Glass fibers are the materials consisting of extremely fine glass fibers, used in making various products, such as yarns, fabrics, insulators, and structural objects or parts. It is also called spun glass.
Glass fiber & glass fiber reinforced plastic (GFRP) composites refer to composite materials made of resin reinforced with glass fiber. GFRP composites is used for its high mechanical strength, light weight, corrosion and temperature resistant properties, thermal insulation, smooth internal surface, easy to form complex shapes, ease of repair and its cost effectiveness.
This report contains market size and forecasts of GF and GFRP Composites in global, including the following market information:
Global GF and GFRP Composites Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global GF and GFRP Composites Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five GF and GFRP Composites companies in 2021 (%)
The global GF and GFRP Composites market was valued at 39710 million in 2021 and is projected to reach US$ 50990 million by 2028, at a CAGR of 3.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Glass Fiber Products Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of GF and GFRP Composites include Owens Corning, Jushi Group, PPG Industries, CPIC, Taishan Fiberglass (Sinoma), Advanced Glassfiber Yarns, Binani-3B, Johns Mansville and Nippon Electric Glass, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the GF and GFRP Composites manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global GF and GFRP Composites Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global GF and GFRP Composites Market Segment Percentages, by Type, 2021 (%)
Glass Fiber Products
GFRP Products
Global GF and GFRP Composites Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global GF and GFRP Composites Market Segment Percentages, by Application, 2021 (%)
Building & Construction
Electronics
Transportation
Sport & Leisure
Others
Global GF and GFRP Composites Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global GF and GFRP Composites Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies GF and GFRP Composites revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies GF and GFRP Composites revenues share in global market, 2021 (%)
Key companies GF and GFRP Composites sales in global market, 2017-2022 (Estimated), (K MT)
Key companies GF and GFRP Composites sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Owens Corning
Jushi Group
PPG Industries
CPIC
Taishan Fiberglass (Sinoma)
Advanced Glassfiber Yarns
Binani-3B
Johns Mansville
Nippon Electric Glass
Nittobo
Saint-Gobain Vetrotex
BASF
Lanxess
DSM
SABIC
Avient
DuPont
Solvay
Hexion
Celanese
RTP
Sumitomo Bakelite
Evonik
Daicel
Kolon
Denka
Kingfa
PolyOne