Lucintel’s latest market report analyzed that FRP tank in the water and wastewater provides attractive opportunities in municipal, industrial, residential, and commercial end use industry. The FRP tank in the water and wastewater market is expected to grow at a CAGR of 4.7%. In this market, wastewater is the largest segment by application, whereas municipal is largest by end use industry. The development of new al usage of FRP tank i.e. for fire protection as well as for potable water provides strategic growth path in this market.
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Based on application, the FRP tank in the water and wastewater market is segmented into wastewater, industrial wastewater, plumbing engineered solutions, water conservation, potable water, fire protection. The wastewater segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to the increasing government spending on recycling and reuse of wastewater.
Browse in-depth TOC on “FRP Tank in the Water and Wastewater Market”
86 – Tables
115 – Figures
189 – Pages
The FRP Tank in the Water and Wastewater Market is marked by the presence of several big and small players. Some of the prominent players offering FRP tank in the water and wastewater include Containment Solutions, ZCL Composites Inc., Orenco Systems Inc., Hengrun Group Co.Ltd., Belco Manufacturing Co. Inc., L.F. Manufacturing, Inc., Zurn Green Turtle.
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