The future of the North American FRP pipe looks good with growth opportunities in the oil and gas, chemical, sewer gravity, retail fuel, and portable water market. The North American FRP pipe market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $0.7 billion by 2025 with a CAGR of 1% to 3% from 2020 to 2025. The major drivers for this market are increase in construction of water supply system, development of sewage treatment, and increasing oil and gas exploration activities. 

 

Emerging trends, which have a direct impact on the dynamics of the North American FRP pipe industry, include the introduction of onsite FRP pipe manufacturing facilities and development of grooved coupling method of join FRP pipe. 

 

A total of 87 figures / charts and 42 tables are provided in this 124 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of North American FRP pipe market report download the report brochure.

 

NA FRP pipe opportunities have evolved through number of stages as presented in figure below:
 

Evolution of NA FRP Pipe Opportunities