[139 Pages Report] In terms of value, the Fiberglass Pipes Market was valued at USD 3.04 Billion in 2015, and is projected to reach USD 4.11 Billion by 2021, at a CAGR of 5.22% from 2016 to 2021. Fiberglass pipes are becoming crucial in chemicals, oil & gas, and sewage applications due to the superior properties, low maintenance, and long product life.
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Drivers & Opportunities in global industry:
The key companies have mainly been involved in agreements and acquisitions to strengthen their positions in the fiberglass pipes market between 2011 and 2016. The companies have adopted these strategies to expand their product portfolios, strengthen their presence in the developed and emerging countries, increase their market shares, and enhance their sustainability.
Between 2011 and 2016, agreements and acquisitions accounted for 47% and 35% respectively of all the strategies adopted by the players in the fiberglass pipes market.
he major manufacturers profiled in this report are Future Pipe Industries (UAE), National Oilwell Varco (U.S.), Hobas (Austria), Saudi Arabian Amiantit Co. (Saudi Arabia), Enduro Composites Inc. (U.S.), Graphite India Limited (India), and others. These companies have adopted various organic and inorganic growth strategies such as new product developments, agreements, acquisitions, and expansions to expand their global presence and increase their penetration in the Fiberglass pipes market.
Future Pipe Industries, Hobas, Saudi Arabian Amiantit Co., and National Oilwell Varco are some of the major companies that have adopted the maximum number of growth strategies between 2011 and 2016 in the fiberglass pipes market.
Future Pipe Industries is one of the major manufacturers of fiberglass pipes for applications including aerospace and industrial. The company accounted for the largest share of all the development activities undertaken in the global fiberglass pipes market between 2011 and 2016. The company follows dynamic growth strategies with acquisitions and agreements to strengthen its geographical presence, product portfolio, and customer base. For instance, in April 2013, Future Pipe Industries acquired Specialty Plastics, Inc. (SPI). This acquisition helped FPI to enhance its existing manufacturing and sales operations in the U.S. market and to increase its reach and presence, mainly targeting the oil & gas application in the North American region.
Hobas is one of the leading providers of fiberglass pipes for sewage, chemicals, and other applications. The company is focused on agreements and new product launches to cater to the high demand for fiberglass pipes in various applications. For instance, in April 2015, Hobas signed a supply agreement with McNally Construction Inc. Under the agreement, Hobas supplied fiberglass pipes under the sizes range from 18 to 126 inches for use in the Upper Centennial Trunk Sewer Tunnel Project in Hamilton, Canada. This approach helped the company to increase its sales and opportunities in the Canadian fiberglass pipes market.
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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
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Mr. Shelly Singh
MarketsandMarkets™ INC.
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Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
Get PDF brochure of the report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=210259599
Drivers & Opportunities in global industry:
- Increased Production and Exploration of Oil & Gas
- Increasing Demand for Fiberglass Pipes in Sewage and Water Management
- High Demand for Fiberglass Pipes in Emerging Economies
The key companies have mainly been involved in agreements and acquisitions to strengthen their positions in the fiberglass pipes market between 2011 and 2016. The companies have adopted these strategies to expand their product portfolios, strengthen their presence in the developed and emerging countries, increase their market shares, and enhance their sustainability.
Between 2011 and 2016, agreements and acquisitions accounted for 47% and 35% respectively of all the strategies adopted by the players in the fiberglass pipes market.
he major manufacturers profiled in this report are Future Pipe Industries (UAE), National Oilwell Varco (U.S.), Hobas (Austria), Saudi Arabian Amiantit Co. (Saudi Arabia), Enduro Composites Inc. (U.S.), Graphite India Limited (India), and others. These companies have adopted various organic and inorganic growth strategies such as new product developments, agreements, acquisitions, and expansions to expand their global presence and increase their penetration in the Fiberglass pipes market.
Future Pipe Industries, Hobas, Saudi Arabian Amiantit Co., and National Oilwell Varco are some of the major companies that have adopted the maximum number of growth strategies between 2011 and 2016 in the fiberglass pipes market.
Future Pipe Industries is one of the major manufacturers of fiberglass pipes for applications including aerospace and industrial. The company accounted for the largest share of all the development activities undertaken in the global fiberglass pipes market between 2011 and 2016. The company follows dynamic growth strategies with acquisitions and agreements to strengthen its geographical presence, product portfolio, and customer base. For instance, in April 2013, Future Pipe Industries acquired Specialty Plastics, Inc. (SPI). This acquisition helped FPI to enhance its existing manufacturing and sales operations in the U.S. market and to increase its reach and presence, mainly targeting the oil & gas application in the North American region.
Hobas is one of the leading providers of fiberglass pipes for sewage, chemicals, and other applications. The company is focused on agreements and new product launches to cater to the high demand for fiberglass pipes in various applications. For instance, in April 2015, Hobas signed a supply agreement with McNally Construction Inc. Under the agreement, Hobas supplied fiberglass pipes under the sizes range from 18 to 126 inches for use in the Upper Centennial Trunk Sewer Tunnel Project in Hamilton, Canada. This approach helped the company to increase its sales and opportunities in the Canadian fiberglass pipes market.
Premium Insights of the report:
- Significant Opportunities in Fiberglass Pipes Market
- Fiberglass Pipes Market, By Type
- Fiberglass Pipes Market, By Application, and Region
- Fiberglass Pipes Market Share, By Country
Don't miss out on business opportunities in Fiberglass Pipes Market.
Speak to Our Analyst and gain crucial industry insights that will help your business grow.
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=210259599
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
This is excellent information. Thanks for sharing.
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