Global Reinforced Thermoplastic Pipes market to register CAGR of 3.31% till 2022

22-Jun-17

Reinforced thermoplastic pipes (RTP) is a generic term referring to a reliable high strength synthetic fibre (such as glass, aramid or carbon), which is a kind of high-pressure plastic compound pipe consisting of three layers. The outer layer can be white (on the ground against ultraviolet ray) or black (under the ground) based on needs; the intermediate layer is the reinforced tape compounded by the reinforced material, which may be polyester fiber or aramid fiber and so on. The pipes use many kinds of connection forms such as buckle joint, in-line coupling joint and flanged joint. The general application temperature of RTP is -42°C-+135°C, and the maximum operation pressure may reach 32MPa.RTP is mainly used for Oil & Gas applications. The global market for Reinforced Thermoplastic Pipes (RTP) is expected to reach about US$7116 mln till 2022 from US$5860.48 mln in 2016, registering a CAGR of 3.31% during the analysis period, as per Orbis Research.