| Product Code: ETC5708041 | Publication Date: Nov 2023 | Updated Date: Dec 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 to Seychelles in 2024 saw a significant increase in concentration, with the top exporting countries being Taiwan, United Arab Emirates, China, Italy, and South Africa. The high Herfindahl-Hirschman Index (HHI) in 2024 indicates a consolidated market structure. The impressive Compound Annual Growth Rate (CAGR) of 65.02% from 2020 to 2024 showcases a rapidly expanding market. Moreover, the remarkable growth rate of 429.69% from 2023 to 2024 highlights the surge in demand for FRP vessels in Seychelles. This data suggests a thriving market 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 Seychelles FRP Vessels Market Overview |
3.1 Seychelles Country Macro Economic Indicators |
3.2 Seychelles FRP Vessels Market Revenues & Volume, 2021 & 2031F |
3.3 Seychelles FRP Vessels Market - Industry Life Cycle |
3.4 Seychelles FRP Vessels Market - Porter's Five Forces |
3.5 Seychelles FRP Vessels Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Seychelles FRP Vessels Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Seychelles FRP Vessels Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Seychelles FRP Vessels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable vessels in Seychelles |
4.2.2 Growing focus on sustainable and eco-friendly marine transportation solutions |
4.2.3 Government initiatives promoting the use of FRP vessels for tourism and fishing industries |
4.3 Market Restraints |
4.3.1 High initial cost of FRP vessels compared to traditional alternatives |
4.3.2 Limited availability of skilled labor for manufacturing and maintenance of FRP vessels in Seychelles |
5 Seychelles FRP Vessels Market Trends |
6 Seychelles FRP Vessels Market Segmentations |
6.1 Seychelles FRP Vessels Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Seychelles FRP Vessels Market Revenues & Volume, By Glass, 2021-2031F |
6.1.3 Seychelles FRP Vessels Market Revenues & Volume, By Carbon, 2021-2031F |
6.2 Seychelles FRP Vessels Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Seychelles FRP Vessels Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.3 Seychelles FRP Vessels Market Revenues & Volume, By Epoxy, 2021-2031F |
6.2.4 Seychelles FRP Vessels Market Revenues & Volume, By Others, 2021-2031F |
6.3 Seychelles FRP Vessels Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Seychelles FRP Vessels Market Revenues & Volume, By Water & Wastewater, 2021-2031F |
6.3.3 Seychelles FRP Vessels Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.4 Seychelles FRP Vessels Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 Seychelles FRP Vessels Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.6 Seychelles FRP Vessels Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.7 Seychelles FRP Vessels Market Revenues & Volume, By Others, 2021-2031F |
7 Seychelles FRP Vessels Market Import-Export Trade Statistics |
7.1 Seychelles FRP Vessels Market Export to Major Countries |
7.2 Seychelles FRP Vessels Market Imports from Major Countries |
8 Seychelles FRP Vessels Market Key Performance Indicators |
8.1 Average age of FRP vessels in Seychelles fleet |
8.2 Number of new FRP vessel registrations in Seychelles per year |
8.3 Percentage of Seychelles marine transportation companies using FRP vessels for their operations |
9 Seychelles FRP Vessels Market - Opportunity Assessment |
9.1 Seychelles FRP Vessels Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Seychelles FRP Vessels Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Seychelles FRP Vessels Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Seychelles FRP Vessels Market - Competitive Landscape |
10.1 Seychelles FRP Vessels Market Revenue Share, By Companies, 2024 |
10.2 Seychelles FRP Vessels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |