| Product Code: ETC5707971 | 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 |
The import shipments of FRP vessels into El Salvador in 2024 continued to showcase a high level of concentration, with top exporting countries being China, USA, Mexico, Guatemala, and Germany. The market experienced steady growth with a Compound Annual Growth Rate (CAGR) of 9.03% from 2020 to 2024. Furthermore, the growth rate from 2023 to 2024 remained strong at 7.84%, indicating a positive trend in the demand for FRP vessels in the region.

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 El Salvador FRP Vessels Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador FRP Vessels Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador FRP Vessels Market - Industry Life Cycle |
3.4 El Salvador FRP Vessels Market - Porter's Five Forces |
3.5 El Salvador FRP Vessels Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 El Salvador FRP Vessels Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 El Salvador FRP Vessels Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 El Salvador FRP Vessels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and corrosion-resistant materials in the marine industry |
4.2.2 Increasing focus on fuel efficiency and environmental sustainability driving the adoption of FRP vessels |
4.2.3 Government initiatives and investments in the maritime sector supporting the growth of FRP vessels market in El Salvador |
4.3 Market Restraints |
4.3.1 High initial cost of FRP vessels compared to traditional materials like steel and aluminum |
4.3.2 Limited awareness and technical expertise in FRP vessel manufacturing and maintenance in El Salvador |
5 El Salvador FRP Vessels Market Trends |
6 El Salvador FRP Vessels Market Segmentations |
6.1 El Salvador FRP Vessels Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador FRP Vessels Market Revenues & Volume, By Glass, 2021-2031F |
6.1.3 El Salvador FRP Vessels Market Revenues & Volume, By Carbon, 2021-2031F |
6.2 El Salvador FRP Vessels Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 El Salvador FRP Vessels Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.3 El Salvador FRP Vessels Market Revenues & Volume, By Epoxy, 2021-2031F |
6.2.4 El Salvador FRP Vessels Market Revenues & Volume, By Others, 2021-2031F |
6.3 El Salvador FRP Vessels Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 El Salvador FRP Vessels Market Revenues & Volume, By Water & Wastewater, 2021-2031F |
6.3.3 El Salvador FRP Vessels Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.4 El Salvador FRP Vessels Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 El Salvador FRP Vessels Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.6 El Salvador FRP Vessels Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.7 El Salvador FRP Vessels Market Revenues & Volume, By Others, 2021-2031F |
7 El Salvador FRP Vessels Market Import-Export Trade Statistics |
7.1 El Salvador FRP Vessels Market Export to Major Countries |
7.2 El Salvador FRP Vessels Market Imports from Major Countries |
8 El Salvador FRP Vessels Market Key Performance Indicators |
8.1 Average age of the El Salvador FRP vessels fleet |
8.2 Number of new FRP vessel registrations in El Salvador |
8.3 Percentage of maritime companies in El Salvador using FRP vessels for their operations |
9 El Salvador FRP Vessels Market - Opportunity Assessment |
9.1 El Salvador FRP Vessels Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 El Salvador FRP Vessels Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 El Salvador FRP Vessels Market Opportunity Assessment, By Application, 2021 & 2031F |
10 El Salvador FRP Vessels Market - Competitive Landscape |
10.1 El Salvador FRP Vessels Market Revenue Share, By Companies, 2024 |
10.2 El Salvador FRP Vessels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |