Composite Pipes Market set to hit $4.2 billion by 2035, as per recent research by DataString Consulting


Posted March 26, 2025 by Datastring

Other key wide areas like oil and gas industry and water supply systems are expected to push the market to $4.2 billion by 2035 from $2.3 billion of 2024.

 
Higher trends within Composite Pipes applications including water & wastewater systems, oil & gas, chemical processing plants and building & construction

In the oil and gas industry sector composite pipes are commonly employed for tasks like moving oil and gas because of their ability to handle high pressure and withstand challenging environments. This preference is influenced by advantages such as resistance, to corrosion maintenance needs, and prolonged durability. Shell and Chevron are figures actively utilizing composite pipes within this field. Composite pipelines are crucial for delivering safe drinking water since they are leak proof and resistant against chemical corrosion. Preventing contamination and ensuring a healthy water supply. Leading companies such, as Suez and Veolia are actively incorporating these pipelines into their water distribution systems.

Detailed Analysis - https://datastringconsulting.com/industry-analysis/composite-pipes-market-research-report

The industry is currently undergoing a shift towards eco friendly production methods in the composite pipes sector This change is transforming how market participants operate as they embrace sustainable manufacturing processes use environmentally friendly materials and minimize waste in alignment with the worldwide trend towards green industrial practices This shift not only helps companies reduce their environmental impact but also lowers operational expenses and enhances customer appeal giving them a competitive advantage, in the market

Industry Leadership and Strategies

The Composite Pipes market within top 3 demand hubs including U.S., China and Germany, is characterized by intense competition, with a number of leading players such as Future Pipe Industries, GE Oil & Gas, Airborne Oil & Gas, Magma Global Limited, National Oilwell Varco, Baker Hughes, Chevron Phillips Chemical Company, Prysmian Group, ShawCor Ltd, Soluforce, Flexpipe Systems and Pipelife International GmbH. Below table summarize the strategies employed by these players within the eco-system.
This market is expected to expand substantially between 2025 and 2030, supported by market drivers such as growing infrastructure development, surge in oil and gas exploration, and technological advancements in pipe manufacturing.

Regional Analysis

The competitive and ever changing American market for composite pipes is influenced by established manufacturers and technological progressions present in the industry segment of oil and gas that heavily employs these pipes for its operations leading to market expansion. Moreover the continuous efforts in enhancing development in the region drive the need for such pipes. However the presence of market saturation and strict regulatory policies act as obstacles to growth, in this sector.

Research Study analyse the global Composite Pipes market in detail and covers industry insights & opportunities at Material Type (Fiber Reinforced Plastic, Fiber Reinforced Polymer, Glass Reinforced Plastic, Others), Application (Oil & Gas, Chemical, Water & Wastewater, Others) and Manufacturing process (Centrifugal Casting, Filament Winding, Pultrusion, Others) for more than 20 countries.

About DataString Consulting

DataString Consulting assist companies in strategy formulations & roadmap creation including TAM expansion, revenue diversification strategies and venturing into new markets; by offering in depth insights into developing trends and competitor landscapes as well as customer demographics. Our customized & direct strategies, filters industry noises into new opportunities; and reduces the effective connect time between products and its market niche.

DataString Consulting offers complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. DataString’s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. Our Industry experts and data aggregators continuously track & monitor high growth segments within more than 15 industries and 60 sub-industries.
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Last Updated March 26, 2025