Press release
Fiber Reinforced Polymer (FRP) Composites Market Projected to Exhibit Growth at a CAGR of 44640 by 2029
The global Fiber Reinforced Polymer (FRP) Composites market size is projected to grow from US$ 32260 million in 2022 to US$ 44640 million in 2029; it is expected to grow at a CAGR of 44640 from 2023 to 2029.The key manufactures of Fiber Reinforced Polymer (FRP) Composites in the world are BASF, DuPont, Lanxess, DSM, Kingfa, Avient, LG Chemical, Celanese and Hexcel, among which the market share of the top five producers is close to 10%, and the largest manufactures is BASF. The global production of fiber reinforced polymer (FRP) composites is mainly distributed in North America, Europe, China and Japan. The market share of the top three production regions exceeds 70%, and China is currently the largest production region. In terms of its products, the growth rate of carbon fiber reinforced polymer (CFRP) composites is relatively fast, with glass fiber reinforced polymer (GFRP) composites accounting for more than 70% of the market share, followed by carbon fiber reinforced polymer (CFRP) composites and aramid fiber reinforced polymer (AFRP) composites. In terms of its application, automotive is its largest application field, with a market share of more than 30%, followed by construction, electronics and national defense.
Fiber Reinforced Polymer (or Fiber Reinforced Plastic, referred to as FRP) is formed by reinforcing fiber materials, such as glass fiber, carbon fiber, aramid fiber, etc., and matrix materials through winding, molding or pultrusion composite material. According to different reinforcing materials, common fiber reinforced composites are divided into glass fiber reinforced composites (GFRP), carbon fiber reinforced composites (CFRP) and aramid fiber reinforced composites (AFRP).
LPI (LP Information)' newest research report, the "Fiber Reinforced Polymer (FRP) Composites Industry Forecast" looks at past sales and reviews total world Fiber Reinforced Polymer (FRP) Composites sales in 2022, providing a comprehensive analysis by region and market sector of projected Fiber Reinforced Polymer (FRP) Composites sales for 2023 through 2029. With Fiber Reinforced Polymer (FRP) Composites sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fiber Reinforced Polymer (FRP) Composites industry.
This Insight Report provides a comprehensive analysis of the global Fiber Reinforced Polymer (FRP) Composites landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fiber Reinforced Polymer (FRP) Composites portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fiber Reinforced Polymer (FRP) Composites market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fiber Reinforced Polymer (FRP) Composites and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fiber Reinforced Polymer (FRP) Composites.
This report presents a comprehensive overview, market shares, and growth opportunities of Fiber Reinforced Polymer (FRP) Composites market by product type, application, key manufacturers and key regions and countries.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fiber Reinforced Polymer (FRP) Composites market?
What factors are driving Fiber Reinforced Polymer (FRP) Composites market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fiber Reinforced Polymer (FRP) Composites market opportunities vary by end market size?
How does Fiber Reinforced Polymer (FRP) Composites break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Request Sample Report and Full Report TOC:
https://www.lpinformationdata.com/reports/529436/fiber-reinforced-polymer-frp-composites-2029
Strategic Points Covered in TOC:
Chapter 1: Scope of Fiber Reinforced Polymer (FRP) Composites, Research Methodology, etc.
Chapter 2: Executive Summary, global Fiber Reinforced Polymer (FRP) Composites market size (sales and revenue) and CAGR, Fiber Reinforced Polymer (FRP) Composites market size by region, by type, by application, historical data from 2017 to 2023, and forecast to 2029.
Chapter 3: Fiber Reinforced Polymer (FRP) Composites sales, revenue, average price, global market share, and industry ranking by company, 2017-2023
Chapter 4: Global Fiber Reinforced Polymer (FRP) Composites sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Fiber Reinforced Polymer (FRP) Composites market size forecast by region, by country, by type, and application.
Chapter 13: the key raw materials and key suppliers, and industry chain of Fiber Reinforced Polymer (FRP) Composites.
Chapter 14: Research Findings and Conclusion
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