North America Epoxy FRP Pipes Market was valued at USD 0.3 Billion in 2022 and is projected to reach USD 0.5 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The North American market for Epoxy Fiber Reinforced Polymer (FRP) pipes has seen significant growth over the past few years. The reason behind this surge lies in the increasing demand for durable, corrosion-resistant, and lightweight piping solutions across various industries. The ability of Epoxy FRP pipes to withstand extreme temperatures, pressure, and harsh chemicals has made them a go-to choice for applications in industries such as oil and gas, chemical processing, water treatment, and construction.
Epoxy FRP pipes are predominantly used in infrastructure projects where resistance to corrosion, impact, and fatigue is crucial. In the oil and gas industry, these pipes are widely employed for transporting liquids and gases, especially in offshore and underground systems. Their lightweight nature not only makes installation easier but also reduces transportation costs, which is a significant advantage over traditional metal pipes. Additionally, the non-corrosive properties of Epoxy FRP pipes ensure longevity and reduce the need for frequent maintenance, saving both time and money in the long run.
In the water treatment industry, Epoxy FRP pipes are increasingly being used for transporting potable water, wastewater, and chemical solutions. Their ability to withstand the aggressive nature of chemicals makes them ideal for use in both municipal and industrial treatment facilities. Moreover, the growing focus on sustainability in water management and the need for eco-friendly solutions further boosts the demand for these pipes in North America.
Another significant application is found in the construction sector, where these pipes are used for both residential and commercial plumbing systems. The increasing trend towards sustainable building materials is pushing more builders to opt for Epoxy FRP pipes due to their eco-friendly characteristics and lower environmental impact during production and disposal.
The need for robust, long-lasting materials in industries that require high-performance solutions has positioned the North America Epoxy FRP Pipes Market as a rapidly expanding sector, meeting the evolving requirements from various industries.
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ZCL (Canada)
Balaji fiber reinforced (India)
Future pipe (UAE)
NOV pipe (U.S.)
Ashland (U.S.)
Chemical Process Piping Pvt Ltd (Singapore)
lzfrp (China)
Amiantit Company (Saudi Arabia)
Hobas (U.S.)
Graphite India (India)
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 North America Epoxy FRP Pipes Market
Oil and Gas
Sewage pipe
Irrigation
Based on Types the Market is categorized into Below types that held the largest Epoxy FRP Pipes market share In 2023.
Hot rolled steel pipe
Cold drawn pipe
North America (United States, North America 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 North America Epoxy FRP Pipes 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. North America Epoxy FRP Pipes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Epoxy FRP Pipes Market, By Type
6. North America Epoxy FRP Pipes Market, By Application
7. North America Epoxy FRP Pipes Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Epoxy FRP Pipes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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