Press release
Glass Fiber Reinforced Plastics (GFRP) Composites Market will reach 9250 million US$ in 2023
Glass fibers are the materials consisting of extremely fine glass fibers, used in making various products, such as yarns, fabrics, insulators, and structural objects or parts. It is also called spun glass.
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.
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Global Glass Fiber Reinforced Plastics (GFRP) Composites Market: Forecast by Type / Application / Region
Ore powder material and Chemical raw materials are the main raw materials for the production of glass fibers. With the development of glass fibers industry, raw materials’ manufacturers are also benefited from the glass fibers industry in some extent.
This industry is affected by the policy, so it’s important to put an eye on different countries policy.
We tend to believe this industry now is mature, and the consumption increasing degree will show a slowly rising curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
The worldwide market for Glass Fiber Reinforced Plastics (GFRP) Composites is expected to grow at a CAGR of roughly 4.4% over the next five years, will reach 9250 million US$ in 2023, from 7150 million US$ in 2017, according to a new GIR (Global Info Research) study.
This report focuses on the Glass Fiber Reinforced Plastics (GFRP) Composites in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Global Nonferrous Metal Recycling Market:Key Players
Owens Corning
Jushi Group
PPG Industries
CPIC
Taishan Fiberglass (Sinoma)
Advanced Glassfiber Yarns
Binani-3B
Johns Mansville
Nippon Electric Glass
Nittobo
Saint-Gobain Vetrotex
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Related Information:
United States Glass Fiber Reinforced Plastics (GFRP) Composites Market 2018 Forecast to 2023
Europe Glass Fiber Reinforced Plastics (GFRP) Composites Market 2018 Forecast to 2023
North America Glass Fiber Reinforced Plastics (GFRP) Composites Market 2018 Forecast to 2023
Asia-Pacific Glass Fiber Reinforced Plastics (GFRP) Composites Market 2018 Forecast to 2023
China Glass Fiber Reinforced Plastics (GFRP) Composites Market 2018 Forecast to 2023
EMEA Glass Fiber Reinforced Plastics (GFRP) Composites Market 2018 Forecast to 2023
Global Glass Fiber Reinforced Plastics (GFRP) Composites Market 2018 Forecast to 2023
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