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Rising Usage in Industrial Infrastructure Applications
FRP composites produced using unsaturated polyester resins are widely employed in construction applications such as for building rooftops, drainpipes, water tanks, bridge decking and highway sound barriers due to their durability versus weathering and corrosion. Their light weight and strength attributes also make them fit for manufacturing various processing and storage equipment utilized across industries like oil & gas, chemicals, food & beverages and mining. Rising infrastructure development initiatives especially across emerging economies in Asia Pacific, Latin America, Middle East and Africa can drive the market growth. Growing industrialization and rapid urbanization can boost demand for constructing modern factories, plants, warehouses and other commercial establishments.
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