PUBLISHER: QYResearch | PRODUCT CODE: 1867966
PUBLISHER: QYResearch | PRODUCT CODE: 1867966
The global market for Glass Fiber Reinforced Polypropylene was estimated to be worth US$ 3827 million in 2024 and is forecast to a readjusted size of US$ 5250 million by 2031 with a CAGR of 4.9% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Glass Fiber Reinforced Polypropylene cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
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 material (GFPP) is a type of the material which has excellent mechanical properties, resistance to acid alkali, creep resistance, high thermal decomposition temperature and strong hydrophobicity.
Global key players of Glass Fiber Reinforced Polypropylene include SABIC, Celanese, Borealis, etc. The top three players hold a share over 40%. The main production areas are North America, China, Europe, Japan, etc. In terms of product type, PP-LGF is the largest segment, occupied for a share of 70%, and in terms of application, automobile has a share about 70 percent.
Future development trends
High performance:
With the continuous advancement of science and technology and the continuous increase in demand, the performance of glass fiber reinforced polypropylene will be further improved to meet higher-end application needs.
Environmental protection:
Environmental protection and sustainable development are important directions for the development of future materials. As an environmentally friendly material, the production and application of glass fiber reinforced polypropylene will pay more attention to environmental protection and sustainability.
Expansion of application areas:
In addition to traditional automobiles and electronics, glass fiber reinforced polypropylene will also expand to more application areas, such as aerospace, medical devices, etc.
Market demand growth:
With the recovery of the global economy and the development of emerging markets, the market demand for glass fiber reinforced polypropylene will continue to grow. Especially in the Asia-Pacific region, the rapid economic development of countries such as China and India will drive the market demand for this material.
Industry chain integration:
In the future, the glass fiber reinforced polypropylene industry chain will be further integrated to form a more complete industrial system and supply chain. This will help reduce production costs, improve product quality and promote technological innovation.
This report aims to provide a comprehensive presentation of the global market for Glass Fiber Reinforced Polypropylene, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Glass Fiber Reinforced Polypropylene by region & country, by Purity, and by Application.
The Glass Fiber Reinforced Polypropylene market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Glass Fiber Reinforced Polypropylene.
Market Segmentation
By Company
Segment by Purity
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Glass Fiber Reinforced Polypropylene manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Purity, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Glass Fiber Reinforced Polypropylene in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Glass Fiber Reinforced Polypropylene in country level. It provides sigmate data by Purity, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.