Global FRP Pipe Industry: Key Statistics and Insights in 2025-2033
Summary:
- The global FRP pipe market size reached USD 4.35 Billion in 2024.
- The market is expected to reach USD 5.94 Billion by 2033, exhibiting a growth rate (CAGR) of 3.51% during 2025-2033.
- Asia Pacific leads the market, accounting for the largest FRP pipe market share.
- Glass-reinforced epoxy holds the majority of the market share in the type segment, as they are highly suitable for demanding applications in sectors like oil and gas and water treatment.
- Filament winding exhibits a clear dominance in the FRP pipe industry.
- Based on the application, the market has been divided into water and wastewater, chemical and industrial, oil and gas, power generation, and others.
- The rising number of renewable energy initiatives is a primary driver of the FRP pipe market.
- The increasing infrastructure development and corrosion resistance are reshaping the FRP pipe market.
Industry Trends and Drivers:
- Corrosion resistance:
FRP pipes resist corrosion from chemicals, saltwater, and harsh substances. Unlike steel or concrete, they don't degrade over time. This means they need fewer replacements or repairs, cutting long-term costs. Industries like water treatment, oil and gas, and chemicals find this very appealing. Their environments are corrosive. Traditional pipes face aggressive chemicals, acids, alkalis, and high salinity. Corrosion leads to leaks, downtime, and safety issues. This poses risks to the environment and workers. FRP pipes offer a reliable solution, reducing failure and contamination risks.
- Growing infrastructure development:
Countries are upgrading their water systems to support growing cities. This increases the need for reliable, corrosion-resistant pipes. FRP pipes are durable and perfect for transporting water, sewage, and other fluids. They are now the top choice for water projects in cities and industries. The global demand for oil and gas is also rising. This drives big investments in pipeline infrastructure for extraction and distribution. FRP pipes are ideal for these needs, especially in corrosive or high-pressure situations. They are lightweight, affordable, and can endure tough conditions. Thus, they are becoming more popular in oil and gas projects.
- Renewable energy initiatives:
Renewable energy systems, like geothermal and offshore wind farms, face harsh conditions. They are often exposed to chemicals, moisture, and saltwater. FRP pipes are ideal for these systems. They resist corrosion better than metal pipes. This reduces upkeep costs and extends the system's life. So, developers prefer FRP pipes over traditional materials. Moreover, FRP pipes are both lightweight and strong. This makes them perfect for renewable energy projects. In offshore wind farms, their lightness aids in easy transport and installation. The high strength-to-weight ratio of FRP pipes makes them easy to handle. This is a big advantage for large projects in hard-to-reach areas.
Request for a sample copy of this report: https://www.imarcgroup.com/frp-pipe-market/requestsample
FRP Pipe Market Report Segmentation:
Breakup By Type:
- Glass-Reinforced Polyester
- Glass-Reinforced Vinyl Ester
- Glass-Reinforced Epoxy
Glass-reinforced epoxy represents the largest segment as it offers a high strength-to-weight ratio and excellent corrosion resistance.
Breakup By Manufacturing Process:
- Centrifugal Casting
- Filament Winding
- Pultrusion
- Others
Filament winding accounts for the majority of the market share: The Filament Winding process provides consistent quality, cost-effectiveness, and high-strength characteristics, making it ideal for producing FRP pipes in large volumes for industrial applications.
Breakup By Application:
- Water and Wastewater
- Chemical and Industrial
- Oil and Gas
- Power Generation
- Others
Based on the application, the market has been divided into water and wastewater, chemical and industrial, oil and gas, power generation, and others.
Breakup By Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Asia Pacific enjoys the leading position in the FRP pipe market on account of its rapid infrastructure development, industrial expansion, and increasing investments in renewable energy.
Top FRP Pipe Market Leaders:
The FRP pipe market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:
- Augusta Fiberglass
- Enduro Composites
- Ershigs Inc
- Fibrex Fiberglass Pipe
- FRP SYSTEMS
- Hanwei Energy Services Corp.
- HOBAS
- Industrial Plastic Systems
- Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd
- NOV Inc.
- Sarplast
- Saudi Arabian Amiantit Co.
- Shawcor Ltd.
Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
