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Global GFRP Composites Market Outlook 2022
SKU ID : QYR-19638913 | Publishing Date : 02-Dec-2021 | No. of pages : 124
Glass fiber & glass fiber reinforced plastic (GFRP) composites refer to composite materials made of resin reinforced with glass fiber. GFRP composites is used for its high mechanical strength, light weight, corrosion and temperature resistant properties, thermal insulation, smooth internal surface, easy to form complex shapes, ease of repair and its cost effectiveness.
Globally, the main manufacturers of GFRP composites include BASF, Lanxess and DSM, etc. China is the largest market, holds a share over 33%.
Market Analysis and Insights: Global GFRP Composites Market
The global GFRP Composites market was valued at US$ 23390 million in 2020 and it is expected to reach US$ 35710 million by the end of 2027, growing at a CAGR of 4.4% during 2021-2027.
Global GFRP Composites Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global GFRP Composites Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Thermosetting Plastic Products
Thermoplastic Plastic Products
Segment by Application
Transport
Electro & Electronics
Construction
Sport & Leisure
Others
By Company
BASF
Lanxess
DSM
SABIC
Avient
DuPont
Solvay
Hexion
Celanese
RTP
Sumitomo Bakelite
Evonik
Daicel
Kolon
Denka
Kingfa
PolyOne
Production by Region
North America
Europe
China
India
Brazil
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Globally, the main manufacturers of GFRP composites include BASF, Lanxess and DSM, etc. China is the largest market, holds a share over 33%.
Market Analysis and Insights: Global GFRP Composites Market
The global GFRP Composites market was valued at US$ 23390 million in 2020 and it is expected to reach US$ 35710 million by the end of 2027, growing at a CAGR of 4.4% during 2021-2027.
Global GFRP Composites Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global GFRP Composites Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Thermosetting Plastic Products
Thermoplastic Plastic Products
Segment by Application
Transport
Electro & Electronics
Construction
Sport & Leisure
Others
By Company
BASF
Lanxess
DSM
SABIC
Avient
DuPont
Solvay
Hexion
Celanese
RTP
Sumitomo Bakelite
Evonik
Daicel
Kolon
Denka
Kingfa
PolyOne
Production by Region
North America
Europe
China
India
Brazil
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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