Global Fiber Reinforced Polymer (FRP) Composites Supply, Demand and Key Producers, 2026-2032

The global Fiber Reinforced Polymer (FRP) Composites market size is expected to reach $ 50640 million by 2032, rising at a market growth of 4.5% CAGR during the forecast period (2026-2032).

Fiber Reinforced Polymer (or Fiber Reinforced Plastic, referred to as FRP) is formed by reinforcing fiber materials, such as glass fiber, carbon fiber, aramid fiber, etc., and matrix materials through winding, molding or pultrusion composite material. According to different reinforcing materials, common fiber reinforced composites are divided into glass fiber reinforced composites (GFRP), carbon fiber reinforced composites (CFRP) and aramid fiber reinforced composites (AFRP).

The key manufactures of Fiber Reinforced Polymer (FRP) Composites in the world are BASF, DuPont, Lanxess, DSM, Kingfa, Avient, LG Chemical, Celanese and Hexcel, among which the market share of the top five producers is close to 10%, and the largest manufactures is BASF. The global production of fiber reinforced polymer (FRP) composites is mainly distributed in North America, Europe, China and Japan. The market share of the top three production regions exceeds 70%, and China is currently the largest production region. In terms of its products, the growth rate of carbon fiber reinforced polymer (CFRP) composites is relatively fast, with glass fiber reinforced polymer (GFRP) composites accounting for more than 70% of the market share, followed by carbon fiber reinforced polymer (CFRP) composites and aramid fiber reinforced polymer (AFRP) composites. In terms of its application, automotive is its largest application field, with a market share of more than 30%, followed by construction, electronics and national defense.

This report studies the global Fiber Reinforced Polymer (FRP) Composites production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Fiber Reinforced Polymer (FRP) Composites and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Fiber Reinforced Polymer (FRP) Composites that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Fiber Reinforced Polymer (FRP) Composites total production and demand, 2021-2032, (K Tons)

Global Fiber Reinforced Polymer (FRP) Composites total production value, 2021-2032, (USD Million)

Global Fiber Reinforced Polymer (FRP) Composites production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Tons), (based on production site)

Global Fiber Reinforced Polymer (FRP) Composites consumption by region & country, CAGR, 2021-2032 & (K Tons)

U.S. VS China: Fiber Reinforced Polymer (FRP) Composites domestic production, consumption, key domestic manufacturers and share

Global Fiber Reinforced Polymer (FRP) Composites production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Tons)

Global Fiber Reinforced Polymer (FRP) Composites production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Tons)

Global Fiber Reinforced Polymer (FRP) Composites production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Tons)

This report profiles key players in the global Fiber Reinforced Polymer (FRP) Composites market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BASF, DuPont, Lanxess, DSM, Kingfa, Avient, LG Chemical, Celanese, Hexcel, Teijin, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Fiber Reinforced Polymer (FRP) Composites market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Fiber Reinforced Polymer (FRP) Composites Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Fiber Reinforced Polymer (FRP) Composites Market, Segmentation by Type:
Glass Fiber Reinforced Polymer (GFRP) Composites
Carbon Fiber Reinforced Polymer (CFRP) Composites
Aramid Fiber Reinforced Polymer (AFRP) Composites
Others

Global Fiber Reinforced Polymer (FRP) Composites Market, Segmentation by Application:
Automotive
Construction
Electronics
Defence
Others

Companies Profiled:
BASF
DuPont
Lanxess
DSM
Kingfa
Avient
LG Chemical
Celanese
Hexcel
Teijin
Solvay
Toray
Mitsubishi Chemical
SGL Carbon
Owens Corning
Jiangsu AoSheng
Jiangsu Hengsheng
Weihai Guangwei
SABIC

Key Questions Answered:

1. How big is the global Fiber Reinforced Polymer (FRP) Composites market?

2. What is the demand of the global Fiber Reinforced Polymer (FRP) Composites market?

3. What is the year over year growth of the global Fiber Reinforced Polymer (FRP) Composites market?

4. What is the production and production value of the global Fiber Reinforced Polymer (FRP) Composites market?

5. Who are the key producers in the global Fiber Reinforced Polymer (FRP) Composites market?

6. What are the growth factors driving the market demand? Show more