Global FRP Vessels Market to Register Remarkable Growth by 2021 - 2028

 

In 2021, the Global FRP Vessels Market’s size was valued at USD 3.8 billion and is estimated to reach USD 5.7 billion by 2028 and is expected to be growing at a CAGR of 8.5 % throughout the forecast period. In this report, 2021 has been taken as the base year while 2020 is the historical year. The forecast year for the report is 2028 to approximate the size of the market for FRP Vessels.

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A few of the key players in this market are:

·         Hexagon Composites ASA (Norway)

·         Luxfer Group (England)

·         Worthington Industries, Inc. (US)

·         Everest Kanto Cylinders Ltd. (India)

·         Quantum Fuel Systems LLC. (US)

·         Faber Industrie SpA (Italy)

·         Avanco Group (Germany)

·         ZCL Composites Inc. (Canada)

·         Denali Incorporated (US)

·         Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd. (China),

 

Competitive Landscape

The report provides a competitive landscape on both the quantitative as well as qualitative research of FRP Vessels market. The report also provides detailed insights on the development methods used by the key market players. The report offers deep research on the key market players and details on the competitiveness of these players. The main business strategies used by these players such as mergers and acquisitions (M&A), collaborations, affiliations, and contracts are also and analyzed in the report. For each competitor, the report studies their global presence, service offerings, competitors, and specification. The main players covered by the study on the global FRP Vessels market are: Hexagon Composites ASA (Norway), Luxfer Group (England), Worthington Industries, Inc. (US), Everest Kanto Cylinders Ltd. (India), Quantum Fuel Systems LLC. (US), Faber Industrie SpA (Italy), Avanco Group (Germany), ZCL Composites Inc. (Canada), Denali Incorporated (US), and Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd. (China).

 

The Report Provides Insights on The Following Pointers:

·         It gives a forecast analysis of factors that are driving or restraining the development of the FRP Vessels market.

·         The report gives a seven-year forecast value evaluated on the basis of the current market performance of the manufacturing and construction industry.

·         It helps in understanding the main segments of the products and their future.

·         The report gives a deep analysis of changing competition in the market which keeps you ahead of your competitors.

·         The report gives the market definition of the FRP Vessels market along with the analysis of different factors influencing the market such as drivers, opportunities, and restraints.

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