GF and GFRP Composites Market Size, Trends, Analysis, and Outlook By Type (General-Purpose Glass Fibers, Special-Purpose Glass Fibers), By Application (Transportation, Electronics, Construction, Sports, Others), by Country, Segment, and Companies, 2024-20

GF and GFRP Composites Market Size, Trends, Analysis, and Outlook By Type (General-Purpose Glass Fibers, Special-Purpose Glass Fibers), By Application (Transportation, Electronics, Construction, Sports, Others), by Country, Segment, and Companies, 2024-2030


The global GF and GFRP Composites market size is poised to register a 3.7% growth from $34.5 Billion in 2024 to 42.9 Billion in 2030, presenting significant growth prospects for companies operating in the industry. The GF and GFRP Composites market study analyzes the study across By Type (General-Purpose Glass Fibers, Special-Purpose Glass Fibers), By Application (Transportation, Electronics, Construction, Sports, Others).

The GF (Glass Fiber) and GFRP (Glass Fiber Reinforced Polymer) Composites market is expected to grow significantly in 2024, driven by their increasing use in automotive, aerospace, construction, and renewable energy industries. These composites offer high strength-to-weight ratios, corrosion resistance, and design flexibility, making them ideal for various high-performance applications. Advances in composite manufacturing technologies and the rising demand for lightweight and durable materials are key factors driving market growth. The increasing focus on fuel efficiency and sustainable materials is further boosting the market.

GF and GFRP Composites Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study delves into the latest trends and pressing challenges for industry players and investors. The GF and GFRP Composites market research analyzes global market trends, key drivers, challenges, and opportunities. The "Future of GF and GFRP Composites" survey report provides a market size outlook across types, applications, and other segments worldwide and by region. It offers data-driven insights and actionable recommendations for companies in the GF and GFRP Composites industry.

Key market trends defining the global GF and GFRP Composites demand in 2024 and Beyond

The industry remains an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play major roles.

GF and GFRP Composites Market Segmentation- Industry Share, Market Size, and Outlook to 2030

The GF and GFRP Composites industry comprises a wide range of segments and sub-segments. Rising demand for these product types and applications supports increased investments in niche segments. Leading companies plan to generate a large share of their future revenue growth from expanding into these niche segments. The report presents a market size outlook across segments, supporting GF and GFRP Composites companies scaling up production in these sub-segments with a focus on emerging countries.

Key strategies adopted by companies within the GF and GFRP Composites industry

Leading GF and GFRP Composites companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Additionally, companies leverage advanced technologies to unlock opportunities and achieve operational excellence. The report details the key strategies adopted by the top 10 GF and GFRP Composites companies.

GF and GFRP Composites Market Study- Strategic Analysis Review

The GF and GFRP Composites market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions. This includes:
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
GF and GFRP Composites Market Size Outlook- Historic and Forecast Revenue in Three Cases

The GF and GFRP Composites industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three scenarios: low case, reference case, and high case.

GF and GFRP Composites Country Analysis and Revenue Outlook to 2030

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2030. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2030.

North America GF and GFRP Composites Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various GF and GFRP Composites market segments. Similarly, strong market demand encourages Canadian GF and GFRP Composites companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe GF and GFRP Composites Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European GF and GFRP Composites industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European GF and GFRP Composites market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific GF and GFRP Composites Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust consumption expenditure, and increasing investments in infrastructure drive the demand for GF and GFRP Composites in Asia Pacific. In particular, China, India, and South East Asian GF and GFRP Composites markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America GF and GFRP Composites Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa GF and GFRP Composites Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East GF and GFRP Composites market potential. Fueled by increasing consumption expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for GF and GFRP Composites.

GF and GFRP Composites Market Company Profiles

The global GF and GFRP Composites market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Asahi Kasei Corp, BASF SE, Braj Binani Group, China Beihai Fiberglass Co. Ltd, China Jushi Co. Ltd, Chongqing Polycomp International Corp, Compagnie de Saint-Gobain SA, Nippon Electric Glass Co. Ltd, Owens Corning, Sinoma Science & Technology Co. Ltd.

Recent GF and GFRP Composites Market Developments

The global GF and GFRP Composites market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

GF and GFRP Composites Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:
By Type
General-Purpose Glass Fibers

Special-Purpose Glass Fibers
By Application
Transportation

Electronics

Construction

Sports

Others

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Asahi Kasei Corp

BASF SE

Braj Binani Group

China Beihai Fiberglass Co. Ltd

China Jushi Co. Ltd

Chongqing Polycomp International Corp

Compagnie de Saint-Gobain SA

Nippon Electric Glass Co. Ltd

Owens Corning

Sinoma Science & Technology Co. Ltd

Formats Available: Excel, PDF, and PPT


1. Executive Summary
1.1 GF and GFRP Composites Market Overview and Key Findings, 2024
1.2 GF and GFRP Composites Market Size and Growth Outlook, 2021- 2030
1.3 GF and GFRP Composites Market Growth Opportunities to 2030
1.4 Key GF and GFRP Composites Market Trends and Challenges
1.4.1 GF and GFRP Composites Market Drivers and Trends
1.4.2 GF and GFRP Composites Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading GF and GFRP Composites Companies
2. GF and GFRP Composites Market Size Outlook to 2030
2.1 GF and GFRP Composites Market Size Outlook, USD Million, 2021- 2030
2.2 GF and GFRP Composites Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024
3. GF and GFRP Composites Market- Strategic Analysis Review
3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis
4. GF and GFRP Composites Market Segmentation Analysis and Outlook
4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
By Type
General-Purpose Glass Fibers
Special-Purpose Glass Fibers
By Application
Transportation
Electronics
Construction
Sports
Others
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030
5. Region-wise Market Outlook to 2030
5.1 Key Findings for Asia Pacific GF and GFRP Composites Market, 2025
5.2 Asia Pacific GF and GFRP Composites Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific GF and GFRP Composites Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe GF and GFRP Composites Market, 2025
5.5 Europe GF and GFRP Composites Market Size Outlook by Type, 2021- 2030
5.6 Europe GF and GFRP Composites Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America GF and GFRP Composites Market, 2025
5.8 North America GF and GFRP Composites Market Size Outlook by Type, 2021- 2030
5.9 North America GF and GFRP Composites Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America GF and GFRP Composites Market, 2025
5.11 South America Pacific GF and GFRP Composites Market Size Outlook by Type, 2021- 2030
5.12 South America GF and GFRP Composites Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa GF and GFRP Composites Market, 2025
5.14 Middle East Africa GF and GFRP Composites Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa GF and GFRP Composites Market Size Outlook by Application, 2021- 2030
6. Country-wise Market Size Outlook to 2030
6.1 US GF and GFRP Composites Market Size Outlook and Revenue Growth Forecasts
6.2 US GF and GFRP Composites Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada GF and GFRP Composites Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico GF and GFRP Composites Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany GF and GFRP Composites Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France GF and GFRP Composites Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK GF and GFRP Composites Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain GF and GFRP Composites Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy GF and GFRP Composites Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe GF and GFRP Composites Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China GF and GFRP Composites Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India GF and GFRP Composites Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan GF and GFRP Composites Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea GF and GFRP Composites Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia GF and GFRP Composites Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia GF and GFRP Composites Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific GF and GFRP Composites Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil GF and GFRP Composites Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina GF and GFRP Composites Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America GF and GFRP Composites Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East GF and GFRP Composites Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa GF and GFRP Composites Industry Drivers and Opportunities
7. GF and GFRP Composites Market Outlook across Scenarios
7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case
8. GF and GFRP Composites Company Profiles
8.1 Profiles of Leading GF and GFRP Composites Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
Asahi Kasei Corp
BASF SE
Braj Binani Group
China Beihai Fiberglass Co. Ltd
China Jushi Co. Ltd
Chongqing Polycomp International Corp
Compagnie de Saint-Gobain SA
Nippon Electric Glass Co. Ltd
Owens Corning
Sinoma Science & Technology Co. Ltd
9. Appendix
9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information

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