Global Fiber Reinforced Polymer Market, By Product (Glass Fiber Reinforced Composites, Carbon Fiber Reinforced Composites, Basalt Fiber Reinforced Composites, Aramid Fiber Reinforced Composites and Others), Application (Automotive, Construction, Electronics, Defense and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Fiber Reinforced Polymer Market
Fiber reinforced polymer market will reach an estimated valuation of USD 349.15 billion by 2027, while registering this growth at a rate of 10.70 % for the forecast period of 2020 to 2027. High demand for corrosion-free concrete reinforcing material in different end-use applications will boost the fiber reinforced polymer market in the forecast period of 2027.
Fiber reinforced polymer is a composite material consist of reinforcing fibres in a polymer matrix, these fibres can be of three types which are strands, mat and fabric. They are known for their non-conductive nature, strength or non-corrosive and lightweight properties.
Fiber reinforced polymer is growing with the automotive industry in the developing countries which is expected to backing revenue growth of fiber reinforced polymer market, and with the properties of fiber reinforced polymer such as high stiffness, low density, ease of shaping and strength are the factors enhances the growth of the market in the forecast period. Fiber reinforced polymer has some challenges such as in spite of high flexibility and strength it is not very stiff, it does not show the rigidity which are essential features for some applications such as airplanes and bridges.
Fiber reinforced polymer is high in cost and conductivity, which acts as a restrain for fiber reinforced polymer market. Opportunity for fiber reinforced polymers is in automotive industry in the forecast period of 2027.
This fiber reinforced polymer market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Data Bridge Market Research fiber reinforced polymer market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Fiber Reinforced Polymer Market Scope and Market Size
Fiber reinforced polymer market is segmented on the basis of product and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of application, the fiber reinforced polymer market is segmented into automotive, construction, electronics, defense and others.
- On the basis of product, the fiber reinforced polymer market is segmented into glass fiber reinforced composites, carbon fiber reinforced composites, basalt fiber reinforced composites, and aramid fiber reinforced composites and others.
Global Fiber Reinforced Polymer Market Country Level Analysis
Fiber reinforced polymer market is analysed and market size, volume information is provided by country application and product as referenced above.
The countries covered in the fiber reinforced polymer market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America market is dominating the fiber reinforced polymer market due to account major revenue share in the global fiber reinforced polymer composites market and is expected to maintain its dominance over the forecast period. Increasing number of construction activities in the region owing to growing disposable income is expected to drive revenue growth of North America fiber reinforced polymer composites market.
The fiber reinforced polymer market country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fiber Reinforced Polymer Market Share Analysis
Fiber reinforced polymer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fiber reinforced polymer market.
The major players covered in the fiber reinforced polymer market report are Mitsubishi Chemical Corporation, PPG Industries, Aegion Corporation, B&B FRP Manufacturing, AGC Matex, Saint Gobin, SCL Carbon, Aksaca, Glassonweb, AGC inc, Nippon Sheet Glass, Guardian Industries, Borosil, GSC Glass, duratuf group , among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Fiber Reinforced Polymer Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.