Lucintel’s latest market report analyzed that North American FRP pipe provides attractive opportunities in the oil and gas, chemical, sewer gravity, retail fuel, and portable water market. The North American FRP pipe market is expected to reach $0.7 billion by 2025 with a CAGR of 2.2%. In this market, an epoxy composite is the largest segment by resin type, whereas small diameter is largest by diameter type. The introduction of onsite FRP pipe manufacturing facilities and development of grooved coupling method of join FRP pipe provides strategic growth path in this market.
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Based on resin type, the North American FRP pipe market is segmented into epoxy composites, polyester composites, and vinyl ester composites. The epoxy composites segment is accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period.
Browse in-depth TOC on “North American FRP Pipe Market”
42 – Tables
87 – Figures
124 – Pages
The North American FRP pipe market is marked by the presence of several big and small players. Some of the prominent players offering North American FRP pipe include National Oilwell Varco, Hobas Pipe USA and Future Pipe Industries and others.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link email@example.com.
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