| Product Code: ETC4501776 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Australia FRP (Fiber Reinforced Plastic) tank market is witnessing steady growth due to the increasing demand for durable and corrosion-resistant storage solutions across industries such as water treatment, chemical processing, and oil & gas. FRP tanks offer advantages such as lightweight construction, high strength-to-weight ratio, and resistance to chemicals and harsh environments. With growing investments in infrastructure development and industrial projects, there is a rising need for reliable storage solutions, driving the adoption of FRP tanks in Australia. Moreover, stringent regulations regarding environmental protection and safety standards are further boosting market growth as industries seek compliant storage options.
The Australia FRP tank market is being driven by the increasing demand from industries such as water and wastewater treatment, chemical processing, and oil and gas for corrosion-resistant and durable storage solutions. FRP tanks offer advantages such as resistance to corrosion, lightweight construction, and low maintenance requirements, making them ideal for storing a wide range of liquids and chemicals. Additionally, stringent regulations pertaining to environmental safety and storage standards are fueling the adoption of FRP tanks in Australia, thereby driving market growth.
One of the challenges facing the FRP tank market in Australia is the competition from alternative materials such as steel and concrete. While FRP tanks offer advantages such as corrosion resistance, durability, and lightweight construction, they may face challenges in convincing traditional industries accustomed to using steel or concrete tanks of their benefits. Moreover, the initial investment cost for FRP tanks may be higher compared to conventional options, posing a barrier to adoption for some customers.
The Australia FRP tank market is influenced by government policies aimed at promoting sustainable water management practices and ensuring environmental protection. Regulatory frameworks such as water resource management plans and environmental impact assessments drive the adoption of FRP tanks for storing various liquids, including water, chemicals, and fuels. Additionally, government initiatives to enhance infrastructure resilience against natural disasters and climate change impacts contribute to the demand for FRP tanks in critical sectors such as water supply, wastewater treatment, and industrial storage facilities.
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 Australia FRP Tank Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia FRP Tank Market Revenues & Volume, 2021 & 2031F |
3.3 Australia FRP Tank Market - Industry Life Cycle |
3.4 Australia FRP Tank Market - Porter's Five Forces |
3.5 Australia FRP Tank Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Australia FRP Tank Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Australia FRP Tank Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia FRP Tank Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for durable and corrosion-resistant storage solutions in industries such as water treatment, oil gas, and chemical processing. |
4.2.2 Growing awareness about the benefits of using FRP tanks such as lightweight, low maintenance, and long lifespan. |
4.2.3 Government regulations promoting the use of environmentally friendly and safe storage solutions. |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with FRP tanks compared to traditional storage tanks. |
4.3.2 Limited awareness and understanding of FRP tanks among potential end-users. |
4.3.3 Challenges related to the proper installation and maintenance of FRP tanks, leading to potential performance issues. |
5 Australia FRP Tank Market Trends |
6 Australia FRP Tank Market, By Types |
6.1 Australia FRP Tank Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Australia FRP Tank Market Revenues & Volume, By Resin Type, 2021-2031F |
6.1.3 Australia FRP Tank Market Revenues & Volume, By Polyester & Epoxy, 2021-2031F |
6.2 Australia FRP Tank Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Australia FRP Tank Market Revenues & Volume, By Carbon , 2021-2031F |
6.2.3 Australia FRP Tank Market Revenues & Volume, By Glass, 2021-2031F |
6.3 Australia FRP Tank Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia FRP Tank Market Revenues & Volume, By Water & Waste Water Treatment, 2021-2031F |
6.3.3 Australia FRP Tank Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.4 Australia FRP Tank Market Revenues & Volume, By Oil , 2021-2031F |
6.3.5 Australia FRP Tank Market Revenues & Volume, By Gas, 2021-2031F |
6.3.6 Australia FRP Tank Market Revenues & Volume, By Pulp & Paper, 2021-2031F |
6.3.7 Australia FRP Tank Market Revenues & Volume, By Power, 2021-2031F |
7 Australia FRP Tank Market Import-Export Trade Statistics |
7.1 Australia FRP Tank Market Export to Major Countries |
7.2 Australia FRP Tank Market Imports from Major Countries |
8 Australia FRP Tank Market Key Performance Indicators |
8.1 Number of new installations of FRP tanks in key industries. |
8.2 Percentage increase in inquiries and requests for FRP tank solutions. |
8.3 Rate of adoption of FRP tanks compared to other types of storage solutions. |
8.4 Average lifespan and maintenance costs of FRP tanks in different applications. |
8.5 Number of regulatory approvals or certifications obtained for FRP tank manufacturers. |
9 Australia FRP Tank Market - Opportunity Assessment |
9.1 Australia FRP Tank Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Australia FRP Tank Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Australia FRP Tank Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia FRP Tank Market - Competitive Landscape |
10.1 Australia FRP Tank Market Revenue Share, By Companies, 2024 |
10.2 Australia FRP Tank Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |