The Glass Reinforced Plastics (GRP) Pipes Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Glass Reinforced Plastics (GRP) Pipes Market?
The market size for Glass Reinforced Plastics (GRP) Pipes has seen strong growth recently. The market size was $5.48 billion in 2024 and is expected to increase to $5.86 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Glass Reinforced Plastics (GRP) Pipes Industry?
The market size for Glass Reinforced Plastics (GRP) Pipes is forecasted to reach $7.68 billion in 2029, growing at a compound annual growth rate (CAGR) of 7.0%.
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What are the Key Growth Drivers Fueling the Glass Reinforced Plastics (GRP) Pipes Market?
The key drivers in the glass reinforced plastics (grp) pipes market are:
• Expansion of healthcare infrastructure
• Market growth in developing regions
• Growth of renewable energy infrastructure
• Increase in urbanization needs
Global Market Segmentation: Identifying Major Glass Reinforced Plastics (GRP) Pipes Industry Segments
The glass reinforced plastics (GRP) pipes market covered in this report is segmented –
1) By Resin: Epoxy, Polyester, Vinyl Ester, Other Resins
2) By Application: Water Treatment, Sewage Piping, Oil And Gas Pipes, Chemical Processing, Pumping Systems, Marine And Offshore, Other Applications.
3) By End-Use Industry: Chemical Industry, Oil And Gas Industry, Construction Industry, Waste Water, Other End-Users
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What are the Emerging Trends Shaping the Future of the Glass Reinforced Plastics (GRP) Pipes Market?
The key trends in the glass reinforced plastics (grp) pipes market are:
• The increased focus on corrosion resistance is an emerging trend in the GRP pipes market.
• There is a significant shift towards sustainable and eco-friendly solutions.
• Advanced manufacturing techniques are increasingly shaping the industry.
• The integration of smart infrastructure and innovation in material development are key upcoming trends.
Who Are the Top Competitors & Leading Players in the Glass Reinforced Plastics (GRP) Pipes Market?
Major companies in the glass reinforced plastics (grp) pipes market are:
• Amiblu Holding GmbH
• Composite Pipes Industry
• Enduro Composites Inc.
• Fibrex Corporation
• Future Pipe Industries
• Advanced Composites Inc.
• Reliance Industries Ltd.
• Nippon Electric Glass Co. Ltd.
• Mitsubishi Chemical Corporation
• Aegion Corporation
• Toray Industries Inc.
• Asahi Fibreglass Company
• Jushi Group Co. Ltd.
• Taishan Fiberglass Inc.
• AGY Holding Corp
• China Beihai Fiberglass Co. Ltd.
• Chongqing Polycomp International Corp.
• Fiber-Tech Industries Inc.
• Fiberglass Coatings Inc.
• Fibrelite Composite Structures Ltd.
• Glasforms Inc.
• Glasteel Inc.
• Hanwha Advanced Materials Corporation
• Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd.
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the glass reinforced plastics market in 2024
