Press release
Glass Fiber Reinforced Plastic Composites Market Expected to Reach USD 102.53 Bn. by 2029 (2023-2029)
According to a new report, the global glass fiber reinforced plastic composites market is expected to grow at a CAGR of 7.33percent during the forecast period and reach USD 58.22 Bn. by 2021 from USD 102.53 Bn in 2029.Glass Fibre Reinforced Plastic Composites Market Report Scope and Research Methodology
The report includes an analysis of the impact of the COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. It covers the current short-term and long-term impact on the market, which will help decision-makers prepare the outline for short-term and long-term strategies for companies by region.
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The research methodology involved primary and secondary research to gather data from a variety of sources. The report also includes Porter's Five Forces analysis, SWOT analysis, and a detailed profile of key players in the market.
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What are Glass Fibre Reinforced Plastic Composites Market Dynamics?
Key players across the automotive, construction & infrastructure, and aerospace & defense segments are likely to utilize composite materials that are lighter, cheaper, and stronger. The escalating demand from the automotive sector is due to its ability to enhance fuel efficiency in vehicles through reduced weight.
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However, the high cost of production and limited recyclability of glass fiber reinforced plastic composites are expected to hinder market growth.
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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 the increasing demand from countries like India and China owing to growing industrialization and the increasing demand for environmentally friendly products.
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What is the Glass Fibre Reinforced Plastic Composites Market Segmentation?
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
Who are the Glass Fibre Reinforced Plastic Composites Market Key Players?
• Huntsman Corporation (US)
• Scott Bader (UK)
• Gurit Holding (Switzerland)
• Owens Corning (US)
• CPIC (China)
• Jushi Group (China)
• PPG Industries (US)
• Taishan Fiberglass (China)
Table of content for the Glass Fibre Reinforced Plastic Composites Market includes:
Global Glass Fibre Reinforced Plastic Composites Market: Research Methodology
Global Glass Fibre Reinforced Plastic Composites Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Glass Fibre Reinforced Plastic Composites Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Glass Fibre Reinforced Plastic Composites Market Segmentation
Global Market, by Resin Type (2021-2029)
Global Market, by Manufacturing Process (2021-2029)
Global Market, by End-Use Industry (2021-2029)
Regional Global Premium Spirits Market(2021-2029)
Regional Market, by Resin Type (2021-2029)
Regional Market, by Manufacturing Process (2021-2029)
Regional Market, by End-Use Industry (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product Resin Type, Manufacturing Process and End-Use Industry
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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