According to our (Global Info Research) latest study, the global Glass Fiber Reinforced Polypropylene market size was valued at US$ 4059 million in 2024 and is forecast to a readjusted size of USD 5827 million by 2031 with a CAGR of 5.4% during review period.
The thermoplastic polymer matrix of glass fiber reinforced polypropylene is PP. Glass-reinforced plastic (GRP) is a composite material or fiber-reinforced plastic made of a plastic reinforced by fine glass fibers. Like graphite-reinforced plastic, the composite material is commonly referred to as fiberglass. The glass can be in the form of a chopped strand mat (CSM) or a woven fabric. Glass-fiber-reinforced polypropylene material (GFPP) is a type of the material which has excellent mechanical properties, resistance to acid alkali, creep resistance, high thermal decomposition temperature and strong hydrophobicity.
Global key players of Glass Fiber Reinforced Polypropylene include SABIC, Celanese, Borealis, etc. The top three players hold a share over 40%. The main production areas are North America, China, Europe, Japan, etc. In terms of product type, PP-LGF is the largest segment, occupied for a share of 70%, and in terms of application, automobile has a share about 70 percent.
Future development trends
High performance:
With the continuous advancement of science and technology and the continuous increase in demand, the performance of glass fiber reinforced polypropylene will be further improved to meet higher-end application needs.
Environmental protection:
Environmental protection and sustainable development are important directions for the development of future materials. As an environmentally friendly material, the production and application of glass fiber reinforced polypropylene will pay more attention to environmental protection and sustainability.
Expansion of application areas:
In addition to traditional automobiles and electronics, glass fiber reinforced polypropylene will also expand to more application areas, such as aerospace, medical devices, etc.
Market demand growth:
With the recovery of the global economy and the development of emerging markets, the market demand for glass fiber reinforced polypropylene will continue to grow. Especially in the Asia-Pacific region, the rapid economic development of countries such as China and India will drive the market demand for this material.
Industry chain integration:
In the future, the glass fiber reinforced polypropylene industry chain will be further integrated to form a more complete industrial system and supply chain. This will help reduce production costs, improve product quality and promote technological innovation.
This report is a detailed and comprehensive analysis for global Glass Fiber Reinforced Polypropylene market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Purity and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Glass Fiber Reinforced Polypropylene market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Glass Fiber Reinforced Polypropylene market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Glass Fiber Reinforced Polypropylene market size and forecasts, by Purity and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Glass Fiber Reinforced Polypropylene market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Glass Fiber Reinforced Polypropylene
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Glass Fiber Reinforced Polypropylene market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SABIC, Celanese, Avient, RTP, Daicel, Kingfa, Borealis, Mitsubishi Chemical, TechnoCompound, Mitsui Chemicals, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Glass Fiber Reinforced Polypropylene market is split by Purity and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Purity, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Purity
PP-LGF
PP-SGF
Market segment by Application
Automobile
Machinery
Electronic Appliances
Others
Major players covered
SABIC
Celanese
Avient
RTP
Daicel
Kingfa
Borealis
Mitsubishi Chemical
TechnoCompound
Mitsui Chemicals
Trinseo
Lotte Chemical
Sumitomo Chemical
Kolon
Shanghai PRET Composites
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Glass Fiber Reinforced Polypropylene product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Glass Fiber Reinforced Polypropylene, with price, sales quantity, revenue, and global market share of Glass Fiber Reinforced Polypropylene from 2020 to 2025.
Chapter 3, the Glass Fiber Reinforced Polypropylene competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Glass Fiber Reinforced Polypropylene breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Purity and by Application, with sales market share and growth rate by Purity, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Glass Fiber Reinforced Polypropylene market forecast, by regions, by Purity, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Glass Fiber Reinforced Polypropylene.
Chapter 14 and 15, to describe Glass Fiber Reinforced Polypropylene sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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