Polyester Composites Is Expected To Remain The Largest Segment In The Global Frp Tank Market

By Author: Lucintel LLC
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An exciting new study from the team of Lucintel found that FRP tank market is expected to reach $3.3 billion by 2026 with a CAGR of 5.5%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
Download Brochure of this report by clicking on https://www.lucintel.com/frp-tank-market.aspx
The FRP tank market is segmented based on application, resin type, and region. In this market, polyester composite is the largest segment by resin type, whereas petroleum is largest by application. Players can benefit from the available opportunities like increasing energy demand, demand from retail fuel stations, increasing number of desalination plants, looming fresh water shortage, conservation of rainwater, and gaining momentum in replacing old existing tanks.
The dual purpose application FRP tanks, heating oil tanks, and multi compartment tanks are emerging trends having impact on dynamics of the industry.
Hengrun, ZCL Composites, Containment Solutions, Orenco Systems, and Belco Manufacturing ...
... are some of the major players profiled in this 192 -page report.
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https://www.lucintel.com/frp-tank-market.aspx
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the FRP tank market by application (water/wastewater, septic, pulp and paper, chemical, petroleum, agriculture, aquaculture, and others), resin type (polyester composites, vinyl ester composites and other), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the FRP tank market?
Q.4 What are some changing demands of customers in the FRP tank market?
Q.5 What are the new developments in the FRP tank market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this FRP tank area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this FRP tank market?
This unique report from Lucintel 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 helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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