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Global GF and GFRP Composites Market 2016-2020

Global GF and GFRP Composites Market 2016-2020

About Composite Materials

Composite materials are made of two or more materials with distinct physical and chemical properties, which when combined form a material that has characteristic properties different from the individual materials. GFRP composites are fiber-reinforced polymers that are made of plastic and reinforced with glass fibers (GFs) in a continuous stranded manner. The plastic used for producing GFRP composites may be a thermoplastic or a thermoset plastic (mostly epoxy, polyester, or vinyl ester).

Technavio’s analysts forecast the global GF and GFRP composites market to grow at a CAGR of 7.18% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global GF and GFRP composites market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of GF and GFRP for end-users such as transportation, construction and infrastructure, consumer goods, electrical and electronics, marine, and other by considering 2015 as the base year.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global GF and GFRP Composites Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Asahi Glass
  • China Beihai Fiberglass
  • Jushi
  • Nippon Electric Glass
  • PPG
  • Saint-Gobain
Other prominent vendors
  • Binani Industries
  • Chongqing Polycomp International
  • Fiberex Technologies
  • Taishan Fiberglass
  • Taiwan Glass Industry
Market driver
  • Increased demand for lightweight fiberglass composites in transportation segment
  • For a full, detailed list, view our report
Market challenge
  • Lean and energy-efficient manufacturing and processing
  • For a full, detailed list, view our report
Market trend
  • Global emphasis on green buildings
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global GF and GFRP Composites Market 2016-2020

Technavio recognizes the following companies as the key players in the global GF and GFRP composites market: Asahi Glass, China Beihai Fiberglass, Jushi, Nippon Electric Glass, PPG, and Saint-Gobain.

Other Prominent Vendors in the market are: Binani Industries, Chongqing Polycomp International, Fiberex Technologies, Taishan Fiberglass, and Taiwan Glass Industry.

Commenting on the report, an analyst from Technavio’s team said: “Advances in technology will be a key trend for market growth. With the imposition of stringent regulations and the intensifying competition, innovation has become a prime focus area for most manufacturers. Leading players ensure the best quality products at optimum costs and adopt the use of various technologies. For instance, Audi introduced suspension springs made of GFRP composites, which are corrosion resistant. Owens Corning introduced Performax SE4849 Type 30 Roving for LFRT polypropylene. The product is designed to provide resistance to noise and outstanding wet-out and dispersion. These benefits would enable compounders to run their lines up to 40% faster.”

According to the report, one of the key drivers for market growth will be urbanization and infrastructure development. The construction industry is the prominent end user of composites. This is attributable to the design flexibility, corrosion resistance, durability, easy installation, weatherproofing, and lightweight properties of composites. In the construction industry, composites are used in walls, roofs, flooring, windows, doors, replacement of steel beams in buildings and bridges.

Further, the report states that , a broader use of composite materials and structures will require innovations in design, in-depth predictive modeling, robust characterization of material properties, performance validation, and process automation. Therefore, the challenge is to optimize the energy-intensive processes involved in the production of composites.

Companies Mentioned

Asahi Glass, China Beihai Fiberglass, Jushi, Nippon Electric Glass, PPG, Saint-Gobain, Binani Industries, Chongqing Polycomp International, Fiberex Technologies, Taishan Fiberglass, Taiwan Glass Industry.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global GF and GFRP composites market
      • Table Global GF and GFRP composites market by product
      • Table Global GF and GFRP composites market by manufacturing process
      • Table Global GF and GFRP composites market by end-user
      • Table Global GF and GFRP composites market by geography
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Overview
      • Table Properties of different types of GF
  • Market landscape
    • Global GF and GFRP composites market
      • Table Global GF and GFRP composites market 2015-2020 ($ billions)
      • Table Five forces analysis
  • Market segmentation by product
    • Overview
      • Table Segmentation of global GF and GFRP composites market by product 2015 and 2020
    • Global GF and GFRP composites market for S-glass
      • Table Global GF and GFRP composites market for S-glass 2015-2020 ($ billions)
    • Global GF and GFRP composites market for E-glass
      • Table Global GF and GFRP composites market for E-glass 2015-2020 ($ billions)
    • Global GF and GFRP composites market for C-glass
      • Table Global GF and GFRP composites market for C-glass 2015-2020 ($ billions)
    • Global GF and GFRP composites market for other glass
      • Table Global GF and GFRP composites market for other glass 2015-2020 ($ billions)
  • Market segmentation by manufacturing process
    • Overview
      • Table Segmentation of global GF and GFRP composites market by manufacturing process 2015 and 2020
    • Global GF and GFRP composites market by sheet molding process
      • Table Global GF and GFRP composites market by sheet molding process 2015-2020 ($ billions)
    • Global GF and GFRP composites market by continuous processing
      • Table Global GF and GFRP composites market by continuous processing 2015-2020 ($ billions)
    • Global GF and GFRP composites market by hand lay-up process
      • Table Global GF and GFRP composites market by hand lay-up process 2015-2020 ($ billions)
    • Global GF and GFRP composites market by resin transfer molding process
      • Table Global GF and GFRP composites market by resin transfer molding process 2015-2020 ($ billions)
    • Global GF and GFRP market by GMT and LFRT process
      • Table Global GF and GFRP composites market by GMT and LFRT process 2015-2020 ($ billions)
    • Global GF and GFRP composites market by spray-up process
      • Table Global GF and GFRP composites market by spray-up process 2015-2020 ($ billions)
    • Global GF and GFRP composites market by bulk molding process
      • Table Global GF and GFRP composites market by bulk molding process 2015-2020 ($ billions)
    • Global GF and GFRP composites market by other processes
      • Table Global GF and GFRP composites market by other processes 2015-2020 ($ billions)
  • Market segmentation by end-user
    • Overview
      • Table Segmentation of global GF and GFRP composites market by end-user 2015 and 2020
    • Global GF and GFRP composites market in transportation segment
      • Table Global GF and GFRP composites market in transportation segment 2015-2020 ($ billions)
      • Table Global GF and GFRP composites market in transportation segment by product 2015
      • Table Global motor vehicle production 2015-2020 (millions of units)
    • Global GF and GFRP composites market in construction and infrastructure segment
      • Table Global GF and GFRP composites market in construction and infrastructure segment 2015-2020 ($ billions)
      • Table Major construction markets in 2020
      • Table Global GF and GFRP composites market in construction and infrastructure segment by product 2015
    • Global GF and GFRP composites market in consumer goods segment
      • Table Global GF and GFRP composites market in consumer goods segment 2015-2020 ($ billions)
      • Table Global GF and GFRP composites market in consumer goods segment by product 2015
    • Global GF and GFRP composites market for electrical and electronics segment
      • Table Global GF and GFRP composites market in electrical and electronics segment 2015-2020 ($ billions)
      • Table Global GF and GFRP composites market in electrical and electronics segment by product 2015
    • Global GF and GFRP composites market for marine and other segments
      • Table Global GF and GFRP composites market in marine and other segments 2015-2020 ($ billions)
      • Table Global GF and GFRP composites market for marine and other segments by product 2015
  • Geographical segmentation
    • Overview
      • Table Segmentation of global GF and GFRP composites market by geography 2015 and 2020
    • GF and GFRP composites market in Americas
      • Table GF and GFRP composites market in Americas 2015-2020 ($ billions)
    • GF and GFRP composites market in APAC
      • Table GF and GFRP composites market in APAC 2015-2020 ($ billions)
      • Table China: Car production 2010-2015 (million units)
      • Table Per capita gross domestic product of India 2014-2021
      • Table Major construction markets in APAC 2015
    • GF and GFRP composites market in EMEA
      • Table GF and GFRP composites market in EMEA 2015-2020 ($ billions)
      • Table Major construction markets in Middle East by planned projects 2015
  • Market drivers
    • Increased demand for lightweight fiberglass composites in transportation segment
    • Increased demand for different blade sizes in wind energy sector
    • Urbanization and infrastructure development
      • Table Investment in building and construction activities 2015
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Lean and energy-efficient manufacturing and processing
    • Recyclability
    • Competition from carbon fiber
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Advances in technology
    • Global emphasis on green buildings
    • Nanotechnology in fiberglass
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Key market vendors 2015
    • Other prominent vendors
    • Asahi Glass
      • Table Asahi Glass: Business segmentation by revenue 2015
      • Table Asahi Glass: Revenue segmentation by geography 2015
    • China Beihai Fiberglass
      • Table China Beihai Fiberglass: Product segmentation
    • Jushi Group
    • Nippon Electric Glass
      • Table Nippon Electric Glass: Business segmentation by revenue 2015
    • PPG
      • Table PPG Industries: Business segmentation by revenue 2015
    • Saint-Gobain
  • Appendix
    • List of abbreviations
  • Explore Technavio

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