GF and GFRP Composites Market
GF and GFRP Composites Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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GF and GFRP Composites Market Size and Growth
The global Glass Fiber (GF) and Glass Fiber Reinforced Plastics (GFRP) Composites market is projected to reach a size of USD 91.46 billion by 2025, with CAGR of 6.2%. Market growth is driven by increasing demand in construction, automotive, and aerospace industries. GF composites account for the majority of the market share.
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Companies Covered (Covid 19 Impact Covered)
◍ Advanced Glassfiber Yarns
◍ BASF
◍ Binani-3B
◍ Celanese
◍ CPIC
◍ Daicel
◍ Denka
◍ DSM
◍ DuPont
◍ Evonik
◍ Hexion
◍ Johns Mansville
◍ Jushi Group
◍ Kolon
◍ Lanxess
◍ Nippon Electric Glass
◍ Nittobo
◍ Owens Corning
- The GF and GFRP composites market is highly competitive with companies like Owens Corning, BASF, and DuPont leading the market.
- These companies use GF and GFRP composites in various industries such as automotive, construction, and aerospace to provide lightweight, strong, and durable materials.
- Owens Corning reported sales revenue of $7.2 billion in 2020.
- BASF reported sales revenue of €59.1 billion in 2020.
- DuPont reported sales revenue of $21.5 billion in 2020.
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