The studies performed by GME showed the FRP
Vessel Market is projected to show trajectorial growth in the middle of
2020-2026 at a CAGR of 8.4%.
Government inclination towards adoption of
clean fuel and improving market of natural and fuel cell electric vehicles are
the factors expected to boost up the FRP vessels market in coming years. The
growing application range of FRP vessels in different sectors such as in
medical for gas contamination and also in tanks used in scuba diving is
fuelling up the demand for FRP vessels. Increasing usage of FRP vessels in plant
and wastewater treatment projects along with chemical processing is responsible
to build the demand for the product in coming years also.
Browse
179 Market Data Tables and 102 Figures spread through 184 Pages on "Global
FRP Vessels Market - Forecasts to 2026" https://www.globalmarketestimates.com/market-report/global-frp-vessels-market-2487
By Fiber (Glass, Carbon and Others); By Resin (Epoxy,
Polyester, and Others); By Application (Chemicals, Automotive &
Transportation, Industrial, Water & Wastewater, Oil & Gas and Others); By Region (North
America, Europe, Asia Pacific, MEA, and CSA); By Region (North America, Europe, Asia Pacific, MEA, and CSA), Company
Market Share & Competitor Analysis
Key Market Insights:
·
The
Global FRP Vessels Market is expected grow with a CAGR value of 8.4% during
2020-2026
·
Glass segment holds the largest market of FRP
vessels in terms of both value and volume.
·
The polyester resin does not expand when exposed to
high temperature and displays good electrical, mechanical and heat resistance
properties which made it to build the fastest growing business in China
automotive & chemical industries.
·
Asia-Pacific
is estimated to show the highest market of the FRP vessel market owing to
improved consumption in wastewater, automotive & transportation, chemicals,
and oil & gas industries applications.
Key global players in the Global FRP Vessels
Market include Denali Incorporated, and Lianyungang Zhongfu Lianzhong
Composites Group Co. Ltd., ZCL Composites Inc., Hexagon Composites ASA
(Norway), Luxfer Group (England), Worthington Industries, Inc., Avanco Group,
Everest Kanto Cylinders Ltd. (India), Quantum Fuel Systems LLC., and Faber
Industrie SpA among others.
Browse
the Global FRP Vessels Market Report @:
https://www.globalmarketestimates.com/market-report/global-frp-vessels-market-2487
·
Fiber Outlook (Revenue, USD Billion, 2020 - 2026)
Ø
Glass
Ø
Carbon
Ø
Others
·
Resin
Outlook (Revenue, USD Billion, 2020 - 2026)
Ø
Epoxy
Ø
Polyester
Ø
Others
·
Application Outlook (Revenue, USD Billion, 2020 - 2026)
Ø
Chemicals
Ø
Automotive
& Transportation
Ø
Industrial
Ø
Water
& Wastewater
Ø
Oil
& Gas
Ø
Others
·
Regional
Outlook (Revenue, USD Billion, 2020 - 2026)
Ø
North
America
o
U.S.
o
Canada
o
Mexico
Ø
Europe
o
Germany
o
UK
o
France
o
Spain
o
Italy
o
Rest of
Europe
Ø
Asia Pacific
o
China
o
India
o
Japan
o
South
Korea
o
Australia
o
Rest of
APAC
Ø
Central
& South America
o
Brazil
o
Argentina
o
Chile
o
Rest of
CSA
Ø
Middle
East & Africa
o
Saudi
Arabia
o
South
Africa
o
UAE
o
Rest of
MEA
Contact: Yash Jain
Email address: sales@globalmarketestimates.com
Phone Number:
+16026667238
Website: https://www.globalmarketestimates.com/
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