Fibre Reinforced Plastic Pipes Market Projected to Reach USD 3.9 Billion By 2030
According to Custom Market Insights (CMI), The Global Fibre Reinforced Plastic Pipes Market Size was valued at USD 2.2 Billion in 2021 and is estimated to reach USD 3.9 Billion by the end of 2030 at a CAGR of approximately 6.7% during the forecast period 2022-2030. The FRP, or reinforced plastic, is a sophisticated material of a complex polymer matrix reinforced with various fiber types, such as glass, carbon, basalt, etc. The polymer becomes a reinforced polymer after being combined with fiber. Numerous industries use these fibers, including aerospace, building, and automobiles. The wrapping of glass using fiber filaments to create the FRP pipes results in non-metallic materials. Epoxy resin and a heat-curing agent are blended to create these fibers. The FRP pipes are used in piping systems, tankers, ship compartments, etc. The pipe’s diameter and bending angle change depending on the need. Browse the full “ Fibre Reinforced Plastic Pipes Market Size, Trends and...