FRP Vessels Market Analysis and Forecast to 2028: COVID-19 and Post-COVID Impact, Opportunities and Trends

According to a report from Evolve Business Intelligence, The global FRP vessels market forecast was valued at $1.1 billion in 2019, and is projected to reach $1.6 billion by 2027, growing at a CAGR of 7% from 2020 to 2027. The study covers insights regarding growth leveraging factors and investment strategies for each of the reader's analysts. The reader will gain valuable insights regarding key players and their developmental outlook for 2019, 2020 and 2021. This latest report on Pre-COVID-19 and Post-COVID-19 impact analysis will help investors with keeping up-to-date with current market activity and plan future investments accordingly.

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The report includes 10 key players in the FRP Vessels market ecosystem that have been strategically profiled, along with the market ranking/share for major players. The key players profiled in the report are:

• Sainath Industrial Corporation (SIC)
• Plas-Tank Industries Inc.
• Augusta Fiberglass
• Group Surya**JRMS Engineering Works
• TROY Dualam Inc.
• Kaymo Fiber Reinforced Plastic Manufacture Co. Ltd.
• Swami Plastic Industries
• Palmer
• Link Engineers

The research team has conducted a study of the FRP VESSELS market. This study indicated an optimistic outlook for the future based on recent trends, hurdles, and opportunities. Based on our findings, our research team determined specific opportunities for growth for FRP VESSELS Market, including some key areas that we believe could help bolster this innovative project's performance in terms of financial results (which have thus far been quite positive). This report on the FRP VESSELS market shows the industry's historic development, including its evolution and latest developments. The report contains a comprehensive market stat of leading players in this industry. It also provides some important findings on this industry, like the consumption (sales), revenue, market share and growth rate analysis with respect to some major countries of this industry from 2020-2030.

Impact of COVID-19 & Post Covid Scenario
The COVID-19 pandemic has been hitting the market for several months and the repercussions have been felt across several countries and continents. There have been outbreaks of this virus that have amassed and bred among financial markets over a long period of time, disrupting trade and personal profit as well because they were frozen to avoid further spread. We at Evolve Business Intelligence have interviewed hundreds of people in similar geographical regions to help eliminate these risks.
In terms of COVID 19 impact, the FRP Vessels market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Market Segment By Fiber Type with focus on market share, consumption trend, and growth rate of FRP Vessels Market:
• Glass Fiber
• Carbon Fiber
• Others

Market Segment By Resin with focus on market share, consumption trend, and growth rate of FRP Vessels Market:
• Polyester
• Epoxy
• Others

Market Segment By Application with a focus on market share, consumption trend, and growth rate of FRP Vessels Market:
• Automotive & Transportation
• Water & Wastewater
• Chemicals
• Oil & Gas
• Industrial
• Others

Global FRP Vessels Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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Key Matrix
• Base Year: 2021
• Estimated Year: 2022
• CAGR: 2022 to 2030

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