DUBLIN--(BUSINESS WIRE)--The "Glass Fiber Reinforced Plastics (GFRP) composites - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to the publisher, the Global Glass Fiber Reinforced Plastics (GFRP) composites market is accounted for $42.01 billion in 2017 and is expected to reach $ 80.57 billion by 2026 growing at a CAGR of 7.5%.
Rising number of wind energy capacity installations, growing demand for GFRP composites from aerospace and automotive industries and GFRP composites having immense strength, light weight are some of the factors favouring the market. However, huge manufacturing costs and recycling issues are hampering the market growth.
Glass fiber consists of lightweight and durable fiber produced from fine fibers of glass. Glass fibers show very low brittleness and the fibers of glass used for their production are more cost effective. As compared to metals, the glass fibers are hold better properties, both strength wise and weight wise. They can be smoothly formed by using different molding techniques. Glass fibers are widely used as an important raw material for producing distinct types of composite materials.
By manufacturing process, compression & injection segment commanded the largest market share as this process is widely used for the production of bumpers for vehicles in transportation and panels for electrical equipment in electrical & electronics industries. The demand for compression & injection is increasing rapidly owing to the quick cycling system, reduced labor cost and low mold-clamping pressure.
Companies Mentioned
- Saint-Gobain S.A.
- Owens Corning
- Asahi Fiber Glass Co., Ltd.
- Johns Manville Corporation
- Taishan Fiberglass, Inc.
- Jushi Group Co., Ltd.
- AGY Holdings Corp.
- Chongqing Polycomp International Corporation
- Nippon Sheet Glass Co. Ltd.
- PPG Industries, Inc.
- Celanese Corporation
- China National Building Material Company Ltd.
- Binani Industries Ltd.
- Nitto Boseki Co., Ltd.
- Reliance Industries
Key Topics Covered:
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Glass Fiber Reinforced Plastics (GFRP) composites Market, By Resin Type
6 Global Glass Fiber Reinforced Plastics (GFRP) composites Market, By Materials
7 Global Glass Fiber Reinforced Plastics (GFRP) composites Market, By Manufacturing Process
8 Global Glass Fiber Reinforced Plastics (GFRP) composites Market, By End User
9 Global Glass Fiber Reinforced Plastics (GFRP) composites Market, By Geography
10 Key Developments
11 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/research/lptfk4/global_glass?w=4
