Lucintel Forecasts FRP Tank in the Water and Wastewater Market to Reach $990.8 Million by 2028

According to the recent study the FRP tank in the water and wastewater market is projected to reach an estimated $990.8 million by 2028 from $754.8 billion in 2022, at a CAGR of 4.6% from 2022 to 2028. Growth in this market is primarily driven by growing construction activities, increasing concerns towards water conservation and fire protection, and aging water infrastructure.

Browse 108 figures/charts and 86 tables in this 189-page report to understand trends, opportunities and forecast in FRP tank in the water and wastewater market by application (wastewater, industrial wastewater, plumbing engineered solutions, water conservation, potable water, fire protection), by installation (underground and aboveground), by capacity (less than 5k, 5k-50k, and 50k-250k), by end use industry (municipal, industrial, residential and commercial), region (North America, Europe APAC, and the Rest of the World).

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https://www.lucintel.com/frp-tank-in-the-water-and-wastewater-market.aspx

“Municipal market is expected to remain the largest segment during the forecast period.”

Based on end use, the FRP tank in the water and wastewater market is segmented into municipal, industrial, residential and commercial. Lucintel forecasts that the municipal market is expected to remain the largest segment due to growth in water infrastructure activities in the emerging economies such as China and India.

“Within the FRP tank in the water and wastewater market, the wastewater segment is expected to remain the largest application.”

Based on application the wastewater segment is expected to witness the highest growth over the forecast period due to increasing government spending on recycling and reuse of wastewater.

“Asia pacific will dominate the FRP tank in the water and wastewater market in near future.”

Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to rapid industrialization, urbanization and high government investment for infrastructure development, and water/waste water management programs.

Download Brochure of this report by clicking on https://www.lucintel.com/frp-tank-in-the-water-and-wastewater-market.aspx.

Major players of FRP tank in the water and wastewater market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Containment Solutions, ZCL Composites Inc., Orenco Systems Inc., Hengrun Group Co. Ltd, Belco Manufacturing Co. Inc., L.F. Manufacturing, Inc., and Zurn Green Turtle are among the major FRP tank in the water and wastewater providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/frp-tank-in-the-water-and-wastewater-market.aspx  or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer

Director of Client Engagements

Lucintel

Dallas, Texas, USA

Cell: 210-878-7693

roy.almaguer@lucintel.com

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