Global Fiber Reinforced Plastic (FRP) Composites market cagr 11.4%

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Fiber Reinforced Plastic (FRP) Composites Market

Fiber Reinforced Plastic (FRP) Composites Market

Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Fiber Reinforced Plastic (FRP) Composites Market Size and Growth

The Fiber Reinforced Plastic (FRP) Composites market is experiencing significant growth, driven by demand across automotive, aerospace, and construction sectors. The global market size is projected to reach approximately $150 billion by 2028, influenced by advancements in manufacturing processes and increasing awareness of lightweight materials for enhanced performance and sustainability.

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Companies Covered

(Covid 19 Impact Covered)

◍ BASF

◍ DuPont

◍ Owens Corning

◍ PPG Industries

◍ Premix Incorporated

◍ AGY Holding Corporation

◍ AOC

◍ Ferro Corporation

◍ Hanwha Group

◍ Huntsman

◍ Hexcel Corporation

◍ Interplastic Corporation

◍ PolyOne Corporation

◍ Rogers Corporation

◍ RTP Company

◍ Saudi Basic Industries Corporation

The Fiber Reinforced Plastic (FRP) Composites Market features key players like BASF, DuPont, Owens Corning, and Huntsman, offering innovative products for automotive, aerospace, and construction sectors. These companies enhance market growth through R&D, expanding applications, and strategic partnerships. For instance, Owens Corning reported $8 billion in revenue.

◍ Teijin

◍ Schulman (A.) Incorporated

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Market Segmentation

By Application

◍ Motor Vehicles

◍ Construction

◍ Electrical & Electronics

◍ Consumer Durables

◍ Aircraft & Aerospace

◍ Others

By Product

◍ Glass Fibers

◍ Carbon Fibers

◍ Aramid Fibers

◍ Other

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Market Growth

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$ X Billion USD

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