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GFRP Composites Market by End-Use Industry (Transportation, Electrical & Electronics), Resin Type (Epoxy, Polyester, Vinyl Ester), Manufacturing Process (Compression & Injection Molding, RTM/VARTM, Layup,) and Region - Global Forecast to 2022

GFRP Composites Market by End-Use Industry (Transportation, Electrical & Electronics), Resin Type (Epoxy, Polyester, Vinyl Ester), Manufacturing Process (Compression & Injection Molding, RTM/VARTM, Layup,) and Region - Global Forecast to 2022

GFRP Composites Market by End-Use Industry (Transportation, Electrical & Electronics), Resin Type (Epoxy, Polyester, Vinyl Ester), Manufacturing Process (Compression & Injection Molding, RTM/VARTM, Layup,) and Region - Global Forecast to 2022“The Glass Fiber Reinforced Plastics (GFRP) composites market is projected to grow at a CAGR of 6.4% during the forecast period.”
The global Glass Fiber Reinforced Plastics (GFRP) composites market is projected to grow from USD 43.93 billion in 2017 to USD 59.87 billion by 2022, at a CAGR of 6.4% from 2017 to 2022. The major factor driving the GFRP composites market is the high demand for GFRP composites from the transportation, electrical & electronics, wind energy, and pipes & tanks industries. However, the difficulty of recycling GFRP composites and high cost is a major factor restraining their use in various applications and hindering the growth of the global GFRP composites market.

“Compression & injection molding is the fastest growing manufacturing process in the GFRP composites market.”
The compression & injection molding manufacturing process offers several advantages, including fast cycle time, low labor cost, low scrap rate, and low mold-clamping pressure. It is widely used in GFRP composite applications such as transportation and electrical & electronics industries. These composites are used for the production of bumpers for vehicles, panels for electrical equipment, enclosures for medical devices, and others. These are the key applications of GFRP composites, thus driving the use of the injection molding process to manufacture various GFRP composite components.

“Asia Pacific is the fastest-growing market for GFRP composites.”
The Asia Pacific region is expected to be the fastest-growing market for GFRP composites during the next 5 years. This market in Asia Pacific is driven by the increasing consumption of GFRP composites in various industries such as wind energy, construction & infrastructure, electrical & electronics, and transportation. China is leading the Asia Pacific GFRP composites market. The wind energy industry in China witnessed the highest number of wind energy installations in 2016 and added a new capacity of 23,328 MW.

This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into the following 3 categories:
By Company Type: Tier 1—10%, Tier 2—25%, and Tier 3—65%
By Designation: C-level—10%, Director Level—30%, and Others—60%
By Region: North America—20%, Europe—15%, Asia Pacific—45%, Latin America—11%, and the Middle East & Africa—9%

The report provides a comprehensive analysis of companies operating in the GFRP composites market. They are as follows:
• Owen Corning (US)
• Jushi Group (China)
• PPG Industries (US)
• AGY Holding (US)
• Taishan Fiberglass (China)
• Saint Gobain (France)
• Nippon Sheet Glass (Japan)
• CPIC (China)
• Asahi Fiber Glass (Japan)

Research Coverage
This report covers the global GFRP composites market and forecasts the market size till 2022. The report includes market segmentation on the basis of manufacturing process, resin type, end-use industry, and region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa). The Porter’s Five Force analysis, along with drivers, restraints, challenges, and opportunities of the market have been discussed in the report. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Reasons to Buy the Report
The report is expected to help market leaders/new entrants in the GFRP composites market in the following ways:
1. This report segments the GFRP composites market comprehensively and provides the closest approximations of the revenue numbers for the overall market and its subsegments across different verticals and regions.
2. The report is expected to help stakeholders understand the pulse of the market and provides the information on key market drivers, restraints, challenges, and opportunities.
3. This report is expected to help stakeholders understand competitors and gain insights to enhance their positions in the GFRP composites market. The competitive landscape section includes the ecosystem of the competitors, investments & expansions, new product launches, and agreements.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • UNIT CONSIDERED
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTARACTIVE MARKET OPPORTUNITIES FOR GFRP COMPOSITES
    • GFRP COMPOSITES MARKET, BY END-USE INDUSTRY
    • GFRP COMPOSITES MARKET SHARE, BY REGION AND END-USE INDUSTRY, 2016
    • GFRP COMPOSITES MARKET, BY COUNTRY
    • GFRP COMPOSITES MARKET, BY RESIN TYPE
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table GLOBAL WIND ENERGY INSTALLATIONS, 2011-2016
        • Table EUROPEAN UNION: CO2 EMISSION STANDARDS FOR NEW PASSENGER CARS (G/KM)
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER’S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • MACROECONOMIC OVERVIEW AND KEY TRENDS
    • INTRODUCTION
    • TRENDS AND FORECAST OF GDP
      • Table TRENDS AND FORECAST OF GDP, USD BILLION (2017-2022)
    • PER CAPITA GDP VS. PER CAPITA COMPOSITE MATERIALS DEMAND
      • Table PER CAPITA GDP VS. PER CAPITA COMPOSITE MATERIALS DEMAND, 2016
    • TRENDS AND FORECAST OF THE CONSTRUCTION INDUSTRY
      • Table CONSTRUCTION INDUSTRY SPENDINGS IN NORTH AMERICA, USD BILLION (2015-2022)
      • Table CONSTRUCTION INDUSTRY SPENDINGS IN EUROPE, USD BILLION (2015-2022)
      • Table CONSTRUCTION INDUSTRY SPENDINGS IN APAC, USD BILLION (2015-2022)
      • Table CONSTRUCTION INDUSTRY SPENDINGS IN MEA, USD BILLION (2015-2022)
      • Table CONSTRUCTION INDUSTRY SPENDINGS IN LATIN AMERICA,USD BILLION (2015-2022)
    • TRENDS IN THE WIND ENERGY INDUSTRY
      • Table WIND ENERGY INSTALLATION, MW (2015-2016)
    • TRENDS IN THE AEROSPACE INDUSTRY
      • Table MARKET OF NEW AIRPLANES, 2017-2036
    • TRENDS IN THE AUTOMOTIVE INDUSTRY
      • Table AUTOMOTIVE PRODUCTION, MILLION UNITS (2011-2016)
  • GFRP COMPOSITES MARKET, BY RESIN TYPE
    • INTRODUCTION
      • Table GFRP COMPOSITES MARKET SIZE, BY RESIN TYPE, 2015-2022 (USD BILLION)
      • Table GFRP COMPOSITES MARKET SIZE, BY RESIN TYPE, 2015-2022 (KILOTON)
    • POLYESTER
      • Table POLYESTER RESIN-BASED GFRP COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION)
      • Table POLYESTER RESIN-BASED GFRP COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • VINYL ESTER
      • Table VINYL ESTER RESIN-BASED GFRP COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION)
      • Table VINYL ESTER RESIN-BASED GFRP COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • EPOXY
      • Table EPOXY RESIN-BASED GFRP COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION)
      • Table EPOXY RESIN-BASED GFRP COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • POLYURETHANE
      • Table POLYURETHANE RESIN-BASED GFRP COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table POLYURETHANE RESIN-BASED GFRP COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • THERMOPLASTIC
      • Table THERMOPLASTIC RESIN-BASED GFRP COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION)
      • Table THERMOPLASTIC RESIN-BASED GFRP COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • OTHERS
      • PHENOLIC
      • BENZOXAZINE
      • CYANATE ESTER
      • BISMALIMIDE (BMI)
        • Table OTHER RESINS-BASED GFRP COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
        • Table OTHER RESINS-BASED GFRP COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
  • GFRP COMPOSITES MARKET, BY END-USE INDUSTRY
    • INTRODUCTION
      • Table GFRP COMPOSITES MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD BILLION)
      • Table GFRP COMPOSITES MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
    • WIND ENERGY
      • Table GERMANY: NEW WIND ENERGY INSTALLATIONS, 2012-2016 (MW)
      • Table FRANCE: ANNUAL WIND ENERGY INSTALLATIONS, 2012-2016 (MW)
      • Table UK: ANNUAL WIND ENERGY INSTALLATIONS, 2012-2016 (MW)
      • Table CHINA: NEW WIND ENERGY INSTALLATIONS, 2012-2016 (MW)
      • Table INDIA: NEW WIND ENERGY INSTALLATIONS, 2012-2016 (MW)
      • Table GFRP COMPOSITES MARKET SIZE IN WIND ENERGY, BY REGION, 2015-2022 (USD MILLION)
      • Table GFRP COMPOSITES MARKET SIZE IN WIND ENERGY, BY REGION, 2015-2022 (KILOTON)
    • ELECTRICAL & ELECTRONICS
      • Table GFRP COMPOSITES MARKET SIZE IN ELECTRICAL & ELECTRONICS, BY REGION, 2015-2022 (USD MILLION)
      • Table GFRP COMPOSITES MARKET SIZE IN ELECTRICAL & ELECTRONICS, BY REGION, 2015-2022 (KILOTON)
    • TRANSPORTATION
      • RAIL
      • AUTOMOTIVE
        • Table GFRP COMPOSITES MARKET SIZE IN TRANSPORTATION, BY REGION, 2015-2022 (USD BILLION)
        • Table GFRP COMPOSITES MARKET SIZE IN TRANSPORTATION, BY REGION, 2015-2022 (KILOTON)
    • PIPES & TANKS
      • OIL AND GAS
      • WATER & WASTEWATER TREATMENT PLANTS
      • PULP AND PAPER
      • OTHERS
        • Table GFRP COMPOSITES MARKET SIZE IN PIPES & TANKS, BY REGION, 2015-2022 (USD MILLION)
        • Table GFRP COMPOSITES MARKET SIZE IN PIPES & TANKS, BY REGION, 2015-2022 (KILOTON)
    • CONSTRUCTION & INFRASTRUCTURE
      • DECKING AND RAILING
      • REBARS
      • OTHERS
        • Table GFRP COMPOSITES MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE, BY REGION, 2015-2022 (USD MILLION)
        • Table GFRP COMPOSITES MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE, BY REGION, 2015-2022 (KILOTON)
    • MARINE
      • Table GFRP COMPOSITES MARKET SIZE IN MARINE, BY REGION, 2015-2022 (USD MILLION)
      • Table GFRP COMPOSITES MARKET SIZE IN MARINE, BY REGION, 2015-2022 (KILOTON)
    • AEROSPACE & DEFENSE
      • INTERIOR
      • EXTERIOR
        • Table DEMAND FOR NEW AIRPLANES, BY REGION, 2017-2036
        • Table GFRP COMPOSITES MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION, 2015-2022 (USD MILLION)
        • Table GFRP COMPOSITES MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION, 2015-2022 (KILOTON)
    • OTHER END-USE INDUSTRIES
      • HEALTHCARE
      • CONSUMER GOODS
      • SPORTING GOODS
        • Table GFRP COMPOSITES MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2015-2022 (USD MILLION)
        • Table GFRP COMPOSITES MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2015-2022 (KILOTON)
  • GFRP COMPOSITES MARKET, BY MANUFACTURING PROCESS
    • INTRODUCTION
      • Table COMPARATIVE STUDY OF MAJOR COMPOSITE MANUFACTURING PROCESSES
      • Table GFRP COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2015-2022 (USD BILLION)
      • Table GFRP COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2015-2022 (KILOTON)
    • COMPRESSION & INJECTION MOLDING PROCESS
      • Table GFRP COMPOSITES MARKET SIZE FOR COMPRESSION & INJECTION MOLDING, BY REGION, 2015-2022 (USD BILLION)
      • Table GFRP COMPOSITES MARKET SIZE FOR COMPRESSION & INJECTION MOLDING, BY REGION, 2015-2022 (KILOTON)
    • LAYUP
      • Table GFRP COMPOSITES MARKET SIZE FOR LAYUP, BY REGION, 2015-2022 (USD BILLION)
      • Table GFRP COMPOSITES MARKET SIZE FOR LAYUP, BY REGION, 2015-2022 (KILOTON)
    • FILAMENT WINDING
      • Table GFRP COMPOSITES MARKET SIZE FOR FILAMENT WINDING, BY REGION, 2015-2022 (USD BILLION)
      • Table GFRP COMPOSITES MARKET SIZE FOR FILAMENT WINDING, BY REGION, 2015-2022 (KILOTON)
    • PULTRUSION
      • Table GFRP COMPOSITES MARKET SIZE FOR PULTRUSION, BY REGION, 2015-2022 (USD MILLION)
      • Table GFRP COMPOSITES MARKET SIZE FOR PULTRUSION, BY REGION, 2015-2022 (KILOTON)
    • RESIN TRANSFER MOLDING (RTM)
      • Table GFRP COMPOSITES MARKET SIZE FOR RTM, BY REGION, 2015-2022 (USD BILLION)
      • Table GFRP COMPOSITES MARKET SIZE FOR RTM, BY REGION, 2015-2022 (KILOTON)
    • OTHER MANUFACTURING PROCESSES
      • Table GFRP COMPOSITES MARKET SIZE FOR OTHER MANUFACTURING PROCESSES, BY REGION, 2015-2022 (USD MILLION)
      • Table GFRP COMPOSITES MARKET SIZE FOR OTHER MANUFACTURING PROCESSES, BY REGION, 2015-2022 (KILOTON)
  • GFRP COMPOSITES MARKET, BY REGION
    • INTRODUCTION
      • Table GFRP COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION)
      • Table GFRP COMPOSITES MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
    • NORTH AMERICA
      • Table NORTH AMERICA: GFRP COMPOSITES MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: GFRP COMPOSITES MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table NORTH AMERICA: GFRP COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (USD BILLION)
      • Table NORTH AMERICA: GFRP COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • US
      • CANADA
    • EUROPE
      • Table EUROPE: GFRP COMPOSITES MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • Table EUROPE: GFRP COMPOSITES MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table EUROPE: GFRP COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (USD BILLION)
      • Table EUROPE: GFRP COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • GERMANY
      • UK
      • FRANCE
      • ITALY
      • SPAIN
      • TURKEY
      • RUSSIA
      • POLAND
      • AUSTRIA
      • NETHERLANDS
      • REST OF EUROPE
    • APAC
      • Table APAC: GFRP COMPOSITES MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD BILLION)
      • Table APAC: GFRP COMPOSITES MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table APAC: GFRP COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table APAC: GFRP COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • CHINA
      • INDIA
      • JAPAN
      • SOUTH KOREA
      • MALAYSIA
      • AUSTRALIA & NEW ZEALAND
      • SINGAPORE
      • REST OF APAC
    • MEA
      • Table MEA: GFRP COMPOSITES MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • Table MEA: GFRP COMPOSITES MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table MEA: GFRP COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table MEA: GFRP COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • SOUTH AFRICA
      • SAUDI ARABIA
      • UAE
      • REST OF MEA
    • LATIN AMERICA
      • Table LATIN AMERICA: GFRP COMPOSITES MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • Table LATIN AMERICA: GFRP COMPOSITES MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table LATIN AMERICA: GFRP COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table LATIN AMERICA: GFRP COMPOSITES MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • BRAZIL
      • MEXICO
      • ARGENTINA
      • REST OF LATIN AMERICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET SHARE ANALYSIS OF TOP PLAYERS
    • COMPETITIVE SCENARIO
      • INVESTMENTS & EXPANSIONS
        • Table INVESTMENTS AND EXPANSIONS, 2012-2017
      • AGREEMENTS, PARTNERSHIPS, AND JOINT VENTURES
        • Table AGREEMENTS, PARTNERSHIPS, AND JOINT VENTURES, 2012-2017
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2012-2017
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2012-2017
  • COMPANY PROFILES
    • OWENS CORNING
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • JUSHI GROUP CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • CHONGQING POLYCOMP INTERNATIONAL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • PPG INDUSTRIES, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • JOHNS MANVILLE CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SAINT-GOBAIN S.A.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • NIPPON SHEET GLASS CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • TAISHAN FIBERGLASS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • AGY HOLDINGS CORP.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ASAHI FIBER GLASS CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • OTHER COMPANIES
      • BINANI INDUSTRIES LTD.
      • BGF INDUSTRIES, INC.
      • CHINA BEIHAI FIBERGLASS CO., LTD.
      • NITTO BOSEKI CO., LTD.
      • JIANGSU JIUDING NEW MATERIAL CO., LTD.
      • PFG FIBERGLASS CORPORATION
      • CELANESE CORPORATION
      • SAERTEX GMBH
      • RELIANCE INDUSTRIES
      • CHINA NATIONAL BUILDING MATERIAL COMPANY LTD.
      • QUANTUM COMPOSITES
      • ADVANCED COMPOSITES INC.
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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