Global Glass Fiber Reinforced Plastic (GFRP) Market - Insights, Analysis, Market Shares & Forecast to 2023 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Glass Fiber Reinforced Plastic (GFRP) Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report to their offering.

The global glass fiber reinforced plastic market is growing with a CAGR of 6.61% during forecast period 2016-2023.

The growth in the glass fiber reinforced plastics market is mainly added by adoption across various end user industries such as automotive, transportation, construction, marine etc., increasing wind energy installations. The adoption across end user industries is mainly driven by superior mechanical properties. The growing wind energy installation is one of the major factors boosting the growth in the global GFRP market.

According to global wind energy council in 2015, around 432680 mw of wind energy had been installed which has increased to 486749 mw of wind energy in 2016. Thus, the rising demand for glass fiber reinforced plastics from wind energy is boosting the growth in the global market. Asia is having the largest wind energy installation across the globe that is around 175970 mw in 2015 which increased to 203643 mw in 2016 as per global wind energy council.

The global glass fiber reinforced plastic (GFRP) market is classified on the basis of application and resin type. According to application, the market is further segmented into transportation, marine, wind energy, automotive, construction and other applications. According to resin type, the market is further classified into polyurethane, polyester and vinyl ester. Polyester held largest market revenue share in 2015 owing to its use in the electronics, construction and pipe & tanks applications. Such resins are useful for non-corrosive, water treatment and chemical treatment plant applications at lower cost as compared to the other resins use.

Companies Mentioned

  • Asahi Glass
  • Basf Se
  • Chongqing Polycomp International Corp. (Cpic)
  • Dupont
  • Johns Manville
  • Jushi Group
  • Mitsubishi
  • Mitsui & Co. Ltd.
  • Natureworks Llc
  • Nippon Electric Glass Co. Ltd.
  • Owens Corning
  • Ppg Company
  • Royal Dsm
  • Saint-Gobain
  • Taishan Fiberglass Inc.

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographic Analysis

7. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/m5nvpt/global_glass

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Plastics, Composites , Mineral Textiles

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Plastics, Composites , Mineral Textiles