복합 파이프 시장 : 제품 유형, 최종사용자, 시공 방법, 보강 유형별 - 세계 예측(2025-2030년)

The Composite Pipe Market was valued at USD 1.09 billion in 2023, expected to reach USD 1.15 billion in 2024, and is projected to grow at a CAGR of 5.41%, to USD 1.58 billion by 2030.

Composite pipes are engineered materials characterized by a combination of different materials to enhance strength, flexibility, and durability for various applications. The necessity for composite pipes is driven by their superior corrosion resistance, lightweight nature, and thermal and electrical insulation properties compared to traditional metal or plastic pipes. These pipes find applications across oil and gas, chemical processing, marine, and construction industries, offering solutions in environments requiring high pressure and corrosive-resistant piping systems. End-use scope is expanding as industries continuously seek efficient and durable alternatives to conventional piping systems, emphasizing efficiency and sustainability.

The composite pipe market is influenced by factors such as growing infrastructure needs, advancements in material sciences, and the push for environmentally friendly solutions. Increasing investments in infrastructure and offshore drilling in emerging economies, along with the favorable regulations promoting composite materials due to their environmental benefits, are key growth drivers. The latest potential opportunities lie in the innovation of smart composite materials integrated with sensors for real-time monitoring and maintenance, which can significantly reduce operational costs and downtime. Companies should focus on forming strategic partnerships and collaborations to enhance research and development capabilities and capitalize on these opportunities.

However, market growth faces challenges such as high initial production costs, technical complexities in manufacturing processes, and competition from traditional pipe manufacturers. Limitations also arise from limited awareness and adoption in some regions, where traditional materials still dominate due to cost-sensitive market segments. Innovations in composite materials focusing on cost-efficient production technologies and improving recycling methods can drive further market penetration.

For business growth, companies should invest in research areas such as developing bio-based composite materials, improving fabrication techniques, and enhancing performance properties like chemical resistance and thermal stability. The market nature is dynamic, with constant technological developments, making it crucial for businesses to stay adaptive and continuously seek innovative solutions to maintain competitiveness.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Composite Pipe Market

The Composite Pipe Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Increasing demand for high-performance materials in the oil and gas industry is driving the adoption of composite pipes
  • Growing emphasis on corrosion-resistant and lightweight piping solutions is contributing to the market growth
  • Expansion of renewable energy projects and the need for durable materials are boosting composite pipe demand
  • Advancements in production technology and the introduction of innovative composite materials are enhancing market uptake
• Market Restraints
  • Lack of standardized manufacturing processes impacts product quality and consistency
  • High production costs stemming from raw material investments and advanced technology requirements limit market expansion
• Market Opportunities
  • Increasing demand for composite pipes in oil and gas industry due to corrosion resistance
  • Growing investments in renewable energy sectors driving the need for advanced composite piping solutions
  • Rise in infrastructure development projects boosting the adoption of composite pipes for water and sewage management
• Market Challenges
  • A challenge for composite pipes: overcoming the impact of raw material price fluctuations on production costs
  • The dilemma of composite pipe manufacturers in ensuring consistent product quality amid varying environmental conditions

Porter's Five Forces: A Strategic Tool for Navigating the Composite Pipe Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Composite Pipe Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Composite Pipe Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Composite Pipe Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Composite Pipe Market

A detailed market share analysis in the Composite Pipe Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Composite Pipe Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Composite Pipe Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Composite Pipe Market

A strategic analysis of the Composite Pipe Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Composite Pipe Market, highlighting leading vendors and their innovative profiles. These include Acwa Pipe, Akkaya Pipe, Chemical Process Piping Pvt. Ltd., Composite Pipes Industry LLC, Compotech, Enduro Composites, EPP Composites, Fibrex, Future Pipe Industries, Graphite India Limited, Hobas, National Composite Factory, National Oilwell Varco, Plasticon Composites, Raccortubi Group, Sarplast SA, and ZCL Composites.

Market Segmentation & Coverage

This research report categorizes the Composite Pipe Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Product Type, market is studied across Diameter, Material Type, and Pressure Rating. The Diameter is further studied across Large Diameter, Medium Diameter, and Small Diameter. The Material Type is further studied across Ceramic Reinforced Composite Pipe, Metal Reinforced Composite Pipe, and Polymer Reinforced Composite Pipe. The Pressure Rating is further studied across High Pressure, Low Pressure, and Medium Pressure.
• Based on End User, market is studied across Agricultural Entities, Chemical Plants, Construction Firms, Oil & Gas Companies, and Water Utilities.
• Based on Installation Method, market is studied across Open Cut Installation and Trenchless Installation. The Trenchless Installation is further studied across Horizontal Directional Drilling and Pipe Bursting.
• Based on Reinforcement Type, market is studied across Carbon Fiber Reinforcement and Glass Fiber Reinforcement.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Increasing demand for high-performance materials in the oil and gas industry is driving the adoption of composite pipes
    • 5.1.1.2. Growing emphasis on corrosion-resistant and lightweight piping solutions is contributing to the market growth
    • 5.1.1.3. Expansion of renewable energy projects and the need for durable materials are boosting composite pipe demand
    • 5.1.1.4. Advancements in production technology and the introduction of innovative composite materials are enhancing market uptake
  • 5.1.2. Restraints
    • 5.1.2.1. Lack of standardized manufacturing processes impacts product quality and consistency
    • 5.1.2.2. High production costs stemming from raw material investments and advanced technology requirements limit market expansion
  • 5.1.3. Opportunities
    • 5.1.3.1. Increasing demand for composite pipes in oil and gas industry due to corrosion resistance
    • 5.1.3.2. Growing investments in renewable energy sectors driving the need for advanced composite piping solutions
    • 5.1.3.3. Rise in infrastructure development projects boosting the adoption of composite pipes for water and sewage management
  • 5.1.4. Challenges
    • 5.1.4.1. A challenge for composite pipes: overcoming the impact of raw material price fluctuations on production costs
    • 5.1.4.2. The dilemma of composite pipe manufacturers in ensuring consistent product quality amid varying environmental conditions
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Composite Pipe Market, by Product Type

• 6.1. Introduction
• 6.2. Diameter
  • 6.2.1. Large Diameter
  • 6.2.2. Medium Diameter
  • 6.2.3. Small Diameter
• 6.3. Material Type
  • 6.3.1. Ceramic Reinforced Composite Pipe
  • 6.3.2. Metal Reinforced Composite Pipe
  • 6.3.3. Polymer Reinforced Composite Pipe
• 6.4. Pressure Rating
  • 6.4.1. High Pressure
  • 6.4.2. Low Pressure
  • 6.4.3. Medium Pressure

7. Composite Pipe Market, by End User

• 7.1. Introduction
• 7.2. Agricultural Entities
• 7.3. Chemical Plants
• 7.4. Construction Firms
• 7.5. Oil & Gas Companies
• 7.6. Water Utilities

8. Composite Pipe Market, by Installation Method

• 8.1. Introduction
• 8.2. Open Cut Installation
• 8.3. Trenchless Installation
  • 8.3.1. Horizontal Directional Drilling
  • 8.3.2. Pipe Bursting

9. Composite Pipe Market, by Reinforcement Type

• 9.1. Introduction
• 9.2. Carbon Fiber Reinforcement
• 9.3. Glass Fiber Reinforcement

10. Americas Composite Pipe Market

• 10.1. Introduction
• 10.2. Argentina
• 10.3. Brazil
• 10.4. Canada
• 10.5. Mexico
• 10.6. United States

11. Asia-Pacific Composite Pipe Market

• 11.1. Introduction
• 11.2. Australia
• 11.3. China
• 11.4. India
• 11.5. Indonesia
• 11.6. Japan
• 11.7. Malaysia
• 11.8. Philippines
• 11.9. Singapore
• 11.10. South Korea
• 11.11. Taiwan
• 11.12. Thailand
• 11.13. Vietnam

12. Europe, Middle East & Africa Composite Pipe Market

• 12.1. Introduction
• 12.2. Denmark
• 12.3. Egypt
• 12.4. Finland
• 12.5. France
• 12.6. Germany
• 12.7. Israel
• 12.8. Italy
• 12.9. Netherlands
• 12.10. Nigeria
• 12.11. Norway
• 12.12. Poland
• 12.13. Qatar
• 12.14. Russia
• 12.15. Saudi Arabia
• 12.16. South Africa
• 12.17. Spain
• 12.18. Sweden
• 12.19. Switzerland
• 12.20. Turkey
• 12.21. United Arab Emirates
• 12.22. United Kingdom

13. Competitive Landscape

• 13.1. Market Share Analysis, 2023
• 13.2. FPNV Positioning Matrix, 2023
• 13.3. Competitive Scenario Analysis
• 13.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. Acwa Pipe
• 2. Akkaya Pipe
• 3. Chemical Process Piping Pvt. Ltd.
• 4. Composite Pipes Industry LLC
• 5. Compotech
• 6. Enduro Composites
• 7. EPP Composites
• 8. Fibrex
• 9. Future Pipe Industries
• 10. Graphite India Limited
• 11. Hobas
• 12. National Composite Factory
• 13. National Oilwell Varco
• 14. Plasticon Composites
• 15. Raccortubi Group
• 16. Sarplast SA
• 17. ZCL Composites