Global Glass Fiber Reinforced Plastic (GFRP) Composite Material Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Glass Fiber Reinforced Plastic (GFRP) Composite Material Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Glass Fiber Reinforced Plastic (GFRP) Composite Material market size was valued at US$ 34180 million in 2023 and is forecast to a readjusted size of USD 43930 million by 2030 with a CAGR of 3.7% during review period.

Global key players of glass fiber reinforced plastic (GFRP) composite material include BASF, Lanxess, DSM, etc. The top three players hold a share about 10%. China is the largest producer, has a share about 42%, followed by North America and Europe, with share 23% and 15%, respectively. The largest market is Asia-Pacific, with a share about 50%, followed by North America and Europe, with share 21% and 17%, separately.

This report is a detailed and comprehensive analysis for global Glass Fiber Reinforced Plastic (GFRP) Composite Material 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 Glass Fiber Reinforced Plastic (GFRP) Composite Material market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Glass Fiber Reinforced Plastic (GFRP) Composite Material market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Glass Fiber Reinforced Plastic (GFRP) Composite Material market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Glass Fiber Reinforced Plastic (GFRP) Composite Material market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 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 Glass Fiber Reinforced Plastic (GFRP) Composite Material

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 Glass Fiber Reinforced Plastic (GFRP) Composite Material 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 Owens Corning, Jushi Group, Nippon Electric Glass, CPIC, Taishan Fiberglass (Sinoma), Advanced Glassfiber Yarns, Binani-3B, Johns Mansville, Nittobo, Saint-Gobain Vetrotex, etc.

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

Market Segmentation

Glass Fiber Reinforced Plastic (GFRP) Composite Material 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
Thermosetting Plastic Products
Thermoplastic Plastic Products

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

Major players covered
Owens Corning
Jushi Group
Nippon Electric Glass
CPIC
Taishan Fiberglass (Sinoma)
Advanced Glassfiber Yarns
Binani-3B
Johns Mansville
Nittobo
Saint-Gobain Vetrotex
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 Glass Fiber Reinforced Plastic (GFRP) Composite Material product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Glass Fiber Reinforced Plastic (GFRP) Composite Material, with price, sales quantity, revenue, and global market share of Glass Fiber Reinforced Plastic (GFRP) Composite Material from 2019 to 2024.

Chapter 3, the Glass Fiber Reinforced Plastic (GFRP) Composite Material competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Glass Fiber Reinforced Plastic (GFRP) Composite Material 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 Glass Fiber Reinforced Plastic (GFRP) Composite Material 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 Glass Fiber Reinforced Plastic (GFRP) Composite Material.

Chapter 14 and 15, to describe Glass Fiber Reinforced Plastic (GFRP) Composite Material sales channel, distributors, customers, research findings and conclusion.