Global GFRP Composites Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global GFRP Composites Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global GFRP Composites market size was valued at USD 32150 million in 2022 and is forecast to a readjusted size of USD 40300 million by 2029 with a CAGR of 3.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global key players of GFRP composites include BASF, Lanxess, DSM and SABIC, the top four players hold a share over 11%. BASF is the largest producer, with a share of 4%. Asia-Pacific is the largest market of GFRP composites, with a share about 50%, followed by North America and Europe, with shares about 29% and 17% separately. In terms of product type, thermosetting plastic products is the largest segment, with a share about 55%. And in terms of application, transport is the largest application, with a share about 32 percent.

Glass fiber reinforced plastic (GFRP) composites refer to composite materials made of resin reinforced with glass fiber. GFRP composites is used for its high mechanical strength, light weight, corrosion and temperature resistant properties, thermal insulation, smooth internal surface, easy to form complex shapes, ease of repair and its cost effectiveness.

This report is a detailed and comprehensive analysis for global GFRP Composites 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 2023, are provided.

Key Features:

Global GFRP Composites market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029

Global GFRP Composites market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029

Global GFRP Composites market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029

Global GFRP Composites market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023

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 GFRP Composites

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 GFRP Composites market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BASF, Lanxess, DSM, SABIC and Avient, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

GFRP Composites market is split by Type and by Application. For the period 2018-2029, 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
Thermosetting Plastic Products
Thermoplastic Plastic Products

Market segment by Application
Transport
Electro & Electronics
Construction
Sport & Leisure
Others

Major players covered
BASF
Lanxess
DSM
SABIC
Avient
DuPont
Solvay
Celanese
RTP
Evonik
Daicel
Kolon
Denka
Kingfa

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 GFRP Composites product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of GFRP Composites, with price, sales, revenue and global market share of GFRP Composites from 2018 to 2023.

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

Chapter 4, the GFRP Composites breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

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 2017 to 2022.and GFRP Composites market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of GFRP Composites.

Chapter 14 and 15, to describe GFRP Composites sales channel, distributors, customers, research findings and conclusion.