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FRP Vessels Market

Publisher Evolve Business Intelligence
Published Apr 14, 2025
SKU # EVBI19932345

Description

The global FRP (Fiberglass Reinforced Plastic) Vessels market, valued at $3.75 billion in 2020, is projected to reach $6.28 billion by 2028, growing at a compound annual growth rate (CAGR) of 7.67% from 2021 to 2028. This growth is driven by various macro and microeconomic factors, including the rising demand for FRP vessels in the automotive industry.

The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.

Segments covered

By Fiber (Glass, Carbon, Others), By Resin (Polyester, Epoxy, Others)
By Application (Automotive & Transportation, Chemicals, Industrial, Oil & Gas, Water & Wastewater, Others)

Key players

Faber Industrie
Luxfer Group
ZCL Composites Inc.
Hexagon Composites
Everest Kanto Cylinders Ltd.
Quantum Fuel Systems
Avanco Group
Denali Incorporated
ULLIT
Worthington Industries, Inc.

Table of Contents

Chapter 1. Executive Summary
Chapter 2. Scope Of The Study
2.1. Market Definition
2.2. Scope Of The Study
2.2.1. Objectives of Report
Chapter 3. Evolve BI Methodology
Chapter 4. Market Insights and Trends
4.1. Supply/ Value Chain Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat Of New Entrants
4.2.2. Bargaining Power Of Buyers
4.2.3. Bargaining Power Of Suppliers
4.2.4. Threat Of Substitutes
4.2.5. Industry Rivalry
4.3. Impact of COVID-19 on FRP Vessels Market
4.3.1. Impact on Market Size
4.3.2. End User Trend, Preferences, and Budget Impact
4.3.3. Regulatory Framework/Government Policies
4.3.4. Key Players Strategy to Tackle Negative Impact
4.3.5. Opportunity Window
Chapter 5. Market Dynamics
5.1. Introduction
5.2. DRO Analysis
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
Chapter 6. Global FRP Vessels Market, By Fiber
6.1. Introduction
6.2. Glass
6.3. Carbon
Chapter 7. Global FRP Vessels Market, By Resin
7.1. Introduction
7.2. Polyester
7.3. Epoxy
7.4. Others
Chapter 8. Global FRP Vessels Market, By Application
8.1. Introduction
8.2. Automotive & Transportation
8.3. Chemicals
8.4. Industrial
8.5. Oil & Gas
8.6. Water & Wastewater
8.7. Others
Chapter 9. Global FRP Vessels Market, By Region
9.1. Introduction
9.2. North America
9.2.1. Introduction
9.2.2. Driving Factors, Opportunity Analyzed and Key Trends
9.2.3. Market Size and Forecast, By Country, 2020 - 2028
9.2.4. Market Size and Forecast, By Fiber, 2020 - 2028
9.2.5. Market Size and Forecast, By Resin, 2020 - 2028
9.2.6. Market Size and Forecast, By Application, 2020 - 2028
9.2.7. US
9.2.7.1. Introduction
9.2.7.2. Driving Factors, Opportunity Analyzed and Key Trends
9.2.7.3. Market Size and Forecast, By Fiber, 2020 - 2028
9.2.7.4. Market Size and Forecast, By Resin, 2020 - 2028
9.2.7.5. Market Size and Forecast, By Application, 2020 - 2028
9.2.8. Canada
9.2.8.1. Introduction
9.2.8.2. Driving Factors, Opportunity Analyzed and Key Trends
9.2.8.4. Market Size and Forecast, By Fiber, 2020 - 2028
9.2.8.5. Market Size and Forecast, By Resin, 2020 - 2028
9.2.8.6. Market Size and Forecast, By Application, 2020 - 2028
9.3. Europe
9.3.1. Introduction
9.3.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.3. Market Size and Forecast, By Country, 2020 - 2028
9.3.4. Market Size and Forecast, By Fiber, 2020 - 2028
9.3.5. Market Size and Forecast, By Resin, 2020 - 2028
9.3.6. Market Size and Forecast, By Application, 2020 - 2028
9.3.7. Germany
9.3.7.1. Introduction
9.3.7.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.7.3. Market Size and Forecast, By Fiber, 2020 - 2028
9.3.7.4. Market Size and Forecast, By Resin, 2020 - 2028
9.3.7.5. Market Size and Forecast, By Application, 2020 - 2028
9.3.8. France
9.3.8.1. Introduction
9.3.8.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.8.3. Market Size and Forecast, By Fiber, 2020 - 2028
9.3.8.4. Market Size and Forecast, By Resin, 2020 - 2028
9.3.8.5. Market Size and Forecast, By Application, 2020 - 2028
9.3.9. UK
9.3.9.1. Introduction
9.3.9.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.9.3. Market Size and Forecast, By Fiber, 2020 - 2028
9.3.9.4. Market Size and Forecast, By Resin, 2020 - 2028
9.3.9.5. Market Size and Forecast, By Application, 2020 - 2028
9.3.10. Italy
9.3.10.1. Introduction
9.3.10.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.10.3. Market Size and Forecast, By Fiber, 2020 - 2028
9.3.10.4. Market Size and Forecast, By Resin, 2020 - 2028
9.3.10.5. Market Size and Forecast, By Application, 2020 - 2028
9.3.11. Rest Of Europe
9.3.11.1. Introduction
9.3.11.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.11.3. Market Size and Forecast, By Fiber, 2020 - 2028
9.3.11.4. Market Size and Forecast, By Resin, 2020 - 2028
9.3.11.5. Market Size and Forecast, By Application, 2020 - 2028
9.4. Asia-Pacific
9.4.1. Introduction
9.4.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.3. Market Size and Forecast, By Country, 2020 - 2028
9.4.4. Market Size and Forecast, By Fiber, 2020 - 2028
9.4.5. Market Size and Forecast, By Resin, 2020 - 2028
9.4.7. Market Size and Forecast, By Application, 2020 - 2028
9.4.8. China
9.4.8.1. Introduction
9.4.8.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.8.3. Market Size and Forecast, By Fiber, 2020 - 2028
9.4.8.4. Market Size and Forecast, By Resin, 2020 - 2028
9.4.8.5. Market Size and Forecast, By Application, 2020 - 2028
9.4.9. India
9.4.9.1. Introduction
9.4.9.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.9.3. Market Size and Forecast, By Fiber, 2020 - 2028
9.4.9.4. Market Size and Forecast, By Resin, 2020 - 2028
9.4.9.5. Market Size and Forecast, By Application, 2020 - 2028
9.4.10. Japan
9.4.10.1. Introduction
9.4.10.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.10.3. Market Size and Forecast, By Fiber, 2020 - 2028
9.4.10.4. Market Size and Forecast, By Resin, 2020 - 2028
9.4.10.5. Market Size and Forecast, By Application, 2020 - 2028
9.4.11. South Korea
9.4.11.1. Introduction
9.4.11.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.11.3. Market Size and Forecast, By Fiber, 2020 - 2028
9.4.11.4. Market Size and Forecast, By Resin, 2020 - 2028
9.4.11.5. Market Size and Forecast, By Application, 2020 - 2028
9.4.12. Rest Of Asia-Pacific
9.4.11.1. Introduction
9.4.12.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.12.3. Market Size and Forecast, By Fiber, 2020 - 2028
9.4.12.4. Market Size and Forecast, By Resin, 2020 - 2028
9.4.12.5. Market Size and Forecast, By Application, 2020 - 2028
9.5. Rest Of The World (RoW)
9.5.1. Introduction
9.5.2. Driving Factors, Opportunity Analyzed and Key Trends
9.5.3. Market Size and Forecast, By Fiber, 2020 - 2028
9.5.4. Market Size and Forecast, By Resin, 2020 - 2028
9.5.5. Market Size and Forecast, By Application, 2020 - 2028
9.5.6. Market Size and Forecast, By Region, 2020 - 2028
9.5.7. South America
9.5.7.1. Introduction
9.5.7.2. Driving Factors, Opportunity Analyzed and Key Trends
9.5.7.3. Market Size and Forecast, By Fiber, 2020 - 2028
9.5.7.4. Market Size and Forecast, By Resin, 2020 - 2028
9.5.7.5. Market Size and Forecast, By Application, 2020 - 2028
9.5.8. Middle East & Africa
9.5.8.1. Introduction
9.5.8.2. Driving Factors, Opportunity Analyzed and Key Trends
9.5.8.3. Market Size and Forecast, By Fiber, 2020 - 2028
9.5.8.4. Market Size and Forecast, By Resin, 2020 - 2028
9.5.8.5. Market Size and Forecast, By Application, 2020 - 2028
Chapter 10. Competitive Landscape
10.1. Introduction
10.2. Vendor Share Analysis, 2020/Key Players Positioning 2020
Chapter 11. Company Profiles
11.1. Faber Industrie
11.1.1. Business Overview
11.1.2. Financial Analysis
11.1.3. Product Portfolio
11.1.4. Recent Development and Strategies Adopted
11.1.5. SWOT Analysis
11.2. Luxfer Group
11.2.1. Business Overview
11.2.2. Financial Analysis
11.2.3. Product Portfolio
11.2.4. Recent Development and Strategies Adopted
11.2.5. SWOT Analysis
11.3. ZCL Composites Inc.
11.3.1. Business Overview
11.3.2. Financial Analysis
11.3.3. Product Portfolio
11.3.4. Recent Development and Strategies Adopted
11.3.5. SWOT Analysis
11.4. Hexagon Composites
11.4.1. Business Overview
11.4.2. Financial Analysis
11.4.3. Product Portfolio
11.4.4. Recent Development and Strategies Adopted
11.4.5. SWOT Analysis
11.5. Everest Kanto Cylinders Ltd.
11.5.1. Business Overview
11.5.2. Financial Analysis
11.5.3. Product Portfolio
11.5.4. Recent Development and Strategies Adopted
11.5.5. SWOT Analysis
11.6. Quantum Fuel Systems
11.6.1. Business Overview
11.6.2. Financial Analysis
11.6.3. Product Portfolio
11.6.4. Recent Development and Strategies Adopted
11.6.5. SWOT Analysis
11.7. Avanco Group
11.7.1. Business Overview
11.7.2. Financial Analysis
11.7.3. Product Portfolio
11.7.4. Recent Development and Strategies Adopted
11.7.5. SWOT Analysis
11.8. Denali Incorporated
11.8.1. Business Overview
11.8.2. Financial Analysis
11.8.3. Product Portfolio
11.8.4. Recent Development and Strategies Adopted
11.8.5. SWOT Analysis
11.9. ULLIT
11.9.1. Business Overview
11.9.2. Financial Analysis
11.9.3. Product Portfolio
11.9.4. Recent Development and Strategies Adopted
11.9.5. SWOT Analysis
11.10. Worthington Industries, Inc.
11.10.1. Business Overview
11.10.2. Financial Analysis
11.10.3. Product Portfolio
11.9.4. Recent Development and Strategies Adopted
11.9.5. SWOT Analysis
Chapter 12. Key Takeaways

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