Glass Fiber Reinforced Plastic (GRP) Piping Systems Market Size, Share & Trends Analysis Report By Material (Polyester, Vinylester, Epoxy), By Product (Pipes, Blinds, Elbows), And Segment Forecasts, 2019 - 2025

Published: Feb, 2019 | Pages: 93 | Publisher: Grand View Research
Industry: Construction | Report Format: Electronic (PDF)

The global glass fiber reinforced plastics piping systems market size is expected to reach USD 2.60 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 5.5% during the forecast period. Rising demand for exploration and production of hydrocarbons is expected to propel the demand for GRP piping systems over the forecast period.

GRP pipes, fittings and tanks with high strength, durability, and anti-corrosion properties aid in the protection of onshore and offshore ships and vessels from corrosion, thereby driving the product demand from oil and gas industry. Furthermore, corrosion of metal pipes in water and wastewater treatment plants, oil and gas exploration and production is a key factor promoting demand.

The increasing penetration of GRP piping systems in sectors including water and wastewater treatment, power generation, sewage and drainage systems, aerospace, and fire protection is expected to aid market growth. In addition, rising industrial and commercial construction has resulted in boosting demand for GRP piping systems in the construction sector owing to its superior build quality as compared to its counterparts.

Industry participants are focusing on the R&D related to the use of advanced polymers for improving the durability, strength, and temperature and pressure resistance. However, fluctuating raw material prices may pose a significant threat for the manufacturers over the forecast period.

Further key findings from the report suggest:

• Epoxy resins accounted for 51.9% of the revenue share in 2017 owing to its use in manufacturing GRP pipes and fittings to impart enhanced fire retardant and structural integrity properties

• Vinylester resin is expected to witness the significant growth in terms of revenue at a CAGR of 5.4% on account of its application on the inner linings of the pipes for providing enhanced abrasion and chemical resistance properties

• The consumption of the product in elbows is expected to expand at a CAGR of 5.9% in terms of revenue from 2018 to 2025 on account of its high load bearing capacity and chemical resistance, which aids its installation in oil refineries for fluid or gas flow diversion

• Asia Pacific accounted for 20.8% of global market share in terms of revenue in 2017 owing to increasing support for strong infrastructure projects and government reforms in the region for meeting the growing energy demand

• Major players in the Glass Reinforced Plastics (GRP) piping systems market are involved in distributing their products through varied distribution channels including direct supply agreements, vendors, wholesalers and distributors; to obtain a competitive edge in the market

Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
1.4. List of Abbreviations

Chapter 2. Executive Summary
2.1. Market snapshot

Chapter 3. Market Variables, Trends & Scope
3.1. Market Segmentation
3.2. GRP Piping systems Market - Penetration and Growth Prospect Mapping
3.3. Raw Material Analysis
3.4. Value Chain Analysis
3.5. Regulatory Framework
3.6. Technology framework
3.6.1. Centrifugal casting
3.6.2. Continuous filament winding
3.6.3. Helically filament wound pipes
3.6.4. Hoop filament wound pipes
3.7. Market Dynamics
3.7.1. Market Driver Analysis
3.7.1.1. Rising global hydrocarbon E & P
3.7.1.2. Increasing acceptance of GRP piping systems in onshore and offshore oilfields
3.7.2. Market restraint Analysis
3.7.2.1. Raw material price volatility
3.8. Industry Analysis - Porter's
3.9. PESTLE Analysis
3.10. Total ownership cost model
3.10.1. Product life cycle cost

Chapter 4. GRP Piping systems Market: Material Estimates & Trend Analysis
4.1. GRP Piping systems market: Material Movement Analysis, 2017 & 2025
4.2. Polyester
4.2.1. Market estimates and forecasts, 2013 - 2025 (USD Million)
4.3. Vinylester
4.3.1. Market estimates and forecasts, 2013 - 2025 (USD Million)
4.4. Epoxy
4.4.1. Market estimates and forecasts, 2013 - 2025 (USD Million)

Chapter 5. GRP Piping systems Market: Product Estimates & Trend Analysis
5.1. GRP Piping systems market: Product Movement Analysis, 2017 & 2025
5.2. Pipes
5.2.1. GRP pipes market estimates and forecasts, 2013 - 2025 (USD Million)
5.3. Blinds
5.3.1. GRP blinds market estimates and forecasts, 2013 - 2025 (USD Million)
5.4. Elbows
5.4.1. GRP elbows market estimates and forecasts, 2013 - 2025 (USD Million)
5.5. Nozzles
5.5.1. GRP nozzles market estimates and forecasts, 2013 - 2025 (USD Million)
5.6. Reducers
5.6.1. GRP reducers market estimates and forecasts, 2013 - 2025 (USD Million)
5.7. Tees
5.7.1. GRP tees market estimates and forecasts, 2013 - 2025 (USD Million)

Chapter 6. GRP Piping systems Market: Regional Estimates & Trend Analysis
6.1. Regional Movement Analysis & Market Share, 2017 & 2025
6.1.1. North America
6.1.1.1. Market estimates and forecasts, 2013 - 2025 (USD Million)
6.1.1.2. Market estimates and forecasts, by material (USD Million)
6.1.1.3. Market estimates and forecasts, by product (USD Million)
6.1.1.4. U.S.
6.1.1.4.1. Market estimates and forecasts, 2013 - 2025 (USD Million)
6.1.1.4.2. Market estimates and forecasts, by material (USD Million)
6.1.1.4.3. Market estimates and forecasts, by product (USD Million)
6.1.2. Europe
6.1.2.1. Market estimates and forecasts, 2013 - 2025 (USD Million)
6.1.2.2. Market estimates and forecasts, by material (USD Million)
6.1.2.3. Market estimates and forecasts, by product (USD Million)
6.1.2.4. Germany
6.1.2.4.1. Market estimates and forecasts, 2013 - 2025 (USD Million)
6.1.2.4.2. Market estimates and forecasts, by material (USD Million)
6.1.2.4.3. Market estimates and forecasts, by product (USD Million)
6.1.2.5. U.K.
6.1.2.5.1. Market estimates and forecasts, 2013 - 2025 (USD Million)
6.1.2.5.2. Market estimates and forecasts, by material (USD Million)
6.1.2.5.3. Market estimates and forecasts, by product (USD Million)
6.1.2.6. Russia
6.1.2.6.1. Market estimates and forecasts, 2013 - 2025 (USD Million)
6.1.2.6.2. Market estimates and forecasts, by material (USD Million)
6.1.2.6.3. Market estimates and forecasts, by product (USD Million)
6.1.3. Asia Pacific
6.1.3.1. Market estimates and forecasts, 2013 - 2025 (USD Million)
6.1.3.2. Market estimates and forecasts, by material (USD Million)
6.1.3.3. Market estimates and forecasts, by product (USD Million)
6.1.3.4. China
6.1.3.4.1. Market estimates and forecasts, 2013 - 2025 (USD Million)
6.1.3.4.2. Market estimates and forecasts, by material (USD Million)
6.1.3.4.3. Market estimates and forecasts, by product (USD Million)
6.1.3.5. India
6.1.3.5.1. Market estimates and forecasts, 2013 - 2025 (USD Million)
6.1.3.5.2. Market estimates and forecasts, by material (USD Million)
6.1.3.5.3. Market estimates and forecasts, by product (USD Million)
6.1.3.6. Japan
6.1.3.6.1. Market estimates and forecasts, 2013 - 2025 (USD Million)
6.1.3.6.2. Market estimates and forecasts, by material (USD Million)
6.1.3.6.3. Market estimates and forecasts, by product (USD Million)
6.1.4. Central & South America
6.1.4.1. Market estimates and forecasts, 2013 - 2025 (USD Million)
6.1.4.2. Market estimates and forecasts, by material (USD Million)
6.1.4.3. Market estimates and forecasts, by product (USD Million)
6.1.4.4. Brazil
6.1.4.4.1. Market estimates and forecasts, 2013 - 2025 (USD Million)
6.1.4.4.2. Market estimates and forecasts, by material (USD Million)
6.1.4.4.3. Market estimates and forecasts, by product (USD Million)
6.1.5. Middle East & Africa
6.1.5.1. Market estimates and forecasts, 2013 - 2025 (USD Million)
6.1.5.2. Market estimates and forecasts, by material (USD Million)
6.1.5.3. Market estimates and forecasts, by product (USD Million)

Chapter 7. Competitive Landscape
7.1. Vendor Landscape
7.2. Competitive Environment
7.3. Competitive Market Positioning
7.4. Strategy Framework
7.5. Heat Map Analysis
7.6. Supply Analysis
7.6.1. List of Major Suppliers, By Region
7.6.1.1. North America
7.6.1.2. Europe
7.6.1.3. Asia Pacific
7.6.1.4. Central & South America
7.6.1.5. Middle East & Africa
7.6.1.6. Distribution analysis

Chapter 8. Company Profiles
8.1. Plasticon Composites
8.1.1. Company overview
8.1.2. Product benchmarking
8.2. STEULER-KCH GmbH
8.2.1. Company overview
8.2.2. Product benchmarking
8.2.3. Strategic initiatives
8.3. HOBAS
8.3.1. Company overview
8.3.2. Product benchmarking
8.3.3. Strategic initiatives
8.4. 8.4 Protecciones Plásticas S.A. (Protesa)
8.4.1. Company overview
8.4.2. Product benchmarking
8.5. Saudi Arabian Amiantit Co.
8.5.1. Company overview
8.5.2. Product benchmarking
8.6. PPG Industries, Inc.
8.6.1. Company overview
8.6.2. Financial performance
8.6.3. Product benchmarking
8.6.4. Strategic initiatives
8.7. FIBREX
8.7.1. Company overview
8.7.2. Product benchmarking
8.8. Abu Dhabi Pipe Factory (ADPF)
8.8.1. Company overview
8.8.2. Product benchmarking
8.9. Hedley Industrial Group
8.9.1. Company overview
8.9.2. Product benchmarking
8.10. Hengrun Group Co., Ltd.
8.10.1. Company overview
8.10.2. Product benchmarking

List of Tables

Table 1 List of Abbreviation
Table 2 GRP Piping systems market revenue, for polyester, 2013 - 2025 (USD Million)
Table 3 GRP Piping systems market revenue, for vinylester, 2013 - 2025 (USD Million)
Table 4 GRP Piping systems market revenue, for epoxy, 2013 - 2025 (USD Million)
Table 5 GRP Piping systems market revenue, for pipes, 2013 - 2025 (USD Million)
Table 6 GRP Piping systems market revenue, for blinds, 2013 - 2025 (USD Million)
Table 7 GRP Piping systems market revenue, for elbows, 2013 - 2025 (USD Million)
Table 8 GRP Piping systems market revenue, for nozzles, 2013 - 2025 (USD Million)
Table 9 GRP Piping systems market revenue, for reducers, 2013 - 2025 (USD Million)
Table 10 GRP Piping systems market revenue, for tees, 2013 - 2025 (USD Million)
Table 11 North America GRP piping systems market revenue, 2013 - 2025 (USD Million)
Table 12 North America GRP piping systems market revenue by material, 2013 - 2025 (USD Million)
Table 13 North America GRP piping systems market revenue by product, 2013 - 2025 (USD Million)
Table 14 U.S. GRP piping systems market revenue, 2013 - 2025 (USD Million)
Table 15 U.S. GRP piping systems market revenue by material, 2013 - 2025 (USD Million)
Table 16 U.S. GRP piping systems market revenue by product, 2013 - 2025 (USD Million)
Table 17 Europe GRP piping systems market revenue, 2013 - 2025 (USD Million)
Table 18 Europe GRP piping systems market revenue by material, 2013 - 2025 (USD Million)
Table 19 Europe GRP piping systems market revenue by product, 2013 - 2025 (USD Million)
Table 20 Germany GRP piping systems market revenue, 2013 - 2025 (USD Million)
Table 21 Germany GRP piping systems market revenue by material, 2013 - 2025 (USD Million)
Table 22 Germany GRP piping systems market revenue by product, 2013 - 2025 (USD Million)
Table 23 U.K. GRP piping systems market revenue, 2013 - 2025 (USD Million)
Table 24 U.K. GRP piping systems market revenue by material, 2013 - 2025 (USD Million)
Table 25 U.K. GRP piping systems market revenue by product, 2013 - 2025 (USD Million)
Table 26 Russia GRP piping systems market revenue, 2013 - 2025 (USD Million)
Table 27 Russia GRP piping systems market revenue by material, 2013 - 2025 (USD Million)
Table 28 Russia GRP piping systems market revenue by product, 2013 - 2025 (USD Million)
Table 29 Asia Pacific GRP piping systems market revenue, 2013 - 2025 (USD Million)
Table 30 Asia Pacific GRP piping systems market revenue by material, 2013 - 2025 (USD Million)
Table 31 Asia Pacific GRP piping systems market revenue by product, 2013 - 2025 (USD Million)
Table 32 China GRP piping systems market revenue, 2013 - 2025 (USD Million)
Table 33 China GRP piping systems market revenue by material, 2013 - 2025 (USD Million)
Table 34 China GRP piping systems market revenue by product, 2013 - 2025 (USD Million)
Table 35 India GRP piping systems market revenue, 2013 - 2025 (USD Million)
Table 36 India GRP piping systems market revenue by material, 2013 - 2025 (USD Million)
Table 37 India GRP piping systems market revenue by product, 2013 - 2025 (USD Million)
Table 38 Japan GRP piping systems market revenue, 2013 - 2025 (USD Million)
Table 39 Japan GRP piping systems market revenue by material, 2013 - 2025 (USD Million)
Table 40 Japan GRP piping systems market revenue by product, 2013 - 2025 (USD Million)
Table 41 Central & South America GRP piping systems market revenue, 2013 - 2025 (USD Million)
Table 42 Central & South America GRP piping systems market revenue by material, 2013 - 2025 (USD Million)
Table 43 Central & South America GRP piping systems market revenue by product, 2013 - 2025 (USD Million)
Table 44 Brazil GRP piping systems market revenue, 2013 - 2025 (USD Million)
Table 45 Brazil GRP piping systems market revenue by material, 2013 - 2025 (USD Million)
Table 46 Brazil GRP piping systems market revenue by product, 2013 - 2025 (USD Million)
Table 47 Middle East & Africa GRP piping systems market revenue, 2013 - 2025 (USD Million)
Table 48 Middle East & Africa GRP piping systems market revenue by material, 2013 - 2025 (USD Million)
Table 49 Middle East & Africa GRP piping systems market revenue by product, 2013 - 2025 (USD Million)
Table 50 GRP Piping systems Market - Heat map analysis

List of Figures

Fig. 1 GRP Piping systems Market - Market snapshot
Fig. 2 GRP Piping systems market segmentation
Fig. 3 GRP Piping systems market revenue, 2013 - 2025 (USD Million)
Fig. 4 Glass Fiber Reinforced Plastics (GRP) Piping systems market - Value chain analysis
Fig. 5 Glass Fiber Reinforced Plastics (GRP) Piping systems market dynamics
Fig. 6 Glass Fiber Reinforced Plastics (GRP) Piping systems market driver impact
Fig. 7 Global crude oil production, 2012 - 2017 (thousand barrels/day)
Fig. 8 Global natural gas production by region, billion cubic feet per day (bcf/day), 2012 - 2017
Fig. 9 Glass Fiber Reinforced Plastics (GRP) Piping systems market driver impact
Fig. 10 GRP Piping systems market - Porter's Analysis
Fig. 11 GRP Piping systems market - PESTLE Analysis
Fig. 12 GRP Piping systems market - Total ownership cost model
Fig. 13 GRP Piping systems market: Material movement analysis, 2017 & 2025
Fig. 14 GRP Piping systems market: Product movement analysis, 2017 & 2025
Fig. 15 GRP Piping systems regional market: Key takeaways
Fig. 16 GRP Piping systems market: Regional movement analysis, 2017 & 2025
Fig. 17 Glass Fiber Reinforced Plastics (GRP) Piping systems market - Strategy Framework