Global fiber reinforced plastic (FRP) tanks market value 2021, by application
The waste and wastewater segment accounted for the largest proportion of the global fiber-reinforced plastic (FRP) tanks market value in 2021, at 578.9 million U.S. dollars. According to the source, the water and wastewater segment is projected to grow at a CAGR of 5.2 percent during the forecast period of 2022 to 2027 to reach a value of 771.8 million U.S. dollars by 2027. The growth in this segment is expected to by driven by the increasing need for pure drinking water worldwide.