Glass Fiber Reinforced Plastics (GFRP) composites Market Report 2017, Trends, Analysis, Share, Estimates and Forecasts to 2022.

According to Stratistics MRC, the Global Glass Fiber Reinforced Plastics (GFRP) composites market is accounted for $42.01 billion in 2017 and is expected to reach $ 80.57 billion by 2026 growing at a CAGR of 7.5%. Rising number of wind energy capacity installations, growing demand for GFRP composites from aerospace and automotive industries and GFRP composites having immense strength, light weight are some of the factors favouring the market. However, huge manufacturing costs and recycling issues are hampering the market growth. In addition, growing demand for GFRP composite pipes from emerging economies is one of the major opportunities during the forecast period.

For More, Please Visit: http://www.strategymrc.com/report/glass-fiber-reinforced-plastics-gfrp-composites-market

Glass fiber consists of lightweight and durable fiber produced from fine fibers of glass. Glass fibers show very low brittleness and the fibers of glass used for their production are more cost effective. As compared to metals, the glass fibers are hold better properties, both strength wise and weight wise. They can be smoothly formed by using different molding techniques. Glass fibers are widely used as an important raw material for producing distinct types of composite materials.

By manufacturing process, compression & injection segment commanded the largest market share as this process is widely used for the production of bumpers for vehicles in transportation and panels for electrical equipment in electrical & electronics industries. The demand for compression & injection is increasing rapidly owing to the quick cycling system, reduced labor cost and low mold-clamping pressure. On the other hand, transportation segment is leading the market due to the increased fuel efficiency.

Asia Pacific has acquired significant growth and the growth of this region can be attributed to increasing eco friendly products, construction & infrastructure, pipes & tanks and electrical & electronics industries particularly in India and China.

Some of the key players in global Glass Fiber Reinforced Plastics (GFRP) composites market include Saint-Gobain S.A, Owens Corning, Asahi Fiber Glass Co., Ltd, Johns Manville Corporation, Taishan Fiberglass, Inc, Jushi Group Co., Ltd, AGY Holdings Corp, Chongqing Polycomp International Corporation, Nippon Sheet Glass Co. Ltd, PPG Industries, Inc, Celanese Corporation, China National Building Material Company Ltd, Binani Industries Ltd, Nitto Boseki Co., Ltd and Reliance Industries.

Resin Types Covered:
• Polyurethane
• Polyester
• Thermoplastic
• Vinyl Ester
• Epoxy
• Other Resin Types

Materials Covered:
• Thermoplastic Resins
• Glass Fibre
• Fillers
• Thermoset Resins
• Other Materials

Manufacturing Processes Covered:
• Injection Process
• Manual Process
• Continuous Process
• Compression Process
• Pultrusion Process
• Layup Process
• Other Manufacturing Process

End Users Covered:
• Pipes & Tanks
• Aerospace & Defense
• Electrical & Electronics
• Marine
• Transportation
• Wind Energy
• Construction & Infrastructure
• Alternative Energy
• Infrastructure
• Other End-Users

Regions Covered:

North America
US
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- 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

For More, Please Visit: http://www.strategymrc.com/report/glass-fiber-reinforced-plastics-gfrp-composites-market

We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

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