FRP pipe market seen reaching $6.3 billion by 2030

The global FRP pipe market is projected to grow from $3.7 billion in 2020 to $6.3 billion by 2030, driven by construction demand, wastewater needs and industrial use. Asia-Pacific leads the market now and is expected to stay ahead, while pultrusion and chemical & industrial uses show the fastest growth.

Why it matters: - FRP pipes are gaining traction in construction, industrial systems and infrastructure because they offer a material alternative in corrosive and demanding environments. - The market’s projected rise to $6.3 billion by 2030 signals steady demand across water treatment, chemical processing, oil and gas, and power generation. - Waste management applications add a new growth path for FRP pipe suppliers.

What happened: - Allied Market Research projected the global FRP pipe market to reach $6.3 billion by 2030, up from $3.7 billion in 2020. - The forecast implies a 5.5% compound annual growth rate from 2021 to 2030. - The report covered product type, manufacturing process, application, regional trends, investment opportunities and competition. - The analysis was released June 19, 2026. - Allied Market Research identified Chemical Process Piping Pvt. Ltd., China National Building Material Company Limited, Ershigs Inc., Fibrex, Future Pipes Industries L.L.C, HOBAS, National Oilwell Varco Inc., Sarplast SA, Sekisui Chemical Co. Ltd. and Saudi Arabian Amiantit Company as leading market players.

The details: - Glass-reinforced epoxy led the type segment with 50.6% of global market share in 2020. - Glass-reinforced epoxy is expected to remain the largest type segment through the forecast period. - Filament winding held 71.4% of the manufacturing process market in 2020. - Filament winding is expected to keep its leadership position through 2030. - Pultrusion is projected to post the fastest CAGR in manufacturing processes at 5.9% from 2021 to 2030. - Chemical & industrial applications held 38.9% of market share in 2020. - Chemical & industrial applications are projected to grow at the fastest CAGR of 6.1% from 2021 to 2030. - Water & wastewater, oil & gas, power generation and other end uses were also included in the report. - Asia-Pacific held 36.5% of global revenue in 2020. - Asia-Pacific is expected to remain the dominant regional market through 2030. - Asia-Pacific is projected to record the fastest regional CAGR at 6.7% during the forecast period. - North America, Europe and LAMEA were also covered in the regional analysis. - The report said growth is being driven by FRP pipe advantages in construction and rising building activity. - The report said disadvantages of glass-reinforced polyester in construction act as a restraint. - The report also pointed to waste management solutions as an emerging opportunity. - The report offered a sample PDF and purchase links for readers seeking the full study: Download the sample report, Submit a purchase inquiry, View purchase options, Access the summary report, and Read more details.

Between the lines: - The forecast suggests FRP pipe demand is still anchored in heavy industrial uses rather than consumer-facing markets. - The strongest growth rates appear in segments tied to process industries and infrastructure upgrades, which could favor suppliers with scale and technical specialization. - Asia-Pacific’s lead points to continued concentration of demand in fast-growing industrial and construction markets.

What's next: - The market is expected to expand through 2030, with pultrusion and chemical & industrial applications outpacing the broader market. - Asia-Pacific should remain the top regional market while also delivering the fastest growth. - Suppliers will likely compete on product mix, manufacturing process and regional presence as demand broadens across end-use industries.