Opportunities in the FRP tank market have evolved through a number of stages. Lucintel has found the future of this market to be promising; the FRP tank market is expected to reach $3.3 billion by 2026 with a CAGR of 5.5%. In this market, polyester composite is the largest segment by resin type, whereas petroleum is largest by application. Players can benefit from the available opportunities like increasing energy demand, demand from retail fuel stations, increasing number of desalination plants, looming fresh water shortage, conservation of rainwater, and gaining momentum in replacing old existing tanks.
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Hengrun, ZCL Composites, Containment Solutions, Orenco Systems, and Belco Manufacturing are some of the companies profiled in this report.
Some of the features of this report:
• Market size estimates: FRP tank market size estimation in terms of value ($M) shipment.
• Trend and forecast analysis: Market trend (2015-2020) and forecast (2021-2026) by segments and region.
• Segmentation analysis: FRP tank market size by various segments such as application, resin type in terms of value and volume shipment.
• Regional analysis: FRP tank market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth opportunities: Analysis on growth opportunities in different applications and regions of FRP tank in the FRP tank market.
• Strategic analysis: This includes M&A, new product development, and competitive landscape of FRP tank in the FRP tank market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

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This exclusive report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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