Fiber Reinforced Plastic (FRP)/Glass Reinforced Plastic (GRP)/Glass Reinforced Epoxy (GRE) Pipes Market

By Fiber Type;

Glass Fiber and Carbon Fiber

By Resin Type;

Polyester, Epoxy, Vinyl Ester, and Others

By Material Type;

Fiberglass Reinforced Plastic (FRP) and Glass Reinforced Plastic (GRP)

By End-User;

Oil & Gas, Sewage, Chemical, Irrigation, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn152035991 Published Date: August, 2025 Updated Date: September, 2025

FRP/GRP/GRE Pipe Market Overview

FRP/GRP/GRE Pipe Market (USD Million)

FRP/GRP/GRE Pipe Market was valued at USD 3,680.19 million in the year 2024. The size of this market is expected to increase to USD 4,745.93 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.7%.


Fiber Reinforced Plastic (FRP)/Glass Reinforced Plastic (GRP)/Glass Reinforced Epoxy (GRE) Pipes Market

*Market size in USD million

CAGR 3.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.7 %
Market Size (2024)USD 3,680.19 Million
Market Size (2031)USD 4,745.93 Million
Market ConcentrationHigh
Report Pages370
3,680.19
2024
4,745.93
2031

Major Players

  • Future Pipe Industries
  • Al Hashem
  • National Oilwell Varco
  • Hubei Aofenglian Composite Material Co., Ltd
  • Hexion Inc
  • Enduro Composites
  • Sarplast
  • Brevini Fluid Power
  • Schlumberger
  • Ashapura Minechem Ltd

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Fiber Reinforced Plastic (FRP)/Glass Reinforced Plastic (GRP)/Glass Reinforced Epoxy (GRE) Pipes Market

Fragmented - Highly competitive market without dominant players


The Fiber Reinforced Plastic (FRP), Glass Reinforced Plastic (GRP), and Glass Reinforced Epoxy (GRE) Pipes Market is expanding rapidly, driven by their corrosion resistance, lightweight nature, and durability. These properties make them a superior alternative to conventional piping systems. Currently, more than 45% of industrial fluid transport systems are shifting to composite pipes, highlighting their growing acceptance across industries.

Expanding Industrial Utilization
Industries such as oil & gas, chemicals, and water treatment are increasingly adopting FRP, GRP, and GRE pipes. Their ability to perform in corrosive environments without frequent maintenance is a major advantage. Over 55% of chemical processing facilities now use these pipes, underlining the strong trend toward reliable and long-lasting pipeline systems.

Innovation in Materials
Advances in glass fiber reinforcement and epoxy formulations are significantly improving the strength and reliability of these pipes. GRE variants deliver up to 60% higher pressure resistance than traditional piping, making them suitable for demanding environments like offshore drilling and desalination projects. Such innovations are boosting confidence in their use for critical operations.

Cost & Environmental Benefits
Composite pipes provide economic and ecological advantages. They can cut lifecycle costs by 30% compared to steel or metal pipes while ensuring extended operational life. Their lightweight design also supports 40% energy savings in handling and installation, making them an eco-conscious choice in line with sustainable infrastructure development.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Fiber Type
    2. Market Snapshot, By Resin Type
    3. Market Snapshot,By Material Type
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. FRP/GRP/GRE Pipe Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Lightweight and corrosion-resistant materials
        2. Growing demand in construction
        3. Cost-effective compared to metals
        4. Easy installation and maintenance
      2. Restraints
        1. High initial material costs
        2. Limited temperature resistance
        3. Susceptibility to UV degradation
        4. Market competition from alternatives
      3. Opportunities
        1. Expansion in emerging markets
        2. Advancements in manufacturing technologies
        3. Increasing infrastructure projects
        4. Rising demand for sustainable materials
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competititve Rivalry
  5. Market Segmentation
    1. FRP/GRP/GRE Pipe Market, By Fiber Type, 2021 - 2031 (USD Million)
      1. Glass Fiber
      2. Carbon Fiber
    2. FRP/GRP/GRE Pipe Market, By Resin Type, 2021 - 2031 (USD Million)
      1. Polyester
      2. Epoxy
      3. Vinyl Ester
      4. Others
    3. FRP/GRP/GRE Pipe Market, By Material Type, 2021 - 2031 (USD Million)

      1. Fiberglass Reinforced Plastic (FRP)

      2. Glass Reinforced Plastic (GRP)

    4. FRP/GRP/GRE Pipe Market, By End-User, 2021 - 2031 (USD Million)
      1. Oil & Gas
      2. Sewage
      3. Chemical
      4. Irrigation
      5. Others
    5. FRP/GRP/GRE Pipe Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Future Pipe Industries
      2. Al Hashem
      3. National Oilwell Varco
      4. Hubei Aofenglian Composite Material Co., Ltd
      5. Hexion Inc
      6. Enduro Composites
      7. Sarplast
      8. Brevini Fluid Power
      9. Schlumberger
      10. Ashapura Minechem Ltd
  7. Analyst Views
  8. Future Outlook of the Market