Future Growth of FRP/GRP/GRE Pipes Market to Reach $6.72 billion by 2030
Expansion of the FRP/GRP/GRE Pipes Market
The FRP (Fiber Reinforced Plastic), GRP (Glass Reinforced Plastic), and GRE (Glass Reinforced Epoxy) pipes market is on a robust growth trajectory, anticipated to reach an impressive valuation of approximately $6.72 billion by the year 2030. According to a recent report by MarketsandMarkets, this market, which was valued at about $5.14 billion in 2025, is projected to grow at a compound annual growth rate (CAGR) of 5.5% during the period from 2025 to 2030.
Factors Driving Market Growth
One of the primary drivers for this upward trend is the increasing focus on reliability and longevity in transport systems across various industries. Key sectors such as water treatment, chemical processing, marine transportation, and energy are progressively substituting older piping materials, like metal and concrete, with advanced composite piping solutions. These traditional materials often face issues such as corrosion, scaling, and the need for frequent replacements due to their limited lifespan. In contrast, composite piping products offer significant performance advantages, including enhanced strength-to-weight ratios, lower installation costs, minimized downtime, and broad compatibility with aggressive fluid environments.
Additionally, the urgency to address global climate change and the critical need for sustainable water sources have propelled investments into new desalination facilities, recycling projects, and wastewater treatment plants, all of which require durable and effective piping materials capable of performing under extreme conditions.
Market Segmentation Insights
By Type
Among the various segments of the market, the GRE segment is estimated to expand at the fastest pace, with a projected CAGR of 6.0%. Its superior mechanical strength and excellent resistance to pressure and aggressive chemicals make GRE an ideal choice for demanding applications in industries such as oil and gas production, offshore platforms, and petrochemical plants.
By Fiber Type
Analysis indicates that the e-glass fiber type will see a growth rate of 6.1%, underscoring its rising popularity in the manufacturing of durable pipeline systems.
By Diameter
In terms of diameter, the 300-1200 mm segment is expected to experience the fastest growth as these pipe sizes are essential in urban and industrial investments. They facilitate water transport, sewage collection, and stormwater drainage, reflecting a need for efficient infrastructure in growing cities.
By Manufacturing Process
The filament winding process emerges as the cornerstone manufacturing technology for FRP/GRP/GRE pipes, promising accuracy, reliability, and efficiency. This method allows manufacturers to achieve high-strength, lightweight pipes necessary for oil and gas applications, chemical processing, and desalination plants.
Geographical Insights
Regionally, while the global landscape for FRP/GRP/GRE pipes is vast, the Middle East and Africa are predicted to exhibit significant growth, propelled by extensive infrastructure projects and urbanization aimed at addressing rising water demands in the region. Countries like Saudi Arabia and the UAE are heavily investing in desalination and sewage systems, increasing the demand for advanced piping solutions.
Key Players in the Market
Prominent players in the FRP/GRP/GRE pipes market include NOV, Future Pipe Industries, and Amiantit Company, all of whom leverage their extensive industry knowledge and financial strength to drive innovation and meet the growing demands of this market.
In conclusion, as industries increasingly recognize the benefits of advanced piping solutions, the future of the FRP/GRP/GRE pipes market looks exceedingly bright, driven by technological advancements and a shift towards sustainable practices.