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.
A recent market intelligence report on FRP Vessels Market takes a closer look at the major driving forces, restraints and opportunities anticipated to shape the future of the FRP Vessels Market for the forecast period, 2020- 2027. Besides, this different adverse conditions and restraining factors expected to hinder the growth of the industry worldwide is also scrutinized. Trends from both past and present fast gaining momentum and stimulating market growth and development form an important part of the study.
Read more@ https://www.emergenresearch.com/industry-report/frp-vessels-market
Competitive Landscape
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.
You Can Download Free Sample PDF Copy of FRP Vessels Market at https://www.emergenresearch.com/request-sample/430
Regional Landscape
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: [email protected]
Facebook | LinkedIn | Twitter | Blogs