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North American FRP Pipe Market Trends and Forecast
The future of the North American FRP pipe market looks promising with opportunities in the oil and gas, retail fuel, water/wastewater, sewage, pulp/paper, and chemical/industrial. The North American FRP pipe market is expected to reach an estimated $1.0 billion by 2028 with a CAGR of 3.9% from 2023 to 2028. The major drivers for this market are increasing construction of water supply systems, further development of sewage treatment systems, and increasing oil and gas exploration activities.