Molded FRP Grating – Industry Trends and Forecast to 2030Market Size Report- Industry Growth Analysis

"A strong research methodology used in the widespread Molded FRP Grating Market report consists of data models that include market overview and guide, vendor positioning grid, market time line analysis, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. In this report, a methodical SWOT analysis & investment analysis is performed which forecasts forthcoming opportunities for the market players. With the efficient use of technology, innovative applications and expertise, Molded FRP Grating Market research report is structured which successfully manages large and complex market data tables. Businesses can thrive in this swiftly changing marketplace by adopting such market report.

The persuasive Molded FRP Grating Market report helps effortlessly figure out brand awareness and perception of the brand and product among potential customers of the Molded FRP Grating Market industry. Few aspects are kept into view while formulating this global market report and include the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The report estimates 2023-2030 market development trends for Molded FRP Grating Market industry. Molded FRP Grating Market analysis report puts on view significant product developments and tracks recent acquisitions, mergers and research in the Molded FRP Grating Market industry by the key players.

Data Bridge Market Research analyses that the molded FRP grating market, which was USD 1,705 million in 2022, is expected to reach USD 2,738.09 million by 2030, growing at a CAGR of 6.0% during the forecast period of 2023 to 2030.

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Molded FRP Grating Market Scope and Segmentation

REPORT METRIC	DETAILS
Forecast Period	2023 to 2030
Base Year	2022
Historic Years	2021 (Customizable to 2015-2020)
Quantitative Units	Revenue in USD Million, Volumes in Units, Pricing in USD
Segments Covered	Grating Height (10-30MM, 31-50MM, Above 50MM), Application (Walkways, Docks, Handrails, Walls, Others), Type (Polyester, Vinyl ester, Phenolic, Epoxy, Polyurethanes, Stair Treads, Platforms, Others), Product Type (Angles, Square, Flat Strip, I Beams, U Channel, Round Tube, Wide Flange Beams, Trench Covers, Solid Rods, Fluted Tubes/Ladder Rung, Kick Plate/Toe Plate, Others), Technology (Compression Molding, Cold Press Molding, Vacuum Molding, Foam Molding, Others), End User (Petrochemicals, Pulp and paper, Building and Construction, Food and Beverages, Mining, Pharmaceutical, Oil and Gas, Electrical and Electronics, Water Management, Marine, Defiance, Sports and Leisure, Others)
Countries Covered	U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Market Players Covered	Fibergrate Composite Pvt. Ltd. (U.S.), Gebrüder MEISER GmbH. (Germany), Fibrolux GmbH (Germany), McNICHOLS CO. (U.S.), STRONGWELL CORPORATION (U.S.), Bedford Reinforced Plastics. (U.S.), American Grating (U.S.), Peabody Engineering LLC. (U.S.), Techno-Composites Domine GmbH (Germany), Liberty Pultrusions (U.S.), SEASAFE, Inc. (U.S.), National Grating (U.S.), Delta Composites, LLC (U.S.), AGC Inc. (Japan), Higoal (India), Hebei Mapel FRP Industry Co., Ltd (China), Suzhou Grating CO., Ltd. (China), Indiana Group. (India), Gardner Buisness Media, Inc. (U.S.), LOCKERGROUP (Australia)
Market Opportunities	Surging demand in the electrical and electronics industryIncreasing demand in the food and beverage industry

Market Definition

Molded FRP grating is manufactured by the combination of thermosetting resin with constant fiberglass roving in accurate molds. The individual panel contains about 65% resin and 35% fiberglass rovings. Molded fiberglass reinforced plastic (FRP) grating is corrosion-resistant in various environments. Along with this, they have a huge load-bearing capacity, they have simple installation and are easy to maintain, are appropriate for ventilation, and are strong to withstand the severest conditions.

Global Molded FRP Grating Market Dynamics

Drivers

Increasing demand for FRP grating in marine and construction

Marine and construction widely use molded FRP grating due to its beneficial properties such as outstanding fatigue and corrosion resistance, stiffness and great strength, and other factors. Molded FRP grating is widely opted for by people in marine and construction as it is less expensive than the other present alternatives in the market. Along with this, it is highly durable, which makes it long-lasting for various construction applications, which drives the market’s growth.

Growing demand in the chemical industry

There is surging demand for molded FRP grating in the chemical industry owing to its varied applications. Molded FRP grating is widely used in the chemical industry as it is an ideal material for walkways, platforms, and other surfaces. In the chemical industry, there is the risk of corrosive materials leaking or being spilled. Along with this, the chemical industry further provides various chemicals and other substances to other industry which uses molded FRP grating, which further drives the market’s growth.

Opportunities

Surging demand in the electrical and electronics industry

There is surging demand for molded FRP grating in the electrical and electronics industry. Molded FRP grating is frequently used in electrically risky environments because it is non-conductive. It consequently decreases the risk of electric shock or other damages during an accident or any happening involving electricity, due to which a number of consumers are opting for it in comparison to other present alternatives, which is driving the market’s growth.

Increasing demand in the food and beverage industry

Various applications of the food and beverage industry are performed in wet environments and oily surroundings, which increases the chances of employee injury due to the slippery conditions of stainless steel grating and walking surfaces. Molded FRP grating provides products such as fiberglass molded grating, stair treads, and gritted step covers, which have long-lasting, slip-resistant surfaces which are highly suitable for the working environment, which significantly boosts the molded FRP grating market.

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The investment made in the study would provide you access to information such as:

Molded FRP Grating Market [Global Global Molded FRP Grating Market – Broken-down into regions]
Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
Country wise Market Size Split [of important countries with major Molded FRP Grating Market share]
Market Share and Revenue/Sales by leading players
Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter's Five Forces, etc.
Market Size)
Market Size by application/industry verticals
Market Projections/Forecast

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Interaction with research scientists and development heads to understand the nature of the Molded FRP Grating Market more precisely.
24/7 availability of services.
Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.

DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Molded FRP Grating Market size

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