GCC GRP Pipe Market by Application (Chemicals, Oil & Gas, Industrial, Sewage, Irrigation & Drinking Water Transmission, Energy & Power, Others), by Forecast 2024-2032
The GCC GRP Pipe Market size was valued at USD 109.7 USD Million in 2023 and is projected to reach USD 147.30 USD Million by 2032, exhibiting a CAGR of 4.3 % during the forecast period. The GCC GRP (Glass Reinforced Plastic) Pipe Market is a sector that includes the manufacturing and sales of pipes produced from composite materials - like fibreglass and resin. GRP pipes have corrosion resistance, durability and lightweight properties advantageously that make them suitable for various applications in the GCC region. Applications of pipelines are wide-ranging and include water transmission, wastewater treatment, oil and gas transportation, as well as industrial piping systems. The trends in the market include the rising adoption of GRP pipes in most infrastructure projects because of their long service life and low maintenance needs. Another matter that is in demand is for environmentally friendly and greener piping products this is pushing innovation in GRP pipe manufacturing techniques and materials. With the infrastructure development in the GCC area gathering speed, the GRP pipe market is predicted to go through constant growth and technological innovations to suit the new needs.
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 4.3 %% from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 4.3 %% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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