Glass Fiber Reinforced Plastics (GFRP) Composites Market (Updated Version Available)

Glass fibers are the materials consisting of extremely fine glass fibers, used in making various products, such as yarns, fabrics, insulators, and structural objects or parts. It is also called spun glass.

Glass fiber & glass fiber reinforced plastic (GFRP) composites refer to composite materials made of resin reinforced with glass fiber. GFRP composites is used for its high mechanical strength, light weight, corrosion and temperature resistant properties, thermal insulation, smooth internal surface, easy to form complex shapes, ease of repair and its cost effectiveness.
Ore powder material and Chemical raw materials are the main raw materials for the production of glass fibers. With the development of glass fibers industry, raw materials\' manufacturers are also benefited from the glass fibers industry in some extent.
This industry is affected by the policy, so it\'s important to put an eye on different countries policy.
We tend to believe this industry now is mature, and the consumption increasing degree will show a slowly rising curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
Global Glass Fiber Reinforced Plastics (GFRP) Composites market size will increase to 9230 Million US$ by 2026, from 7150 Million US$ in 2020, at a CAGR of 3.3% during the forecast period. In this study, 2021 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Glass Fiber Reinforced Plastics (GFRP) Composites.

This report covers the present status and the future prospects of the global Glass Fiber Reinforced Plastics (GFRP) Composites market for 2015-2026.
The report offers detailed coverage of Glass Fiber Reinforced Plastics (GFRP) Composites industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Glass Fiber Reinforced Plastics (GFRP) Composites by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Owens Corning, Jushi Group, PPG Industries, CPIC, Taishan Fiberglass (Sinoma), Advanced Glassfiber Yarns, Binani-3B, Johns Mansville, Nippon Electric Glass, Nittobo, Saint-Gobain Vetrotex

Market Segment as follows:
Market by Order Type

General-Purpose Glass Fibers
Special-Purpose Glass Fibers
Glass Fiber Reinforced Plastics (GFRP) Composites Breakdown Data by Application
Building & Construction
Electronics
Transportation
Other

Glass Fiber Reinforced Plastics (GFRP) Composites Production market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Glass Fiber Reinforced Plastics (GFRP) Composites market for the forecast period 2021 - 2026?
• What are the driving forces in the Glass Fiber Reinforced Plastics (GFRP) Composites market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Glass Fiber Reinforced Plastics (GFRP) Composites industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.