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Glass Fiber Reinforced Compound Market Size, Share, Trends, and Forecast: 2024-2030

11-27-2024 07:22 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: QY Research

Glass Fiber Reinforced Compound Market Size, Share, Trends,

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "Glass Fiber Reinforced Compound- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.
 
Glass Fiber Reinforced Compound is a type of composite material that consists of glass fibers embedded in a polymer matrix. Glass Fiber Reinforced Compound can have various properties and characteristics, depending on the type and amount of glass fibers and polymer used. Glass Fiber Reinforced Compound can provide high strength, stiffness, durability, and resistance to heat, corrosion, and impact. Glass Fiber Reinforced Compound is suitable for various applications, such as automotive, aerospace, construction, electrical, and others .
 
【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】 
https://www.qyresearch.com/reports/2927592/glass-fiber-reinforced-compound
 Glass Fiber Reinforced Polymer (GFRP), also known as FRP, is a composite material consisting of glass fiber and resin matrix. It combines the high strength of glass fiber and the molding ability of resin, and has good mechanical properties, corrosion resistance, light weight and high strength.

According to the new market research report "Glass Fiber Reinforced Compound - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the Japan Glass Fiber Reinforced Compound market size is projected to reach USD 2.42 billion by 2030, at a CAGR of 10.4% during the forecast period. 

This report profiles key players of Glass Fiber Reinforced Compound such as Asahi Kasei Plastics, Mitsubishi Chemical Group, RTP Company, etc.

In 2023, the global top 10 Glass Fiber Reinforced Compound players account for 55% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Glass Fiber Reinforced Compound.

In terms of product type, currently Long Glass Fiber Reinforced Compound is the largest segment, hold a share of 70.8%.

In terms of product application, currently Automobile Industry is the largest segment, hold a share of 60.6%.

Drivers

Lightweight demand: With the trend of lightweighting in industries such as automobiles and aerospace, the demand for GFRP has increased.

Environmentally friendly materials: As an environmentally friendly material, GFRP has a promising market prospect.

Technological progress: Japan continues to make progress in GFRP technology, driving market development.

Capacity expansion: As market demand grows, companies may need to expand their production capacity.

Restraints

Raw material costs: Fluctuations in raw material prices may affect the production cost of GFRP.

Production efficiency: There is limited room for improving the production efficiency of GFRP, which may affect market competitiveness.

Environmental regulations: Strict environmental regulations may restrict the production and use of certain GFRP products.

International competition: Japanese companies also face competition from other Asian countries such as South Korea and China.

Opportunities

Emerging applications: Demand for GFRP in renewable energy fields such as wind power and solar energy.

International cooperation: Through international cooperation, Japanese companies can open up new markets and resources.

Industry consolidation: Companies may expand their market share and acquire new technologies through mergers and acquisitions.

 
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
 
The Glass Fiber Reinforced Compound market is segmented as below:
By Company
    AKRO-PLASTIC
    RTP Company
    Mitsubishi Chemical Group
    Asahi Kasei Plastics
    Wittenburg
    PlastiComp
    Dai A Plastic
    Americhem
    Addiplast Group
    Shanghai Songhan Plastics Technology
    Sumitomo Bakelite
    Aerovac
    Gema Polimer
    INTERTEC
    Borealis
    Young Jin Tech
    Xiamen LFT Composite
    Suzhou Xinyite Plastic Technology
 
Segment by Type
    Long Glass Fiber Reinforced Compound
    Short Glass Fiber Reinforced Compound
 
Segment by Application
    Automobile Industry
    Consumer Electronics
    Electrical Industry
    Achitechive
    Others
 
Each chapter of the report provides detailed information for readers to further understand the Glass Fiber Reinforced Compound market:
Chapter 1: Introduces the report scope of the Glass Fiber Reinforced Compound report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of Glass Fiber Reinforced Compound manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various Glass Fiber Reinforced Compound market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)
Chapter 5:  Sales, revenue of Glass Fiber Reinforced Compound in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6:  Sales, revenue of Glass Fiber Reinforced Compound in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
 
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Glass Fiber Reinforced Compound competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Glass Fiber Reinforced Compound comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Glass Fiber Reinforced Compound market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
 
Other relevant reports of QYResearch:
Global Glass Fiber Reinforced Compound Market Research Report 2024
Glass Fiber Reinforced Compound - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Glass Fiber Reinforced Compound - Global Market Insights and Sales Trends 2024
Global Glass Fiber Reinforced Compound Market Research Report 2023
Global Glass Fiber Reinforced Compound Market Insights, Forecast to 2029
Global Glass Fiber Reinforced Compound Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global and United States Glass Fiber Reinforced Compound Market Report & Forecast 2023-2029
 
 

Contact Us:

If you have any queries regarding this report or if you would like further information, please contact us:

QY Research Inc.

Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States

E-mail: global@qyresearch.com

Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)

EN: https://www.qyresearch.com

JP: https://www.qyresearch.co.jp

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting (data is widely cited in prospectuses, annual reports and presentations), industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

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