Global Glass-Reinforced Polypropylene Market Growth 2025-2031

The global Glass-Reinforced Polypropylene market size is predicted to grow from US$ 4241 million in 2025 to US$ 5962 million in 2031; it is expected to grow at a CAGR of 5.8% from 2025 to 2031.

Glass-reinforced polypropylene is a high-performance composite material with polypropylene (PP) as the matrix and glass fiber (GF) added to it. It combines the lightness and chemical resistance of PP with the high strength of glass fiber and is widely used in the fields of automobiles, machinery, electronics and electrical engineering.

Market driving factors

Demand in the automotive industry:

Due to its high strength and lightweight characteristics, GRP is widely used in automotive front-end modules, dashboards, seats and other components. Replacing traditional metal parts can reduce weight by 20%-30%. The global trend of lightweighting automobiles has driven demand growth. It is expected that by 2025, the demand for GRP in the automotive field will account for more than 40% of the total market.

Development of the electronics industry:

GRP's heat resistance and stability make it popular in electronic product housings, radiators and other components. Emerging markets such as 5G equipment and smart homes are accelerating demand expansion.

Application in the construction field:

GRP is corrosion-resistant and weather-resistant, and is suitable for building exterior wall panels, roof tiles, etc. The annual growth rate of global construction demand exceeds 8%.

Environmental policy promotion:

The EU's "carbon tariff" and China's "dual carbon" goals have prompted companies to adopt recyclable materials. The recycling rate of GRP is higher than that of traditional plastics, and policies drive market penetration.

Cost optimization and cost-effectiveness:

Large-scale production reduces the cost of GRP, which has long-term cost advantages compared to metals and attracts more industry applications.

LP Information, Inc. (LPI) ' newest research report, the “Glass-Reinforced Polypropylene Industry Forecast” looks at past sales and reviews total world Glass-Reinforced Polypropylene sales in 2024, providing a comprehensive analysis by region and market sector of projected Glass-Reinforced Polypropylene sales for 2025 through 2031. With Glass-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-Reinforced Polypropylene industry.

This Insight Report provides a comprehensive analysis of the global Glass-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-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-Reinforced Polypropylene market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glass-Reinforced Polypropylene 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 Polypropylene.

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

Segmentation by Type:
Long Glass Fiber Reinforced Polypropylene
Short Glass Fiber Reinforced Polypropylene

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 Polypropylene market?

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

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

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

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

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