The global FRP panel market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of the market can be attributed to the increasing demand for FRP panels in various applications such as building and construction, recreational vehicles, and truck & trailers. The growing demand for FRP panels 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 automotive, aerospace, marine, and construction.
The global glass fiber reinforced polymer (GFRP) composites segment accounted for the largest share of the market in 2018 owing to its high strength-to-weight ratio which makes it suitable for use in various industries such as automotive, aerospace, marine and construction. GFRPs are also used extensively by manufacturers due to their low cost compared with other composite materials like carbon fiber reinforced polymers (CFRPs). CFRPs are expected to witness significant growth during the forecast period owing to their superior mechanical properties compared with GFRPs.
Some Of The Growth Factors Of This Market:
- FRP panels are a cost-effective alternative to traditional materials such as concrete and steel.
- FRP panels are lightweight, which makes them easier to transport and install than other building materials.
- FRP panels can be used for both interior and exterior applications, which means they can be used in a variety of climates without the need for additional insulation or cladding.
- The use of FRP panels is environmentally friendly because they do not require any form of chemical treatment during production or installation, unlike other building materials such as concrete that require cementitious additives during production that release harmful gases into the atmosphere when burned in the kiln process to harden it before installation on site; this also reduces the amount of waste generated by construction projects using these types of materials because there is no need for hazardous waste disposal at end-of-life stages like with other building products like steel and concrete; this also reduces the amount of energy required to produce these types of products because there is no need for high heat processes like with other building products like steel and concrete; this also reduces the amount of water required to produce these types due to their low water content compared with other building products like steel and concrete; this also reduces CO2 emissions from manufacturing plants due to their low carbon content compared with other building products like steel and concrete.
- The use of FRP panels has been shown in studies conducted by independent research institutes around the world (e.g., University College London) that show that buildings constructed using these types have lower levels (upwards up 50%) than those constructed using traditional methods.
Industry Growth Insights published a new data on “FRP Panel Market”. The research report is titled “FRP Panel Market research by Types (Glass Fiber Reinforced Polymer (GFRP) Composites, Carbon Fiber Reinforced Polymer (CFRP) Composites, Basalt Fiber Reinforced Polymer (BFRP) Composites, Aramid Fiber Reinforced Polymer (AFRP) Composites, Others), By Applications (Recreational Vehicles, Building & Construction, Truck & Trailers, Others), By Players/Companies Crane Composites, Glasteel, U.S. Liner, Brianza Plastica, Optiplan, Polser, Panolam, LAMILUX Heinrich Strunz, Vetroresina, Dongguang Higoal, C-Sco, Everest”.
Scope Of The Report
Report Attributes
Report Details
Report Title
FRP Panel Market Research Report
By Type
Glass Fiber Reinforced Polymer (GFRP) Composites, Carbon Fiber Reinforced Polymer (CFRP) Composites, Basalt Fiber Reinforced Polymer (BFRP) Composites, Aramid Fiber Reinforced Polymer (AFRP) Composites, Others
By Application
Recreational Vehicles, Building & Construction, Truck & Trailers, Others
By Companies
Crane Composites, Glasteel, U.S. Liner, Brianza Plastica, Optiplan, Polser, Panolam, LAMILUX Heinrich Strunz, Vetroresina, Dongguang Higoal, C-Sco, Everest
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global FRP Panel Market Report Segments:
The global FRP Panel market is segmented on the basis of:
Types
Glass Fiber Reinforced Polymer (GFRP) Composites, Carbon Fiber Reinforced Polymer (CFRP) Composites, Basalt Fiber Reinforced Polymer (BFRP) Composites, Aramid Fiber Reinforced Polymer (AFRP) Composites, 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
Recreational Vehicles, Building & Construction, Truck & Trailers, 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:
- Crane Composites
- Glasteel
- U.S. Liner
- Brianza Plastica
- Optiplan
- Polser
- Panolam
- LAMILUX Heinrich Strunz
- Vetroresina
- Dongguang Higoal
- C-Sco
- Everest
Highlights of The FRP Panel 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 Fiber Reinforced Polymer (GFRP) Composites
- Carbon Fiber Reinforced Polymer (CFRP) Composites
- Basalt Fiber Reinforced Polymer (BFRP) Composites
- Aramid Fiber Reinforced Polymer (AFRP) Composites
- Others
- By Application:
- Recreational Vehicles
- Building & Construction
- Truck & Trailers
- 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 FRP Panel 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
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- Understanding Competition Scenario
- Product & Brand Management
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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?
FRP Panel is a type of panel that is made from fiberglass-reinforced plastic. This type of panel is often used in construction because it is strong and can be easily repaired if it becomes damaged.
Some of the major companies in the frp panel market are Crane Composites, Glasteel, U.S. Liner, Brianza Plastica, Optiplan, Polser, Panolam, LAMILUX Heinrich Strunz, Vetroresina, Dongguang Higoal, C-Sco, Everest.
The frp panel market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. FRP Panel 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. FRP Panel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. FRP Panel Market - Supply Chain
4.5. Global FRP Panel Market Forecast
4.5.1. FRP Panel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. FRP Panel Market Size (000 Units) and Y-o-Y Growth
4.5.3. FRP Panel Market Absolute $ Opportunity
5. Global FRP Panel 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. FRP Panel Market Size and Volume Forecast by Type
5.3.1. Glass Fiber Reinforced Polymer (GFRP) Composites
5.3.2. Carbon Fiber Reinforced Polymer (CFRP) Composites
5.3.3. Basalt Fiber Reinforced Polymer (BFRP) Composites
5.3.4. Aramid Fiber Reinforced Polymer (AFRP) Composites
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global FRP Panel 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. FRP Panel Market Size and Volume Forecast by Application
6.3.1. Recreational Vehicles
6.3.2. Building & Construction
6.3.3. Truck & Trailers
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global FRP Panel 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. FRP Panel 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 FRP Panel 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. FRP Panel 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 FRP Panel Demand Share Forecast, 2019-2026
9. North America FRP Panel 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 FRP Panel 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 FRP Panel Market Size and Volume Forecast by Application
9.4.1. Recreational Vehicles
9.4.2. Building & Construction
9.4.3. Truck & Trailers
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America FRP Panel Market Size and Volume Forecast by Type
9.7.1. Glass Fiber Reinforced Polymer (GFRP) Composites
9.7.2. Carbon Fiber Reinforced Polymer (CFRP) Composites
9.7.3. Basalt Fiber Reinforced Polymer (BFRP) Composites
9.7.4. Aramid Fiber Reinforced Polymer (AFRP) Composites
9.7.5. 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 FRP Panel Demand Share Forecast, 2019-2026
10. Latin America FRP Panel 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 FRP Panel 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 FRP Panel Market Size and Volume Forecast by Application
10.4.1. Recreational Vehicles
10.4.2. Building & Construction
10.4.3. Truck & Trailers
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America FRP Panel Market Size and Volume Forecast by Type
10.7.1. Glass Fiber Reinforced Polymer (GFRP) Composites
10.7.2. Carbon Fiber Reinforced Polymer (CFRP) Composites
10.7.3. Basalt Fiber Reinforced Polymer (BFRP) Composites
10.7.4. Aramid Fiber Reinforced Polymer (AFRP) Composites
10.7.5. 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 FRP Panel Demand Share Forecast, 2019-2026
11. Europe FRP Panel 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 FRP Panel 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 FRP Panel Market Size and Volume Forecast by Application
11.4.1. Recreational Vehicles
11.4.2. Building & Construction
11.4.3. Truck & Trailers
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe FRP Panel Market Size and Volume Forecast by Type
11.7.1. Glass Fiber Reinforced Polymer (GFRP) Composites
11.7.2. Carbon Fiber Reinforced Polymer (CFRP) Composites
11.7.3. Basalt Fiber Reinforced Polymer (BFRP) Composites
11.7.4 Aramid Fiber Reinforced Polymer (AFRP) Composites
11.7.5. 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 FRP Panel Demand Share, 2019-2026
12. Asia Pacific FRP Panel 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 FRP Panel 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 FRP Panel Market Size and Volume Forecast by Application
12.4.1. Recreational Vehicles
12.4.2. Building & Construction
12.4.3. Truck & Trailers
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific FRP Panel Market Size and Volume Forecast by Type
12.7.1. Glass Fiber Reinforced Polymer (GFRP) Composites
12.7.2. Carbon Fiber Reinforced Polymer (CFRP) Composites
12.7.3. Basalt Fiber Reinforced Polymer (BFRP) Composites
12.7.4. Aramid Fiber Reinforced Polymer (AFRP) Composites
12.7.5. 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 FRP Panel Demand Share, 2019-2026
13. Middle East & Africa FRP Panel 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 FRP Panel 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 FRP Panel Market Size and Volume Forecast by Application
13.4.1. Recreational Vehicles
13.4.2. Building & Construction
13.4.3. Truck & Trailers
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa FRP Panel Market Size and Volume Forecast by Type
13.7.1. Glass Fiber Reinforced Polymer (GFRP) Composites
13.7.2. Carbon Fiber Reinforced Polymer (CFRP) Composites
13.7.3. Basalt Fiber Reinforced Polymer (BFRP) Composites
13.7.4. Aramid Fiber Reinforced Polymer (AFRP) Composites
13.7.5. 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 FRP Panel Demand Share, 2019-2026
14. Competition Landscape
14.1. Global FRP Panel Market: Market Share Analysis
14.2. FRP Panel Distributors and Customers
14.3. FRP Panel Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Crane Composites
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Glasteel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. U.S. Liner
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Brianza Plastica
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Optiplan
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Polser
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Panolam
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. LAMILUX Heinrich Strunz
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Vetroresina
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dongguang Higoal
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. C-Sco
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Everest
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
