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.
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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.
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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
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Here are the questions we answer…
What are the future opportunities in store for the vendors operating in the FRP Vessels market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the FRP Vessels market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2027?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the FRP Vessels market growth worldwide?
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Table of Content
Chapter 1. FRP Vessels Market Methodology & Sources
1.1. FRP Vessels Market Definition
1.2. FRP Vessels Market Research Scope
1.3. FRP Vessels Market Methodology
1.4. FRP Vessels Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. FRP Vessels Market Key Insights
Chapter 4. FRP Vessels Market Segmentation & Impact Analysis
Chapter 5. FRP Vessels Market By Products Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. FRP Vessels Market By Types Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. FRP Vessels Market By Applications Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 8. FRP Vessels Market By End Use Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 9. FRP Vessels Market Regional Outlook
Chapter 10. Competitive Landscape
Continued...
COMTEX_389138217/2582/2021-06-30T03:07:44
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