Lucintel Forecasts The Frp Tank In The Global Water And Wastewater Market To Reach $900 Million By 2030

By Author: Lucintel LLC
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According to the recent study the FRP tank in the global water and wastewater market is projected to reach an estimated $900 million by 2030 from $684 million in 2023 at a CAGR of 4% from 2023 to 2030. Growth in this market is primarily driven by growing construction activities, increasing concerns towards water conservation and fire protection, and aging water infrastructure.
Browse 107 figures/charts and 68 tables in this 205-page report to understand trends, opportunities and forecast in FRP tank in the global water and wastewater market by application (wastewater, industrial wastewater, plumbing engineered solutions, water conservation, potable water, fire protection), installation (underground and aboveground), capacity (less than 5k, 5k-50k, and 50k-250k), end use (municipal, industrial, residential and commercial), and region (North America, Europe APAC, and the Rest of the World).
Lucintel forecasts that municipal use will remain the largest end use segment and is also expected to witness the highest growth over the forecast period due to growth in water infrastructure activities in the emerging economies ...
... such as China and India.
Wastewater application will remain the largest application and it is expected to witness highest growth over the forecast period due to increasing government spending on recycling and reuse of wastewater.
Download sample by clicking on FRP tank in the water and wastewater market.
Europe is expected to remain the largest region and APAC is expected to be 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.
XERXES, Containment Solutions, Hengrun Group, Orenco Systems, and Belco Manufacturing are the major suppliers in the FRP tank in the water and wastewater 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. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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
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