The global fiber reinforced plastic (FRP) composites market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for FRP composites in various applications such as construction, electrical and electronics, and automotive sectors. The increasing demand for FRP composites in these applications is due to their high strength-to-weight ratio and corrosion resistance properties which make them suitable for use in various industries such as construction, electrical and electronics, automotive sectors etc .
The global fiber reinforced plastic (FRP) composites market has been segmented on the basis of type into glass fibers, carbon fibers, aramid fibers; on the basis of application into motor vehicles, construction industry, electrical & electronics industry; on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- FRP composites are used in a wide range of industries, including aerospace, automotive, and construction.
- The use of FRP composites is expected to grow as the demand for lightweight materials increases.
Industry Growth Insights published a new data on “Fiber Reinforced Plastic (FRP) Composites Market”. The research report is titled “Fiber Reinforced Plastic (FRP) Composites Market research by Types (Glass Fibers, Carbon Fibers, Aramid Fibers, Other), By Applications (Motor Vehicles, Construction, Electrical & Electronics, Consumer Durables, Aircraft & Aerospace, Others), By Players/Companies BASF, DuPont, Owens Corning, PPG Industries, Premix Incorporated, AGY Holding Corporation, AOC, Ferro Corporation, Hanwha Group, Huntsman, Hexcel Corporation, Interplastic Corporation, PolyOne Corporation, Rogers Corporation, RTP Company, Saudi Basic Industries Corporation, Teijin, Schulman (A.) Incorporated, Total, Strongwell Corporation”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiber Reinforced Plastic (FRP) Composites Market Research Report
By Type
Glass Fibers, Carbon Fibers, Aramid Fibers, Other
By Application
Motor Vehicles, Construction, Electrical & Electronics, Consumer Durables, Aircraft & Aerospace, Others
By Companies
BASF, DuPont, Owens Corning, PPG Industries, Premix Incorporated, AGY Holding Corporation, AOC, Ferro Corporation, Hanwha Group, Huntsman, Hexcel Corporation, Interplastic Corporation, PolyOne Corporation, Rogers Corporation, RTP Company, Saudi Basic Industries Corporation, Teijin, Schulman (A.) Incorporated, Total, Strongwell Corporation
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
 Composites Industry Outlook.svg)
Global Fiber Reinforced Plastic (FRP) Composites Market Report Segments:
The global Fiber Reinforced Plastic (FRP) Composites market is segmented on the basis of:
Types
Glass Fibers, Carbon Fibers, Aramid Fibers, Other
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
Motor Vehicles, Construction, Electrical & Electronics, Consumer Durables, Aircraft & Aerospace, 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:
- BASF
- DuPont
- Owens Corning
- PPG Industries
- Premix Incorporated
- AGY Holding Corporation
- AOC
- Ferro Corporation
- Hanwha Group
- Huntsman
- Hexcel Corporation
- Interplastic Corporation
- PolyOne Corporation
- Rogers Corporation
- RTP Company
- Saudi Basic Industries Corporation
- Teijin
- Schulman (A.) Incorporated
- Total
- Strongwell Corporation
 Composites Market Overview.svg)
Highlights of The Fiber Reinforced Plastic (FRP) Composites 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 Fibers
- Carbon Fibers
- Aramid Fibers
- Other
- By Application:
- Motor Vehicles
- Construction
- Electrical & Electronics
- Consumer Durables
- Aircraft & Aerospace
- 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 Plastic (FRP) Composites 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
 Composites Market Statistics.svg)
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 plastic composites (FRP) are a type of composite material that is made up of multiple layers of fiber-reinforced plastic. The fibers in FRP composites help to reinforce the material and make it more durable. This makes FRP composites a popular choice for applications where durability is important, such as aircrafts and boats.
Some of the major players in the fiber reinforced plastic (frp) composites market are BASF, DuPont, Owens Corning, PPG Industries, Premix Incorporated, AGY Holding Corporation, AOC, Ferro Corporation, Hanwha Group, Huntsman, Hexcel Corporation, Interplastic Corporation, PolyOne Corporation, Rogers Corporation, RTP Company, Saudi Basic Industries Corporation, Teijin, Schulman (A.) Incorporated, Total, Strongwell Corporation.
The fiber reinforced plastic (frp) composites market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fiber Reinforced Plastic (FRP) Composites 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 Plastic (FRP) Composites 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 Plastic (FRP) Composites Market - Supply Chain
4.5. Global Fiber Reinforced Plastic (FRP) Composites Market Forecast
4.5.1. Fiber Reinforced Plastic (FRP) Composites Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fiber Reinforced Plastic (FRP) Composites Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fiber Reinforced Plastic (FRP) Composites Market Absolute $ Opportunity
5. Global Fiber Reinforced Plastic (FRP) Composites 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 Plastic (FRP) Composites Market Size and Volume Forecast by Type
5.3.1. Glass Fibers
5.3.2. Carbon Fibers
5.3.3. Aramid Fibers
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fiber Reinforced Plastic (FRP) Composites 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 Plastic (FRP) Composites Market Size and Volume Forecast by Application
6.3.1. Motor Vehicles
6.3.2. Construction
6.3.3. Electrical & Electronics
6.3.4. Consumer Durables
6.3.5. Aircraft & Aerospace
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fiber Reinforced Plastic (FRP) Composites 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 Plastic (FRP) Composites 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 Plastic (FRP) Composites 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 Plastic (FRP) Composites 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 Plastic (FRP) Composites Demand Share Forecast, 2019-2026
9. North America Fiber Reinforced Plastic (FRP) Composites 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 Plastic (FRP) Composites 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 Plastic (FRP) Composites Market Size and Volume Forecast by Application
9.4.1. Motor Vehicles
9.4.2. Construction
9.4.3. Electrical & Electronics
9.4.4. Consumer Durables
9.4.5. Aircraft & Aerospace
9.4.6. 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 Plastic (FRP) Composites Market Size and Volume Forecast by Type
9.7.1. Glass Fibers
9.7.2. Carbon Fibers
9.7.3. Aramid Fibers
9.7.4. Other
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 Plastic (FRP) Composites Demand Share Forecast, 2019-2026
10. Latin America Fiber Reinforced Plastic (FRP) Composites 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 Plastic (FRP) Composites 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 Plastic (FRP) Composites Market Size and Volume Forecast by Application
10.4.1. Motor Vehicles
10.4.2. Construction
10.4.3. Electrical & Electronics
10.4.4. Consumer Durables
10.4.5. Aircraft & Aerospace
10.4.6. 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 Plastic (FRP) Composites Market Size and Volume Forecast by Type
10.7.1. Glass Fibers
10.7.2. Carbon Fibers
10.7.3. Aramid Fibers
10.7.4. Other
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 Plastic (FRP) Composites Demand Share Forecast, 2019-2026
11. Europe Fiber Reinforced Plastic (FRP) Composites 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 Plastic (FRP) Composites 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 Plastic (FRP) Composites Market Size and Volume Forecast by Application
11.4.1. Motor Vehicles
11.4.2. Construction
11.4.3. Electrical & Electronics
11.4.4. Consumer Durables
11.4.5. Aircraft & Aerospace
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fiber Reinforced Plastic (FRP) Composites Market Size and Volume Forecast by Type
11.7.1. Glass Fibers
11.7.2. Carbon Fibers
11.7.3. Aramid Fibers
11.7.4. Other
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 Plastic (FRP) Composites Demand Share, 2019-2026
12. Asia Pacific Fiber Reinforced Plastic (FRP) Composites 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 Plastic (FRP) Composites 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 Plastic (FRP) Composites Market Size and Volume Forecast by Application
12.4.1. Motor Vehicles
12.4.2. Construction
12.4.3. Electrical & Electronics
12.4.4. Consumer Durables
12.4.5. Aircraft & Aerospace
12.4.6. 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 Plastic (FRP) Composites Market Size and Volume Forecast by Type
12.7.1. Glass Fibers
12.7.2. Carbon Fibers
12.7.3. Aramid Fibers
12.7.4. Other
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 Plastic (FRP) Composites Demand Share, 2019-2026
13. Middle East & Africa Fiber Reinforced Plastic (FRP) Composites 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 Plastic (FRP) Composites 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 Plastic (FRP) Composites Market Size and Volume Forecast by Application
13.4.1. Motor Vehicles
13.4.2. Construction
13.4.3. Electrical & Electronics
13.4.4. Consumer Durables
13.4.5. Aircraft & Aerospace
13.4.6. 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 Plastic (FRP) Composites Market Size and Volume Forecast by Type
13.7.1. Glass Fibers
13.7.2. Carbon Fibers
13.7.3. Aramid Fibers
13.7.4. Other
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 Plastic (FRP) Composites Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fiber Reinforced Plastic (FRP) Composites Market: Market Share Analysis
14.2. Fiber Reinforced Plastic (FRP) Composites Distributors and Customers
14.3. Fiber Reinforced Plastic (FRP) Composites Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DuPont
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Owens Corning
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. PPG Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Premix Incorporated
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AGY Holding Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AOC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ferro 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. Hanwha Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Huntsman
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hexcel Corporation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Interplastic Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. PolyOne Corporation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Rogers Corporation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. RTP Company
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Saudi Basic Industries Corporation
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Teijin
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Schulman (A.) Incorporated
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Total
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Strongwell Corporation
14.4.20.1. Overview
14.4.20.2. Financials
