Hexa Reports Fiberglass Pipe Market Size, Analysis, Competitive | Page 2

The demand for fiberglass pipes is expected to surge owing to the development of new ports in the Asia Pacific region. Different types of resins, glass fibers are used in the manufacturing process for various applications in end use to provide various properties like resistance to abrasion, fire retardant, corrosion resistance, and light weight. Various types of pipes such as GRE, GRP, GRVE pipes are available to cater to the various requirement of the application industry. Further key findings from the report suggest: • • • • GRP pipe segment is projected to experience the fastest growth in terms of value at a CAGR of 6.2% from 2017 to 2025 on account of its various characteristics such as excellent degree of swelling, non- embrittlement, and water resistance. Furthermore, growing infrastructural development activities in emerging economies are expected to augment the growth over the forecast period. Oil & gas industry emerged as the largest end-use segment in terms of revenue in 2016 and is estimated to reach USD 2.41 billion by 2025. GRE pipes revenue in Asia Pacific region is anticipated to experience steady growth over the forecast period, to reach USD 1.44 billion by 2025 The U.S. fiberglass pipes market in terms of revenue was valued USD 562.9 million in 2016 and is estimated to reach USD 816.6 million by 2025. The industry in Asia Pacific is projected to witness substantial growth over the next eight years owing to robust growth in various end-use industries, especially in the irrigation and oil & gas industries. In terms of revenue, the regional market is expected to grow at a CAGR of 6.8% from 2017 to 2025. Key players include National Oilwell Varco, Inc., Graphite India Limited, Saudi Arabian AMIANTIT Company, PPG Fiberglass Industries, HOBAS Pipes International GmbH, and Fibrex Corporation dominated the global fiberglass pipes market Request A Sample copy of This Report @ https://www.hexareports.com/report/fiberglass-pipe-market/request-sample Table Of Content Chapter 1 Methodology and Scope 1.1 Research methodology 1.2 Research scope & assumptions 1.2.1 Research Scope 1.2.2 Assumptions 1.3 List of data sources Chapter 2 Executive Summary 2.1 Market snapshot Chapter 3 Market Variables, Trends, and Scope 3.1 Market segmentation and scope Follow Us: