| Product Code: ETC5714946 | 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 Republic of Macedonia continues to experience a steady growth in FRP tank imports, with top exporting countries in 2024 including Germany, Austria, China, Italy, and Slovakia. Despite the diverse sources, market concentration, as measured by the HHI, remained low in 2024. The impressive compound annual growth rate (CAGR) of 11.79% from 2020 to 2024 indicates a strong upward trajectory in demand for FRP tanks. Furthermore, the notable growth rate of 65.95% from 2023 to 2024 underscores the increasing importance of these imports in North Macedonia`s market.

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 Republic of Macedonia FRP Tank Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia FRP Tank Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia FRP Tank Market - Industry Life Cycle |
3.4 Republic of Macedonia FRP Tank Market - Porter's Five Forces |
3.5 Republic of Macedonia FRP Tank Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Republic of Macedonia FRP Tank Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Republic of Macedonia FRP Tank Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Republic of Macedonia FRP Tank Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and corrosion-resistant storage solutions |
4.2.2 Growth in industrial activities and infrastructure development in the Republic of Macedonia |
4.2.3 Government initiatives promoting the use of FRP tanks in various sectors |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with FRP tanks |
4.3.2 Limited awareness and adoption of FRP tanks compared to traditional alternatives like steel tanks |
5 Republic of Macedonia FRP Tank Market Trends |
6 Republic of Macedonia FRP Tank Market Segmentations |
6.1 Republic of Macedonia FRP Tank Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia FRP Tank Market Revenues & Volume, By Polyester & Epoxy, 2021-2031F |
6.2 Republic of Macedonia FRP Tank Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia FRP Tank Market Revenues & Volume, By Carbon , 2021-2031F |
6.2.3 Republic of Macedonia FRP Tank Market Revenues & Volume, By Glass, 2021-2031F |
6.3 Republic of Macedonia FRP Tank Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia FRP Tank Market Revenues & Volume, By Water & Waste Water Treatment, 2021-2031F |
6.3.3 Republic of Macedonia FRP Tank Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.4 Republic of Macedonia FRP Tank Market Revenues & Volume, By Oil , 2021-2031F |
6.3.5 Republic of Macedonia FRP Tank Market Revenues & Volume, By Gas, 2021-2031F |
6.3.6 Republic of Macedonia FRP Tank Market Revenues & Volume, By Pulp & Paper, 2021-2031F |
6.3.7 Republic of Macedonia FRP Tank Market Revenues & Volume, By Power, 2021-2031F |
7 Republic of Macedonia FRP Tank Market Import-Export Trade Statistics |
7.1 Republic of Macedonia FRP Tank Market Export to Major Countries |
7.2 Republic of Macedonia FRP Tank Market Imports from Major Countries |
8 Republic of Macedonia FRP Tank Market Key Performance Indicators |
8.1 Percentage increase in government contracts or projects utilizing FRP tanks |
8.2 Number of new entrants or manufacturers entering the FRP tank market in the Republic of Macedonia |
8.3 Growth in the number of industrial applications using FRP tanks |
8.5 Improvement in the technology and innovation of FRP tanks in terms of durability and customization |
9 Republic of Macedonia FRP Tank Market - Opportunity Assessment |
9.1 Republic of Macedonia FRP Tank Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Republic of Macedonia FRP Tank Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Republic of Macedonia FRP Tank Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Republic of Macedonia FRP Tank Market - Competitive Landscape |
10.1 Republic of Macedonia FRP Tank Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia FRP Tank Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |