Global Fibre Reinforced Plastic (FRP) Market Growth 2023-2029

Global Fibre Reinforced Plastic (FRP) Market Growth 2023-2029

Fiber reinforced plastic (FRP), also known as fiber reinforced polymer, is in fact a composite material constituting a polymer matrix blended with certain reinforcing materials, such as fibers. The fibers are generally glass, carbon, aramid and so on.

LPI (LP Information)' newest research report, the “Fibre Reinforced Plastic (FRP) Industry Forecast” looks at past sales and reviews total world Fibre Reinforced Plastic (FRP) sales in 2022, providing a comprehensive analysis by region and market sector of projected Fibre Reinforced Plastic (FRP) sales for 2023 through 2029. With Fibre Reinforced Plastic (FRP) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fibre Reinforced Plastic (FRP) industry.

This Insight Report provides a comprehensive analysis of the global Fibre Reinforced Plastic (FRP) 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 Fibre Reinforced Plastic (FRP) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fibre Reinforced Plastic (FRP) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fibre Reinforced Plastic (FRP) 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 Fibre Reinforced Plastic (FRP).

The global Fibre Reinforced Plastic (FRP) market size is projected to grow from US$ 34880 million in 2022 to US$ 45730 million in 2029; it is expected to grow at a CAGR of 45730 from 2023 to 2029.

North America and China are the major production markets for fiber-reinforced plastics (FRP), each accounting for 30% of the world, followed by Europe with about 25%.

BASF, DuPont, SABIC, Toray, Daicel, DSM, and Lanxess are the major manufacturers, with the top 5 accounting for about 25% of the total market.

This report presents a comprehensive overview, market shares, and growth opportunities of Fibre Reinforced Plastic (FRP) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
PAN-Based
Pitch-Based

Segmentation by application
Automotive
Aerospace
Energy
Construction
Infrastructure
Marine

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 analyzing the company's coverage, product portfolio, its market penetration.
Hexcel
Toray
Cytec
Teijin
TenCate
Mitsubishi rayon
SGL Carbon
TenCate
Dupont

Key Questions Addressed in this Report

What is the 10-year outlook for the global Fibre Reinforced Plastic (FRP) market?

What factors are driving Fibre Reinforced Plastic (FRP) market growth, globally and by region?

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

How do Fibre Reinforced Plastic (FRP) market opportunities vary by end market size?

How does Fibre Reinforced Plastic (FRP) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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