Fibre Reinforced Plastic Pipes Market Research Report: By Pipe Type (Glass Fiber Reinforced Plastic (GFRP), Carbon Fiber Reinforced Plastic (CFRP), Aramid Fiber Reinforced Plastic (AFRP), Polyethylene Terephthalate (PET) Fiber Reinforced Plastic), By Manufacturing Process (Centrifugal Casting, Pultrusion, Filament Winding, Hand Lay-up), By Application (Oil and Gas, Water and Wastewater, Chemical Processing, Construction, Marine, Automotive), By Pressure Rating (Low Pressure, Medium Pressure, High Pressure), By Diameter (Small Diameter (less

Global Fibre Reinforced Plastic Pipes Market Overview

The Fibre Reinforced Plastic Pipes Market Size was estimated at 25.11 (USD Billion) in 2022. The Fibre Reinforced Plastic Pipes Industry is expected to grow from 26.6 (USD Billion) in 2023 to 44.69 (USD Billion) by 2032. The Fibre Reinforced Plastic Pipes Market CAGR (growth rate) is expected to be around 5.94% during the forecast period (2024 - 2032).

Key Fibre Reinforced Plastic Pipes Market Trends Highlighted

Growth in the  Fibre Reinforced Plastic (FRP) pipes market can be attributed to the increasing demand for lightweight and corrosion materials in different industries. In the market, increasing infrastructure investments in water wastewater, oil gas and chemical processing industries are the key drivers. The expanding application of FRP pipes in residential and commercial buildings, owing to their strength and thermal efficiency, creates ample scope for the growth of the biologically active oil market. Recent trends in the market include embedding optical fibers and sensors inside the FRP pipes to provide monitoring and diagnostic functions. Besides, the construction of FRP pipes using waste plastics is becoming popular, as there is the aim to produce green and sustainable FRP pipes. The market is expected to witness rapid growth in the coming years because of technological innovations and growing awareness of the advantages accorded by the FRP pipes on the market.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Fibre Reinforced Plastic Pipes Market Drivers

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  Rising Demand for Lightweight and Corrosion-Resistant Infrastructure

  
  

Fibre reinforced plastic (FRP) pipes are witnessing increasing demand in various industries due to their exceptional properties, such as lightweight, high strength, and corrosion resistance. The growing need for durable and reliable infrastructure in sectors like construction, transportation, and energy is driving the demand for FRP pipes. These pipes offer significant advantages over traditional materials such as steel and concrete, making them ideal for applications where weight reduction and corrosion resistance are crucial.The increasing adoption of FRP pipes in water distribution systems, wastewater treatment plants, and industrial piping systems is expected to fuel market growth over the coming years. This market driver highlights the growing preference for lightweight and corrosion-resistant materials in infrastructure development, which is expected to drive the demand for FRP pipes in the  Fibre Reinforced Plastic Pipes Market Industry.

Growing Adoption in Renewable Energy Applications

The trend of increasing deployment of renewable energy technologies is one of the factors that create new opportunities for fiber-reinforced plastic pipes. These pipes are widely used in solar and wind energy applications as they serve as suitable conduits for fluids and gases. Their lightweight properties and resistance to corrosion are the main advantages of FRP pipes, making them suitable for use in harsh environments and extreme weather. The trend of sustainability and decarbonization is likely to lead to the increased adoption of FRP pipes in new renewable energy projects, as these pipes are a durable and eco-friendly alternative to traditional materials.This market driver implies that the growing adoption of FRP pipes in the renewable energy sector will be a factor contributing to market growth over the forecast period.

Stringent Regulations and Environmental Concerns

Governments worldwide are implementing stringent regulations to address environmental concerns and promote sustainable practices. These regulations have led to the increased adoption of FRP pipes, which offer a more environmentally friendly alternative to traditional materials. FRP pipes are non-toxic, recyclable, and have a low carbon footprint compared to materials like steel and concrete. The growing emphasis on environmental sustainability is expected to drive the demand for FRP pipes in various industries, including construction, water management, and chemical processing.This market driver highlights the growing importance of environmental regulations and sustainability concerns, which is expected to positively impact the  Fibre Reinforced Plastic Pipes Market Industry.

Fibre Reinforced Plastic Pipes Market Segment Insights:

Fibre Reinforced Plastic Pipes Market Pipe Type Insights

The  Fibre Reinforced Plastic Pipes market is segmented based on pipe type, including Glass Fiber Reinforced Plastic (GFRP), Carbon Fiber Reinforced Plastic (CFRP), Aramid Fiber Reinforced Plastic (AFRP), and Polyethylene Terephthalate (PET) Fiber Reinforced Plastic. In 2023, the GFRP segment accounted for the highest market share and is projected to maintain its lead over the forecast period. The strong growth of the GFRP segment can be attributed to the favorable properties offered by these pipes, such as high strength, corrosion resistance, and lightweight nature.They are in demand in the oil and gas, water and wastewater, and construction industries, among others. In terms of revenue, the  Fibre Reinforced Plastic Pipes market for GFRP is expected to amount to USD 18.9 billion by 2032, at a CAGR of 6.3% during the forecast period. The CFRP segment is also likely to put up a strong performance through 2032 due to the superior strength-to-weight ratio and exceptional corrosion resistance emulated by these products. Notably, CFRP pipes are increasingly being used in the aerospace, automotive, and marine industries due to the high performance and lower-weight nature required by these applications.In terms of revenue, the market for CFRP pipes is projected to increase to USD 7.8 billion by 2032, relative to USD 4.2 billion in 2023, observing the highest CAGR at 7.5% in the process. A steady growth rate can be expected in the case of the AFRP segment as lightweight and high-performance materials experience increasing demand across different industries. These products can boast high tensile strength and have added advantages such as impact resistance and fatigue resistance, which are crucial for applications in the automotive, aerospace, and defense industries.The market revenue of AFRP pipes is estimated to be USD 2.6 billion by 2032, at a CAGR of 6.8%. The PET segment is expected to see slow growth over the forecast period. Some properties of PET pipes, such as high flexibility, low cost, and transparency, make them appropriate for use in the beverage, food, and pharmaceutical industries. In terms of market revenue, the PET pipes market is expected to amount to USD 2.2 billion in 2032 by 2023, at a CAGR of 6.1%.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Fibre Reinforced Plastic Pipes Market Manufacturing Process Insights

The  Fibre Reinforced Plastic Pipes Market is segmented into various manufacturing processes, including centrifugal casting, pultrusion, filament winding, and hand lay-up. Each process offers distinct advantages and is suited for specific applications. Centrifugal casting is widely used for large-diameter pipes, while pultrusion is ideal for continuous production of pipes with constant cross-sections. Filament winding provides high strength and stiffness, making it suitable for demanding applications. Hand lay-up is a versatile process that allows for customization and is often used for smaller batches or complex shapes.The choice of manufacturing process depends on factors such as pipe size, material properties, production volume, and cost considerations.

Fibre Reinforced Plastic Pipes Market Application Insights

The  Fibre Reinforced Plastic Pipes Market is segmented by Application into Oil and Gas, Water and Wastewater, Chemical Processing, Construction, Marine, and Automotive. The Oil and Gas segment is expected to dominate the market in 2023, accounting for around 35% of the total revenue. This is due to the increasing demand for FRP pipes in the oil and gas industry for the transportation of crude oil and natural gas. The Water and Wastewater segment is expected to grow at a significant CAGR of 6.5% during the forecast period. This growth is attributed to the increasing demand for FRP pipes in water distribution and wastewater treatment applications.The Chemical Processing segment is also expected to witness a steady growth rate during the forecast period, owing to the growing demand for FRP pipes in the chemical industry for the transportation of corrosive chemicals. The Construction segment is expected to account for a significant share of the market in 2023, primarily due to the increasing use of FRP pipes in the construction of bridges, buildings, and other structures. The Marine segment is expected to grow at a moderate pace during the forecast period, driven by the increasing demand for FRP pipes in shipbuilding and offshore applications.The Automotive segment is expected to witness a steady growth rate during the forecast period, owing to the growing demand for FRP pipes in the automotive industry for the transportation of fuels and other fluids.

Fibre Reinforced Plastic Pipes Market Pressure Rating Insights

The  Fibre Reinforced Plastic Pipes Market is segmented by pressure rating into low, medium, and high pressure. The low pressure segment is expected to account for the largest share of the market in 2023, with a value of USD 10.2 billion. This is due to the increasing demand for low pressure pipes in applications such as water distribution, sewage systems, and irrigation. The medium pressure segment is expected to grow at the highest CAGR of 6.5% during the forecast period, reaching a value of USD 12.5 billion by 2032. This growth is attributed to the rising demand for medium pressure pipes in the oil and gas and chemical processing industries.The high pressure segment is expected to account for a market value of USD 11.9 billion by 2032, owing to its increasing use in offshore oil and gas exploration and production activities.

Fibre Reinforced Plastic Pipes Market Diameter Insights

The  Fibre Reinforced Plastic Pipes Market is segmented by diameter into small diameter (less than 50 mm), medium diameter (50-150 mm), and large diameter (over 150 mm). The large diameter segment is expected to hold the largest market share in 2024, owing to the increasing demand for these pipes in the construction and infrastructure industries. The medium diameter segment is also expected to witness significant growth, driven by the growing demand for these pipes in the oil and gas industry. The growth of the market is attributed to the increasing demand for these pipes in various end-use industries, such as construction, infrastructure, oil and gas, and automotive.

Fibre Reinforced Plastic Pipes Market Regional Insights

The  Fibre Reinforced Plastic Pipes Market is segmented into North America, Europe, APAC, South America, and MEA. The market in North America is expected to hold the largest share in 2023, owing to the presence of a large number of manufacturers and end-users in the region. The market in Europe is expected to witness significant growth over the forecast period, due to increasing demand from the construction and automotive industries. The market in APAC is expected to be the fastest-growing region over the forecast period due to increasing demand from the construction, automotive, and oil and gas industries.The market in South America is expected to witness moderate growth over the forecast period, due to increasing demand from the construction and mining industries. The market in MEA is expected to witness steady growth over the forecast period due to increasing demand from the construction and infrastructure industries.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Fibre Reinforced Plastic Pipes Market Key Players And Competitive Insights

Major players in Fibre Reinforced Plastic Pipes Market are continuously innovating and expanding their product portfolios to cater to the diverse needs of end-users. Leading Fibre Reinforced Plastic Pipes Market players are focusing on developing advanced technologies to improve the performance and durability of their products. They are also investing in research and development to create new applications for Fibre Reinforced Plastic Pipes. The Fibre Reinforced Plastic Pipes Market industry is characterized by intense competition among both domestic and international players. Key Fibre Reinforced Plastic Pipes Market development strategies include mergers and acquisitions, joint ventures, and strategic partnerships.As one of the leading players in the  Fibre Reinforced Plastic Pipes Market, Flowtite has established a strong reputation for providing high-quality products and excellent customer service. The company offers a wide range of Fibre Reinforced Plastic Pipes for various applications, including water distribution, wastewater collection, and industrial process piping. Flowtite is committed to innovation and continuously invests in research and development to improve its products and processes. The company has a  presence with manufacturing facilities in North America, Europe, and Asia.Amiantit is another major player in the Fibre Reinforced Plastic Pipes Market. The company is known for its expertise in manufacturing and supplying Fibre Reinforced Plastic Pipes for water and wastewater applications. Amiantit offers a comprehensive range of products, including pipes, fittings, and accessories. The company has a strong presence in the Middle East and North Africa region and is expanding its operations into other markets. Amiantit is focused on providing cost-effective and sustainable solutions for its customers.

Key Companies in the Fibre Reinforced Plastic Pipes Market Include

• Raven Lining


• Fiberpipe


• Lianyungang Zhongfu Lianzhong Composite Pipes


• Jiangsu Zhongfu Sea Hero Composite Science and Technology


• Composite Pipe International


• Canusa


• Zhejiang Jinyuan Carbon Fiber Technology


• NUPI


• Amiblu


• Hobas


• PlastiBerne


• DuraLine


• Fiber Reinforced Polymer Pipes


• Evonik


• Pipelife

Fibre Reinforced Plastic Pipes Market Industry Developments

The  Fibre Reinforced Plastic Pipes market is projected to reach USD 44.69 billion by 2032, exhibiting a CAGR of 5.94% during the forecast period. Increasing demand for lightweight and corrosion-resistant piping systems in various industries, such as oil gas, water wastewater, and construction, is driving market growth. Government regulations promoting the use of FRP pipes for infrastructure projects and the rising adoption of trenchless technologies are further contributing to market expansion. Key industry participants are focusing on product innovation and strategic partnerships to gain a competitive edge. Recent developments include the launch of new FRP pipe designs with enhanced durability and the establishment of joint ventures to expand production capacity. The growing emphasis on sustainable infrastructure and the increasing use of FRP pipes in renewable energy projects are expected to offer significant growth opportunities in the coming years.

Fibre Reinforced Plastic Pipes Market Segmentation Insights

Fibre Reinforced Plastic Pipes Market Pipe Type Outlook

• Glass Fiber Reinforced Plastic (GFRP)


• Carbon Fiber Reinforced Plastic (CFRP)


• Aramid Fiber Reinforced Plastic (AFRP)


• Polyethylene Terephthalate (PET) Fiber Reinforced Plastic

Fibre Reinforced Plastic Pipes Market Manufacturing Process Outlook

• Centrifugal Casting


• Pultrusion


• Filament Winding


• Hand Lay-up

Fibre Reinforced Plastic Pipes Market Application Outlook

• Oil and Gas


• Water and Wastewater


• Chemical Processing


• Construction


• Marine


• Automotive

Fibre Reinforced Plastic Pipes Market Pressure Rating Outlook

• Low Pressure


• Medium Pressure


• High Pressure

Fibre Reinforced Plastic Pipes Market Diameter Outlook

• Small Diameter (less than 50 mm)


• Medium Diameter (50-150 mm)


• Large Diameter (over 150 mm)

Fibre Reinforced Plastic Pipes Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa