The new report by Expert Market Research titled, 'Global Fiberglass Pipes Market Analysis, Share, Size, Growth, Trends, Report and Forecast 2022-2027', gives an in-depth analysis of the global fiberglass pipes market, assessing the market based on its segments like product, fiber, end-use , and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with Analyzing the market based on the SWOT and Porter's Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

• Historical Market Size (2021): USD 5.4 billion
• Forecast CAGR (2022-2027): 5.30%
• Forecast Market Size (2027): USD 7.4 billion

The physical qualities of fiberglass pipes, which include high tensile strength, increased durability, and exceptional corrosion resistance, have caused a spike in the global demand for them. These advantages make fiberglass pipes an excellent choice for end-uses the oil such as gas industries, contributing to market growth.

These pipes are made up of two or more materials, which provides additional benefits such as the capacity to tolerate extreme temperatures and low electrical modules.

Aside from that, fiberglass pipes are lightweight, which is another feature that encourages expansion because it lowers install transportation expenses. Furthermore, the long-term durability of these pipes results in lower maintenance expenses. As a result, these are some of the drivers driving the market forward.

Industry Definition and Major Segments

Fibreglass pipes are composite materials that combine the qualities of glass fiber, polyester resins, and fillers to create a unique product. Because of its advantageous physical qualities, such as lightweight composition, low maintenance costs, and corrosion resistance, fiberglass of a wide in a variety of end-use sectors.

On the basis of product, the market can be classified into:

• GRE Pipe
• GRP Pipe
• Others

The market, based on fiber, can be categorized into:

• E-glass
• T-glass / S-glass / R-glass
• Others

Based on end use, the market can be segmented into:

• Oil and Gas
• Chemicals
• Sewage
• Irrigation
• Others

The EMR report looks into the regional markets of fiberglass pipes like:

• North America
• Europe
• the Asia Pacific
• Latin America
• the Middle East and Africa

Read Full Report with Table of Contents:   https://www.expertmarketresearch.com/reports/fibreglass-pipes-market

Market Trends

Due to their high tensile strength, low maintenance costs, high-temperature resistance, and lightweight composition, fiberglass pipes are employed in a variety of end-use industries.

The need for fiberglass pipes in sewage applications is growing as the number of construction projects increase around the world as a result of industrialisation, urbanisation, and rising per capital incomes. This is owing to the exceptional corrosion and rust resistance that these pipes provide.

When opposed to other metallic pipes, fiberglass pipes have a smooth inner surface that aids in the free flow of water, expanding its applications in irrigation and sewage systems. Fiberglass pipes are also advantageous for sewage systems in the building industryten in and due to their cost .

Demand for fiberglass pipes is rising as a result of an increase in the number of residential and commercial development projects around the world.

Key Market Players

The major players in the market are Hobas Technology (Amiblu Holding GmbH), Russel Metals Inc., Fibrex Construction Group, Gruppo Sarplast, NOV Inc. and Saudi Arabian Amiantit Co.

The report covers the market shares, capacities, plant turnovers, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us :

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and determined strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customizes syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agricultural and pharmaceutical products,

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership.

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