Glass Fiber Reinforced Plastics (GFRP) Composites Market Forecasts to 2028 – Global Analysis By Form(Panel, Rebar and Others), Resin Type(Epoxy, Fillers and Others), Manufacturing Process, Type, Sales Channel, End User and By Geography
According to Stratistics MRC, the 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.
By 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
• Sheet
Resin Types Covered:
• Epoxy
• Fillers
• Glass Fiber
• Polyester
• Polyurethane
• Thermoplastic Resins
• Thermoset Resins
• Vinyl Ester
• Other Resin Types
Manufacturing Processes Covered:
• Compression & Injection Molding Process
• Continuous
• Filament Winding
• Layup
• Manual
• Pultrusion
• Resin Transfer Molding (RTM)
Types Covered:
• General-Purpose Glass Fibers
• Special-Purpose Glass Fibers
Sales Channels Covered:
• Direct Sales
• Distributor
End Users Covered:
• Electrical & Electronics
• Wind Energy Turbines
• Transportation
• Pipes & Tanks
• Construction & Infrastructure
• Marine
• Aerospace & Defense
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What 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 advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market, By Form
5.1 Introduction
5.2 Panel
5.3 Powder
5.4 Rebar
5.5 Rolls
5.6 Sheet
6 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market, By Resin Type
6.1 Introduction
6.2 Epoxy
6.3 Fillers
6.4 Glass Fiber
6.5 Polyester
6.6 Polyurethane
6.7 Thermoplastic Resins
6.8 Thermoset Resins
6.9 Vinyl Ester
6.10 Other Resin Types
6.10.1 Benzoxazine
6.10.2 Bismalimide (BMI)
6.10.3 Cyanate Ester
6.10.4 Phenolic
7 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market, By Manufacturing Process
7.1 Introduction
7.2 Compression & Injection Molding Process
7.3 Continuous
7.4 Filament Winding
7.5 Layup
7.6 Manual
7.7 Pultrusion
7.8 Resin Transfer Molding (RTM)
8 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market, By Type
8.1 Introduction
8.2 General-Purpose Glass Fibers
8.3 Special-Purpose Glass Fibers
9 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market, By Sales Channel
9.1 Introduction
9.2 Direct Sales
9.3 Distributor
10 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market, By End User
10.1 Introduction
10.2 Electrical & Electronics
10.3 Wind Energy Turbines
10.4 Transportation
10.4.1 Automotive
10.4.2 Rail
10.5 Pipes & Tanks
10.5.1 Oil & Gas
10.5.2 Pulp & Paper
10.5.3 Water & Wastewater Treatment Plants
10.6 Construction & Infrastructure
10.6.1 Columns
10.6.2 Cornice
10.6.3 Decking & Railing
10.6.4 Domes
10.6.5 Fountains
10.6.6 Industrial Flooring
10.6.7 Reinforcement
10.6.8 Roofs
10.6.9 Sculptures
10.7 Marine
10.8 Aerospace & Defense
10.8.1 Exterior
10.8.2 Interior
10.9 Other End Users
10.9.1 Consumer Goods
10.9.2 Healthcare
10.9.3 Sporting Goods
10.9.4 Storage Containers
11 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Advanced Composites, Inc.
13.2 Agy Holdings Corp.
13.3 Asahi Fiber Glass Co., Ltd.
13.4 BGF Industries, Inc.
13.5 Celanese Corporation
13.6 China Beihai Fiberglass Co. Ltd.
13.7 China National Building Materials Group Co., Ltd.
13.8 Chongqing Polycomp International Corporation
13.9 Jiangsu Jiuding New Materials Co., Ltd.
13.10 John Manville
13.11 Nippon Sheet Glass Co., Ltd.
13.12 Nitto Boseki Co., Ltd.
13.13 Owens Corning
13.14 Pfg Fiberglass Corporation
13.15 PPG Industries, Inc.
List of Tables
1 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Region (2019-2028) (US $MN)
2 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Form (2019-2028) (US $MN)
3 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Panel (2019-2028) (US $MN)
4 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Powder (2019-2028) (US $MN)
5 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Rebar (2019-2028) (US $MN)
6 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Rolls (2019-2028) (US $MN)
7 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Sheet (2019-2028) (US $MN)
8 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Resin Type (2019-2028) (US $MN)
9 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Epoxy (2019-2028) (US $MN)
10 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Fillers (2019-2028) (US $MN)
11 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Glass Fiber (2019-2028) (US $MN)
12 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Polyester (2019-2028) (US $MN)
13 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Polyurethane (2019-2028) (US $MN)
14 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Thermoplastic Resins (2019-2028) (US $MN)
15 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Thermoset Resins (2019-2028) (US $MN)
16 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Vinyl Ester (2019-2028) (US $MN)
17 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Other Resin Types (2019-2028) (US $MN)
18 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Benzoxazine (2019-2028) (US $MN)
19 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Bismalimide (BMI) (2019-2028) (US $MN)
20 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Cyanate Ester (2019-2028) (US $MN)
21 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Phenolic (2019-2028) (US $MN)
22 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Manufacturing Process (2019-2028) (US $MN)
23 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Compression & Injection Molding Process (2019-2028) (US $MN)
24 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Continuous (2019-2028) (US $MN)
25 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Filament Winding (2019-2028) (US $MN)
26 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Layup (2019-2028) (US $MN)
27 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Manual (2019-2028) (US $MN)
28 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Pultrusion (2019-2028) (US $MN)
29 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Resin Transfer Molding (RTM) (2019-2028) (US $MN)
30 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Type (2019-2028) (US $MN)
31 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By General-Purpose Glass Fibers (2019-2028) (US $MN)
32 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Special-Purpose Glass Fibers (2019-2028) (US $MN)
33 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Sales Channel (2019-2028) (US $MN)
34 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Direct Sales (2019-2028) (US $MN)
35 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Distributor (2019-2028) (US $MN)
36 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By End User (2019-2028) (US $MN)
37 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Electrical & Electronics (2019-2028) (US $MN)
38 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Wind Energy Turbines (2019-2028) (US $MN)
39 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Transportation (2019-2028) (US $MN)
40 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Automotive (2019-2028) (US $MN)
41 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Rail (2019-2028) (US $MN)
42 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Pipes & Tanks (2019-2028) (US $MN)
43 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Oil & Gas (2019-2028) (US $MN)
44 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Pulp & Paper (2019-2028) (US $MN)
45 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Water & Wastewater Treatment Plants (2019-2028) (US $MN)
46 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Construction & Infrastructure (2019-2028) (US $MN)
47 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Columns (2019-2028) (US $MN)
48 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Cornice (2019-2028) (US $MN)
49 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Decking & Railing (2019-2028) (US $MN)
50 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Domes (2019-2028) (US $MN)
51 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Fountains (2019-2028) (US $MN)
52 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Industrial Flooring (2019-2028) (US $MN)
53 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Reinforcement (2019-2028) (US $MN)
54 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Roofs (2019-2028) (US $MN)
55 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Sculptures (2019-2028) (US $MN)
56 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Marine (2019-2028) (US $MN)
57 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Aerospace & Defense (2019-2028) (US $MN)
58 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Exterior (2019-2028) (US $MN)
59 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Interior (2019-2028) (US $MN)
60 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Other End Users (2019-2028) (US $MN)
61 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Consumer Goods (2019-2028) (US $MN)
62 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Healthcare (2019-2028) (US $MN)
63 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Sporting Goods (2019-2028) (US $MN)
64 Global Glass Fiber Reinforced Plastics (GFRP) Composites Market Outlook, By Storage Containers (2019-2028) (US $MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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