Global FRP Panels Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global FRP Panels Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Fiberglass reinforced panels, or FRP Panels, are thin, flexible plastic panels made of strong polyester resin reinforced with fiber. Fiberglass Reinforced Panels (FRP) are composite materials made of a polymer matrix reinforced with fiberglass. These panels are known for their strength, durability, and versatility, making them suitable for various applications in construction, manufacturing, automotive, marine, and other industries.

The polymer matrix, typically a type of resin such as polyester or epoxy, binds the fiberglass strands together, providing strength and stiffness. The fiberglass reinforcement enhances the material's mechanical properties, such as tensile strength and impact resistance.

According to our (Global Info Research) latest study, the global FRP Panels market size was valued at US$ 3724 million in 2023 and is forecast to a readjusted size of USD 4875 million by 2030 with a CAGR of 4.1% during review period.

Key global manufacturers of FRP Panels include Verzatec, Crane Composites and Lamilux Heinrich Strunz. The top three companies hold about 19 percent of the market. Asia Pacific and North America are the world's largest markets for FRP Panels, each with a market share of about 31%, followed by Europe with a market share of 28%. In terms of product type, GFRP Composites is the largest segment with approximately 96% market share. In terms of application, Construction is the largest downstream segment, accounting for about 55% of the market.

This report is a detailed and comprehensive analysis for global FRP Panels market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global FRP Panels market size and forecasts, in consumption value ($ Million), sales quantity (M Sqm), and average selling prices (US$/Sqm), 2019-2030

Global FRP Panels market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Sqm), and average selling prices (US$/Sqm), 2019-2030

Global FRP Panels market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Sqm), and average selling prices (US$/Sqm), 2019-2030

Global FRP Panels market shares of main players, shipments in revenue ($ Million), sales quantity (M Sqm), and ASP (US$/Sqm), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for FRP Panels

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global FRP Panels market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Verzatec, Crane Composites, Lamilux Heinrich Strunz, Brianza Plastica, Fibrosan, Hill & Smith, Strongwell, Optiplan, POLSER Composite Materials, Domer Industrial, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

FRP Panels market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
GFRP Composites
Others (including CFRP composites, AFRP composites, etc.)

Market segment by Application
Construction
Transportation
Others

Major players covered
Verzatec
Crane Composites
Lamilux Heinrich Strunz
Brianza Plastica
Fibrosan
Hill & Smith
Strongwell
Optiplan
POLSER Composite Materials
Domer Industrial
Panolam Industries International
Dongguan Hegao Industry

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe FRP Panels product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of FRP Panels, with price, sales quantity, revenue, and global market share of FRP Panels from 2019 to 2024.

Chapter 3, the FRP Panels competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the FRP Panels breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and FRP Panels market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of FRP Panels.

Chapter 14 and 15, to describe FRP Panels sales channel, distributors, customers, research findings and conclusion.