A new market assessment report on FRP Vessels market brings to light a detailed statistics on the dramatic shift in the competitive landscape and business environment of the FRP Vessels market for the forecast period 2020 - 2027. The comprehensive study offers an overview of the current state of development of the business as well as predicts the course of progress across different regions. A large number of factors including the major driving forces, threats and opportunities are taken into account to present an analytical picture of the industry portrayed in the report. The global FRP Vessels market is projected to be valued at USD 5,786.1 Million by 2027, according to a current analysis by Emergen Research.
Interested
in this report? Get your FREE sample now! https://www.emergenresearch.com/request-sample/430
Key
Highlights of Report
In October 2019, National Oilwell Varco made an announcement
about the acquisition of Denali Inc. The largest business unit of Denali,
called Containment Solutions, Inc., primarily produces underground FRP tanks
deployed for fuel storage at gasoline stations throughout North America.
CFRP vessels are witnessing significant increase in the
demand, due to higher tensile strength of CFRP. Tensile strength of CFRP is
about 10 times higher than that of ordinary steel. Also, the elasticity modulus
of CFRP is higher than steel, glass fiber, and aramid.
Polyurethane resin in fiberglass composites has been widely
tested in terms of compression, tensile strength, and flexural strength.
Polyurethane possesses an exceptional strength-to-weight ratio, improved
robustness, and superior UV resistance.
In the chemical industry, FRP vessels are extensively
employed in applications such as fertilizers, food processing, metal
extraction, refining, pulp and paper, electroplating, chlor-alkali production,
and air pollution control equipment.
High demand for FRP vessels in North America is attributable
to surging installation of these vessels in industries such as chemical &
petrochemical, power generation, and oil & gas. Rising deployment of
nuclear reactors in the energy sector is projected to drive the market in the
region from 2020 to 2027.
Key
market participants include Faber Industries SPA, National Oilwell
Varco, Luxfer Holdings PLC, Shawcor, Everest Canto Cylinder Ltd., Agility Fuel
Solutions LLC, JRMS Engineering Works, ULLIT SA, Hexagon Composites ASA, and
Worthington Industries Inc.
Read
more@ https://www.emergenresearch.com/industry-report/frp-vessels-market
Fiber
Type Outlook (Revenue, USD Billion; 2017–2027)
Carbon
Glass
Aramid
Others
Resin
Outlook (Revenue, USD Billion; 2017–2027)
Polyester
Epoxy
Polyurethane
Others
Distribution
Channel Outlook (Revenue, USD Billion; 2017–2027)
Online
Offline
Industry
Vertical Outlook (Revenue, USD Billion; 2017–2027)
Automotive & Transportation
Chemicals
Oil & Gas
Water & Wastewater
Others
Regional
Outlook (Revenue, USD Billion; 2017–2027)
North
America
Europe
Asia Pacific
Latin America
Middle East & Africa
Table
of Content
Chapter 1. Methodology & Sources
1.1. Market
Definition
1.2. Research
Scope
1.3. Methodology
1.4. Research
Sources
1.4.1.
Primary
1.4.2.
Secondary
1.4.3. Paid
Sources
1.5. Market
Estimation Technique
Chapter 2. Executive Summary
2.1. Summary
Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. FRP Vessels Market Segmentation & Impact
Analysis
4.1. FRP Vessels
Market Material Segmentation Analysis
4.2. Industrial
Outlook
4.2.1. Market indicators analysis
4.2.2.
Market drivers analysis
4.2.2.1. Demand for natural FRP Vessels
4.2.2.2. Rise in construction activities in the emerging economies
4.2.2.3. Increasing need to protect the wood
from decaying
4.2.3.
Market restraints analysis
4.2.3.1. Stringent regulations regarding conservation of natural
resources
4.2.3.2. Present challenging economic conditions due to the pandemic
4.3. Technological
Insights
4.4. Regulatory
Framework
4.5. Porter’s Five
Forces Analysis
4.6. Competitive
Metric Space Analysis
4.7. Price trend
Analysis
4.8. Covid-19
Impact Analysis
Continue…
No comments:
Post a Comment