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.
The latest market intelligence study on the FRP Vessels Market covers the performance of both the key vendors and new entrants for the forecast period, 2020 - 2027. Estimated value, profits, gross margin, spending power and consumption volume form an important part of the study that aims at offering the business owners, stakeholders, and marketing personnel a competitive edge over others. Importantly, the study discusses a lot about, the product application, classification and performance across different regions. The industry assessment report weighs upon the top performers and also the winning strategies that have enabled them to occupy a strong foothold in the FRP Vessels Market.
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)
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