Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Glass Fiber Reinforced Polymer Market by Type (Polyester, Vinyl Ester, Epoxy, Polyurethane), By Application (Energy, Automotive, Construction & Infrastructure, Electrical & Electronics, Aerospace & Defense, Healthcare, Consumer Goods, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Glass Fiber Reinforced Polymer Market by Type (Polyester, Vinyl Ester, Epoxy, Polyurethane), By Application (Energy, Automotive, Construction & Infrastructure, Electrical & Electronics, Aerospace & Defense, Healthcare, Consumer Goods, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 313519 4200 Chemical & Material 377 189 Pages 4.7 (35)
                                          

Market Overview:


The global glass fiber reinforced polymer market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and durable materials across various applications. In terms of type, the polyester segment is expected to lead the global glass fiber reinforced polymer market during the forecast period. This can be attributed to its low cost and high strength properties as compared to other types of GFPRs. In terms of application, construction & infrastructure is expected to lead the global glass fiber reinforced polymer market during the forecast period owing to increasing investments in infrastructure development projects across various regions.


Global Glass Fiber Reinforced Polymer Industry Outlook


Product Definition:


A glass fiber reinforced polymer (GFRP) is a composite material made of a matrix of polymers reinforced with glass fibers. The polymer matrix can be made from thermoset plastics such as epoxy, polyester, and vinylester, or thermoplastic materials such as polypropylene (PP), polyamide (PA6), and polycarbonate (PC).


Polyester:


Polyester is a synthetic, heat-resistant fiber that was first developed as an artificial fiber for textile applications. It has excellent resistance to stretching and shrinking, high tensile strength, good elasticity and possesses good abrasion resistance. Polyester fibers are widely used in the manufacturing of fabrics such as apparel & home furnishing fabrics owing to its properties such as wrinkle-proof & easy cleaning characteristics along with high durability.


Vinyl Ester:


Vinyl ester is a polymer and an important additive in the glass fiber reinforced polymer (GFRP) industry. It is produced by chemical synthesis of vinyl alcohol with an alkali catalyst, such as sodium hydroxide or potassium hydroxide. The global demand for vinyl ester has been increasing on account of its wide range of applications in various industries including construction, automotive and electrical & electronics owing to high performance properties at low cost.


Application Insights:


The automotive application segment led the global market and accounted for more than 30.0% share of the overall revenue in 2017. The product is widely used in automotive body panels, including doors, hoods, roofs and trunk lids, as they are lightweight compared to conventional steel or fiberglass counterparts while offering similar strength properties.


The energy sector was one of the major consumers of GRP products with an estimated demand exceeding 1 million tons per year in 2016. Growing demand for electricity generation from renewable sources such as wind energy has resulted in increased investments across various countries to develop this sector further which is expected to propel growth over the forecast period.


Regional Analysis:


North America dominated the global market in terms of revenue in 2017. The region is expected to witness moderate growth over the forecast period owing to a decline in construction spending and anemic automotive sales. Increasing use of glass fiber reinforced polymers for manufacturing lightweight components is anticipated to drive demand over the forecast period.


The Asia Pacific emerged as the fastest-growing regional market from 2018 to 2030, registering a CAGR of XX%. This can be attributed primarily to rising product demand from key application sectors including aerospace & defense, energy & power, healthcare & medical, and consumer goods among others.


Europe accounted for 23% share of total volume in 2017 owing to early adoption by several major automobile manufacturers coupled with high production volumes attained by these companies through their local manufacturing units located throughout Europe especially within Germany.


Growth Factors:


  • Growing demand from the automotive industry for lightweight and durable components
  • Increasing use of GFRP in wind energy applications due to its superior mechanical properties
  • Rising demand for GFRP in construction and infrastructure projects due to its high strength-to-weight ratio
  • Growing popularity of GFRP composites in marine applications due to their corrosion resistance properties
  • Technological advancements that are making GFRP products more affordable and easier to manufacture

Scope Of The Report

Report Attributes

Report Details

Report Title

Glass Fiber Reinforced Polymer Market Research Report

By Type

Polyester, Vinyl Ester, Epoxy, Polyurethane

By Application

Energy, Automotive, Construction & Infrastructure, Electrical & Electronics, Aerospace & Defense, Healthcare, Consumer Goods, Other

By Companies

JEC, Chongqing Polycomp, Owens Corning, PPG, Johns Manville, Saint-Gobain, Nippon Sheet Glass, Binani, BFG, China Beihai Fiberglass, JEC, Jiangsu Jiuding New Material

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

189

Number of Tables & Figures

133

Customization Available

Yes, the report can be customized as per your need.


Global Glass Fiber Reinforced Polymer Market Report Segments:

The global Glass Fiber Reinforced Polymer market is segmented on the basis of:

Types

Polyester, Vinyl Ester, Epoxy, Polyurethane

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

Energy, Automotive, Construction & Infrastructure, Electrical & Electronics, Aerospace & Defense, Healthcare, Consumer Goods, Other

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:

  1. JEC
  2. Chongqing Polycomp
  3. Owens Corning
  4. PPG
  5. Johns Manville
  6. Saint-Gobain
  7. Nippon Sheet Glass
  8. Binani
  9. BFG
  10. China Beihai Fiberglass
  11. JEC
  12. Jiangsu Jiuding New Material

Global Glass Fiber Reinforced Polymer Market Overview


Highlights of The Glass Fiber Reinforced Polymer Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Alpha Hydroxy Acid for Cosmetic Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Polyester
    2. Vinyl Ester
    3. Epoxy
    4. Polyurethane
  1. By Application:

    1. Energy
    2. Automotive
    3. Construction & Infrastructure
    4. Electrical & Electronics
    5. Aerospace & Defense
    6. Healthcare
    7. Consumer Goods
    8. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Glass Fiber Reinforced Polymer 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

Global Glass Fiber Reinforced Polymer Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Glass Fiber Reinforced Polymer Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Glass Fiber Reinforced Polymer Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Glass Fiber Reinforced Polymer Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Glass Fiber Reinforced Polymer Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Glass Fiber Reinforced Polymer Market Size & Forecast, 2020-2028       4.5.1 Glass Fiber Reinforced Polymer Market Size and Y-o-Y Growth       4.5.2 Glass Fiber Reinforced Polymer Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Polyester
      5.2.2 Vinyl Ester
      5.2.3 Epoxy
      5.2.4 Polyurethane
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Energy
      6.2.2 Automotive
      6.2.3 Construction & Infrastructure
      6.2.4 Electrical & Electronics
      6.2.5 Aerospace & Defense
      6.2.6 Healthcare
      6.2.7 Consumer Goods
      6.2.8 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Glass Fiber Reinforced Polymer Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Glass Fiber Reinforced Polymer Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Polyester
      9.6.2 Vinyl Ester
      9.6.3 Epoxy
      9.6.4 Polyurethane
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Energy
      9.10.2 Automotive
      9.10.3 Construction & Infrastructure
      9.10.4 Electrical & Electronics
      9.10.5 Aerospace & Defense
      9.10.6 Healthcare
      9.10.7 Consumer Goods
      9.10.8 Other
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Polyester
      10.6.2 Vinyl Ester
      10.6.3 Epoxy
      10.6.4 Polyurethane
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Energy
      10.10.2 Automotive
      10.10.3 Construction & Infrastructure
      10.10.4 Electrical & Electronics
      10.10.5 Aerospace & Defense
      10.10.6 Healthcare
      10.10.7 Consumer Goods
      10.10.8 Other
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Polyester
      11.6.2 Vinyl Ester
      11.6.3 Epoxy
      11.6.4 Polyurethane
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Energy
      11.10.2 Automotive
      11.10.3 Construction & Infrastructure
      11.10.4 Electrical & Electronics
      11.10.5 Aerospace & Defense
      11.10.6 Healthcare
      11.10.7 Consumer Goods
      11.10.8 Other
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Polyester
      12.6.2 Vinyl Ester
      12.6.3 Epoxy
      12.6.4 Polyurethane
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Energy
      12.10.2 Automotive
      12.10.3 Construction & Infrastructure
      12.10.4 Electrical & Electronics
      12.10.5 Aerospace & Defense
      12.10.6 Healthcare
      12.10.7 Consumer Goods
      12.10.8 Other
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size 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 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Polyester
      13.6.2 Vinyl Ester
      13.6.3 Epoxy
      13.6.4 Polyurethane
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Energy
      13.10.2 Automotive
      13.10.3 Construction & Infrastructure
      13.10.4 Electrical & Electronics
      13.10.5 Aerospace & Defense
      13.10.6 Healthcare
      13.10.7 Consumer Goods
      13.10.8 Other
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Glass Fiber Reinforced Polymer Market: Competitive Dashboard
   14.2 Global Glass Fiber Reinforced Polymer Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 JEC
      14.3.2 Chongqing Polycomp
      14.3.3 Owens Corning
      14.3.4 PPG
      14.3.5 Johns Manville
      14.3.6 Saint-Gobain
      14.3.7 Nippon Sheet Glass
      14.3.8 Binani
      14.3.9 BFG
      14.3.10 China Beihai Fiberglass
      14.3.11 JEC
      14.3.12 Jiangsu Jiuding New Material

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