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Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size 2031
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Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size 2031

Segments - Fiber Reinforced Thermoplastic Pipes (FRTP) Market by Types (Subsea & Offshore Type, and Onshore Type), Applications (Gas Distribution & Transport, Water Injection Lines, Oil Flow Lines, and Others), and Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

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Author : Riddhesh Dani
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Editor : Shruti Bhat

Upcoming | Report ID :MC-1434 | 4.1 Rating | 73 Reviews | 190 Pages | Format : PDF Excel PPT

Report Description


The global fiber reinforced thermoplastic pipes (FRTP) market size was USD 1.5 billion in 2020 and is expected to expand at a CAGR of 3.5% during the forecast period, 2021–2028. The growth of the market is attributed to the increasing use of thermoplastic pipes as a substitute to steel pipes, which directly helps companies and operators to increase efficiency and productivity and cost-effectiveness.

Global Fiber Reinforced Thermoplastic Pipes (FRTP) Market Key Takeaways

FRTP confers high strength-to-weight ratio, extended pipe lifetime, sound durability, superior chemical and heat resistance, and be easily integrated in the system.

  • Rising demand for pipes that provide high strength and durability for water, wastewater, and chemical facilities are expected to drive the market growth during the forecast period.
  • Growing requirement for materials that can ensure maximum performance in the tough environments is projected to boost the market expansion during the forecast period.
  • Increasing adoption of FRPT to prevent corrosion, reduce weight, increase flexibility is speculated to proliferate the market growth.
  • The substantial increase in oil & gas production is speculated to stimulate the growth of the market.

Scope of the Report

The report on the global fiber reinforced thermoplastic pipes (FRTP) market
includes an assessment of the market, trends, segments and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Fiber Reinforced Thermoplastic Pipes (FRTP) Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Subsea & Offshore Type and Onshore Type) and Applications (Gas Distribution & Transport, Water Injection Lines, Oil Flow Lines, and Others).

Regional Scope

North America, Latin America Europe, Asia Pacific, and Middle East & Africa

Report Coverage

Market Analysis and Size, Market Segment, Competitive Landscape, Driving Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

TechnipFMC, GE Oil and Gas, National Oilwell Varco, Shawcor, Airborne Oil and Gas, Wienerberger, Cosmoplast, Polyflow, LLC, PES.TEC, and Aerosun Corporation

Fiber Reinforced Thermoplastic Pipes (FRTP) Market

Subsea & offshore segment to constitute a key market share

Based on types, the market is divided into subsea & offshore type and onshore type. The subsea & offshore segment is expected to constitute a key market share during the forecast period. Increasing use of FRTP in production flow lines is driving the segment growth. High production of crude oil in offshore oilfields is expected to drive the market segment growth.

Global Fiber Reinforced Thermoplastic Pipes (FRTP) Market Types

Gas distribution & transport segment to dominate the market

On the basis of applications, the market is segmented into gas distribution & transport, Water injection lines, oil flow lines and others. The gas distribution and transport segment is expected to expand at a CAGR of 3.4% during the forecast period. The primary use of FRTP has been in the upstream oil & gas industry for a range of applications covering oil gathering, gas gathering, water injection and water disposal. Therefore, followed by gas distribution, the oil flow lines segment is expected to account a significant market share in the projected line. Moreover, increasing demand for high performance materials, high strength reinforcements, and unique construction is projected to propel the market segment.

Global Fiber Reinforced Thermoplastic Pipes (FRTP) Market Applications

North America to account a large market share

In terms of regions, the market is classified as North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America is expected to account for a large market share owing to the high investments by the government in water treatment and the potable water supply industry. Increasing shale gas exploration activities in the US has resulted into the demand for durable piping solutions, boosting the market growth in the region, followed by Europe and Asia Pacific. Moreover, increasing technological innovations and a wide range of applications are driving the demand for FRTP in countries such as the US and Canada, spurring the regional market growth.

Segments

Segments Covered in the Report

Types
  • Subsea and Offshore Type
  • Onshore Type
Applications
  • Gas Distribution and Transport
  • Water Injection Lines
  • Oil Flow Lines
  • Others
Regions
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Key players
  • TechnipFMC
  • GE Oil and Gas
  • National Oilwell Varco
  • Shawcor
  • Airborne Oil and Gas
  • Wienerberger
  • Cosmoplast
  • Polyflow, LLC
  • PES.TEC
  • Aerosun Corporation

Competitive Landscape

The major players covered in the fiber reinforced thermoplastic pipes market report are TechnipFMC, GE Oil and Gas, National Oilwell Varco, Shawcor, Airborne Oil and Gas, Wienerberger, Cosmoplast, Polyflow, LLC, PES.TEC, and Aerosun Corporation.

 Companies are engaging acquisition and mergers, research & development, and product development to expand their market share.

Global Fiber Reinforced Thermoplastic Pipes (FRTP) Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fiber Reinforced Thermoplastic Pipes (FRTP) Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Fiber Reinforced Thermoplastic Pipes (FRTP) Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Fiber Reinforced Thermoplastic Pipes (FRTP) Market - Supply Chain
  4.5. Global Fiber Reinforced Thermoplastic Pipes (FRTP) Market Forecast
     4.5.1. Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Fiber Reinforced Thermoplastic Pipes (FRTP) Market Absolute $ Opportunity
5. Global Fiber Reinforced Thermoplastic Pipes (FRTP) Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Types
     5.3.1. Subsea and Offshore Type Onshore Type
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Fiber Reinforced Thermoplastic Pipes (FRTP) Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Applications
     6.3.1. Gas Distribution and Transport Water Injection Lines Oil Flow Lines Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Fiber Reinforced Thermoplastic Pipes (FRTP) Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Fiber Reinforced Thermoplastic Pipes (FRTP) Demand Share Forecast, 2019-2026
8. North America Fiber Reinforced Thermoplastic Pipes (FRTP) Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Types
     8.4.1. Subsea and Offshore Type Onshore Type
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Applications
     8.7.1. Gas Distribution and Transport Water Injection Lines Oil Flow Lines Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Fiber Reinforced Thermoplastic Pipes (FRTP) Demand Share Forecast, 2019-2026
9. Latin America Fiber Reinforced Thermoplastic Pipes (FRTP) Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Types
     9.4.1. Subsea and Offshore Type Onshore Type
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Applications
     9.7.1. Gas Distribution and Transport Water Injection Lines Oil Flow Lines Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Fiber Reinforced Thermoplastic Pipes (FRTP) Demand Share Forecast, 2019-2026
10. Europe Fiber Reinforced Thermoplastic Pipes (FRTP) Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Types
     10.4.1. Subsea and Offshore Type Onshore Type
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Applications
     10.7.1. Gas Distribution and Transport Water Injection Lines Oil Flow Lines Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Fiber Reinforced Thermoplastic Pipes (FRTP) Demand Share Forecast, 2019-2026
11. Asia Pacific Fiber Reinforced Thermoplastic Pipes (FRTP) Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Types
     11.4.1. Subsea and Offshore Type Onshore Type
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Applications
     11.7.1. Gas Distribution and Transport Water Injection Lines Oil Flow Lines Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Fiber Reinforced Thermoplastic Pipes (FRTP) Demand Share Forecast, 2019-2026
12. Middle East & Africa Fiber Reinforced Thermoplastic Pipes (FRTP) Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Types
     12.4.1. Subsea and Offshore Type Onshore Type
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Fiber Reinforced Thermoplastic Pipes (FRTP) Market Size and Volume Forecast by Applications
     12.7.1. Gas Distribution and Transport Water Injection Lines Oil Flow Lines Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Fiber Reinforced Thermoplastic Pipes (FRTP) Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Fiber Reinforced Thermoplastic Pipes (FRTP) Market: Market Share Analysis
  13.2. Fiber Reinforced Thermoplastic Pipes (FRTP) Distributors and Customers
  13.3. Fiber Reinforced Thermoplastic Pipes (FRTP) Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. TechnipFMC GE Oil and Gas National Oilwell Varco Shawcor Airborne Oil and Gas Wienerberger &

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