North American market for Reinforced Thermoplastic Pipes estimated to reach US$7116 mln in 2022

27-Jul-17

North America Reinforced Thermoplastic Pipes (RTP) is expected to reach about US$7116 mln in 2022 from US$5860.48 mln in 2016, registering a Compounded Annual Growth Rate (CAGR) of 3.31% during the analysis period, 2017-2022, as per Orbis Research.

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.