Global FRP Panels Market Growth 2025-2031

The global FRP Panels market size is predicted to grow from US$ 3644 million in 2025 to US$ 4704 million in 2031; it is expected to grow at a CAGR of 4.3% from 2025 to 2031.

Fiberglass reinforced panels, or FRP Panels, are thin, flexible plastic panels made of strong polyester resin reinforced with fiber. Fiberglass Reinforced Panels (FRP) are composite materials made of a polymer matrix reinforced with fiberglass. These panels are known for their strength, durability, and versatility, making them suitable for various applications in construction, manufacturing, automotive, marine, and other industries.

The polymer matrix, typically a type of resin such as polyester or epoxy, binds the fiberglass strands together, providing strength and stiffness. The fiberglass reinforcement enhances the material's mechanical properties, such as tensile strength and impact resistance.

Key global manufacturers of FRP Panels include Verzatec, Crane Composites and Lamilux Heinrich Strunz. The top three companies hold about 19 percent of the market. Asia Pacific and North America are the world's largest markets for FRP Panels, each with a market share of about 31%, followed by Europe with a market share of 28%. In terms of product type, GFRP Composites is the largest segment with approximately 96% market share. In terms of application, Construction is the largest downstream segment, accounting for about 55% of the market.

LP Information, Inc. (LPI) ' newest research report, the “FRP Panels Industry Forecast” looks at past sales and reviews total world FRP Panels sales in 2024, providing a comprehensive analysis by region and market sector of projected FRP Panels sales for 2025 through 2031. With FRP Panels sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world FRP Panels industry.

This Insight Report provides a comprehensive analysis of the global FRP Panels landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on FRP Panels portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global FRP Panels market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for FRP Panels and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global FRP Panels.

This report presents a comprehensive overview, market shares, and growth opportunities of FRP Panels market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
GFRP Composites
Others (including CFRP composites, AFRP composites, etc.)

Segmentation by Application:
Construction
Transportation
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Verzatec
Crane Composites
Lamilux Heinrich Strunz
Brianza Plastica
Fibrosan
Hill & Smith
Strongwell
Optiplan
POLSER Composite Materials
Domer Industrial
Panolam Industries International
Dongguan Hegao Industry

Key Questions Addressed in this Report

What is the 10-year outlook for the global FRP Panels market?

What factors are driving FRP Panels market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do FRP Panels market opportunities vary by end market size?

How does FRP Panels break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.