Global Glass Fiber Reinforced Plastic Composites Market is expected to grow at a CAGR of 7.33% during the forecast period and is expected to reach US$ 102.53 Bn. by 2029. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology:-Request Free Sample Report Glass fiber is a lightweight and durable fiber that are manufactured from very fine fibers of glass. As compared to carbon fibers, glass fibers offers high strength, thermal efficiency and low brittleness. Key players across the automotive, construction & infrastructure and aerospace & defense segments are likely to utilize composite materials that are lighter, cheaper and stronger. Escalating demand from the automotive sector as it helps to enhance fuel efficiency in vehicles due reduced weight. Glass fiber reinforced plastic composites market based on manufacturing processes has been segmented into compression & injection molding, filament winding, layup, pultrusion, resin transfer molding and others. Compression & injection molding segment is expected to be one of the major contributors among others during the forecast period as it is the most preferred process for production of market. Automobile end-use industry is expected to hold one of the largest shares of the market for glass fiber reinforced plastic composites market. Increasing trend of reducing vehicle weight in order to reduce fuel consumption, performance and efficiency is augmenting the growth of this segment. Aerospace & defense segment followed the automotive segment. Polyester segment based on resin type is expected to grow at a high CAGR during the forecast period. This is due to their corrosion resistance and superior performance properties, they widely used as a matrix for glass fiber reinforced plastic composites in various applications such as automotive, aircraft, electronics components, railways and others. Polyester is followed by epoxy and polyurethane. Geographically, Asia Pacific is expected to be one of the largest markets for glass fiber reinforced plastic composites during the forecast period. This is due to increasing demand from the countries like India and China owing to growing industrialization and increasing demand for environment friendly products.
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Glass Fiber Reinforced Plastic Composites Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 62.48 Bn. Forecast Period 2023 to 2029 CAGR: 7.33% Market Size in 2029: US $ 102.53 Bn. Segments Covered: by Resin Type Polyester Vinyl Ester Epoxy Polyurethane Thermoplastics Others by Manufacturing Process Compression & Injection Molding Filament winding Layup Pultrusion Resin transfer molding Others by End Use Industry Automotive Aerospace & Defense Wind Energy Electrical & Electronics Construction & Infrastructure Marine Pipes & Tanks Others Glass Fiber Reinforced Plastic Composite Market, by Geography:
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest) South America (Brazil, Argetina and Rest of South America)Glass Fiber Reinforced Plastic Composites Market Key Players are:
1. Huntsman Corporation (US) 2. Scott Bader (UK) 3. Gurit Holding (Switzerland) 4. Owens Corning (US) 5. CPIC (China) 6. Jushi Group (China) 7. PPG Industries (US) 8. Taishan Fiberglass (China)Frequently Asked questions
1. What is the market size of the Global market in 2022? Ans. The market size Global market in 2022 was US$ 62.48 Billion. 2. What are the different segments of the Global market? Ans. The Global market is divided into Resin Type, Manufacturing Process and End Use Industry . 3. What is the study period of this market? Ans. The Global market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global market share? Ans. The Asia Pacific dominates the market share in the market. 5. What is the Forecast Period of Global Glass Fiber Reinforced Plastic Composites Market? Ans. The Forecast Period of the market is 2023-2029 in the market.
Glass Fiber Reinforced Plastic Composites Market
1. EXECUTIVE SUMMARY 2. RESEARCH METHODOLOGY 2.1. Market Definition 2.2. Market Scope 2.3. Data Sources 3. MARKET DYNAMICS 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. END-USER OVERVIEW 4.1. Value Chain Analysis 4.2. Key Trends in Glass Fiber Reinforced Plastic Composites Market 5. GFRP COMPOSITES MARKET, BY RESIN TYPE (2022-2029) 5.1. Introduction 5.2. GFRP Composite Market, by Polyester 5.2.1. Polyester Market Overview 5.2.2. Polyester Market Size & Forecast 5.3. GFRP Composite Market, by Vinyl Ester 5.3.1. Vinyl Ester Market Overview 5.3.2. Vinyl Ester Market Size & Forecast 5.4. GFRP Composite Market, by Epoxy 5.4.1. Epoxy Market Overview 5.4.2. Epoxy Market Size & Forecast 5.5. GFRP Composite Market, by Polyurethane 5.5.1. Polyurethane Market Overview 5.5.2. Polyurethane Market Size & Forecast 5.6. GFRP Composite Market, by Thermoplastic 5.6.1. Thermoplastic Market Overview 5.6.2. Thermoplastic Market Size & Forecast 5.7. GFRP Composite Market, by Others 5.7.1. Others Market Overview 5.7.2. Others Market Size & Forecast 5.7.2.1. Phenolic 5.7.2.2. Benzoxazine 5.7.2.3. Cyanate Ester 5.7.2.4. Bismalimide (BMI) 6. GFRP COMPOSITES MARKET, BY MANUFACTURING PROCESS (2022-2029) 6.1. Introduction 6.2. GFRP Composite Market, by Compression & Injection Molding Process 6.2.1. Compression & Injection Molding Process Market Overview 6.2.2. Compression & Injection Molding Process Market Size & Forecast 6.3. GFRP Composite Market, by Layup 6.3.1. Layup Market Overview 6.3.2. Layup Market Size & Forecast 6.4. GFRP Composite Market, by Filament Winding 6.4.1. Filament Winding Market Overview 6.4.2. Filament Winding Market Size & Forecast 6.5. GFRP Composite Market, by Pultrusion 6.5.1. Pultrusion Market Overview 6.5.2. Pultrusion Market Size & Forecast 6.6. GFRP Composite Market, by Resin Transfer Molding (RTM) 6.6.1. Resin Transfer Molding (RTM)Market Overview 6.6.2. Resin Transfer Molding (RTM)Market Size & Forecast 6.7. GFRP Composite Market, by Other Manufacturing Processes 6.7.1. Other Manufacturing Processes Market Overview 6.7.2. Other Manufacturing Processes Market Size & Forecast 7. GFRP COMPOSITES MARKET, BY END-USE INDUSTRY (2022-2029) 7.1. Introduction 7.2. GFRP Composite Market, by Wind Energy 7.2.1. Wind Energy Market Overview 7.2.2. Wind Energy Market Size & Forecast 7.3. GFRP Composite Market, by Electrical & Electronics 7.3.1. Electrical & Electronics Market Overview 7.3.2. Electrical & Electronics Market Size & Forecast 7.4. GFRP Composite Market, by Transportation 7.4.1. Transportation Market Overview 7.4.2. Transportation Market Size & Forecast 7.4.2.1. Rail 7.4.2.2. Automotive 7.5. GFRP Composite Market, by Pipes & Tanks 7.5.1. Pipes & Tanks Market Overview 7.5.2. Pipes & Tanks Market Size & Forecast 7.5.2.1. Oil and Gas 7.5.2.2. Water & Wastewater Treatment Plants 7.5.2.3. Pulp and Paper 7.5.2.4. Others 7.6. GFRP Composite Market, by Construction & Infrastructure 7.6.1. Construction & Infrastructure Market Overview 7.6.2. Construction & Infrastructure Market Size & Forecast 7.6.2.1. Decking and Railing 7.6.2.2. Rebars 7.6.2.3. Others 7.7. GFRP Composite Market, by Marine 7.7.1. Marine Market Overview 7.7.2. Marine Market Size & Forecast 7.8. GFRP Composite Market, by Aerospace & Defense 7.8.1. Aerospace & Defense Market Overview 7.8.2. Aerospace & Defense Market Size & Forecast 7.8.2.1. Interior 7.8.2.2. Exterior 7.9. GFRP Composite Market, by Other End-Use Industries 7.9.1. Other End-Use Industries Market Overview 7.9.2. Other End-Use Industries Market Size & Forecast 7.9.2.1. Healthcare 7.9.2.2. Consumer Goods 7.9.2.3. Sporting Goods 8. GFRP COMPOSITES MARKET, BY GEOGRAPHY (2022-2029) 8.1. North America GFRP Composite Market 8.1.1. North America GFRP Composite Market, by Resin Type 8.1.2. North America GFRP Composite Market, by Manufacturing Process 8.1.3. North America GFRP Composite Market, by End-use Industry 8.1.4. North America GFRP Composite Market, by Region 8.1.4.1. U.S. GFRP Composite Market 8.1.4.2. Canada GFRP Composite Market 8.1.4.3. Rest of North America GFRP Composite Market 8.2. Europe GFRP Composite Market 8.2.1. Europe GFRP Composite Market, by Resin Type 8.2.2. Europe GFRP Composite Market, by Manufacturing Process 8.2.3. Europe GFRP Composite Market, by End-use Industry 8.2.4. Europe GFRP Composite Market, by Region 8.2.4.1. France GFRP Composite Market 8.2.4.2. Germany GFRP Composite Market 8.2.4.3. U.K .GFRP Composite Market 8.2.4.4. Rest of Europe GFRP Composite Market 8.3. Asia Pacific GFRP Composite Market 8.3.1. Asia-Pacific GFRP Composite Market, by Resin Type 8.3.2. Asia-Pacific GFRP Composite Market, by Manufacturing Process 8.3.3. Asia-Pacific GFRP Composite Market, by End-use Industry 8.3.4. Asia-Pacific GFRP Composite Market, by Region 8.3.4.1. China GFRP Composite Market 8.3.4.2. Japan GFRP Composite Market 8.3.4.3. India GFRP Composite Market 8.3.4.4. Australia GFRP Composite Market 8.3.4.5. South Korea GFRP Composite Market 8.3.4.6. Rest of Asia Pacific GFRP Composite Market 8.4. Middle East & Africa GFRP Composite Market 8.4.1. Middle East & Africa GFRP Composite Market, by Resin Type 8.4.2. Middle East & Africa GFRP Composite Market, by Manufacturing Process 8.4.3. Middle East & Africa GFRP Composite Market, by End-use Industry 8.4.4. Middle East & Africa GFRP Composite Market, by Region 8.4.4.1. South Africa GFRP Composite Market 8.4.4.2. Egypt GFRP Composite Market 8.4.4.3. Nigeria GFRP Composite Market 8.4.4.4. Rest of Middle East & Africa GFRP Composite Market 8.5. Latin America GFRP Composite Market 8.5.1. Latin America GFRP Composite Market, by Resin Type 8.5.2. Latin America GFRP Composite Market, by Manufacturing Process 8.5.3. Latin America GFRP Composite Market, by End-use Industry 8.5.4. Latin America GFRP Composite Market, by Region 8.5.4.1. Brazil GFRP Composite Market 8.5.4.2. Argentina GFRP Composite Market 8.5.4.3. Columbia GFRP Composite Market 8.5.4.4. Mexico GFRP Composite Market 8.5.4.5. Rest of Latin America GFRP Composite Market 9. MARKET COMPETITION ANALYSIS 9.1 Market Share/Positioning Analysis 9.2 Key Innovators 9.3 Company Profiles 9.3.1 Huntsman Corporation 9.3.1.1 Overview 9.3.1.2 Products/ End-User 9.3.1.3 Strategy 9.3.1.4 Key Developments 9.3.2 Scott Bader 9.3.2.1 Overview 9.3.2.2 Products/ End-User 9.3.2.3 Strategy 9.3.2.4 Key Developments 9.3.3 Gurit Holding 9.3.3.1 Overview 9.3.3.2 Products/ End-User 9.3.3.3 Strategy 9.3.3.4 Key Developments 9.3.4 Owens Corning 9.3.4.1 Overview 9.3.4.2 Products/ End-User 9.3.4.3 Strategy 9.3.4.4 Key Developments 9.3.5 Chongqing Polycomp International Corporation 9.3.5.1 Overview 9.3.5.2 Products/ End-User 9.3.5.3 Strategy 9.3.5.4 Key Developments 9.3.6 Jushi Group 9.3.6.1 Overview 9.3.6.2 Products/ End-User 9.3.6.3 Strategy 9.3.6.4 Key Developments 9.3.7 PPG Industries 9.3.7.1 Overview 9.3.7.2 Products/ End-User 9.3.7.3 Strategy 9.3.7.4 Key Developments 9.3.8 Taishan Fiberglass 9.3.8.1 Overview 9.3.8.2 Products/ End-User 9.3.8.3 Strategy 9.3.8.4 Key Developments 9.3.9 Johns Manville Corporation 9.3.9.1 Overview 9.3.9.2 Products/ End-User 9.3.9.3 Strategy 9.3.9.4 Key Developments 9.3.10 Nippon Sheet Glass Co. Ltd. 9.3.10.1 Overview 9.3.10.2 Products/ End-User 9.3.10.3 Strategy 9.3.10.4 Key Developments LIST OF TABLES Table 1 Global Wind Energy Installations, 2011-2019 Table 2 European Union: Co2 Emission Standards for New Passenger Cars (G/Km) Table 3 Trends and Forecast of GDP, USD Billion (2022-2029) Table 4 Per Capita GDP vs Per Capita Composite Materials Demand, 2019 Table 5 Construction Industry Spendings in North America, USD Billion (2022-2029) Table 6 Construction Industry Spendings in Europe, USD Billion (2022-2029) Table 7 Construction Industry Spendings in APAC, USD Billion (2022-2029) Table 8 Construction Industry Spendings in MEA, USD Billion (2022-2029) Table 9 Construction Industry Spendings in Latin America, USD Billion (2022-2029) Table 10 Wind Energy Installation, MW (2015-2019) Table 11 Market of New Airplanes, 2022-2029 Table 12 Automotive Production, BillionUnits (2011-2019) Table 13 GFRP Composites Market Size, By Resin Type, 2022-2029 (USD Billion) Table 14 GFRP Composites Market Size, By Resin Type, 2022-2029 (Kiloton) Table 15 Polyester Resin-Based GFRP Composites Market Size, By Region, 2022-2029 (USD Billion) Table 16 Polyester Resin-Based GFRP Composites Market Size, By Region, 2022-2029 (Kiloton) Table 17 Vinyl Ester Resin-Based GFRP Composites Market Size, By Region, 2022-2029 (USD Billion) Table 18 Vinyl Ester Resin-Based GFRP Composites Market Size, By Region, 2022-2029 (Kiloton) Table 19 Epoxy Resin-Based GFRP Composites Market Size, By Region, 2022-2029 (USD Billion) Table 20 Epoxy Resin-Based GFRP Composites Market Size, By Region, 2015–2022 (Kiloton) Table 21 Polyurethane Resin-Based GFRP Composites Market Size, By Region, 2022-2029 (USD Billion) Table 22 Polyurethane Resin-Based GFRP Composites Market Size, By Region, 2022-2029 (Kiloton) Table 23 Thermoplastic Resin-Based GFRP Composites Market Size, By Region, 2022-2029 (USD Billion) Table 24 Thermoplastic Resin-Based GFRP Composites Market Size, By Region, 2022-2029 (Kiloton) Table 25 Other Resins-Based GFRP Composites Market Size, By Region, 2022-2029 (USD Billion) Table 26 Other Resins-Based GFRP Composites Market Size, By Region, 2022-2029 (Kiloton) Table 27 GFRP Composites Market Size, By End-Use Industry, 2022-2029 (USD Billion) Table 28 GFRP Composites Market Size, By End-Use Industry, 2022-2029 (Kiloton) Table 29 Germany: New Wind Energy Installations, 2015-2019 (MW) Table 30 France: Annual Wind Energy Installations, 2015-2019 (MW) Table 31 UK: Annual Wind Energy Installations, 2015-2019 (MW) Table 32 China: New Wind Energy Installations, 2015-2019 (MW) Table 33 India: New Wind Energy Installations, 2015-2019 (MW) Table 34 GFRP Composites Market Size in Wind Energy, By Region, 2022-2029 (USD Billion) Table 35 GFRP Composites Market Size in Wind Energy, By Region, 2022-2029 (Kiloton) Table 36 GFRP Composites Market Size in Electrical & Electronics, By Region, 2022-2029 (USD Billion) Table 37 GFRP Composites Market Size in Electrical & Electronics, By Region, 2022-2029 (Kiloton) Table 38 GFRP Composites Market Size in Transportation, By Region, 2022-2029 (USD Billion) Table 39 GFRP Composites Market Size in Transportation, By Region, 2022-2029 (Kiloton) Table 40 GFRP Composites Market Size in Pipes & Tanks, By Region, 2022-2029 (USD Billion) Table 41 GFRP Composites Market Size in Pipes & Tanks, By Region, 2022-2029 (Kiloton) Table 42 GFRP Composites Market Size in Construction & Infrastructure, By Region, 2022-2029 (USD Billion) Table 43 GFRP Composites Market Size in Construction & Infrastructure, By Region, 2022-2029 (Kiloton) Table 44 GFRP Composites Market Size in Marine, By Region, 2022-2029 (USD Billion) Table 45 GFRP Composites Market Size in Marine, By Region, 2022-2029 (Kiloton) Table 46 Demand for New Airplanes, By Region, 2022-2029 Table 47 GFRP Composites Market Size in Aerospace & Defense, By Region, 2022-2029 (USD Billion) Table 48 GFRP Composites Market Size in Aerospace & Defense, By Region, 2022-2029 (Kiloton) Table 49 GFRP Composites Market Size in Other End-Use Industries, By Region, 2022-2029 (USD Billion) Table 50 GFRP Composites Market Size in Other End-Use Industries, By Region, 2022-2029 (Kiloton) Table 51 Comparative Study of Major Composite Manufacturing Processes Table 52 GFRP Composites Market Size, By Manufacturing Process, 2022-2029 (USD Billion) Table 53 GFRP Composites Market Size, By Manufacturing Process, 2022-2029 (Kiloton) Table 54 GFRP Composites Market Size for Compression & Injection Molding, By Region, 2022-2029 (USD Billion) Table 55 GFRP Composites Market Size for Compression & Injection Molding, By Region, 2022-2029 (Kiloton) Table 56 GFRP Composites Market Size for Layup, By Region, 2022-2029 (USD Billion) Table 57 GFRP Composites Market Size for Layup, By Region, 2022-2029 (Kiloton) Table 58 GFRP Composites Market Size for Filament Winding, By Region, 2022-2029 (USD Billion) Table 59 GFRP Composites Market Size for Filament Winding, By Region, 2022-2029 (Kiloton) Table 60 GFRP Composites Market Size for Pultrusion, By Region, 2022-2029 (USD Billion) Table 61 GFRP Composites Market Size for Pultrusion, By Region, 2022-2029 (Kiloton) Table 62 GFRP Composites Market Size for RTM, By Region, 2022-2029 (USD Billion) Table 63 GFRP Composites Market Size for RTM, By Region, 2022-2029 (Kiloton) Table 64 GFRP Composites Market Size for Other Manufacturing Processes, By Region, 2022-2029 (USD Billion) Table 65 GFRP Composites Market Size for Other Manufacturing Processes, By Region, 2022-2029 (Kiloton) Table 66 GFRP Composites Market Size, By Region, 2022-2029 (USD Billion) Table 67 GFRP Composites Market Size, By Region, 2022-2029 (Kiloton) Table 68 North America: GFRP Composites Market Size, By End-Use Industry, 2022-2029 (USD Billion) Table 69 North America: GFRP Composites Market Size, By End-Use Industry, 2022-2029 (Kiloton) Table 70 North America: GFRP Composites Market Size, By Country, 2022-2029 (USD Billion) Table 71 North America: GFRP Composites Market Size, By Country, 2022-2029 (Kiloton) Table 72 Europe: GFRP Composites Market Size, By End-Use Industry, 2022-2029 (USD Billion) Table 73 Europe: GFRP Composites Market Size, By End-Use Industry, 2022-2029 (Kiloton) Table 74 Europe: GFRP Composites Market Size, By Country, 2022-2029 (USD Billion) Table 75 Europe: GFRP Composites Market Size, By Country, 2022-2029 (Kiloton) Table 76 APAC: GFRP Composites Market Size, By End-Use Industry, 2022-2029 (USD Billion) Table 77 APAC: GFRP Composites Market Size, By End-Use Industry, 2022-2029 (Kiloton) Table 78 APAC: GFRP Composites Market Size, By Country, 2022-2029 (USD Billion) Table 79 APAC: GFRP Composites Market Size, By Country, 2022-2029 (Kiloton) Table 80 MEA: GFRP Composites Market Size, By End-Use Industry, 2022-2029 (USD Billion) Table 81 MEA: GFRP Composites Market Size, By End-Use Industry, 2022-2029 (Kiloton) Table 82 MEA: GFRP Composites Market Size, By Country, 2022-2029 (USD Billion) Table 83 MEA: GFRP Composites Market Size, By Country, 2022-2029 (Kiloton) Table 84 Latin America: GFRP Composites Market Size, By End-Use Industry, 2022-2029 (USD Billion) Table 85 Latin America: GFRP Composites Market Size, By End-Use Industry, 2022-2029 (Kiloton) Table 86 Latin America: GFRP Composites Market Size, By Country, 2022-2029 (USD Billion) Table 87 Latin America: GFRP Composites Market Size, By Country, 2022-2029 (Kiloton) Table 88 Investments and Expansions, 2017-2022 Table 89 Agreements, Partnerships, and Joint Ventures, 2017-2022 Table 90 New Product Launches, 2017-2022 Table 91 Mergers & Acquisitions, 2017-2022 LIST OF FIGURES Figure 1 GFRP Composites Market Segmentation Figure 2 GFRP Composites Market: Research Design Figure 3 Market Size Estimation: Bottom-Up Approach Figure 4 Market Size Estimation: Top-Down Approach Figure 5 GFRP Composites Market: Data Triangulation Figure 6 Transportation to Be the Leading End-Use Industry of GFRP Composites Between 2022-2029 Figure 7 Thermoplastic to Be the Fastest-Growing Resin Type of GFRP Composites Figure 8 China to Be the Fastest Growing Market for GFRP Composites Figure 9 Compression & Injection Molding to Be the Leading Manufacturing Process of GFRP Composites Figure 10 APAC to Be the Fastest-Growing GFRP Composites Market Figure 11 GFRP Composites Market to Grow at A Significant Rate Figure 12 Wind Energy to Be the Fastest Growing End-Use Industry Between 2022-2029 Figure 13 APAC Accounted for the Largest Market Share in 2019 Figure 14 China and India to Be the Fastest-Growing Markets for GFRP Composites Figure 15 Polyester to Be the Leading Resin Type of GFRP Composites Figure 16 Factors Governing the GFRP Composites Market Figure 17 Porter’s Five Forces Analysis Figure 18 Polyester to Be the Leading Resin Type of GFRP Composites Figure 19 Wind Energy to Register the Highest CAGR During the Forecast Period Figure 20 APAC to Lead the Construction & Infrastructure End-Use Industry Figure 21 Compression & Injection Molding to Be the Leading Manufacturing Process of GFRP Composites Figure 22 APAC to Drive the GFRP Composites Market for Compression & Injection Molding Figure 23 China to Register the Highest CAGR in the GFRP Composites Market Figure 24 North America: GFRP Composites Market Snapshot Figure 25 Europe: GFRP Composites Market Snapshot Figure 26 APAC: GFRP Composites Market Snapshot Figure 27 Owens Corning Captures the Largest Market Share in GFRP Composites Market Figure 28 Owens Corning: Company Snapshot Figure 29 PPG Industries, Inc.: Company Snapshot Figure 30 Saint-Gobain S.A.: Company Snapshot Figure 31 Nippon Sheet Glass Co. Ltd.: Company Snapshot Figure 32 Nippon Sheet Glass Co. Ltd.: SWOT Analysis