FRP 파이프 시장 : 유형별, 제조 프로세스별, 용도별, 지역별(2025-2033년)

The global FRP pipe market size reached USD 4.35 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.94 Billion by 2033, exhibiting a growth rate (CAGR) of 3.51% during 2025-2033. The increasing demand for lightweight, corrosion-resistant material in several industries, the rising need for durable piping solutions in oil and gas, water and wastewater, and chemical sectors, growing environmental regulations, and rising infrastructure development are some of the major factors propelling the growth of the market.

FRP Pipe Market Analysis:

• Major Market Drivers: The rising demand for lightweight, durable, and corrosion-resistant piping solutions across various industries such as oil & gas chemical processing, and water & wastewater management represent the major driver of the market. the growing infrastructure development and modernization efforts globally are increasing the adoption of FRP pipes which offer superior performance compared to traditional material.
• Key Market Trends: The increasing focus on research and development (R&D) to enhance the properties and performance of FRP pipes represents the key trends in the market. Innovations in resin formulations and manufacturing processes are leading to more efficient and cost-effective products. The market is also witnessing a shift towards customized solutions tailored to specific industry requirements.
• Geographical Trends: Asia Pacific accounts for the largest region in the FRP pipe market growth. Rapid industrialization, increasing demand for lightweight, corrosion-resistant material in sectors such as oil and gas, water and wastewater, and chemical processing, and extensive infrastructure development are driving the growth of the market across the Asia Pacific region.
• Competitive Landscape: Some of the major market players in the FRP pipe industry include 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., among many others.
• Challenges and Opportunities: The market faces several challenges such as high initial costs compared to traditional materials, limited awareness about its benefits, and technical complexities in installation and maintenance. However, the market also faces various opportunities including increasing demand for durable, corrosion-resistant piping solutions in various industries and innovations in manufacturing processes and material formulations.

FRP Pipe Market Trends:

Corrosion Resistance and Durability

FRP pipes offer superior resistance to corrosion and chemicals, making them ideal for use in harsh environments such as chemical processing, oil & gas, and wastewater management, thereby extending the lifespan of the infrastructure. According to IFC, India's chemical and petrochemical (CPC) industry holds a significant position in the world market, worth 178 billion USD, and it is expected to grow to about 300 billion USD by 2025. According to Enerdata, in 2022, global crude oil production increased by a record 5.4% rate, much above its 2021 growth (+1.6%) and its 2010-2019 average (+1.3%/year), in a context of global economic growth and progressive OPEC+ crude oil production adjustment (+0.4 mb/d each month until phasing out the 5.8 mb/d production adjustment). This is expected to fuel the FRP pipes market statistics significantly.

Growing Demand for Water and Wastewater Treatment

FRP pipes are widely used in conveying potable water, sewage, and industrial effluents. This, along with its extensive utilization in desalination plants is further driving the demand for FRP pipes. According to the data from the International Trade Administration, various governmental initiatives, such as the Atal Mission for Rejuvenation and Urban Transformation, National Mission for Clean Ganga, Jal Jeevan Mission, and Community Drinking Water Schemes, contribute to the growth of the Indian water and wastewater treatment market. The Indian government created the Jal Shakti Ministry, bringing all water-related agencies under one ministry to provide safe drinking water to the people of India. Soon after it was founded, the Jal Shakti Ministry launched the Jal Jeevan Mission, designed to provide piped drinking water to 146 million households in 700,000 villages by 2024. Such initiatives are facilitating the application of FRP pipes, thereby contributing to the market growth.

Rising Environmental and Regulatory Concerns

The increasing environmental awareness and stringent regulations promoting the use of sustainable and eco-friendly materials are driving the adoption of FRP pipes in various industries, supporting market growth. For instance, in May 2024, BASF, the world's leading chemical company, is committed to a sustainable future and has set itself the ambitious goal of reducing its Scope 3.1 emissions by 15% across its entire portfolio by 2030 and achieving net zero by 2050. This is only possible by procuring raw materials with reliable PCF (Product Carbon Footprint) primary data and raw materials with a reduced PCF. One of the first steps is the partial use of glass fibers from sustainable production in BASF's Ultramid(R) A & B compound portfolio. These glass fibers are produced by 3B Fibreglass, a leading company and supplier of glass fiber solutions for the reinforcement of thermoplastic and thermoset polymers. To reduce its carbon footprint, it uses green electricity in production.

FRP Pipe Market Segmentation:

Breakup by Type:

• Glass-Reinforced Polyester
• Glass-Reinforced Vinyl Ester
• Glass-Reinforced Epoxy

Glass-reinforced epoxy accounts for the majority of the market share

The demand for glass-reinforced epoxy (GRE) FRP pipes is driven by their exceptional mechanical strength and corrosion resistance, making them ideal for harsh environments in industries like oil and gas, chemicals, and marine applications. GRE pipes are lightweight yet robust, facilitating easier transportation and installation. Their low maintenance requirements and long service life reduce operational costs. Additionally, GRE pipes can withstand high pressures and temperatures, enhancing their suitability for demanding applications. The growing focus on durable and cost-effective piping solutions further propels the demand for GRE FRP pipes.

Breakup by Manufacturing Process:

• Centrifugal Casting
• Filament Winding
• Pultrusion
• Others

Filament winding holds the largest share of the industry

The demand for FRP pipes in the filament winding manufacturing process is influenced by their superior strength-to-weight ratio, making them ideal for high-pressure applications. The precision and consistency of the filament winding technique ensure high-quality and uniform pipe production. FRP pipes' resistance to corrosion and chemical attack makes them suitable for harsh environments in industries like oil and gas, chemicals, and water treatment. The filament winding process allows for customized designs and dimensions, meeting specific project requirements and enhancing their appeal in various industrial applications.

Breakup by Application:

• Water and Wastewater
• Chemical and Industrial
• Oil and Gas
• Power Generation
• Others

The demand for FRP pipes in water and wastewater sectors is driven by their corrosion resistance, lightweight nature, and durability. These pipes are ideal for transporting potable water and sewage, and they are increasingly used in desalination plants due to their long service life and low maintenance needs.

In chemical and industrial sectors, FRP pipes are favored for their ability to withstand highly corrosive environments and chemical exposures. Their non-reactive nature ensures safe transport of aggressive chemicals and waste products, enhancing operational safety and reducing downtime and repair costs in harsh industrial processes.

FRP pipes are in demand in the oil and gas industry for their high strength-to-weight ratio, corrosion resistance, and ability to handle extreme temperatures and pressures. They are used in transporting crude oil, natural gas, and refined products, as well as in offshore platforms and subsea pipelines, enhancing efficiency and safety.

In power generation, FRP pipes are crucial for cooling water systems, flue gas desulfurization, and chemical feed lines. Their resistance to high temperatures, chemicals, and corrosion makes them ideal for demanding power plant environments, contributing to improved plant reliability, reduced maintenance costs, and extended service life.

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 leads the market, accounting for the largest FRP pipe market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for FRP pipe.

Rapid urbanization, rising industrialization, and growing infrastructure development are influencing the growth of the market across the Asia Pacific region. The increasing demand for corrosion-resistant and durable piping solutions in industries including chemicals, water treatment, and oil and gas are contributing to the market growth in the region. For instance, in May 2022, Altrad announced the proposed acquisition of FRP, a Singapore-based national business, as part of the company's strategy to grow in the Asia Pacific region through an expanded service offering and physical footprint.

Competitive Landscape:

• The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the FRP pipe industry include 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.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

• The competitive landscape of the FRP pipe market is highly competitive with major players like Amiantit, Future Pipe Industries, and National Oilwell Varco dominating the industry. These players emphasize innovations, mergers, and expansion to strengthen their market positions. Regional players also contribute significantly, particularly in emerging markets. For instance, in April 2024, Hobas Pipe USA, Inc., North America's leading manufacturer of corrosion-resistant fiberglass pipe products, announced an expansion of its production capabilities with the addition of a second manufacturing line. This expansion, set to be operational by October 1, 2024, increases capacity to meet the escalating demands of the water and wastewater infrastructure sectors.

Key Questions Answered in This Report

• 1.What was the size of the global FRP pipe market in 2024?
• 2.What is the expected growth rate of the global FRP pipe market during 2025-2033?
• 3.What are the key factors driving the global FRP pipe market?
• 4.What has been the impact of COVID-19 on the global FRP pipe market?
• 5.What is the breakup of the global FRP pipe market based on the type?
• 6.What is the breakup of the global FRP pipe market based on the manufacturing process?
• 7.What are the key regions in the global FRP pipe market?
• 8.Who are the key players/companies in the global FRP pipe market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global FRP Pipe Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Type

• 6.1 Glass-Reinforced Polyester
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Glass-Reinforced Vinyl Ester
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Glass-Reinforced Epoxy
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast

7 Market Breakup by Manufacturing Process

• 7.1 Centrifugal Casting
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Filament Winding
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Pultrusion
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Others
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast

8 Market Breakup by Application

• 8.1 Water and Wastewater
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Chemical and Industrial
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Oil and Gas
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Power Generation
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Others
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 Augusta Fiberglass
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
  • 14.3.2 Enduro Composites
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
  • 14.3.3 Ershigs Inc
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
  • 14.3.4 Fibrex Fiberglass Pipe
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
  • 14.3.5 FRP SYSTEMS
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
  • 14.3.6 Hanwei Energy Services Corp.
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
    • 14.3.6.3 Financials
  • 14.3.7 HOBAS
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
  • 14.3.8 Industrial Plastic Systems
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
  • 14.3.9 Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
  • 14.3.10 NOV Inc.
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
    • 14.3.10.3 Financials
    • 14.3.10.4 SWOT Analysis
  • 14.3.11 Sarplast
    • 14.3.11.1 Company Overview
    • 14.3.11.2 Product Portfolio
  • 14.3.12 Saudi Arabian Amiantit Co.
    • 14.3.12.1 Company Overview
    • 14.3.12.2 Product Portfolio
    • 14.3.12.3 Financials
  • 14.3.13 Shawcor Ltd
    • 14.3.13.1 Company Overview
    • 14.3.13.2 Product Portfolio
    • 14.3.13.3 Financials
    • 14.3.13.4 SWOT Analysis