Glass Reinforced Epoxy Pipes Industry 2021 : Asia Pacific Accounts Significant Growth for Market Size & Share, Major Manufacturers Analysis and Forecast by 2031 - Digital Journal

2022-07-30 07:10:11 By : Ms. Amy li

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Glass Reinforced Epoxy (GRE) Pipe Market Outlook 2031

Glass reinforced epoxy (GRE) pipes are increasingly being adopted in industries due to high mechanical and lightweight properties, strength, and durability. Owing to high mechanical properties than that of cement pipes, GRE pipes can be used in the supply of drinking water, wastewater, gases, and fumes. GRE pipes are used to replace cast iron pipes for their good corrosion resistance. 

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Glass Reinforced Epoxy (GRE) Pipe Market: Dynamics

GRE pipes maintain up to 70 bar pressure, and temperature up to 150˚C. Mechanical property of GRE pipe is quite high as compared to others pipes. Life of GRE pipe is much longer than others. The weight of the GRE pipe is very less. Thus, GRE pipes can replace existing pipes.

Cement pipes are used for the supply of drinking water, wastewater, gases, and fumes. These can be replaced by GRE pipes, as GRE pipes have good mechanical property compared to cement pipes. GRE pipes are 70% lighter than cement pipes. GRE pipe is also available in diameters from 25mm up to 1200mm in various strength classes, and minimum diameter of cement is 100 mm. Thus, pipes below 100 mm diameter can be replaced by GRE pipes.

GRE pipe is a promising alternative for cast iron pipes due to their good corrosion resistance. GRE pipes have antifouling and anti-mite properties; therefore, the surface of the resin is clean and smooth, and does not get contaminated by microorganisms. GRE pipes also have good heat resistance and frost resistance. This helps pipes withstand different temperatures.

GRE pipes have good operating and design temperatures compared to high density polyethylene pipes. GRE pipes do not undergo stress even at high temperatures. These pipes can handle more pressure than HDPE pipes. Their installation process is also quite easy. HDPE pipes are only available up to 600 diameters. Therefore, GRE pipes can be used above 600 mm. Life of GRE pipes is much longer than that of HDPE pipes.

Glass Reinforced Epoxy (GRE) Pipe Market: Prominent Regions

Based on region, the global glass reinforced epoxy (GRE) pipe market can be segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.

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In terms of revenue, Asia Pacific dominated the global glass reinforced epoxy (GRE) pipe market in 2020. Rise in middle class population, increase in disposable income of consumers, and advancements made in science and technology are anticipated to fuel the demand for glass reinforced epoxy (GRE) pipe in the region.

Growth of the GRE pipe market in North America can be ascribed to the rise in investments in product manufacturers as well as processing units.

The GRE pipe market in Europe is also expected to expand at a significant peace during the forecast period. The region is characterized by innovative growth and stringent regulations. Supportive governmental policies toward the usage of biodegradable plastics and increase in awareness about biodegradable products among consumers are key factors boosting the glass reinforced epoxy (GRE) pipe market in Europe.

Glass Reinforced Epoxy (GRE) Pipe Market: Key Players

The global glass reinforced epoxy (GRE) pipe market is fragmented, with the presence of large numbers of players. Key players operating in the global glass reinforced epoxy (GRE) pipe market are Amiantit Fiberglass Industries Limited, Future Pipe Industries, National Oilwell Varco, Amerplastics, HOVOY Composite, Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd., SUZHOU JIUMEI FIBER GLASS Co, Ltd., Megha Engineering & Infrastructures Limited, EPP Composites Pvt. Ltd., and HLB Co. Ltd.

Global Glass Reinforced Epoxy (GRE) Pipe Market: Segmentation

Glass Reinforced Epoxy (GRE) Pipe Market, by Process

Glass Reinforced Epoxy (GRE) Pipe Market, by Application

Rise in Applications of Glass Reinforced Epoxy (GRE) Pipes in Industries

Owing to anti-corrosive properties, GRE pipes are widely used in the oil & gas companies across the globe. These pipes can withstand high pressure and high stress. GRE pipes are exposed to different environmental parameters such as UV radiations, temperature, and humidity in desert oil fields.

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GRE pipes are corrosion resistive and durable, and they do not need any process of protection such as cathodic protection. There is an increasing demand for GRE pipes in wastewater treatment applications, as they are highly resistant to corrosion caused by saltwater, chemicals, residues, and bacteria. Similarly, GRE pipes resist external corrosion even in aggressive marine environments.

The growing application of GRE pipes in ballast, bilge, fuel, cleaning, ventilation, cooling, fireproof, and other piping systems is expected to drive the global glass reinforced epoxy (GRE) pipe market in the upcoming years.

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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

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