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FRP/GRP/GRE Pipes Market worth $6.72 billion by 2030 - Exclusive Report by MarketsandMarkets™
The FRP/GRP/GRE Pipes market is projected to grow from $5.14 billion in 2025 to $6.72 billion by 2030, at a CAGR of 5.5%. This growth is driven by industries focusing on durability and efficiency in fluid transport, replacing traditional pipes with composite materials that offer superior performance. Key segments include GRE pipes, expected to grow at 6.0%, and e-glass fibers at 6.1%. The sewage pipe segment is anticipated to be the fastest-growing in value. Major players include NOV and Future Pipe Industries, with advancements in manufacturing technologies enhancing product versatility.
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