Glass Fiber Reinforced Plastic (GFRP) Composite
Material Market Scope: Industry Analysis, Market
Size, Growth, Trends Till 2031
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Glass Fiber Reinforced Plastic (GFRP) Composite Material Market Size and Growth
The global Glass Fiber Reinforced Plastic (GFRP) Composite Material market is projected to grow at a significant rate due to increasing demand in industries such as automotive, construction, and aerospace. The market size is estimated to reach $3.5 billion by 2027, driven by the lightweight and durable properties of GFRP composites.
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Companies Covered (Covid 19 Impact Covered)
◍ BASF
◍ Lanxess
◍ DSM
◍ SABIC
◍ Avient
◍ DuPont
◍ Solvay
◍ Hexion
◍ Celanese
◍ RTP
◍ Sumitomo Bakelite
◍ Evonik
◍ Daicel
◍ Kolon
◍ Denka
◍ Kingfa
The Glass Fiber Reinforced Plastic (GFRP) Composite Material Market is highly competitive with key players like BASF, Lanxess, DSM, SABIC, Avient, DuPont, Solvay, Hexion, Celanese, RTP, Sumitomo Bakelite, Evonik, Daicel, Kolon, Denka, and Kingfa. These companies utilize GFRP composites for various applications and contribute to market growth.
- BASF: $63.88 billion sales revenue
- DSM: $10.84 billion sales revenue
- DuPont: $21.51 billion sales revenue
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