Market Overview:
The global fiber reinforced composite market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for lightweight and high-performance materials across different applications. The key players in the global fiber reinforced composite market are BASF SE (Germany), Owens Corning Corporation (US), SGL Group – The Carbon Company (Germany), Hexcel Corporation (US), Teijin Limited (Japan), and Toray Industries, Inc. (Japan). These players have adopted various growth strategies, such as expansions & investments, new product launches, and partnerships & collaborations, to expand their presence in the global fiber reinforced composite market.
Product Definition:
A fiber reinforced composite (FRC) is a material made from two or more constituent materials with significantly different physical or chemical properties that, when combined, produce a material with characteristics different from those of the individual components. The resulting composite material has superior or novel mechanical, thermal, electrical and/or optical properties compared to those of its individual components.
Glass:
Glass fiber reinforced composite (GRC) market is expected to witness significant growth on account of increasing demand from end-use industries such as construction, automotive and marine. Glass fibers are added in various types of composites including thermoset and thermoplastics. Thermoplastics include Polyethylene Terephthalate (PET), Polybutylene Terephthalate (PBT), polyamide, nylon 6,6 etc.
Carbon:
Carbon is one of the important materials used in fiber reinforced composite (FRC) market. It helps to improve mechanical properties such as stiffness, strength and toughness of composites. Carbon fibers are long, thin and hollow fibers which are made from carbon atoms that are bonded together in crystals aligned parallel to the fiber length.
Application Insights:
The automotive application segment led the global market and accounted for more than a 29% share of the overall revenue in 2017. Automotive applications of fiber reinforced composite materials are witnessing significant growth on account of their high strength-to-weight ratio, which makes them suitable for vehicle body structure and chassis. Moreover, growing demand for lightweight vehicles to improve fuel efficiency is expected to propel industry growth over the forecast period.
Building & construction was the second largest application segment in 2017 owing to increasing use of composites in residential & commercial structures such as cladding systems, roofing systems with membranes made up largely of glass fibers or carbon fibers that offer thermal insulation along with aesthetic appeal. In addition, they also find applications such as window frames and sills along with other components that require extra protection against wind & fire hazards due to high resistance offered by aramid fibersglass composites during accidents or incidents involving firecrackers etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness moderate growth over the forecast period owing to stringent government regulations regarding carbon emissions and increasing demand for lightweight vehicles. In addition, growing aerospace industry in the U.S., coupled with a high preference for air travel, is likely to propel product demand over the next eight years.
Asia Pacific emerged as one of the largest markets in 2017 and was valued at USD X million that year.
Growth Factors:
- Increasing demand for lightweight and high-strength materials in automotive and aerospace industries
- Growing popularity of fiber reinforced composites in wind energy sector
- Rising demand for FRP products from construction industry
- Proliferation of advanced manufacturing technologies for fiber reinforced composites
- Growing awareness about the benefits of fiber reinforced composites among end-users
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiber Reinforced Composite Market Research Report
By Type
Glass, Carbon, Aramid, Others
By Application
Automotive, Building & Construction, Aerospace, Electrical & Electronics, Marine, Sports & Leisure, Others
By Companies
Zoltek Corporation, Toray Industries Inc, Quantum Composites, Hexcel Corporation, AGY, Cytec Solvay Group, Plasan Carbon Composites, PolyOne Corporation, TPI Composites, SABIC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Fiber Reinforced Composite Market Report Segments:
The global Fiber Reinforced Composite market is segmented on the basis of:
Types
Glass, Carbon, Aramid, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Building & Construction, Aerospace, Electrical & Electronics, Marine, Sports & Leisure, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zoltek Corporation
- Toray Industries Inc
- Quantum Composites
- Hexcel Corporation
- AGY
- Cytec Solvay Group
- Plasan Carbon Composites
- PolyOne Corporation
- TPI Composites
- SABIC
Highlights of The Fiber Reinforced Composite Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Glass
- Carbon
- Aramid
- Others
- By Application:
- Automotive
- Building & Construction
- Aerospace
- Electrical & Electronics
- Marine
- Sports & Leisure
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fiber Reinforced Composite Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fiber reinforced composite (FRP) is a material made from fibers that are woven or otherwise combined to create a strong, lightweight structure. FRP is often used in applications where strength and weight are important factors, such as boat hulls and aircraft parts.
Some of the major players in the fiber reinforced composite market are Zoltek Corporation, Toray Industries Inc, Quantum Composites, Hexcel Corporation, AGY, Cytec Solvay Group, Plasan Carbon Composites, PolyOne Corporation, TPI Composites, SABIC.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fiber Reinforced Composite Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fiber Reinforced Composite Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fiber Reinforced Composite Market - Supply Chain
4.5. Global Fiber Reinforced Composite Market Forecast
4.5.1. Fiber Reinforced Composite Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fiber Reinforced Composite Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fiber Reinforced Composite Market Absolute $ Opportunity
5. Global Fiber Reinforced Composite Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fiber Reinforced Composite Market Size and Volume Forecast by Type
5.3.1. Glass
5.3.2. Carbon
5.3.3. Aramid
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fiber Reinforced Composite Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fiber Reinforced Composite Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Building & Construction
6.3.3. Aerospace
6.3.4. Electrical & Electronics
6.3.5. Marine
6.3.6. Sports & Leisure
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fiber Reinforced Composite Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fiber Reinforced Composite Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fiber Reinforced Composite Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fiber Reinforced Composite Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fiber Reinforced Composite Demand Share Forecast, 2019-2026
9. North America Fiber Reinforced Composite Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fiber Reinforced Composite Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fiber Reinforced Composite Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Building & Construction
9.4.3. Aerospace
9.4.4. Electrical & Electronics
9.4.5. Marine
9.4.6. Sports & Leisure
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fiber Reinforced Composite Market Size and Volume Forecast by Type
9.7.1. Glass
9.7.2. Carbon
9.7.3. Aramid
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fiber Reinforced Composite Demand Share Forecast, 2019-2026
10. Latin America Fiber Reinforced Composite Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fiber Reinforced Composite Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fiber Reinforced Composite Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Building & Construction
10.4.3. Aerospace
10.4.4. Electrical & Electronics
10.4.5. Marine
10.4.6. Sports & Leisure
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fiber Reinforced Composite Market Size and Volume Forecast by Type
10.7.1. Glass
10.7.2. Carbon
10.7.3. Aramid
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fiber Reinforced Composite Demand Share Forecast, 2019-2026
11. Europe Fiber Reinforced Composite Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fiber Reinforced Composite Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fiber Reinforced Composite Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Building & Construction
11.4.3. Aerospace
11.4.4. Electrical & Electronics
11.4.5. Marine
11.4.6. Sports & Leisure
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fiber Reinforced Composite Market Size and Volume Forecast by Type
11.7.1. Glas
11.7.2. Carbon
11.7.3. Aramid
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fiber Reinforced Composite Demand Share, 2019-2026
12. Asia Pacific Fiber Reinforced Composite Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fiber Reinforced Composite Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fiber Reinforced Composite Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Building & Construction
12.4.3. Aerospace
12.4.4. Electrical & Electronics
12.4.5. Marine
12.4.6. Sports & Leisure
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fiber Reinforced Composite Market Size and Volume Forecast by Type
12.7.1. Glass
12.7.2. Carbon
12.7.3. Aramid
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fiber Reinforced Composite Demand Share, 2019-2026
13. Middle East & Africa Fiber Reinforced Composite Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fiber Reinforced Composite Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fiber Reinforced Composite Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Building & Construction
13.4.3. Aerospace
13.4.4. Electrical & Electronics
13.4.5. Marine
13.4.6. Sports & Leisure
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fiber Reinforced Composite Market Size and Volume Forecast by Type
13.7.1. Glass
13.7.2. Carbon
13.7.3. Aramid
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fiber Reinforced Composite Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fiber Reinforced Composite Market: Market Share Analysis
14.2. Fiber Reinforced Composite Distributors and Customers
14.3. Fiber Reinforced Composite Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zoltek Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Toray Industries Inc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Quantum Composites
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hexcel Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AGY
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cytec Solvay Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Plasan Carbon Composites
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. PolyOne Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TPI Composites
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SABIC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
