FRP Grating Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The fiberglass reinforced plastic grating is defined as the grating structure which comprises of a matrix of resin and fiberglass. FRP is considered to be a green, sustainable, and energy-efficient material. Unlike steel grating, these gratings are a composite material which does not corrode and is therefore applicable in corrosive environments so to minimize maintenance costs. These FRP ratings finds appliucation across several end use industries such as water management, cooling towers, marine and several others

MARKET DYNAMICS

The FRP gratings market has witnessed a significant growth owing to factors such as growing demand of for non-corrosive and high-performing grating from several end-use industries. Further, expansion in infrastructural facilities is significantly increasing their demand in the global FRP gratings market. However, recyclability and disposal costs of FRP grating is projected to hamper the FRP gratings market growth over the projected period. Nevertheless, growing use of FRP grating in various industries is further expected to fuel the growth of the market.

MARKET SCOPE

The "Global FRP Gratings Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the FRP gratings market with detailed market segmentation by process, resin type, application, end use industry and geography. The global FRP gratings market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading FRP Gratings market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global FRP Gratings market is segmented on the basis of process, resin type, application and end use industry. On the basis of process, the FRP gratings market is segmented into molded FRP grating and pultruded FRP grating. On the basis of resin type, the FRP gratings market is segmented into polyester resin, vinyl ester resin, phenolic resin and other resins. On the basis of application, the FRP gratings market is segmented into stair treads, walkways, platforms and other applications. On the basis of end use industry, the FRP gratings market is segmented into industrial, water management, cooling towers, marine and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global FRP Gratings market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The FRP Gratings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the FRP Gratings market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the FRP Gratings market in these regions.

MARKET PLAYERS

The reports cover key developments in the FRP Gratings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from FRP Gratings market are anticipated to lucrative growth opportunities in the future with the rising demand for FRP Gratings in the global market. Below mentioned is the list of few companies engaged in the FRP Gratings market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the FRP Gratings market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

- AGC Matex Co. Ltd
- Bedford Reinforced Plastics
- Delta Composites LLC
- Liberty Pultrusions
- Lionweld Kennedy
- Mcnichols Co.
- Meiser GmbH
- National Grating
- Strongwell Corporation
- Techno Composites Domine GmbH

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

FRP Grating Report Scope