Global GFRP Composites Supply, Demand and Key Producers, 2023-2029

Global GFRP Composites Supply, Demand and Key Producers, 2023-2029

The global GFRP Composites market size is expected to reach $ 40300 million by 2029, rising at a market growth of 3.3% CAGR during the forecast period (2023-2029).

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 studies the global GFRP Composites production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for GFRP Composites, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of GFRP Composites that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global GFRP Composites total production and demand, 2018-2029, (K MT)

Global GFRP Composites total production value, 2018-2029, (USD Million)

Global GFRP Composites production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

Global GFRP Composites consumption by region & country, CAGR, 2018-2029 & (K MT)

U.S. VS China: GFRP Composites domestic production, consumption, key domestic manufacturers and share

Global GFRP Composites production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K MT)

Global GFRP Composites production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

Global GFRP Composites production by Application production, value, CAGR, 2018-2029, (USD Million) & (K MT)

This reports 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, Avient, DuPont, Solvay, Celanese and RTP, etc.

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

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World GFRP Composites market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global GFRP Composites Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global GFRP Composites Market, Segmentation by Type
Thermosetting Plastic Products
Thermoplastic Plastic Products

Global GFRP Composites Market, Segmentation by Application
Transport
Electro & Electronics
Construction
Sport & Leisure
Others

Companies Profiled:
BASF
Lanxess
DSM
SABIC
Avient
DuPont
Solvay
Celanese
RTP
Evonik
Daicel
Kolon
Denka
Kingfa

Key Questions Answered

1. How big is the global GFRP Composites market?

2. What is the demand of the global GFRP Composites market?

3. What is the year over year growth of the global GFRP Composites market?

4. What is the production and production value of the global GFRP Composites market?

5. Who are the key producers in the global GFRP Composites market?

6. What are the growth factors driving the market demand?