Market Overview:
The global FRP tank in the water and wastewater market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market is segmented by type, application, and region. By type, the market is divided into less than 5k liters, 5k-50k liters, 50k-25k liters segments. By application, the market is classified into municipal, industrial residential commercial segments. The municipal segment accounted for the largest share of the global FRP tank in water and wastewater market in 2017 and it is projected to grow at a CAGR of 6% during the forecast period.
Product Definition:
FRP tank is the short form for fiberglass reinforced plastic tank. It is used extensively in water and wastewater applications because of its corrosion resistance and long life.
Less Than 5k Liters:
The less than 5k liter is a unit of measurement for the volume of fluid in a container. It is used to measure liquids with Volumetric Flow Rate (VFR) below 5,000L.
5k-50k Liters:
5k-50k liters is a measurement for determining the capacity of concrete batching plants. It is used to measure the volume of fresh concrete required in making a new waterway or repairing an existing one. The higher the number, generally means more concrete will be needed to fill up same sized container and also means more water will be needed if it's being mixed with cement (which makes it stronger).
Application Insights:
Municipal led the global FRP tank in the water and wastewater market with a share of more than 60.0% in 2017. Rapid urbanization coupled with increasing population is expected to drive demand for FRP tanks in the municipal sector, which, in turn, is likely to propel industry growth over the forecast period.
Rapidly growing urban population coupled with rising disposable income has resulted in an increased demand for residential construction across various countries worldwide. This trend is projected to continue over the next few years thereby driving product demand from 2018 to 2030.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. Increasing population coupled with rising demand for water has resulted in increased wastewater generation in this region. The growing urbanization and industrialization have also contributed to increasing demand for wastewater treatment, which will further increase product demand over the coming years.
The European market held a share of more than 25% in terms of revenue as of 2017 owing to high awareness regarding environmental protection and sustainability coupled with stringent regulations imposed by various regulatory bodies, such as ECHA (European Chemicals Agency) and EPA (Environment Protection Agency). These regulatory policies are anticipated to promote FRP tank adoption across Europe during the forecast period.
In North America, strict government regulations pertaining to water pollution are likely to promote use of FRP tanks across industries including mining, power generation, oil & gas exploration/production, municipal wastewater treatment plants among others over the next eight years.
Growth Factors:
- Increasing demand for FRP tanks in water and wastewater treatment applications due to their superior properties such as corrosion resistance, light weight, and durability.
- Growing popularity of fiberglass reinforced plastic tanks in the municipal sector for storage of drinking water and wastewater effluent.
- Rising demand from the industrial sector for FRP tanks to store various types of liquids including hazardous and non-hazardous chemicals, oils, and solvents.
- Technological advancements that have led to the development of new-generation FRP tanks with enhanced features such as leak detection systems and self-cleaning mechanisms.
Scope Of The Report
Report Attributes
Report Details
Report Title
FRP Tank in the Water and Wastewater Market Research Report
By Type
Less Than 5k Liters, 5k-50k Liters, 50k-25k Liters
By Application
Municipal, Industrial, Residential, Commercial
By Companies
Containment Solutions, ZCL Composites Inc., Orenco System Inc, Hengrun Group Co. Ltd, Belco Manufacturing Co. Inc., L.F. Manufacturing Inc., Zurn Green Turtle, Containment Solutions
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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global FRP Tank in the Water and Wastewater Market Report Segments:
The global FRP Tank in the Water and Wastewater market is segmented on the basis of:
Types
Less Than 5k Liters, 5k-50k Liters, 50k-25k Liters
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
Municipal, Industrial, Residential, Commercial
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:
- Containment Solutions
- ZCL Composites Inc.
- Orenco System Inc
- Hengrun Group Co. Ltd
- Belco Manufacturing Co. Inc.
- L.F. Manufacturing Inc.
- Zurn Green Turtle
- Containment Solutions
Highlights of The FRP Tank in the Water and Wastewater 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:
- Less Than 5k Liters
- 5k-50k Liters
- 50k-25k Liters
- By Application:
- Municipal
- Industrial
- Residential
- Commercial
- 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 Tank in the Water and Wastewater 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:
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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 Tank is a type of water and wastewater treatment plant that uses fiberglass Reinforced Plastic (FRP) to treat wastewater. FRP tanks are strong and durable, making them ideal for treating large volumes of water or wastewater.
Some of the key players operating in the frp tank in the water and wastewater market are Containment Solutions, ZCL Composites Inc., Orenco System Inc, Hengrun Group Co. Ltd, Belco Manufacturing Co. Inc., L.F. Manufacturing Inc., Zurn Green Turtle, Containment Solutions.
The frp tank in the water and wastewater 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 Tank in the Water and Wastewater 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 Tank in the Water and Wastewater Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 FRP Tank in the Water and Wastewater 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 Tank in the Water and Wastewater 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 Tank in the Water and Wastewater Market Size & Forecast, 2018-2028
4.5.1 FRP Tank in the Water and Wastewater Market Size and Y-o-Y Growth
4.5.2 FRP Tank in the Water and Wastewater Market Absolute $ Opportunity
Chapter 5 Global FRP Tank in the Water and Wastewater 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 FRP Tank in the Water and Wastewater Market Size Forecast by Type
5.2.1 Less Than 5k Liters
5.2.2 5k-50k Liters
5.2.3 50k-25k Liters
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global FRP Tank in the Water and Wastewater 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 FRP Tank in the Water and Wastewater Market Size Forecast by Applications
6.2.1 Municipal
6.2.2 Industrial
6.2.3 Residential
6.2.4 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global FRP Tank in the Water and Wastewater 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 Tank in the Water and Wastewater 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 FRP Tank in the Water and Wastewater Analysis and Forecast
9.1 Introduction
9.2 North America FRP Tank in the Water and Wastewater 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 FRP Tank in the Water and Wastewater Market Size Forecast by Type
9.6.1 Less Than 5k Liters
9.6.2 5k-50k Liters
9.6.3 50k-25k Liters
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 FRP Tank in the Water and Wastewater Market Size Forecast by Applications
9.10.1 Municipal
9.10.2 Industrial
9.10.3 Residential
9.10.4 Commercial
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 FRP Tank in the Water and Wastewater Analysis and Forecast
10.1 Introduction
10.2 Europe FRP Tank in the Water and Wastewater 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 FRP Tank in the Water and Wastewater Market Size Forecast by Type
10.6.1 Less Than 5k Liters
10.6.2 5k-50k Liters
10.6.3 50k-25k Liters
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 FRP Tank in the Water and Wastewater Market Size Forecast by Applications
10.10.1 Municipal
10.10.2 Industrial
10.10.3 Residential
10.10.4 Commercial
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 FRP Tank in the Water and Wastewater Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific FRP Tank in the Water and Wastewater 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 FRP Tank in the Water and Wastewater Market Size Forecast by Type
11.6.1 Less Than 5k Liters
11.6.2 5k-50k Liters
11.6.3 50k-25k Liters
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 FRP Tank in the Water and Wastewater Market Size Forecast by Applications
11.10.1 Municipal
11.10.2 Industrial
11.10.3 Residential
11.10.4 Commercial
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 FRP Tank in the Water and Wastewater Analysis and Forecast
12.1 Introduction
12.2 Latin America FRP Tank in the Water and Wastewater 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 FRP Tank in the Water and Wastewater Market Size Forecast by Type
12.6.1 Less Than 5k Liters
12.6.2 5k-50k Liters
12.6.3 50k-25k Liters
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 FRP Tank in the Water and Wastewater Market Size Forecast by Applications
12.10.1 Municipal
12.10.2 Industrial
12.10.3 Residential
12.10.4 Commercial
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) FRP Tank in the Water and Wastewater Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) FRP Tank in the Water and Wastewater 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) FRP Tank in the Water and Wastewater Market Size Forecast by Type
13.6.1 Less Than 5k Liters
13.6.2 5k-50k Liters
13.6.3 50k-25k Liters
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) FRP Tank in the Water and Wastewater Market Size Forecast by Applications
13.10.1 Municipal
13.10.2 Industrial
13.10.3 Residential
13.10.4 Commercial
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 Tank in the Water and Wastewater Market: Competitive Dashboard
14.2 Global FRP Tank in the Water and Wastewater Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Containment Solutions
14.3.2 ZCL Composites Inc.
14.3.3 Orenco System Inc
14.3.4 Hengrun Group Co. Ltd
14.3.5 Belco Manufacturing Co. Inc.
14.3.6 L.F. Manufacturing Inc.
14.3.7 Zurn Green Turtle
14.3.8 Containment Solutions
