Global Fiber-reinforced Polymer Composites Market Size study & Forecast, by Type, by Application and Regional Analysis, 2023-2030

Description

List of Tables

Fiber Reinforced Polymer (FRP) composites, also known as Fiber Reinforced Plastics, are a type of composite material made of a polymer matrix reinforced with fibers. They are designed to combine the high strength and stiffness of the fibers with the lightweight and corrosion-resistant properties of the polymer matrix. In FRP composites, the fibers provide the primary mechanical properties, while the polymer matrix holds the fibers together and transfers the loads between them. The most commonly used fibers in FRP composites are glass fibers, carbon fibers, and aramid fibers. Although other types of fibers can also be used depending on the specific application requirements. The key factor driving the market growth is rising demand from the construction sector and growing demand for energy efficiency in the aerospace and automotive industries. These factors are anticipated to create the lucrative demand for the market during forecast period 2023-2030.

Moreover, the growing construction industry has played a significant role in supporting the growth of the Fiber-reinforced Polymer (FRP) Composites market. FRP composites are increasingly being used in various construction applications due to their superior properties and benefits over traditional materials such as steel and concrete. Thus, the growing construction industry is anticipated to support the market growth. According to Statista, in 2020, the size of global construction market was valued USD 6.4 trillion; in 2022 the value reached USD 8.2 trillion and it is anticipated to reach USD 10.3 trillion by 2025. Additionally, rising infrastructure investment is anticipated to create the lucrative growth opportunity for the market during the forecast period. However, the fluctuating raw material prices and environmental issues regarding the recyclability stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Fiber-reinforced Polymer (FRP) Composites Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the presence of key market players, growing construction and automotive industry is the region. Whereas, the Asia Pacific region is expected to grow at fastest growth rate during the forecast period, owing to factors such as the rising construction activities, growing demand in automotive industry, growing demand for the lightweight and high strength materials in various end use industries in the region.

Major market player included in this report are:

American Fiberglass Rebar
American Grating, LLC
Engineered Composites Ltd
B&B FRP Manufacturing INC.
TUF-BAR
FRP Composites Inc.
Ten Cate NV
Zoltek Companies, Inc.
Hyosung Corporation
Mitsubishi Rayon Co., Ltd.

Recent Developments in the Market:

In April 2022, SK ecoplant stated that it will establish a fibreglass rebar manufacturing line from a glass fibre reinforced polymer (GFRP) production line in collaboration with KCMT, a Korean GFRP producer. The entire factory will have 40,000 tonnes of annual manufacturing capacity by 2024, and 200,000 tonnes by 2027.

Global Fiber-reinforced Polymer (FRP) Composites Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Type:

Glass Fiber Reinforced Polymer (GFRP) Composites
Carbon Fiber Reinforced Polymer (CFRP) Composites
Basalt Fiber Reinforced Polymer (BFRP) Composites
Aramid Fiber Reinforced Polymer (AFRP) Composites
Others

By Application:

Automotive
Construction
Electronic
Defense
Others

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Fiber-reinforced Polymer (FRP) Composites Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Fiber-reinforced Polymer (FRP) Composites Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Fiber-reinforced Polymer (FRP) Composites Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Fiber-reinforced Polymer (FRP) Composites Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Fiber-reinforced Polymer (FRP) Composites Market Dynamics

3.1. Fiber-reinforced Polymer (FRP) Composites Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising demand from the construction sector
  - 3.1.1.2. Growing demand for energy efficiency in the aerospace and automotive industries
- 3.1.2. Market Challenges
  - 3.1.2.1. Fluctuating raw material prices
  - 3.1.2.2. Environmental issues regarding the recyclability
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing infrastructure investments
  - 3.1.3.2. Growing Electronic Industry

Chapter 4. Global Fiber-reinforced Polymer (FRP) Composites Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Fiber-reinforced Polymer (FRP) Composites Market, by Type

5.1. Market Snapshot
5.2. Global Fiber-reinforced Polymer (FRP) Composites Market by Type, Performance - Potential Analysis
5.3. Global Fiber-reinforced Polymer (FRP) Composites Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Fiber-reinforced Polymer (FRP) Composites Market, Sub Segment Analysis
- 5.4.1. Glass Fiber Reinforced Polymer (GFRP) Composites
- 5.4.2. Carbon Fiber Reinforced Polymer (CFRP) Composites
- 5.4.3. Basalt Fiber Reinforced Polymer (BFRP) Composites
- 5.4.4. Aramid Fiber Reinforced Polymer (AFRP) Composites
- 5.4.5. Others

Chapter 6. Global Fiber-reinforced Polymer (FRP) Composites Market, by Application

6.1. Market Snapshot
6.2. Global Fiber-reinforced Polymer (FRP) Composites Market by Application, Performance - Potential Analysis
6.3. Global Fiber-reinforced Polymer (FRP) Composites Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Fiber-reinforced Polymer (FRP) Composites Market, Sub Segment Analysis
- 6.4.1. Automotive
- 6.4.2. Construction
- 6.4.3. Electronic
- 6.4.4. Defense
- 6.4.5. Others

Chapter 7. Global Fiber-reinforced Polymer (FRP) Composites Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Fiber-reinforced Polymer (FRP) Composites Market, Regional Market Snapshot
7.4. North America Fiber-reinforced Polymer (FRP) Composites Market
- 7.4.1. U.S. Fiber-reinforced Polymer (FRP) Composites Market
  - 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Fiber-reinforced Polymer (FRP) Composites Market
7.5. Europe Fiber-reinforced Polymer (FRP) Composites Market Snapshot
- 7.5.1. U.K. Fiber-reinforced Polymer (FRP) Composites Market
- 7.5.2. Germany Fiber-reinforced Polymer (FRP) Composites Market
- 7.5.3. France Fiber-reinforced Polymer (FRP) Composites Market
- 7.5.4. Spain Fiber-reinforced Polymer (FRP) Composites Market
- 7.5.5. Italy Fiber-reinforced Polymer (FRP) Composites Market
- 7.5.6. Rest of Europe Fiber-reinforced Polymer (FRP) Composites Market
7.6. Asia-Pacific Fiber-reinforced Polymer (FRP) Composites Market Snapshot
- 7.6.1. China Fiber-reinforced Polymer (FRP) Composites Market
- 7.6.2. India Fiber-reinforced Polymer (FRP) Composites Market
- 7.6.3. Japan Fiber-reinforced Polymer (FRP) Composites Market
- 7.6.4. Australia Fiber-reinforced Polymer (FRP) Composites Market
- 7.6.5. South Korea Fiber-reinforced Polymer (FRP) Composites Market
- 7.6.6. Rest of Asia Pacific Fiber-reinforced Polymer (FRP) Composites Market
7.7. Latin America Fiber-reinforced Polymer (FRP) Composites Market Snapshot
- 7.7.1. Brazil Fiber-reinforced Polymer (FRP) Composites Market
- 7.7.2. Mexico Fiber-reinforced Polymer (FRP) Composites Market
7.8. Middle East & Africa Fiber-reinforced Polymer (FRP) Composites Market
- 7.8.1. Saudi Arabia Fiber-reinforced Polymer (FRP) Composites Market
- 7.8.2. South Africa Fiber-reinforced Polymer (FRP) Composites Market
- 7.8.3. Rest of Middle East & Africa Fiber-reinforced Polymer (FRP) Composites Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. American Fiberglass Rebar
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. American Grating, LLC
- 8.3.3. Engineered Composites Ltd
- 8.3.4. B&B FRP Manufacturing INC.
- 8.3.5. TUF-BAR
- 8.3.6. FRP Composites Inc.
- 8.3.7. Ten Cate NV
- 8.3.8. Zoltek Companies, Inc.
- 8.3.9. Hyosung Corporation
- 8.3.10. Mitsubishi Rayon Co., Ltd.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Fiber-reinforced Polymer (FRP) Composites Market, report scope
TABLE 2. Global Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3. Global Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Fiber-reinforced Polymer (FRP) Composites Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Fiber-reinforced Polymer (FRP) Composites Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Fiber-reinforced Polymer (FRP) Composites Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Fiber-reinforced Polymer (FRP) Composites Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Fiber-reinforced Polymer (FRP) Composites Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Fiber-reinforced Polymer (FRP) Composites Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Fiber-reinforced Polymer (FRP) Composites Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Fiber-reinforced Polymer (FRP) Composites Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Fiber-reinforced Polymer (FRP) Composites Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Fiber-reinforced Polymer (FRP) Composites Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Fiber-reinforced Polymer (FRP) Composites Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Fiber-reinforced Polymer (FRP) Composites Market
TABLE 70. List of primary sources, used in the study of global Fiber-reinforced Polymer (FRP) Composites Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Fiber-reinforced Polymer (FRP) Composites Market, research methodology
FIG 2. Global Fiber-reinforced Polymer (FRP) Composites Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Fiber-reinforced Polymer (FRP) Composites Market, key trends 2022
FIG 5. Global Fiber-reinforced Polymer (FRP) Composites Market, growth prospects 2023-2030
FIG 6. Global Fiber-reinforced Polymer (FRP) Composites Market, porters 5 force model
FIG 7. Global Fiber-reinforced Polymer (FRP) Composites Market, pest analysis
FIG 8. Global Fiber-reinforced Polymer (FRP) Composites Market, value chain analysis
FIG 9. Global Fiber-reinforced Polymer (FRP) Composites Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Fiber-reinforced Polymer (FRP) Composites Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Fiber-reinforced Polymer (FRP) Composites Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Fiber-reinforced Polymer (FRP) Composites Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Fiber-reinforced Polymer (FRP) Composites Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Fiber-reinforced Polymer (FRP) Composites Market, regional snapshot 2020 & 2030
FIG 15. North America Fiber-reinforced Polymer (FRP) Composites Market 2020 & 2030 (USD Billion)
FIG 16. Europe Fiber-reinforced Polymer (FRP) Composites Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Fiber-reinforced Polymer (FRP) Composites Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Fiber-reinforced Polymer (FRP) Composites Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Fiber-reinforced Polymer (FRP) Composites Market 2020 & 2030 (USD Billion)