According to the recent study the North American FRP tank market is projected to reach an estimated $699 million by 2030 from $524 million in 2023 at a CAGR of 4% from 2023 to 2030. Growth in this market is primarily driven by increasing use of composites products over metals, steel, and concrete made tanks due to high strength, greater corrosion resistance, and faster manufacturing process.
Browse 72 figures/charts
and 52 tables in this 148-page report to understand trends, opportunities and
forecast in the North American FRP tank market by application (water/wastewater,
septic, pulp and paper, chemical, petroleum, agriculture/aquaculture, and
others), type (under storage tank, and above storage tank), process (filament
winding, centrifugal casting, lay-up and spray-up), and Country (Eastern
Canada, Eastern US, Central US, Western US, Western Canada, and Texas, OK, LA).
Lucintel forecasts that
water/wastewater segment will remain the largest application by value and
volume during the forecast period due to infrastructural development. Septic is
expected to witness highest growth over the forecast period.
Download sample by clicking on
North
American FRP tank market.
Above storage tank is
expected to remain the largest segment due to its increasing use in the
chemical and water/wastewater application. Under storage tank is expected to
witness highest growth over the forecast period.
Mattr Infratech,
Containment Solutions, Belco Manufacturing Co. Inc., L.F. Manufacturing, Inc.,
Orenco Systems Inc., Zurn Green Turtle, Fabricated Plastic Limited, Diamond
Fiberglass are the major supplier in the North American FRP tank market.
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 write us at 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.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
Explore Our Latest Publications
Swiss Diagnostic Imaging Market
No comments:
Post a Comment