Frp Vessels Market Scenario, Size, Share, Trends, Growth, Analysis, Research, Insights, Outlook, Opp
- sareena shaikh
- Oct 19, 2022
- 3 min read
The report provides an in-depth analysis of the competitive landscape, along with company profiling of key players involved in the global FRP Vessels market drivers and restraints market. The authors of the report make sure to equip readers with a thorough evaluation of the vendor landscape and inform them of the current and future changes that can be expected. The competitive analysis offered in the report inspects the market share, gross margin, product portfolio, consumption, market status, and technologies of leading players controlling a significant portion of the global FRP Vessels market drivers and restraints market.
The global FRP vessels market size was USD 3,140.5 Million in 2019 and is projected to reach USD 5,538.8 Million by 2027, at a CAGR of 7.3% during the forecast period. FRP (fiber-reinforced plastic) vessels are witnessing high demand in industries such as automotive, oil & gas, water & wastewater treatment, and chemicals. Factors such as increasing demand for FRP vessels in the automotive industry, growth of the oil & gas industry, surging preference for FRP vessels over steel vessels, and increasing demand in the APAC region drive the market.
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The major companies Covered in the report are:
Faber Industries SPA, National Oilwell Varco, Luxfer Holdings PLC, Shawcor, Everest Canto Cylinder Ltd., Agility Fuel Solutions LLC, JRMS Engineering Works, ULLIT SA, Hexagon Composites ASA, Worthington Industries Inc.
Highlights of Global FRP Vessels Market Report
Examines the FRP Vessels industry prospects and quickly compares historical, current, and projected market figures.
This report examines growth constraints, market drivers and challenges, and current and prospective development prospects.
Key market participants are evaluated based on various factors, including revenue share, price, regional growth, and product portfolio, to demonstrate how market shares have changed in the past and are expected to change in the future.
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The report comprises an exhaustive overview of the FRP Vessels market, focusing on its leading players and their lucrative business expansion initiatives.
Segments Covered in this report are:
Fiber Type Outlook (Revenue, USD Billion; 2017–2027)
Carbon
Glass
Aramid
Others
Resin Outlook (Revenue, USD Billion; 2017–2027)
Polyester
Epoxy
Polyurethane
Others
Distribution Channel Outlook (Revenue, USD Billion; 2017–2027)
Online
Offline
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Geographical Scenario:
The global FRP Vessels market has been categorized into several important geographical regions. In this section, authors of the report have studied the presence of the global FRP Vessels market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Coverage of the Report:
Detailed scrutiny of the latest market trends, including drivers, opportunities, threats, constraints, challenges, and future investment prospects.
Market segmentation by deployment type, authentication type, component, organization size, industry vertical .
Regional and country-wise market size estimation for the forecast period (2020-2028).
Pricing strategies of the regional market players.
Demand & supply gap analysis.
Competitive landscape analysis.
Market share analysis of the top market players.
Strategic recommendations for new market entrants.
Company profiling of the leading market players.
Brief summary of the key strategies, financial positions, and recent developments of the leading companies.
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