Europe Molded Fibreglass Reinforced Plastic (FRP) Grating Market is expected to grow with the CAGR of 5.2% in the forecast period of 2023 to 2030. The years considered for study are as mentioned below.
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Europe molded fibreglass reinforced plastic (FRP) grating market is a consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
Europe molded fibreglass reinforced plastic (FRP) grating market are introducing strong range of product portfolio. This helped companies to maximize sales with enhanced product portfolio.
Exel Composites is the dominating player in this market. Other player includes Fibergrate Composite Structure, TECHNOCOMPOSITES, Fibrolux GmbH, Lionweld Kennedy, Eurograte, and Locker Group Ltd.
For instance,
- In May 2021, Exel Composites launched new antiviral composite Protector solution.The solution consists of an antiviral additive that is mixed with composites during the manufacturing process. This helps in reducing the viral load and provide additional protection that can be used in areas where there are high levels of bacteria accumulation which includes handrails on public transport, and equipment handles in cleaning and maintenance applications
Exel Composites
Excel Composites is headquartered in Finland, Europe as public ownership and was founded in 1960. The company is engaged in manufacturing products used in applications from wind power and transportation to building and infrastructure. it has business segments which are excel composites out of which excel composites is market focused segment. the company have product categories: transportation, buildings, windpower, telecommunication, infrastructutre, defense, machinery and electrical and equipment and other industries. Out of which transportation, buildings, telecommunication and machinery and electrical market focused product.
The company has wide global presence across North America, Europe, and Asia Pacific. The subsidiaries are Exel Composites N.V., Faserprofit GmbH (Europe), Diversifies Structural composites, Inc. (Europe), Exel sports oy (Europe), Faserprofit GmbH, Nordic Sports Products (Beijing) Ltd, Nanjing Jianhui Composite Material co., ltd, Exel USA, Inc., Pacific Composites Pty ltd (Asia-Pacific).
- In October 2021, Exel Composites launched composites to protect the armed forces. Camouflage netting support units are manufactured to withstand heavy loads, to be dismantled quickly and be able to function in extreme environments. This helps in deceiving the enemy and to identify position and intentions in the battlefield
Lionweld Kennedy
Lionweld Kennedy is headquartered in Middleborough, U.K., as private ownership and it was founded in 1910. The company is focused in designing, manufacturing and installing steel and GRP grated flooring. The company have product categories steel and GRP products out of which GRP products is market focused product. The company has wide global presence across Europe.
Locker Group Ltd
Locker Group Ltd. is headquartered in Warrington, United Kingdom, as private ownership and it was founded in 1878. The company is focused into supplying and manufacturing of woven wire mesh and wire cloth products. the company has product categories which are industrial woven wire mesh, architectural meshes, heat shielding, wind shielding, clarifier systems, potter and soar, out of which architectural meshes is market focused product. The company has wide global presence across Europe.
