Introducing Latest Industry Glass Reinforced Plastic Piping Market 2018 – 2024

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Glass Reinforced Plastic (GRP) Piping Market
Growth, Application Analysis from 2018 to 2024
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Global Market Scenario of Glass Reinforced
Plastic (GRP) Piping Market

• GRP Piping Market size will surpass USD 8 billion
  by 2024 according to a new research report by
  Global Market Insights, Inc.
• Sustainability will essentially be the foundation
  of the future piping industry. GRP pipes have
  been emerged as the optimal solution which not
  only involve innovative engineering, but increase
  the investment returns, as compared to the
  conventional pipe materials.
• These glass reinforced plastic pipes combine the
  benefits of durability, strength and corrosion
  resistance, and offer great design flexibility.
• These pipes are 10 times lighter as compared to
  concrete and result in an improved efficiency
  with lesser stresses, superior mechanical and
  chemical properties.
• GRP pipes meet the most stringent requirements as
  far as the chemical resistance and mechanical
  strength are considered.

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• A recent study by the Norwegian University of
  Life Sciences concluded that on account of the
  high efficiency of GRP pipes, they have a minimal
  negative environmental effect, in contrast to the
  other pipe materials. Such trends will encourage
  glass reinforced plastic piping market growth by
  2024.
• Hydropower has been the foremost renewable source
  of generating electricity across the globe,
  supplying as high as 71 of the renewable
  electricity. In 2016, about 16.4 of the global
  electricity was generated by hydropower, thereby
  reaching 1,064 GW of installed capacity.

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U.S. GRP Piping Market size, by Application,
2013 - 2024 (USD Billion)
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360 Industry Analysis

• Vinyl ester resins will observe the significant
  gains surpassing CAGR 5 in global GRP piping
  market by 2024. These are less absorbent of water
  than polyester resins due to a more tightly
  bonded structure of the side groups and are
  suitably used in the organic solvent
  environments. Vinyl ester-based GRP piping are
  used mainly in the aboveground applications with
  temperature up to 850C. Polyester resins glass
  reinforced plastic piping market held a share
  close to 30 in 2017. These are used instead of
  vinyl ester and epoxy resins in some cases for
  their low cost and a faster curing time.

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• Regional Analysis
• Global GRP piping market was led by Asia Pacific
  region in 2017. The regional industry will
  witness significant demand for these pipes from
  the power sector. For instance, in 2016 the total
  installed capacity for power generation in India
  was 3,30,154 MW and it will hold significant
  expansion potential in the coming years.
• Competitive Analysis
• Few significant players in the GRP piping market
  include HOBAS, Plasticon Composites, China
  National Building Material Company, SUPERLIT Boru
  San. A.?, Sarplast SA, TECHNOBELL Ltd., etc.

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Latest Research Report On Glass Reinforced
Plastic (GRP) Piping Market _at_ https//bit.ly/2LlY
eJh Request for sample of this research report_at_
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