The global FRP vessels market is projected to be valued at USD 5,538.8 Million by 2027, according to a current analysis by Emergen Research. FRP (fiber-reinforced plastic) vessels are witnessing increasing demand from the automotive industry. FRP vessels are used for fuel storage in passenger cars and commercial vehicles. These vessels are constructed in one piece, without any welded seams, which helps in decreasing splitting in the event of a crash. Besides, FRP composites do not corrode, which increases durability of FRP vessels. Furthermore, increasing demand for natural gas vehicles (NGVs) worldwide is significantly driving the demand for FRP vessels in the automotive sector.

The Market Intelligence Report provides a complete overview of the FRP Vessels market along with details on the competitive landscape and profiles of the key players operating in this business. Our analyst team evaluates many other important aspects of the market, including historical market trends, estimated growth rates, revenue generation, production capacity, pricing structure, and key market drivers, opportunities, challenges and constraints. Did. The latest research report offers an accurate study of the FRP Vessels industry and highlights key factors such as import/export analysis, production and consumption rates, distribution channels and consumer base in key regions of the global market.

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Key companies operating in the FRP Vessels market 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, Worthington Industries Inc.

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global FRP Vessels market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics

• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis

• In-depth 8-year analysis of the Global FRP Vessels Market

• Critical understanding of the key market segments

• Comprehensive analysis of the drivers, restraints, trends, and opportunities

• Detailed regional analysis and extensive company profiling

• Extensive assessment of current and emerging trends of the market

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FRP Vessels Market Segmentation:

• 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

FRP Vessels Market Segmentation by Regions:

• North America (U.S., Canada)

• Europe (U.K., Italy, Germany, France, Rest of EU)

• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

• Latin America (Chile, Brazil, Argentina, Rest of Latin America)

• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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