The market for glass fiber reinforced plastic composites market is growing continuously and is expected to grow at a moderate CAGR of 6.6% between 2022 and 2032. Glass fiber reinforced plastic is a lightweight and durable material made from very fine glass fibers .
Compared to carbon fibers, glass fibers have low brittleness and the glass fibers used to manufacture them are less expensive. In its latest report, ESOMAR-certified market research firm Future Market Insights offers an extensive study on the market for Glass Fiber Reinforced Plastic (GFRP) Composites.
FMI provides a new study to elucidate the potential growth parameters of the Glass Fiber Reinforced Plastic (GFRP) Composites market. On the back of prevailing trends FMI presents a positive growth outlook.
The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Glass Fiber Reinforced Plastic (GFRP) Composites market structure.
Impact of COVID-19 on Glass Fiber Reinforced Plastic (GFRP) Composites Market
The pandemic has placed an enormous strain on the chemicals materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals materials industry to adapt and develop its infrastructure and innovate in a short period of time.
Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.
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Glass Fiber Reinforced Plastic (GFRP) Composites Market: Competitive Evaluation
The FMI’s Glass Fiber Reinforced Plastic (GFRP) Composites market report provides a comprehensive analysis on key players operating in the Glass Fiber Reinforced Plastic (GFRP) Composites market.
Some of the key players are:
- Johns Manville
- BGF Industries
- Asahi Glass Company Limited
- Advanced Glassfiber Yarns LLC
- Chomarat Group
- Jushi Group Co. Ltd.
- Taishan Fiberglass Inc.
- Owens Corning
- PPG Industries Inc.
- Binani 3B-The Fibreglass Company
- Saertex Group
- Chongqing Polycomp International Corp.
- Saint-Gobain Vetrotex
- Nitto Boseki Co. Ltd
- Nippon Sheet Glass Co. Ltd
With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.
Glass Fiber Reinforced Plastic (GFRP) Composites Market: Key Segmentation
Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.
By Type
- Epoxy
- Polyester
- Vinyl Ester
By Application
- Transportation
- Electricals
- Electronics
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