Global Fiber Reinforced Plastic (FRP)
Market valued approximately USD XX billion in 2017 is anticipated to
grow with a healthy growth rate of more than 15.0% over the forecast period
2018-2025.
The Fiber Reinforced Plastic (FRP) Market is continuously growing in the global scenario at significant pace. Fiber-reinforced plastics (FRP) are a category of composite plastics specifically using fiber materials to mechanically enhance the elasticity and strength of the plastic. They consist of a polymer matrix – the original plastic which is usually tough but weak – which is blended with a reinforcing material to yield a final product with the desired material or mechanical properties. Growth in automotive sector, lower life cycle cost and increasing popularity of bio-based FRP are the substantial driving factors of the market during the forecast period. Growing demand from developing economies is the major factors that likely to create numerous opportunity in the near future. In addition, Fiber Reinforced Plastic (FRP) offers several benefits such as corrosion resistance lightweight, high strength, flexibility and so. With this benefits demand for Fiber Reinforced Plastic (FRP) is increasing among its end-users across the globe.
Asia-Pacific anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 owing to rising construction and automotive sector in the region.
Major market player of Global Fiber Reinforced Plastic (FRP)
Hexcel
Toray
Cytec
Teijin
TenCate
Mitsubishi Rayon
SGL Carbon
Global Fiber Reinforced Plastic (FRP) Market report define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years.
Detailed segments and sub-segment of Global Fiber Reinforced Plastic (FRP) Market:
By Type:
PAN-based
Pitch-based
By Application:
Aerospace
Energy
Construction
Infrastructure
Marine
By Regions:
North America
Europe
Asia Pacific
Latin America
Rest of the World
Target Audience of the Global Fiber Reinforced Plastic (FRP) Market:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers Third-party knowledge providers
Investment bankers
Investors
Category: Chemical Market Research
The Fiber Reinforced Plastic (FRP) Market is continuously growing in the global scenario at significant pace. Fiber-reinforced plastics (FRP) are a category of composite plastics specifically using fiber materials to mechanically enhance the elasticity and strength of the plastic. They consist of a polymer matrix – the original plastic which is usually tough but weak – which is blended with a reinforcing material to yield a final product with the desired material or mechanical properties. Growth in automotive sector, lower life cycle cost and increasing popularity of bio-based FRP are the substantial driving factors of the market during the forecast period. Growing demand from developing economies is the major factors that likely to create numerous opportunity in the near future. In addition, Fiber Reinforced Plastic (FRP) offers several benefits such as corrosion resistance lightweight, high strength, flexibility and so. With this benefits demand for Fiber Reinforced Plastic (FRP) is increasing among its end-users across the globe.
Asia-Pacific anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 owing to rising construction and automotive sector in the region.
Major market player of Global Fiber Reinforced Plastic (FRP)
Hexcel
Toray
Cytec
Teijin
TenCate
Mitsubishi Rayon
SGL Carbon
Global Fiber Reinforced Plastic (FRP) Market report define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years.
Detailed segments and sub-segment of Global Fiber Reinforced Plastic (FRP) Market:
By Type:
PAN-based
Pitch-based
By Application:
Aerospace
Energy
Construction
Infrastructure
Marine
By Regions:
North America
Europe
Asia Pacific
Latin America
Rest of the World
Target Audience of the Global Fiber Reinforced Plastic (FRP) Market:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers Third-party knowledge providers
Investment bankers
Investors
Category: Chemical Market Research
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