The global Glass Fiber Reinforced Polypropylene market size is predicted to grow from US$ 4050 million in 2025 to US$ 5646 million in 2031; it is expected to grow at a CAGR of 5.7% from 2025 to 2031.
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.
LP Information, Inc. (LPI) ' newest research report, the “Glass Fiber Reinforced Polypropylene Industry Forecast” looks at past sales and reviews total world Glass Fiber Reinforced Polypropylene sales in 2024, providing a comprehensive analysis by region and market sector of projected Glass Fiber Reinforced Polypropylene sales for 2025 through 2031. With Glass Fiber Reinforced Polypropylene sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glass Fiber Reinforced Polypropylene industry.
This Insight Report provides a comprehensive analysis of the global Glass Fiber Reinforced Polypropylene landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Glass Fiber Reinforced Polypropylene portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Glass Fiber Reinforced Polypropylene market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glass Fiber Reinforced Polypropylene and breaks down the forecast by Purity, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Glass Fiber Reinforced Polypropylene.
This report presents a comprehensive overview, market shares, and growth opportunities of Glass Fiber Reinforced Polypropylene market by product type, application, key manufacturers and key regions and countries.
Segmentation by Purity:
PP-LGF
PP-SGF
Segmentation by Application:
Automobile
Machinery
Electronic Appliances
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
SABIC
Celanese
Avient
RTP
Daicel
Kingfa
Borealis
Mitsubishi Chemical
TechnoCompound
Mitsui Chemicals
Trinseo
Lotte Chemical
Sumitomo Chemical
Kolon
Shanghai PRET Composites
Key Questions Addressed in this Report
What is the 10-year outlook for the global Glass Fiber Reinforced Polypropylene market?
What factors are driving Glass Fiber Reinforced Polypropylene market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Glass Fiber Reinforced Polypropylene market opportunities vary by end market size?
How does Glass Fiber Reinforced Polypropylene break out by Purity, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook