Global Glass Fiber Reinforced Plastic (GFRP) Composite Material Market Growth 2023-2029
Glass fiber & 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.
LPI (LP Information)' newest research report, the “Glass Fiber Reinforced Plastic (GFRP) Composite Material Industry Forecast” looks at past sales and reviews total world Glass Fiber Reinforced Plastic (GFRP) Composite Material sales in 2022, providing a comprehensive analysis by region and market sector of projected Glass Fiber Reinforced Plastic (GFRP) Composite Material sales for 2023 through 2029. With Glass Fiber Reinforced Plastic (GFRP) Composite Material sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glass Fiber Reinforced Plastic (GFRP) Composite Material industry.
This Insight Report provides a comprehensive analysis of the global Glass Fiber Reinforced Plastic (GFRP) Composite Material 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 Glass Fiber Reinforced Plastic (GFRP) Composite Material portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Glass Fiber Reinforced Plastic (GFRP) Composite Material market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glass Fiber Reinforced Plastic (GFRP) Composite Material 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 Glass Fiber Reinforced Plastic (GFRP) Composite Material.
The global Glass Fiber Reinforced Plastic (GFRP) Composite Material market size is projected to grow from US$ 26980 million in 2022 to US$ 36870 million in 2029; it is expected to grow at a CAGR of 36870 from 2023 to 2029.
Globally, the main manufacturers of glass fiber reinforced plastic (GFRP) composite material include BASF, Lanxess and DSM, etc. China is the largest market, holds a share over 33%.
This report presents a comprehensive overview, market shares, and growth opportunities of Glass Fiber Reinforced Plastic (GFRP) Composite Material market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Thermosetting Plastic Products
Thermoplastic Plastic Products
Segmentation by application
Transport
Electro & Electronics
Construction
Sport & Leisure
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 analyzing the company's coverage, product portfolio, its market penetration.
BASF
Lanxess
DSM
SABIC
Avient
DuPont
Solvay
Hexion
Celanese
RTP
Sumitomo Bakelite
Evonik
Daicel
Kolon
Denka
Kingfa
PolyOne
Key Questions Addressed in this Report
What is the 10-year outlook for the global Glass Fiber Reinforced Plastic (GFRP) Composite Material market?
What factors are driving Glass Fiber Reinforced Plastic (GFRP) Composite Material market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Glass Fiber Reinforced Plastic (GFRP) Composite Material market opportunities vary by end market size?
How does Glass Fiber Reinforced Plastic (GFRP) Composite Material 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.
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