MARKET OVERVIEW
Reinforced Thermoplastic Pipes (RTP) are flexible, corrosion-resistant pipes used in high-pressure applications like oil & gas, chemical, and water industries.
Growing demand in energy, offshore, and onshore sectors due to their durability, low maintenance, and lightweight properties. Key drivers include increasing offshore oil & gas exploration, replacement of traditional steel pipes, and rising investments in infrastructure.
MARKET SIZE AND GROWTH
01
THE GLOBAL REINFORCED
THERMOPLASTIC PIPES
02
MARKET WAS VALUED AT USD 2.06 BILLION IN 2023. IT IS PROJECTED TO REACH USD 3.92 BILLION BY 2032, GROWING AT A CAGR OF 7.28% DURING THE FORECAST PERIOD (20252032).
By Type
High-Density Polyethylene (HDPE)
MARKET SEGMENTATION
By Application Oil & Gas
Others
Water Distribution Chemical Industry Mining Others
Polyamide (PA)
Polyvinylidene Fluoride (PVDF)
REGIONAL ANALYSIS
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
ASIA-PACIFIC
Fastest-growing region driven by expanding industrialization and energy projects in China, India, and Southeast Asia
MIDDLE EAST & AFRICA
Significant market potential with largescale oil & gas projects and investments in energy infrastructure
NORTH AMERICA
Leading market with strong demand from oil & gas and infrastructure sectors
EUROPE
Growing due to stringent regulations and increasing offshore exploration
SOUTH AMERICA
Moderate growth supported by oil exploration activities and infrastructure development
KEY PLAYERS
Cosmoplast
TechnipFMC
Wienerberger
Shawcor
Pipelife
