© 2017 Global Market Insights, Inc. USA. All Rights Reserved Glass Reinforced Plastic (GRP) Piping Market Growth, Application Analysis from 2018 to 2024

Global Market Scenario of Glass Reinforced Plastic (GRP) Piping Market  GRP Piping Market size will surpass USD 8 billion by 2024; according to a new research report by Global Market Insights, Inc.  Sustainability will essentially be the foundation of the future piping industry. GRP pipes have been emerged as the optimal solution which not only involve innovative engineering, but increase the investment returns, as compared to the conventional pipe materials.  These glass reinforced plastic pipes combine the benefits of durability, strength and corrosion resistance, and offer great design flexibility.  These pipes are 10 times lighter as compared to concrete and result in an improved efficiency with lesser stresses, superior mechanical and chemical properties.  GRP pipes meet the most stringent requirements as far as the chemical resistance and mechanical strength are considered. © 2017 Global Market Insights, Inc. USA. All Rights Reserved

 A recent study by the Norwegian University of Life Sciences concluded that on account of the high efficiency of GRP pipes, they have a minimal negative environmental effect, in contrast to the other pipe materials. Such trends will encourage glass reinforced plastic piping market growth by  Hydropower has been the foremost renewable source of generating electricity across the globe, supplying as high as 71% of the renewable electricity. In 2016, about 16.4% of the global electricity was generated by hydropower, thereby reaching 1,064 GW of installed capacity. Continue:- © 2017 Global Market Insights, Inc. USA. All Rights Reserved

U.S. GRP Piping Market size, by Application, (USD Billion) Request Sample Copy of This Research

 Vinyl ester resins will observe the significant gains surpassing CAGR 5% in global GRP piping market by These are less absorbent of water than polyester resins due to a more tightly bonded structure of the side groups and are suitably used in the organic solvent environments. Vinyl ester-based GRP piping are used mainly in the aboveground applications with temperature up to 850°C. Polyester resins glass reinforced plastic piping market held a share close to 30% in These are used instead of vinyl ester and epoxy resins in some cases for their low cost and a faster curing time. 360° Industry Analysis © 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for customization:

Regional Analysis:  Global GRP piping market was led by Asia Pacific region in The regional industry will witness significant demand for these pipes from the power sector. For instance, in 2016 the total installed capacity for power generation in India was 3,30,154 MW and it will hold significant expansion potential in the coming years. Competitive Analysis:  Few significant players in the GRP piping market include: HOBAS, Plasticon Composites, China National Building Material Company, SUPERLIT Boru San. A.?, Sarplast SA, TECHNOBELL Ltd., etc. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This

Latest Research Report On Glass Reinforced Plastic (GRP) Piping Request for sample of this research © 2017 Global Market Insights, Inc. USA. All Rights Reserved

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