FRP Grating Market projected to surpass $605 million by 2027, Says Global Market Insights Inc.
Rapid industrialization and urbanization in several emerging countries will spur industry growth between 2021 and 2027. Additionally, the emerging applications of FRP grating in oil & gas and marine sectors due to its cost-effectiveness and excellent properties are expected to offer new growth opportunities to the industry in the coming years, says this report.
Selbyville, Delaware, May 25, 2021 (GLOBE NEWSWIRE) Based on Global Market Insights Inc., report, the global
FRP Grating Market was estimated at $452 million in 2020 and is slated to exceed
$605 million by 2027, registering a
CAGR of 4.4% from 2021 to 2027. The report provides a thorough analysis of the main investment avenues, major winning strategies, drivers and opportunities, wavering industry trends, market estimations as well as size, competitive scenarios.
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