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Global Composite Pipes Market by Type (14MM, 26MM, 63MM, Others), By Application (Oil & Gas Industry, Construction Industry, Agriculture Industry, Food & Beverage Industry, Chemical Industry, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: ME-745
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 71
  • No. Of Pages: 219
  • Format:
  • Pub. Date: 2021-03-01
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The Global Composite Pipes Market size is expected to grow at a CAGR of 6.7% from 2021-2028 and reach US$ 5,827 million by 2028. The demand for composite pipes has been increasing due to the growing number of construction projects in emerging economies such as India and China. Furthermore, the use of these products is also on an upward trend in developed countries like the US and Germany.


A Composite Pipe is a type of pipe with layers, which are made from different materials. The most common use for these pipes is in the construction industry to transport water and sewage. Composite pipes can also be used in other industries such as oil & gas extraction and chemical production where they provide benefits like low maintenance costs, excellent thermal insulation properties, and increased strength.


On the basis of Type, the market is segmtned into 14MM, 26MM, and 63MM. The 14 MM segment is expected to dominate this market throughout the study period owing to its wide applications across various industries such as chemical processing plants for leak detection purposes etc., the construction industry for plumbing lines, and so on. However, there has been an increased demand for higher diameters of these pipes because it facilitates a smoother flow of liquids and gas, thus leading to a higher demand for the 26MM segment.


14 MM Composite Pipes:

A composite pipe is a type of pipe that consists of two or more layers with different properties. The inner layer is often made from steel or plastic and it transmits the pressure to the outer layer, which has a better resistance against corrosion and other external factors. A 14 mm composite pipe can be used in connection with various types of fluids for convenience purposes

The advantages are as follows:

High efficiency - It reduces friction losses by up to 30% compared to traditional metal pipes and therefore improves energy efficiency in many industries. In addition, this also leads to lower operating costs because less power will be needed when pumping water through the system.

Lower weight - Composite pipes are much lighter, which means that they can be easily transported and installed in areas with rough terrain or difficult access.

High resistance - to external factors like corrosion, oil & gas industry spills, and pressure


26 MM Composite Pipes:

26 mm composite pipes are used in high-pressure and high-temperature fluid transportation. They have an outer layer of polymer, followed by a steel or other metal (most often aluminum) core to prevent corrosion. The combination of polymers, metals, and impregnated fibers provides for very strong structural integrity at the same time that it has low thermal conductivity values. This allows 26mm composite pipes to offer some competitive advantages over traditional materials like iron and copper with their higher weight per unit length of pipe as well as better resistance to aggressive chemicals found within industries such as oil & gas production facilities where they can be encountered during use.


63 MM Composite Pipes:

This type of pipe used in the construction industry. This is a heavy-duty and durable pipeline that has been reinforced with an external layer for protection from wear, abrasion, or puncture damage applied to it during installation. The reinforcement may be as simple as a steel cable or wire mesh laid over the outer surface of the pipe, which will increase its load-bearing ability and durability substantially. The material can be made out of different materials such as polymeric (the most common), fiberglass composite, metal alloy, and others.


On the basis of Application, the market is segmented into Oil & Gas Industry, Construction Industry, Agriculture Industry, Food & Beverage Industry, and Chemical Industry.


Oil & Gas Industry:

In the oil and gas industry, composite piping systems offer better corrosion resistance than conventional materials. They're also more resistant to both extreme temperatures and vibrations in comparison to traditional pipelines. The low weight of these pipes means they are easier for a variety of construction equipment such as excavators or cranes to carry around with them on-site – so it's significantly less work for operators to transport lengths from one place to another which saves money overall.


Construction Industry:

There are several industries that make use of composite pipes for their business. One such industry is the construction industry, where these pipes serve as a substitute for traditional metal pipelines. This substitution has been made possible because they offer more flexibility and lighter weight than conventional piping systems in this field. The ability to manufacture shorter runs also means reduced installation costs due to faster assembly times on site.

The increasing need for greater environmental protection has prompted many countries around the world to impose strict regulations about how to pipe materials can be manufactured, handled, and disposed of off once they have served their purpose within an application. Composite pipe manufacturers have responded by developing products with better sustainability so that there will be no negative impact on the environment when it's time for them to stop functioning.


Agriculture Industry:

Composite pipes in the agriculture industry are used to transport water, fertilizers, and pesticides. In Chemical Industry they are used for the transportation of hazardous liquids or gases that can be dangerous if leaked into natural waterways.


Food & Beverage Industry:

Composite pipes are used in the food & beverage industry for transporting beverages and other liquids. They have a large diameter, which makes them suitable for carrying fluids with high viscosity (thickness) such as those found in milk or molasses. The speed at which these fluids can be transported is much faster than if they were being carried by pipelines made of iron or concrete because they do not create turbulence in their wakes like that seen on energy-intensive transportation modes such as trucks and trains. This also reduces pollution caused by air emissions from said vehicles because lighter loads mean less fuel consumption. Subsequently, composite pipes perform relatively well over long distances due to low wear rates compared to metallic piping that needs constant maintenance, repair, and replacement.


Chemical Industry:

These pipes have been used as a filter for chemical processes such as purification and filtration. In many industries including chemicals, oil & gas, etc., polypropylene resin (PP) fiber tubes with an SDR value of between 70-80 can be utilized to make up composite piping systems that can withstand extreme temperatures and pressures like those found in petroleum refineries or petrochemical plants. These materials are chemically inert which makes them suitable for containing corrosive substances under rigorous operational conditions without reacting so they generally require less maintenance than other pipe types. Polypropylene also offers good resistance to abrasion damage at high flow velocities.


On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. North America is leading among all regions which accounted for highest revenue by 2028 end mainly due to increased consumption from industries like construction sector. Alongside it Latin America also had significant growth rates during the forecast period while Europe was at a slower pace than that seen by North American countries because of factors like Brexit impact on economy etc., the Asia Pacific will have the fastest growth rates during the forecast period owing to increased demand from countries like China and India.


Up Market Research published a new report titled “Composite Pipes Market research report which is segmented by Types (14MM, 26MM, 63MM, Others), By Applications (Oil & Gas Industry, Construction Industry, Agriculture Industry, Food & Beverage Industry, Chemical Industry, Others), By Players/Companies KiTEC, Vasitars, Jindal Pex Tibes, Akiet, KISAN, Cerro Flow Product, Furukawa Electric, Cambridge-Lee, SH Copper, Wieland-Werke”. 


Report Scope

Report Attributes Report Details
Report Title Composite Pipes Market Research Report
By Type 14MM, 26MM, 63MM, Others
By Application Oil & Gas Industry, Construction Industry, Agriculture Industry, Food & Beverage Industry, Chemical Industry, Others
By Companies KiTEC, Vasitars, Jindal Pex Tibes, Akiet, KISAN, Cerro Flow Product, Furukawa Electric, Cambridge-Lee, SH Copper, Wieland-Werke
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 219
Number of Tables & Figures 154
Customization Available Yes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Composite Pipes Industry Outlook

Global Composite Pipes Market Report Segments:

The market is segmented by Type 14MM, 26MM, 63MM, Others and By Application Oil & Gas Industry, Construction Industry, Agriculture Industry, Food & Beverage Industry, Chemical Industry, Others.


Some of the companies that are profiled in this report are:

  1. KiTEC
  2. Vasitars
  3. Jindal Pex Tibes
  4. Akiet
  5. KISAN
  6. Cerro Flow Product
  7. Furukawa Electric
  8. Cambridge-Lee
  9. SH Copper
  10. Wieland-Werke

Composite Pipes Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Composite Pipes Market

Overview of the regional outlook of the Composite Pipes Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Composite Pipes Market Overview

Highlights of The Composite Pipes Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Composite Pipes Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. 14MM

                2. 26MM

                3. 63MM

                4. Others

       7. By Application:

                1. Oil & Gas Industry

                2. Construction Industry

                3. Agriculture Industry

                4. Food & Beverage Industry

                5. Chemical Industry

                6. Others

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Composite Pipes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Composite Pipes Market Statistics

Reasons to Purchase the Composite Pipes Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Composite Pipes Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Composite Pipes Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Composite Pipes Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Composite Pipes Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Composite Pipes Market Size & Forecast, 2018-2028 
      4.5.1 Composite Pipes Market Size and Y-o-Y Growth 
      4.5.2 Composite Pipes Market Absolute $ Opportunity 

Chapter 5 Global Composite Pipes Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Composite Pipes Market Size Forecast by Type
      5.2.1 14MM
      5.2.2 26MM
      5.2.3 63MM
      5.2.4 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Composite Pipes Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Composite Pipes Market Size Forecast by Applications
      6.2.1 Oil & Gas Industry
      6.2.2 Construction Industry
      6.2.3 Agriculture Industry
      6.2.4 Food & Beverage Industry
      6.2.5 Chemical Industry
      6.2.6 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Composite Pipes Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Composite Pipes Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Composite Pipes Analysis and Forecast
   9.1 Introduction
   9.2 North America Composite Pipes Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Composite Pipes Market Size Forecast by Type
      9.6.1 14MM
      9.6.2 26MM
      9.6.3 63MM
      9.6.4 Others
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Composite Pipes Market Size Forecast by Applications
      9.10.1 Oil & Gas Industry
      9.10.2 Construction Industry
      9.10.3 Agriculture Industry
      9.10.4 Food & Beverage Industry
      9.10.5 Chemical Industry
      9.10.6 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Composite Pipes Analysis and Forecast
   10.1 Introduction
   10.2 Europe Composite Pipes Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Composite Pipes Market Size Forecast by Type
      10.6.1 14MM
      10.6.2 26MM
      10.6.3 63MM
      10.6.4 Others
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Composite Pipes Market Size Forecast by Applications
      10.10.1 Oil & Gas Industry
      10.10.2 Construction Industry
      10.10.3 Agriculture Industry
      10.10.4 Food & Beverage Industry
      10.10.5 Chemical Industry
      10.10.6 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Composite Pipes Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Composite Pipes Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Composite Pipes Market Size Forecast by Type
      11.6.1 14MM
      11.6.2 26MM
      11.6.3 63MM
      11.6.4 Others
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Composite Pipes Market Size Forecast by Applications
      11.10.1 Oil & Gas Industry
      11.10.2 Construction Industry
      11.10.3 Agriculture Industry
      11.10.4 Food & Beverage Industry
      11.10.5 Chemical Industry
      11.10.6 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Composite Pipes Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Composite Pipes Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Composite Pipes Market Size Forecast by Type
      12.6.1 14MM
      12.6.2 26MM
      12.6.3 63MM
      12.6.4 Others
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Composite Pipes Market Size Forecast by Applications
      12.10.1 Oil & Gas Industry
      12.10.2 Construction Industry
      12.10.3 Agriculture Industry
      12.10.4 Food & Beverage Industry
      12.10.5 Chemical Industry
      12.10.6 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Composite Pipes Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Composite Pipes Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Composite Pipes Market Size Forecast by Type
      13.6.1 14MM
      13.6.2 26MM
      13.6.3 63MM
      13.6.4 Others
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Composite Pipes Market Size Forecast by Applications
      13.10.1 Oil & Gas Industry
      13.10.2 Construction Industry
      13.10.3 Agriculture Industry
      13.10.4 Food & Beverage Industry
      13.10.5 Chemical Industry
      13.10.6 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Composite Pipes Market: Competitive Dashboard
   14.2 Global Composite Pipes Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 KiTEC
      14.3.2 Vasitars
      14.3.3 Jindal Pex Tibes
      14.3.4 Akiet
      14.3.5 KISAN
      14.3.6 Cerro Flow Product
      14.3.7 Furukawa Electric
      14.3.8 Cambridge-Lee
      14.3.9 SH Copper
      14.3.10 Wieland-Werke
Segments Covered in the Report
The global Composite Pipes market has been segmented based on

By Types
  • 14MM
  • 26MM
  • 63MM
  • Others
By Applications
  • Oil & Gas Industry
  • Construction Industry
  • Agriculture Industry
  • Food & Beverage Industry
  • Chemical Industry
  • Others
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • KiTEC
  • Vasitars
  • Jindal Pex Tibes
  • Akiet
  • Cerro Flow Product
  • Furukawa Electric
  • Cambridge-Lee
  • SH Copper
  • Wieland-Werke

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