Molded FRP Grating Market Size Report- Industry Growth Analysis
"To prosper in this competitive market place, businesses are highly benefited if they adopt innovative solutions such as Molded FRP Grating Market research report. The data and information concerning the Molded FRP Grating Market industry are derived from consistent sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. Moreover, Molded FRP Grating Market report gives idea to clients about the market drivers and restraints with the help of SWOT analysis and also provides all the CAGR projections for the historic year 2021, base year 2022 and forecast period of 2023-2030.
With the help of market intelligence, industry experts assess strategic options, outline successful action plans and aid companies make critical bottom-line decisions. The finest Molded FRP Grating Market business report makes knowledgeable about the market and competitive landscape which supports with enhanced decision making, better manage marketing of goods and decide market goals for better profitability. When this report goes along with right tools and technology, it helps tackle the uncertain challenges for the business. What is more, Molded FRP Grating Market research report is a source which provides current as well as upcoming technical and financial details of the industry to 2030.
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.
Explore Further Details about This Research Molded FRP Grating Market Report databridgemarketresearch.com/reports/global..
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.
Reasons to Consider This Report
To understand the Molded FRP Grating Market landscape and identify market segments that are most likely to guarantee a strong return
Stay ahead of the race by comprehending the ever-changing competitive landscape for Molded FRP Grating Market
Efficiently plan M&A and partnership deals in Molded FRP Grating Market by identifying market segments with the most promising probable sales
Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form cannabis seeds market
Obtain market revenue forecast for Molded FRP Grating Market by various segments from 2022-2029 in regions.
Why choose Data Bridge Market Research?
Modern technologies, such as artificial intelligence, to provide updated industry growth.
DBMR team provides clients with the top notch Molded FRP Grating Market research report.
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
Browse Related Reports:
Starch Hydrolysate Market Size And Share Analysis Report,
Accounts Receivable Automation Market by Size, Share, Forecast, & Trends
Network Encryption Market Size Report- Industry Growth Analysis
Reusable Water Bottle Market Size, Industry Share Forecast
Gasoline Market Size, Share, Growth | Opportunities,
Vetiver Oil Market Size, Share Analysis Report
FRP Dual Laminate Tank Market Size, Share, Growth Analysis
Traffic Lights Outdoor LED Display Market Size, Share, Growth
Automotive Light-Vehicle Sensors Market Demand,Size ,Share, Industry
Containers as a SErvice Market Size, Analysis and Forecast
About Data Bridge Market Research:
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email – corporatesales@databridgemarketresearch.com
"