Global GFRP Composites Industry

Global GFRP Composites Industry

  • February 2020 •
  • 278 pages •
  • Report ID: 5798671 •
  • Format: PDF
GFRP Composites market worldwide is projected to grow by US$22.4 Billion, driven by a compounded growth of 6.1%. Transportation, one of the segments analyzed and sized in this study, displays the potential to grow at over 7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$21.1 Billion by the year 2025, Transportation will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 5.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$792.7 Million to the region’s size and clout in the next 5 to 6 years. Over US$668.2 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Transportation will reach a market size of US$864.9 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 9.2% over the next couple of years and add approximately US$6.2 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,
  • Advanced Composites, Inc.
  • Agy Holdings Corp.
  • Asahi Fiber Glass Co., Ltd.
  • BGF Industries, Inc.
  • Celanese Corporation
  • China Beihai Fiberglass Co. Ltd.
  • China National Building Materials Group Co., Ltd.
  • Chongqing Polycomp International Corporation
  • Jiangsu Jiuding New Materials Co., Ltd.
  • John Manville
  • Nippon Sheet Glass Co., Ltd.
  • Nitto Boseki Co., Ltd.
  • Owens Corning
  • Pfg Fiberglass Corporation
  • PPG Industries, Inc.
  • Quantum Composites, Inc.
  • Reliance Industries Ltd.
  • SAERTEX GmbH & Co.KG
  • Saint-Gobain SA
  • Taishan Fiberglass, Inc.