Global Glass Fiber Reinforced Plastics Composite Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Glass Fiber Reinforced Plastics Composite Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Glass Fiber Reinforced Plastics Composite market size was valued at USD 32140 million in 2023 and is forecast to a readjusted size of USD 40220 million by 2030 with a CAGR of 3.3% during review period.

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.

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.

GFRP composites have a higher strength-to-weight ratio, which is an important factor in automobile manufacturing. Vehicles with low-weight materials and high strength have better mileage and reduce the fuel cost. The typical applications of GFRP composites in the transportation industry include doors, roof panels, windows, headrest back panels, seats, luggage bins, and cooling ventilators. These factors are fueling the growth of the GFRP composites market in the transportation industry and encouraging the invention of new GFRP composites applications.Especially under the increasingly strict global emission regulations.

The Global Info Research report includes an overview of the development of the Glass Fiber Reinforced Plastics Composite industry chain, the market status of Transportation (Thermoplastic Plastic, Thermosetting Plastic), Construction (Thermoplastic Plastic, Thermosetting Plastic), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Glass Fiber Reinforced Plastics Composite.

Regionally, the report analyzes the Glass Fiber Reinforced Plastics Composite markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Glass Fiber Reinforced Plastics Composite market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Glass Fiber Reinforced Plastics Composite market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Glass Fiber Reinforced Plastics Composite industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Tons), revenue generated, and market share of different by Type (e.g., Thermoplastic Plastic, Thermosetting Plastic).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Glass Fiber Reinforced Plastics Composite market.

Regional Analysis: The report involves examining the Glass Fiber Reinforced Plastics Composite market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Glass Fiber Reinforced Plastics Composite market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Glass Fiber Reinforced Plastics Composite:

Company Analysis: Report covers individual Glass Fiber Reinforced Plastics Composite manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Glass Fiber Reinforced Plastics Composite This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Transportation, Construction).

Technology Analysis: Report covers specific technologies relevant to Glass Fiber Reinforced Plastics Composite. It assesses the current state, advancements, and potential future developments in Glass Fiber Reinforced Plastics Composite areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Glass Fiber Reinforced Plastics Composite market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Glass Fiber Reinforced Plastics Composite 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.

Market segment by Type
Thermoplastic Plastic
Thermosetting Plastic

Market segment by Application
Transportation
Construction
Electricals & Electronics
Sport & Leisure
Others

Major players covered
BASF
Lanxess
DSM
SABIC
Avient
DuPont
Solvay
Hexion
Celanese
RTP
Sumitomo Bakelite
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 Plastics Composite product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Glass Fiber Reinforced Plastics Composite, with price, sales, revenue and global market share of Glass Fiber Reinforced Plastics Composite from 2019 to 2024.

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

Chapter 4, the Glass Fiber Reinforced Plastics Composite 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 application, with sales market share and growth rate by type, 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 2017 to 2023.and Glass Fiber Reinforced Plastics Composite market forecast, by regions, type and 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 Plastics Composite.

Chapter 14 and 15, to describe Glass Fiber Reinforced Plastics Composite sales channel, distributors, customers, research findings and conclusion.