Glass fibers are the materials consisting of extremely fine glass fibers, used in making various products, such as yarns, fabrics, insulators, and structural objects or parts. It is also called spun glass. Glass fiber & glass fiber reinforced plastic (GFRP) composites refer to composite materials made of resin reinforced with glass fiber. GFRP composites is used for its high mechanical strength, light weight, corrosion and temperature resistant properties, thermal insulation, smooth internal surface, easy to form complex shapes, ease of repair and its cost effectiveness.

Global GF and GFRP Composites key players include BASF, Hexion, Daicel, Lanxess, DSM, etc. Global top five manufacturers hold a share about 20%. Asia-Pacific is the largest market, with a share about 50%, followed by North America, with a share about 20 percent. In terms of product, General-Purpose Glass Fibers is the largest segment, with a share about 80%. And in terms of application, the largest application is Building & Construction, followed by Transportation, Electronics, etc.

 

Market Analysis and Insights: Global GF and GFRP Composites Market

In 2020, the global GF and GFRP Composites market size, Manufacturers, Supply Chain was US$ 28930 million and it is expected to reach US$ 39610 million by the end of 2027, with a CAGR of 4.4% during 2021-2027.

Global GF and GFRP Composites Scope and Market Size:

  • GF and GFRP Composites market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global GF and GFRP Composites market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the GF and GFRP Composites market is segmented into:

  • Glass Fiber Products
  • GFRP Products

Segment by Application, the GF and GFRP Composites market is segmented into:

  • Building & Construction
  • Electronics
  • Transportation
  • Sport & Leisure
  • Others

Regional and Country-level Analysis:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Southeast Asia
  • Australia
  • Rest of Asia-Pacific
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Rest of Europe
  • Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
  • Rest of MEA

Competitive Landscape and GF and GFRP Composites Market Share Analysis:

  • GF and GFRP Composites market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, GF and GFRP Composites product introduction, recent developments, GF and GFRP Composites sales by region, type, application and by sales channel.

The major companies include:

  • Advanced Glassfiber Yarns
  • BASF
  • Binani-3B
  • Celanese
  • CPIC
  • Daicel
  • Denka
  • DSM
  • DuPont
  • Evonik
  • Hexion
  • Johns Mansville
  • Jushi Group
  • Kolon
  • Lanxess
  • Nippon Electric Glass
  • Nittobo
  • Owens Corning
  • PolyOne
  • PPG Industries
  • RTP
  • SABIC
  • Saint-Gobain Vetrotex
  • Solvay
  • Sumitomo Bakelite
  • Taishan Fiberglass (Sinoma)

Reasons to Purchase Our Research Report:

  • Analyzing the outlook of the market with the recent trends and SWOT analysis
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
  • Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
  • Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • Analyst support, along with the data support in excel format.

Table of content

1 Study Coverage
1.1 GF and GFRP Composites Product Introduction
1.2 Market by Type
1.2.1 Global GF and GFRP Composites Market Size Growth Rate by Type
1.2.2 Glass Fiber Products
1.2.3 GFRP Products
1.3 Market by Application
1.3.1 Global GF and GFRP Composites Market Size Growth Rate by Application
1.3.2 Building & Construction
1.3.3 Electronics
1.3.4 Transportation
1.3.5 Sport & Leisure
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered

2 Executive Summary
2.1 Global GF and GFRP Composites Market Size Estimates and Forecasts
2.1.1 Global GF and GFRP Composites Revenue 2016-2027
2.1.2 Global GF and GFRP Composites Sales 2016-2027
2.2 GF and GFRP Composites Market Size by Region: 2021 Versus 2027
2.3 GF and GFRP Composites Sales by Region (2016-2027)
2.3.1 Global GF and GFRP Composites Sales by Region: 2016-2021
2.3.2 Global GF and GFRP Composites Sales Forecast by Region (2022-2027)
2.3.3 Global GF and GFRP Composites Sales Market Share by Region (2016-2027)
2.4 GF and GFRP Composites Market Estimates and Projections by Region (2022-2027)
2.4.1 Global GF and GFRP Composites Revenue by Region: 2016-2021
2.4.2 Global GF and GFRP Composites Revenue Forecast by Region (2022-2027)
2.4.3 Global GF and GFRP Composites Revenue Market Share by Region (2016-2027)

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