US Glass Fiber Reinforced Plastics Composites Market Size study, by Resin Type by Process, by End Use Industry Forecasts 2022-2032

Description

List of Tables

US Glass Fiber Reinforced Plastics (GFRP) Composites Market is valued approximately USD 3.70 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 8.40% over the forecast period 2024-2032. Glass Fiber Reinforced Plastics (GFRP) Composites comprise a diverse array of products and applications, leveraging glass fibers for reinforcement within a polymer matrix, usually resin. These composites deliver a unique blend of traits including lightness, robust strength, resistance to corrosion, and versatile design options. As a result, they find utility across a spectrum of industries including automotive, aerospace, construction, marine, and wind energy. There is a growing trend of utilizing GFRP composites in infrastructure projects across the United States. These materials are being employed in the construction of bridges, highways, buildings, and other infrastructure elements due to their lightweight nature, high strength, corrosion resistance, and durability.

US Glass Fiber Reinforced Plastics (GFRP) Composites Market is experiencing robust growth driven by several key factors. There is a growing trend towards lightweight materials across industries such as automotive, aerospace, construction, and renewable energy. GFRP composites offer a unique combination of lightweight properties, high strength-to-weight ratio, corrosion resistance, and durability, making them highly desirable for a wide range of applications. advancements in manufacturing technologies have significantly contributed to the growth of the GFRP composites market in the US. Innovations in processes such as automated layup, resin transfer molding (RTM), and additive manufacturing (3D printing) have enabled the production of complex GFRP components with greater precision, efficiency, and customization. These advancements have expanded the potential applications of GFRP composites and reduced production costs, further driving market growth. Furthermore, the market is driven by increased adoption because of growing emphasis on sustainability and environmental responsibility and rising infrastructure development activities in the region. However, limited recycling and disposal options, on the other hand, will stifle market growth between 2022 and 2032.

Major market player included in this report are:

Owen Corning
PPG Industries
AGY Holding
Hexion Inc
Hexcel Corporation
Company 6
Company 7
Company 8
Company 9
Company 10

The detailed segments and sub-segment of the market are explained below:

By Resin Type

Polyester resin
Vinyl ester resin
Epoxy resin
Polyurethane resin
Others

By Process

Manual process
Continuous process
Compression molding
Injection molding

By End Use Industry

Aerospace and defense
Construction
Wind energy
Automotive
Electrical and electronics
Others

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1.US Glass Fiber Reinforced Plastics (GFRP) Composites Market Definition and Research Assumptions

1.1.Research Objective
1.2.Market Definition
1.3.Research Assumptions
- 1.3.1.Inclusion & Exclusion
- 1.3.2.Limitations
- 1.3.3.Supply Side Analysis
  - 1.3.3.1.Availability
  - 1.3.3.2.Infrastructure
  - 1.3.3.3.Regulatory Environment
  - 1.3.3.4.Market Competition
  - 1.3.3.5.Economic Viability (Consumer's Perspective)
- 1.3.4.Demand Side Analysis
  - 1.3.4.1.Regulatory frameworks
  - 1.3.4.2.Technological Advancements
  - 1.3.4.3.Environmental Considerations
  - 1.3.4.4.Consumer Awareness & Acceptance
1.4.Estimation Methodology
1.5.Years Considered for the Study
1.6.Currency Conversion Rates

Chapter 2.Executive Summary

2.1.US Glass Fiber Reinforced Plastics (GFRP) Composites Market Size & Forecast (2022- 2032)
2.2.Segmental Summary
- 2.2.1.By Resin Type
- 2.2.2. By Process
- 2.2.3. By End Use Industry
2.3.Key Trends
2.4.Recession Impact
2.5.Analyst Recommendation & Conclusion

Chapter 3.US Glass Fiber Reinforced Plastics (GFRP) Composites Market Dynamics

3.1.Market Drivers
3.2.Market Challenges
3.3.Market Opportunities

Chapter 4.US Glass Fiber Reinforced Plastics (GFRP) 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
- 4.1.6.Futuristic Approach to Porter's 5 Force Model
- 4.1.7.Porter's 5 Force Impact Analysis
4.2.PESTEL Analysis
- 4.2.1.Political
- 4.2.2.Economic
- 4.2.3.Social
- 4.2.4.Technological
- 4.2.5.Environmental
- 4.2.6.Legal
4.3.Top investment opportunity
4.4.Top winning strategies
4.5.Disruptive Trends
4.6.Industry Expert Perspective
4.7.Analyst Recommendation & Conclusion

Chapter 5.US Glass Fiber Reinforced Plastics (GFRP) Composites Market Size & Forecasts by Resin Type 2022-2032

5.1.Polyester resin
5.2.Vinyl ester resin
5.3.Epoxy resin
5.4.Polyurethane resin
5.5. Others

Chapter 6.US Glass Fiber Reinforced Plastics (GFRP) Composites Market Size & Forecasts by Process 2022-2032

6.1.Manual process
6.2.Continuous process
6.3.Compression molding
6.4.Injection molding

Chapter 7.US Glass Fiber Reinforced Plastics (GFRP) Composites Market Size & Forecasts by End Use Industry 2022-2032

7.1.Aerospace and defense,
7.2.Construction
7.3. Wind energy
7.4.Automotive
7.5. Electrical and electronics
7.6.Others

Chapter 8.Competitive Intelligence

8.1.Key Company SWOT Analysis
8.2.Top Market Strategies
8.3.Company Profiles
- 8.3.1. Owen Corning
  - 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.Market Strategies
- 8.3.2. PPG Industries
- 8.3.3.AGY Holding
- 8.3.4.Hexion Inc
- 8.3.5.Hexcel Corporation

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

LIST OF TABLES

TABLE 1.US Glass Fiber Reinforced Plastics (GFRP) Composites market, report scope
TABLE 2.US Glass Fiber Reinforced Plastics (GFRP) Composites market estimates & forecasts by Resin Type 2022-2032 (USD Billion)
TABLE 3.US Glass Fiber Reinforced Plastics (GFRP) Composites market estimates & forecasts by Process 2022-2032 (USD Billion)
TABLE 4.US Glass Fiber Reinforced Plastics (GFRP) Composites market estimates & forecasts by End Use Industry 2022-2032 (USD Billion)
TABLE 5.US Glass Fiber Reinforced Plastics (GFRP) Composites market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 6.US Glass Fiber Reinforced Plastics (GFRP) Composites market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7.US Glass Fiber Reinforced Plastics (GFRP) Composites market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8.US Glass Fiber Reinforced Plastics (GFRP) Composites market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9.US Glass Fiber Reinforced Plastics (GFRP) Composites market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10.U.S. Glass Fiber Reinforced Plastics (GFRP) Composites market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11.U.S. Glass Fiber Reinforced Plastics (GFRP) Composites market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 12.U.S. Glass Fiber Reinforced Plastics (GFRP) Composites market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 13.List of secondary sources, used in the study of US Glass Fiber Reinforced Plastics (GFRP) Composites Market.
TABLE 14.List of primary sources, used in the study of US Glass Fiber Reinforced Plastics (GFRP) Composites Market.
TABLE 15.Years considered for the study.
TABLE 16.Exchange rates considered.

LIST OF FIGURES

FIG 1.US Glass Fiber Reinforced Plastics (GFRP) Composites market, research methodology
FIG 2.US Glass Fiber Reinforced Plastics (GFRP) Composites market, market estimation techniques
FIG 3.US market size estimates & forecast methods.
FIG 4.US Glass Fiber Reinforced Plastics (GFRP) Composites market, key trends 2023
FIG 5.US Glass Fiber Reinforced Plastics (GFRP) Composites market, growth prospects 2022-2032
FIG 6.US Glass Fiber Reinforced Plastics (GFRP) Composites market, porters 5 force model
FIG 7.US Glass Fiber Reinforced Plastics (GFRP) Composites market, pestel analysis
FIG 8.US Glass Fiber Reinforced Plastics (GFRP) Composites market, value chain analysis
FIG 9.US Glass Fiber Reinforced Plastics (GFRP) Composites market by segment, 2022 & 2032 (USD Billion)
FIG 10.US Glass Fiber Reinforced Plastics (GFRP) Composites market by segment, 2022 & 2032 (USD Billion)
FIG 11.US Glass Fiber Reinforced Plastics (GFRP) Composites market by segment, 2022 & 2032 (USD Billion)
FIG 12.US Glass Fiber Reinforced Plastics (GFRP) Composites market by segment, 2022 & 2032 (USD Billion)
FIG 13.US Glass Fiber Reinforced Plastics (GFRP) Composites market by segment, 2022 & 2032 (USD Billion)
FIG 14.US Glass Fiber Reinforced Plastics (GFRP) Composites market, company market share analysis (2023)