• Blog
  • x

    We are working from home under lockdown. Our team is continuously tracking the impact of COVID-19 across different industries and we will incorporate those insights in our reports. For any specific query, mail us at [email protected]

    Frp Water Wastewater Pipe Market | Covid-19 Impact Analysis

    Frp Water Wastewater Pipe Market | Covid-19 Impact Analysis

    Frp Water Wastewater Pipe Market | Covid-19 Impact Analysis
    Report code - SRAM448 Published On : Oct,2020 No. of Pages: 250
    FRP Water/Wastewater Pipe Market by Application Type (Water Transmission & Distributio See more...
    Purchase Report
    notch

    Impact of COVID-19 on Frp Water Wastewater Pipe Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on Frp Water Wastewater Pipe Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s FRP water/wastewater pipe market realities and future market possibilities for the forecast period of 2021 to 2026. The report estimates the short- as well as long-term repercussions of the COVID-19 pandemic on the demand for FRP water/wastewater pipes at the global-, regional-, as well as country-level. Also, the report provides the possible loss that the industry will register by comparing pre-COVID and post-COVID scenario. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of low-hanging fruits available in the market as well as formulate growth strategies.

    FRP Water/Wastewater Pipe Market: Highlights

    FRP (fiberglass-reinforced plastic) pipe is generally made up of resin such as polyester, vinyl ester, epoxy reinforced with glass fiber. Over the eons, FRP pipes have emerged as one of the most favored alternatives to conventional pipes, such as steel, concrete, and plastics, in water/wastewater applications, owing to their greater durability and excellent corrosion resistance. Being up to 75% lighter than steel pipe, FRP pipe allows faster installation and demand lower installation as well as maintenance cost. FRP pipes effectively maintain the temperature because of their low thermal insulating property. Other than water/wastewater, FRP pipes are also widely used in chemical & industrial, oil & gas, and marine & offshore applications.

    Impact of COVID-19 on the Global FRP Water/Wastewater Pipe Market

    The COVID-19 outbreak has severely impacted the infrastructure spending of the world including spending on water/wastewater infrastructure. Also, there has been a sharp plummet (-27%) in the demand for water from industrial and commercial users in the wake of the pandemic. A similar decline is estimated in the demand for FRP pipes in water/wastewater applications in the year 2020. It is anticipated that the market will log a V-shaped curve similar to the previous downturn, such as SARS (2003) and The Great Recession (2008-2009). However, the curve of the V-shape would be deeper than the ones registered in SARS and MERS with huge short-term repercussions. The FRP pipe market for water/wastewater applications is anticipated to plateau in 2021, followed by sequential growth, ultimately forming a healthy CAGR of 4.1% during 2021-2026.

    FRP Water/Wastewater Pipe Market Share Analysis

    Sewer & Storm Water to be the Most Dominant Application Type

    Based on the application type, the market is segmented as water transmission & distribution, sewer & stormwater, drainage, and others. Sewer & stormwater is likely to remain the most dominant application type in the market during the forecast period. Concrete and steel are the most dominant material pipe materials used for sewer & stormwater applications. Over the eons, the industry noticed a gradual shift from conventional pipes to FRP pipes, driven by their long list of benefits including durability and extended the system’s life cycle, making FRP pipe an economical solution for the water/wastewater application.

    Polyester Maintains its Ubiquitous Lead in the Market

    Based on the resin type, the market is classified as polyester, vinyl ester, and epoxy. Polyester is likely to remain the most dominant resin type in the market during the forecast period. Water/wastewater is a price-sensitive application and demands products at a competitive price. Polyester resin has the lowest cost among thermoset resins including vinyl ester and epoxy and offers excellent chemical and corrosion resistance and moderate mechanical, physical, and thermal properties. The resin system has an unassailable dominance across regions.

    Filament Winding Has Incessantly Been Gaining Preference.

    Based on the manufacturing process type, the market is classified as filament winding, centrifugal casting, hand lay-up, spray lay-up, and others. Filament winding is likely to remain the most dominant manufacturing process in the market during the forecast period. The filament winding process allows continuous fiber reinforcement in the circumferential direction of the pressure pipe where the principal stress applies, resulting in higher-performing product development at a lower cost. All the major players can fabricate FRP pipes through the filament winding process. A handful of players can fabricate FRP pipes through the centrifugal casting.

    water transmission & distribution, sewer & stormwater, drainage,

    Asia-Pacific Will Maintain Its Leading Position

    All regions are expected to mark a huge decline in 2020 in the wake of the COVID-19. Despite being hard-hit by the pandemic, Asia-Pacific is estimated to manage its lead in the global market by 2026. Also, the region is likely to heal up with the fastest pace in the post-pandemic market developments. China, India, and Malaysia are the growth engines of the region’s market, heavily fabricating FRP pipes using polyester and vinyl ester resins through the filament winding process.

    North America and Europe are relatively mature markets with sizeable demand for FRP pipes for water/wastewater applications in years to come. The demand for FRP pipes is estimated to rejuvenate from 2021 onwards, followed by sequential growth in years to come. All the major global players, such as Future Pipe Industries, have a presence in both regions.

    Key Players

    The supply chain of this market comprises raw material suppliers, FRP water/wastewater pipe manufacturers, distributors, and end-users. The key players in the market are Amiantit Fiberglass Industries Limited, Amiblu Holding GmbH, Farassan Man. & Ind. Company, Future Pipe Industries, Hengrun Group Co. Ltd., Kinflare Group, Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd. National Oilwell Varco Fiberglass Systems, Sekisui Chemicals, and WIG Wietersdorfer Holding GmbH.

    Some of the Key Strategic Alliances in the Market:

    • In 2019, Nation Oilwell Varco (NOV) acquired Denali Incorporated. With this acquisition, the company also acquired the Denali Incorporated brands of Belco, Ershigs, Fabricated Plastics, Fibra, and Plasti-Fab.
    • In 2017, two market-leading companies Amiantit Europe (Flowtite Technology) and Hobas Europe (part of WIG Wietersdorfer Holding) form a 50:50 joint venture Amiblu in Klagenfurt, Austria.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all three countries and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market Regional Trend and Forecast analysis
    • Market segment Regional Trend and Forecast
    • Competitive landscape and dynamics: Market share, Product portfolio, New product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    The FRP water/wastewater pipe market is segmented into the following categories.

    FRP Water/Wastewater Pipe Market, By Application Type

    • Water Transmission & Distribution (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Sewer & Storm Water (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Drainage (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    FRP Water/Wastewater Pipe Market, By Resin Type

    • Polyester Pipe (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Vinyl Ester Pipe (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Epoxy Pipe (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    FRP Water/Wastewater Pipe Market, By Diameter Type

    • Small (<18”) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Medium (18”-60”) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Large (>60”) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    FRP Water/Wastewater Pipe Market, By Manufacturing Process Type

    • Filament Winding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Centrifugal Casting (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Hand Lay-up (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Spray Lay-up (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    FRP Water/Wastewater Pipe Market, By Region

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, India, Malaysia, and Rest of Asia-Pacific)
    • The Middle East (Country Analysis: Saudi Arabia, UAE, Oman, Qatar, and Rest of Middle East)
    • Rest of the World (Country Analysis: Brazil, Argentina, and Others)

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the resin types or by application type

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, Region presence, and strategic alliances

    Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].


    •   

      Why are We Class Apart?

      Advanced Materials Offer Next Growth Wave

      We Specialize in Composites & other Materials Market Research

      >60% of the First Buyers Come Back to Us

      >95% Client Satisfaction Ratio, the Industry's Highest

      Clients Across the Value Chain

      Track the Latest Trends in Advanced Materials

      Know High Growth Opportunities


       

    FREE SAMPLE