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    India GRP Pipes Market

    ID: MRFR/PNT/55379-HCR
    200 Pages
    Varsha More
    October 2025

    India GRP Pipes Market Research Report By Resin Type (Epoxy, Polyester, Vinyl Ester) and By End-User Type (Oil and Gas, Chemicals, Wastewater Treatment, Irrigation, Other)- Forecast to 2035

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    India GRP Pipes Market Infographic

    India GRP Pipes Market Summary

    The India GRP Pipes market is projected to grow significantly from 429.4 USD Million in 2024 to 776.7 USD Million by 2035.

    Key Market Trends & Highlights

    India GRP Pipes Key Trends and Highlights

    • The market is expected to achieve a compound annual growth rate of 5.54 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 776.7 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 429.4 USD Million, reflecting a strong foundation for future expansion.
    • Growing adoption of GRP pipes due to increasing infrastructure development is a major market driver.

    Market Size & Forecast

    2024 Market Size 429.4 (USD Million)
    2035 Market Size 776.7 (USD Million)
    CAGR (2025-2035) 5.54%

    Major Players

    Hindustan Polyamides and Fibres, Finolex Industries, Maharashtra Plastic Manufacturers, Apex Plastics, Polycab India, Astral Pipes, Skipper Limited, Jain Irrigation Systems, Prince Pipes and Fittings, Ashirvad Pipes, Kisan Mouldings, Parimal Plastics, Nahar Group, Gujarat Pipe, Supreme Industries

    India GRP Pipes Market Trends

    A number of important market factors are causing a major shift in the GRP pipes market in India. Manufacturers are being encouraged to invest in cutting-edge technology by the growing need for robust and effective piping solutions in industries including waste management, irrigation, and water delivery.

    The development of GRP pipes is being supported by government programs like the Jal Jeevan Mission, which aims to increase access to water supplies in both urban and rural regions. Additionally, India's focus on environmentally friendly infrastructure development emphasizes the requirement for materials that are resistant to chemicals and corrosion, which makes GRP pipes more appealing.

    As industries search for methods to improve their operational efficiency, there are many prospects to investigate in the market. One area where manufacturers might broaden their product options is the increasing use of GRP pipes in drainage and sewage systems.

    Further growth opportunities are also presented by the growing use of GRP pipes in the construction industry, particularly for industrial and stormwater management applications. The need for dependable water management systems will keep propelling the market as India's urbanization picks up speed.

    GRP pipes are essential to contemporary infrastructure frameworks, and recent trends show an increase in the use of smart water management solutions. The drive for environmentally friendly materials complements this and is consistent with India's dedication to sustainability. More market potential is made possible by the standardization of GRP pipes in accordance with the Bureau of Indian Standards.

    A competitive environment centered on high-performance solutions is the result of the market's reaction to end consumers' increasing emphasis on quality and durability. All things considered, the market for GRP pipes in India is changing due to increased emphasis on sustainability and technical breakthroughs.

    Market Segment Insights

    India GRP Pipes Market Segment Insights

    India GRP Pipes Market Segment Insights

    GRP Pipes Market Resin Type Insights

    GRP Pipes Market Resin Type Insights

    The India GRP Pipes Market predominantly revolves around the resin type segment, significantly influencing the performance and applicability of glass-reinforced plastic (GRP) pipes in various industries.

    Resin types such as Epoxy, Polyester, and Vinyl Ester each bring unique properties that cater to specific requirements within the market, targeting sectors like water treatment, construction, and infrastructure development.

    Epoxy resins are known for their superior adhesive properties and chemical resistance, making them suitable for applications that demand durability under challenging environmental conditions.

    Polyester resin, which holds a majority share in the market, provides an economical solution with good mechanical properties and resistance to corrosion, thus rendering it ideal for a range of applications, particularly in the transport of potable water and chemicals.

    GRP Pipes Market End-User Type Insights

    GRP Pipes Market End-User Type Insights

    The India GRP Pipes Market is increasingly influenced by various end-user types, illustrating its expansive applications across multiple industries. The significance of the oil and gas sector is noteworthy, as it demands reliable and durable piping solutions for transportation and distribution.

    Similarly, the chemicals industry benefits from GRP pipes, which offer corrosion resistance and durability essential for handling aggressive materials. Wastewater treatment facilities are another critical market, as demand grows for efficient and long-lasting materials to manage and process wastewater effectively.

    Additionally, the irrigation sector is witnessing rising adoption of GRP pipes, driven by increasing agricultural productivity needs and the push for sustainable water management practices. Other industries, including construction and infrastructure, also contribute to the diverse applications of GRP pipes, showcasing their versatility.

    The overall trends indicate a continuous shift towards advanced piping solutions that enhance durability, reduce maintenance costs, and provide operational efficiency across these sectors, reinforcing the relevance of the India GRP Pipes Market in supporting economic growth and sustainable development initiatives in the country.

    Get more detailed insights about India GRP Pipes Market

    Key Players and Competitive Insights

    The India GRP Pipes Market has witnessed significant growth in recent years, driven by a rising demand for lightweight, corrosion-resistant piping solutions in various sectors including water supply, irrigation, and industrial applications.

    Competitive dynamics within this market are shaped by several key players, each vying for market share through innovation, quality assurance, and strategic collaborations. A comprehensive understanding of the competitive landscape reveals how companies are leveraging their strengths, technological advancements, and customer-centric approaches to enhance their position in the marketplace.

    The interplay of local manufacturing capabilities and international standards also plays a crucial role in defining the competitive scenario, as entities strive to meet the varying needs of consumers while maintaining profitability and market resilience.

    Hindustan Polyamides and Fibres has established itself as a formidable participant in the India GRP Pipes Market thanks to its expansive product portfolio and strategic focus on quality. The company prides itself on utilizing advanced manufacturing processes that ensure the durability and reliability of its pipes, catering effectively to the demanding requirements of various industries.

    Hindustan Polyamides and Fibres' deep understanding of market trends and customer preferences enhances its competitive edge, allowing it to develop innovative solutions tailored for water management and irrigation systems.

    Their commitment to sustainability and environmental considerations also resonates well with contemporary market demands, further solidifying their reputation. This dedication to quality, combined with robust distribution networks across India, enables the company to maintain a strong presence in the GRP pipes sector.

    Finolex Industries is another prominent player in the India GRP Pipes Market, known for its significant contributions to the plastic and piping industry. With a strong focus on manufacturing high-quality GRP pipes, Finolex Industries has developed a comprehensive range of products that cater to various applications including domestic, agricultural, and industrial use.

    The company is recognized for its commitment to research and development, ensuring that its offerings are not only innovative but also enhance the efficiency of water transportation and management. Finolex Industries has established a strong market presence through effective branding and expansive distribution channels across India, allowing it to reach a wide customer base.

    Additionally, strategic mergers and acquisitions have enabled the company to broaden its capabilities and enhance its technological prowess. Their strengths are reflected in their commitment to high-quality products and customer satisfaction, reinforcing their position in the India GRP Pipes Market.

    Key Companies in the India GRP Pipes Market market include

    Industry Developments

    The India GRP Pipes Market has been witnessing significant developments. Recently, in September 2023, Hindustan Polyamides and Fibres announced an expansion in their production capacity to meet rising demand in various sectors such as water supply and sewerage.

    Finolex Industries has also reported a surge in revenue due to increased usage of GRP pipes in irrigation systems, highlighting the shift towards sustainable agriculture solutions. In the same period, manufacturers like Astral Pipes and Supreme Industries are exploring eco-friendly raw materials, aligning with government initiatives aimed at promoting sustainable practices in the plastic sector.

    Additionally, the valuation of companies within the market has increased significantly, with Apex Plastics and Gujarat Pipe reporting impressive quarterly growth figures, reflecting a robust market response to infrastructure development projects across India.

    Notably, there have been no recent merger or acquisition activities reported in the sector for the mentioned companies within the last few months. Major happenings in the last two years also include the government’s focus on improving irrigation facilities and water supply infrastructure, driving the demand for GRP pipes.

    Market Segmentation

    GRP Pipes Market Resin Type Outlook

    • Epoxy
    • Polyester
    • Vinyl Ester

    GRP Pipes Market End-User Type Outlook

    • Oil and Gas
    • Chemicals
    • Wastewater Treatment
    • Irrigation
    • Other

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 410.55(USD Million)
    MARKET SIZE 2024 429.38(USD Million)
    MARKET SIZE 2035 776.69(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 5.536% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Hindustan Polyamides and Fibres, Finolex Industries, Maharashtra Plastic Manufacturers, Apex Plastics, Polycab India, Astral Pipes, Skipper Limited, Jain Irrigation Systems, Prince Pipes and Fittings, Ashirvad Pipes, Kisan Mouldings, Parimal Plastics, Nahar Group, Gujarat Pipe, Supreme Industries
    SEGMENTS COVERED Resin Type, End-User Type
    KEY MARKET OPPORTUNITIES Rising infrastructure development projects, Increasing demand for water management, Growing adoption in wastewater treatment, Expansion in industrial applications, Government initiatives for sustainable materials
    KEY MARKET DYNAMICS Increasing infrastructure development, Growing demand for pipe replacement, Rising environmental concerns, Cost-effective and lightweight materials, Expanding industrial applications
    COUNTRIES COVERED India

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    FAQs

    What is the projected market size of the India GRP Pipes Market in 2024?

    The India GRP Pipes Market is expected to be valued at 429.38 USD Million in 2024.

    What will be the market size of the India GRP Pipes Market by 2035?

    By 2035, the market size for the India GRP Pipes Market is anticipated to reach approximately 776.69 USD Million.

    What is the expected CAGR for the India GRP Pipes Market from 2025 to 2035?

    The expected CAGR for the India GRP Pipes Market from 2025 to 2035 is 5.536 percent.

    What are the major resin types in the India GRP Pipes Market and their projected values in 2024?

    In 2024, the values for major resin types are Epoxy at 150.0 USD Million, Polyester at 171.0 USD Million, and Vinyl Ester at 108.38 USD Million.

    What will be the market value of Epoxy resin in the India GRP Pipes Market by 2035?

    The market value of Epoxy resin in the India GRP Pipes Market is projected to be 290.0 USD Million by 2035.

    Which companies are considered key players in the India GRP Pipes Market?

    Key players in the India GRP Pipes Market include Hindustan Polyamides and Fibres, Finolex Industries, and Astral Pipes among others.

    What is the expected market value for Polyester resin in 2035?

    The expected market value for Polyester resin in the India GRP Pipes Market by 2035 is 315.0 USD Million.

    How is the demand for Vinyl Ester resin expected to change by 2035?

    The demand for Vinyl Ester resin is projected to rise to 171.69 USD Million by 2035.

    What factors are driving growth in the India GRP Pipes Market?

    Factors driving growth in the India GRP Pipes Market include increased demand for lightweight and corrosion-resistant materials in construction and infrastructure projects.

    What challenges does the India GRP Pipes Market face?

    Challenges in the India GRP Pipes Market include competition from alternative materials and fluctuating raw material prices.

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