According to a market report by Lucintel, the future of the global North American FRP pipe market looks promising with opportunities in the sewer gravity and pressure, water potable, irrigation, storm, hydro, oil and gas, retail fuel, pulp and paper, chemical, and power. The global North American FRP pipe market is expected to reach an estimated $1.0 billion by 2030 from $1.0 billion in 2023, at a CAGR of 3.0% from 2023 to 2030. The major drivers for this market are increasing construction of water supply systems, further development of sewage treatment systems, and increasing oil and gas exploration activities.
Browse 72 figures / charts and 52 tables in this 148 -page report to understand trends, opportunity and forecast in North American FRP pipe market to 2030 by end product (sewer gravity and pressure, water potable, irrigation, storm, hydro, oil and gas, retail fuel, pulp and paper, chemical, power and others), resin composites (epoxy, polyester and vinyl ester), diameter(small, medium, and large), pressure rating (less than 150 psi, 150 to 300 psi, and more than 300 psi), manufacturing process (filament winding, centrifugal casting, and others), and country (The US, Canada and Mexico).
Lucintel forecasts that oil and gas will remain the largest end use segment and it is also expected to witness the highest growth over the forecast period due to the growth in rig count.
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Epoxy resin will remain the largest segment by value and volume and polyester resin is expected to witness the highest growth over the forecast period.
National Oilwell Varco (NOV), HOBAS Pipe, Future Pipe Industries, Amiantit, RPS Composites, Ershigs Inc., Colney Composites LLC, Belco Manufacturing Co.Inc are the major suppliers in the North American FRP pipe market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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