Glass Fiber Reinforced Plastics Market Share 2025: Trends, Growth, Key Players, and Opportunities to 2033
Publishing Date : 24 January, 2025
Global "Glass Fiber Reinforced Plastics Market" Report: Growth Opportunities and Strategic Insights (2025-2033)
The Global "Glass Fiber Reinforced Plastics Market" report delivers a comprehensive evaluation of the industry's competitive landscape, emerging trends, and growth potential across various product types and applications. This Glass Fiber Reinforced Plastics market report provides a detailed analysis of market dynamics, including risks and opportunities, and offers strategic recommendations for businesses aiming to thrive in this evolving landscape. By exploring the development status, regional performance, and industry structure, the report offers a thorough understanding of niche markets and their potential for growth.
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What is Glass Fiber Reinforced Plastics?
The global Glass Fiber Reinforced Plastics market is projected to grow from USD 55350 million in 2023 to USD 84710 million by 2029, at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period.
The US & Canada market for Glass Fiber Reinforced Plastics is estimated to increase from USD million in 2023 to reach USD million by 2029, at a CAGR of Percent during the forecast period of 2023 through 2029.
The China market for Glass Fiber Reinforced Plastics is estimated to increase from USD million in 2023 to reach USD million by 2029, at a CAGR of Percent during the forecast period of 2023 through 2029.
The Europe market for Glass Fiber Reinforced Plastics is estimated to increase from USD million in 2023 to reach USD million by 2029, at a CAGR of Percent during the forecast period of 2023 through 2029.
The global key manufacturers of Glass Fiber Reinforced Plastics include Advanced Glassfiber Yarns, Asahi Glass, BASF, PPG, Binani 3b-The Fibreglass, Owens Corning, Chomarat Group, Johns Manville and Jushi Group, etc. In 2022, the global top five players had a share approximately % in terms of revenue.
In terms of production side, this report researches the Glass Fiber Reinforced Plastics production, growth rate, market share by manufacturers and by region (region level and country level), from 2018 to 2023, and forecast to 2029.
In terms of consumption side, this report focuses on the sales of Glass Fiber Reinforced Plastics by region (region level and country level), by company, by Type and by Application. from 2018 to 2023 and forecast to 2029.
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The global Glass Fiber Reinforced Plastics market is segmented by application, end-user, and region, with a primary focus on manufacturers operating across diverse areas. This report delivers a detailed analysis of the key factors propelling industry growth and evaluates the potential impact of various segments and applications on the market's future trajectory. Additionally, it provides a pricing analysis segmented by type, manufacturer, and region. The Glass Fiber Reinforced Plastics Market Share Report offers valuable insights into the market's value structure, cost dynamics, primary growth drivers, and overall industry landscape. It comprehensively examines global market size, demand trends, applications, revenue, products, regions, and segments.
Key Players in the Global Glass Fiber Reinforced Plastics Market
The report highlights major players shaping the Glass Fiber Reinforced Plastics market globally, along with their sales and revenue forecasts categorized by region, type, and application from 2022 to 2033. It includes insights into market share, key distributors, major suppliers, evolving price trends, and the raw material supply chain.
Additionally, the report identifies critical trends and factors influencing market growth or posing challenges, enabling stakeholders to pinpoint high-growth segments. Each submarket is thoroughly analyzed based on its unique growth trends and contributions to the overall Glass Fiber Reinforced Plastics market.
Who are the largest Key Players in the Glass Fiber Reinforced Plastics Market worldwide?
- Advanced Glassfiber Yarns
- Asahi Glass
- BASF
- PPG
- Binani 3b-The Fibreglass
- Owens Corning
- Chomarat Group
- Johns Manville
- Jushi Group
- Nippon Sheet Glass
- Nitto Boseki
- Saertex Group
- Saint-Gobain Vetrotex
- Taishan Fiberglass
- Chongqing Polycomp
- Shanghai Xiao-Bao FRP
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What are the types of Glass Fiber Reinforced Plastics available in the Market?
- Wind Energy
- Transportation
- Marine
- Pipe & Tanks
- Others
What are the factors driving application of the growth of the Glass Fiber Reinforced Plastics Market?
- Polyester
- Vinyl Ester
- Epoxy
- Polyurethane
- Peek Resin
- Others
The Global Glass Fiber Reinforced Plastics Market Trends development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.The global Glass Fiber Reinforced Plastics Market Growth is anticipated to rise at a considerable rate during the forecast period, between 2021 and 2033. In 2021, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
The Glass Fiber Reinforced Plastics plays a vital role in the industry. Its usage in North America, Europe, the USA, and China is governed by local regulations and vehicle emissions standards. In the Asia-Pacific (APAC) region, the specific usage of Glass Fiber Reinforced Plastics varies based on individual country regulations.
Which regions are leading the Glass Fiber Reinforced Plastics Market?
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Glass Fiber Reinforced Plastics Market Forecast (2025 - 2033)
The Glass Fiber Reinforced Plastics market is projected to experience steady growth between 2025 and 2033, indicating a favorable outlook for the industry. This growth is driven by several factors, including rising consumer demand, technological innovations, and evolving consumer preferences.
A key driver of this growth is the increasing focus on health and wellness, which is fueling demand for Glass Fiber Reinforced Plastics products seen as healthier and more natural. Additionally, advancements in technology have led to more efficient and sustainable production methods, further supporting market expansion.
Major players in the industry are making significant investments to foster innovation and enhance market growth. These initiatives include the development of new products and improvements in distribution networks, which are expected to boost demand in the future.
In conclusion, the Glass Fiber Reinforced Plastics market is set for sustained growth in the coming years, supported by growing consumer interest, technological advancements, and strategic investments from leading market players.
The Glass Fiber Reinforced Plastics Market Report highlights the following critical aspects:
- Market Size and Growth Rate: Comprehensive evaluation of the current market size and anticipated growth trends throughout the forecast period.
- Growth Drivers: Identification of the key factors propelling the expansion of the Glass Fiber Reinforced Plastics market.
- Market Trends: Insights into pivotal trends shaping the market's progression and development.
- Growth Challenges: Analysis of potential obstacles and challenges that could impede market growth.
- Leading Vendors: Focus on the prominent vendors influencing the competitive dynamics of the Glass Fiber Reinforced Plastics market.
- SWOT Analysis: In-depth assessment of the market's strengths, weaknesses, opportunities, and threats.
- Opportunities and Risks: Exploration of growth opportunities for vendors and the risks they may encounter.
- Regional Trends: Examination of impactful regional trends driving market changes across various geographic areas.
- Vendor Strategies: Overview of the strategic measures implemented by leading vendors to strengthen their market position.
- PEST Analysis: Evaluation of political, economic, social, and technological factors affecting the market across five major regions.
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Detailed TOC of Global Glass Fiber Reinforced Plastics Market Research Report, 2025-2033
1 Glass Fiber Reinforced Plastics Report Overview
1.1 Glass Fiber Reinforced Plastics Research Scope
1.2 Market Segment by Type
1.2.1 Global Glass Fiber Reinforced Plastics Market Size Growth Rate by Type, 2017 VS 2021 VS 2033
1.3 Market Segment by Application
1.3.1 Global Glass Fiber Reinforced Plastics Market Size Growth Rate by Application, 2017 VS 2021 VS 2033
1.4 Study Objectives
1.5 Years Considered
2 Global Market Production
2.1 Global Glass Fiber Reinforced Plastics Production Capacity (2017-2033)
2.2 Global Glass Fiber Reinforced Plastics Production by Region: 2017 VS 2021 VS 2033
2.3 Global Glass Fiber Reinforced Plastics Production by Region
2.3.1 Global Glass Fiber Reinforced Plastics Historic Production by Region (2017-2022)
2.3.2 Global Glass Fiber Reinforced Plastics Forecasted Production by Region (2023-2033)
2.4 Market Dynamics
2.4.1 Glass Fiber Reinforced Plastics Industry Trends
2.4.2 Glass Fiber Reinforced Plastics Market Drivers
2.4.3 Glass Fiber Reinforced Plastics Market Challenges
2.4.4 Glass Fiber Reinforced Plastics Market Restraints
3 Global Glass Fiber Reinforced Plastics Sales
3.1 Global Glass Fiber Reinforced Plastics Sales Estimates and Forecasts 2017-2033
3.2 Global Glass Fiber Reinforced Plastics Revenue Estimates and Forecasts 2017-2033
3.3 Global Glass Fiber Reinforced Plastics Revenue by Region: 2017 VS 2021 VS 2033
3.4 Global Top Glass Fiber Reinforced Plastics Regions by Sales
3.4.1 Global Top Glass Fiber Reinforced Plastics Regions by Sales (2017-2022)
3.4.2 Global Top Glass Fiber Reinforced Plastics Regions by Sales (2023-2033)
3.5 Global Top Glass Fiber Reinforced Plastics Regions by Revenue
3.5.1 Global Top Glass Fiber Reinforced Plastics Regions by Revenue (2017-2022)
3.5.2 Global Top Glass Fiber Reinforced Plastics Regions by Revenue (2023-2033)
4 Competition by Manufacturers
4.1 Global Glass Fiber Reinforced Plastics Production Capacity by Manufacturers
4.2 Global Glass Fiber Reinforced Plastics Sales by Manufacturers
4.2.1 Global Top Glass Fiber Reinforced Plastics Manufacturers by Sales (2017-2022)
4.2.2 Global Top Glass Fiber Reinforced Plastics Manufacturers Market Share by Sales (2017-2022)
4.2.3 Global Top 10 and Top 5 Companies by Glass Fiber Reinforced Plastics Sales in 2021
4.3 Global Glass Fiber Reinforced Plastics Revenue by Manufacturers
4.3.1 Global Top Glass Fiber Reinforced Plastics Manufacturers by Revenue (2017-2022)
4.3.2 Global Top Glass Fiber Reinforced Plastics Manufacturers Market Share by Revenue (2017-2022)
4.3.3 Global Top 10 and Top 5 Companies by Glass Fiber Reinforced Plastics Revenue in 2021
4.4 Global Glass Fiber Reinforced Plastics Sales Price by Manufacturers
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Glass Fiber Reinforced Plastics Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5.3 Global Glass Fiber Reinforced Plastics Manufacturers Geographical Distribution
4.6 Mergers & Acquisitions, Expansion Plans
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5 Estimates and Forecasts by Type
5.1 Global Glass Fiber Reinforced Plastics Sales by Type
5.1.1 Global Glass Fiber Reinforced Plastics Historical Sales by Type (2017-2022)
5.1.2 Global Glass Fiber Reinforced Plastics Forecasted Sales by Type (2023-2033)
5.1.3 Global Glass Fiber Reinforced Plastics Sales Market Share by Type (2017-2033)
5.2 Global Glass Fiber Reinforced Plastics Revenue by Type
5.2.1 Global Glass Fiber Reinforced Plastics Historical Revenue by Type (2017-2022)
5.2.2 Global Glass Fiber Reinforced Plastics Forecasted Revenue by Type (2023-2033)
5.2.3 Global Glass Fiber Reinforced Plastics Revenue Market Share by Type (2017-2033)
5.3 Global Glass Fiber Reinforced Plastics Price by Type
5.3.1 Global Glass Fiber Reinforced Plastics Price by Type (2017-2022)
5.3.2 Global Glass Fiber Reinforced Plastics Price Forecast by Type (2023-2033)
6 Glass Fiber Reinforced Plastics Market Size by Application
6.1 Global Glass Fiber Reinforced Plastics Sales by Application
6.1.1 Global Glass Fiber Reinforced Plastics Historical Sales by Application (2017-2022)
6.1.2 Global Glass Fiber Reinforced Plastics Forecasted Sales by Application (2023-2033)
6.1.3 Global Glass Fiber Reinforced Plastics Sales Market Share by Application (2017-2033)
6.2 Global Glass Fiber Reinforced Plastics Revenue by Application
6.2.1 Global Glass Fiber Reinforced Plastics Historical Revenue by Application (2017-2022)
6.2.2 Global Glass Fiber Reinforced Plastics Forecasted Revenue by Application (2023-2033)
6.2.3 Global Glass Fiber Reinforced Plastics Revenue Market Share by Application (2017-2033)
6.3 Global Glass Fiber Reinforced Plastics Price by Application
6.3.1 Global Glass Fiber Reinforced Plastics Price by Application (2017-2022)
6.3.2 Global Glass Fiber Reinforced Plastics Price Forecast by Application (2023-2033)
7 North America
7.1 North America Glass Fiber Reinforced Plastics Sales Breakdown by Company
7.2 North America Glass Fiber Reinforced Plastics Market Size by Type
7.3 North America Glass Fiber Reinforced Plastics Market Size by Application
7.4 North America Glass Fiber Reinforced Plastics Market Size by Country
8 Europe
8.1 Europe Glass Fiber Reinforced Plastics Sales Breakdown by Company
8.2 Europe Glass Fiber Reinforced Plastics Market Size by Type
8.3 Europe Glass Fiber Reinforced Plastics Market Size by Application
8.4 Europe Glass Fiber Reinforced Plastics Market Size by Country
9 Asia Pacific
9.1 Asia Pacific Glass Fiber Reinforced Plastics Sales Breakdown by Company
9.2 Asia Pacific Glass Fiber Reinforced Plastics Market Size by Type
9.3 Asia Pacific Glass Fiber Reinforced Plastics Market Size by Application
9.4 Asia Pacific Glass Fiber Reinforced Plastics Market Size by Region
10 Latin America
10.1 Latin America Glass Fiber Reinforced Plastics Sales Breakdown by Company
10.2 Latin America Glass Fiber Reinforced Plastics Market Size by Type
10.3 Latin America Glass Fiber Reinforced Plastics Market Size by Application
10.4 Latin America Glass Fiber Reinforced Plastics Market Size by Country
11 Middle East and Africa
11.1 Middle East and Africa Glass Fiber Reinforced Plastics Sales Breakdown by Company
11.2 Middle East and Africa Glass Fiber Reinforced Plastics Market Size by Type
11.3 Middle East and Africa Glass Fiber Reinforced Plastics Market Size by Application
11.4 Middle East and Africa Glass Fiber Reinforced Plastics Market Size by Country
12 Company Profiles
13 Value Chain and Sales Channels Analysis
13.1 Glass Fiber Reinforced Plastics Value Chain Analysis
13.2 Glass Fiber Reinforced Plastics Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Glass Fiber Reinforced Plastics Production Mode & Process
13.4 Glass Fiber Reinforced Plastics Sales and Marketing
13.4.1 Glass Fiber Reinforced Plastics Sales Channels
13.4.2 Glass Fiber Reinforced Plastics Distributors
13.5 Glass Fiber Reinforced Plastics Customers
14 Key Findings
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Author Details
15.3 Disclaimer
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