Glass Fiber Reinforced Plastics Gfrp Composites Market
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PUBLISHED: 2021 ID: SMRC20978
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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

4.9 (69 reviews)
4.9 (69 reviews)
Published: 2021 ID: SMRC20978

This report covers the impact of COVID-19 on this global market

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      
  10.10.1 Exterior    
  10.10.2 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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