Covid-19 Impact on North American FRP Pipe Market is Expected to Grow at an Impressive CAGR by 2026

The North American FRP Pipe research report published by Stratview Research, is an in-depth analysis of the latest developments, market size, future technologies, market drivers, upcoming challenges, with key company profiles. The research study provides market overview, opportunities in the market, sales and revenue by region and much more business intel.

This research analyses niche markets, potential threats, and competitive strategy in various segments based on the North American FRP Pipe Market competitive landscape and development model in various parts of the world. This research throws light on the business strategies of the key players that might help in the growth of other companies during the pandemic era.

Impact of COVID-19 on North American FRP Pipe Market
As the world grapples with one of its greatest health pandemic, the economic and social disruption has affected millions of enterprises. The revenues have gone down in the year 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition. Stratview Research throws light on in-depth insights related to rapid alterations in the key players in each industry, growth and decline due to COVID-19, etc. The researchers at Stratview Research are regularly connecting with the clients and other key players of almost all the industries, regarding the impact of COVID-19 on their businesses.

Key Players involve in this research are:
  • Amiantit Fiberglass Industries Limited
  • Conley Composites
  • Endurance Composites, LLC
  • Future Pipe Industries
  • HOBAS Pipe USA
  • LFM Fiberglass Structure
  • National Oilwell Varco
  • RPS composites
  • Sekisui Chemicals Co. Ltd

Growth drivers and Market Value:
This report, from Stratview Research, studies the North American FRP Pipe Market value and growth drivers over the trend period of 2021-26. According to the report -

The demand for FRP pipes is estimated to be plateaued in 2020, followed by healthy market recoveries in years to come, ultimately driving the market to reach US$ 0.97 billion in 2026. All the major FRP pipe manufacturers are squeezing in their operational cost, halting their expansion plans, targeting their high-margin business, and reconfiguring their strategies with a sole aim to survive in this breath-taking market environment.

Segment Analysis:

By Application
Based on the application type, the market is segmented as oil & gas, industrial, water/wastewater, and marine & offshore. The industrial segment is further bifurcated into chemical, power & desalination plants, and others. Analogously, water/wastewater into sewer & stormwater, water transmission & distribution, drainage, and others, and marine & offshore into marine and offshore.

By Regional

North America is estimated to register huge losses due to the pandemic. Despite the huge decline, the USA to maintain its lead in the years to come. The country is currently the second-largest market in the world after China. Increase in domestic onshore oil & gas production, increasing investment in wastewater and sewage treatment pipelines to drive the market in the USA. The country is the manufacturing hub of FRP pipes with the presence of several top players such as Future Pipe Industries, LF Manufacturing, RPS Composites, and National Oil Varco.

Competitive Analysis: Understanding your rivalry is critical to your success. This section includes an analysis of your key competitors, their products/services, their differentiators, and market shares, etc.

Target Market and Audience: Identifying and prioritizing specific target markets is another key part of any industry, where research is crucial. Stratview Research’s report will help you find more about the demographics and buying behaviours of your potential customers.


Key Considerations for Market Forecast:

  • Impact of lockdown, supply chain disruptions.
  • Pre and post-COVID-19 market estimates
  • Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

Impact of COVID-19 on the Global Market

The North American FRP Pipe report compiled by Stratview Research offers in-depth study of market opportunities and market impact that are stirred due to the COVID-19 pandemic. The detailed research report focuses upon the direct and indirect impact of COVID-19 with new product launches, M&As, supply chain overview, government regulations, strategies adopted by related market, etc.

Sneak peek into the Report:

The report provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • Market forecast analysis
  • Competitive landscape and dynamics: Market share, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends & Key success factors

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