New York, United States, Nov. 08, 2022 (GLOBE NEWSWIRE) — Fiber-reinforced plastic (FRP), also referred to as glass-reinforced plastic (GRP), consists of a polymer matrix with fiber reinforcement. FRP is widely used to fabricate vessels for numerous industries, including chemical, mining, power, pulp & paper, and other sectors. Polymer matrices like epoxy, vinyl ester, and polyester are typically employed in fabricating FRP vessels. FRP composed of polyester resin is versatile, dimensionally stable, and chemically resistant. Vinyl ester FRP is designed to withstand bending and compression and is more durable and flexible than polyester FRP. Epoxy FRP has more excellent qualities compared to polyester and vinyl ester FRP. Polyurethane FRP is a common material in the fiberglass industry because of its durability and lifespan. Due to its production and design capabilities, resilience, cost, stiffness, and impact resistance, FRP is widely utilized in various industrial sectors, including chemical, oil & gas, food processing, and others.
FRP vessels are increasingly popular in transportation and automotive applications due to their lightweight and excellent corrosion resistance compared to conventional steel tankers. Moreover, the manufacture of FRP vessel products is essential to expanding the international market. Since FRP vessels play a crucial role in the automotive & transportation, water & wastewater, chemicals, oil & gas, and industrial sectors, the global fiber reinforced plastic vessel market is a low-volume, high-value industry. In addition, specific application industries, such as pulp & paper, pharmaceuticals, food processing, desalination plant, and power plant, are predicted to provide future growth opportunities. Construction, consumer goods, protective equipment, and maritime infrastructure use FRP vessels widely as a construction material, another factor driving the worldwide fiber-reinforced plastic vessel market growth.
In water and wastewater treatment plants with a daily purifying capacity of between 10,000 and 150,000 liters, FRP containers are utilized. Various FRP containers are used depending on the type of procedure, such as anaerobic or aerobic. In addition, they can be used efficiently to treat wastewater from household restrooms, baths, kitchens, and washing facilities. Due to their eco-friendliness, durability, ease of installation, lightweight, and lack of leakage, they are an excellent material for wastewater treatment vessel construction. Most sludge treatment vessels are constructed from FRP. Critical rivals in the global FRP vessels market are pursuing strategic developments, such as partnerships and new product releases, which is a significant growth driver for the global fiber-reinforced plastic vessel market.