GFRP Composites Market

The Exactitude Consultancy has updated its global market reports with latest data for 2024 and projections up to 2030

LUTON, BEDFORDSHIRE, UNITED KINGDOM, March 26, 2024 /EINPresswire.com/ -- The GFRP composites market is expected to grow at 9.54% CAGR from 2024-2030. It is expected to reach above USD 43.53 billion by 2030 from USD 14.47 billion in 2023.

Glass fiber reinforced plastic composites, commonly known as fiberglass composites, represent a class of materials composed of a polymer matrix reinforced with glass fibers. These composites are vital in a variety of sectors because of their outstanding strength, durability, and adaptability. Glass fibers, which are thin strands made from melted glass, are mixed with a polymer like epoxy, polyester, or vinyl ester resin to create these composites.

This combination results in a material with remarkable properties, blending the lightweight nature of polymers with the high strength-to-weight ratio of glass fibers. This composite has several applications including aerospace and automotive, as well as construction, marine, sports equipment, and consumer goods. The unique properties of fiberglass composites, including corrosion resistance, electrical insulation, and thermal stability, contribute to their widespread use and the continued search for innovative solutions in a wide range of sectors.

𝐅𝐨𝐫 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

https://exactitudeconsultancy.com/reports/16433/gfrp-composites-market/#request-a-sample

𝐘𝐞𝐚𝐫 𝐂𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐞𝐝 𝐭𝐨 𝐄𝐬𝐭𝐢𝐦𝐚𝐭𝐞 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞:

Base Year of the Analysis: 2023
Historical Period: 2018–2023
Forecast Period: 2024–2030

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

The GFRP Composites market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to GFRP Composites market.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐊𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐫𝐞:

Major players in the GFRP Composites Market are identified through secondary research and their market revenues determined through primary and secondary research are: Johns Manville, BGF Industries, Asahi Glass Company Limited, Advanced Glassfiber Yarns LLC, Chomarat Group, Jushi Group Co. Ltd, Taishan Fiberglass Inc, Owens Corning, PPG Industries Inc, Binani 3B-The Fibreglass Company, Saertex Group, Chongqing Polycomp International Corp, Saint-Gobain Vetrotex, Nitto Boseki Co. Ltd, Nippon Sheet Glass Co. Ltd., and Others.

𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐍𝐞𝐰𝐬:

In May 2022, Asahi India Glass Ltd approved its 100% acquisition of the Shield Autoglass Company.

In Mar 2022, Saint Gobain announced its investment of around INR 500 crore to expand its business in India. The company started its manufacturing for float glass, window lines, and other services.

In July 2017, Owens Corning Infrastructure acquired the United States-based Aslan FRP Company to expand the business and made new infrastructure, such as buildings, marine, roads, and tunnels.

𝐆𝐅𝐑𝐏 𝐂𝐨𝐦𝐩𝐨𝐬𝐢𝐭𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

GFRP Composites Market 𝗕𝘆 𝗥𝗲𝘀𝗶𝗻 𝗧𝘆𝗽𝗲, 2020-2029, (USD Billion), (Kilotons)

Thermoplastic

Polyurethane

Polyester

Epoxy

Vinyl Ester

Others

GFRP Composites Market 𝗕𝘆 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴 𝗣𝗿𝗼𝗰𝗲𝘀𝘀, 2020-2029, (USD Billion), (Kilotons)

Injection Molding

Filaments

Compression Molding

RTM & VARTM

Layup

Others

GFRP Composites Market 𝗕𝘆 𝗘𝗻𝗱 𝗨𝘀𝗲𝗿, 2020-2029, (USD Billion), (Kilotons)

Transportation

Renewable Energy

Electric & Electronics

Military & Defense

Telecommunication

Building & Construction

Others

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

Asia-Pacific garnered the largest share in 2022. The glass fiber reinforced plastics (GFRP) composites market in Asia-Pacific is experiencing robust growth, driven by increasing demand across the construction, automotive, and aerospace industries. The region's economic expansion, technological advancements, and emphasis on lightweight materials contribute to GFRP's popularity. Key players are investing in research and development, further fueling market expansion.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐒𝐮𝐦𝐦𝐚𝐫𝐲 𝐚𝐧𝐝 𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭:

https://exactitudeconsultancy.com/reports/16433/gfrp-composites-market/

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬:

⏩ This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of GFRP Composites market.

⏩ A descriptive analysis of demand-supply gap, estimation and forecast in the global GFRP Composites market.

⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this GFRP Composites Market

𝐀𝐦𝐨𝐧𝐠 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭’𝐬 𝐩𝐫𝐢𝐦𝐚𝐫𝐲 𝐨𝐟𝐟𝐞𝐫𝐬 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠:

GFRP Composites definition, synopsis, and product specification are included in the research. It also identifies market-related obstacles and opportunities.

An in-depth study of the market for GFRP Composites products, including regional evaluations and competitive analyses on a global, regional, and local scale.

Indicators influencing market scenarios, development patterns, growth plans, as well as major regional enterprises fundamental to the market, are identified and highlighted.

A comprehensive section on the market’s competitive landscape includes company profiles, strategic activities, and market shares for the industry’s major competitors.

Various macro- and micro-level influences on the Global GFRP Composites market is identified and analyzed in the study.

Offers a detailed overview of the leading participants in the industry, as well as an analysis of their present strategic goals and critical financial data.

𝐅𝐫𝐞𝐪𝐮𝐞𝐧𝐭𝐥𝐲 𝐀𝐬𝐤𝐞𝐝 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬:

☑ What does this report covers?

☑ Does this report estimates the current market size?

☑ What are the key Segments offered in this report?

☑ Which market dynamics are covered in this report?

☑ Does this report offer customization?

𝐖𝐞 𝐨𝐟𝐟𝐞𝐫 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫’𝐬 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭:

– country-level analysis for the 5 countries of your choice.

– competitive analysis of 5 key market players.

– 40 free analyst hours to cover any other data point.

𝐑𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐞𝐝 𝐑𝐞𝐚𝐝𝐢𝐧𝐠𝐬:

𝗘𝘅𝗽𝗮𝗻𝗱𝗲𝗱 𝗣𝗼𝗹𝘆𝗽𝗿𝗼𝗽𝘆𝗹𝗲𝗻𝗲 (𝗘𝗣𝗣) 𝗙𝗼𝗮𝗺 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/26204/expanded-polypropylene-epp-foam-market/

𝗦𝗽𝗲𝗰𝗶𝗮𝗹𝘁𝘆 𝗣𝗮𝗽𝗲𝗿 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/19398/specialty-paper-market

𝗠𝗲𝗺𝗯𝗿𝗮𝗻𝗲 𝗯𝗶𝗼𝗿𝗲𝗮𝗰𝘁𝗼𝗿 𝘀𝘆𝘀𝘁𝗲𝗺 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/16742/membrane-bioreactor-system-market/

𝗘𝗽𝗼𝘅𝘆 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/26716/epoxy-market/

𝗣𝗹𝗮𝘀𝘁𝗶𝗰 𝗦𝘁𝗿𝗮𝗽𝘀 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/25912/plastic-straps-market/

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

𝐂𝐨𝐧𝐧𝐞𝐜𝐭 𝐔𝐬:

Irfan T
Exactitude Consultancy
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