| Product Code: ETC5714921 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Maldives continues to see a steady flow of FRP tank imports, with top exporters in 2024 being China, India, Sri Lanka, Thailand, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for new entrants. With a moderate compound annual growth rate (CAGR) of 2.65% from 2020 to 2024 and a growth rate of 2.61% in 2024, the market for FRP tanks in Maldives is showing resilience and stability in the face of changing global dynamics.

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 Maldives FRP Tank Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives FRP Tank Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives FRP Tank Market - Industry Life Cycle |
3.4 Maldives FRP Tank Market - Porter's Five Forces |
3.5 Maldives FRP Tank Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Maldives FRP Tank Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Maldives FRP Tank Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives FRP Tank Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and durable water storage solutions |
4.2.2 Growth in construction and infrastructure development projects in the Maldives |
4.2.3 Government initiatives promoting the use of fiberglass reinforced plastic (FRP) tanks for water storage |
4.3 Market Restraints |
4.3.1 High initial investment cost for FRP tanks compared to traditional storage solutions |
4.3.2 Limited awareness and understanding of the benefits of FRP tanks among consumers in the Maldives |
5 Maldives FRP Tank Market Trends |
6 Maldives FRP Tank Market Segmentations |
6.1 Maldives FRP Tank Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives FRP Tank Market Revenues & Volume, By Polyester & Epoxy, 2021-2031F |
6.2 Maldives FRP Tank Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives FRP Tank Market Revenues & Volume, By Carbon , 2021-2031F |
6.2.3 Maldives FRP Tank Market Revenues & Volume, By Glass, 2021-2031F |
6.3 Maldives FRP Tank Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Maldives FRP Tank Market Revenues & Volume, By Water & Waste Water Treatment, 2021-2031F |
6.3.3 Maldives FRP Tank Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.4 Maldives FRP Tank Market Revenues & Volume, By Oil , 2021-2031F |
6.3.5 Maldives FRP Tank Market Revenues & Volume, By Gas, 2021-2031F |
6.3.6 Maldives FRP Tank Market Revenues & Volume, By Pulp & Paper, 2021-2031F |
6.3.7 Maldives FRP Tank Market Revenues & Volume, By Power, 2021-2031F |
7 Maldives FRP Tank Market Import-Export Trade Statistics |
7.1 Maldives FRP Tank Market Export to Major Countries |
7.2 Maldives FRP Tank Market Imports from Major Countries |
8 Maldives FRP Tank Market Key Performance Indicators |
8.1 Average lifespan of FRP tanks in the Maldives |
8.2 Number of construction permits issued for projects requiring water storage solutions |
8.3 Percentage of government-funded projects opting for FRP tanks |
8.4 Rate of adoption of FRP tanks in residential and commercial sectors |
8.5 Customer satisfaction ratings for FRP tank manufacturers in the Maldives |
9 Maldives FRP Tank Market - Opportunity Assessment |
9.1 Maldives FRP Tank Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Maldives FRP Tank Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Maldives FRP Tank Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives FRP Tank Market - Competitive Landscape |
10.1 Maldives FRP Tank Market Revenue Share, By Companies, 2024 |
10.2 Maldives FRP Tank Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |