1 / 3

GRP Piping Systems Market: Rising Demand, Future Scope, Market Status 2025

Global u201cGRP Piping Systems Marketu201d report offers an overview of the market trends, drivers, and barriers with respect to the GRP Piping Systems Market. It also provides a comprehensive overview of the market of different regions across United States, Europe, China, Japan, India, Southeast Asia and Others.

food
Download Presentation

GRP Piping Systems Market: Rising Demand, Future Scope, Market Status 2025

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. GRP Competitive Landscape, Future Plans And Trends By Forecast 2025 Piping Systems Market Drivers, GRP Piping Systems Market Report provides in-depth analysis of industry by production, share, size, Demand, Proposition, Development, Opportunities, Growth, Economic Trends, Technologies Research, Segmentation, Key Futuristic, Investment Feasibility, Major Key Players, SWOT analysis and Forecast. The global Glass Fiber Reinforced Plastic (GRP) Piping Systems Market is anticipated to reach USD 2.60 billion by the end 2025, according to a new report released by Million Insights. It is projected to grow at a CAGR of 5.5% over the forecast period. Increasing adoption of GRP piping systems in offshore and onshore oilfields and wide application of these products across various industries is the major driving force for the market growth. In addition, rising production and exploration activities of hydrocarbons is further expected to fuel the market growth over the forecast period. Properties such as corrosion resistant, abrasion resistant, durability, and high strength are projected to boost the demand for GRP pipes across gas and oil refineries and desalination plants. Moreover, these pipes offer high insulation, thereby, projected to propel the demand among the gas and oil refineries that witness transmission of combustible fluids on a daily basis. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-glass-fiber-reinforced-plastic-grp-piping- systems-market Rising adoption of GRP piping products across several industries and sectors such as power generation, aerospace, wastewater treatment plants, fire protection, and sewage and drainage systems is projected to augment the growth of the market. Moreover, rising number of end-user sectors such as construction, water treatment, automotive, and gas and oil is anticipated to pave the way for this market across different regions.

  2. This growth is attributed to its high strength and structure that enables high capacity transmission of different fluids. The market is highly competitive in nature owing to large number of players operating in the market that target various niche segments. Moreover, these players are focusing on developing products that can sustain high turbulences, pressure, and temperature. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/global-glass-fiber-reinforced-plastic-grp-piping- systems-market/request-sample Further key findings from the report suggest: • In 2017, the epoxy resins segment held the market share of 51.9% across the global GRP piping systems market • The segment of vinylester resins is projected to grow significantly with a CAGR of 5.4% over the forecast period owing to its anti-corrosive and abrasion resistant properties. • The elbows product segment is projected to attain a CAGR of 5.9% over the forecast period • In 2017, Asia Pacific held the revenue share of 20.8% across the global market owing to rising government initiatives and infrastructure projects to cater to rising demand for energy. • Leading players in this industry are focusing on strategic initiatives such as joint venturing, collaborations, agreements, partnerships, and R&D to gain a competitive advantage over other competitors and to expand their market reach. Million Insights has segmented the global glass reinforced plastics piping systems market on the basis of material, product, and region: Glass Fiber Reinforced Plastics (GRP) Piping Systems Material Outlook (Revenue, USD Million, 2013 - 2025) • Polyester • Vinylester • Epoxy Table Of Contents 1GRP Piping Systems Overview 2Global GRP Piping Systems Application Estimates & Trend Analysis

  3. 3Global GRP Piping Systems Size and Growth Prospects 4Global GRP Piping Systems Analysis by Region 5Global GRP Piping Systems Analysis by Type 6Global GRP Piping Systems Analysis by Application 7Global GRP Piping Systems Manufacturers Analysis 8Global GRP Piping Systems Technology and Development Trends Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-glass-fiber-reinforced-plastic-grp-piping- systems-market Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184

More Related