| Product Code: ETC5707954 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Burkina Faso`s import shipments of FRP vessels in 2024 saw Ghana, South Africa, Togo, Germany, and Morocco as the top exporting countries. Despite a modest Compound Annual Growth Rate (CAGR) of 0.21% from 2020 to 2024, the market experienced a significant growth rate of 12.05% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to competitive challenges and market dynamics worth monitoring for stakeholders in the FRP vessels industry in Burkina Faso.

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 Burkina Faso FRP Vessels Market Overview |
3.1 Burkina Faso Country Macro Economic Indicators |
3.2 Burkina Faso FRP Vessels Market Revenues & Volume, 2021 & 2031F |
3.3 Burkina Faso FRP Vessels Market - Industry Life Cycle |
3.4 Burkina Faso FRP Vessels Market - Porter's Five Forces |
3.5 Burkina Faso FRP Vessels Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Burkina Faso FRP Vessels Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Burkina Faso FRP Vessels Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Burkina Faso FRP Vessels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and corrosion-resistant vessels in Burkina Faso |
4.2.2 Government initiatives promoting the use of FRP vessels in the fishing and transportation industries |
4.2.3 Growing awareness about the benefits of FRP vessels over traditional materials |
4.3 Market Restraints |
4.3.1 High initial investment cost for FRP vessels |
4.3.2 Limited availability of skilled labor for manufacturing and maintenance of FRP vessels in Burkina Faso |
5 Burkina Faso FRP Vessels Market Trends |
6 Burkina Faso FRP Vessels Market Segmentations |
6.1 Burkina Faso FRP Vessels Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Burkina Faso FRP Vessels Market Revenues & Volume, By Glass, 2021-2031F |
6.1.3 Burkina Faso FRP Vessels Market Revenues & Volume, By Carbon, 2021-2031F |
6.2 Burkina Faso FRP Vessels Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Burkina Faso FRP Vessels Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.3 Burkina Faso FRP Vessels Market Revenues & Volume, By Epoxy, 2021-2031F |
6.2.4 Burkina Faso FRP Vessels Market Revenues & Volume, By Others, 2021-2031F |
6.3 Burkina Faso FRP Vessels Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Burkina Faso FRP Vessels Market Revenues & Volume, By Water & Wastewater, 2021-2031F |
6.3.3 Burkina Faso FRP Vessels Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.4 Burkina Faso FRP Vessels Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 Burkina Faso FRP Vessels Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.6 Burkina Faso FRP Vessels Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.7 Burkina Faso FRP Vessels Market Revenues & Volume, By Others, 2021-2031F |
7 Burkina Faso FRP Vessels Market Import-Export Trade Statistics |
7.1 Burkina Faso FRP Vessels Market Export to Major Countries |
7.2 Burkina Faso FRP Vessels Market Imports from Major Countries |
8 Burkina Faso FRP Vessels Market Key Performance Indicators |
8.1 Adoption rate of FRP vessels in Burkina Faso compared to traditional vessel materials |
8.2 Number of government contracts or subsidies related to FRP vessel manufacturing and usage |
8.3 Growth in the number of FRP vessel manufacturers and suppliers in Burkina Faso |
8.4 Percentage increase in FRP vessel exports from Burkina Faso |
9 Burkina Faso FRP Vessels Market - Opportunity Assessment |
9.1 Burkina Faso FRP Vessels Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Burkina Faso FRP Vessels Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Burkina Faso FRP Vessels Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Burkina Faso FRP Vessels Market - Competitive Landscape |
10.1 Burkina Faso FRP Vessels Market Revenue Share, By Companies, 2024 |
10.2 Burkina Faso FRP Vessels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |