Product Code: ETC4500991 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The fiberglass pipes market in Vietnam is experiencing significant growth, propelled by the increasing demand from sectors such as oil and gas, chemical processing, and water treatment. Fiberglass pipes offer advantages such as corrosion resistance, lightweight construction, and ease of installation, making them a preferred choice in corrosive environments. The oil and gas industry, in particular, is a key consumer, utilizing fiberglass pipes for their resistance to harsh chemicals and durability in offshore and onshore applications. Additionally, the water treatment sector is adopting these pipes for their longevity and low maintenance requirements.
The Vietnam fiberglass pipes market is witnessing robust growth, driven by various factors. Firstly, the country`s expanding infrastructure and construction industry has created a strong demand for durable and corrosion-resistant piping solutions, which fiberglass pipes offer. Moreover, the water supply and sewage systems are continually being upgraded, and fiberglass pipes are becoming increasingly popular for their long lifespan and ability to resist corrosion and chemical damage. Furthermore, the burgeoning industrial sector in Vietnam is driving the demand for fiberglass pipes in applications like chemical processing, petrochemicals, and oil and gas, where the material`s resistance to harsh chemicals and extreme temperatures is a distinct advantage. The government`s focus on environmental sustainability and regulations promoting the use of non-corrosive and eco-friendly materials has further bolstered the growth of this market.
The fiberglass pipes market in Vietnam encounters challenges that hinder its progress. One notable obstacle is the competition from alternative materials such as steel and PVC, which are deeply ingrained in the market. Fiberglass pipes also face issues related to perceived durability and long-term performance, as potential buyers may be skeptical about their reliability compared to traditional materials. Furthermore, the lack of standardized manufacturing processes and quality control measures in some segments of the industry poses a challenge, leading to variations in product quality and hindering widespread acceptance in critical applications.
The Fiberglass Pipes market in Vietnam faced challenges during the COVID-19 pandemic, with disruptions in manufacturing and supply chain activities affecting the production and distribution of fiberglass pipes. The construction, oil and gas, and chemical industries, which extensively use fiberglass pipes, witnessed a decline in demand. The market`s recovery is contingent on the resumption of these industries and the implementation of projects that require fiberglass pipes.
The Vietnam fiberglass pipes market is influenced by several key players, each contributing to the industry`s growth. Tan A Dai Thanh Group is a major player known for its expertise in manufacturing fiberglass pipes for diverse industrial applications. Vietnam Pipe Corporation (VPC) is another influential participant, offering a wide range of high-quality fiberglass pipes and contributing to the market`s development. The presence of Phuong Nam Pipe Joint Stock Company further enriches the market, with its focus on delivering customized fiberglass pipe solutions and maintaining high standards of quality.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Fiberglass Pipes Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Fiberglass Pipes Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Fiberglass Pipes Market - Industry Life Cycle |
3.4 Vietnam Fiberglass Pipes Market - Porter's Five Forces |
3.5 Vietnam Fiberglass Pipes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Fiberglass Pipes Market Revenues & Volume Share, By Fiber, 2021 & 2031F |
3.7 Vietnam Fiberglass Pipes Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Fiberglass Pipes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Fiberglass Pipes Market Trends |
6 Vietnam Fiberglass Pipes Market, By Types |
6.1 Vietnam Fiberglass Pipes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Fiberglass Pipes Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Fiberglass Pipes Market Revenues & Volume, By GRP, 2021-2031F |
6.1.4 Vietnam Fiberglass Pipes Market Revenues & Volume, By GRE, 2021-2031F |
6.2 Vietnam Fiberglass Pipes Market, By Fiber |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Fiberglass Pipes Market Revenues & Volume, By E-Glass, 2021-2031F |
6.2.3 Vietnam Fiberglass Pipes Market Revenues & Volume, By T-glass, 2021-2031F |
6.3 Vietnam Fiberglass Pipes Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Fiberglass Pipes Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.3 Vietnam Fiberglass Pipes Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.4 Vietnam Fiberglass Pipes Market Revenues & Volume, By Sewage, 2021-2031F |
6.3.5 Vietnam Fiberglass Pipes Market Revenues & Volume, By Irrigation, 2021-2031F |
7 Vietnam Fiberglass Pipes Market Import-Export Trade Statistics |
7.1 Vietnam Fiberglass Pipes Market Export to Major Countries |
7.2 Vietnam Fiberglass Pipes Market Imports from Major Countries |
8 Vietnam Fiberglass Pipes Market Key Performance Indicators |
9 Vietnam Fiberglass Pipes Market - Opportunity Assessment |
9.1 Vietnam Fiberglass Pipes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Fiberglass Pipes Market Opportunity Assessment, By Fiber, 2021 & 2031F |
9.3 Vietnam Fiberglass Pipes Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Fiberglass Pipes Market - Competitive Landscape |
10.1 Vietnam Fiberglass Pipes Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Fiberglass Pipes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |