The Middle East FRP (fiber reinforced plastic) pipe market is forecast to grow at a CAGR of 3.7% by value from 2016 to 2021.The major drivers of growth for this market are increase in construction of water supply systems, development of sewage treatment, and the expanding offshore oil and gas industry.
Emerging trends, which have a direct impact on the dynamics of middle eastern frp pipe industry, include the introduction of onsite manufacturing facilities and increasing rehabilitation activities of pipelines.
A total of 44 figures / charts and 23 tables are provided in this 120-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 middle eastern frp pipe market report, download the report brochure.
The study includes a forecast for opportunities in middle eastern FRP pipe industry by end-use industry and material type as follows:
Middle eastern frp pipe market by end use industry (Volume (Million Pounds/Kiloton) and $ Million shipment from 2010 to 2021):
Oil and Gas Water and Wastewater Chemical/ Industrial Others
Middle eastern frp pipe market by material type (Volume (Million Pounds/Kiloton) and $ Million shipment from 2010 to 2021):
Polyester Composites Vinyl Ester Composites Epoxy Composites
Middle eastern frp pipe companies profiled in this market report include Future Pipe Industries, Aminatit Group, Advanced Pipe and Cast Company, Farassan, and Hobas Pipe are among the major suppliers of FRP pipe.
Lucintel predicts that middle eastern frp pipe demand for epoxy composites in FRP pipes is expected to experience the highest growth in the forecast period, supported by growing demand in water/wastewater, oil and gas, and chemical applications. In this market, glass fiber with polyester, vinyl ester, and epoxy resins are used to manufacture FRP pipes.
On the basis of its comprehensive research, Lucintel forecasts that the water/waste water and chemical segments are expected to show above average growth during the forecast period. Within the FRP pipe market, water/waste water is expected to remain the largest market by value and volume consumption. Increasing establishment of water desalination plants to supply water for industrial and household application to provide potable water is expected to spur growth for this segment over the forecast period.
Some of the features of “Growth Opportunities in the Middle Eastern FRP Pipe Market by End Use Application from 2016 to 2021” include:
Market size estimates: Middle Eastern FRP pipe market size estimation in value ($M) and Volume (M lbs).Trend and forecast analysis: Middle Eastern FRP pipe market trend (2010-2015) and forecast (2016-2021) by segment.Segmentation analysis: Middle Eastern FRP pipe market size by various end use applications such as oil and gas, water/ wastewater, chemical/ industrial, and others; both in terms of value and volume.Growth opportunities: Analysis on growth opportunities in different segment and regions. Strategic analysis: This includes M&A, new product development, and expansion strategies of manufacturers in the Middle Eastern FRP pipe market.Emerging applications: Emerging applications of Middle Eastern FRP pipe market in various markets. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 10 key questions:
Q.1. What are some of the potential, high-growth opportunities in the Middle East FRP Pipe Market by end use applications and material type?
Q.2. Which product segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the drivers and challenges in the market?
Q.4. What are the business risks and competitive threats in middle eastern frp pipe mafrket?
Q.5. What are emerging trends in this market and reasons behind them?
Q.6. What are some changing demands of customers in the market?
Q.7. What are the new developments in the market and which middle eastern frp pipe companies are leading these developments?
Q.8. Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.9. What are some of the competitive products in this area and how great a threat do they pose for loss of market share through product substitution?
Q.10.What M & A activities has transpired in the last 5 years in this market and what is its impact on the industry?