Global Glass Reinforced Plastic Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Glass Reinforced Plastic Market is presumed to reach the market size of nearly USD 94.73 Billion by 2032 from USD 51.88 Billion in 2023 with a CAGR of 6.92% under the study period 2024 - 2032.

Glass Reinforced Plastic (GRP), commonly referred to as fiberglass, is a composite material consisting of a plastic matrix strengthened by embedded glass fibers. It is known for its strength, durability, and versatility, making it suitable for various applications, including construction and automotive components.

MARKET DYNAMICS

The glass reinforced plastic (GRP) market is experiencing significant growth driven by diverse factors influencing industries ranging from construction to automotive. GRP, also known as fiberglass, is valued for its lightweight yet sturdy properties, making it a preferred material in various applications. The construction sector, seeking durable and corrosion-resistant materials, contributes significantly to the demand for GRP in the form of panels, pipes, and structural components. In the automotive industry, GRP's role in manufacturing lightweight and fuel-efficient vehicles enhances its market presence. The emphasis on energy efficiency and sustainability across industries further propels the adoption of GRP. Additionally, the versatility of GRP, allowing for intricate designs and shapes, makes it a favored choice in architectural and industrial applications. Innovations in GRP formulations, including recycled and bio-based options, align with the global push towards eco-friendly materials, driving the continual growth of the glass reinforced plastic market.

The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of glass reinforced plastic. The growth and trends of Glass Reinforced Plastic Industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the glass reinforced plastic market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Composite Material Type

Glass Fiber
Polyester
Vinyl
Epoxy

By Manufacturing Process

SMC/BMC
Open Mold
Resin Transfer Molding
Continuous Processing
Others

By End-Use

Automotive
Construction
Electronics
Sports
Others

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Glass Reinforced Plastic market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the glass reinforced plastic market include Racolin Ltd., Gees Recycling Srl, Kolon Corporation, HLB Co., Ltd., Sulmu Oy, Quadrant Plastic Composites AG, Epwin Group PLC, Fibrelite Ltd., Scott Plastics Ltd., Fibre Reinforced Thermoplastics B.V., PPG Industries, Owens Corning, Jushi Group. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR112113645

1 . PREFACE

1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3 . GLASS REINFORCED PLASTIC - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Composite Material Type
- 3.7.2 Market Attractiveness Analysis By Manufacturing Process
- 3.7.3 Market Attractiveness Analysis By End-use
- 3.7.4 Market Attractiveness Analysis By Region

4 . VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend

5 . GLOBAL GLASS REINFORCED PLASTIC MARKET ANALYSIS BY COMPOSITE MATERIAL TYPE

5.1 Overview by Composite Material Type
5.2 Historical and Forecast Data
5.3 Analysis by Composite Material Type
5.4 Glass Fiber Historic and Forecast Sales by Regions
5.5 Polyester Historic and Forecast Sales by Regions
5.6 Vinyl Historic and Forecast Sales by Regions
5.7 Epoxy Historic and Forecast Sales by Regions

6 . GLOBAL GLASS REINFORCED PLASTIC MARKET ANALYSIS BY MANUFACTURING PROCESS

6.1 Overview by Manufacturing Process
6.2 Historical and Forecast Data
6.3 Analysis by Manufacturing Process
6.4 SMC/BMC Historic and Forecast Sales by Regions
6.5 Open Mold Historic and Forecast Sales by Regions
6.6 Resin Transfer Molding Historic and Forecast Sales by Regions
6.7 Continuous Processing Historic and Forecast Sales by Regions
6.8 Others Historic and Forecast Sales by Regions

7 . GLOBAL GLASS REINFORCED PLASTIC MARKET ANALYSIS BY END-USE

7.1 Overview by End-use
7.2 Historical and Forecast Data
7.3 Analysis by End-use
7.4 Automotive Historic and Forecast Sales by Regions
7.5 Construction Historic and Forecast Sales by Regions
7.6 Electronics Historic and Forecast Sales by Regions
7.7 Sports Historic and Forecast Sales by Regions
7.8 Others Historic and Forecast Sales by Regions

8 . GLOBAL GLASS REINFORCED PLASTIC MARKET ANALYSIS BY GEOGRAPHY

8.1. Regional Outlook
8.2. Introduction
8.3. North America Sales Analysis
- 8.3.1. Overview, Historic and Forecast Data Sales Analysis
- 8.3.2. North America By Segment Sales Analysis
- 8.3.3. North America By Country Sales Analysis
- 8.3.4. United State Sales Analysis
- 8.3.5. Canada Sales Analysis
- 8.3.6. Mexico Sales Analysis
8.4. Europe Sales Analysis
- 8.4.1. Overview, Historic and Forecast Data Sales Analysis
- 8.4.2. Europe by Segment Sales Analysis
- 8.4.3. Europe by Country Sales Analysis
- 8.4.4. United Kingdom Sales Analysis
- 8.4.5. France Sales Analysis
- 8.4.6. Germany Sales Analysis
- 8.4.7. Italy Sales Analysis
- 8.4.8. Russia Sales Analysis
- 8.4.9. Rest Of Europe Sales Analysis
8.5. Asia Pacific Sales Analysis
- 8.5.1. Overview, Historic and Forecast Data Sales Analysis
- 8.5.2. Asia Pacific by Segment Sales Analysis
- 8.5.3. Asia Pacific by Country Sales Analysis
- 8.5.4. China Sales Analysis
- 8.5.5. India Sales Analysis
- 8.5.6. Japan Sales Analysis
- 8.5.7. South Korea Sales Analysis
- 8.5.8. Australia Sales Analysis
- 8.5.9. South East Asia Sales Analysis
- 8.5.10. Rest Of Asia Pacific Sales Analysis
8.6. Latin America Sales Analysis
- 8.6.1. Overview, Historic and Forecast Data Sales Analysis
- 8.6.2. Latin America by Segment Sales Analysis
- 8.6.3. Latin America by Country Sales Analysis
- 8.6.4. Brazil Sales Analysis
- 8.6.5. Argentina Sales Analysis
- 8.6.6. Peru Sales Analysis
- 8.6.7. Chile Sales Analysis
- 8.6.8. Rest of Latin America Sales Analysis
8.7. Middle East & Africa Sales Analysis
- 8.7.1. Overview, Historic and Forecast Data Sales Analysis
- 8.7.2. Middle East & Africa by Segment Sales Analysis
- 8.7.3. Middle East & Africa by Country Sales Analysis
- 8.7.4. Saudi Arabia Sales Analysis
- 8.7.5. UAE Sales Analysis
- 8.7.6. Israel Sales Analysis
- 8.7.7. South Africa Sales Analysis
- 8.7.8. Rest Of Middle East And Africa Sales Analysis

9 . COMPETITIVE LANDSCAPE OF THE GLASS REINFORCED PLASTIC COMPANIES

9.1. Glass Reinforced Plastic Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments

10 . COMPANY PROFILES OF GLASS REINFORCED PLASTIC INDUSTRY

10.1. Company Share Analysis
10.2. Market Concentration Rate
10.3. Racolin Ltd.
- 10.3.1. Company Overview
- 10.3.2. Company Revenue
- 10.3.3. Products
- 10.3.4. Recent Developments
10.4. Gees Recycling Srl
- 10.4.1. Company Overview
- 10.4.2. Company Revenue
- 10.4.3. Products
- 10.4.4. Recent Developments
10.5. Kolon Corporation
- 10.5.1. Company Overview
- 10.5.2. Company Revenue
- 10.5.3. Products
- 10.5.4. Recent Developments
10.6. HLB Co. Ltd.
- 10.6.1. Company Overview
- 10.6.2. Company Revenue
- 10.6.3. Products
- 10.6.4. Recent Developments
10.7. Sulmu Oy
- 10.7.1. Company Overview
- 10.7.2. Company Revenue
- 10.7.3. Products
- 10.7.4. Recent Developments
10.8. Quadrant Plastic Composites AG
- 10.8.1. Company Overview
- 10.8.2. Company Revenue
- 10.8.3. Products
- 10.8.4. Recent Developments
10.9. Epwin Group PLC
- 10.9.1. Company Overview
- 10.9.2. Company Revenue
- 10.9.3. Products
- 10.9.4. Recent Developments
10.10. Fibrelite Ltd.
- 10.10.1. Company Overview
- 10.10.2. Company Revenue
- 10.10.3. Products
- 10.10.4. Recent Developments
10.11. Scott Plastics Ltd.
- 10.11.1. Company Overview
- 10.11.2. Company Revenue
- 10.11.3. Products
- 10.11.4. Recent Developments
10.12. Fibre Reinforced Thermoplastics B.V.
- 10.12.1. Company Overview
- 10.12.2. Company Revenue
- 10.12.3. Products
- 10.12.4. Recent Developments
10.13. PPG Industries
- 10.13.1. Company Overview
- 10.13.2. Company Revenue
- 10.13.3. Products
- 10.13.4. Recent Developments
10.14. Owens Corning
- 10.14.1. Company Overview
- 10.14.2. Company Revenue
- 10.14.3. Products
- 10.14.4. Recent Developments
10.15. Jushi Group
- 10.15.1. Company Overview
- 10.15.2. Company Revenue
- 10.15.3. Products
- 10.15.4. Recent Developments

Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies