Lucintel Forecasts Frp Tank In The Water And Wastewater Market To Reach $900 Million By 2030

By Author: Lucintel LLC
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According to the recent study the FRP tank in the water and wastewater market is projected to reach an estimated $900 million by 2030 from $684 million in 2023 at a CAGR of 4% from 2023 to 2030. Growth in this market is primarily driven by growing construction activities, increasing concerns towards water conservation and fire protection, and aging water infrastructure.
Browse 108 figures/charts and 86 tables in this 189-page report to understand trends, opportunities and forecast in FRP tank in the water and wastewater market by application (wastewater, industrial wastewater, plumbing engineered solutions, water conservation, potable water, fire protection), by installation (underground and aboveground), by capacity (less than 5k, 5k-50k, and 50k-250k), by end use industry (municipal, industrial, residential and commercial), region (North America, Europe, APAC, and the Rest of the World).
Lucintel forecasts that municipal use will remain the largest end use segment and is also expected to witness the highest growth over the forecast period due to growth in water infrastructure activities in the emerging economies ...
... such as China and India.
Wastewater application will remain the largest application and it is expected to witness highest growth over the forecast period due to increasing government spending on recycling and reuse of wastewater.
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Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to rapid industrialization, urbanization and high government investment for infrastructure development, and water/waste water management programs.
Containment Solutions, ZCL Composites Inc., Orenco Systems Inc., Hengrun Group Co. Ltd, Belco Manufacturing Co. Inc., L.F. Manufacturing, Inc., and Zurn Green Turtle are the major suppliers in the FRP tank in the water and wastewater market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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