Global GFRP Composites Market Analysis, Trends, and Forecasts, 2019-2025 - ResearchAndMarkets.com

DUBLIN--()--The "GFRP Composites - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

GFRP Composites market worldwide is projected to grow by US$22.4 Billion, driven by a compounded growth of 6.1%.

Transportation, one of the segments analyzed and sized in this study, displays the potential to grow at over 7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$21.1 Billion by the year 2025, Transportation will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 5.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$792.7 Million to the region's size and clout in the next 5 to 6 years. Over US$668.2 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Transportation will reach a market size of US$864.9 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 9.2% over the next couple of years and add approximately US$6.2 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others,

  • Advanced Composites, Inc.
  • Agy Holdings Corp.
  • Asahi Fiber Glass Co., Ltd.
  • BGF Industries, Inc.
  • Celanese Corporation
  • China Beihai Fiberglass Co. Ltd.
  • China National Building Materials Group Co., Ltd.
  • Chongqing Polycomp International Corporation
  • Jiangsu Jiuding New Materials Co., Ltd.
  • John Manville
  • Nippon Sheet Glass Co., Ltd.
  • Nitto Boseki Co., Ltd.
  • Owens Corning
  • Pfg Fiberglass Corporation
  • PPG Industries, Inc.
  • Quantum Composites, Inc.
  • Reliance Industries Ltd.
  • SAERTEX GmbH & Co.KG
  • Saint-Gobain SA
  • Taishan Fiberglass, Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • GFRP Composites Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Market Review
  • Definition
  • State of Global Composites Industry
  • North America and Asia-Pacific: Major Markets For Growth
  • A Look into the Fastest Growing Market for GFRP Composites
  • Usage of GFRP Composites on Rise Led by Product Characteristics and Applications
  • Market Dynamics of GFRP Composites
  • High Investment and Cost of Technology Remain Major Restraining Factors

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Factors Propelling Demand for Glass Fiber & Glass Fiber Reinforced Plastic (GFRP) Composites
  • Use of Composites in Infrastructure Applications on Rise
  • Drive for Fuel-Efficient Vehicles Spurs Demand for GRFC Composites
  • Electrical & Electronics sector to Create New Market Opportunities
  • Miniaturization Trend Drive Search for High Performance Materials
  • Agricultural Equipment Emerge as a Growing Market for Composites
  • Notable Trends in the Composites Market
  • Price Fluctuations of Raw Materials to show Downward Trend
  • Emerging Economies to Drive Demand Glass Fiber Reinforced Plastics (GFRP) composites
  • Consolidation Remains Rife in the Industry
  • Agriculture Sprayers: Vital Role in Managing Crop Production
  • Growth in Use of Composites in Aerospace Applications
  • FRP Bridge Posts Healthy Growth
  • Application of GRPF Composites in Wind Energy
  • New Offshore Wind Projects Add to Market Opportunities
  • Global Investments in Renewable Energy
  • Compression & Injection Molding Manufacturing Industry Bolster the Glass Fiber Reinforced Plastics (GFRP) composites market
  • End-Use Industries to Drive GFRP Composites Market
  • Low-voltage Switchgear Market Drivers and Restraints
  • Revival of Construction Industry to Drive Demand GFRP Composites

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

  • Market Facts & Figures
  • US GFRP Composites Market Share (in %) by Company: 2019 & 2025
  • US to Release Standards for Use of Composites in Infrastructure
  • Aging Infrastructure in Urgent Need of Rehabilitation and Repair: An Opportunity to Tap for Composite Materials in the US
  • US Construnction Industry Spending: 2000-2022
  • Market Analytics

CANADA

JAPAN

CHINA

EUROPE

  • Market Facts & Figures
  • European GFRP Composites Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/p3v5pd

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press 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