Global FRP Grating Market to See Steady Demand Growth through 2022

LONDON, BIOT - Jan. 20, 2018 - PRLog -- The demand for fibre reinforced plastic (FRP) grating from the key end-use industries (Oil & Gas, Transportation, Management, etc.) is rising at a steady pace due to such benefits of this product like high strength, low life-cycle, excellent corrosion resistance, low weight, high stiffness, high fatigue resistance, low maintenance costs, low weight and high durability. In most of the key end-use industries FRP grating is expanding its share replacing the traditional metal gratings.

The world's FRP grating market provides a slew of healthy growth opportunities, it is anticipated to rise at a 5.1% CAGR between 2017 and 2022.

Basing on the process, the global FRP grating market is led by the molded grating segment; it is set to maintain the dominant position through to 2022. Meantime, the pultruded grating segment is forecast to increase at the highest CAGR over 2017-2022.

The APAC region is predicted to stay in the lead of the global FRP grating market through to 2022, exhibiting the highest CAGR worldwide. China and India are likely to make the biggest contribution to the APAC FRP grating market in the coming years.

The in-demand research report "Global FRP Grating Market by Process Type, by Resin Type, by Application Type, by End-Use Industry Type, and by Region, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022 (https://marketpublishers.com/report/industry/other_indust...)" elaborated by Stratview Research includes a detailed study of the FRP grating market landscape globally and across the key regions and countries. It offers an in-depth analysis of the key market segments (on the basis of process types, applications, resin types and end-use industries) with reliable info on their size, value, shares, growth rates and major growth influencing forces. Besides, this report provides deep insights into the market dynamics and landscape, covers the competitive landscape, profiles the leading players, discusses the prevailing trends and outlines future growth prospects. The study gives access to the trustworthy data on the historical and present market performance as well as offers future forecasts up till 2022.

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