GRP Pipe Market Size Worth $2.1 Billion By 2025

1. GRP Pipe Market Size Worth $2.1 Billion By 2025 “The global GRP pipes market size is estimated to reach USD 2.1 billion by 2025 and is projected to grow at a CAGR of 3.7% during the forecast period 2019 to 2025. Glass fiber reinforced plastic (GRP) pipes are reliable and lightweight in nature. These pipes also provide superior strength and corrosion resistance. Thus, these pipes are highly used for wastewater transportation.” The global GRP pipes market size is estimated to reach USD 2.1 billion by 2025 and is projected to grow at a CAGR of 3.7% during the forecast period 2019 to 2025, according to a new report by Million Insights. Glass fiber reinforced plastic (GRP) pipes are reliable and lightweight in nature. These pipes also provide superior strength and corrosion resistance. Thus, these pipes are highly used for wastewater transportation. Stiff regulations regarding wastewater management and treatment are projected to foster market growth. Moreover, GRP pipes are very flexible and easy to install. Additionally, these pipes have fewer joints and are suitable for long distances. All these benefits are anticipated to bolster the demand for GRP pipes in the next few years. Government authorities across the developing countries are adopting stringent regulations for water management which are projected to surge the market growth. Furthermore, increasing demand for the products from the industrial sector for water treatment is expected to positively impact on GRP pipe market growth. In addition, these pipes are highly used in hydropower and desalination plants. Furthermore, increasing investments into industries for transportation and other end-users is projected to spur market growth. Key players in the market are focusing on R&D activities for improved anti-corrosion and high-temperature capabilities. This trend is expected to propel the product demand in the next few years. Enhanced quality product is found to be a key factor for GRP pipes. Key manufacturers in the market include Amiblu Group, Abu Dhabi Pipe factory, Hengrun Group Co, Graphite India limited, and Saudi Arabian Amiantit Co. among others. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-glass-fiber-reinforced-plastic-grp-pipe-market/request-sample

2. Further key findings from the report suggest: • In irrigation application, GRP pipes are anticipated to grow at the CAGR of 6.1% in Indian market during the forecast period, 2019 to 2025. • In 2018, sewage treatment application segment contributed to market share of over 27.0% in the overall market, mainly due to its high reliability provided by the GRP pipes. • Asia Pacific is projected to grow at the highest CAGR, owing to industrial development across the countries like India and China. • Europe is expected to grow at a significant rate of CAGR due to presence of established water treatment facilities. • Several players in the market focus on increasing its operations through technical services pipe installation measures. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-glass-fiber-reinforced-plastic-grp-pipe-market Million Insights has segmented the global GRP pipe market based on application and region: GRP Pipe Application Outlook (Revenue, USD Million, 2014 - 2025) • Oil & Gas • Chemicals • Sewage • Irrigation • Others GRP Pipe Regional Outlook (Revenue, USD Million, 2014 - 2025) • North America • U.S. • Canada • Mexico • Europe • U.K. • Germany • France • Spain • Italy • Russia • Asia Pacific • China • Japan

3. • India • South Korea • Singapore • Australia • Central & South America • Brazil • Argentina • Middle East & Africa • Saudi Arabia • United Arab Emirates See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/chemicals-and-materials Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184