The FRP Pipe market is estimated at USD 3,112.6 million in 2015 and is projected to reach USD 3,826.9 million by 2020, at a CAGR of 4.2% between 2015 and 2020. The growth of the FRP Pipe market can be attributed to the growing infrastructural development, increasing focus on easy installation and maintenance of pipes and rising demand for non-corrosive pipes is expected to drive the FRP pipe market in recent future.

The major application of FRP pipe is in sewage applications. Chemical is expected to be the fastest-growing application of the FRP pipe market. FRP pipes find wide applications due to its properties such as high tensile strength, durability, corrosion resistance, chemical stability, easy installation, and cost-effectiveness.

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Large-scale manufacturing of FRP pipe is the major challenge for the growth of FRP pipe market. For FRP pipes fabrication, raw materials are directly obtained from manufacturers. The reason for this direct purchase cycle is that fabrication has to be done in synchronization with the operational requirement of various end-use industries and raw material quality. FRP pipes are customized products that require modification, depending upon the end-use conditions. The modification in the FRP pipes might require changes in the raw material composition and processing condition. Such requirement can be fulfilled only if there is a close co-ordination between the raw material manufacturers and pipe fabricators. This constrain in standardization makes large-scale manufacturing of FRP pipes difficult and contributes to the overall high cost of FRP pipes.

SEWAGE

Sewage is the largest end-use industry of FRP pipe market. Sewage is the term used for wastewater that often contains feces, urine, and other solid waste.

OIL & GAS

Oil & gas is one of the world’s largest and capital intensive industries. In terms of value, oil & gas exports account for more than 15% of total global exports.

CHEMICAL

Corrosion is a major problem and expense for the chemical end-use industry, as the pipelines carry toxic fluids most of the time. FRP pipes help to minimize these problems, primarily because they do not corrode like steel pipes.

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The important FRP pipe manufacturers include ZCL (Canada), Balaji fiber reinforced (India), Future pipe (UAE), NOV pipe (U.S.), Ashland (U.S.), Chemical Process Piping Pvt Ltd (Singapore), lzfrp (China), Amiantit Company (Saudi Arabia), Hobas (U.S.) and Graphite India (India). These key players offer a wide range of FRP Pipe to strengthen their competitive positions and cater to the growing demand for FRP Pipe from the sewage, chemical and oil & gas applications.

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