistant materials in infrastructure projects. Europe also accounted for a significant share in 2022, with countries like Germany, the UK, and France witnessing a rise in fiberglass pipe adoption for various industrial applications, particularly in the oil and gas sector. The Asia Pacific region is expected to experience the highest growth during the forecast period, driven by the growing demand from countries like China and India, where industrialization, urbanization, and infrastructure development are accelerating rapidly.
In terms of market opportunities, the Middle East and Africa are anticipated to present considerable growth potential, driven by ongoing infrastructure projects in the region, particularly in oil and gas extraction and distribution. Latin America, while a smaller market in 2022, is likely to see increased adoption of fiberglass pipes as the region focuses on improving its industrial and municipal infrastructure. The increasing focus on sustainability and the growing trend of replacing traditional materials with more durable, corrosion resistant alternatives will provide ample opportunities for fiberglass pipes, particularly in industries such as water and wastewater management, agriculture, and oil and gas. The growing awareness of the benefits of fiberglass pipes, including their ability to withstand harsh conditions and reduce maintenance costs, will further fuel the markets expansion globally.
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Reliance Industries
Apex Western Fiberglass
HOBAS Pipes International GmbH
Andronaco Industries
Future Pipe Industries
Sarplast SA
Fibrex Construction Group
FCX Performance
PPG Industries
Hengrun Group
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Fiberglass Pipe Market
Polyester Fiberglass Pipes
Vinyl Ester Fiberglass Pipes
Epoxy Fiberglass Pipes
Water and Wastewater
Oil and Gas
Agriculture
Chemical Processing
Construction
Unsaturated Polyester Resin
Epoxy Resin
Vinyl Ester Resin
Small Diameter Pipes (Up to 6 inches)
Medium Diameter Pipes (6 to 24 inches)
Large Diameter Pipes (Over 24 inches)
Municipal and Industrial
Aerospace and Defense
Mining
Pharmaceuticals
Power Generation
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Fiberglass Pipe Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Fiberglass Pipe Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Fiberglass Pipe Market, By Type
6. Global Fiberglass Pipe Market, By Application
7. Global Fiberglass Pipe Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Fiberglass Pipe Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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