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Global GF And GFRP Composites Market Size, Shares, Segments To Grow at CAGR of 7.18% Over 2016-2020

Press Release   •   Oct 07, 2016 06:33 EDT

Recent research and the current scenario as well as future market potential of "Global GF And GFRP Composites Market 2016-2020" globally.

About Composite Materials

Composite materials are made of two or more materials with distinct physical and chemical properties, which when combined form a material that has characteristic properties different from the individual materials. GFRP composites are fiber-reinforced polymers that are made of plastic and reinforced with glass fibers (GFs) in a continuous stranded manner. The plastic used for producing GFRP composites may be a thermoplastic or a thermoset plastic (mostly epoxy, polyester, or vinyl ester).

Technavios analysts forecast the global GF and GFRP composites market to grow at a CAGR of 7.18% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global GF and GFRP composites market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of GF and GFRP for end-users such as transportation, construction and infrastructure, consumer goods, electrical and electronics, marine, and other by considering 2015 as the base year.

The market is divided into the following segments based on geography:

Technavio's report, Global GF and GFRP Composites Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

Asahi Glass
China Beihai Fiberglass
Nippon Electric Glass

Other prominent vendors

Binani Industries
Chongqing Polycomp International
Fiberex Technologies
Taishan Fiberglass
Taiwan Glass Industry

Market driver

Increased demand for lightweight fiberglass composites in transportation segment
For a full, detailed list, view our report

Browse More Technavio Market Research Reports:

Market challenge
Lean and energy-efficient manufacturing and processing
For a full, detailed list, view our report

Market trend

Global emphasis on green buildings
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

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