Glass Reinforced Vinylester Pipe Market size was valued at USD 1.2 Billion in 2024 and is projected to reach USD 2.3 Billion by 2033, exhibiting a CAGR of 8.2% from 2026 to 2033.
In 2022, the global Fiber Reinforced Plastic (FRP) pipe market, which includes Glass Reinforced Vinylester Pipes, was valued at approximately USD 4.5 billion. The market is projected to grow at a compound annual growth rate (CAGR) of 4.3% from 2023 to 2032, reaching around USD 6.2 billion by the end of the forecast period. This growth is driven by increasing demand across industries such as oil and gas, water and wastewater management, and chemical processing, where the need for corrosion resistant and lightweight piping solutions is paramount. Regionally, North America held a significant share of the FRP pipe market in 2022, with the United States and Canada being key contributors due to established infrastructure and ongoing upgrades. The Asia Pacific region, particularly countries like China and India, is anticipated to experience substantial growth in the coming years. Rapid industrialization, urbanization, and extensive infrastructure development projects in these countries are fueling the demand for durable and corrosion resistant piping systems. Europe also represents a notable market, with countries such as Germany, the United Kingdom, and France investing in infrastructure modernization and sustainable construction practices. The Middle East and Africa, along with Latin America, are expected to witness steady growth, driven by increasing investments in oil and gas exploration and production activities.
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Saudi Arabian Amiantit
Farassan Manufacturing & Industrial Company
Future Pipe Industries
Scanunit
Conley Composites
Hobas
Novafast International
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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 Glass Reinforced Vinylester Pipe Market
Water Supply and Distribution
Chemical Processing
Industrial Manufacturing
Agricultural Irrigation
Oil and Gas Industry
Wastewater Management
Municipal
Construction
Aerospace
Marine
Energy and Power
Pharmaceuticals
Small Diameter Pipes (Less than 4 inches)
Medium Diameter Pipes (4 to 12 inches)
Large Diameter Pipes (Above 12 inches)
Filament Winding
Pultrusion
Sheet Molding Compound (SMC)
Liquid Molding
Glass Fiber Reinforcement
Carbon Fiber Reinforcement
Hybrid Fiber Reinforcement
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 Glass Reinforced Vinylester 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 Glass Reinforced Vinylester Pipe Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Glass Reinforced Vinylester Pipe Market, By Type
6. Global Glass Reinforced Vinylester Pipe Market, By Application
7. Global Glass Reinforced Vinylester Pipe Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Glass Reinforced Vinylester Pipe Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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