According to a market report by Lucintel, the future of the global FRP tank in agriculture market looks promising with opportunities in the storage of portable water and rain water harvesting markets. The global FRP tank in agriculture market is expected to grow with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are increasing adoption of precision agriculture techniques and growing demand for water and fertilizer storage solutions.
A more than 150-page report to understand trends, opportunity and forecast in FRP tank in agriculture market to 2030 by resin type (polyester composites, vinyl ester composites, and others), application (storage of portable water, rain water harvesting, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the resin type category, polyester composite will remain a larger segment over the forecast period.
Within the application category, rain water harvesting is expected to witness a higher growth.
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In terms of regions, APAC is expected to witness the highest growth over the forecast period.
Qorvo, Microchip Technology, Broadcom, Analog Devices, Infineon Technologies, Sumitomo Electric Industries, Win Semiconductors are the major suppliers in the FRP tank in agriculture market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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