Press release
Molded FRP Grating Market Seeking Excellent Growth 2021 by Investment Feasibility, Sales, Production and Company Introduction: AGC MATEX, Fibrolux, Ferrotech International
The global molded FRP grating market in 2020 was approximately USD 450 Million. The market is expected to grow at a CAGR of 5.2 % and is anticipated to reach around USD Molded 690 million by 2025. Stringent government regulations regarding usage of sustainable products have probable to help the market demand for FRP grating, since they are efficient and eco-friendly. It has few other vital characteristics also such as excellent durability, even after that it is recyclable also which are also responsible for market growth.Molded fiberglass reinforced plastic (FRP) grating is produced by combining thermosetting resin with continuous fiberglass rovings in precision molds, each panel contains approximately 65% resin and 35% fiberglass rovings. It offers corrosion resistance in the most demanding environments. This combination improves corrosion resistance, UV protection and structural integrity. It is easily fabricated and virtually maintenance free.
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With the growth in the industries such as refineries, off shore platforms, oil & petroleum industry, chemical industry, Marine & shipping and others, the consumption of molded FRP grating will increase and further enhance the demand for FRP grating market. On the other hand, the airborne fibers during re-gel coatings will hamper the market growth.
The market for molded FRP grating is intensely competitive and is highly fragmented. The vendors in the Molded FRP Grating market compete based on product portfolio, product differentiation, applications, and the pricing of products. The rise in technological innovations in designing the products for better quality, ease of use and better performance is expected to continue to intensify the level of competition among the companies to expand their product portfolios by incorporating innovative features, into their product.
Key players in the market are market players are AGC MATEX, Fibrolux, Ferrotech International, RPM International (Fibergrate), Techno-Composites Domine, Valmont Industries, Eurograte, Seasafe, Gebruder Meiser, McNICHOLS, Jiangyin RunLin Molding New Materials, Peabody Engineering & Supply, Strongwell, American Grating, Suzhou Grating, Bedford Reinforced Plastics, Grand Fiberglass, AIMS International and Others.
The global molded frp grating report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Molded FRP Grating market in 2020.
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Report Scope
Based On The Application, The Global Molded FRP Grating Market Segmented Into
Walkways
Docks
Handrails
Walls
Others
Based On The Product, The Global Molded FRP Grating Market Segmented Into
10-30mm
31-50mm
Above 50mm
Based On The Region, The Global Molded FRP Grating Market Segmented Into
Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa]
South America [Brazil, Argentina, Columbia, Chile, Peru]
Company Profiles- The Global Molded FRP Grating Market
AGC MATEX
Fibrolux
Ferrotech International
RPM International (Fibergrate)
Techno-Composites Domine
Valmont Industries
Eurograte
Seasafe
Gebruder Meiser
McNICHOLS
Jiangyin RunLin Molding New Materials
Peabody Engineering & Supply
Strongwell
American Grating
Suzhou Grating
Bedford Reinforced Plastics
Grand Fiberglass
AIMS International
Points Covered in The Report
The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years data history and forecast.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by market player, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
The report focuses on Global, Top 10 Regions and Top 50 Countries Market Size of Molded FRP Grating 2015-2020, and development forecast 2021-2026 including industries, major players/suppliers worldwide and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications which will provide its price and profit status, and marketing status & market growth drivers and challenges, with base year as 2019.
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The customization research services cover the additional custom report features such as additional regional and country level analysis as per the client requirements.
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SUPPLY DEMAND MARKET RESEARCH
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