Research and Markets - FRP Grating Market to Reach $574 Million by 2021 - Key Vendors are Strongwell, Techno Composites Domine, McNichols Company, Meiser GmbH, Bedford Reinforced Plastics & AGC Matex

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May 25, 2017, 06:00 ET

DUBLIN, May 25, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "FRP Grating Market by Resin Type, Process, Application, End-use Industry, and Region - Global Forecast to 2021" report to their offering.

The FRP grating market is projected to reach USD 574.2 Million by 2021, at a CAGR of 4.24% from 2016 to 2021. FRP grating are being used in various industries, owing to their properties, such as corrosion resistance, high strength, impact resistance, and light weight. These properties make them suitable for use in water management, the industrial sector, cooling towers, and the marine industry, among others.

Based on type, the FRP grating market has been segmented into molded and pultruded. The pultruded grating segment is projected to witness a higher growth in the coming years, owing the high stiffness, corrosion resistance, and superior strength of pultruded grating.

Based on application, the FRP grating market has been segmented into walkways, stair treads, and platforms, among others. Contractors, architects, and construction companies are increasingly using FRP grating for both functional and aesthetic purposes, such as in walkways, flooring, ceilings, and platforms. These grating can be easily installed, require low maintenance, and are lightweight.

Product performance of FRP grating can be enhanced with the use of resins or glass fiber. FRP grating are used with different resins, to exhibit different properties and enhance the performance of a product, depending on the application that they are used in. Polyester is a resin that is widely used with FRP grating to manufacture lightweight and high-strength grating.

Asia-Pacific is estimated to be the largest market for FRP grating. The FRP markets in China, India, and Japan are expected to witness high growth in near future because of the growing industrial sector in these countries.

The high cost of production and the availability of low-cost substitutes can restrain the growth of the FRP grating market.

Companies Mentioned

AGC Matex Co. Ltd
Amico Seasafe Inc.
Arham Hi-Tech Design and Solution Pvt. Ltd.
Bedford Reinforced Plastics
Delta Composites LLC
Diakure Co. Ltd.
Eurograte Fiberglass Grating
Exel Composites
Ferrotech International FZE
Fibergrate Composite Structures Ltd.
Fibrolux GmbH
Flexxcon Bv
Indiana Group
Jiangyin Runlin Molding New Materials Co., Ltd.
Kemrock Industries & Exports Ltd.
Liberty Pultrusions
Lionweld Kennedy
Locker Group
Mcnichols Co.
Meiser GmbH
National Grating
Strongwell Corporation
Suzhou Grating Co., Ltd. (iGrid)
Techno Composites Domine GmbH
Webforge

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Macroeconomic Overview

6 Market Overview

7 FRP Grating Market, By Process

8 FRP Grating Market, By Resin Type

9 FRP Grating Market, By Application

10 FRP Grating Market, By End-Use Industry

11 Regional Analysis

12 Dive, FRP Grating Market

13 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/b438ns/frp_grating

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SOURCE Research and Markets