As per the research conducted by GME, the GlobalGFRP Composites Market will grow with a CAGR value of 7.2% from 2021 to 2026. The demand for GFRP composites is driven by low cost, lightweight, elasticity, and resistance. In the shipping sector, the GFRP market has a larger reach. There are many production methods, but compression and injection molding are the most common since they are used in a wide range of industries. GFRP composites are used in a wide range of industries.
Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “GFRP Composites Market - Forecast to 2026"
https://www.globalmarketestimates.com/market-report/gfrp-composites-market-2946
By Resin Type (Polyester, Vinyl Ester, Epoxy, Polyurethane, Thermoplastic, Others), By End-Use Industry (Wind Energy, Electricals & Electronics, Transportation, Pipes and Tanks, Construction and Infrastructure, Marine, Aerospace & Defense, Others), By Manufacturing Process (Compression and Injection Molding Process, Layup, Filament Winding, Pultrusion, Resign Transfer Molding (RTM), Other Manufacturing Process), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Key Market Insights
·Glass fiber reinforced plastic (GFRP) is a composite material composed of plastic and ultra-fine glass fibers, generally referred to as fiberglass.
- In comparison to carbon and other metal fiber composites, GFRP is a less expensive composite material.
- Transportation is a fast-paced business that never stops moving. People can still travel from one location to another, whether they use private or public transportation.
- The market for GFRP composites will positively grow in the forecast period and along with the APAC region, North America would have a good contribution.
- The APAC region will be dominating the GFRP Composites market due to the high consumption of GFRP products in several industries.
- Asahi Fiber Glass Co., LTD., Jushi Group Co., LTD., Johns Manville Corporation, Nippon Sheet Glass Co. LTD., Quantum Composites, AGY Holdings Corp, Binani Industries LTD., Celanese Corporation, Nitto Boseki Co., LTD., Reliance Industries, PPG Industries, Inc., Saint-Gobain S.A., Taishan Fiberglass, Inc., Chongqing Polycomp International Corporation, BGF Industries, Inc., Jiangsu Jiuding New Material Co., LTD., Owens Corning, and China National Building Material Company LTD. are the top players in the GFRP composites market.
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Resin Outlook (Revenue, USD Million, 2021-2026)
- Polyester
- Vinyl Ester
- Epoxy
- Polyurethane
- Thermoplastic
- Others
- Phenolic
- Benzoxazine
- Cyanate Ester
- Bismalimide (BMI)
End-Use Industry Outlook (Revenue, USD Million, 2021-2026)
- Wind Energy
- Electrical & Electronics
- Transportation
- Rail
- Automotive
- Pipes & Tanks
- Oil and Gas
- Water & Wastewater Treatment Plants
- Pulp and Paper
- Others
- Construction & Infrastructure
- Decking and Railing
- Rebars
- Others
- Marine
- Aerospace & Defense
- Interior
- Exterior
- Others
- Healthcare
- Consumer Goods
- Sporting Goods
Manufacturing Process Outlook (Revenue, USD Million, 2021-2026)
- Compression & Injection Molding Process
- Layup
- Filament Winding
- Pultrusion
- Resin Transfer Molding (RTM)
- Other Manufacturing Processes
Region Outlook (Revenue, USD Million, 2021-2026)
North America
- The U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of APAC
Central & South America
- Brazil
- Argentina
- Rest of CSA
Middle East & Africa
- Saudi Arabia
- UAE
- Rest of MEA
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