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GRP (Glass Reinforced Plastic) Piping Market Expected to Grow at a CAGR of 5.0% | Latest Research by The Market Reports

The global GRP (Glass Reinforced Plastic) Piping market was valued at US$ 5626 million in 2020 and it is expected to reach US$ 8161.2 million by the end of 2027, growing at a CAGR of 5.0% during 2021-2027.

Glass Reinforced Plastics (GRP) are a composite consisting of at least two different materials. The benefits of each material are united to achieve an overall effect.

Glass Reinforced Plastic pipes are produced from glass reinforcements that are embedded in cured thermosetting resin. GRP invaded the piping industry due to its corrosion resistance capabilities and have been preferred as alternative to steel and stainless-steel pipes.

Global GRP (Glass Reinforced Plastic) Piping Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global GRP (Glass Reinforced Plastic) Piping Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are Veplas d.d., Enduro Composites, Harwal Group, Graphite India, Saudi Arabian Amiantit Company (SAAC), Sarplast SA, Composite Pipes Industry (CPI), HOBAS, Dubai Pipes Factory, Fibrex, Future Pipe Industries and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at: https://www.themarketreports.com/report/global-grp-glass-reinforced-plastic-piping-market-outlook

Segment by Type

  • Epoxy Piping
  • Polyester Piping
  • Vinyl Ester Piping
  • Others

Segment by Application

  • Oil and Gas
  • Chemicals
  • Irrigation
  • Water Supply
  • Waste Water Treatment
  • Others

Table of Content:

1 GRP (Glass Reinforced Plastic) Piping Market Overview

2 Market Competition by Manufacturers

3 Production and Capacity by Region

4 Global GRP (Glass Reinforced Plastic) Piping Consumption by Region

5 Production, Revenue, Price Trend by Type

6 Consumption Analysis by Application

7 Key Companies Profiled

8 GRP (Glass Reinforced Plastic) Piping Manufacturing Cost Analysis

9 Marketing Channel, Distributors and Customers

10 Market Dynamics

11 Production and Supply Forecast

12 Consumption and Demand Forecast

13 Forecast by Type and by Application (2022-2027)

14 Research Finding and Conclusion

15 Methodology and Data Source

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