섬유 유리 파이프 시장 예측(-2030년) : 제품 유형, 직경, 제조 프로세스, 판매채널, 용도, 최종사용자, 지역별 세계 분석

According to Stratistics MRC, the Global Fiberglass Pipes Market is accounted for $3.52 billion in 2024 and is expected to reach $5.26 billion by 2030 growing at a CAGR of 4.5% during the forecast period. Fiberglass pipes are composite materials made from a combination of glass fibers and a resin matrix, typically epoxy or polyester. They are known for their high strength-to-weight ratio, corrosion resistance, and durability, making them suitable for a variety of applications. Fiberglass pipes are lightweight, easy to install, and can withstand extreme temperatures and pressures. Their smooth interior surface minimizes friction loss, enhancing flow efficiency, while their resistance to chemical degradation ensures longevity in challenging environments.

According to the American Chemical Council, chemical production is estimated to grow 3.4% in 2024.

Market Dynamics:

Driver:

Growing urbanization and infrastructure projects

As urban areas expand, there is a heightened need for reliable water supply, wastewater management, and drainage systems, all of which utilize fiberglass pipes due to their corrosion resistance and lightweight properties. Infrastructure initiatives, such as road construction and industrial development, further drive demand as municipalities and industries seek sustainable materials. Additionally, the focus on modernizing aging infrastructure leads to the replacement of traditional piping systems with fiberglass pipes, enhancing overall market growth.

Restraint:

Vulnerability to UV radiation

Fiberglass pipes are vulnerable to UV radiation because the resin used in their manufacturing can degrade when exposed to sunlight over extended periods. This degradation can lead to a reduction in strength, flexibility, and overall structural integrity, making the pipes less reliable for outdoor applications. Furthermore, potential customers may opt for alternative materials with better UV resistance, limiting the adoption of fiberglass pipes in certain applications and environments.

Opportunity:

Rising water and wastewater management needs

Urban populations are growing, and industrial activities are intensifying, leading to increased demand on current water supply and sewage systems, which prompt the need for upgrades and new infrastructure developments. Fiberglass pipes offer superior corrosion resistance, durability, and a lightweight design, making them ideal for both potable water distribution and wastewater treatment applications. Additionally, governments and municipalities are investing in sustainable practices, further enhancing the appeal of fiberglass pipes as eco-friendly solutions that ensure long-term performance and reduced maintenance costs in managing water resources effectively.

Threat:

High upfront cost

The high upfront cost of fiberglass pipes arises from the complex manufacturing process, specialized materials, and advanced technologies required for production. This initial investment can be significantly higher than that of traditional piping materials like PVC and steel, making fiberglass pipes less attractive to budget-conscious buyers. Additionally, this cost barrier can delay or limit the adoption of fiberglass solutions in various sectors, particularly in developing regions with constrained budgets for infrastructure projects.

Covid-19 Impact

The covid-19 pandemic significantly impacted the fiberglass pipes market, leading to supply chain disruptions, reduced manufacturing capacity, and project delays in various industries. Demand for fiberglass pipes, particularly in construction and infrastructure projects, declined due to restrictions and economic uncertainty. However, the need for durable piping solutions in healthcare and sanitation applications increased as hospitals expanded their facilities. As recovery progresses, the market is expected to rebound, driven by infrastructure investments and growing awareness of corrosion-resistant materials.

The storage tanks segment is expected to be the largest during the forecast period

The storage tanks segment is predicted to secure the largest market share throughout the forecast period. Fiberglass pipes are increasingly used in storage tank applications due to their excellent resistance to corrosion, lightweight nature, and durability. These pipes can withstand harsh chemicals, making them ideal for transporting fluids in industrial, agricultural, and municipal settings. Their smooth interior surface reduces friction, enhancing flow efficiency and minimizing energy costs. Their low maintenance requirements and long lifespan contribute to reduced operational costs, making them a preferred choice for modern storage tank systems.

The water & wastewater segment is expected to have the highest CAGR during the forecast period

The water & wastewater segment is anticipated to witness the highest CAGR during the forecast period due to their corrosion resistance, lightweight properties, and durability. These pipes effectively handle aggressive chemicals and varying pH levels, making them ideal for both potable water and wastewater systems. Their smooth interior minimizes friction loss, promoting efficient flow and reducing energy costs. Their flexibility and ease of installation contribute to reduced labor costs, making them a preferred solution for modern water infrastructure projects.

Region with largest share:

Asia Pacific is expected to register the largest market share during the forecast period due to rising industrialization, urbanization, and infrastructure development. Countries like China, India, and Japan are key players, driven by increasing demand in sectors such as water supply, wastewater management, and chemical processing. The region benefits from advancements in manufacturing technologies and the adoption of lightweight, corrosion-resistant materials. Additionally, government initiatives promoting sustainable practices and investments in renewable energy projects further boost the market.

Region with highest CAGR:

North America is projected to witness the highest CAGR over the forecast period fuelled by increasing demand for lightweight, durable, and corrosion-resistant piping solutions across various sectors, including oil and gas, water treatment, and construction. The region benefits from advanced manufacturing capabilities and a strong emphasis on infrastructure development. Key players are investing in research and development to innovate product offerings. Additionally, the growing trend of retrofitting aging infrastructure with fiberglass pipes contributes to market expansion in North America.

Key players in the market

Some of the key players profiled in the Fiberglass Pipes Market include Baker Hughes, Owens Corning, Vanguard Pipe & Supply, Reynolds Polymer Technology, Dura-Life, AquaPipe, Fibrex, ZCL Composites, Culvert Resource, Ferguson, Naylor Pipe Company, Future Pipe Industries Group (FPIG), Enduro Composites, HOBAS Pipe USA and Global Pipe.

Key Developments:

In October 2024, Hobas has launched a new generation of Glass Reinforced Plastic (GRP) pipes that feature a more durable inner protective layer, specifically designed for demanding applications. This innovation is aimed at improving the longevity and performance of the pipes in challenging environments, such as those found in water and wastewater systems, industrial applications, and other infrastructure projects.

In September 2024, Future Pipe Industries Group (FPIG) expanded its global footprint by acquiring Specialty Plastics, Inc. (SPI). This strategic move aims to enhance FPIG's position in the fiberglass reinforced pipe sector. With this buyout, FPIG aims to leverage SPI's expertise and solutions to improve its competitive edge in the composite pipe business.

Products Covered:

• Fiberglass Duct Pipes
• Fiberglass Lining Pipes
• Fiberglass Pressure Pipe
• Fiberglass Non-Pressure Pipe
• Fiberglass Specialty Pipes
• Other Products

Reinforcement Types Covered:

• Glass Fiber Reinforced Plastic (GRP) Pipes
• Fiberglass Reinforced Plastic (FRP) Pipes
• Polymer Matrix Composite (PMC) Pipes
• Steel-Reinforced Fiberglass Pipes
• Concrete-Reinforced Fiberglass Pipes
• Multi-layer Reinforced Pipes
• Thermoplastic Composite Pipes
• Other Reinforcement Types

Diameters Covered:

• Less Than 6 Inches
• 6 to 36 Inches
• 36 Inches & Above

Manufacturing Processes Covered:

• Centrifugal Casting
• Compression Molding
• Injection Molding
• Other Manufacturing Processes

Sales Channels Covered:

• Direct Sales
• Distributors
• Online Sales
• Other Sales Channels

Applications Covered:

• Flow Lines
• Storage Tanks
• Drainage Systems
• Chemical Transfer
• Seawater Intake & Discharge
• Irrigation Systems
• Other Applications

End Users Covered:

• Oil & Gas
• Water & Wastewater
• Chemical Processing
• Power Generation
• Marine
• Agriculture
• Construction
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Fiberglass Pipes Market, By Product

• 5.1 Introduction
• 5.2 Fiberglass Duct Pipes
• 5.3 Fiberglass Lining Pipes
• 5.4 Fiberglass Pressure Pipe
• 5.5 Fiberglass Non-Pressure Pipe
• 5.6 Fiberglass Specialty Pipes
• 5.7 Other Products

6 Global Fiberglass Pipes Market, By Reinforcement Type

• 6.1 Introduction
• 6.2 Glass Fiber Reinforced Plastic (GRP) Pipes
• 6.3 Fiberglass Reinforced Plastic (FRP) Pipes
• 6.4 Polymer Matrix Composite (PMC) Pipes
• 6.5 Steel-Reinforced Fiberglass Pipes
• 6.6 Concrete-Reinforced Fiberglass Pipes
• 6.7 Multi-layer Reinforced Pipes
• 6.8 Thermoplastic Composite Pipes
• 6.9 Other Reinforcement Types

7 Global Fiberglass Pipes Market, By Diameter

• 7.1 Introduction
• 7.2 Less Than 6 Inches
• 7.3 6 to 36 Inches
• 7.4 36 Inches & Above

8 Global Fiberglass Pipes Market, By Manufacturing Process

• 8.1 Introduction
• 8.2 Centrifugal Casting
• 8.3 Compression Molding
• 8.4 Injection Molding
• 8.5 Other Manufacturing Processes

9 Global Fiberglass Pipes Market, By Sales Channel

• 9.1 Introduction
• 9.2 Direct Sales
• 9.3 Distributors
• 9.4 Online Sales
• 9.5 Other Sales Channels

10 Global Fiberglass Pipes Market, By Application

• 10.1 Introduction
• 10.2 Flow Lines
• 10.3 Storage Tanks
• 10.4 Drainage Systems
• 10.5 Chemical Transfer
• 10.6 Seawater Intake & Discharge
• 10.7 Irrigation Systems
• 10.8 Other Applications

11 Global Fiberglass Pipes Market, By End User

• 11.1 Introduction
• 11.2 Oil & Gas
• 11.3 Water & Wastewater
• 11.4 Chemical Processing
• 11.5 Power Generation
• 11.6 Marine
• 11.7 Agriculture
• 11.8 Construction
• 11.9 Other End Users

12 Global Fiberglass Pipes Market, By Geography

• 12.1 Introduction
• 12.2 North America
  • 12.2.1 US
  • 12.2.2 Canada
  • 12.2.3 Mexico
• 12.3 Europe
  • 12.3.1 Germany
  • 12.3.2 UK
  • 12.3.3 Italy
  • 12.3.4 France
  • 12.3.5 Spain
  • 12.3.6 Rest of Europe
• 12.4 Asia Pacific
  • 12.4.1 Japan
  • 12.4.2 China
  • 12.4.3 India
  • 12.4.4 Australia
  • 12.4.5 New Zealand
  • 12.4.6 South Korea
  • 12.4.7 Rest of Asia Pacific
• 12.5 South America
  • 12.5.1 Argentina
  • 12.5.2 Brazil
  • 12.5.3 Chile
  • 12.5.4 Rest of South America
• 12.6 Middle East & Africa
  • 12.6.1 Saudi Arabia
  • 12.6.2 UAE
  • 12.6.3 Qatar
  • 12.6.4 South Africa
  • 12.6.5 Rest of Middle East & Africa

13 Key Developments

• 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 13.2 Acquisitions & Mergers
• 13.3 New Product Launch
• 13.4 Expansions
• 13.5 Other Key Strategies

14 Company Profiling

• 14.1 Baker Hughes
• 14.2 Owens Corning
• 14.3 Vanguard Pipe & Supply
• 14.4 Reynolds Polymer Technology
• 14.5 Dura-Life
• 14.6 AquaPipe
• 14.7 Fibrex
• 14.8 ZCL Composites
• 14.9 Culvert Resource
• 14.10 Ferguson
• 14.11 Naylor Pipe Company
• 14.12 Future Pipe Industries Group (FPIG)
• 14.13 Enduro Composites
• 14.14 HOBAS Pipe USA
• 14.15 Global Pipe