The global Glassfiber Reinforced Epoxy Pipe Market has exhibited remarkable growth, reaching a value of USD 1867.5 million in 2022. This growth trajectory is set to continue, with a projected market size of USD 2674.3 million by 2029, reflecting a strong Compound Annual Growth Rate (CAGR) of 5.3% during the review period. The estimations take into account the impact of both the COVID-19 pandemic and the Russia-Ukraine War.
Over the past five years, the GRE pipes and fittings market has seen substantial growth, largely fueled by the oil & gas industry’s continuous efforts to streamline costs. Glass reinforced epoxy pipes offer advantages such as lower weight and reduced maintenance costs compared to seamless steel pipes, driving their adoption.
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Comprehensive Market Analysis
This report offers a detailed and comprehensive analysis of the global Glassfiber Reinforced Epoxy Pipe market. It covers both quantitative and qualitative aspects, presenting insights on manufacturers, regions, countries, types, and applications. Given the ever-changing nature of the market, the report delves into factors such as competition, supply and demand trends, and key drivers influencing market dynamics across various regions. Additionally, the report includes company profiles and product examples of selected competitors, along with market share estimates for key industry leaders for the year 2023.
- Global Glassfiber Reinforced Epoxy Pipe market size and forecasts for consumption value ($ Million), sales quantity (K Meters), and average selling prices (US$/Meter) for the years 2018-2029.
- Regional and country-specific market size and forecasts for consumption value, sales quantity, and average selling prices for the same period.
- Analysis of market size and forecasts by Type and Application in terms of consumption value, sales quantity, and average selling prices for 2018-2029.
- Market shares of major players, shipments in revenue ($ Million), sales quantity (K Meters), and ASP (US$/Meter) for 2018-2023.
Primary Objectives in This Report:
- Determine the total market opportunity size globally and in key countries.
- Assess the growth potential for Glassfiber Reinforced Epoxy Pipe.
- Forecast future growth in each product and end-use market.
- Evaluate competitive factors affecting the marketplace.
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The Glassfiber Reinforced Epoxy Pipe market is segmented by Type and Application for the period 2018-2029. This segmentation provides precise calculations and forecasts for consumption value by Type and Application in terms of volume and value, enabling businesses to effectively target niche markets.
Market segment by Type:
- Standard GRE Pipe
- High-Pressure GRE Pipe
Market segment by Application:
- Oil & Gas
- Ship and Marine
- Future Pipe Industries(FPI)
- National Oilwell Varco(NOV)
- Shandong Ocean Pipe
- Advanced Piping Solutions
- Lianyungang Zhongfu
- Abu Dhabi Pipe Factory
- Chemical Process Piping(CPP)
Regional Analysis Covers:
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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