Dublin, Jan. 05, 2021 (GLOBE NEWSWIRE) -- The "FRP Grating - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for FRP Grating estimated at US$513.9 Million in the year 2020, is projected to reach a revised size of US$622.1 Million by 2027, growing at CAGR of 2.8% over the period 2020-2027. Molded, one of the segments analyzed in the report, is projected to record 2.8% CAGR and reach US$276.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Pultruded segment is readjusted to a revised 2.8% CAGR for the next 7-year period.
The FRP Grating market in the U.S. is estimated at US$138.9 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$125.4 Million by the year 2027 trailing a CAGR of 5.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- AGC Matex Co., Ltd.
- Arham Hi-Tech Design And Solution Pvt.Ltd.
- Bedford Reinforced Plastics
- Delta Composite Structures, LLC
- Diakure Co. Ltd.
- Eurograte Fiberglass Grating
- Exel Composites Oyj
- Ferrotech International FZE
- Fibergrate Composite Structures Inc.
- Fibrolux GmbH
- Flexxcon Bv
- Indiana Group
- JiangYin RunLin Molding New Materials Co., Ltd.
- Liberty Pultrusions
- Lionweld Kennedy Flooring Ltd.
- Locker Group Pty. Ltd.
- Mcnichols Co., Inc
- Meiser GmbH
- National Grating
- Seasafe Inc.
- STRONGWELL Corporation
- Suzhou Grating Co., Ltd.
- Techno-Composites Domine GmbH
- Webforge
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- FRP Grating Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/4ulokr
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