Report Description:
The recent market intelligence report,
published by Data Insights Partner on the reinforced thermoplastic pipes market
makes an offering of in-depth analysis of and sub-segments in both the regional
and international market. The research also emphasizes on the impact of
drivers, restraints and macro indicators on the regional and global reinforced
thermoplastic pipes market over the short as well as long period of time. The
report also includes the benefits and market opportunities presented in this
field. Beside this, a detailed presentation of forecast, trends, and dollar
values of the global market is offered too. In accordance with the report, the reinforced
thermoplastic pipes market is projected to expand at a CAGR of 6.7% over the
period of forecast period of 2020-2028.
Market Insights, Drivers, Restraints and Opportunities:
Reinforced thermoplastic pipe is a
three-layered one type of high-pressure pipes made of reliable high strength
synthetic fibre like glass, aramid, carbon etc. Out of three layers, the outer
most layer which is generally black or white coloured provides protection
against UV rays. The middle layer consists of reinforced tape which is made of
several reinforced material such as polyester, aramid fibre etc. And the inner
most layer is a protective layer. These pipes are also known as flexible
composite pipes. These pipes are usually used for its heat resistance, thermal
insulation, high pressure resistance, anticorrosion and flexibility properties.
The reinforced thermoplastic pipes
market is mainly driven by its increasing demand in the transportation sectors,
oil and gas industries and water and fluid distribution sectors. Another key
factor responsible for the growth of this market is the rise in the amount
invested in this sector and modern technology. In last few years there were
many cases of damaged metal pipes as metals of the pipes react with fluids and
undergo corrosion which causes economic losses for industries. As a result, the
government bodies have taken initiatives to impose strict rules and regulations
on the industrial sectors regarding the usage of metal pipes in oil and gas
flow lines, water or fluid distribution lines etc. This is helping the growth
of the reinforced thermoplastic pipes market. Rapid urbanisation and fast
economic growth are also playing a big role in the rise in adoption of these
types of pipes.
The reinforced thermoplastic pipes market
has a huge potential. Though it is expanding very fast day by day, many things
are preventing it from using its full potential. Some of these restraints are–
§ High prices of the raw materials.
§ High transportation and exportation
cost.
§ High cost of the end product.
§ Emission of harmful pollutants during
production.
§ Unavailability of the raw materials
§ Lack of awareness about the availability
and benefits of these products in the developing countries.
During the forecast period, Asia
Pacific followed by North America and Europe are expected to be the
fastest-growing reinforced thermoplastic pipes market. The demand for reinforced
thermoplastic pipes in Asia Pacific region is driven by its ever-growing usage
in the industrial sectors and the increasing foreign investments in the said
market. The increase in the application of these pipes in oil and gas
industries and water distribution sectors is projected to fuel the market
growth for reinforced thermoplastic pipes in the said region in the next few
years. The rapid economic growth and growing population in the said region is expected
to fuel high demand for these products. It is also believed that on the basis
of application, the oil and gas industries will have the largest share in the
forecast period. For its superior heat resistance, durability, flexible properties,
low prices and high efficiency, market for polyethylene pipes is also expected
to rise significantly in the said time.
Segmentation of Reinforced
Thermoplastic Pipes Market:
This market intelligence report on the
reinforced thermoplastic pipes market is segmented based on product type,
product form, diameter, pressure rating, inner layer material, outer layer
material, application, end usage, distributional channel and the
country/regions.
By Product Type, the reinforced
thermoplastic pipes market is divided into–
§ Glass Fibre Epoxy Laminate Reinforced
Thermoplastic Pipes
§ Dry Glass Fibre Reinforced
Thermoplastic Pipes
§ Steel Reinforced Thermoplastic
Pipes
§ Aramid Tape Reinforced
Thermoplastic Pipes
By
Product form, the
reinforced thermoplastic pipes market can be segregated into–
§ Metallic
§ Non-metallic
By Diameter, the reinforced
thermoplastic pipes market is divided into–
§ Small Diameter Pipes
§ Large Diameter Pipes
By Pressure Rating, the reinforced
thermoplastic pipes market is differentiated into–
§ Low Pressure Pipes
§ High Pressure Pipes
By Inner
Layer Material, the reinforced thermoplastic pipes market is segmented into–
§
Polyethylene
§
Polyamide
§
Polypropylene
§
Polyvinylidene Fluoride
§
Polyvinyl Chloride
§
Others
By Outer Layer Material, the reinforced
thermoplastic pipes market can be segregated into–
§
Aramid
§
Steel
§
Others
By Application,
the reinforced thermoplastic pipes market is
divided into–
§ Oil and Gas
§ Water and Wastewater
§ Mining and Dredging
§ Utilities and Renewables
§ Others
By End
Usage, the reinforced thermoplastic pipes market is
segmented into–
§ Residential
§ Non-residential
By Distribution
Channel, the reinforced thermoplastic pipes market is
segregated into–
§ Hypermarkets and Supermarkets
§ Online
§ Others
By Regional Outlook, the reinforced
thermoplastic pipes market is divided into–
§ North America (United States,
Canada)
§ Latin America (Brazil, Mexico,
Argentina and other countries)
§ Europe (United Kingdom, France,
Germany, Spain, Italy, Russia, Turkey, Netherlands and other countries)
§ Asia Pacific (Japan, China, India,
South Korea, Singapore, Indonesia, Thailand, Malaysia, Australia, New Zealand
and other countries)
§ Middle East and Africa (GCC,
South Africa, Israel, Arabia, Egypt and other countries)
Profiling of Market Players:
This business intelligence report
offers profiling of reputed companies that are operating in the market.
Companies such as
§ TechnipFMC
§ Advanced Drainage Systems
§ National Oilwell Varco
§ Baker Hughes Company
§ Georg Fischer
§ Prysmian
§ Magma Global
§ Airborne Oil & Gas
§ Chevron Philips Chemical
Company
§ Uponor Corporation
§ Shawcor
§ Cosmoplast Industrial Company
§ Bekaert
§ Wienerberger AG
§ Amiantit Group
§ Polyflow, LLC
Other players have been profiled into
detail so as to offer a glimpse of the market leaders. Moreover, parameters
such as reinforced thermoplastic pipes market related investment and spending
and developments by major players of the market are tracked in this global
report.
Market Competitive
Analysis:
Key
players are adopting strategies such as investing in R&D, new product
launches, expansion in distribution channels to stand out as strong competitors
in the market. Reinforced thermoplastic pipes market is a competitive market
with the presence of various global and regional players in the market. The
major players like Advanced Drainage System, National Oilwell Varco, Baker
Hughes Company, Airborne Oil & Gas, Magma Global, Prysmian, Shawcor, Uponor
Corporation etc. are trying to gain the market power in their hands by
producing the products in low costs and thus charging low prices and using
different kind of marketing campaigns.
Report
Highlights:
An in-depth analysis of the micro and
macro indicators, market trends, and forecasts of demand is offered by this
business intelligence report. Furthermore, the report offers a vivid picture of
the factors that are steering and restraining the growth of this market across
all geographical segments. In addition to that, Growth Matrix analysis is also
provided in the report so as to share insight of the investment areas that new
or existing market players can take into consideration. Various analytical
tools such as market data analysis, time series and cross section statistical
data analysis has been used in this report to present a clear picture of the
market. The study focuses on the present market trends and provides market
forecast from the year 2020-2028. Emerging trends that would shape the market
demand in the years to come have been highlighted in this report. A competitive
analysis in each of the geographical segments gives an insight into market share
of the global players.
Salient
Features:
Ø This
study offers comprehensive yet detailed analysis of reinforced
thermoplastic pipes market, size of the market
(US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year.
Ø It explains upcoming revenue opportunities across various market
segments and attractive matrix of investment proposition for the said market.
Ø This market intelligence report on reinforced thermoplastic pipes market also offers pivotal insights about various market opportunities, restraints,
drivers, launch of new products, competitive market strategies of leading
market players, emerging market trends, and regional outlook.
Ø Profiling of key market players in the market of reinforced
thermoplastic pipes is done by taking into account
various parameters such as company strategies, distribution strategies, product
portfolio, financial performance, key developments, geographical presence, and
company overview.
Ø The data of this report would allow management authorities and marketers
of reinforced
thermoplastic pipes companies alike to take
informed decision when it comes to launch of products, government initiatives,
marketing tactics and expansion, and technical up gradation.
Ø The research on the world market for reinforced thermoplastic pipes market caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for the
market. The research also caters to the rising needs of consulting and research
firms, financial analysts, and new market entrants.
Ø Research methodologies that have been adopted for the purpose of this
study have been clearly elaborated so as to facilitate better understanding of
the reports.
Ø Reports have been made based on the guidelines as mandated by General
Data Protection Regulation.
Ø Ample number of examples and case studies has been taken into
consideration before coming to a conclusion.
Reasons
to Buy:
v
Identify new growth
opportunities with a deep understanding of strategic business plans and thus
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v
Comprehensive details on micro
and macro factors that will drive or restrain the growth of market players.
v
Analyse and map the behaviours
of the competitors to gain maximum benefits.
v
Deep Sector-Specific
Intelligence.
v
Identify investors who can
invest in your company or identify the companies to invest in by analysing
market opportunities, gains and losses.
v
Identify and attract potential
customers by analysing consumer behaviour for every region.
v
Highlights of the competitive
landscape.