| Product Code: ETC5707952 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Brunei FRP vessels import shipments in 2024 saw significant contributions from top exporting countries including China, Malaysia, Singapore, USA, and the UK. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the industry experienced a sharp decline with a Compound Annual Growth Rate (CAGR) of -18.75% from 2020 to 2024. The growth rate from 2023 to 2024 further plummeted by -48.21%, indicating challenges faced by the market. These trends suggest a need for strategic adjustments and market diversification to stimulate growth in the FRP vessels import sector in Brunei.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Brunei FRP Vessels Market Overview |
3.1 Brunei Country Macro Economic Indicators |
3.2 Brunei FRP Vessels Market Revenues & Volume, 2021 & 2031F |
3.3 Brunei FRP Vessels Market - Industry Life Cycle |
3.4 Brunei FRP Vessels Market - Porter's Five Forces |
3.5 Brunei FRP Vessels Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Brunei FRP Vessels Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Brunei FRP Vessels Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Brunei FRP Vessels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and corrosion-resistant vessels in the marine industry |
4.2.2 Growing focus on sustainable and eco-friendly solutions in the maritime sector |
4.2.3 Technological advancements in FRP (Fiber Reinforced Plastic) materials leading to enhanced vessel performance |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with FRP vessels |
4.3.2 Limited awareness and understanding of the benefits of FRP vessels among potential buyers |
4.3.3 Challenges related to repair and maintenance of FRP vessels compared to traditional materials |
5 Brunei FRP Vessels Market Trends |
6 Brunei FRP Vessels Market Segmentations |
6.1 Brunei FRP Vessels Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Brunei FRP Vessels Market Revenues & Volume, By Glass, 2021-2031F |
6.1.3 Brunei FRP Vessels Market Revenues & Volume, By Carbon, 2021-2031F |
6.2 Brunei FRP Vessels Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Brunei FRP Vessels Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.3 Brunei FRP Vessels Market Revenues & Volume, By Epoxy, 2021-2031F |
6.2.4 Brunei FRP Vessels Market Revenues & Volume, By Others, 2021-2031F |
6.3 Brunei FRP Vessels Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Brunei FRP Vessels Market Revenues & Volume, By Water & Wastewater, 2021-2031F |
6.3.3 Brunei FRP Vessels Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.4 Brunei FRP Vessels Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 Brunei FRP Vessels Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.6 Brunei FRP Vessels Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.7 Brunei FRP Vessels Market Revenues & Volume, By Others, 2021-2031F |
7 Brunei FRP Vessels Market Import-Export Trade Statistics |
7.1 Brunei FRP Vessels Market Export to Major Countries |
7.2 Brunei FRP Vessels Market Imports from Major Countries |
8 Brunei FRP Vessels Market Key Performance Indicators |
8.1 Average vessel lifespan compared to traditional materials |
8.2 Percentage increase in the adoption of FRP vessels in the maritime industry |
8.3 Number of new products or innovations in FRP vessel technology |
8.4 Environmental impact assessments for FRP vessels compared to conventional materials |
8.5 Percentage reduction in fuel consumption or emissions for vessels using FRP technology |
9 Brunei FRP Vessels Market - Opportunity Assessment |
9.1 Brunei FRP Vessels Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Brunei FRP Vessels Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Brunei FRP Vessels Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Brunei FRP Vessels Market - Competitive Landscape |
10.1 Brunei FRP Vessels Market Revenue Share, By Companies, 2024 |
10.2 Brunei FRP Vessels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |