Press release
Fiber-Reinforced Polymer Composites Market to Reach USD 102.01 Billion by 2030 Driven by Transportation, Construction, and Advanced Material Demand
Fiber-Reinforced Polymer Composites Market Size & Trends | Mordor Intelligence
Introduction
The Fiber-Reinforced Polymer Composites Market size is estimated at USD 79.06 billion in 2025 and is forecast to advance to USD 102.01 billion by 2030, registering a 5.23% CAGR during the forecast period. Fiber-reinforced polymers, which combine high-strength fibers with resin matrices, continue to gain wider acceptance across various end-use industries due to their superior strength-to-weight ratio, durability, and corrosion resistance.
The Fiber-Reinforced Polymer Composites Market Share is growing steadily as industries prioritize lightweight and durable materials in applications ranging from building reinforcements to automotive and aerospace structures. Additionally, continuous advancements in resin systems and manufacturing processes are expanding their usage in new design and structural applications worldwide.
Report Overview: https://www.mordorintelligence.com/industry-reports/fiber-reinforced-polymer-frp-composites-market?utm_source=openpr
Key Trends
Transportation Sector Driving Lightweight Material Demand
A key trend shaping the Fiber-Reinforced Polymer Composites Market size is the increased adoption within the transportation sector. Automakers are incorporating glass fiber-reinforced and carbon fiber-reinforced composites in structural and non-structural components to reduce overall vehicle weight. This supports fuel efficiency targets and enhances electric vehicle battery performance due to lightweight body designs. Additionally, the aerospace industry is using advanced CFRP materials in fuselage and wing structures to optimize aircraft operational efficiency and reduce maintenance downtime.
Growth in Building and Construction Applications
Another major trend is the expanding Fiber-Reinforced Polymer Composites Market Share in construction. FRP composites are widely used for strengthening and retrofitting concrete structures, bridges, and historic buildings due to their corrosion resistance, ease of installation, and high tensile strength. As infrastructure rehabilitation projects rise globally, particularly in Asia-Pacific and North America, demand for FRP wraps, rebars, and panels is expected to grow further.
Rising Preference for Thermoplastic Composites
Thermoplastic composites are emerging as a preferred choice within the Fiber-Reinforced Polymer Composites Market due to their recyclability, high impact resistance, and shorter processing cycles compared to thermoset variants. Industries are exploring thermoplastic FRPs in automotive panels, consumer electronics housings, and transportation interiors to achieve cost-efficiency and sustainability targets.
Focus on High-Performance Carbon Fiber Composites
Carbon fiber-reinforced polymers are witnessing rising demand, especially in the aerospace and high-end automotive sectors. Their superior mechanical properties, lightweight profile, and fatigue resistance are crucial for designing critical structural components. Market players are investing in cost-effective manufacturing technologies to expand CFRP availability for wider industrial use, enhancing the overall Fiber-Reinforced Polymer Composites Market Share.
Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/fiber-reinforced-polymer-frp-composites-market?utm_source=openpr
Market Segmentation
The Fiber-Reinforced Polymer Composites Market size is segmented by multiple parameters to address diverse industry needs:
By Fiber Type:
Glass Fiber-Reinforced Polymer (GFRP)
Carbon Fiber-Reinforced Polymer (CFRP)
Others
By Resin Type:
Thermoset
Thermoplastic
By Reinforcement Form:
Rovings
Woven Fabrics and Mats
Others
By End-Use Industry:
Building and Construction
Transportation
Others
By Geography:
Asia-Pacific
North America
Europe
Others
This segmentation indicates that the Fiber-Reinforced Polymer Composites Market Share is distributed across varied sectors and regions, with each segment contributing specific growth opportunities based on regional construction investments, automotive production trends, and industrial development strategies.
Explore Our Full Library of Advanced Materials Research Industry Reports: https://www.mordorintelligence.com/market-analysis/advanced-materials?utm_source=openpr
Key Players
The competitive landscape of the Fiber-Reinforced Polymer Composites Market is led by major manufacturers focused on material innovation, strategic collaborations, and capacity expansion. Key players include:
Owens Corning - A global leader in glass fiber composites used widely in construction and transportation.
Toray Industries, Inc. - Specializes in high-performance carbon fiber-reinforced polymers for aerospace and automotive applications.
Hexcel Corporation - Offers advanced composite solutions for commercial aerospace and defense sectors.
Teijin Limited - Provides carbon and aramid fiber composites for lightweight structural solutions.
SGL Carbon - Supplies carbon-based composites for industrial and mobility markets.
These companies are investing in new resin systems and efficient processing technologies, and expanding their global presence to strengthen their positions in the Fiber-Reinforced Polymer Composites Market.
Explore more insights on the Fiber-Reinforced Polymer Composites Market competitive landscape: https://www.mordorintelligence.com/industry-reports/fiber-reinforced-polymer-frp-composites-market/companies?utm_source=openpr
Conclusion
The Fiber-Reinforced Polymer Composites Market is poised for steady growth in the coming years. Demand is rising across transportation, building and construction, and industrial sectors due to the superior performance characteristics of FRP materials. The market will continue to benefit from wider thermoplastic adoption, strong construction rehabilitation activities, and increased focus on lightweight and sustainability goals in manufacturing.
Overall, with its versatile applications and material advancements, the Fiber-Reinforced Polymer Composites Market is expected to maintain robust momentum and create opportunities for both existing players and new entrants worldwide.
For complete market analysis visit the Mordor Intelligence page: https://www.mordorintelligence.com/industry-reports/fiber-reinforced-polymer-frp-composites-market?utm_source=openpr
Industry Related Reports
Carbon Fiber Market: The Carbon Fiber Market Report Segments the Industry by Raw Material (Polyacrylonitrile (PAN) and Petroleum Pitch and Rayon), Fiber Type (Virgin Fiber (VCF), Recycled Carbon Fiber (RCF), and Others), Application (Composite Materials, Textiles, and More), End-User Industry (Aerospace and Defense, Alternative Energy, Automotive, and More), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).
Get more insights: https://www.mordorintelligence.com/industry-reports/carbon-fiber-market?utm_source=openpr
Glass Fiber Reinforced Polymer Market: The Glass Fiber Reinforced Polymer Market Report Segments the Industry by Resin Type (Polyester, Vinyl Ester, Epoxy, and More), Process (Manual Process, Compression Molding, and More), Fiber Form (Rovings, Chopped Strands Mats, and More), End-User Industry (Energy, Automotive, and More), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa).
Get more insights: https://www.mordorintelligence.com/industry-reports/glass-fiber-reinforced-polymer-gfrp-market?utm_source=openpr
Polyester Staple Fiber (PSF) Market: The Polyester Fiber Market Report Segments the Industry by Product Type (Solid, Hollow), Origin (Virgin, Blended, Recycled), Application (Textile, Home Furnishing, Automotive, Filtration, Construction, Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, Middle-East and Africa).
Get more insights: https://www.mordorintelligence.com/industry-reports/polyester-staple-fiber-psf-market?utm_source=openpr
Nanofiber Market: The Nanofiber Market Report is Segmented by Product Type (Polymeric Nanofiber, Carbon Nanofiber, and More), Application (Water and Air Filtration, Medical, and More), Manufacturing Technology (Electrospinning (Needle-Based), Needle-Less Electrospinning, and More), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa).
Get more insights: https://www.mordorintelligence.com/industry-reports/nanofiber-market?utm_source=openpr
For any inquiries or to access the full report, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com/
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Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
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