Market Overview:
The global FRP tanks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for FRP tanks from various end-use industries, such as hospitals, dental clinics, and others. In addition, the growing awareness about the benefits of using FRP tanks is also contributing to the growth of this market. The global FRP tanks market can be segmented on the basis of type into zirconia, lithium disilicate, metal, and composite. The zirconia segment is expected to hold a major share in this market owing to its high strength-to-weight ratio and resistance against corrosion. On the basis of application, hospitals are expected to account for a major share in this market due to their growing demand for storage solutions for medical supplies and equipment.
 Tanks Industry Outlook.svg)
Product Definition:
FRP tanks are fiberglass-reinforced plastic tanks. They are often used in industries where corrosion resistance and strength are important, such as the food and beverage industry.
Zirconia:
Zirconia is a ceramic material, which has high thermal and electrical conductivity. It also has low density and specific heat, making it an ideal material for FRP tanks. Zirconia can be used as substitutes to glass or other ceramics in various applications due to its cost effectiveness and easy fabrication methods.
Lithium Disilicate:
Lithium disilicate is a widely used glass-ceramic material. It has low thermal expansion, high melting point and is resistant to hydrocarbons and acids. These properties make it suitable for use in fiberglass reinforced plastic (FRP) tanks that are exposed to gasoline or other fuels.
Application Insights:
The others application segment includes food & beverage, chemical, pharmaceutical and cosmetics industries. The demand for tanks in the other applications is expected to grow at a significant rate owing to their ability to withstand extreme pressure with ease. In addition, they are used in several industries including food & beverages on account of its properties such as high temperature resistance and excellent insulation.
The hospitals application segment accounted for the largest revenue share of over 30% in 2017 owing to rising demand from healthcare institutions across the globe. FRP tanks are widely used by hospitals due to their low cost compared to steel or aluminum counterparts; this factor is anticipated drive growth over the forecast period further driving market growth during the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing demand for technologically advanced medical equipment and rising healthcare spending in U.S. Moreover, growing awareness about advantages of FRP tanks is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising number of construction projects and investments in water treatment facilities by various state governments as part of efforts toward sustainable development. In addition, expansion plans for key players manufacturing lithium disilicate based products are likely to boost product demand across end-use industries such as aerospace & defense, automotive, energy storage etc.
Growth Factors:
- Increasing demand for FRP tanks in end-use industries such as oil & gas, water storage, and chemical processing due to their superior properties such as corrosion resistance, light weight, and high strength.
- Growing investments in the infrastructure sector across the globe is expected to drive the demand for FRP tanks over the next few years.
- Rising awareness about the benefits of using FRP tanks among consumers is projected to boost market growth during the forecast period.
- Technological advancements in manufacturing processes are likely to propel market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
FRP (Fiberglass-reinforced Plastic) Tanks Market Research Report
By Type
Zirconia, Lithium Disilicate, Metal, Composite
By Application
Hospitals, Dental Clinics, Others
By Companies
3M, Dentsply Sirona, Nobel Biocare Services, Glidewell, Pritidenta, Amann Girrbach, Zirkonzahn, Wieland Dental, Upcera, Coltene, Ivoclar Vivadent, Sagemax, Aurident, Huge Dental, Kuraray Noritake Dental, GC America
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global FRP (Fiberglass-reinforced Plastic) Tanks Market Report Segments:
The global FRP (Fiberglass-reinforced Plastic) Tanks market is segmented on the basis of:
Types
Zirconia, Lithium Disilicate, Metal, Composite
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Dental Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- Dentsply Sirona
- Nobel Biocare Services
- Glidewell
- Pritidenta
- Amann Girrbach
- Zirkonzahn
- Wieland Dental
- Upcera
- Coltene
- Ivoclar Vivadent
- Sagemax
- Aurident
- Huge Dental
- Kuraray Noritake Dental
- GC America
 Tanks Market Overview.svg)
Highlights of The FRP (Fiberglass-reinforced Plastic) Tanks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Zirconia
- Lithium Disilicate
- Metal
- Composite
- By Application:
- Hospitals
- Dental Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the FRP (Fiberglass-reinforced Plastic) Tanks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Tanks Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
FRP tanks are made of fiberglass reinforced plastic. They are often used in applications where a lightweight tank is desired, such as aircraft and racing cars. FRP tanks have a number of advantages over traditional metal tanks, including reduced weight and improved durability.
Some of the major players in the frp (fiberglass-reinforced plastic) tanks market are 3M, Dentsply Sirona, Nobel Biocare Services, Glidewell, Pritidenta, Amann Girrbach, Zirkonzahn, Wieland Dental, Upcera, Coltene, Ivoclar Vivadent, Sagemax, Aurident, Huge Dental, Kuraray Noritake Dental, GC America.
The frp (fiberglass-reinforced plastic) tanks market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 FRP (Fiberglass-reinforced Plastic) Tanks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 FRP (Fiberglass-reinforced Plastic) Tanks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 FRP (Fiberglass-reinforced Plastic) Tanks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the FRP (Fiberglass-reinforced Plastic) Tanks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global FRP (Fiberglass-reinforced Plastic) Tanks Market Size & Forecast, 2020-2028
4.5.1 FRP (Fiberglass-reinforced Plastic) Tanks Market Size and Y-o-Y Growth
4.5.2 FRP (Fiberglass-reinforced Plastic) Tanks Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Zirconia
5.2.2 Lithium Disilicate
5.2.3 Metal
5.2.4 Composite
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Dental Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global FRP (Fiberglass-reinforced Plastic) Tanks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 FRP (Fiberglass-reinforced Plastic) Tanks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Zirconia
9.6.2 Lithium Disilicate
9.6.3 Metal
9.6.4 Composite
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Dental Clinics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Zirconia
10.6.2 Lithium Disilicate
10.6.3 Metal
10.6.4 Composite
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Dental Clinics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Zirconia
11.6.2 Lithium Disilicate
11.6.3 Metal
11.6.4 Composite
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Dental Clinics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Zirconia
12.6.2 Lithium Disilicate
12.6.3 Metal
12.6.4 Composite
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Dental Clinics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Zirconia
13.6.2 Lithium Disilicate
13.6.3 Metal
13.6.4 Composite
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Dental Clinics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 FRP (Fiberglass-reinforced Plastic) Tanks Market: Competitive Dashboard
14.2 Global FRP (Fiberglass-reinforced Plastic) Tanks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Dentsply Sirona
14.3.3 Nobel Biocare Services
14.3.4 Glidewell
14.3.5 Pritidenta
14.3.6 Amann Girrbach
14.3.7 Zirkonzahn
14.3.8 Wieland Dental
14.3.9 Upcera
14.3.10 Coltene
14.3.11 Ivoclar Vivadent
14.3.12 Sagemax
14.3.13 Aurident
14.3.14 Huge Dental
14.3.15 Kuraray Noritake Dental
14.3.16 GC America
