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Global FRP Tanks Market by Resin Type (Epoxy, Polyester), Fiber Type (Carbon Fiber, Fiberglass), Application - Forecast 2024-2030

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    Report

  • 184 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5888731
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The FRP Tanks Market size was estimated at USD 2.74 billion in 2023, USD 2.88 billion in 2024, and is expected to grow at a CAGR of 5.29% to reach USD 3.93 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the FRP Tanks Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the FRP Tanks Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the FRP Tanks Market, highlighting leading vendors and their innovative profiles. These include , Jiangsu Mingxing Water Supply Equipment Co., Ltd., Abtrex Industries Inc, Arvind Corrotech Ltd., Augusta Fiberglass Coatings, Inc., B&D Plastics LLC, Belco, Inc., BS PROJECTS PVT. LTD., Composite & Metal Products USA, Inc., Design Tanks, Diamond Fiberglass Inc., Fibro Plastichem Pvt. Ltd., Forbes Group, Future Pipe Industries, Hebei Chengda Water Technology Co., Ltd., IPF Limited, KCH Surface Finishing, L.F. Manufacturing, Inc., Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd., Plasticon Composites International Contracting B.V., PT. Induro Internasional, RL Industries, Inc., Ruia Chemicals Pvt. Ltd., SELIP S.p.A., Swami Plast Industries, and Troy Dualam Inc.

Market Segmentation & Coverage

This research report categorizes the FRP Tanks Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Resin Type
    • Epoxy
    • Polyester
  • Fiber Type
    • Carbon Fiber
    • Fiberglass
  • Application
    • Chemicals
    • Oil & Gas
    • Power
    • Pulp & Paper
    • Water & Wastewater
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the FRP Tanks Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the FRP Tanks Market?
  3. What are the technology trends and regulatory frameworks in the FRP Tanks Market?
  4. What is the market share of the leading vendors in the FRP Tanks Market?
  5. Which modes and strategic moves are suitable for entering the FRP Tanks Market?

 

Additional Product Information:

  • Purchase of this report includes 1 year online access with quarterly updates
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

Purchase of this report includes 1 year online access with quarterly updates

Purchase of this report includes 1 year online access with quarterly updates

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. FRP Tanks Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing demand for corrosion-resistant storage solutions
5.1.1.2. Growing emphasis on environmental sustainability and use of eco-friendly materials
5.1.2. Restraints
5.1.2.1. Fluctuating prices of raw materials
5.1.3. Opportunities
5.1.3.1. Advancements in Fiber-reinforced polymer (FRP) tank material and technology
5.1.3.2. Rising investments in water and wastewater treatment facilities
5.1.4. Challenges
5.1.4.1. Availability of alternative materials for tank manufacturing
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. FRP Tanks Market, by Resin Type
6.1. Introduction
6.2. Epoxy
6.3. Polyester
7. FRP Tanks Market, by Fiber Type
7.1. Introduction
7.2. Carbon Fiber
7.3. Fiberglass
8. FRP Tanks Market, by Application
8.1. Introduction
8.2. Chemicals
8.3. Oil & Gas
8.4. Power
8.5. Pulp & Paper
8.6. Water & Wastewater
9. Americas FRP Tanks Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific FRP Tanks Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa FRP Tanks Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. "
13.1.2. "Jiangsu Mingxing Water Supply Equipment Co., Ltd.
13.1.3. Abtrex Industries Inc
13.1.4. Arvind Corrotech Ltd.
13.1.5. Augusta Fiberglass Coatings, Inc.
13.1.6. B&D Plastics LLC
13.1.7. Belco, Inc.
13.1.8. BS PROJECTS PVT. LTD.
13.1.9. Composite & Metal Products USA, Inc.
13.1.10. Design Tanks
13.1.11. Diamond Fiberglass Inc.
13.1.12. Fibro Plastichem Pvt. Ltd.
13.1.13. Forbes Group
13.1.14. Future Pipe Industries
13.1.15. Hebei Chengda Water Technology Co., Ltd.
13.1.16. IPF Limited
13.1.17. KCH Surface Finishing
13.1.18. L.F. Manufacturing, Inc.
13.1.19. Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd.
13.1.20. Plasticon Composites International Contracting B.V.
13.1.21. PT. Induro Internasional
13.1.22. RL Industries, Inc.
13.1.23. Ruia Chemicals Pvt. Ltd.
13.1.24. SELIP S.p.A.
13.1.25. Swami Plast Industries
13.1.26. Troy Dualam Inc.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
List of Figures
FIGURE 1. FRP TANKS MARKET RESEARCH PROCESS
FIGURE 2. FRP TANKS MARKET SIZE, 2023 VS 2030
FIGURE 3. FRP TANKS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. FRP TANKS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. FRP TANKS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. FRP TANKS MARKET DYNAMICS
FIGURE 7. FRP TANKS MARKET SIZE, BY RESIN TYPE, 2023 VS 2030 (%)
FIGURE 8. FRP TANKS MARKET SIZE, BY RESIN TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. FRP TANKS MARKET SIZE, BY FIBER TYPE, 2023 VS 2030 (%)
FIGURE 10. FRP TANKS MARKET SIZE, BY FIBER TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. FRP TANKS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. FRP TANKS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS FRP TANKS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS FRP TANKS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES FRP TANKS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES FRP TANKS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC FRP TANKS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC FRP TANKS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA FRP TANKS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA FRP TANKS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. FRP TANKS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. FRP TANKS MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • "
  • "Jiangsu Mingxing Water Supply Equipment Co., Ltd.
  • Abtrex Industries Inc
  • Arvind Corrotech Ltd.
  • Augusta Fiberglass Coatings, Inc.
  • B&D Plastics LLC
  • Belco, Inc.
  • BS PROJECTS PVT. LTD.
  • Composite & Metal Products USA, Inc.
  • Design Tanks
  • Diamond Fiberglass Inc.
  • Fibro Plastichem Pvt. Ltd.
  • Forbes Group
  • Future Pipe Industries
  • Hebei Chengda Water Technology Co., Ltd.
  • IPF Limited
  • KCH Surface Finishing
  • L.F. Manufacturing, Inc.
  • Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd.
  • Plasticon Composites International Contracting B.V.
  • PT. Induro Internasional
  • RL Industries, Inc.
  • Ruia Chemicals Pvt. Ltd.
  • SELIP S.p.A.
  • Swami Plast Industries
  • Troy Dualam Inc.

Methodology

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Table Information