Top FRP Vessels Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the FRP Vessels Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading FRP Vessels industry players.

FRP Vessels Market Competitive Landscape

The global FRP vessels market is highly competitive, with key players like Haldor Topsoe, Gurit, LyondellBasell Industries, and Hexagon Composite leading the industry. All these companies are product innovation-driven, strategic partnering, and geographical extension. Haldor Topsoe capitalizes on material science expertise for sustainable solutions, whereas Hexagon Composite is light-weight solution-focused for the energy and transportation industries. These are helping to increase their market position and push technological innovation in FRP vessel applications.

Top Player’s Company Profiles

  • ZCL Composites Inc. (Canada) 
  • Containment Solutions, Inc. (USA) 
  • Enduro Composites, Inc. (USA) 
  • Ershigs, Inc. (USA) 
  • Augusta Fiberglass Coatings, Inc. (USA) 
  • Plas-Tank Industries, Inc. (USA) 
  • NOV Fiber Glass Systems (USA) 
  • Shandong Shuangyi Technology Co., Ltd. (China) 
  • Kompozit Grupp Production (Russia) 
  • Balaji Fiber Reinforced Pvt. Ltd. (India) 
  • Sintex Plastics Technology Limited (India) 
  • Supreme Industries Limited (India) 
  • Toyoda Iron Works Co., Ltd. (Japan) 
  • Showa Denko Materials Co., Ltd. (Japan) 
  • BS Projects (India) 
  • Tecnium S.A. (Spain)

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Global FRP Vessels Market size was valued at USD 5.94 Billion in 2023 poised to grow from USD 6.37 Billion in 2024 to USD 11.11 Billion by 2032, growing at a CAGR of 7.2% in the forecast period (2025-2032).

The global FRP vessels market is highly competitive, with key players like Haldor Topsoe, Gurit, LyondellBasell Industries, and Hexagon Composite leading the industry. All these companies are product innovation-driven, strategic partnering, and geographical extension. Haldor Topsoe capitalizes on material science expertise for sustainable solutions, whereas Hexagon Composite is light-weight solution-focused for the energy and transportation industries. These are helping to increase their market position and push technological innovation in FRP vessel applications. 'Haldor Topsoe (Denmark)', 'Gurit (Switzerland)', 'LyondellBasell Industries (Netherlands)', 'Hexagon Composites (Norway)', 'Veolia North America (USA)', 'Amcor (Australia)', 'Chemical Tankers Inc. (USA)', 'Rostfrei Steels (India)', 'DSM (Netherlands)', 'Plastic Omnium (France)', 'Fibre Glass Industries (USA)', 'Warren Environmental (USA)', 'The Japan Steel Works, Ltd. (Japan)', 'National Oilwell Varco (USA)', 'BASF (Germany)'

Increase in industrial activity across industries like chemicals, oil & gas, and water treatment is fueling need for corrosion-resistance storage applications. FRP tanks, due to their remarkable resistance to toxic chemicals and deterioration from the elements, provide an enduring alternative over conventional metal drums, thus lower maintenance costs as well as enhancing safety in severe storage applications.

Rising Demand for Lightweight, Durable FRP Vessels: The global FRP vessels market is experiencing growing demand because of the lightweight, corrosion-resistant, and long-lasting character of the vessels. The vessels are increasingly being utilized in marine and industrial applications, where they withstand harsh conditions, and therefore are very effective for chemical, high-pressure, and extreme environment uses.

How does the U.S. Chemical Manufacturing Sector Influence the FRP Vessels Market?

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Global FRP Vessels Market
FRP Vessels Market

Report ID: SQMIG15E2731

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