Rising Demand for Complex Piping System in Oil and Gas Industry Fuels FRP Pipe Market

FRP or fiber reinforced plastic pipes are mainly made up of polymer matrix which is further reinforced with different fibers such as basalt, carbon, and glass. FRP pipes are mostly cylindrical composite pipes which made use of polymer and fiber as a composite material. Various others fibers such as paper, wood, and asbestos are strictly not used in making such pipes due to their relatively higher prices and lower strength. However, the most preferred polymers in manufacturing FRP pipes are epoxy, vinyl ester, and polyester thermosetting plastic. Such pipes are widely used in construction, water and waste water treatment, and marine.

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FRP pipes are extensively used in large-scale construction piping systems, and various industrial process equipment as they provide long product life along with minimum maintenance. Such pipes exhibit excellent corrosion resistance capabilities, due to which it is widely adopted in power generation, desalination, and petrochemical industries. FRP pipes can be installed with minimum tools and equipment and they are also lightweight. Such USPs are believed to driving the global FRP pipe market.

Going forward, the global FRP pipe market is expected to grow at a solid pace owing to its large-scale applications in various industries.

Rising Construction Industry Stokes Demand in FRP Pipe Market

Growing demand for oil and gas industry and wastewater treatment, and rising need for complex piping system in oil and gas industry are also expected to fuel the growth in the global FRP pipe market. Apart from these, increasing demand for high strength, reliable and cost effective pipe system, growing need for stable, flexible, and durable fiber based pipes in oil and gas industry for frac plugs, tanks, balls, and offshore drilling, and rapid incorporation of smart technologies into piping are projected to propel the demand in the global FRP Pipe market.

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Furthermore, due to the larger diameter, FRP pipes helps in reducing energy pumping cost. All such benefits are expected to boost the global FRP pipe market.

Author: Rohit Bhisey

As Head of Marketing at TMR Research, Rohit brings to the table over a decade of experience in market research and Internet marketing. His dedication, perseverance, and passion for perfection have enabled him to achieve immense success in his field. Rohit is an expert at formulating new business plans and strategies to help boost web traffic. His interests lie in writing news articles on technology,healthcare and business.

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