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FRP Composite Materials-Global Market Insights and Sales Trends 2024
Synopsis
Fibre-reinforced plastic (FRP) is a composite material made of a polymer matrix reinforced with fibres. The fibres are usually glass (in fibreglass), carbon (in carbon-fiber-reinforced polymer), aramid, or basalt.
The global FRP Composite Materials market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of FRP Composite Materials in various end use industries. The expanding demands from the Automotive, Construction, Electronic and Defense, are propelling FRP Composite Materials market. Glass Fiber, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Carbon Fiber segment is estimated at % CAGR for the next seven-year period.
Demand for FRP compound substances is increasing rapidly due to its properties such as lightweight; FRP is 70% lighter compared to various metals and provides high strength like that of metals.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for FRP Composite Materials, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global FRP Composite Materials market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global FRP Composite Materials market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, FRP Composite Materials sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of FRP Composite Materials covered in this report include Reliance Industries, Aeron Composite, Composites, Chemposites, Fibregrate, Carlson, American Fiberglass Rebar, American Grating and Engineered Composites, etc.
The global FRP Composite Materials market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Reliance Industries
Aeron Composite
Composites
Chemposites
Fibregrate
Carlson
American Fiberglass Rebar
American Grating
Engineered Composites
B&B FRP Manufacturing
FRP Composites
Ten Cate NV
Zoltek
Hyosung
Global FRP Composite Materials market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global FRP Composite Materials market, Segment by Type:
Glass Fiber
Carbon Fiber
Other
Global FRP Composite Materials market, by Application
Automotive
Construction
Electronic
Defense
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of FRP Composite Materials manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of FRP Composite Materials in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Fibre-reinforced plastic (FRP) is a composite material made of a polymer matrix reinforced with fibres. The fibres are usually glass (in fibreglass), carbon (in carbon-fiber-reinforced polymer), aramid, or basalt.
The global FRP Composite Materials market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of FRP Composite Materials in various end use industries. The expanding demands from the Automotive, Construction, Electronic and Defense, are propelling FRP Composite Materials market. Glass Fiber, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Carbon Fiber segment is estimated at % CAGR for the next seven-year period.
Demand for FRP compound substances is increasing rapidly due to its properties such as lightweight; FRP is 70% lighter compared to various metals and provides high strength like that of metals.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for FRP Composite Materials, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global FRP Composite Materials market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global FRP Composite Materials market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, FRP Composite Materials sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of FRP Composite Materials covered in this report include Reliance Industries, Aeron Composite, Composites, Chemposites, Fibregrate, Carlson, American Fiberglass Rebar, American Grating and Engineered Composites, etc.
The global FRP Composite Materials market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Reliance Industries
Aeron Composite
Composites
Chemposites
Fibregrate
Carlson
American Fiberglass Rebar
American Grating
Engineered Composites
B&B FRP Manufacturing
FRP Composites
Ten Cate NV
Zoltek
Hyosung
Global FRP Composite Materials market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global FRP Composite Materials market, Segment by Type:
Glass Fiber
Carbon Fiber
Other
Global FRP Composite Materials market, by Application
Automotive
Construction
Electronic
Defense
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of FRP Composite Materials manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of FRP Composite Materials in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 FRP Composite Materials Market Overview
1.1 FRP Composite Materials Product Overview
1.2 FRP Composite Materials Market Segment by Type
1.2.1 Glass Fiber
1.2.2 Carbon Fiber
1.2.3 Other
1.3 Global FRP Composite Materials Market Size by Type
1.3.1 Global FRP Composite Materials Market Size Overview by Type (2018-2029)
1.3.2 Global FRP Composite Materials Historic Market Size Review by Type (2018-2023)
1.3.3 Global FRP Composite Materials Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America FRP Composite Materials Sales Breakdown by Type (2018-2023)
1.4.2 Europe FRP Composite Materials Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific FRP Composite Materials Sales Breakdown by Type (2018-2023)
1.4.4 Latin America FRP Composite Materials Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa FRP Composite Materials Sales Breakdown by Type (2018-2023)
2 Global FRP Composite Materials Market Competition by Company
2.1 Global Top Players by FRP Composite Materials Sales (2018-2023)
2.2 Global Top Players by FRP Composite Materials Revenue (2018-2023)
2.3 Global Top Players by FRP Composite Materials Price (2018-2023)
2.4 Global Top Manufacturers FRP Composite Materials Manufacturing Base Distribution, Sales Area, Product Type
2.5 FRP Composite Materials Market Competitive Situation and Trends
2.5.1 FRP Composite Materials Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by FRP Composite Materials Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in FRP Composite Materials as of 2022)
2.7 Date of Key Manufacturers Enter into FRP Composite Materials Market
2.8 Key Manufacturers FRP Composite Materials Product Offered
2.9 Mergers & Acquisitions, Expansion
3 FRP Composite Materials Status and Outlook by Region
3.1 Global FRP Composite Materials Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global FRP Composite Materials Historic Market Size by Region
3.2.1 Global FRP Composite Materials Sales in Volume by Region (2018-2023)
3.2.2 Global FRP Composite Materials Sales in Value by Region (2018-2023)
3.2.3 Global FRP Composite Materials Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global FRP Composite Materials Forecasted Market Size by Region
3.3.1 Global FRP Composite Materials Sales in Volume by Region (2024-2029)
3.3.2 Global FRP Composite Materials Sales in Value by Region (2024-2029)
3.3.3 Global FRP Composite Materials Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global FRP Composite Materials by Application
4.1 FRP Composite Materials Market Segment by Application
4.1.1 Automotive
4.1.2 Construction
4.1.3 Electronic
4.1.4 Defense
4.1.5 Others
4.2 Global FRP Composite Materials Market Size by Application
4.2.1 Global FRP Composite Materials Market Size Overview by Application (2018-2029)
4.2.2 Global FRP Composite Materials Historic Market Size Review by Application (2018-2023)
4.2.3 Global FRP Composite Materials Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America FRP Composite Materials Sales Breakdown by Application (2018-2023)
4.3.2 Europe FRP Composite Materials Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific FRP Composite Materials Sales Breakdown by Application (2018-2023)
4.3.4 Latin America FRP Composite Materials Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa FRP Composite Materials Sales Breakdown by Application (2018-2023)
5 North America FRP Composite Materials by Country
5.1 North America FRP Composite Materials Historic Market Size by Country
5.1.1 North America FRP Composite Materials Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America FRP Composite Materials Sales in Volume by Country (2018-2023)
5.1.3 North America FRP Composite Materials Sales in Value by Country (2018-2023)
5.2 North America FRP Composite Materials Forecasted Market Size by Country
5.2.1 North America FRP Composite Materials Sales in Volume by Country (2024-2029)
5.2.2 North America FRP Composite Materials Sales in Value by Country (2024-2029)
6 Europe FRP Composite Materials by Country
6.1 Europe FRP Composite Materials Historic Market Size by Country
6.1.1 Europe FRP Composite Materials Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe FRP Composite Materials Sales in Volume by Country (2018-2023)
6.1.3 Europe FRP Composite Materials Sales in Value by Country (2018-2023)
6.2 Europe FRP Composite Materials Forecasted Market Size by Country
6.2.1 Europe FRP Composite Materials Sales in Volume by Country (2024-2029)
6.2.2 Europe FRP Composite Materials Sales in Value by Country (2024-2029)
7 Asia-Pacific FRP Composite Materials by Region
7.1 Asia-Pacific FRP Composite Materials Historic Market Size by Region
7.1.1 Asia-Pacific FRP Composite Materials Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific FRP Composite Materials Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific FRP Composite Materials Sales in Value by Region (2018-2023)
7.2 Asia-Pacific FRP Composite Materials Forecasted Market Size by Region
7.2.1 Asia-Pacific FRP Composite Materials Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific FRP Composite Materials Sales in Value by Region (2024-2029)
8 Latin America FRP Composite Materials by Country
8.1 Latin America FRP Composite Materials Historic Market Size by Country
8.1.1 Latin America FRP Composite Materials Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America FRP Composite Materials Sales in Volume by Country (2018-2023)
8.1.3 Latin America FRP Composite Materials Sales in Value by Country (2018-2023)
8.2 Latin America FRP Composite Materials Forecasted Market Size by Country
8.2.1 Latin America FRP Composite Materials Sales in Volume by Country (2024-2029)
8.2.2 Latin America FRP Composite Materials Sales in Value by Country (2024-2029)
9 Middle East and Africa FRP Composite Materials by Country
9.1 Middle East and Africa FRP Composite Materials Historic Market Size by Country
9.1.1 Middle East and Africa FRP Composite Materials Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa FRP Composite Materials Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa FRP Composite Materials Sales in Value by Country (2018-2023)
9.2 Middle East and Africa FRP Composite Materials Forecasted Market Size by Country
9.2.1 Middle East and Africa FRP Composite Materials Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa FRP Composite Materials Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Reliance Industries
10.1.1 Reliance Industries Company Information
10.1.2 Reliance Industries Introduction and Business Overview
10.1.3 Reliance Industries FRP Composite Materials Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Reliance Industries FRP Composite Materials Products Offered
10.1.5 Reliance Industries Recent Development
10.2 Aeron Composite
10.2.1 Aeron Composite Company Information
10.2.2 Aeron Composite Introduction and Business Overview
10.2.3 Aeron Composite FRP Composite Materials Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Aeron Composite FRP Composite Materials Products Offered
10.2.5 Aeron Composite Recent Development
10.3 Composites
10.3.1 Composites Company Information
10.3.2 Composites Introduction and Business Overview
10.3.3 Composites FRP Composite Materials Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Composites FRP Composite Materials Products Offered
10.3.5 Composites Recent Development
10.4 Chemposites
10.4.1 Chemposites Company Information
10.4.2 Chemposites Introduction and Business Overview
10.4.3 Chemposites FRP Composite Materials Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Chemposites FRP Composite Materials Products Offered
10.4.5 Chemposites Recent Development
10.5 Fibregrate
10.5.1 Fibregrate Company Information
10.5.2 Fibregrate Introduction and Business Overview
10.5.3 Fibregrate FRP Composite Materials Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Fibregrate FRP Composite Materials Products Offered
10.5.5 Fibregrate Recent Development
10.6 Carlson
10.6.1 Carlson Company Information
10.6.2 Carlson Introduction and Business Overview
10.6.3 Carlson FRP Composite Materials Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Carlson FRP Composite Materials Products Offered
10.6.5 Carlson Recent Development
10.7 American Fiberglass Rebar
10.7.1 American Fiberglass Rebar Company Information
10.7.2 American Fiberglass Rebar Introduction and Business Overview
10.7.3 American Fiberglass Rebar FRP Composite Materials Sales, Revenue and Gross Margin (2018-2023)
10.7.4 American Fiberglass Rebar FRP Composite Materials Products Offered
10.7.5 American Fiberglass Rebar Recent Development
10.8 American Grating
10.8.1 American Grating Company Information
10.8.2 American Grating Introduction and Business Overview
10.8.3 American Grating FRP Composite Materials Sales, Revenue and Gross Margin (2018-2023)
10.8.4 American Grating FRP Composite Materials Products Offered
10.8.5 American Grating Recent Development
10.9 Engineered Composites
10.9.1 Engineered Composites Company Information
10.9.2 Engineered Composites Introduction and Business Overview
10.9.3 Engineered Composites FRP Composite Materials Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Engineered Composites FRP Composite Materials Products Offered
10.9.5 Engineered Composites Recent Development
10.10 B&B FRP Manufacturing
10.10.1 B&B FRP Manufacturing Company Information
10.10.2 B&B FRP Manufacturing Introduction and Business Overview
10.10.3 B&B FRP Manufacturing FRP Composite Materials Sales, Revenue and Gross Margin (2018-2023)
10.10.4 B&B FRP Manufacturing FRP Composite Materials Products Offered
10.10.5 B&B FRP Manufacturing Recent Development
10.11 FRP Composites
10.11.1 FRP Composites Company Information
10.11.2 FRP Composites Introduction and Business Overview
10.11.3 FRP Composites FRP Composite Materials Sales, Revenue and Gross Margin (2018-2023)
10.11.4 FRP Composites FRP Composite Materials Products Offered
10.11.5 FRP Composites Recent Development
10.12 Ten Cate NV
10.12.1 Ten Cate NV Company Information
10.12.2 Ten Cate NV Introduction and Business Overview
10.12.3 Ten Cate NV FRP Composite Materials Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Ten Cate NV FRP Composite Materials Products Offered
10.12.5 Ten Cate NV Recent Development
10.13 Zoltek
10.13.1 Zoltek Company Information
10.13.2 Zoltek Introduction and Business Overview
10.13.3 Zoltek FRP Composite Materials Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Zoltek FRP Composite Materials Products Offered
10.13.5 Zoltek Recent Development
10.14 Hyosung
10.14.1 Hyosung Company Information
10.14.2 Hyosung Introduction and Business Overview
10.14.3 Hyosung FRP Composite Materials Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Hyosung FRP Composite Materials Products Offered
10.14.5 Hyosung Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 FRP Composite Materials Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 FRP Composite Materials Industrial Chain Analysis
11.4 FRP Composite Materials Market Dynamics
11.4.1 FRP Composite Materials Industry Trends
11.4.2 FRP Composite Materials Market Drivers
11.4.3 FRP Composite Materials Market Challenges
11.4.4 FRP Composite Materials Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 FRP Composite Materials Distributors
12.3 FRP Composite Materials Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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