Global FRP Grating Market Size By Type (Polyester, Vinyl Ester), By Manufacturing Process (Pultruded, Molded), By Application (Stair Treads, Walkways, Platforms), By Geographic Scope And Forecast

FRP Grating Market Size And Forecast

FRP Grating Market size was valued at USD 485 Million in 2021 and is projected to reach USD 714 Million by 2030, growing at a CAGR of 4.54% from 2022 to 2030.

FRP grating is becoming the preferred choice of the industry due to its properties such as heat and chemical resistance. Along with it, its recyclable and sustainable properties make it the most used choice for most people, therefore the FRP Grating Market is expected to boost in the forecast period. The Global FRP Grating Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global FRP Grating Market Definition

So, fiberglass reinforced plastic (FRP) grating? Think of it as tough, industrial flooring – a mix of strong fibers, special resins, and, of course, fiberglass. You'll see it all over the place, especially in walkways and platforms. The cool thing about FRP grating is that, unlike iron or steel that can rust, it can handle nasty environments for years without falling apart. Plus, it can carry a heavy load, is a breeze to install and keep clean, lets air flow through, and can stand up to the weather. These days, FRP materials are really taking over from older stuff because they're just better suited for many jobs. For example, when you've got slippery liquids or oils making things dangerous, or when there's a lot of corrosive chemicals around, you'll often find fiberglass grating keeping things safe.

Global FRP Grating Market Overview

Hey, so you know how FRP grating is showing up everywhere, like on walkways and platforms? Well, that's driving up the demand and making the whole FRP Grating Market bigger! And with everyone wanting eco-friendly stuff these days, FRP grating is looking pretty good and is expected to become more popular. People are also choosing it because it's tough and recyclable. Now, there's a catchyou gotta re-gel coat it every five years, and those fibers can bug people with asthma. You've really got to be careful when doing that. So, that could slow things down a bit for the FRP Grating Market.

Global FRP Grating MarketSegmentation Analysis

The Global FRP Grating Market is Segmented on the basis of Type, Manufacturing Process, Application, and Geography.

FRP Grating Market, By Type

• Polyester• Vinyl Ester• Phenolic• Epoxy

Based on Type, the market is segmented into Polyester, Vinyl Ester, Phenolic, and Epoxy. Since phenolic is fire and corrosion-resistant, it is a mostly used type of FRP grating and is expected to boost the market share of FRP grating in the forecast period.

FRP Grating Market, By Manufacturing Process

• Pultruded• Molded

Based on Manufacturing Process, the market is segmented into Pultruded and Molded. The largest market share is held by pultruded FRP grating as these are light and resistant to corrosion.

FRP Grating Market, By Application

• Stair Treads• Walkways• Platforms• Others

Based on Application, the market is segmented into Stair Treads, Walkways, Platforms, and Others. FRP grating is most widely used in walkways, hence this segment is expected to hold the largest market share as they are non-slippery and resistant to weather and corrosion.

FRP Grating Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

Based on regional analysis, the global FRP Grating Market is classified into North America (The U.S, Cannada), Europe (The U.K, Russia, France, Luxembourg, and the rest of Europe), Asia Pacific (China, India, Japan, South Korea), and Rest of the world (Latin America and Middle East Africa. Out of these, the Asia Pacific region is expected to hold the largest market share in the forecast period due to the excessive FRP grating industries available in this region

Key Players

The “Global FRP Grating Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Fibergrate Composite Structures Ltd, Aeron Composite, Ferrotech International FZE, Bedford Reinforced Plastics, Creative Pultrusions, Delta Composites, LLC, AGC Matex Co. Ltd., Eurograte Fiberglass Grating, Fibrolux GmbH, and National Grating.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• April 2022, Customers in the energy and infrastructure sectors in the United Kingdom benefit from local engineering support and the availability of durable precast concrete trenches and pultruded GRP through lids.

• November 2021, Com&Sens (Eke, Belgium) claims to have developed a non-intrusive in-situ sensor that not only measures changes in temperature, strain, or pressure within a composite, but also provides resin flow and cure monitoring during processing, as well as strain mapping throughout the manufacturing, assembly, and service life of a structure.

• In May 2017, McClarin Plastics LLC, a contract molder located in Hanover, Pa., purchased Custom Composites LLC in Oklahoma City to expand its market reach, improve delivery times, and provide technical assistance to the Central and Southwest US.

Report Scope

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We'll take a good hard look at the market, breaking it down by all sorts of things – not just money matters, but other factors too. You'll get the market value (in USD Billion) for every little piece we analyze. We'll point out which area and segment we think will explode with growth and which will be the top dog. Plus, we'll dive into how each region uses the product/service, and what's pushing or holding back their markets. Expect a rundown of who's who in the market, showing their rankings, new stuff they've launched, deals they've made, and how they've grown in the last five years, with detailed profiles including company overviews, insights, benchmarking, and a good old SWOT analysis for the big players. We'll give you our take on where the market is now and where it's headed, focusing on opportunities, drivers, challenges, and restraints in both up-and-coming and established areas. We also offer a deep dive using Porter's five forces analysis and explain the market's Value Chain. Expect insights into market dynamics, including future growth possibilities. Oh, and we'll back you up with analyst support for six months after the sale.

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