Global FRP Vessels Market Report 2024

FRP Vessels Global Market Report 2024 – By Fiber( Glass, Carbon, Other Fibers ), By Resin( Polyester, Epoxy, Other Resins), By Applications( Automotive and Transportation, Chemicals, Industrial, Oil and Gas, Water and Wastewater, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

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Description Table Of Contents Tables & Figures Market Insights Related Reports

FRP vessels Market Definition And Segments

FRP (fiberglass reinforced plastic) vessels refer to massive sized tanks composed of high-grade FRP material. It has the quality of having greater resistance to harsh and extreme events.

The fibers involved in FRP vessels are glass, carbon, and others. Fiberglass refers to a plastic reinforced with tiny glass threads to prevent heat evaporation. The resins involved are polyester, epoxy, and others that are used for automotive and transportation, chemicals, industrial, oil and gas, water and wastewater, and other applications.

The FRP vessels market covered in this report is segmented –

1) By Fiber: Glass, Carbon, Other Fibers

2) By Resin: Polyester, Epoxy, Other Resins

3) By Applications: Automotive and Transportation, Chemicals, Industrial, Oil and Gas, Water and Wastewater, Other Applications

The FRP vessels market size has grown strongly in recent years. It will grow from $3.13 billion in 2023 to $3.38 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to corrosion resistance requirements, cost-effectiveness, lightweight design, versatility in manufacturing, chemical resistance.

The FRP vessels market size is expected to see strong growth in the next few years. It will grow to $4.57 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to growing environmental concerns, advancements in composite technologies, expansion of renewable energy, rise in water treatment demands, infrastructure development in emerging markets. Major trends in the forecast period include focus on lightweight design, integration of smart monitoring systems, application in oil and gas industry, sustainability and environmental considerations.

Increased Demand For FRP vessels Fueled By Rising Popularity Of Alternative Fuel Vehicles

Increasing demand for alternative fuel vehicles is expected to propel the growth of the FRP vessels market going forward. Alternative fuel vehicles (AFVs) are automobiles that use alternative fuels besides regular gasoline or diesel. For use in vehicles, alternative fuels include ethanol, electricity (including solar electricity), and biodiesel. FRP vessels are utilized to create a variety of electric vehicle parts, and their higher strength and low weight are beneficial for increased fuel efficiency and longer component life. For instance, in October 2022, according to the EV Statistics report shared by Tridens Technology, a Slovenia -based software engineering company providing cloud solutions, consulting, and software engineering services, global sales of electric vehicles surpassed 6.5 million units in 2021, a 120% increase over 2020. By 2030, 145 million electric vehicles are anticipated to be on the road (including electric cars, buses, vans, and heavy trucks). In 2021, China sold more than 3.3 million electric vehicles. Sales of electric vehicles in the USA increased more than twofold from the previous year in 2021. Therefore, increasing demand for alternative-fuel vehicles is driving the growth of the FRP vessels market.

Growth Of FRP Vessel Market Driven By Increasing Need For Renewable Energy

Increasing demand for renewable energy is expected to boost the growth of the FRP (fiberglass reinforced plastic) vessel market. Renewable energy refers to energy that is derived from resources that are naturally replenished on a human timescale. FRP vessels are employed in the production and storage of biogas generated from organic materials. Biogas is considered a renewable energy source, and FRP vessels are suitable for storing and transporting it. For instance, in 2022, according to the global energy review by the IEA (International Energy Agency), a France-based autonomous international government organization, renewable energy supply from solar, wind, hydro, geothermal, and ocean sources rose by close to 8%, meaning that the share of these technologies in total global energy supply is increasing. Additionally, the U.S. power grid is shifting from fossil fuels to renewables, with renewables projected to increase by about 380% from 2022 through 2050. Therefore, the rising demand for renewable energy is driving the growth of the FRP market.

Major companies operating in the FRP vessels market report are TE Connectivity Ltd., Ametek Inc., Analog Devices Inc., Bradford Space Inc., Honeywell International Inc., Innovative Sensor Technology IST AG, Lockheed Martin Corporation, Maxar Technologies Inc., MinebeaMitsumi Inc., Moog Inc., Northrop Grumman Corporation, Renesas Electronics Corporation, Teledyne UK Limited, Texas Instruments Incorporated, Cedrat Technologies SA, InnaLabs Limited, Leonardo DRS Inc., Sierra Nevada Corporation, Rüstungs Unternehmen AG, STMicroelectronics N.V., Raytheon Technologies Corporation, Digi-Key Electronics Pvt. Ltd., Minebea Intec GmbH, Ball Aerospace & Technologies Corp., BAE Systems PLC, L3Harris Technologies Inc., Thales Group, Airbus Defence and Space, Safran Electronics & Defense, Sensata Technologies Holding PLC, Kistler Holding AG, First Sensor AG, MTS Systems Corporation, Curtiss-Wright Corporation, Parker Hannifin Corporation, Woodward Inc., Eaton Corporation PLC, Spanish Society of Engineering and Construction, Space Inventor A/S

Development Of Low Weight Transportation FRP vessels

Development of low-weight transportation FRP vessels is the key trend gaining popularity in fiber reinforced plastic vessels market. Key players are focusing on the development of the low weight transportation FRP vessels to gain a competitive edge in the market. For example, Universal Hydrogen, a US-based carbon-free economical hydrogen transport company, announced a new product launch of twin-tank module for 50 seat aircraft that uses carbon fiber-wrapped pressure vessels to store H2 gas at 850 bar, enabling a 400-nm range for a Dash 8 or ATR turboprop regional aircraft that enables easy transport and loading using existing infrastructure.

FRP (Fiberglass Reinforced Plastic) Vessel Focus On Product Innovation With Tuna Handline Fishing Boats

Major companies operating in the FRP (fiberglass reinforced plastic) vessel market are focusing on FRP handling boats to sustain their position in the market. FRP boats are known for their durability, fuel efficiency, and relatively low maintenance requirements compared to other boat-building materials. For instance, in September 2022, the Department of Agriculture-Bureau of Fisheries and Aquatic Resources (DA-BFAR), a Philippines-based government agency responsible for the development, improvement, management, and conservation of the country's fisheries and aquatic resources, launched a 62-foot fiberglass-reinforced plastic (FRP) tuna handline fishing boat as part of their effort to support municipal fishermen. These larger boats, manufactured by Pacificfortia Marine Technologies Inc., a Philippine-registered boat manufacturer, are expected to enable fishermen to cover greater distances and bring in larger catches. The initiative, known as the Captivating Municipal Fisherfolk program, involves a contract for 33 units, including 27 FRP 62-foot handline fishing boats priced at P6.3 million each and six FRP 62-foot bagnet fishing boats costing P6.4 million each. The goal is to enhance the capabilities of local fishermen and contribute to increased productivity in the fishing industry.

Hexagon Composites Acquires 40% Stake In Cryoshelter Gmbh For Lh2 Solutions

In August 2022, Hexagon Composites, a Norway-based composite cylinder technology acquired a 40% stake in Cryoshelter GmbH. With this acquisition, Hexagon and Cryoshelter cooperation will employ the LNG technology platform to further develop LH2 solutions for the heavy-duty transportation industry. Cryoshelter GmbH is an Austria-based firm that specializes in developing cryogenic tank technology for liquid hydrogen and natural gas (LNG/RLNG) (LH2).

Asia-Pacific was the largest region in the FRP vessels market share in 2023. The regions covered in the FRP vessels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the FRP vessels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The FRP vessels market consists of sales of membrane housing, aromatic polyamide fiber, polypropylene vessels. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The FRP vessels market research report is one of a series of new reports from The Business Research Company that provides FRP vessels market statistics, including FRP vessels industry global market size, regional shares, competitors with FRP vessels market share, detailed FRP vessels market segments, market trends, and opportunities, and any further data you may need to thrive in the FRP vessels industry. This FRP vessels market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

FRP Vessels Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $3.38 billion
Revenue Forecast In 2033 $4.57 billion
Growth Rate CAGR of 7.8% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Fiber: Glass, Carbon, Other Fibers
2) By Resin: Polyester, Epoxy, Other Resins
3) By Applications: Automotive and Transportation, Chemicals, Industrial, Oil and Gas, Water and Wastewater, Other Applications
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled TE Connectivity Ltd.; Ametek Inc.; Analog Devices Inc.; Bradford Space Inc.; Honeywell International Inc.; Innovative Sensor Technology IST AG; Lockheed Martin Corporation; Maxar Technologies Inc.; MinebeaMitsumi Inc.; Moog Inc.; Northrop Grumman Corporation; Renesas Electronics Corporation; Teledyne UK Limited; Texas Instruments Incorporated; Cedrat Technologies SA; InnaLabs Limited; Leonardo DRS Inc.; Sierra Nevada Corporation; Rüstungs Unternehmen AG; STMicroelectronics N.V.; Raytheon Technologies Corporation; Digi-Key Electronics Pvt. Ltd.; Minebea Intec GmbH; Ball Aerospace & Technologies Corp.; BAE Systems PLC; L3Harris Technologies Inc.; Thales Group; Airbus Defence and Space; Safran Electronics & Defense; Sensata Technologies Holding PLC; Kistler Holding AG; First Sensor AG; MTS Systems Corporation; Curtiss-Wright Corporation; Parker Hannifin Corporation; Woodward Inc.; Eaton Corporation PLC; Spanish Society of Engineering and Construction; Space Inventor A/S
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    Table Of Contents

    1. Executive Summary

    2. FRP Vessels Market Characteristics

    3. FRP Vessels Market Trends And Strategies

    4. FRP Vessels Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global FRP Vessels Market Size and Growth

    5.1. Global FRP Vessels Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global FRP Vessels Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global FRP Vessels Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. FRP Vessels Market Segmentation

    6.1. Global FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Glass

    Carbon

    Other Fibers  

    6.2. Global FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Polyester

    Epoxy

    Other Resins

    6.3. Global FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Automotive and Transportation

    Chemicals

    Industrial

    Oil and Gas

    Water and Wastewater

    Other Applications

    7. FRP Vessels Market Regional And Country Analysis

    7.1. Global FRP Vessels Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global FRP Vessels Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific FRP Vessels Market  

    8.1. Asia-Pacific FRP Vessels Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China FRP Vessels Market  

    9.1. China FRP Vessels Market Overview  

    9.2. China FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India FRP Vessels Market  

    10.1. India FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan FRP Vessels Market  

    11.1. Japan FRP Vessels Market Overview  

    11.2. Japan FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia FRP Vessels Market  

    12.1. Australia FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia FRP Vessels Market  

    13.1. Indonesia FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea FRP Vessels Market  

    14.1. South Korea FRP Vessels Market Overview  

    14.2. South Korea FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe FRP Vessels Market  

    15.1. Western Europe FRP Vessels Market Overview

    15.2. Western Europe FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK FRP Vessels Market  

    16.1. UK FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany FRP Vessels Market  

    17.1. Germany FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France FRP Vessels Market  

    18.5. France FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy FRP Vessels Market  

    19.9. Italy FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain FRP Vessels Market  

    20.13. Spain FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe FRP Vessels Market  

    21.1. Eastern Europe FRP Vessels Market Overview

    21.2. Eastern Europe FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia FRP Vessels Market  

    22.1. Russia FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America FRP Vessels Market  

    23.1. North America FRP Vessels Market Overview

    23.2. North America FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA FRP Vessels Market  

    24.1. USA FRP Vessels Market Overview

    24.2. USA FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada FRP Vessels Market  

    25.1. Canada FRP Vessels Market Overview

    25.2. Canada FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America FRP Vessels Market  

    26.1. South America FRP Vessels Market Overview

    26.2. South America FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil FRP Vessels Market  

    27.1. Brazil FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East FRP Vessels Market  

    28.1. Middle East FRP Vessels Market Overview

    28.2. Middle East FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa FRP Vessels Market  

    29.1. Africa FRP Vessels Market Overview

    29.2. Africa FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. FRP Vessels Market Competitive Landscape And Company Profiles

    30.1. FRP Vessels Market Competitive Landscape

    30.2. FRP Vessels Market Company Profiles

    30.2.1. TE Connectivity Ltd.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Ametek Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Analog Devices Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Bradford Space Inc.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Honeywell International Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global FRP Vessels Market Competitive Benchmarking

    32. Global FRP Vessels Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The FRP Vessels Market

    34. FRP Vessels Market Future Outlook and Potential Analysis

    34.1 FRP Vessels Market In 2028 - Countries Offering Most New Opportunities

    34.2 FRP Vessels Market In 2028 - Segments Offering Most New Opportunities

    34.3 FRP Vessels Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global FRP Vessels Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global FRP Vessels Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: TE Connectivity Ltd. Financial Performance
  • Table 75: Ametek Inc. Financial Performance
  • Table 76: Analog Devices Inc. Financial Performance
  • Table 77: Bradford Space Inc. Financial Performance
  • Table 78: Honeywell International Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global FRP Vessels Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global FRP Vessels Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, FRP Vessels Market, Segmentation By Fiber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, FRP Vessels Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, FRP Vessels Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: TE Connectivity Ltd. Financial Performance
  • Figure 75: Ametek Inc. Financial Performance
  • Figure 76: Analog Devices Inc. Financial Performance
  • Figure 77: Bradford Space Inc. Financial Performance
  • Figure 78: Honeywell International Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the FRP vessels market?

FRP (fiberglass reinforced plastic) vessels refer to massive sized tanks composed of high-grade FRP material. It has the quality of having greater resistance to harsh and extreme events. For further insights on the FRP vessels market, request a sample here

How will the FRP vessels market drivers and restraints affect the FRP vessels market dynamics? What forces will shape the FRP vessels industry going forward?

The FRP vessels market major growth driver - increased demand for FRP vessels fueled by rising popularity of alternative fuel vehicles. For further insights on the FRP vessels market, request a sample here

What is the forecast market size or the forecast market value of the FRP vessels market ?

The FRP vessels market size has grown strongly in recent years. It will grow from $3.13 billion in 2023 to $3.38 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to corrosion resistance requirements, cost-effectiveness, lightweight design, versatility in manufacturing, chemical resistance. The FRP vessels market size is expected to see strong growth in the next few years. It will grow to $4.57 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to growing environmental concerns, advancements in composite technologies, expansion of renewable energy, rise in water treatment demands, infrastructure development in emerging markets. Major trends in the forecast period include focus on lightweight design, integration of smart monitoring systems, application in oil and gas industry, sustainability and environmental considerations. For further insights on the FRP vessels market, request a sample here

How is the FRP vessels market segmented?

The FRP vessels market is segmentedThe FRP vessels market covered in this report is segmented –
1) By Fiber: Glass, Carbon, Other Fibers
2) By Resin: Polyester, Epoxy, Other Resins
3) By Applications: Automotive and Transportation, Chemicals, Industrial, Oil and Gas, Water and Wastewater, Other ApplicationsFor further insights on the FRP vessels market, request a sample here

Which region has the largest share of the FRP vessels market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the FRP vessels market share in 2023. The regions covered in the FRP vessels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the FRP vessels market, request a sample here.

Who are the major players in the FRP vessels market?

Major companies operating in the FRP vessels market report are TE Connectivity Ltd., Ametek Inc., Analog Devices Inc., Bradford Space Inc., Honeywell International Inc., Innovative Sensor Technology IST AG, Lockheed Martin Corporation, Maxar Technologies Inc., MinebeaMitsumi Inc., Moog Inc., Northrop Grumman Corporation, Renesas Electronics Corporation, Teledyne UK Limited, Texas Instruments Incorporated, Cedrat Technologies SA, InnaLabs Limited, Leonardo DRS Inc., Sierra Nevada Corporation, Rüstungs Unternehmen AG, STMicroelectronics N.V., Raytheon Technologies Corporation, Digi-Key Electronics Pvt. Ltd., Minebea Intec GmbH, Ball Aerospace & Technologies Corp., BAE Systems plc, L3Harris Technologies Inc., Thales Group, Airbus Defence and Space, Safran Electronics & Defense, Sensata Technologies Holding plc, Kistler Holding AG, First Sensor AG, MTS Systems Corporation, Curtiss-Wright Corporation, Parker Hannifin Corporation, Woodward Inc., Eaton Corporation plc, Spanish Society of Engineering and Construction, Space Inventor A/S For further insights on the FRP vessels market, request a sample here.

What are the key trends in the FRP vessels market?

Major trend in the FRP vessels market - development of low weight transportation FRP vessels. For further insights on the FRP vessels market, request a sample here.

What are the major opportunities in the FRP vessels market? What are the strategies for the FRP vessels market?

For detailed insights on the major opportunities and strategies in the FRP vessels market, request a sample here.

How does the FRP vessels market relate to the overall economy and other similar markets?

For detailed insights on FRP vessels market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the FRP vessels industry?

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What are the key dynamics influencing the FRP vessels market growth? SWOT analysis of the FRP vessels market.

For detailed insights on the key dynamics influencing the FRP vessels market growth and SWOT analysis of the FRP vessels industry, request a sample here.