Glass Fiber Reinforced Plastic (Gfrp) Market 2024-2028
The glass fiber reinforced plastic (Gfrp) market is forecasted to grow by USD 5787.1 mn during 2023-2028, accelerating at a CAGR of 3.3% during the forecast period. The report on the glass fiber reinforced plastic (Gfrp) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased use of glass fiber reinforced plastic (GFRP) in construction industry, increasing adoption of glass fiber reinforced plastic (GFRP) composites in transportation industry, and increasing number of wind energy capacity installations.
Technavio's glass fiber reinforced plastic (Gfrp) market is segmented as below:
- By Application
- Construction
- Transportation
- Electrical and electronics
- Sports and leisure goods
- Others
- By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the development of bio-based transparent plastics as one of the prime reasons driving the glass fiber reinforced plastic (Gfrp) market growth during the next few years. Also, increasing number of skyscrapers and rise in construction of green buildings will lead to sizable demand in the market.
The report on the glass fiber reinforced plastic (Gfrp) market covers the following areas:
- Glass Fiber Reinforced Plastic (Gfrp) Market sizing
- Glass Fiber Reinforced Plastic (Gfrp) Market forecast
- Glass Fiber Reinforced Plastic (Gfrp) Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading glass fiber reinforced plastic (Gfrp) market vendors that include AGY Holding Corp., BGF Industries, Celanese Corp., China Beihai Fiberglass Co. Ltd., China Jushi Co. Ltd., Compagnie Chomarat, Compagnie de Saint-Gobain S.A., Evonik Industries AG, Johns Manville Corp, Nippon Electric Glass Co. Ltd., Nitto Boseki Co. Ltd., Owens Corning, PPG Industries Inc., SAERTEX GmbH and Co.KG, Sichuan Weibo New Material Group Co. Ltd., Sinoma Science and Technology Co. Ltd., Taiwan Glass Ind. Corp., Yoshino Gypsum Co. Ltd., and Yunnan Phosphate Haikou Co. Ltd.. Also, the glass fiber reinforced plastic (Gfrp) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.