DUBLIN--(BUSINESS WIRE)--The "Opportunities and Competitive Analysis of the FRP Panel Market Report" report has been added to ResearchAndMarkets.com's offering.
The future of the FRP panel market looks promising with opportunities in building and construction, trucks and trailers, recreational vehicles, and others. The global FRP panel market is declined in 2020 due to the global economic recession led by COVID-19. However, the market will witness recovery in the year 2021, and it is expected to reach an estimated $1.4 billion by 2026 with a CAGR of 5% from 2021 to 2026. The major drivers for this market are the increasing residential and commercial construction activities and rising demand for durable, corrosion resistant, lightweight products in the construction and truck and trailer industries.
Emerging trends, which have a direct impact on the dynamics of the FRP panel industry, include carbon composites gaining popularity in the recreational vehicle market, and companies focusing on thermoplastic composites panel for the end use industries.
- Crane Composites Inc.
- Lamilux Heinrich Strunz Holding GmbH & Co. KG
- US Liner Company
- Glasteel Inc.
- Wabash National
- Kalwall Corporation
- Panolam Industries Inc.
- Fiber-Tech Indsutries Enaris S.A
The study includes trends and forecast for the global FRP panel market by end use industry, by reinforcement, by matrix, by resin group, and region.
In this market, polyester, epoxy, and polypropylene are the major resin used to manufacture FRP panels for various end use industries. The analyst forecasts that polyester based composites will remain the largest segment, and it is also expected to witness the highest growth over the forecast period due to its low cost and mostly used in applications, such as side wall panels, roof, and floors.
Within the global FRP panel market, building and construction will remain the largest end use industry by value and volume due to growing demand for FRP wall panels, FRP roof panels, and FRP floor panels in residential and commercial construction. Trucks and trailers is expected to witness highest growth over the forecast period.
North America is expected to remain the largest market and due to the growing residential and commercial construction industry and increasing production of recreational vehicles and trucks & trailers. ROW is also expected to witness the highest growth over the forecast period.
This report answers the following 11 key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the global FRP panel market by end use industry, by reinforcement, by matrix, by resin group, and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global FRP panel market?
Q.5 What are the business risks and threats to the global FRP panel market?
Q.6 What are emerging trends in this global FRP panel market and the reasons behind them?
Q.7 What are some changing demands of customers in the global FRP panel market?
Q.8 What are the new developments in the global FRP panel market? Which companies are leading these developments?
Q.9 Who are the major players in the global FRP panel market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the global FRP panel market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the global FRP panel market?
Key Topics Covered:
1. Executive Summary
2. Global FRP Panel Market Dynamics
2.1: Introduction, Background, and Classifications
2.1: Supply Chain
2.2: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2015 to 2026
3.1: Macroeconomic Trends and Forecast
3.2: Global FRP Panel Market Trends and Forecast
3.3: Global FRP Panel Market by End Use Industry
3.3.1: Building and Construction
3.3.2: Trucks and Trailers
3.3.3: Recreational Vehicles
3.4: Global FRP Panel Market by Reinforcement
3.4.1: Glass Composites
3.4.2: Carbon Composites
3.5: Global FRP Panel Market by Matrix Type
3.6.1: Polyester Composites
3.6.2: Epoxy Composites
3.6.3: PP Composites and Others
3.7: Global FRP Panel Market by Resin Group
3.7.1: Thermoset Composites
3.7.2: Thermoplastic Composites
4. Market Trends and Forecast Analysis by Region
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter's Five Forces
6. Growth Opportunity and Strategic Analysis
7. Company Profiles of Leading Players
For more information about this report visit https://www.researchandmarkets.com/r/sm3d6h