FRP Tank Market - Forecast(2024 - 2030)

Report Code: CMR 0650 Report Format: PDF + Excel
Fiberglass reinforced plastic (FRP), is used to construct mainly chemical storage tanks, various types of piping systems, apparatus and other industrial process equipment. The conventional properties of FRP material is not beatable compared to other material, is the reason we prefer it to use for chemical and other industrial process. This is highly corrosive resistance. There are many applications of fiberglass reinforced plastic such as chemical storage tanks, underground fuel storage tanks, and pump station sump and so on. There are various technology which we employ to FRP tank to make it positively and efficiently work.

The market of FRP tanks is segmented in more briefly such as the resin type of FRP tank, Fiber Type, technology, Process Equipment/Applications and by the End-users.

What is FRP Tank?
It is a modern composite material to produce the chemical plant equipment like tank and vessels. The storage tank & vessels are manufactured by contact moulding method. FRP provides highest corrosive property to the products produce by moulding. This type of tanks has many other advantage such as lightweight, high physical strength, easy maintenance and less down time with good insulating qualities.

What are the applications of FRP Tank?
Application of FRP tank in is becoming crucial, we use it for water & wastewater, chemicals, and other oil and gas application because of the light weight and superior properties of composite material. FRP composites gives low maintenance and long product life. Many industry verticals is using fiber-glass-reinforced plastics (FRP) such as Metals and mining, Power generation, Manufacturing and others.

Market Research and Market Trends of FRP Tank Market:
  • FRP tanks, due to light in weight and long life performance we can use as water storage for domestic purpose. Not only as a water tank, by the flexibility in FRP material, it also provided various type of piping, joining products with less cost compare to other material. FRP composites is ecofriendly it has recycling advantage also.
  • A new composite material advantage, bridge products require regular maintenance and replacement of components if it is made of general products. When it comes to FRP composites, FRP provides new line of standard FRP trail bridges with zero maintenance and long lasting.
  • FRP composite are widely replacing the old age iron, steel or other metal formed tanks and taking the properties to another level such as low cost, long life and no corrosion. Most of the refinery are also changing its metal pipes with FRP composite pipe due to the mechanical strength found in FRP.

Who are the Major Players of FRP Tank Market?
The major players in this market are Luxfer Holdings, ZCL Composites, Inc, Denali Incorporated and 7 other companies.

What is our report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.

All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.

Key Takeaways from this Report
  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
  • Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
  • Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.
  • Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes. 
  • Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years. 
  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market. 
1. FRP Tank Market - Overview
1.1. Definitions and Scope
2. FRP Tank Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. FRP Tank Market 
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis 
4. FRP Tank Market – Startup companies Scenario Premium
4.1. Top 10 startup company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. FRP Tank Market – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. FRP Tank Market Forces
6.1. Drivers
6.2. Constraints
6.3. Challenges
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. Threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes 
7. FRP Tank Market -Strategic analysis
7.1. Value chain analysis
7.2. Opportunities analysis
7.3. Product life cycle
7.4. Suppliers and distributors Market Share
8. FRP Tank Market – Resin type (Market Size -$Million / $Billion)
8.1. Market Size and Market Share Analysis 
8.2. Application Revenue and Trend Research
8.3. Product Segment Analysis
8.3.1. Resins by Class Thermosets Resin Thermoplastic Resins
8.3.2. Resins by Composites Polyester resins Epoxies Vinyl esters Polyurethanes Phenolics
8.3.3. Others
9. FRP Tank Market – By Fiber Type (Market Size -$Million / $Billion)
9.1. Fiber reinforcements
9.1.1. Aramid fibers
9.1.2. Carbon fibers
9.2. Glass fibers
9.2.1. A-glass
9.2.2. D-glass
9.2.3. ECR-glass
9.2.4. AR-glass
9.2.5. R-glass
9.2.6. S-2-glass
9.2.7. Others
10. FRP Tank Market – By Technology (Market Size -$Million / $Billion)
10.1. Primary manufacturing equipment
10.1.1. Casting equipment
10.1.2. Flow-coating equipment
10.1.3. Polymer concrete machinery
10.1.4. Thermosets
10.1.5. Resin transfer molding equipment (RTM)
10.1.6. Rotational molding equipment
10.1.7. Spray guns
10.1.8. Others
10.2. Auxiliary processing & repair equipment
10.2.1. Adhesive applicators
10.2.2. Bonding equipment
10.2.3. Catalyst dispensers
10.2.4. Metering/dispensing equipment
10.2.5. Mixers
10.2.6. Process controls
10.2.7. Others
10.3. Fiber converting/prepreg manufacturing equipment
10.3.1. Metering/dispensing equipment
10.3.2. Preform manufacturing equipment
10.4. Testing equipment
10.5. Gauging equipment
10.6. Monitoring equipment
10.7. Analytical equipment
10.8. Software
10.9. Others
11. FRP Tank Market – By Process Equipment/Applications (Market Size -$Million / $Billion)
11.1. Introduction
11.2. Chemical Storage Tanks
11.3. Underground Fuel Storage Tanks
11.4. Pickling and Plating Tanks
11.5. Pump Station Sump
11.6. Storage Station Tanks
11.7. Others
12. FRP Tank – By End-users(Market Size -$Million / $Billion)
12.1. Segment type Size and Market Share Analysis 
12.2. Application Revenue and Trends by type of Application
12.3. Application Segment Analysis by Type
12.3.1. Metals and mining
12.3.2. Power generation
12.3.3. Manufacturing
12.3.4. Automotive industry
12.3.5. Aerospace & Defense
12.3.6. Beverage industry
12.3.7. Chemical industry
12.3.8. Cooling towers
12.3.9. Docks and marinas
12.3.10. Food processing
12.3.11. Fountains and aquariums
12.3.12. Others
13. FRP Tank - By Geography (Market Size -$Million / $Billion)
13.1. FRP Tank Market - North America Segment Research
13.2. North America Market Research (Million / $Billion)
13.2.1. Segment type Size and Market Size Analysis 
13.2.2. Revenue and Trends
13.2.3. Application Revenue and Trends by type of Application
13.2.4. Company Revenue and Product Analysis
13.2.5. North America Product type and Application Market Size U.S. Canada Mexico Rest of North America
13.3. FRP Tank - South America Segment Research
13.4. South America Market Research (Market Size -$Million / $Billion)
13.4.1. Segment type Size and Market Size Analysis 
13.4.2. Revenue and Trends
13.4.3. Application Revenue and Trends by type of Application
13.4.4. Company Revenue and Product Analysis
13.4.5. South America Product type and Application Market Size Brazil Venezuela Argentina Ecuador Peru Colombia Costa Rica Rest of South America
13.5. FRP Tank - Europe Segment Research
13.6. Europe Market Research (Market Size -$Million / $Billion)
13.6.1. Segment type Size and Market Size Analysis 
13.6.2. Revenue and Trends
13.6.3. Application Revenue and Trends by type of Application
13.6.4. Company Revenue and Product Analysis
13.6.5. Europe Segment Product type and Application Market Size U.K Germany Italy France Netherlands Belgium Spain Denmark Rest of Europe
13.7. FRP Tank – APAC Segment Research
13.8. APAC Market Research (Market Size -$Million / $Billion)
13.8.1. Segment type Size and Market Size Analysis 
13.8.2. Revenue and Trends
13.8.3. Application Revenue and Trends by type of Application
13.8.4. Company Revenue and Product Analysis
13.8.5. APAC Segment – Product type and Application Market Size China Australia Japan South Korea India Taiwan Malaysia
14. FRP Tank Market - Entropy
14.1. New product launches
14.2. M&A's, collaborations, JVs and partnerships
15. FRP Tank Market – Industry / Segment Competition landscape Premium
15.1. Market Share Analysis
15.1.1. Market Share by Country- Top companies
15.1.2. Market Share by Region- Top 10 companies
15.1.3. Market Share by type of Application – Top 10 companies
15.1.4. Market Share by type of Product / Product category- Top 10 companies
15.1.5. Market Share at global level- Top 10 companies
15.1.6. Best Practises for companies
16. FRP Tank Market – Key Company List by Country Premium
17. FRP Tank Market Company Analysis
17.1. Market Share, Company Revenue, Products, M&A, Developments
17.2. Luxfer Holdings
17.3. ZCL Composites Inc
17.4. Denali Incorporated
17.5. Company 4
17.6. Company 5
17.7. Company 6
17.8. Company 7
17.9. Company 8
17.10. Company 9
17.11. Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"
18. FRP Tank Market -Appendix
18.1. Abbreviations
18.2. Sources
19. FRP Tank Market -Methodology Premium
19.1. Research Methodology
19.1.1. Company Expert Interviews
19.1.2. Industry Databases
19.1.3. Associations
19.1.4. Company News
19.1.5. Company Annual Reports
19.1.6. Application Trends
19.1.7. New Products and Product database
19.1.8. Company Transcripts
19.1.9. R&D Trends
19.1.10. Key Opinion Leaders Interviews
19.1.11. Supply and Demand Trends