Global FRP Grating Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027
“Global FRP Grating Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global FRP grating market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global FRP grating market report has been segmented on the basis of process, resin type, application, end-use industry, and region.
Fiberglass reinforced plastic grating is known as FRP grating, which is a composite material produced by combining a fiberglass and matrix of resin. Fiberglass grating doesn’t corrode similar to steel grating and therefore utilized in corrosive environments to decrease maintenance costs. In addition, FRP grating is structural product which can be act as weight bearing between spans.
Moreover, grating is a collection of essentially parallel, identical, and elongated elements. Gratings consist of single set of some elongated elements, consist of two sets, in which second set is usually perpendicular to the first. When two sets are perpendicular, this is known as a mesh or a grid.
Pultruded FRP gratings offers better performance than that of molded gratings. Also, pultruded gratings are used in various applications owing to their dimensional stability, light weight, high strength, impact resistance, impact resistance, low flammability, and low maintenance.
Increasing demand for FRP grating across various end-use industries such as marine and construction, owing to its excellent fatigue and corrosion resistance, high durability, stiffness and high strength, low maintenance cost, low life-cycle cost, and low weight is major factor expected to drive growth of the target market over the next 10 years. In addition, increasing government initiatives on construction and repairing is another major factor expected to support revenue growth of the target market over the next few years. In addition, various properties offered by FRP grating such as high strength, corrosion resistance, impact resistance, etc. are among some factors estimated to boost adoption of these products in various industrial verticals such as water management, cooling towers, and others, which in turn projected to drive growth of the target market over the next 10 years. In addition, FRP grating has multiple application in various end-use industrial verticals with improved efficiency, which in turn expected to drive growth of the global market in the next 10 years.
Asia Pacific FRP grating market is expected to account for significant share in terms of revenue in the global FRP grating market. In addition, the Asia Pacific market is anticipated to register faster growth in terms of revenue over the next few years, owing to increasing demand from water management plants in countries in this region. Moreover, increasing investments by public manufacturers in Asia Pacific region and increasing demand from various end-use segments are some other factors expected to drive growth of the Asia Pacific market in the next 10 years. The market in China is projected to account for significant share in terms of revenue in the Asia Pacific. Moreover, growing awareness regarding different properties offered by these resins among producers/manufacturers in the countries in region are other factors driving growth of end-use industries, which in turn is expected to propel growth of the global market in this region.
Global FRP Grating Market Segmentation:
Segmentation by process:
Segmentation by resin type:
- Vinyl Ester
- Others (Epoxy and Polyurethane)
Segmentation by application:
- Stair treads
Segmentation by end-use industry:
- Water management
- Cooling towers
- Others (Transportation and Construction)
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Strongwell Corporation
- Techno-Composites Domine GmbH
- Gebruder Meiser GmbH
- Bedford Reinforced Plastics, Inc.
- Agc Matex Co. Ltd.
- Liberty Pultrusions
- Delta Composites LLC
- McNICHOLS Company
- Lionweld Kennedy Flooring Ltd.
- Fibergrate Composite Structures, Inc.
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