Fiberglass reinforced plastic (FRP), is used to construct mainly chemical storage tanks, various types of piping systems, apparatus and other industrial process equipment. The conventional properties of FRP material is not beatable compared to other material, is the reason we prefer it to use for chemical and other industrial process. This is highly corrosive resistance. There are many applications of fiberglass reinforced plastic such as chemical storage tanks, underground fuel storage tanks, and pump station sump and so on. There are various technology which we employ to FRP tank to make it positively and efficiently work.
The market of FRP tanks is segmented in more briefly such as the resin type of FRP tank, Fiber Type, technology, Process Equipment/Applications and by the End-users.
What is FRP Tank?
It is a modern composite material to produce the chemical plant equipment like tank and vessels. The storage tank & vessels are manufactured by contact moulding method. FRP provides highest corrosive property to the products produce by moulding. This type of tanks has many other advantage such as lightweight, high physical strength, easy maintenance and less down time with good insulating qualities.
What are the applications of FRP Tank?
Application of FRP tank in is becoming crucial, we use it for water & wastewater, chemicals, and other oil and gas application because of the light weight and superior properties of composite material. FRP composites gives low maintenance and long product life. Many industry verticals is using fiber-glass-reinforced plastics (FRP) such as Metals and mining, Power generation, Manufacturing and others.
Market Research and Market Trends of FRP Tank Market:
- FRP tanks, due to light in weight and long life performance we can use as water storage for domestic purpose. Not only as a water tank, by the flexibility in FRP material, it also provided various type of piping, joining products with less cost compare to other material. FRP composites is ecofriendly it has recycling advantage also.
- A new composite material advantage, bridge products require regular maintenance and replacement of components if it is made of general products. When it comes to FRP composites, FRP provides new line of standard FRP trail bridges with zero maintenance and long lasting.
- FRP composite are widely replacing the old age iron, steel or other metal formed tanks and taking the properties to another level such as low cost, long life and no corrosion. Most of the refinery are also changing its metal pipes with FRP composite pipe due to the mechanical strength found in FRP.
Who are the Major Players of FRP Tank Market?
The major players in this market are Luxfer Holdings, ZCL Composites, Inc, Denali Incorporated and 7 other companies.
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Key Takeaways from this Report
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