Glass Reinforced Plastics (GRP) Pipes Market Report 2025

The glass reinforced plastics (GRP) pipes market size has grown strongly in recent years. It will grow from $5.48 billion in 2024 to $5.86 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to market awareness and acceptance, regulatory standards, oil and gas industry demand, infrastructure development, water and wastewater applications.

The glass reinforced plastics (GRP) pipes market size is expected to see strong growth in the next few years. It will grow to $7.68 billion in 2029 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to healthcare infrastructure growth, market expansion in developing region, renewable energy infrastructure, urbanization needs. Major trends in the forecast period include corrosion resistance, sustainable and eco-friendly solutions, advanced manufacturing techniques, smart infrastructure integration, innovation in material development.

The surging demand for oil and natural gas is poised to drive growth within the glass-reinforced plastic pipes market. These energy resources, derived from fossil fuels, play pivotal roles in various industries. Glass-reinforced plastic pipes serve as vital conduits for transporting these resources from extraction sites to refineries. For instance, India Brand Equity Foundation (IBEF) forecasts India's oil demand to double, reaching 11 million barrels per day by 2045. Thus, the escalating need for oil and natural gas fuels the expansion of the glass-reinforced plastic pipe market.

The escalating need for energy and water resources, driven by population growth and industrialization, is a significant driver for the glass-reinforced plastic (GRP) pipe market. GRP pipes, valued for their strength and stiffness, find extensive use in industrial applications. The increasing demand for energy and water resources is forecasted to surge, with a United Nations report projecting a 60% rise in renewable energy demand by 2030 and a 50% increase in global energy consumption by 2035. Consequently, this surge will fuel the demand for glass-reinforced plastic (GRP) pipes.

Major companies in the glass-reinforced plastic (GRP) pipes market are increasingly adopting strategic partnerships to enhance their product offerings and improve supply chain efficiencies. Strategic partnerships involve collaborative agreements between two or more companies to achieve specific objectives while remaining independent entities. These alliances aim to enhance the accessibility of biogas technology and increase the efficiency of constructing and operating biogas plants. For instance, in November 2023, Antec, Inc., a US-based company, entered into a partnership with AMIBLU Holding GmbH, an Austria-based manufacturer of glass-reinforced plastic pipes. This collaboration enables Antec to benefit from a more efficient supply chain, which is essential for producing digesters more quickly and cost-effectively, thereby significantly reducing the time and resources required for plant construction.

Major companies within the glass-reinforced plastic (GRP) pipes market are directing their efforts toward developing GRP pipes specifically designed for wastewater treatment. GRP pipes are integral to wastewater management projects, including sewer systems and industrial wastewater transport, owing to their resistance to corrosion and chemical degradation. For instance, Superlit, a Turkey-based manufacturer, introduced UPERLIT GRP composite pipes for the Zigana Tunnel project in Turkey in May 2023. These pipes feature a smooth internal surface that reduces cross-sectional area for ventilation compared to traditional lining methods. Additionally, their superior mechanical qualities and lightweight structure facilitate swift and secure installations.

In September 2023, Wietersdorfer Group, an Austrian construction and manufacturing conglomerate, finalized the acquisition of O-tek Internacional, a Colombian company renowned for its expertise in manufacturing glass reinforced plastics (GRP) pipes. The specific financial details of this acquisition remain undisclosed. This strategic move by Wietersdorfer Group aims to broaden its range of offerings by integrating the production of glass fiber reinforced plastic (GRP) pipes into its portfolio. O-tek Internacional's proficiency in crafting GRP pipes adds a significant dimension to Wietersdorfer's product line, strengthening its presence and capabilities within the construction and manufacturing sectors.

Major companies operating in the glass reinforced plastics (GRP) pipes market are Amiblu Holding GmbH, Composite Pipes Industry, Enduro Composites Inc., Fibrex Corporation, Future Pipe Industries, Advanced Composites Inc., Reliance Industries Ltd., Nippon Electric Glass Co. Ltd., Mitsubishi Chemical Corporation, Aegion Corporation, Toray Industries Inc., Asahi Fibreglass Company, Jushi Group Co. Ltd., Taishan Fiberglass Inc., AGY Holding Corp, China Beihai Fiberglass Co. Ltd., Chongqing Polycomp International Corp., Fiber-Tech Industries Inc., Fiberglass Coatings Inc., Fibrelite Composite Structures Ltd., Glasforms Inc., Glasteel Inc., Hanwha Advanced Materials Corporation, Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd.

Asia-Pacific was the largest region in the glass reinforced plastics market in 2024. The regions covered in the glass reinforced plastics (grp) pipes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the glass reinforced plastics (grp) pipes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Glass-reinforced plastic (GRP) pipes represent a composite pipe variant comprising a thermosetting resin matrix and reinforced glass fibers. This amalgamation imparts strength and rigidity to the pipes, with the matrix serving to shield the fibers from potential damage. GRP pipes find extensive application in diverse sectors like sewer systems, drainage networks, potable water lines, and industrial pipe systems.

The primary resin types used in Glass-reinforced plastic (GRP) pipes encompass epoxy, polyester, vinyl ester, among others. Epoxy, a crucial material in pipe manufacturing, is employed for its role in creating durable pipes. These pipes are specifically utilized in the chemical, oil, and gas industries for fluid transportation purposes. Epoxy resin, a polymer with reactive prepolymer containing epoxide groups, is pivotal in various applications, including water treatment, sewage piping, chemical processing, oil and gas transportation, pumping systems, marine and offshore operations, alongside other multifaceted applications. Such pipes cater to a broad spectrum of industries, including chemical, oil and gas, construction, wastewater management, and other specialized domains.

The glass reinforced plastics (GRP) pipes market research report is one of a series of new reports that provides glass reinforced plastics (GRP) pipes market statistics, including glass reinforced plastics (GRP) pipes industry global market size, regional shares, competitors with an glass reinforced plastics (GRP) pipes market share, detailed glass reinforced plastics (GRP) pipes market segments, market trends and opportunities, and any further data you may need to thrive in the glass reinforced plastics (GRP) pipes industry. This glass reinforced plastics (GRP) pipes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The glass-reinforced plastic pipe market consists of sales of glass fiber reinforced unsaturated polyester and phenolic resin. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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