Global Glass-Reinforced PP Compounds Market Growth 2025-2031

The global Glass-Reinforced PP Compounds market size is predicted to grow from US$ 4132 million in 2025 to US$ 5761 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 (GFPP) compound is a type of the material which has excellent mechanical properties, resistance to acid alkali, creep resistance, high thermal decomposition temperature and strong hydrophobicity.

The global Glass Fiber Reinforced Polypropylene Compound industry has a rather high concentration. At present, the major players of Glass Fiber Reinforced Polypropylene Compound in the world include: SABIC, Celanese, Borealis, Sumitomo Chemical, Mitsubishi Chemical, Trinseo and Avient, etc. among them SABIC is the world’s largest Glass Fiber Reinforced Polypropylene Compound manufacturer, its revenue market share is about 20%. There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.

In consumption market, Europe is the mainly consumption regions due to the bigger demand of downstream applications. Europe occupied 35% of the global consumption revenue in total.

Glass Fiber Reinforced Polypropylene Compound downstream is wide and recently Glass Fiber Reinforced Polypropylene has acquired increasing significance in various fields of Automotive, Machinery, Electronic Appliances, and others. Globally, the Glass Fiber Reinforced Polypropylene market is mainly driven by growing demand for Automotive. Automotive accounts for nearly 68% of total downstream consumption of Glass Fiber Reinforced Polypropylene Compound revenue in global.

LP Information, Inc. (LPI) ' newest research report, the “Glass-Reinforced PP Compounds Industry Forecast” looks at past sales and reviews total world Glass-Reinforced PP Compounds sales in 2024, providing a comprehensive analysis by region and market sector of projected Glass-Reinforced PP Compounds sales for 2025 through 2031. With Glass-Reinforced PP Compounds sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glass-Reinforced PP Compounds industry.

This Insight Report provides a comprehensive analysis of the global Glass-Reinforced PP Compounds 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-Reinforced PP Compounds portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Glass-Reinforced PP Compounds market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glass-Reinforced PP Compounds and breaks down the forecast by Type, 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-Reinforced PP Compounds.

This report presents a comprehensive overview, market shares, and growth opportunities of Glass-Reinforced PP Compounds market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Short Glass Fibers
Long Glass Fibers

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-Reinforced PP Compounds market?

What factors are driving Glass-Reinforced PP Compounds market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Glass-Reinforced PP Compounds market opportunities vary by end market size?

How does Glass-Reinforced PP Compounds break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.