Global FRP Vessels Market - Forecasts to 2026
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: u2022tThe Global FRP Vessels Market is expected grow with a CAGR value of 8.4% during 2020-2026 u2022tGlass segment holds the largest market of FRP vessels in terms of both value and volume. u2022tThe 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. u2022tAsia-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 u2022tFiber Outlook (Revenue, USD Billion, 2020 - 2026) uf0d8tGlass uf0d8tCarbon uf0d8tOthers u2022tResin Outlook (Revenue, USD Billion, 2020 - 2026) uf0d8tEpoxy uf0d8tPolyester uf0d8tOthers u2022tApplication Outlook (Revenue, USD Billion, 2020 - 2026) uf0d8tChemicals uf0d8tAutomotive & Transportation uf0d8tIndustrial uf0d8tWater & Wastewater uf0d8tOil & Gas uf0d8tOthers u2022tRegional Outlook (Revenue, USD Billion, 2020 - 2026) uf0d8tNorth America otU.S. otCanada otMexico uf0d8tEurope otGermany otUK otFrance otSpain otItaly otRest of Europe uf0d8tAsia Pacific otChina otIndia otJapan otSouth Korea otAustralia otRest of APAC uf0d8tCentral & South America otBrazil otArgentina otChile otRest of CSA uf0d8tMiddle East & Africa otSaudi Arabia otSouth Africa otUAE otRest of MEA Contact: Yash Jain Email address: sales@globalmarketestimates.com Phone Number: 16026667238 Website: https://www.globalmarketestimates.com/ Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php
45 views • 3 slides