June 30, 2021, 3:08 a.m. EDT

FRP Vessels Market Growth Analysis Report, Insights, Outlook, Industry Analysis, Share, Trends, Applications, Types and Forecasts 2027

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Jun 30, 2021 (Heraldkeepers) -- FRP Vessels Market Size - USD 3,140.5 Million in 2019, Market Growth - at a CAGR of 7.3%, Market Trend - Rising preference for FRP vessels over steel vessels

The FRP Vessels market is further segmented in terms of applications, end-user, end-use, geographic presence, by-products as well as services. In addition, the subject matter experts evaluating the industry provide an all-inclusive category-specific industry outlook. A comprehensive collection of data on major companies occupying a strong foothold in the industry adds immense value to the overall research. The assessment of the wining strategies followed by these companies can help business owners not only strategize but also execute business operations by referring the statistics about competitor analysis. Careful assessment of the industry analysis across different regions along with vital information on the market size, share and growth rate makes this report a wonderful resource for business evangelists.

You Can Download Free Sample PDF Copy of FRP Vessels Market at https://www.emergenresearch.com/request-sample/430

Key Highlights of Report

In October 2019, National Oilwell Varco made an announcement about the acquisition of Denali Inc. The largest business unit of Denali, called Containment Solutions, Inc., primarily produces underground FRP tanks deployed for fuel storage at gasoline stations throughout North America.

CFRP vessels are witnessing significant increase in the demand, due to higher tensile strength of CFRP. Tensile strength of CFRP is about 10 times higher than that of ordinary steel. Also, the elasticity modulus of CFRP is higher than steel, glass fiber, and aramid.

Polyurethane resin in fiberglass composites has been widely tested in terms of compression, tensile strength, and flexural strength. Polyurethane possesses an exceptional strength-to-weight ratio, improved robustness, and superior UV resistance.

In the chemical industry, FRP vessels are extensively employed in applications such as fertilizers, food processing, metal extraction, refining, pulp and paper, electroplating, chlor-alkali production, and air pollution control equipment.

Key market participants include 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, and Worthington Industries Inc.

Buy now@ https://www.emergenresearch.com/select-license/430

Regional scope: – North America; Europe; Asia Pacific; Central & South America; MEA

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

Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)

Automotive & Transportation

Chemicals

Oil & Gas

Water & Wastewater

Others

You Can Download Free Sample PDF Copy of FRP Vessels Market at https://www.emergenresearch.com/request-sample/430

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