FRP Grating is a grating made of FRP. Fibre-reinforced plastic, consists of fiberglass, carbon, aramid, hybrid or other fabric reinforced plastic A grating is any regularly spaced collection of essentially identical, parallel, elongated elements. Gratings usually consist of a single set of elongated elements, but can consist of two sets, in which case the second set is usually perpendicular to the first (as illustrated). When the two sets are perpendicular, this is also known as a grid or a mesh. Highlights Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, the global FRP Grating market is projected to reach US$ 1377.9 million by 2028 from an estimated US$ 1101.6 million in 2022, at a CAGR of 3.8% during 2023 and 2028. Global FRP Grating key players include ChinaGrate, MEISER, Fiber Grage, Daikure, Bedford, etc. Global top five manufacturers hold a share over 55%. North America is the largest market, with a share over 25%, followed by Europe and China, both have a share over 40%
In terms of product, Molded FRP Grating is the largest segment, with a share over 70%. And in terms of application, the largest application is Platforms, followed by Stair Treads, Covers, etc.
Complete study of the global FRP Grating market is carried out by the analysts in this report, taking into consideration key factors like drivers, challenges, recent trends, opportunities, advancements, and competitive landscape. This report offers a clear understanding of the present as well as future scenario of the global FRP Grating industry. Research techniques like PESTLE and Porter’s Five Forces analysis have been deployed by the researchers. They have also provided accurate data on FRP Grating production, capacity, price, cost, margin, and revenue to help the players gain a clear understanding of the overall existing and future market situation.
The report has classified the global FRP Grating industry into segments including product type and application. Every segment is evaluated based on growth rate and share. Besides, the analysts have studied the potential regions that may prove rewarding for the FRP Grating manufacturers in the coming years. The regional analysis includes reliable predictions on value and volume, thereby helping market players to gain deep insights into the overall FRP Grating industry.
Global FRP Grating Market Segment By Type:
Molded FRP Grating Pultruded FRP Grating
Stair Treads Platforms Covers Others
It is important for every market participant to be familiar with the competitive scenario in the global FRP Grating industry. In order to fulfill the requirements, the industry analysts have evaluated the strategic activities of the competitors to help the key players strengthen their foothold in the market and increase their competitiveness.
Key companies operating in the global FRP Grating market include: MEISER, Lionweld Kennedy, Fibrolux, Techno-Composites, Fiber Grage, Bedford, Liberty Pultrusions, Amico Seasafe, Strongwell, National Grating, Delta Composites LLC, Mcnichols, Daikure, AGC Matex, ChinaGrate, Jiangyin Runlin, iGRID, HIGOAL, Hebei Tingqi, Indiana Group, Kemrock, Locker Group, Ferro Grate
What is the growth potential of the FRP Grating market? Which product segment will grab a lion’s share? Which regional market will emerge as a frontrunner in the coming years? Which application segment will grow at a robust rate? What are the growth opportunities that may emerge in the FRP Grating industry in the years to come? What are the key challenges that the global FRP Grating market may face in the future? Which are the leading companies in the global FRP Grating market? Which are the key trends positively impacting the market growth? Which are the growth strategies considered by the players to sustain their hold in the global FRP Grating market?
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