| Product Code: ETC5714859 | 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 |
Barbados` import shipments of FRP tanks in 2024 continued to be dominated by top exporting countries such as the USA, China, Germany, Trinidad and Tobago, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 12.75%, reflecting a positive trend in demand. Furthermore, the growth rate between 2023 and 2024 spiked to 24.0%, suggesting a significant uptick in import activity for FRP tanks in Barbados.

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 Barbados FRP Tank Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados FRP Tank Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados FRP Tank Market - Industry Life Cycle |
3.4 Barbados FRP Tank Market - Porter's Five Forces |
3.5 Barbados FRP Tank Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Barbados FRP Tank Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Barbados FRP Tank Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Barbados FRP Tank Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for durable and corrosion-resistant storage solutions in various industries |
4.2.2 Increasing awareness about the benefits of FRP tanks over traditional materials |
4.2.3 Government initiatives promoting the use of eco-friendly and sustainable products in Barbados |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up FRP tank manufacturing facilities |
4.3.2 Limited availability of skilled labor for FRP tank production |
4.3.3 Fluctuating raw material prices impacting production costs |
5 Barbados FRP Tank Market Trends |
6 Barbados FRP Tank Market Segmentations |
6.1 Barbados FRP Tank Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados FRP Tank Market Revenues & Volume, By Polyester & Epoxy, 2021-2031F |
6.2 Barbados FRP Tank Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Barbados FRP Tank Market Revenues & Volume, By Carbon , 2021-2031F |
6.2.3 Barbados FRP Tank Market Revenues & Volume, By Glass, 2021-2031F |
6.3 Barbados FRP Tank Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Barbados FRP Tank Market Revenues & Volume, By Water & Waste Water Treatment, 2021-2031F |
6.3.3 Barbados FRP Tank Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.4 Barbados FRP Tank Market Revenues & Volume, By Oil , 2021-2031F |
6.3.5 Barbados FRP Tank Market Revenues & Volume, By Gas, 2021-2031F |
6.3.6 Barbados FRP Tank Market Revenues & Volume, By Pulp & Paper, 2021-2031F |
6.3.7 Barbados FRP Tank Market Revenues & Volume, By Power, 2021-2031F |
7 Barbados FRP Tank Market Import-Export Trade Statistics |
7.1 Barbados FRP Tank Market Export to Major Countries |
7.2 Barbados FRP Tank Market Imports from Major Countries |
8 Barbados FRP Tank Market Key Performance Indicators |
8.1 Average lifespan of FRP tanks in Barbados |
8.2 Number of new applications utilizing FRP tanks in different industries |
8.3 Percentage of FRP tank manufacturers in Barbados using sustainable production practices |
9 Barbados FRP Tank Market - Opportunity Assessment |
9.1 Barbados FRP Tank Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Barbados FRP Tank Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Barbados FRP Tank Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Barbados FRP Tank Market - Competitive Landscape |
10.1 Barbados FRP Tank Market Revenue Share, By Companies, 2024 |
10.2 Barbados FRP Tank Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |