Global FRP/GRP/GRE Pipe Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Fiber Type;

Glass Fiber and Carbon Fiber.

By Resin Type;

Polyester, Epoxy, Vinyl Ester, and Others.

By End-User;

Oil & Gas, Sewage, Chemical, Irrigation, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn152035991 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global FRP/GRP/GRE Pipe Market (USD Million), 2021 - 2031

In the year 2024, the Global FRP/GRP/GRE Pipe Market was valued at USD 3,680.19 million. The size of this market is expected to increase to USD 4,745.93 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.7%.

The global FRP (Fiberglass Reinforced Plastic), GRP (Glass Reinforced Plastic), and GRE (Glass Reinforced Epoxy) pipe market represents a dynamic and rapidly evolving sector within the broader composite materials industry. FRP, GRP, and GRE pipes are valued for their superior properties, including high strength-to-weight ratios, resistance to corrosion, and ease of maintenance, which make them ideal for a variety of applications. These pipes are commonly used in industries such as oil and gas, water treatment, chemicals, and construction, where their durability and performance in challenging environments are particularly advantageous.

The market for FRP, GRP, and GRE pipes has experienced significant growth driven by increasing demand for lightweight, durable materials that offer cost-effective solutions over traditional piping systems. Innovations in manufacturing technologies and materials science have further enhanced the performance characteristics of these pipes, making them suitable for more demanding applications. Additionally, the growing focus on infrastructure development and the need for efficient, long-lasting piping solutions have contributed to the expansion of the market.

Regional market dynamics play a crucial role in shaping the global FRP, GRP, and GRE pipe market. Emerging economies, particularly in Asia-Pacific and Latin America, are witnessing robust growth due to rising industrialization and infrastructure projects. In contrast, mature markets in North America and Europe are experiencing steady growth driven by ongoing maintenance, replacement, and upgrading of existing piping systems. The market landscape is characterized by a diverse range of players, including established manufacturers and new entrants, each contributing to the competitive environment.

Future trends in the FRP, GRP, and GRE pipe market are likely to be influenced by advancements in technology, regulatory changes, and shifting industry demands. The development of next-generation composite materials and improved manufacturing processes are expected to drive further growth and innovation. As industries continue to prioritize sustainability and efficiency, the adoption of FRP, GRP, and GRE pipes is poised to increase, positioning these materials as key components in the evolving landscape of global infrastructure and industrial applications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Fiber Type
    2. Market Snapshot, By Resin Type
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Global FRP/GRP/GRE Pipe Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Lightweight and corrosion-resistant materials
        2. Growing demand in construction
        3. Cost-effective compared to metals
        4. Easy installation and maintenance
      2. Restraints
        1. High initial material costs
        2. Limited temperature resistance
        3. Susceptibility to UV degradation
        4. Market competition from alternatives
      3. Opportunities
        1. Expansion in emerging markets
        2. Advancements in manufacturing technologies
        3. Increasing infrastructure projects
        4. Rising demand for sustainable materials
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competititve Rivalry
  5. Market Segmentation
    1. Global FRP/GRP/GRE Pipe Market, By Fiber Type, 2021 - 2031 (USD Million)
      1. Glass Fiber
      2. Carbon Fiber
    2. Global FRP/GRP/GRE Pipe Market, By Resin Type, 2021 - 2031 (USD Million)
      1. Polyester
      2. Epoxy
      3. Vinyl Ester
      4. Others
    3. Global FRP/GRP/GRE Pipe Market, By End-User, 2021 - 2031 (USD Million)
      1. Oil & Gas
      2. Sewage
      3. Chemical
      4. Irrigation
      5. Others
    4. Global FRP/GRP/GRE Pipe Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Future Pipe Industries
      2. Al Hashem
      3. National Oilwell Varco
      4. Hubei Aofenglian Composite Material Co., Ltd
      5. Hexion Inc
      6. Enduro Composites
      7. Sarplast
      8. Brevini Fluid Power
      9. Schlumberger
      10. Ashapura Minechem Ltd
  7. Analyst Views
  8. Future Outlook of the Market