Market Analysis and Insights: Asia-Pacific Molded FRP Grating Market
Asia-Pacific Molded FRP grating market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 3.6% in the forecast period of 2020 to 2027 and expected to reach USD 116,513.28 thousand by 2027. Growth in construction activities in Asia-Pacific countries is boosting the market growth in the region.
China is dominating in the Asia-Pacific region due to heavy industrialization rate in the country which increases the demand of flooring material which is being used in the developing industries. The anti-slippery properties of molded FRP grating enhances its usage upon the floors and constructed walkaways thus preventing many from major accidents in the industrial arenas. It is also durable in nature which can be used for longer period of time.
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This Molded FRP Grating Market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Molded FRP grating market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Asia-Pacific molded FRP grating Market Scope and Market Size
Molded FRP grating market is segmented on the basis of type, product type, grating height, technology, application and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the market is segmented into polyester, vinyl ester, phenolic, epoxy, polyurethanes and others. Polyester is dominating the molded FRP grating Asia-Pacific market because of to high demand of durable material in growing chemical industry.
On the basis of product type, the market is segmented into angles, square, flat strip, I beams, U channel, round tube, wide flange beams, trench covers, solid rods, fluted tubes/ladder rung, kick plate/toe plate and others. In this segment, flat strip is dominating the Asia-Pacific molded FRP grating market due to increasing demand of flat strip shape of molded FRP gratings in hotels and commercial buildings.
On the basis of grating height, the market is segmented into 10-30 mm, 31-50 mm and above 50 mm. 31-50 mm is dominating the Asia-Pacific molded FRP grating market due to increasing usage in the beverage industry.
On the basis of technology, the market is segmented into compression molding, cold press molding, vacuum molding, foam molding and others. In this segment, compression molding is dominating because of increasing demand of the light-weighted material which can be produced by the compression molding process.
On the basis of application, the market is segmented into stair treads, walkaways, platforms, docks, hand rails, walls and others. Stair treads segment is dominating the Asia-Pacific molded FRP grating market due to increasing requirement of anti-slip solution to maintain proper grip and prevents accidents.
On the basis of end user, the market is segmented into petrochemicals, pulp& paper, building & construction, food & beverages, mining, pharmaceutical, oil & gas, electrical & electronics, water management, marine, defence, sports & leisures and others. In this segment, building & construction is dominating due to the growing construction activities in the Asia-Pacific countries.
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Molded FRP grating Market Country Level Analysis
Molded FRP grating market is analysed and market size information is provided by country, type, product type, grating height, technology, application and end-user as referenced above.
The countries covered in molded FRP grating market report are China, India, Japan, South Korea, Australia, Singapore, Indonesia, Thailand, Malaysia, Philippines, and Rest of Asia-Pacific in Asia-Pacific.
In Asia-Pacific, China is dominating as molded FRP grating is highly used in the constructing buildings.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Growing usage of energy-efficient walkways of molded FRP grating
Molded FRP grating market also provides you with detailed market analysis for every country growth in installed base of different kind of products for molded FRP grating market, impact of technology using life line curves and changes industry regulatory scenarios and their impact on the Molded FRP grating market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Molded FRP grating Market Share Analysis
Molded FRP grating market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Asia-Pacific Molded FRP grating market.
The major players covered in the report are
AGC MATEX CO., LTD (A subsidiary of AGC Inc.), LOCKERGROUP (A subsidiary of Valmont Industries, Inc.), GRAND FIBERGLASS Co., Ltd., Higoal, JiangYin RunLin Molding New Materials Co., Ltd. and Suzhou Grating Co., Ltd., among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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