FRP Gratings Market Report

FRP Gratings Market Report, by Resin Type (Polyester, Vinyl Ester, Phenolics), Process (Molded FRP Gratings, Pultruded FRP Gratings), Applications (Stair Trends, Walkways, Platform, Floorings), End User (Industrial, Water Management, Cooling Towers, Oil and Gas, Marine) and Geography - Global Market Share, Trend, Analysis, Forecast , 2019 - 2028

Report Code : 10754 | Publish Date : Upcoming | Industry : Chemicals_Materials | Geography : Global


The fiberglass reinforced plastic gratings is expressed as the gratings structure which comprised of a matrix of resin along with fiberglass. They are considered as green, sustainable and energy efficient material. Unlike steel gratings, these are composite material which does not corrode and is therefore applicable in corrosive environments for minimization of cost of maintenance. The properties of FRP gratings such as high strength, light weight and corrosion resistance makes them more demandable in the market. Additionally, they have excellent light transmission, radar transparency, conductivity and high dielectric strengths. 

Market Dynamics - FRP Grating Market

The FRP gratings market is anticipated to grow at CAGR of 5.12% during forecast period of 2021 to 2027. Owing to less cost of maintenance the FRP gratings are gaining market attentions. The key factors such as increasing demand for non-corrosive and high-performance gratings form major industries are propelling the growth of FRP gratings market. The rising uses of FRP gratings in different industries is also refuelling the growth of FRP grating market. However, recyclability and disposable cost of FRP grating is hindering the growth of FRP grating market. 

COVID-19 Impact on FRP Gratings Market

The exclusive COVID-19 impact analysis report by axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the FRP gratings market. In addition, complete analysis of changes on FRP gratings expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on Global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The COVID-19 pandemic have disturbed all the supply chains in almost every market. As the circumstance of lockdown and widespread of virus among various populations also hampered the market as the complete shutdown in different countries were implemented. These hindered the trade of FRP gratings across the various regions as because of that the FRP gratings market is having the negative impact of the COVID-19. As the situation of COVID-19 is getting normalized the market is estimated to boost up like before.


FRP Gratings Market - Segmental Overview 

The FRP gratings market is segmented by resin type, process, application, end user and geography. 

FRP Grating Market by Resin Type 

The resin type such as polyester, vinyl ester, phenolics and other are comprised in the FRP gratings market. In which, Polyester resins are expected to dominate the market in 2020. The polyester resin are the synthetic resign formed by the reaction of dibasic organic acids and polyhydric alcohols. The polyester resin is used widely with FRP grating for manufacturing of lightweight and high strength materials. They have different applications in making decorative objects such as costume jewellery, paperweights and encapsulation of flowers, coins or biological specimens. 

FRP Grating Market by Process 

The process such as molded FRP gratings and pultruded FRP gratings are comprised in the FRP gratings market. In which pultruded is estimated to dominate the market in 2020. The pultrusion is a continuous process for manufacture of fiber-reinforced plastics with constant cross sections. The pultruded FRP gratings have different properties such as high stiffness, corrosion resistance and superior strength than the molded FRP gratings. 

FRP Grating Market by Application 

The different applications of FRP gratings such as stair treads, walkaways, platforms, flooring and others are comprised in the FRP gratings market. In which walkaways are expected to dominate the market in 2020. The FRP gratings are used for both aesthetic and functional purposes in the various industries such as construction, architecture, contract companies as owing to easy installations, require low maintenance and light weight properties. 

FRP Grating Market by End User Industry

The end user industries such as industrial, water management, cooling towers, oil and gas, marine and other are comprised in the FRP grating market. In which water management industries is anticipated to dominate the market in 2020. Owing to properties such as corrosion resistance, high strengths, impact resistance and light weight these properties they are widely used in water management industries. Following to the water management industries they are also used in industrial sectors, cooling tower and marine industry. 

FRP Grating Market by Geography 

The FRP gratings market is studied for key regions such as North America, Europe, Asia Pacific and Rest of the World. In which Asia Pacific region is anticipated to dominate the market in 2020. Owing to high rate of growth of industrial sectors the FRP gratings market is observing growth. The rising economic development of the region is also refuelling the growth of FRP gratings market. The rising government initiative for expanding industrial sectors is also contributing in the growth of FRP gratings market. 

Key Players in FRP Gratings Market  

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

Key Developments in FRP Gratings Market 

  • Bedford Reinforced Plastics launched their two series named as PROSERIES and READYSERIES which comprised of the FRP gratings which are strong, lightweights and corrosion resistant and versatile alternative to traditional products.
  • STRONGWELL Corporation launched DURAGRATE which is a molded grating along with the DIRADEK/DURAGRID which is a pultruded grating. 
  • Ferrotech Internations launched their FRP and GRP gratings which are available for fire retardant isophalic polyester, vinyl ester. 
  • SEASAFE Inc. launched their FRP wall panels- Gator Deck which is pultruded grating FRP.

The study comprised of the FRP gratings market. In which various segment of the market such as resin type, process, application and end user. The study also comprised of the dominating segment of the market. The resin type segment is dominated by polyester resins. Based on process, pultruded FRP gratings are propelling the fastest market growth. By application the market is dominated by walkaways and by end user the water management is dominating the market of FRP gratings. The study also covers the geographical section of the market and concludes that the Asia Pacific is estimated to dominate the market in 2020. The study imparts the impact of COVID-19 on FRP grating market and it is found that COVID-19 pandemic have disturbed all the supply chains in almost every market. As the circumstance of lockdown and widespread of virus among various populations also hampered the market as the complete shutdown in different countries were implemented. These hindered the trade of FRP gratings across the various regions as because of that the FRP gratings market is having the negative impact of the COVID-19. As the situation of COVID-19 is getting normalized the market is estimated to boost up like before. The study also cover major key players active in the market.

Why to buy this report 

  • The report offers changing market dynamics in the FRP gratings markets industry, presenting historical, current and projected market size in terms of value (USD Million)
  • The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of the FRP gratings market
  • It presents a comprehensive assessment of regions exhibiting promising growth, potential and niche segments and a neutral perspective of the FRP gratings market
  • The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of FRP gratings market