FRP Grating Market to experience an impressive growth of 5.1% during 2017-2022

Addressing the most sought-after questions that occupy the minds of entrepreneurs and decision makers, the new report of "Stratview Research" on the FRP Grating Market, answers all the important questions.

Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the global FRP Grating Market.

The analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2017-2022.
The important questions the report answers are:
1. What will be the market growth rate in the near future?
2. What are the major developments in the market wrt regulations, acquisitions and innovations?
3. What are the growth drivers as well as the constraints?
4. What are the regional growth hotspots?
5. What are the segmental growth forecasts?

These questions and many more, big and small, are all discussed in the report in great detail.

The Global FRP Grating Market: Highlights
There are healthy opportunities existing in the entire ecosystem of the FRP grating market which is projected to grow at a healthy CAGR of 5.1% during the forecast period of 2017 to 2022. An excellent corrosion and fatigue resistance, high strength and stiffness, high durability, low life-cycle cost, low maintenance cost, and low weight are the major factors driving the demand of FRP grating in most of the end-use industries. FRP grating is gaining the market traction in most of the major end-use industries by replacing the traditional metal gratings.

The strategic Market dissection
The dissection of the market is done to enlighten the aspects which are of interest to firms across the value chain.

Dissection by Segments
• by Process Type : Molded Grating and Pultruded Grating
• by Resin Type : Polyester Grating, Vinylester Grating and Others
• by Application Type : Stair Treads, Walkways and Others
• by End-Use Industry Type : Industrial, Transportation and Others
• by Region : North America, Europe, Asia-Pacific, and RoW

Get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/282/FRP-grating-market.html

Market Segments
The global FRP grating market is segmented based on the process type as molded grating and pultruded grating. Molded grating is expected to remain the most dominant segment of the FRP grating market during the forecast period, whereas pultruded grating is likely to witness higher growth during the same period, driven by its higher strength and stiffness.
Based on the resin type, the global FRP grating market is segmented as polyester grating, vinylester grating, phenolic grating, and other gratings. Polyester is projected to remain the most dominant resin type in the global FRP grating market during the forecast period.
Based on the end-use industry, industrial sector is likely to remain the largest segment of the global FRP grating market during the forecast period. The segment is also likely to witness the highest growth during the same period, driven by higher preference of FRP grating over metal ones.
Asia-Pacific is expected to remain the most dominant market for FRP gratings during the forecast period. China and India would remain the growth engines of the Asia-Pacific’s FRP grating market and are continuously creating a greater demand for FRP grating in industrial, oil & gas, and cooling tower applications.

Players
The supply chain of this market comprises raw material suppliers, FRP grating manufacturers, distributors, oil & gas exploration companies, industrial buyers, etc. The global FRP grating market is highly fragmented with the presence of more than 100 global and regional players. Most of the players have presence in other pultruded applications as well, such as rebars, structural profiles, and ladder rails.

Strongwell Corporation, Suzhou Grating Co., Ltd., Fibergrate Composite Structures Ltd., Bedford Reinforced Plastics, Inc., ChinaGrate Composite Structures (Nantong) Ltd., Valmont Industries, Inc., Meiser GmbH, and Grand Fiberglass Co., Ltd. are the major players in the global FRP grating market. Regional expansion, new product development, and an advancement in the pultrusion technology are the key strategies adopted by major players to gain a competitive edge in the market throughout the globe.

Click Here for Other Reports from Stratview Research in the Advanced materials Industry:
https://www.stratviewresearch.com/market-reports/Advanced-Materials.html

Stratview Research
400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
sales@stratviewresearch.com

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research. We are a trusted brand in the research industry with capability of commissioning complex projects within a short span of time with high level of accuracy.

This release was published on openPR.