Fiber Reinforced Plastics (FRP)
Market
Fiber Reinforced Plastics (FRP) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Fiber Reinforced Plastics (FRP) Market Size and Growth
The global Fiber Reinforced Plastics (FRP) market is expected to grow at a significant rate due to increasing demand in various industries such as automotive, aerospace, and construction. The market size is projected to reach USD 24.7 billion by 2026, driven by technological advancements and a growing emphasis on lightweight, durable materials. Request
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Companies Covered (Covid 19 Impact Covered)
◍ BASF
◍ DuPont
◍ Lanxess
◍ DSM
◍ SABIC
◍ PolyOne
◍ Hexion
◍ Denka
◍ Daicel
◍ Evonik
◍ Sumitomo Bakelite
◍ Kingfa Science and Technology
◍ Genius
◍ Solvay
◍ RTP
◍ SI Group
◍ Kolon
◍ TenCate
The Fiber Reinforced Plastics (FRP) Market is highly competitive with key players such as BASF, DuPont, Lanxess, DSM, SABIC, PolyOne, Hexion, Denka, Daicel, Evonik, Sumitomo Bakelite, Kingfa Science and Technology, Genius, Solvay, RTP, SI Group, Kolon, TenCate, Toray, Mitsubishi Rayon, Teijin, SGL, Hexcel. These companies utilize FRP materials in various industries such as automotive, aerospace, construction, and marine to offer lightweight, durable, and highperformance solutions. Some sales revenue figures:
- BASF: $69 billion
- DuPont: $21 billion
- Lanxess: $8 billion
- DSM: $10 billion
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Market Segmentation
By Application
◍ Aerospace
◍ Automotive
◍ Electrical & Electronics
◍ Construction
◍ Others
By Product
◍ Glass Fiber Type
◍ Carbon Fiber Type
◍ Aramid Fiber Type
◍ Others
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$ X Billion USD
Market Growth
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