Frp Grating Market Competitive Strategies & Market Analysis by 2028
The fiberglass
reinforced plastic (FRP) grating market is expected to gain market growth in the forecast period of 2023 to
2029. Data Bridge Market Research analyses the market to grow at a CAGR of 5.10% in the above-mentioned
forecast period.The increasing demand for
fiberglass reinforced plastic (FRP) gratings over iron and steel gratings
coupled with increasing demand for sustainable and environment friendly
products the root cause fueling up the market growth rate. The factors expected
to cushion the growth of the fiberglass reinforced plastic (FRP) grating market
in the forecast period are the beneficial properties of these fiberglass
reinforced plastic such as low life cycle cost, high durability, high strength,
fatigue resistance, high production cost and low maintenance cost are further
expected to cushion the overall markets growth. On the other hand, the factors
such as disposal and recyclability costs of fiberglass reinforced plastic
grating are expected to impede the growth of the fiberglass reinforced
plastic (FRP) grating market. The needs to be re-gel coated about every
five years and can result in airborne fibers which may be an issue to asthma sufferers
is also projected to hamper market’s overall growth.
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Market Analysis and
Insights
Fiberglass reinforced plastic grating
(also referred as FRP grating) is basically a composite material made up of a
resin and a fiberglass matrix. The FRP grinding does not corrode like steel
grinding, which is why it is used in corrosive environments to save money on
maintenance. They have a high load-bearing capacity, are simple to install and
maintain, are suitable for ventilation, and are tough enough to withstand the
harshest conditions.
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Frp Grating Market Scope
The fiberglass reinforced plastic (FRP)
grating market is segmented on the basis of process, resin type,
application and end-use industry. The growth amongst the different segments
helps you in attaining the knowledge related to the different growth factors
expected to be prevalent throughout the market and formulate different
strategies to help identify core application areas and the difference in your
target market.
On the basis of process, the
fiberglass reinforced plastic (FRP) grating market is segmented into molded FRP
grating and pultruded FRP grating.
On the basis of resin type, the
fiberglass reinforced plastic (FRP) grating market is segmented into polyester
resin, vinyl ester resin, phenolic resin, epoxy resin and polyurethane resin.
FRP grating market is further segmented on the basis of polyester resin into
orthophthalic polyester resin and isophthalic polyester resin.
On the basis of application, the
fiberglass reinforced plastic (FRP) grating market is segmented into stair
treads, walkways, platforms and other applications.
On the basis of end-use industry,
the fiberglass reinforced plastic (FRP) grating market is segmented into
industrial, civil engineering, transportation, water management, cooling
towers and marine. FRP grating market is further segmented on the basis of industrial
into pharmaceutical, petrochemical, pulp and paper, food and beverage, oil
and gas and mining.
Competitive Landscape and Frp
Grating Market Share Analysis
The fiberglass reinforced plastic
(FRP) grating market competitive landscape provides details by competitor.
Details included are company overview, company financials, revenue generated,
market potential, investment in research and development, new market
initiatives, global presence, production sites and facilities, production
capacities, company strengths and weaknesses, product launch, product width and
breadth, application dominance. The above data points provided are only related
to the companies’ focus related to fiberglass reinforced plastic (FRP) grating
market.
The major players covered in the silicon
nitride market report are
·
STRONGWELL
CORPORATION,
·
tc-domine,
·
Gebrüder
Meiser GmbH,
·
Bedford
Reinforced Plastics,
·
AGC
Inc.,
·
Liberty
Pultrusions,
·
AIMS
INTERNATIONAL,
·
McNICHOLS
CO., INC.,
·
Lionweld
Kennedy Flooring Ltd,
·
Dan.com,
·
LOCKERGROUP,
·
Eurograte,
·
FERROTECH
INTERNATIONAL FZE,
·
Arham,
·
SEASAFE,
INC.,
·
JiangYin
RunLin Molding New Materials Co.,Ltd and Exel Group World Wide among others.
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