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FRP Vessels Market by Product Fiber Type(Glass Fiber, Carbon Fiber, and Other), Resin (Polyester, Epoxy, and Other), and Application (Automotive & Transportation, Water & Wastewater, Chemical, Oil & Gas, Industrial, and Other): Global Opportunity Analysis and Industry Forecast, 2020–2027

A10295
Pages: 310
Feb 2021 | 435 Views
 
Author(s) : Chidanand Bilagi, Krunal Yeware , Eswara Prasad
Tables: 193
Charts: 51
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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FRP Vessels Market Statistics - 2027

The global FRP vessels market forecast was valued at $1.1 billion in 2019, and is projected to reach $1.6 billion by 2027, growing at a CAGR of 6.4% from 2020 to 2027. Fiber reinforced plastic (FRP) is a combination of polymer matrix reinforced with fiber material. FRP vessels are modern equipment that is used in chemical plants, oil & gas, wastewater treatment plant, mining, and power. FRP is used to fabricate vessels that have size ranging from 1 meter to 20 meter. FRP vessels are fabricated through several design standards such as Bs4994-87, ASME RTP-1, ASTM 3299, and SS245:1995. These design standards are incorporated to ensure specified thickness of the vessels, axial stress, hoop stress, physical properties, and Young’s modulus. Other than main stream applications, these are also used in chlor-alkali manufacturing plant, pulp and paper industry, air pollution control equipment, electroplating application, and brine manufacturing plant. 

The COVID-19 outbreak has impacted negatively on the global FRP vessels market owing to negative impact on major consumer of FRP vessels such as automotive & transportation, chemical, oil & gas, and industrial sectors.

FRP vessels market growth factors are rising adoption of FRP vessels in chemical plants owing to their beneficial properties such as light weight, easy to handle, can be customized easily depending upon customer requirement, and simple installation process. In addition, growing need of municipal waste water treatment and rising number of portable water treatment plant is the key market trend in the global market. On the contrary, FRP has low elastic modulus; thus, vessels made up of FRP lack rigidity, have poor long term temperature resistance, and these vessels are susceptible to performance degradation under the influence of UV rays. These factors are predicted to hinder the global market growth in the forecast period. However, FRP composite vessels can be easily moved, handled, and require minimal installation cost as compared to steel or metallic vessels.

FRP-Vessels-market

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The FRP vessels market analysis is done based on fiber type, resin, application, and region. Based on fiber type, the global market is segmented into glass fiber, carbon fiber, and others. Based on resin, the global market is segmented into polyester, epoxy, and others. Based on application, the global market is segmented into automotive & transportation, water & wastewater, chemicals, oil & gas, industrial, and others. On the basis of region, the global FRP vesselsmarket is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, Asia-Pacific accounts for the largest share in the global market, followed by North America and Europe. The major companies profiled in this report include Sainath Industrial Corporation (SIC), Plas-Tank Industries Inc., Augusta Fiberglass, Group Surya, JRMS Engineering Works, TROY Dualam Inc., Kaymo Fiber Reinforced Plastic Manufacture Co. Ltd., Swami Plastic Industries, Plamer, and Link Engineers.

FRP Vessels Market
By Fiber Type

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Glass fiber is projected as the most lucrative segment.

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FRP vessels market, by region

The Asia-Pacific FRP vessels market size is projected to grow at the highest CAGR of 8.7% during the forecast period and accounting for 47.0% of FRP vessels market share. Rising R&D activity in China for reduction of FRP vessel cost and widened adoption of FRP in aeronautic, marine, and automotive sector has pushed the need of FRP, which are the major FRP vessels growth drivers in this region. In addition, growing need of new FRP material for renovation of civil structures has pushed the adoption of FRP among top civil infrastructure companies in India, which are considerable factors that are augmenting the FRP vessels market in the Asia-Pacific region.

FRP Vessels Market
By Region

2027
Apac 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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FRP vessels market, by resin

In 2019, the polyester FRP vessels segment was the largest revenue-generating segment and is anticipated to grow at CAGR 7.0% in the forecast period. While the epoxy FRP vessels segment is predicted to grow with 5.8% CAGR.

FRP Vessels Market
By Resin Type

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Polyester is projected as the most lucrative segment.

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FRP vessels market, by application

In 2019, the water & wastewater was the largest revenue-generating segment, and is anticipated to grow at a CAGR of 4.6% during the forecast period, while the automotive & transportation segment is anticipated to grow with 7.8% CAGR during the forecast period. 

FRP Vessels Market
By application

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Automotive & transportation is projected as the most lucrative segment.

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Key benefits for stakeholders

  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • It outlines the current FRP vessels market trends and future estimations from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.
  • The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
  • The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
  • The profiles of key players and their key strategic developments are enlisted in the report.

Impact Of Covid-19 On The Global Frp Vessels Market

  • The COVID-19 pandemic has negatively affected the global economy and is subsequently shrinking the GDP in global economies, thereby changing consumer spending patterns globally.
  • Automotive sector had severe negative impact due to disruption in import & export of automotive parts, manufacturing interruptions across European region, and temporary closure of assembly plants in the U.S. FRP finds its application in automotive sector and in turn the global market has been negatively affected in this pandemic situation.
  • FRP is used in water & wastewater treatment plant, however owing to spread of coronavirus, this sector has been affected negatively. According to National Association of Clean Water Agencies (NACWA), $12.5 billion revenue loss was observed due to COVID-19 pandemic. Thus, the global FRP vessels market has been affected negatively in the pandemic. 
  • Chemical industry has observed minimal impact due to COIVD-19, this is attributed to newer decarbonization technologies, increased use of digital technologies, and some chemical companies facing oversupply situation in specific market segments. Thus, the FRP vessels market is predicted to have mixed effect inthe chemical sector. 

Key market segments

By Fiber Type

  • Glass Fiber
  • Carbon Fiber
  • Others

By Resin

  • Polyester
  • Epoxy
  • Others

By Application

  • Automotive & Transportation
  • Water & Wastewater
  • Chemicals
  • Oil & Gas
  • Industrial
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

Key players in the global FRP vessels industry are:

  • Sainath Industrial Corporation (SIC)
  • Plas-Tank Industries Inc.
  • Augusta Fiberglass
  • Group Surya
  • JRMS Engineering Works
  • TROY Dualam Inc.
  • Kaymo Fiber Reinforced Plastic Manufacture Co. Ltd. 
  • Swami Plastic Industries
  • Palmer
  • Link Engineers
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research

1.5.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Rising adoption of FRP vessels in water and wastewater treatment industry
3.4.1.2.Utilization of FRP vessels in chemical industry owing to its beneficial properties

3.4.2.Restrain

3.4.2.1.High cost of FRP vessels and regulatory approvals

3.4.3.Opportunity

3.4.3.1.Replacement of steel vessels by FRP vessels in oil & gas sector

3.5.Pricing analysis
3.6.Value chain analysis
3.7.Impact of key regulations on the global FRP Vessels market
3.8.Impact of COVID-19 on the global FRP Vessels market
3.9.Patent analysis, 2013-2020

CHAPTER 4:GLOBAL FRP VESSELS MARKET, BY FIBER TYPE

4.1.Overview

4.1.1.Market size and forecast, by fiber type

4.2.Glass Fiber

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Carbon fiber reinforced plastic

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Other

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

CHAPTER 5:GLOBAL FRP VESSELS MARKET, BY RESIN

5.1.Overview

5.1.1.Market size and forecast, by resin

5.2.Polyester

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Epoxy

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Other

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

CHAPTER 6:FRP VESSELS MARKET, BY APPLICATION

6.1.Overview

6.1.1.Market size and forecast, by application

6.2.Automotive & Transportation

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Water & wastewater

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Chemical

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.Oil & Gas

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

6.6.Industrial

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market analysis, by country

6.7.Others

6.7.1.Key market trends, growth factors, and opportunities
6.7.2.Market size and forecast, by region
6.7.3.Market analysis, by country

CHAPTER 7:FRP VESSELS MARKET, BY REGION

7.1.Overview

7.1.1.Market analysis, by Region

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by fiber type
7.2.3.Market size and forecast, by resin
7.2.4.Market size and forecast, by application
7.2.5.Market analysis, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by fiber type
7.2.5.1.2.Market size and forecast, by resin
7.2.5.1.3.Market size and forecast, by application

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by fiber type
7.2.5.2.2.Market size and forecast, by resin
7.2.5.2.3.Market size and forecast, by application

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by fiber type
7.2.5.3.2.Market size and forecast, by resin
7.2.5.3.3.Market size and forecast, by application

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by fiber type
7.3.3.Market size and forecast, by resin
7.3.4.Market size and forecast, by application
7.3.5.Market analysis, by country

7.3.5.1.France

7.3.5.1.1.Market size and forecast, by fiber type
7.3.5.1.2.Market size and forecast, by resin
7.3.5.1.3.Market size and forecast, by application

7.3.5.2.Germany

7.3.5.2.1.Market size and forecast, by fiber type
7.3.5.2.2.Market size and forecast, by resin
7.3.5.2.3.Market size and forecast, by application

7.3.5.3.UK

7.3.5.3.1.Market size and forecast, by fiber type
7.3.5.3.2.Market size and forecast, by resin
7.3.5.3.3.Market size and forecast, by application

7.3.5.4.Italy

7.3.5.4.1.Market size and forecast, by fiber type
7.3.5.4.2.Market size and forecast, by resin
7.3.5.4.3.Market size and forecast, by application

7.3.5.5.Spain

7.3.5.5.1.Market size and forecast, by fiber type
7.3.5.5.2.Market size and forecast, by resin
7.3.5.5.3.Market size and forecast, by application

7.3.5.6.Rest of Europe

7.3.5.6.1.Market size and forecast, by fiber type
7.3.5.6.2.Market size and forecast, by resin
7.3.5.6.3.Market size and forecast, by application

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by fiber type
7.4.3.Market size and forecast, by resin
7.4.4.Market size and forecast, by application
7.4.5.Market analysis, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by fiber type
7.4.5.1.2.Market size and forecast, by resin
7.4.5.1.3.Market size and forecast, by application

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by fiber type
7.4.5.2.2.Market size and forecast, by resin
7.4.5.2.3.Market size and forecast, by application

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by fiber type
7.4.5.3.2.Market size and forecast, by resin
7.4.5.3.3.Market size and forecast, by application

7.4.5.4.South Korea

7.4.5.4.1.Market size and forecast, by fiber type
7.4.5.4.2.Market size and forecast, by resin
7.4.5.4.3.Market size and forecast, by application

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, by fiber type
7.4.5.5.2.Market size and forecast, by resin
7.4.5.5.3.Market size and forecast, by application

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by fiber type
7.5.3.Market size and forecast, by resin
7.5.4.Market size and forecast, by application
7.5.5.Market analysis, by country

7.5.5.1.Brazil

7.5.5.1.1.Market size and forecast, by fiber type
7.5.5.1.2.Market size and forecast, by resin
7.5.5.1.3.Market size and forecast, by application

7.5.5.2.Saudi Arabia

7.5.5.2.1.Market size and forecast, by fiber type
7.5.5.2.2.Market size and forecast, by resin
7.5.5.2.3.Market size and forecast, by application

7.5.5.3.South Africa

7.5.5.3.1.Market size and forecast, by fiber type
7.5.5.3.2.Market size and forecast, by resin
7.5.5.3.3.Market size and forecast, by application

7.5.5.4.Rest of LAMEA

7.5.5.4.1.Market size and forecast, by fiber type
7.5.5.4.2.Market size and forecast, by resin
7.5.5.4.3.Market size and forecast, by application

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.INTRODUCTION

8.1.1.MARKET PLAYER POSITIONING, 2020

8.2.MARKET SHARE ANALYSIS OF TOP PLAYERS, 2018 (%)
8.3.PRODUCT MAPPING OF TOP 10 PLAYER
8.4.COMPETITIVE DASHBOARD
8.5.COMPETITIVE HEATMAP

CHAPTER 9:COMPANY PROFILES

9.1.Sainath Industrial Corporation (SIC)

9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Product portfolio

9.2.Plas-Tanks Industries Inc.

9.2.1.Company overview
9.2.2.Company snapshot
9.2.3.Product portfolio

9.3.Augusta Fiberglass

9.3.1.Company overview
9.3.2.Company snapshot
9.3.3.Product portfolio

9.4.Group Surya

9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Product portfolio

9.5.JRMS Engineering Works

9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Product portfolio

9.6.TROY Dualam Inc.

9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Product portfolio

9.7.Kaymo Fiber Reinforced Plastic Manufacture Co. Ltd.

9.7.1.Company overview
9.7.2.Company snapshot
9.7.3.Product portfolio

9.8.Swami Plastic Industries

9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Product portfolio

9.9.Palmer

9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Product portfolio

9.10.Link Engineers

9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Product portfolio

LIST OF TABLES

TABLE 01.PRICING ANALYSIS, BY COUNTRY, 2019–2027 ($/KG)
TABLE 02.GLOBAL FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTONS)
TABLE 03.GLOBAL FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 04.GLASS FIBER REINFORCED PLASTIC MARKET, BY REGION, 2019–2027 (KILOTONS)
TABLE 05.GLASS FIBER REINFORCED PLASTIC MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 06.CARBON FIBER REINFORCED PLASTIC MARKET, BY REGION, 2019–2027 (KILOTONS)
TABLE 07.CARBON FIBER REINFORCED PLASTIC MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 08.OTHER REINFORCED PLASTIC MARKET, BY REGION, 2019–2027 (KILOTONS)
TABLE 09.OTHER REINFORCED PLASTIC MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 10.GLOBAL FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTONS)
TABLE 11.GLOBAL FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 12.FRP MARKET FOR POLYESTER, BY REGION, 2019–2027 (KILOTONS)
TABLE 13.FRP MARKET FOR POLYESTER, BY REGION, 2019–2027 ($MILLION)
TABLE 14.CARBON FIBER REINFORCED PLASTIC MARKET, BY REGION, 2019–2027 (KILOTONS)
TABLE 15.CARBON FIBER REINFORCED PLASTIC MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 16.OTHER REINFORCED PLASTIC MARKET, BY REGION, 2019–2027 (KILOTONS)
TABLE 17.OTHER REINFORCED PLASTIC MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 18.GLOBAL FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 19.GLOBAL FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 20.FRP VESSELS MARKET FOR AUTOMOTIVE AND TRANSPORTATION, BY REGION, 2019–2027 (KILOTON)
TABLE 21.FRP VESSELS MARKET FOR AUTOMOTIVE AND TRANSPORTATION, BY REGION, 2019–2027 ($MILLION)
TABLE 22.FRP VESSELS MARKET FOR WATER & WASTEWATER, BY REGION, 2019–2027 (KILOTON)
TABLE 23.FRP VESSELS MARKET FOR WATER & WASTEWATER, BY REGION, 2019–2027 ($MILLION)
TABLE 24.FRP VESSELS MARKET FOR CHEMICAL, BY REGION, 2019–2027 (KILOTON)
TABLE 25.FRP VESSELS MARKET FOR CHEMICAL, BY REGION, 2019–2027 ($MILLION)
TABLE 26.FRP VESSELS MARKET FOR OIL & GAS, BY REGION, 2019–2027 (KILOTON)
TABLE 27.FRP VESSELS MARKET FOR OIL & GAS, BY REGION, 2019–2027 ($MILLION)
TABLE 28.FRP VESSELS MARKET FOR INDUSTRIAL, BY REGION, 2019–2027 (KILOTON)
TABLE 29.FRP VESSELS MARKET FOR OIL & GAS, BY REGION, 2019–2027 ($MILLION)
TABLE 30.FRP VESSELS MARKET FOR OTHER, BY REGION, 2019–2027 (KILOTON)
TABLE 31.FRP VESSELS MARKET FOR OTHER, BY REGION, 2019–2027 ($MILLION)
TABLE 32.GLOBAL FRP VESSELS MARKET, BY REGION, 2019-2027 (KILOTON)
TABLE 33.GLOBAL FRP VESSELS MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 34.NORTH AMERICA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 35.NORTH AMERICA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 36.NORTH AMERICA FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 37.NORTH AMERICA FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 38.NORTH AMERICA FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 39.NORTH AMERICA FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 40.NORTH AMERICA FRP VESSELS MARKET, BY COUNTRY, 2019-2027 (KILOTON)
TABLE 41.NORTH AMERICA FRP VESSELS MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 42.U.S. FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 43.U.S. FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 44.U.S. FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 45.U.S. FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 46.U.S. FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 47.U.S. FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 48.CANADA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 49.CANADA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 50.CANADA FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 51.CANADA FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 52.CANADA FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 53.CANADA FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 54.MEXICO FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 55.MEXICO FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 56.MEXICO FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 57.MEXICO FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 58.MEXICO FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 59.MEXICO FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 60.EUROPE FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 61.EUROPE FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 62.EUROPE FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 63.EUROPE FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 64.EUROPE FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 65.EUROPE FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 66.EUROPE FRP VESSELS MARKET, BY COUNTRY, 2019-2027 (KILOTON)
TABLE 67.EUROPE FRP VESSELS MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 68.FRANCE FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 69.FRANCE FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 70.FRANCE FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 71.FRANCE FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 72.FRANCE FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 73.FRANCE FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 74.GERMANY FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 75.GERMANY FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 76.GERMANY FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 77.GERMANY FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 78.GERMANY FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 79.GERMANY FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 80.UK FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 81.UK FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 82.UK FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 83.UK FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 84.UK FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 85.UK FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 86.ITALY FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 87.ITALY FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 88.ITALY FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 89.ITALY FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 90.ITALY FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 91.ITALY FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 92.SPAIN FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 93.SPAIN FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 94.SPAIN FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 95.SPAIN FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 96.SPAIN FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 97.SPAIN FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 98.REST OF EUROPE FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 99.REST OF EUROPE FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 100.REST OF EUROPE FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 101.REST OF EUROPE FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 102.REST OF EUROPE FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 103.REST OF EUROPE FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 104.ASIA-PACIFIC FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 105.ASIA-PACIFIC FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 106.ASIA-PACIFIC FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 107.ASIA-PACIFIC FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 108.ASIA-PACIFIC FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 109.ASIA-PACIFIC FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 110.ASIA-PACIFIC FRP VESSELS MARKET, BY COUNTRY, 2019-2027 (KILOTON)
TABLE 111.ASIA-PACIFIC FRP VESSELS MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 112.CHINA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 113.CHINA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 114.CHINA FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 115.CHINA FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 116.CHINA FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 117.CHINA FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 118.JAPAN FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 119.JAPAN FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 120.JAPAN FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 121.JAPAN FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 122.JAPAN FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 123.JAPAN FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 124.INDIA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 125.INDIA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 126.INDIA FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 127.INDIA FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 128.INDIA FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 129.INDIA FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 130.SOUTH KOREA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 131.SOUTH KOREA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 132.SOUTH KOREA FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 133.SOUTH KOREA FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 134.SOUTH KOREA FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 135.SOUTH KOREA FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 136.REST OF ASIA-PACIFIC FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 137.REST OF ASIA-PACIFIC FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 138.REST OF ASIA-PACIFIC FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 139.REST OF ASIA-PACIFIC FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 140.REST OF ASIA-PACIFIC FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 141.REST OF ASIA-PACIFIC FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 142.LAMEA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 143.LAMEA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 144.LAMEA FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 145.LAMEA FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 146.LAMEA FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 147.LAMEA FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 148.LAMEA FRP VESSELS MARKET, BY COUNTRY, 2019-2027 (KILOTON)
TABLE 149.LAMEA FRP VESSELS MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 150.REST OF ASIA-PACIFIC FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 151.REST OF ASIA-PACIFIC FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 152.REST OF ASIA-PACIFIC FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 153.REST OF ASIA-PACIFIC FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 154.REST OF ASIA-PACIFIC FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 155.REST OF ASIA-PACIFIC FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 156.SAUDI ARABIA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 157.SAUDI ARABIA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 158.SAUDI ARABIA FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 159.SAUDI ARABIA FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 160.SAUDI ARABIA FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 161.SAUDI ARABIA FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 162.SOUTH AFRICA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 163.SOUTH AFRICA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 164.SOUTH AFRICA FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 165.SOUTH AFRICA FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 166.SOUTH AFRICA FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 167.SOUTH AFRICA FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 168.REST OF LAMEA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027(KILOTON)
TABLE 169.REST OF LAMEA FRP VESSELS MARKET, BY FIBER TYPE, 2019-2027 ($MILLION)
TABLE 170.REST OF LAMEA FRP VESSELS MARKET, BY RESIN, 2019-2027(KILOTON)
TABLE 171.REST OF LAMEA FRP VESSELS MARKET, BY RESIN, 2019-2027 ($MILLION)
TABLE 172.REST OF LAMEA FRP VESSELS MARKET, BY APPLICATION, 2019-2027(KILOTON)
TABLE 173.REST OF LAMEA FRP VESSELS MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 174.SIC: COMPANY SNAPSHOT
TABLE 175.SIC: PRODUCT PORTFOLIO
TABLE 176.PLAS-TANK: COMPANY SNAPSHOT
TABLE 177.PLAS-TANK: PRODUCT PORTFOLIO
TABLE 178.AUGUSTA FIBERGLASS: COMPANY SNAPSHOT
TABLE 179.AUGUSTA FIBERGLASS: PRODUCT PORTFOLIO
TABLE 180.KING PLASTIC: COMPANY SNAPSHOT
TABLE 181.SURYA: PRODUCT PORTFOLIO
TABLE 182.JRMS: COMPANY SNAPSHOT
TABLE 183.JRMS: PRODUCT PORTFOLIO
TABLE 184.TROY: COMPANY SNAPSHOT
TABLE 185.TROY: PRODUCT PORTFOLIO
TABLE 186.KAYMO: COMPANY SNAPSHOT
TABLE 187.KAYMO:PRODUCT PORTFOLIO
TABLE 188.SWAMI PLASTIC INDUSTRIES: COMPANY SNAPSHOT
TABLE 189.SWAMI PLASTIC INDUSTRIES: PRODUCT PORTFOLIO
TABLE 190.PALMER: COMPANY SNAPSHOT
TABLE 191.PALMER: PRODUCT PORTFOLIO
TABLE 192.LINK ENGINEERS: COMPANY SNAPSHOT
TABLE 193.LINK ENGINEERS: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.GLOBAL FRP VESSELS MARKET SNAPSHOT
FIGURE 02.GLOBAL FRP VESSELS MARKET SEGMENTATION
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.BARGAINING POWER OF SUPPLIERS
FIGURE 05.BARGAINING POWER OF BUYERS
FIGURE 06.THREAT OF NEW ENTRANTS
FIGURE 07.THREAT OF SUBSTITUTES
FIGURE 08.COMPETITIVE RIVALRY
FIGURE 09.GLOBAL FRP VESSELS MARKET DYNAMICS
FIGURE 10.VALUE CHAIN ANALYSIS
FIGURE 11.PATENT ANALYSIS, BY COUNTRY, 2020
FIGURE 12.PATENT ANALYSIS, BY APPLICANT, 2020
FIGURE 13.PATENT ANALYSIS, BY PUBLICATION DATE, 2020
FIGURE 14.GLOBAL FRP VESSELS MARKET, BY FIBER TYPE, 2019–2027 ($MILILION)
FIGURE 15.COMPARATIVE ANALYSIS OF GLASS FIBER REINFORCED PLASTIC MARKET, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 16.COMPARATIVE ANALYSIS OF CARBON FIBER REINFORCED PLASTIC MARKET, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 17.COMPARATIVE ANALYSIS OF OTHER REINFORCED PLASTIC MARKET, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 18.GLOBAL FRP VESSELS MARKET, BY RESIN 2019–2027 ($MILILION)
FIGURE 19.COMPARATIVE ANALYSIS OF FRP MARKET FOR POLYESTER, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 20.COMPARATIVE ANALYSIS OF CARBON FIBER REINFORCED PLASTIC MARKET, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 21.COMPARATIVE ANALYSIS OF OTHER REINFORCED PLASTIC MARKET, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 22.GLOBAL FRP VESSELS MARKET, BY ENDUSER, 2019–2027 ($MILILION)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF FRP VESSELS MARKET FOR AUTOMOTIVE AND TRANSPORTATION, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF FRP VESSELS MARKET FOR WATER & WASTEWATER, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF FRP VESSELS MARKET FOR CHEMICAL, BY COUNTRY,  2019 VS 2027 ($MILLION)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF FRP VESSELS MARKET FOR OIL & GAS, BY COUNTRY,  2019 VS 2027 ($MILLION)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF FRP VESSELS MARKET FOR INDUSTRIAL, BY COUNTRY,  2019 VS 2027 ($MILLION)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF FRP VESSELS MARKET FOR OTHER, BY COUNTRY,  2019 VS 2027 ($MILLION)
FIGURE 29.U.S. FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 30.CANADA FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 31.MEXICO FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 32.FRANCE FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 33.GERMANY FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 34.UK FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 35.ITALY FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 36.SPAIN FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 37.REST OF EUROPE FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 38.CHINA FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 39.JAPAN FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 40.INDIA FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 41.SOUTH KOREA FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 42.REST OF ASIA-PACIFIC FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 43.REST OF ASIA-PACIFIC FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 44.SAUDI ARABIA FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 45.SOUTH AFRICA FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 46.REST OF LAMEA FRP VESSELS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 47.MARKET PLAYER POSITIONING, 2020
FIGURE 48.MARKET SHARE ANALYSIS: XXXXXXX MARKET, 2018 (%)
FIGURE 49.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 50.COMPETITIVE DASHBOARD
FIGURE 51.COMPETITIVE HEATMAP OF KEY PLAYERS

 
 

The global FRP vessels market is a low-volume high-value market in regards to an extremely essential role played by FRP vessels in automotive & transportation, water & wastewater, chemicals, oil & gas, and industrial sectors. In addition, mainstream application industries such as pulp & paper, pharma, food processing, desalination plant, and power plant, are predicted to offer lucrative growth opportunities in the future. Industrial sectors such as construction, consumer goods, protective equipment, and marine infrastructure widely incorporate FRP as base material of construction, which is another factor favorable for the growth of the global market. Oil & gas exploration activity and production has been increasing drastically and coupled with new innovative technologies needs durable and corrosive resistant material. For instance, hydraulic fracturing is an advanced technology in the oil & gas industry for extracting unconventional oil & gas resource, which is predicted to augment the demand of the global market according to various CXOs.

Since early development of oil production steel pipes were used for transportation of crude oil and gas. However, steel pipes are being replaced by FRP insulated pipes due to their capability of withstanding hostile environmental conditions. Coupled with other factors such as sulfur crude, mud, and saltwater, which decrease the service life of steel pipes. Thus, FRP is being adopted as the material of construction in oil & gas application that are located and need to be operated under these environmental conditions.

 

 
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A. Automotive and transportation industry is projected to increase the demand of FRP vessels market

A. Polyester resin type is leading segment in FRP vessels market

A. The report sample for global FRP vessels market report can be obtained on demand from the website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.

A. Mainstream application industries such as pulp & paper, pharma, food processing, desalination plant, and power plant are the major growth factor in the global market.

A. Water & wastewater application is expected to drive the demand of FRP vessels market

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. Growing need of municipal waste water treatment and rising number of portable water treatment plant are the other major growth factors in the global market

A. The FRP vessels market size is projected to reach $1,638.1 million by 2027.

A. Sainath Industrial Corporation (SIC), Plas-Tank Industries Inc., Augusta Fiberglass, Group Surya, JRMS Engineering Works, TROY Dualam Inc., Kaymo Fiber Reinforced Plastic Manufacture Co. Ltd., Swami Plastic Industries, Plamer, and Link Engineers are the top companies in the global FRP vessels market.

A. COVID-19 will impact negatively on the global FRP vessels market. This is attributed due to • The COVID-19 pandemic has negatively affected the global economy and is subsequently shrinking the GDP in global economies, thereby changing consumer spending patterns globally. • Automotive sector had severe negative impact due to disruption in import & export of automotive parts, manufacturing interruptions across European region, and temporary closure of assembly plants in the U.S. FRP finds its application in automotive sector and in turn the global market has been negatively affected in this pandemic situation. • FRP is used in water & wastewater treatment plant, however owing to spread of coronavirus, this sector has been affected negatively. According to National Association of Clean Water Agencies (NACWA), $12.5 billion revenue loss was observed due to COVID-19 pandemic. Thus, the global FRP vessels market has been affected negatively in the pandemic. • Chemical industry has observed minimal impact due to COIVD-19, this is attributed to newer decarbonization technologies, increased use of digital technologies, and some chemical companies facing oversupply situation in specific market segments. Thus, the FRP vessels market is predicted to have mixed effect inthe chemical sector.

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