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GRP ÆÄÀÌÇÁ°¡ Áß¿ä ÀÎÇÁ¶ó ¿ëµµ¿¡¼­ ºÎ»óÇÏ´Â ÀÌÀ¯´Â ¹«¾ùÀΰ¡?

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Global Glass Reinforced Plastic (GRP) Pipes Market to Reach US$5.6 Billion by 2030

The global market for Glass Reinforced Plastic (GRP) Pipes estimated at US$4.8 Billion in the year 2024, is expected to reach US$5.6 Billion by 2030, growing at a CAGR of 2.9% over the analysis period 2024-2030. Epoxy Resin, one of the segments analyzed in the report, is expected to record a 3.2% CAGR and reach US$3.6 Billion by the end of the analysis period. Growth in the Polyester Resin segment is estimated at 2.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.3 Billion While China is Forecast to Grow at 5.5% CAGR

The Glass Reinforced Plastic (GRP) Pipes market in the U.S. is estimated at US$1.3 Billion in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 5.5% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.1% and 2.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.

Global "Glass Reinforced Plastic (GRP) Pipes" Market - Key Trends & Drivers Summarized

Why Are GRP Pipes Gaining Ground in Critical Infrastructure Applications?

Glass Reinforced Plastic (GRP) pipes are increasingly preferred for infrastructure projects due to their outstanding corrosion resistance, lightweight structure, and long service life. These composite pipes, made from thermosetting resins reinforced with glass fibers, offer a durable alternative to traditional materials like steel, concrete, and ductile iron, especially in water supply, wastewater treatment, and industrial fluid handling. Their ability to withstand chemical exposure, temperature variation, and mechanical stress makes them particularly attractive for harsh operational environments such as desalination plants, chemical refineries, and oil & gas fields. With growing investments in urban infrastructure and utilities modernization, GRP pipes are playing a critical role in delivering cost-effective, low-maintenance solutions to meet long-term operational needs.

What Technological Innovations Are Reshaping GRP Pipe Manufacturing and Performance?

Advancements in filament winding, centrifugal casting, and resin infusion techniques are driving the performance and reliability of GRP pipes. Modern GRP pipes can now be tailored with specific pressure ratings, diameters, and jointing systems that suit complex project requirements, including trenchless installations and high-pressure zones. Enhanced epoxy and vinyl ester resins offer greater chemical resistance and mechanical strength, expanding the use of GRP pipes in industrial and offshore applications. Additionally, manufacturers are integrating smart features such as embedded RFID tags and condition-monitoring sensors, enabling real-time performance tracking and predictive maintenance. The growing emphasis on digital twin integration and BIM compatibility in infrastructure design is also contributing to broader GRP adoption, as engineers seek interoperable and data-rich pipeline solutions.

How Are Regional and Sectoral Demands Influencing the GRP Pipe Market Landscape?

The Middle East remains a dominant market for GRP pipes, fueled by massive investments in water infrastructure, desalination, and oil exploration. Countries like Saudi Arabia, the UAE, and Qatar favor GRP for its corrosion-proof properties and low lifecycle cost in desert environments. In Asia-Pacific, fast-paced urbanization in India, China, and Southeast Asia is creating strong demand for sewerage systems, irrigation networks, and industrial fluid transport-sectors well served by GRP solutions. Europe and North America, while more mature markets, are replacing aging metallic pipeline systems with GRP alternatives due to rising environmental and performance standards. Moreover, Africa and Latin America are emerging markets where international development funding and public-private partnerships are enabling adoption in water access, mining, and sanitation infrastructure.

What Are the Key Growth Drivers and Challenges in the GRP Pipes Market?

The growth in the GRP pipes market is driven by the push for corrosion-free, low-maintenance pipeline solutions in infrastructure, energy, and industrial sectors. Their light weight reduces transportation and installation costs, while their long operational lifespan (often exceeding 50 years) appeals to municipalities and utilities seeking cost predictability. The rising need for sustainable materials in construction and water management is also reinforcing GRP's position as a strategic asset. However, the market faces challenges including relatively high initial costs compared to PVC or HDPE, lack of standardization in some regions, and the need for trained installation personnel. Despite these hurdles, continuous R&D, increasing international standards compliance, and enhanced contractor education are helping overcome adoption barriers. The market outlook remains highly favorable as global infrastructure spending continues to rise and the demand for resilient, future-proof piping systems grows.

SCOPE OF STUDY:

The report analyzes the Glass Reinforced Plastic (GRP) Pipes market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:

Resin Type (Epoxy Resin, Polyester Resin, Vinyl Ester Resin); End-Use (Oil & Gas End-Use, Chemicals End-Use, Wastewater Treatment End-Use, Irrigation End-Use, Other End-Uses)

Geographic Regions/Countries:

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by increasing the Cost of Goods Sold (COGS), reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

III. MARKET ANALYSIS

IV. COMPETITION

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