Glass Fiber Reinforced Plastics Market report published by Value Market Research, which studies the future outlook of the market. It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2023-2032.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Glass Fiber Reinforced Plastics market include Owens Corning (U.S.), JEC Group (Paris), PPG Industries, Inc. (India), Johns Manville (Denver), Saint-Gobain (Paris), Nippon Sheet Glass Co., Ltd (Tokyo). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The Glass fiber reinforced plastics market experiences robust growth driven by its unique combination of lightweight properties, high strength, and versatile applications across industries. GRP's exceptional strength-to-weight ratio makes it a preferred choice in the aerospace, automotive, and marine sectors, where lightweight yet robust components are crucial. Its corrosion resistance enhances durability, making it ideal for harsh environments. The design flexibility of GRP allows for the creation of complex shapes, meeting the specific needs of diverse industries, including construction and automotive. With longevity and low maintenance as key advantages, GRP is gaining traction globally, contributing to its rising demand in construction, marine applications, and renewable energy infrastructure. Innovations in manufacturing processes and environmental regulations favoring sustainable materials further propel this market. As industries seek energy-efficient solutions, GRP's role in transportation and renewable energy infrastructure positions it as a significant player in the modern materials landscape.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of glass fiber reinforced plastics. The growth and trends of glass fiber reinforced plastics industry provide a holistic approach to this study.
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Market Segmentation
This section of the glass fiber reinforced plastics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Polyester
- Vinyl Ester
- Epoxy
- Polyurethane
- Thermoplastic
- Others
By End-User
- Wind Energy
- Electrical & Electronics
- Transporation
- Pipes & Tanks
- Construction & Infrastructure
- Marine
- Aerospace & Defense
- Other
By Manufacturing Process
- Compression & Injection Molding Process
- Layup
- Filament Winding
- Pultrusion
- Resin Transfer Molding (RTM)
- Other
By Form
- Rebar
- Powder
- Sheet
- Panel
- Rolls
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Glass Fiber Reinforced Plastics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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A new research study from “Data Bridge Market Research” with title Glass Fiber-reinforced Plastics (GFRP) Market Insights 2019, Global Analysis and Forecast to 2026 provides an in-depth assessment of the Women’s Health including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies.
Key players profiled in this report are: Owens Corning, JEC Group, PPG Industries, Inc., Johns Manville, Saint-Gobain, AGY, Nippon Sheet Glass Co., Ltd, ASAHI FIBER GLASS Co., Ltd., Braj Binani Group, BGF Industries, Inc., Nitto Boseki Co., Ltd, PFG FIBER GLASS CORPORATION, Celanese Corporation, SAERTEX GmbH & Co. KG, Reliance Industries Limited, Denka Company Limited, RTP Company, Reinforced Plastic Industries, Aeron Composite Pvt.
Ltd, FIBREX and others.Global glass fiber-reinforced plastics (GFRP) market is expected to rise from its initial estimated value by registering a substantial CAGR of 6.70% in the forecast period of 2019-2026.
Rising installation of wind energy capacity is the major factor for the growth of this market.Get Exclusive Sample Report: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-glass-fiber-reinforced-plastics-gfrp-marketSegmentation: Global Glass Fiber-reinforced Plastics (GFRP) MarketGlobal Glass Fiber-reinforced Plastics (GFRP) Market By Resin Type (Polyester, Vinyl Ester, Epoxy, Polyurethane, Thermoplastic, Others)End- User (Wind Energy, Electrical & Electronics, Transportation, Pipes & Tanks, Construction & Infrastructure, Marine, Aerospace & Defense, Other End-Use Industries)Manufacturing Process (Compression & Injection Molding Process, Layup, Filament Winding, Pultrusion, Resin Transfer Molding (RTM), Other Manufacturing Processes)Process (Manual, Continuous, Compression Molding, Injection Molding)Form (Rebar, Powder, Sheet, Panel, Rolls, Others)Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026Market Drivers:Rising construction activities in developing countries is driving the growth of this marketIncreasing demand of GFRP in transportation industry is another factor driving the market growthGrowing number of wind energy capacity installations will drive the market growthRising usage of GFRP composite pipes in sewage & water management will also accelerate the growth of the marketMarket Restraints:High production cost is restraining the growth of this marketIncreasing recyclability issue is another factor restraining the market growthComplete Report is Available @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-glass-fiber-reinforced-plastics-gfrp-marketKey Developments in the Market:In February 2019, SABIC announced the launch of their Stamax Stadeck which is specially designed for building and construction market.
They are constructed in such a way that these panels can stay outdoors for long periods without rotting or corroding.
They are very suitable for fencing, sheathing, decking, wheel chair ramps among othersIn July 2017, Owens Corning Infrastructure Solutions announced that they have acquired Aslan FRP.
Glass Fiber Reinforced Plastics Composite market is segmented by region (country), players, by Type, and by Application.
Players, stakeholders, and other participants in the global Glass Fiber Reinforced Plastics Composite market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Glass Fiber Reinforced Plastics Composite market is segmented into:By TypeBy ProcessDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/58303/global-united-states-glass-fiber-reinforced-plastics-composite-2026-393Segment by Application, the Glass Fiber Reinforced Plastics Composite market is segmented into:Wind EnergyTransportationConstructionElectricals & ElectronicsOthersRegional and Country-level Analysis:The Glass Fiber Reinforced Plastics Composite market is analysed and market size information is provided by regions (countries).The key regions covered in the Glass Fiber Reinforced Plastics Composite market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Glass Fiber Reinforced Plastics Composite Market Share Analysis:Glass Fiber Reinforced Plastics Composite market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
Global Glass Fiber Reinforced Plastics (GFRP) Composites Market is accounted for $46.74 billion in 2020 and is expected to reach $89.11 billion by 2028 growing at a CAGR of 8.4% during the forecast period.
Growing adoption in the transportation industry, rise in the number of wind energy capacity installations and increasing usage in construction and infrastructure are driving the market growth.
However, high manufacturing and processing are hampering the growth of the market.Glass fiber reinforced plastic (GFRP) is a synthetic amalgamated material made up of plastic and extremely fine fibers of glass.
GFRP composite material is a relatively low-cost composite material as compared to carbon and other metal fiber composites and is used in a wide range of industry applications.Based on the resin type, the polyester segment is going to have lucrative growth during the forecast period which can be attributed to their corrosion resistance and superior performance properties.
They are used in a wide range of applications like aircraft, electronics components, automotive and railways among many others.Request for Sample with Complete TOC and Figures & Graphs @ https://www.trendsmarketresearch.com/report/sample/13693By geography, Asia Pacific is going to have high growth during the forecast period due to the rise in consumption of GFRP composites in several industries such as wind energy, construction & infrastructure, electrical & electronics, and transportation.Some of the key players profiled in the Glass Fiber Reinforced Plastics (GFRP) Composites Market include Advanced Composites, Inc., Agy Holdings Corp., Asahi Fiber Glass Co., Ltd., BGF Industries, Inc., Celanese Corporation, China Beihai Fiberglass Co. Ltd., China National Building Materials Group Co., Ltd., Chongqing Polycomp International Corporation, Jiangsu Jiuding New Materials Co., Ltd., John Manville, Nippon Sheet Glass Co., Ltd., Nitto Boseki Co., Ltd., Owens Corning, Pfg Fiberglass Corporation and PPG Industries, Inc.Forms Covered:• Panel• Powder• Rebar• Rolls• SheetResin Types Covered:• Epoxy• Fillers• Glass Fiber• Polyester• Polyurethane• Thermoplastic Resins• Thermoset Resins• Vinyl Ester• Other Resin TypesManufacturing Processes Covered:• Compression & Injection Molding Process• Continuous• Filament Winding• Layup• Manual• Pultrusion• Resin Transfer Molding (RTM)Direct Purchase this Market Research Report Now @ https://www.trendsmarketresearch.com/checkout/13693/SingleTypes Covered:• General-Purpose Glass Fibers• Special-Purpose Glass FibersSales Channels Covered:• Direct Sales• DistributorEnd Users Covered:• Electrical & Electronics• Wind Energy Turbines• Transportation• Pipes & Tanks• Construction & Infrastructure• Marine• Aerospace & Defense• Other End UsersRegions Covered:• North Americao USo Canadao Mexico• Europeo Germanyo UKo Italyo Franceo Spaino Rest of Europe• Asia Pacifico Japano Chinao Indiao Australiao New Zealando South Koreao Rest of Asia Pacific• South Americao Argentinao Brazilo Chileo Rest of South America• Middle East & Africao Saudi Arabiao UAEo Qataro South Africao Rest of Middle East & AfricaGet Discount On The Purchase Of This Report @ https://www.trendsmarketresearch.com/report/discount/13693What our report offers:– Market share assessments for the regional and country-level segments– Strategic recommendations for the new entrants– Covers Market data for the years 2019, 2020, 2021, 2025 and 2028– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)– Strategic recommendations in key business segments based on the market estimations– Competitive landscaping mapping the key common trends– Company profiling with detailed strategies, financials, and recent developments– Supply chain trends mapping the latest technological advancementsFree Customization Offerings:All the customers of this report will be entitled to receive one of the following free customization options:• Company Profilingo Comprehensive profiling of additional market players (up to 3)o SWOT Analysis of key players (up to 3)• Regional Segmentationo Market estimations, Forecasts and CAGR of any prominent country as per the client’s interest (Note: Depends on feasibility check)• Competitive Benchmarkingo Benchmarking of key players based on product portfolio, geographical presence, and strategic alliancesGet Discount On The Purchase Of This Report @ https://www.trendsmarketresearch.com/report/discount/3657Understand the specific dynamics influencing the market – key using factors, challenges, and hidden opportunities.
