Fiberglass Pipe Market Expected To Expand At A CAGR Of 5.6% For The Forecast Period From 2018 To 2025 : Grand View Research Inc.
San Francisco, 1 October 2019: The Report Fiberglass Pipe Market Analysis, By End-use (Oil & Gas, Chemicals, Sewage, Irrigation), By Region (North America, Europe, Asia Pacific, Central & South America, MEA), And Segment Forecasts, 2018 – 2025 The global fiberglass pipes market is expected to reach USD 6.19 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 5.6% over the forecast period, owing to Increasing demand from various end-use industries is key factor driving the growth of fiberglass pipes market. In addition, robust growth in shipping industry in Asia Pacific is further fueling the demand over the forecast period. Fiberglass pipes are composite materials which have combined properties of two or more materials such as glass fibers and resins, that are used in various end-use industries such as chemicals and irrigation. Fiberglass pipes market is mainly driven by the demand from the oil & gas