A new research study from “Data Bridge Market Research” with title Glass Fiber-reinforced Plastics (GFRP) Market Insights 2019, Global Analysis and Forecast to 2026 provides an in-depth assessment of the Women’s Health including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies. Key players profiled in this report are: Owens Corning, JEC Group, PPG Industries, Inc., Johns Manville, Saint-Gobain, AGY, Nippon Sheet Glass Co., Ltd, ASAHI FIBER GLASS Co., Ltd., Braj Binani Group, BGF Industries, Inc., Nitto Boseki Co., Ltd, PFG FIBER GLASS CORPORATION, Celanese Corporation, SAERTEX GmbH & Co. KG, Reliance Industries Limited, Denka Company Limited, RTP Company, Reinforced Plastic Industries, Aeron Composite Pvt. Ltd, FIBREX and others.
Global glass fiber-reinforced plastics (GFRP) market is expected to rise from its initial estimated value by registering a substantial CAGR of 6.70% in the forecast period of 2019-2026. Rising installation of wind energy capacity is the major factor for the growth of this market.
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Segmentation: Global Glass Fiber-reinforced Plastics (GFRP) Market
Global Glass Fiber-reinforced Plastics (GFRP) Market By Resin Type (Polyester, Vinyl Ester, Epoxy, Polyurethane, Thermoplastic, Others)
End- User (Wind Energy, Electrical & Electronics, Transportation, Pipes & Tanks, Construction & Infrastructure, Marine, Aerospace & Defense, Other End-Use Industries)
Manufacturing Process (Compression & Injection Molding Process, Layup, Filament Winding, Pultrusion, Resin Transfer Molding (RTM), Other Manufacturing Processes)
Process (Manual, Continuous, Compression Molding, Injection Molding)
Form (Rebar, Powder, Sheet, Panel, Rolls, Others)
Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Drivers:
- Rising construction activities in developing countries is driving the growth of this market
- Increasing demand of GFRP in transportation industry is another factor driving the market growth
- Growing number of wind energy capacity installations will drive the market growth
- Rising usage of GFRP composite pipes in sewage & water management will also accelerate the growth of the market
Market Restraints:
- High production cost is restraining the growth of this market
- Increasing recyclability issue is another factor restraining the market growth
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Key Developments in the Market:
- In February 2019, SABIC announced the launch of their Stamax Stadeck which is specially designed for building and construction market. They are lighter than the wooden planks and have high durability. They are constructed in such a way that these panels can stay outdoors for long periods without rotting or corroding. They are very suitable for fencing, sheathing, decking, wheel chair ramps among others
- In July 2017, Owens Corning Infrastructure Solutions announced that they have acquired Aslan FRP. This acquisition will help the company to expand themselves globally and to add new products and solutions through which they can upgrade the performance of concrete structures. It is lighter-weight and is more corrosion-resistant than conventional steel reinforcements
Competitive Analysis:
Global glass fiber-reinforced plastics (GFRP) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of glass fiber-reinforced plastics (GFRP) market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Some of the key questions answered in this report:
- Detailed Overview of Global glass fiber-reinforced plastics (GFRP) market helps deliver clients and businesses making strategies.
- Influential factors that are thriving demand and constraints in the market.
- What is the market concentration? Is it fragmented or highly concentrated?
- What trends, challenges and barriers will impact the development and sizing of Global glass fiber-reinforced plastics (GFRP) market?
- SWOT Analysis of each key players mentioned along with its company profile with the help of Porter’s five forces tool mechanism to compliment the same.
- What growth momentum or acceleration market carries during the forecast period?
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Related Report-
Glass fiber-reinforced plastics (GFRP) are produced by the fiber glass and are used widely in commercial and industrial applications due to their lightweight and durability.
They usually have high tensile strength and flexibility as compared to the metals.
These materials are widely used in industries like aerospace, construction, automotive, marine, electrical and others.
Some of the leading key players profiled in this study: Few of the major competitors currently working in global glass fiber-reinforced plastics (GFRP) market are Owens Corning, JEC Group, PPG Industries, Inc., Johns Manville, Saint-Gobain, AGY, Nippon Sheet Glass Co., Ltd, ASAHI FIBER GLASS Co., Ltd., Braj Binani Group, BGF Industries, Inc., Nitto Boseki Co., Ltd, PFG FIBER GLASS CORPORATION, Celanese Corporation, SAERTEX GmbH & Co. KG, Reliance Industries Limited, Denka Company Limited, RTP Company, Reinforced Plastic Industries, Aeron Composite Pvt.
Ltd, FIBREX and others.Global glass fiber-reinforced plastics (GFRP) market is expected to rise from its initial estimated value by registering a substantial CAGR of 6.70% in the forecast period of 2019-2026.
Rising installation of wind energy capacity is the major factor for the growth of this market.Get Exclusive Sample Report: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-glass-fiber-reinforced-plastics-gfrp-marketMarket Drivers:Rising construction activities in developing countries is driving the growth of this marketIncreasing demand of GFRP in transportation industry is another factor driving the market growthGrowing number of wind energy capacity installations will drive the market growthRising usage of GFRP composite pipes in sewage & water management will also accelerate the growth of the marketMarket Restraints:High production cost is restraining the growth of this marketIncreasing recyclability issue is another factor restraining the market growthKey Developments in the Market:In February 2019, SABIC announced the launch of their Stamax Stadeck which is specially designed for building and construction market.
Global Glass Fiber Reinforced Plastics (GFRP) Composites Market is accounted for $46.74 billion in 2020 and is expected to reach $89.11 billion by 2028 growing at a CAGR of 8.4% during the forecast period.
Growing adoption in the transportation industry, rise in the number of wind energy capacity installations and increasing usage in construction and infrastructure are driving the market growth.
However, high manufacturing and processing are hampering the growth of the market.Glass fiber reinforced plastic (GFRP) is a synthetic amalgamated material made up of plastic and extremely fine fibers of glass.
GFRP composite material is a relatively low-cost composite material as compared to carbon and other metal fiber composites and is used in a wide range of industry applications.Based on the resin type, the polyester segment is going to have lucrative growth during the forecast period which can be attributed to their corrosion resistance and superior performance properties.
They are used in a wide range of applications like aircraft, electronics components, automotive and railways among many others.Request for Sample with Complete TOC and Figures & Graphs @ https://www.trendsmarketresearch.com/report/sample/13693By geography, Asia Pacific is going to have high growth during the forecast period due to the rise in consumption of GFRP composites in several industries such as wind energy, construction & infrastructure, electrical & electronics, and transportation.Some of the key players profiled in the Glass Fiber Reinforced Plastics (GFRP) Composites Market include Advanced Composites, Inc., Agy Holdings Corp., Asahi Fiber Glass Co., Ltd., BGF Industries, Inc., Celanese Corporation, China Beihai Fiberglass Co. Ltd., China National Building Materials Group Co., Ltd., Chongqing Polycomp International Corporation, Jiangsu Jiuding New Materials Co., Ltd., John Manville, Nippon Sheet Glass Co., Ltd., Nitto Boseki Co., Ltd., Owens Corning, Pfg Fiberglass Corporation and PPG Industries, Inc.Forms Covered:• Panel• Powder• Rebar• Rolls• SheetResin Types Covered:• Epoxy• Fillers• Glass Fiber• Polyester• Polyurethane• Thermoplastic Resins• Thermoset Resins• Vinyl Ester• Other Resin TypesManufacturing Processes Covered:• Compression & Injection Molding Process• Continuous• Filament Winding• Layup• Manual• Pultrusion• Resin Transfer Molding (RTM)Direct Purchase this Market Research Report Now @ https://www.trendsmarketresearch.com/checkout/13693/SingleTypes Covered:• General-Purpose Glass Fibers• Special-Purpose Glass FibersSales Channels Covered:• Direct Sales• DistributorEnd Users Covered:• Electrical & Electronics• Wind Energy Turbines• Transportation• Pipes & Tanks• Construction & Infrastructure• Marine• Aerospace & Defense• Other End UsersRegions Covered:• North Americao USo Canadao Mexico• Europeo Germanyo UKo Italyo Franceo Spaino Rest of Europe• Asia Pacifico Japano Chinao Indiao Australiao New Zealando South Koreao Rest of Asia Pacific• South Americao Argentinao Brazilo Chileo Rest of South America• Middle East & Africao Saudi Arabiao UAEo Qataro South Africao Rest of Middle East & AfricaGet Discount On The Purchase Of This Report @ https://www.trendsmarketresearch.com/report/discount/13693What our report offers:– Market share assessments for the regional and country-level segments– Strategic recommendations for the new entrants– Covers Market data for the years 2019, 2020, 2021, 2025 and 2028– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)– Strategic recommendations in key business segments based on the market estimations– Competitive landscaping mapping the key common trends– Company profiling with detailed strategies, financials, and recent developments– Supply chain trends mapping the latest technological advancementsFree Customization Offerings:All the customers of this report will be entitled to receive one of the following free customization options:• Company Profilingo Comprehensive profiling of additional market players (up to 3)o SWOT Analysis of key players (up to 3)• Regional Segmentationo Market estimations, Forecasts and CAGR of any prominent country as per the client’s interest (Note: Depends on feasibility check)• Competitive Benchmarkingo Benchmarking of key players based on product portfolio, geographical presence, and strategic alliancesGet Discount On The Purchase Of This Report @ https://www.trendsmarketresearch.com/report/discount/3657Understand the specific dynamics influencing the market – key using factors, challenges, and hidden opportunities.
Glass Fiber Reinforced Polymer (GFRP) market is segmented by region (country), players, by Type, and by Application.
Players, stakeholders, and other participants in the global Glass Fiber Reinforced Polymer (GFRP) market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Glass Fiber Reinforced Polymer (GFRP) market is segmented into:General-Purpose Glass FibersSpecial-Purpose Glass FibersDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/59631/global-china-glass-fiber-reinforced-polymer-2026-808Segment by Application, the Glass Fiber Reinforced Polymer (GFRP) market is segmented into:Wind EnergyTransportationMarinePipes & TanksConstruction & InfrastructureElectrical & ElectronicsAerospace & DefenseOtherRegional and Country-level Analysis:The Glass Fiber Reinforced Polymer (GFRP) market is analysed and market size information is provided by regions (countries).The key regions covered in the Glass Fiber Reinforced Polymer (GFRP) market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Glass Fiber Reinforced Polymer (GFRP) Market Share Analysis:Glass Fiber Reinforced Polymer (GFRP) market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
