FRP Tank Market Size, Industry Insights, Growth Analysis, Report To 2032

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FRP Tank Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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FRP Tank Market Segments
The Business Research Company segments its FRP
tank market report as
Polyester, Epoxy, Other Resin Types
By Resin
Carbon Fiber, Fiberglass
By Fiber
Water/wastewater, Septic, Pulp and Paper,
Chemical, Petroleum, Agriculture and Aquaculture,
Other Applications
By Application
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Market Statistics
The global FRP tank market size is expected to
grow from 2.22 billion in 2022 to 2.36 billion
in 2023 at a compound annual growth rate (CAGR)
of 6.2. The global FRP tank market size is
expected to reach 2.89 billion in 2027 at a CAGR
of 5.2.
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Key Market Drivers And Trends
Drivers
The rising demand for oil and gas storage systems
is expected to propel the growth of FRP tanks
going forward.
Trends
Product innovation is a key trend gaining
popularity in the FRP tank market.
Region
Asia-Pacific was the largest region in the FRP
tank market in 2022 and is expected to be the
fastest-growing region in the global FRP tank
market during the forecast period. The regions
covered in the global FRP tank market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
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Key Market Players

• Major players in the FRP tank market are
• Shawcor
• Enduro Composites
• LF Manufacturing
• Amiantit Fiberglass Industries Limited
• Future Pipe Industries
• And more.

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