Glass Fiber Reinforced Plastic (GFRP) Market Size, Share, and Outlook, 2025 Report- By Resin (Polyester resin, Vinyl ester resin, Epoxy resin, Polyurethane resin, Others), By Process (Manual process, Continuous process, Compression molding, Injection mold

Glass Fiber Reinforced Plastic (GFRP) Market Outlook

Glass Fiber Reinforced Plastic (GFRP) Market Size is forecast to reach $102.3 Billion in 2032 from $63.8 Billion in 2025, at an optimistic growth rate of 6.9% from 2025 to 2032. The robust Glass Fiber Reinforced Plastic (GFRP) Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Glass Fiber Reinforced Plastic (GFRP) Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Resin (Polyester resin, Vinyl ester resin, Epoxy resin, Polyurethane resin, Others), By Process (Manual process, Continuous process, Compression molding, Injection molding), By End-User (Aerospace, Construction, Wind energy, Automotive, Electronics, Others). Over 70 tables and charts showcase findings from our latest survey report on Glass Fiber Reinforced Plastic (GFRP) Markets.

Glass Fiber Reinforced Plastic (GFRP) Market Insights, 2025: Glass Fiber Reinforced Plastic (GFRP): Key Drivers and Opportunities

The GFRP market is expanding due to its increasing use in automotive, aerospace, construction, and marine industries. A primary driver is the growing emphasis on lightweight materials to improve fuel efficiency and reduce emissions. In the automotive sector, regulatory requirements for lower CO₂ emissions are prompting automakers to integrate GFRP components into vehicle designs. The construction industry is also a major contributor to GFRP demand, as these materials are used for bridge decks, rebars, and structural components due to their corrosion resistance and long lifespan. Additionally, the rapid expansion of wind energy projects is driving demand for high-performance GFRP composites for wind turbine blades.

Opportunities in this market are increasing with advancements in fiber reinforcement technologies and hybrid composites. Companies like Johns Manville and AOC Resins are developing high-strength, impact-resistant GFRP materials tailored for specialized applications. The rise of thermoplastic composites, which offer recyclability and improved durability, is another promising avenue for market growth. Furthermore, the adoption of automated manufacturing techniques such as robotic fiber placement and 3D printing of GFRP components is enhancing production efficiency and cost-effectiveness.

Five Trends that will define global Glass Fiber Reinforced Plastic (GFRP) Market in 2025 and Beyond

A closer look at the multi-million global market for Glass Fiber Reinforced Plastic (GFRP) Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Glass Fiber Reinforced Plastic (GFRP) Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Glass Fiber Reinforced Plastic (GFRP) Industry?

The Glass Fiber Reinforced Plastic (GFRP) Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Glass Fiber Reinforced Plastic (GFRP) Market Segment Insights

The Glass Fiber Reinforced Plastic (GFRP) Industry presents strong offers across categories. The analytical report offers forecasts of Glass Fiber Reinforced Plastic (GFRP) Industry performance across segments and countries. Key segments in the industry include- By Resin (Polyester resin, Vinyl ester resin, Epoxy resin, Polyurethane resin, Others), By Process (Manual process, Continuous process, Compression molding, Injection molding), By End-User (Aerospace, Construction, Wind energy, Automotive, Electronics, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Glass Fiber Reinforced Plastic (GFRP) Market size outlook is provided for 22 countries across these regions.

Glass Fiber Reinforced Plastic (GFRP) Industry Value Chain

The chapter identifies potential companies and their operations across the global Glass Fiber Reinforced Plastic (GFRP) Industry ecosystem. It assists decision-makers in evaluating global Glass Fiber Reinforced Plastic (GFRP) Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Glass Fiber Reinforced Plastic (GFRP) Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Glass Fiber Reinforced Plastic (GFRP) Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Glass Fiber Reinforced Plastic (GFRP) Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Glass Fiber Reinforced Plastic (GFRP) Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Glass Fiber Reinforced Plastic (GFRP) Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Glass Fiber Reinforced Plastic (GFRP) Market Insights- Executives are most excited about opportunities for the US Glass Fiber Reinforced Plastic (GFRP) Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Glass Fiber Reinforced Plastic (GFRP) Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Glass Fiber Reinforced Plastic (GFRP) Market.

Latin American Glass Fiber Reinforced Plastic (GFRP) Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Glass Fiber Reinforced Plastic (GFRP) Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Glass Fiber Reinforced Plastic (GFRP) Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Glass Fiber Reinforced Plastic (GFRP) Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Glass Fiber Reinforced Plastic (GFRP) Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include AGY Holding Corp, China Jushi Co. Ltd, Compagnie de Saint-Gobain SA, Nippon Electric Glass Co. Ltd, Owens Corning, PPG Industries Inc, Sinoma Science & Technology Co. Ltd, Taiwan Glass Ind. Corp, Yoshino Gypsum Co. Ltd, Yunnan Phosphate Haikou Co. Ltd.

Glass Fiber Reinforced Plastic (GFRP) Market Scope and Segmentation

By Resin

Polyester resin

Vinyl ester resin

Epoxy resin

Polyurethane resin

Others

By Process

Manual process

Continuous process

Compression molding

Injection molding

By End-User

Aerospace

Construction

Wind energy

Automotive

Electronics

Others

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Glass Fiber Reinforced Plastic (GFRP) Market Research-

AGY Holding Corp

China Jushi Co. Ltd

Compagnie de Saint-Gobain SA

Nippon Electric Glass Co. Ltd

Owens Corning

PPG Industries Inc

Sinoma Science & Technology Co. Ltd

Taiwan Glass Ind. Corp

Yoshino Gypsum Co. Ltd

Yunnan Phosphate Haikou Co. Ltd

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
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• Get an integrated understanding of the entire market ecosystem and companies.
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