| Product Code: ETC5714869 | 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 |
In 2024, Bulgaria saw significant imports of FRP tanks from top exporting countries such as Germany, China, Italy, Czechia, and Switzerland. Despite the diverse sources, the Market Top 5 Importing Countries and Market Competition (HHI) Analysis remained relatively unconcentrated with a low Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 14.57%, indicating a growing demand for FRP tanks in Bulgaria. However, there was a slight decline in growth rate from 2023 to 2024, suggesting a potential shift in Market Top 5 Importing Countries and Market Competition (HHI) Analysis dynamics that importers may need to monitor closely.

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 Bulgaria FRP Tank Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria FRP Tank Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria FRP Tank Market - Industry Life Cycle |
3.4 Bulgaria FRP Tank Market - Porter's Five Forces |
3.5 Bulgaria FRP Tank Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Bulgaria FRP Tank Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Bulgaria FRP Tank Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria 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, chemical processing, and oil gas |
4.2.2 Growing focus on environmental regulations and sustainability, driving the adoption of FRP tanks as eco-friendly alternatives |
4.2.3 Technological advancements leading to the development of high-performance and cost-effective FRP tank solutions |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with FRP tanks, limiting adoption among small and medium enterprises |
4.3.2 Limited awareness and understanding of the benefits of FRP tanks compared to traditional materials like steel or concrete |
4.3.3 Challenges related to recycling and disposal of FRP tanks at the end of their lifecycle |
5 Bulgaria FRP Tank Market Trends |
6 Bulgaria FRP Tank Market Segmentations |
6.1 Bulgaria FRP Tank Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria FRP Tank Market Revenues & Volume, By Polyester & Epoxy, 2021-2031F |
6.2 Bulgaria FRP Tank Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria FRP Tank Market Revenues & Volume, By Carbon , 2021-2031F |
6.2.3 Bulgaria FRP Tank Market Revenues & Volume, By Glass, 2021-2031F |
6.3 Bulgaria FRP Tank Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria FRP Tank Market Revenues & Volume, By Water & Waste Water Treatment, 2021-2031F |
6.3.3 Bulgaria FRP Tank Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.4 Bulgaria FRP Tank Market Revenues & Volume, By Oil , 2021-2031F |
6.3.5 Bulgaria FRP Tank Market Revenues & Volume, By Gas, 2021-2031F |
6.3.6 Bulgaria FRP Tank Market Revenues & Volume, By Pulp & Paper, 2021-2031F |
6.3.7 Bulgaria FRP Tank Market Revenues & Volume, By Power, 2021-2031F |
7 Bulgaria FRP Tank Market Import-Export Trade Statistics |
7.1 Bulgaria FRP Tank Market Export to Major Countries |
7.2 Bulgaria FRP Tank Market Imports from Major Countries |
8 Bulgaria FRP Tank Market Key Performance Indicators |
8.1 Average lifespan of FRP tanks in Bulgaria market |
8.2 Percentage of FRP tank installations in key industries |
8.3 Rate of adoption of FRP tanks in new applications |
8.4 Number of research and development initiatives focused on enhancing FRP tank technologies |
8.5 Customer satisfaction levels with FRP tank performance and durability |
9 Bulgaria FRP Tank Market - Opportunity Assessment |
9.1 Bulgaria FRP Tank Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Bulgaria FRP Tank Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Bulgaria FRP Tank Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria FRP Tank Market - Competitive Landscape |
10.1 Bulgaria FRP Tank Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria FRP Tank Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |