PUBLISHER: Lucintel | PRODUCT CODE: 1153878
PUBLISHER: Lucintel | PRODUCT CODE: 1153878
FRP Panel Market Trends and Forecast
The future of the FRP panel market looks promising with opportunities in building and construction, trucks and trailers, recreational vehicles, and others. The global FRP panel market is expected to reach an estimated $1.4 billion by 2027 with a CAGR of 4.8% from 2021 to 2027. The major drivers for this market are the increasing residential and commercial construction activities and rising demand for durable, corrosion resistant, lightweight products in the construction and truck and trailer industries.
Emerging Trends in the FRP Panel Market
Emerging trends, which have a direct impact on the dynamics of the FRP panel industry, include carbon composites gaining popularity in the recreational vehicle market, and companies focusing on thermoplastic composites panel for the end use industries.
A total of 113 figures / charts and 119 tables are provided in this 204-page report to help in your business decisions. Learn the scope of benefits, companies researched, and other details of the FRP panel market report.
FRP Panel Market by Segment
By End Use [Value ($B) shipment analysis for 2016 - 2027]:
By Reinforcement Type [Value ($B) shipment analysis for 2016 - 2027]:
By Matrix [Value ($B) shipment analysis for 2016 - 2027]:
By Resin Group [Value ($B) shipment analysis for 2016 - 2027]:
By Region [Value ($B) shipment analysis for 2016 - 2027]:
US
Canada
Mexico
Germany
The United Kingdom
France
Russia
China
Japan
India
South Korea
Brazil
Argentina
List of FRP Panel Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies FRP panel companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the FRP panel companies profiled in this report includes.
FRP Panel Market Insight
Features of FRP Panel Market
FAQ
Q1. What is the FRP panel market size?
Answer:The global FRP panel market is expected to reach an estimated $1.4 billion by 2027.
Q2. What is the growth forecast for FRP panel market?
Answer:The FRP panel market is expected to grow at a CAGR of 4.8% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the FRP panel market?
Answer: The major drivers for this market are the increasing residential and commercial construction activities and rising demand for durable, corrosion resistant, lightweight products in the construction and truck and trailer industries.
Q4. What are the major applications or end use industries for FRP panel?
Answer:Building and construction, truck and trailer, and recreational vehicles are the major end use industries for FRP panel.
Q5. What are the emerging trends in FRP panel market?
Answer:Emerging trends, which have a direct impact on the dynamics of the FRP panel industry, include carbon composites gaining popularity in the recreational vehicle market, and companies focusing on thermoplastic composites panel for the end use industries.
Q6. Who are the key FRP panel companies?
Answer:Some of the key FRP panel companies are as follows:
Q7. Which FRP panel reinforcement segment will be the largest in future?
Answer: Lucintel forecasts that polyester based composites will remain the largest segment, and it is also expected to witness the highest growth over the forecast period due to its low cost and mostly used in applications, such as side wall panels, roof, and floors.
Q8. In FRP panel market, which region is expected to be the largest in next 5 years?
Answer:North America is expected to remain the largest region over next 5 years
Q9. Do we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.