Market Revenue Fiberglass Pipe Market Strategic Initiatives | Page 2

On the basis of fiber, the global fiberglass pipes market is segmented into E-Glass and T-Glass. On the basis of application, the global fiberglass pipes market is segmented into oil & gas, chemicals, irrigation and sewage. Chemical segment dominates the global market in the fiberglass pipes market during the forecast period. The key driving factors responsible for the growth of fiberglass pipes market includes rise in demand for fiberglass pipes in sewage owing to light weight, dimensional stability, resistance to corrosion, sophistication in installation and water management applications and better mechanical properties resulting into an enhanced product life with lower maintenance costs. However, high costs pertaining to material acts as a major restraint to market growth. On the basis of geographic segmentation, the global fiberglass pipes market spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. APAC regions dominate the global fiberglass pipes market due to the presence of large chemical industry and government and heavy spending by government on waste and water management. Indian, Chinese and Indonesian market are anticipated to grow at a higher CAGR during the forecast period. North America is estimated to grow at a higher CAGR during the forecast period, followed by Europe and Middle-East regions. The key players in the global fiberglass pipes market include Arkema, Mitsubishi Plastics Inc, Formosa Plastics Corporation, SGL Group, Huntsman Corporation, PPG industries, and Taishan Fiberglass Inc. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/fiberglass-pipe-market Market Segmentation Product Outlook (Revenue, USD Million, 2014 - 2025) • GRE Pipes • GRP Pipes • Others Fiber Outlook (Revenue, USD Million, 2014 - 2025) • E-glass • T-Glass/ S-Glass/ R-Glass • Others End-use Outlook (Revenue, USD Million, 2014 - 2025) • Oil & Gas • Chemicals