openPR Logo
Press release

Glass Fiber Reinforced Plastic Composite Material Market to be Resilient by 2025

Glass Fiber Reinforced Plastic Composite Material Market to be

Glass fiber reinforced plastic (GFRP) commonly known as fiberglass is a synthetic amalgamated material made up of plastic and extremely fine fibers of glass. It is the largest segment in the composite industry. GFRP composite material is a relatively low-cost composite material as compared to carbon and other metal fiber composites. From last few decade, this synthetic composite material is in demand for its high strength, light weight, corrosion resistance quality. GFRP products are in high demand in the industries such as wind energy, aerospace, and defense, construction, automotive, etc. for its light weight and corrosion resistant property. Developing countries like China and India are developing their infrastructure; this leads in growth of construction industries which anticipated to drive demand for GFRP composite materials. Market space of GFRP composite material is very competitive, vendors with better access to technical and financial resources are focusing on developing innovative products to render their competitor products before their launch. Most of the key players in this market space have their inbuilt research and development departments.

To access full report @ http://www.persistencemarketresearch.com/market-research/glass-fiber-reinforced-plastic-composite-material-market.asp

Global Glass Fiber Reinforced Plastic (GFRP) Composite Material Market: Drivers & Restraints

An increase in demand for lightweight fiberglass composite in the automotive industry, rise in demand for diverse blade sizes in wind energy industry and infrastructure development in the construction industry are the leading factors behind GFRP market growth worldwide. GFRP composite material can be customized easily as it is versatile and profitable during its manufacturing. This property holds significant growth opportunity in the construction industry. Qualities like durability, thermal efficiency, and strength of fiberglass are attracting its end users.

To meet increasing demand of GFRP composite market, GFRP composite material manufacturer has to face challenges such as availability of raw material, rising price, competition from carbon fiber and changing regulations.

A sample of this report is available upon request @http://www.persistencemarketresearch.com/samples/16870

Global Glass Fiber Reinforced Plastic (GFRP) Composite Material Market: Segmentation

The GFRP composite material market is segmented as per its products, manufacturing processes, end users and geographical use.

On the basis of products, the GFRP composite material market is segmented into:

S- glass
C-glass
E-glass
Other glass
On the basis of manufacturing processes, the GFRP composite material market is segmented into:

Sheet molding process
Bulk molding process
Continuous processing
Spray- up process
Hand lay- up process
GMT and LFRT process
Resin transfer molding process
Other processes
On the basis of GFRP end users, the GFRP composite material market is segmented into:

Transportation sector
Construction and Infrastructure sector
Consumer goods sector
Electrical and electronic sector
Marine and other sectors
To view TOC of this report is available upon request @http://www.persistencemarketresearch.com/toc/16870

Global Glass Fiber Reinforced Plastic (GFRP) Composite Material Market: Regional Outlook

Based on the geographies, Glass fiber reinforced plastic (GFRP) composite material market is segmented into seven regions -- North America GFRP composite material market, Latin America GFRP composite material market, Eastern Europe GFRP composite material market, Western Europe GFRP composite material market, APEJ GFRP composite material market, Japan GFRP composite material market and the Middle East & Africa GFRP composite material market. Among the regions mentioned above, countries such as India, China, Thailand, Vietnam are the developing countries focusing on their infrastructure development that includes new construction, renovation, and repair of the commercial, residential and institutional region. Therefore, Asia Pacific (excluding Japan) along is leading GFRP composite material market space. Followed by North America in transportation sector use. Eastern and Western Europe are more active in research and development activities for developing high quality performing GFRP composite material products. Country wise China emerged as the largest producer, supplier and product consumer for GFRP products, followed by other developing countries like India and Brazil.

Global Glass Fiber Reinforced Plastic (GFRP) Composite Material Market Players

Some of the market players accounting for global (GFRP) composite material market includes Delkom Group, Advanced Glassfiber Yarns (Agy) Llc, Nitto Boseki Co. Ltd., Saint-Gobain Vetrotex, Jushi Group Co. Ltd., Taiwan Glass Ind Corp., Binani 3b-The Fibreglass Company, Ppg Industries Inc., Gradeall International Limited, Changzhou Pengyu Frp Pressure Vessel Co., Ltd. Among listed above players, key vendors identified in this market space are Asahi Glass, Jushi Group, China Beihai Fiberglass, Saint-Gobain, PPG and Nippon Electric Glass.

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research

305 Broadway

7th Floor, New York City,

NY 10007, United States,

USA - Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com

Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Glass Fiber Reinforced Plastic Composite Material Market to be Resilient by 2025 here

News-ID: 646770 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for GFRP

GFRP Composites Market Size, Share and Growth Report, 2034
"The global Glass Fiber Reinforced Plastic (GFRP) composites market is valued at approximately $13.5 billion in 2024, with projections estimating a market value of around $25 billion by 2034. This growth reflects a robust Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period from 2025 to 2034. " Exactitude Consultancy., Ltd. released a research report titled "GFRP Composites Market". This report covers the global GFRP Composites market sales, sales
GFRP Composite Materials Market: Extensive Analysis and Growth Projections|
-The report comes out as an intelligent and thorough assessment tool as well as a great resource that will help you to secure a position of strength in the global GFRP Composite Materials market. It includes Porter's Five Forces and PESTLE analysis to equip your business with critical information and comparative data about the Global GFRP Composite Materials Market. We have provided deep analysis of the vendor landscape to give
Global GFRP Composites Market Analysis (2023-2029)
The global GFRP Composites market size is projected to grow from US$ 30560 million in 2022 to US$ 39040 million in 2029; it is expected to grow at a CAGR of 39040 from 2023 to 2029. Global key players of GFRP composites include BASF, Lanxess, DSM and SABIC, the top four players hold a share over 11%. BASF is the largest producer, with a share of 4%. Asia-Pacific is the
GFRP Rebars Market To Scintillate From 2021-2031
GFRP Rebars Market: Introduction The traditional strengthened concrete members such as beams are composed of concrete included Portland cement and steel rebars reinforcement. The tensile and shear loads will be resisted by steel rebars embedded in the concrete. Recent technologies have resulted in alternative reinforcing materials such as GFRP materials commercially available in the form of bars that can be bonded in concrete members to fulfill several desired properties. Glass fiber
GFRP Composites Market Size & Analysis - Forecast to 2026
As per the research conducted by GME, the Global GFRP Composites Market will grow with a CAGR value of 7.2% from 2021 to 2026. The demand for GFRP composites is driven by low cost, lightweight, elasticity, and resistance. In the shipping sector, the GFRP market has a larger reach. There are many production methods, but compression and injection molding are the most common since they are used in a wide
GFRP Composites Market: Competitive Dynamics & Global Outlook 2025
LP INFORMATION recently released a research report on the GFRP Composites market analysis and elaborate the industry coverage, current market competitive status, and market outlook and forecast by 2025. Moreover, it categorizes the global GFRP Compositesmarket by key players, product type, applications and regions,etc. The main objective of this market research is to help the readers understand the structure of GFRP Compositesmarket, market definition, overview, industry opportunities and trends, investment