What is the consumption volume of Glass Composite (Thousand Square Meter) in the Global FRP Panel Market

Fiberglass reinforced panels, or FRP, are thin, flexible plastic panels made of strong polyester resin reinforced with fiberglass. They are used on walls and ceilings and can be installed directly over drywall, wood, concrete block, and many other solid surfaces. FRP systems include plastic trim molding to create a continuous durable, scratch-resistant surface that is easy to clean and mold- and stain-resistant. The panels can even be hosed down for cleaning. All of these qualities make FRP an excellent material for covering walls and ceilings in restaurant kitchens, public bathrooms, medical facilities, food processing areas, and many other environments requiring frequent deep-cleaning.

The market growth is largely attributable to the increasing demand for high-performance, lightweight, and durable composite materials across automotive, transportation, and aerospace sectors. Advanced high-strength polymers are also experiencing demand in modern construction and infrastructure projects.

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FRP panels and panels are widely used in applications such as roofing, interior wall panels and exterior facades in the building and construction industry. The global construction industry is growing at a remarkable rate.
According to Oxford Economics, a global leader in forecasting and quantitative analysis, the construction industry is expected to grow at an average annual growth rate of 3.9% pa. Until 2030. This steady growth is expected to drive demand for wall panels and roofing solutions, thus driving demand for FRP panels and panels over the next few years.
FRP panels and panels are widely used in the building and construction industry repair, brightness and water resistance.

As a durable, dirt-resistant and impact-resistant composite material, it can be used in both commercial and residential environments. They are installed over existing wall materials such as concrete, creating a watertight installation and providing a new look for years to come. According to China's National Development and Reform Commission, the Chinese government has approved 26 infrastructure projects with an estimated investment of $142 billion in 2019, expected to be completed in 2025.

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This release was published on openPR.