DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/3pqhtt/frp_panels_and) has announced the addition of the "FRP Panels & Sheets Market - Trends & Forecast to 2020" report to their offering.
Increasing demand for corrosion resistant, lightweight, and high strength materials is driving the FRP panels & sheets market
The FRP panels & sheets market size is estimated to grow from USD 1.61 billion in 2015 to USD 2.24 billion by 2020, at a projected CAGR of 6.74% between 2015 and 2020. The FRP panels & sheets market is mainly driven by the need for making fuel efficient vehicles to decrease CO2 and greenhouse gases emission. The use of FRP panels & sheets enables manufacturing of lightweight vehicles.
The construction application segment is estimated to contribute the largest market share during the forecast period. Furthermore, due to increase in end users, this application is expected to gain traction and grow at the highest CAGR during the forecast period. The FRP panels & sheets market is also projected to witness growth in the transportation application segment during the forecast period because of the high demand for FRP panels in the transportation industry.
The FRP panels & sheets market in North America is driven by the growth in aerospace and construction industries. This is due to the penetration of FRP panels & sheets in the construction and aerospace industries. The corrosion resistance properties of FRP panels increase the life span of constructions and aerospace components.
- Crane Composites
- Enduro Composites
- Fiber-Tech Industries, Inc.
- Lamilux Heinrich Strunz Group
- Nudo Products, Inc.
- Panolam Industries International, Inc.
- Polser Frp Panels Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Frp Panels & Sheets Market, By Fiber Type
8 Frp Panels & Sheets Market, By Resin Type
9 Frp Panels & Sheets Market, By Application
10 Frp Panels & Sheets Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information visit http://www.researchandmarkets.com/research/3pqhtt/frp_panels_and