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Global FRP Tank Market

: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025

Global FRP Tank Market: By Fibre Reinforcement (Glass fibre and Carbon fibre), By Material Type (Polyester, Epoxy, Vinyl esters and Others), By Application (Water & Waste Water, Pulp & Paper, Chemicals, Oil & gas, Power), End User (Aerospace, Construction, Transportation, Others) and Geography

 

Global FRP Tank Market

 

Global FRP Tank Market Report Description:

Global FRP tank market report gives comprehensive outlook on FRP tank across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global FRP tank market gives historical, current, and future market sizes (US$ Mn) on the basis of material, Type of Fibre Reinforcement, Application, End User and region. This report studies global FRP tank market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global FRP tank market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analysed global FRP tank market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global FRP tank market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global FRP tank products.

 

Global FRP Tank Market:

The global FRP tank market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025 due to increase in waste water treatment plants, chemical industries, oil and gas industries. FRP tanks are tanks or vessels made up of fiberglass-reinforced plastics which is a modern composite material. This material is highly corrosive resistant and leak proof. Moreover, there are many more advantages of these tanks like light weight, high physical strength, easy maintenance and less down time with good insulating qualities and they have wide range of applications in different industries for storage of chemicals or any other corrosive material, these are the major factors that are driving the growth of the global Market over the forecast timeframe.

 

Increase in water treatment plants and chemical industries.

Increase in the water treatment plants and chemical industries are key factors drive the global FRP tank market. Due to the increased awareness regarding water pollution and water management around the world many projects related to this have started by the governments of various countries and using FRP tanks to store waste water. Moreover, the wide applications of these tanks in various industries like chemical industry, oil and gas industry power plants, paper and pulp industry are anticipated to propel the global FRP tank market over the forecast years.

 

Asia Pacific Accounts for Larger Market Revenue Share in Global FRP Tank Market

Asia Pacific accounted for larger revenue share in global FRP tank market with significant CAGR, because of high demand of lightweight and non-corrosive storage tanks from the chemical, power, and water & waste water treatment industries and Increasing demand for energy, demand from retail fuel stations, increasing number of desalination plants, looming freshwater shortage, conservation of rainwater, and growing replacement of old existing tanks. North America FRP tank market projected to grow at significant rate owing to increase in chemical Industries are expected to enhance the market

 

Competition Assessment

  • ZCL Composites (Canada)
  • Enduro Composites (U.S.)
  • LF Manufacturing (U.S.)
  • BSF FRP INDUSTRIES (India)
  • Edwards Fiberglass (U.S)
  • Denali Inc. (U.S.)
  • EPP Composites (India)
  • Hexagon Composite Engineering Sdn Bhd (Malaysia)
  • Composite Technology Development, Inc. (U.S.)
  • Luxfer Group (U.K.)
  • Hexagon Composites ASA (Norway)

 

Key Findings of the Report:

 

  • Global FRP tank market expanding at significant CAGR over 2019 to 2025 owing to increase in the waste water treatment projects.
  • Based on application, water and waste water segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period.
  • Players focusing on innovation of newer forms of products and collaboration strategies to retain market position in global FRP tank market.

 

Detailed Segmentation

 

Based on material

  • Polyester
  • Epoxy
  • Vinyl ester
  • Others

Based on Type of Fibre Reinforcement

  • Glass fibre
  • Carbon fibre

 By Application

  • Water & waste water
  • Chemicals
  • Oil & gas
  • Pulp & paper
  • Power
  • Others

By End User

  • Aerospace,
  • Construction,
  • Transportation,
  • Others

 

Geography

 

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

 

Key Features of the Report:

 

  • The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025).
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments and start up’s details that are actively working in the market.
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario.
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market.

Table of Content

  1. Executive Summary
  2. Global FRP Tank Market Introduction
    • Global FRP Tank Market– Taxonomy
    • Global FRP Tank Market–Definitions
      • Material
      • Application
  1. Global FRP Tank Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global FRP Tank Market Dynamic Factors – Impact Analysis
    • Global FRP Tank Market– Competition Landscape
  2. Global FRP Tank Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global FRP Tank Market, By Material, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Polyester
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Epoxy
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • vinylesters
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global FRP Tank Market Forecast, By Application, 2014 – 2018 and Forecast, 2019 – 2025
    • Water & waste water
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Chemicals
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Oil & gas
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Pulp & paper
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Power
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global FRP Tank Market Forecast, By End User, 2014 – 2018 and Forecast, 2019 – 2025
    • Aerospace
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Construction
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Transportation
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global FRP Tank Market, By Type of Fibre Reinforcement, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Glass fibre
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Carbon fibre
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global FRP Tank Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global FRP Tank Market- Opportunity Analysis Index, By Material, Application, Distribution Channel, and Region, 2019 – 2025
  2. North America FRP Tank Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • By Material Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Polyester
      • Epoxy
      • vinylesters
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Water & waste water
      • Chemicals
      • Pulp & paper
      • Power
      • Others 
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Aerospace
      • Construction
      • Transportation
      • Others
    • Type of Fibre Reinforcement Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Glass fibre
      • Carbon fibre
  • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
    • US.
    • Canada
  • North America FRP Tank Market- Opportunity Analysis Index, By Material, Application, Distribution Channel, and Country, 2019 – 2025
  • North America FRP Tank Market Dynamics – Trends
  1. Europe FRP Tank Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • By Material Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Polyester
      • Epoxy
      • vinylesters
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Water & waste water
      • Chemicals
      • Pulp & paper
      • Power
      • Others 
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Aerospace
      • Construction
      • Transportation
      • Others
    • Type of Fibre Reinforcement Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Glass fibre
      • Carbon fibre
  • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Russia
    • Poland
    • Rest of Europe
  • Europe FRP Tank Market- Opportunity Analysis Index, By Material, Application, Distribution Channel, and Country, 2019 – 2025
  • Europe FRP Tank Market Dynamics – Trends
  1. Asia-Pacific FRP Tank Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • By Material Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Polyester
      • Epoxy
      • vinylesters
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Water & waste water
      • Chemicals
      • Pulp & paper
      • Power
      • Others 
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Aerospace
      • Construction
      • Transportation
      • Others
    • Type of Fibre Reinforcement Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Glass fibre
      • Carbon fibre
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific FRP Tank Market- Opportunity Analysis Index, By Material, Application, Distribution Channel, and Country, 2019 – 2025
    • Asia-Pacific FRP Tank Market Dynamics – Trends
  2. Latin America FRP Tank Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • By Material Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Polyester
      • Epoxy
      • vinylesters
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Water & waste water
      • Chemicals
      • Pulp & paper
      • Power
      • Others 
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Aerospace
      • Construction
      • Transportation
      • Others
    • Type of Fibre Reinforcement Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Glass fibre
      • Carbon fibre
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America FRP Tank Market- Opportunity Analysis Index, By Material, Application, Distribution Channel, and Country, 2019 – 2025
    • Latin America FRP Tank Market Dynamics – Trends
  3. Middle East and Africa FRP Tank Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • By Material Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Polyester
      • Epoxy
      • vinylesters
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Water & waste water
      • Chemicals
      • Pulp & paper
      • Power
      • Others 
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Aerospace
      • Construction
      • Transportation
      • Others
    • Type of Fibre Reinforcement Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Glass fibre
      • Carbon fibre
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA FRP Tank Market- Opportunity Analysis Index, By Material, Application, Distribution Channel, and Country, 2019 – 2025
    • MEA FRP Tank Market Dynamics – Trends
  4. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • ZCL Composites (Canada)
      • Enduro Composites (U.S.)
      • LF Manufacturing (U.S.)
      • BSF FRP INDUSTRIES (India)
      • Edwards Fiberglass (U.S)
      • Denali Inc. (U.S.)
      • EPP Composites (India)
      • Hexagon Composite Engineering Sdn Bhd (Malaysia)
      • Composite Type of Fibre Reinforcement Development, Inc. (U.S.)
      • Luxfer Group (U.K.)
      • Hexagon Composites ASA (Norway)
  1. .Research Methodology

Key Assumptions and Acronyms

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