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GRP Pipes Market Share

ID: MRFR//6790-CR | 128 Pages | Author: Tejas Chaudhary| June 2023

In the dynamic landscape of the GRP (Glass Reinforced Plastic) Pipes market, companies employ various strategies to enhance their market share positioning. One prevalent approach is differentiation, where companies focus on unique product features, quality improvements, or innovative designs to distinguish themselves from competitors. By offering distinct advantages, such as increased durability, corrosion resistance, or ease of installation, companies attract customers seeking specialized solutions and establish a competitive edge in the market.

The next main driver of the GRP Pipes Industry is the growth of the chemical industry in developing nations as GRP Pipes are corrosion-free of chemicals and are easy to install in the chemical industries. Also, Water delivery to suitable agricultural land is becoming increasingly important around the world and GRP Pipes have made it easy to do so.

Cost leadership is another key strategy in the GRP Pipes market. Companies aim to become the low-cost producer by optimizing manufacturing processes, minimizing operational expenses, and achieving economies of scale. This allows them to offer competitive prices, making their products more attractive to cost-conscious customers. However, it is crucial for companies to balance cost efficiency with maintaining product quality to ensure sustained success in the market.

Market segmentation is a widely employed strategy in the GRP Pipes industry. Companies identify specific market segments based on factors such as industry applications, geographic regions, or customer needs. By tailoring products and marketing strategies to meet the unique requirements of each segment, companies can effectively target diverse markets and capture a larger share within each specialized category.

Collaboration and strategic partnerships play a significant role in the market share positioning of GRP Pipes companies. By forming alliances with suppliers, distributors, or even competitors, companies can enhance their overall market position. Collaborative efforts often result in shared resources, expanded market reach, and access to complementary technologies, contributing to a strengthened competitive position.

Innovation is a crucial factor driving market share positioning in the GRP Pipes market. Companies that invest in research and development to introduce new technologies, materials, or manufacturing processes gain a competitive advantage. Innovations that address issues such as improved strength, enhanced chemical resistance, or eco-friendly production methods can significantly influence customer preferences and contribute to capturing a larger market share.

Global expansion is a strategy pursued by many companies in the GRP Pipes market to diversify their customer base and reduce dependency on specific regions. Entering new markets allows companies to tap into different economic conditions, regulatory environments, and industry demands. Successful global expansion requires a deep understanding of local market dynamics and the ability to adapt products and strategies to meet diverse customer needs.

Building strong customer relationships is fundamental to market share positioning in the GRP Pipes industry. Companies that prioritize customer satisfaction, provide excellent after-sales support, and actively engage with customers can foster loyalty. Satisfied customers not only contribute to repeat business but also serve as brand advocates, influencing others to choose the company's products over competitors.

Covered Aspects:

Report Attribute/Metric Details
Base Year For Estimation 2021
Forecast Period 2024-2030
Growth Rate 4.5% (2024-2030)

Global GRP Pipes Market Overview


Global GRP Pipes Market Size was valued at USD 4.3 billion in 2021. The GRP Pipes Market industry is projected to grow from USD 4.49 Billion in 2022 to USD 6.3 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.5% during the forecast period (2024 - 2030). Glass Reinforced Plastic (GRP) Pipes Market reinforcements are incorporated in cured thermosetting polymers. Because of their anti-corrosion qualities, GRP is becoming more popular in the GRP Pipes Industry. The GRP Pipes Market Share is expanding as the petroleum sector expands, as well as its good utility for moving chemicals, a global focus on public utilities, and for delivering water for irrigation purposes are the factor driving the growth of the Global GRP Pipes Market.


GRP Pipes Market Overview


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


GRP Pipes Market Trends



  • RISING URBANIZATION AND GROWING NEED FOR SUSTAINABLE ENERGY


The major and the foremost driver for the global GRP Pipes Market growth is increasing penetration of GRP piping systems in the end use industry due to its properties The next main driver of the GRP Pipes Industry is the rising urbanization and growing need for sustainable energy.


Rapid industrialization in all countries is driving the call for profitable and sustainable pipes due to the rising cost of metal pipes and tubes. Urbanization and rising incomes of the middle class have led to increased use of abrasive chemicals in household cleaning and other daily activities. As a result, traditional iron and concrete pipes need to be replaced more frequently due to corrosion. GRP pipes are superior to steel pipe when it comes to corrosion and moisture resistance, thereby increasing the lifespan of water and sewage transmission pipelines.


GRP pipes are the greenest ones with a contribution of less than 2,000kg CO2-equivalents. These pipes have lesser carbon footprint during manufacturing, transportation, and installation of the same. It also imparts lesser amount of contamination with the liquid that it transports to the external environment due to its excellent leak-proof features. This helps preserve the ground water from contamination, preventing - health hazards and environmental pollution, and a loss in efficiency due to higher pumping requirements. Glass reinforced plastic piping is expected to gain market share due to its potential to economically replace metal and ductile pipes in green building constructions.


GRP Pipes Market Segment Insights:


GRP Pipes Resin Types Insights


The global GRP Pipes segmentation, based on Resin type Epoxy, Polyester, Vinyl Ester. The Epoxy segment held the majority share in 2021. Epoxy resins have excellent resistance to a wide range of moderately strong acids and alkalis and most hydrocarbons. Aliphatic amines, Aromatic amines, anhydrides are few examples of base epoxy resins.


Oct 2019 Completed its acquisition of Denali Incorporated (“Denali”). Denali is a renowned leader in fiberglass-reinforced plastic (FRP) products and technologies with more than 50 years of providing innovative FRP solutions to the petroleum, chemical, power generation, and water industries. Denali’s largest business, Containment Solutions, Inc., primarily manufactures large underground FRP tanks used to store fuel at gasoline stations across North America.


April 2019: The company opened of its Fiber Glass Systems manufacturing facility in Dammam, Saudi Arabia. With 24,000 m² of manufacturing space, this facility will be the first local manufacturer of spoolable and jointed GRE pipe, GRE high-pressure line pipe, and downhole tubing and casing. Bringing composite solutions from its Fiberspar and STAR product lines to the Kingdom helped its customers eliminate corrosion in their applications, reduce installation and maintenance costs over their pipe’s life cycle, and more cost-effectively transport higher quality resources to the market.


GRP Pipes End-Use Insights


The global GRP Pipes Market data has been bifurcated by End-Use into Oil and Gas, Chemicals, Wastewater Treatment, Irrigation and Other. The Wastewater Treatment segment accounted for the largest market share in 2021. Processed or raw water has high demand in several applications including processing, washing, and cooling in manufacturing industries such as chemical, pulp & paper, automotive, metal & mining, power, oil & gas, pharmaceuticals, and textiles. Hence rising End-Use into Oil and Gas, Chemicals, Wastewater Treatment, Irrigation and Other implants for GRP Pipes positively impacts the market growth.


March 2022: Flowtite South Africa has been contracted by the Zimbabwe National Water Authority (ZINWA) to supply pipes for the Matabeleland Zambezi Water Project (MZWP) in Zimbabwe. Flowtite South Africa will set up a plant by the end of the year to manufacture the glass fibre pipes in Zimbabwe for the pipeline and other local needs and to feed export markets.


March 2022: Future Pipe Industries, a fiberglass pipe system design and manufacturing company headquartered in Dubai, has announced that it has extended its manufacturing facility in Saudi city of Dammam, adding two new production lines of brand Flexstrong - High Pressure Spoolable Pipe, with diameter up to 6 inches.


Figure 2: Global GRP Pipes Market, by End-User, 2021 & 2030 (USD Million)


GRP Pipes Market, by End-User, 2021 & 2030


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Additionally. For the chemical end-use industry, corrosion is a major issue, as pipelines often carry toxic fluids. The prime advantage of GRP pipes over steel pipes is that they do not corrode. GRP’s superior durability and weight saving capabilities over steel pipes are due to this feature. It acts as one of the most important factors in GRP pipes for Oil and Gas, Chemicals, Wastewater Treatment, Irrigation or other related systems is expected to stymie the growth of the GRP pipes market throughout the forecast period.


GRP Pipes Regional Insights


By Region, the study segments the market into North America, Europe, Asia-Pacific, Middle East and South America. Asia-Pacific GRP Pipes Market accounted for USD 2.01 billion in 2021 and is expected to exhibit an 5.2% CAGR during the study period. The Asia Pacific market for GRP pipes has been further sub-segmented geographically into India, China, Japan, South Korea, Australia, and Rest of Asia Pacific. Amongst them, China has the largest market by revenue in the region.


Further, the major countries studied are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure 3: GLOBAL GRP PIPES MARKET  SHARE BY REGION 2021 (%)


GRP PIPES MARKET  SHARE BY REGION 2021


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


North America GRP Pipes Market accounts for the second-largest market share due to the rising demand for the GRP pipes in the developed countries such as US, Canada and Mexico is witnessing high growth rates. North America is projected to observe significant amount of growth in the GRP pipes due to the to the increase in Manufacturing industries, including chemical, automotive, paper & pulp, oil & gas, power, metal & mining, textiles, and pharmaceuticals in the region. Moreover, increasing concerns over freshwater scarcity and the rising volume of contaminated water, especially in developing economies in conjunction with government investments in wastewater treatment projects are substantially propelling the demand for GRP pipes. Further, the US GRP Pipes Market held the largest market share, and the US GRP Pipes Market was the fastest growing market in the North America region.


The Europe GRP Pipes Market is expected to grow at a CAGR of 3.9% from 2022 to 2030. The United Kingdom market has the largest share for GRP pipe end products as the UK government are making efforts to bring the use of fiberglass pipes in infrastructure industries such as building, offshore oil & gas, and marine which are expected to bring benefits to the GRP pipes market in Europe. GRP pipes and tanks are principally used in plant construction and public/private pipelines as well as by customers in the oil/gas and chemicals industries.


 Hence, UK is anticipated to register the highest growth rate over the forecast period from 2022–2030.


GRP Pipes Key Market Players & Competitive Insights


The market is highly competitive with all the players competing to gain a higher market share. Intense competition, rapid advances in GRP pipes manufacturing technology, and regulations are key factors that confront the market growth. A substantial level of rivalry is observed among the existing manufacturers in the market. Our analysis revealed that market players had adopted different strategies and innovative research and development techniques to expand their business and secure their position in the global GRP pipes market. In recent years, strategic movements by major players included approvals, which have been used as market penetration strategies and a means to reduce competition..


Many market participants in the GRP Pipes Market operating in the global GRP Pipes Market  include National Oilwell Varco, Flowtite Technology, Saudi Arabian Amiantit co , Future pipe industries, Hengrun Group co. ltd, Sarplast SA, Amiblu Holding Gmbh, Fibrex, Enduro Composites, Beetle Plastics.  The market comprises tier-1, tier-2, and local players. The tier-1 and tier-2 players have a global reach along with diverse product portfolios. Companies such as National Oilwell Varco, Flowtite Technology, Saudi Arabian Amiantit co , Future pipe industries, Hengrun Group co. ltd, dominate the global market due to brand reputation, product differentiation, financial stability, and diversified regional presence.


Key Companies in the GRP Pipes Market includes.



  • National Oilwell Varco,

  • Flowtite Technology,

  • Saudi Arabian Amiantit Co.,

  • Future pipe industries,

  • Hengrun Group co. ltd,

  • Sarplast SA

  • Amiblu Holding Gmbh

  • Fibrex

  • Enduro Composites

  • Beetle Plastics among others


GRP Pipes Industry Developments


April 2021: Launched an initiative to introduce a range of high-pressure fiber-reinforced epoxy vessels measuring up to 60 in. (1.5 m) in diameter to Fiber Glass System’s (FGS) product offerings. FGS Plymouth and FGS Malaysia partnered up in an effort to certify both UK and Malaysian manufacturing facilities for the production of Class I ASME Boiler and Pressure Vessel Code (BPVC).X certified and code-stamped pressure vessels.


Oct 2019: Completed its acquisition of Denali Incorporated (“Denali”). Denali is a renowned leader in fiberglass-reinforced plastic (FRP) products and technologies with more than 50 years of providing innovative FRP solutions to the petroleum, chemical, power generation, and water industries. Denali’s largest business, Containment Solutions, Inc., primarily manufactures large underground FRP tanks used to store fuel at gasoline stations across North America..


GRP Pipes Market Segmentation


GRP Pipes Resin Type Outlook



  • Epoxy

  • Polyester

  • Vinyl Ester


GRP Pipes End-Use type Outlook



  • Oil and Gas

  • Chemicals

  • Wastewater Treatment

  • Irrigation

  • Others


GRP Pipes Regional Outlook




  • North America

    • US

    • Canada

    • Mexico




  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Rest of Europe




  • Asia-Pacific

    • China

    • Japan

    • India

    • Rest of Asia-Pacific




  • Middle East & Africa

    • Saudi Arabia

    • UAE  

    • South Africa

    • Rest Of MEA




  • South America

    • Argentina

    • Brazil

    • Rest of SA



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