Global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite Market Growth 2025-2031
The global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market size is predicted to grow from US$ 6764 million in 2025 to US$ 12940 million in 2031; it is expected to grow at a CAGR of 11.4% from 2025 to 2031.
Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composites refer to composite materials made of resin reinforced with glass fiber. GFRTP composites has the advantages of high mechanical strength, light weight, easy formation of complex shapes, good processability, recyclability and other advantages.
Global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite key players include BASF, DSM, Lanxess, SABIC, PolyOne, etc. Global top five manufacturers hold a share over 40%.
Asia Pacific is the largest market, with a share about 40%, followed by Europe, and North America, both have a share about 50 percent.
In terms of product, Roving Glass Fibers is the largest segment, with a share over 60%. And in terms of application, the largest application is Transport, followed by Electro and Electronics, Construction, Sport and Leisure, etc.
LP Information, Inc. (LPI) ' newest research report, the “Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite Industry Forecast” looks at past sales and reviews total world Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite sales in 2024, providing a comprehensive analysis by region and market sector of projected Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite sales for 2025 through 2031. With Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite 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 Thermo-Plastic (GFRTP) Composite industry.
This Insight Report provides a comprehensive analysis of the global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite 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 Thermo-Plastic (GFRTP) Composite 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 Thermo-Plastic (GFRTP) Composite market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite 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 Thermo-Plastic (GFRTP) Composite.
This report presents a comprehensive overview, market shares, and growth opportunities of Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Roving Glass Fibers
Chopped Glass Fibers
Yarn Glass Fibers
Others
Segmentation by Application:
Transport
Electro and Electronics
Construction
Sport and 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 analysing the company's coverage, product portfolio, its market penetration.
BASF
Lanxess
DSM
SABIC
PolyOne
DuPont
Solvay
Hexion
Celanese
RTP
SI Group
Sumitomo Bakelite
Evonik
Daicel
Kolon
Denka
Mitsui Chemical
Prime Polymer
Japan Polypropylene Corporation
Quadrant Group
Xiamen LFT Composite Plastic
Key Questions Addressed in this Report
What is the 10-year outlook for the global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market?
What factors are driving Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market opportunities vary by end market size?
How does Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.