Glass Fiber Reinforced Plastic (GFRP) Market Size 2026-2030
The glass fiber reinforced plastic (gfrp) market size is valued to increase by USD 12.12 billion, at a CAGR of 5.7% from 2025 to 2030. Increased use of glass fiber reinforced plastic in construction industry will drive the glass fiber reinforced plastic (gfrp) market.
Major Market Trends & Insights
- APAC dominated the market and accounted for a 42.7% growth during the forecast period.
- By Application - Construction segment was valued at USD 13.06 billion in 2024
- By Manufacturing Type - Compression molding segment accounted for the largest market revenue share in 2024
Market Size & Forecast
- Market Opportunities: USD 18.64 billion
- Market Future Opportunities: USD 12.12 billion
- CAGR from 2025 to 2030 : 5.7%
Market Summary
- The glass fiber reinforced plastic (GFRP) market is defined by its integral role in producing high-performance, lightweight, and durable components for critical industries. Market expansion is driven by the persistent demand for fuel efficiency in the automotive and aerospace sectors, alongside the need for corrosion-resistant materials in modern infrastructure projects.
- A key trend involves the integration of bio-based resins and thermoplastics to improve the sustainability profile of composites and address end-of-life recycling challenges.
- For instance, a civil engineering firm planning a coastal bridge project must weigh the higher initial material cost of GFRP rebar against its long-term benefits, which include a near-zero maintenance lifecycle and immunity to saltwater corrosion, unlike traditional steel. This decision-making process highlights the market's core value proposition: superior lifecycle performance.
- However, high manufacturing costs and competition from materials like carbon fiber and advanced aluminum alloys present ongoing challenges, compelling producers to innovate in process automation and material efficiency to maintain a competitive edge.
What will be the Size of the Glass Fiber Reinforced Plastic (GFRP) Market during the forecast period?
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How is the Glass Fiber Reinforced Plastic (GFRP) Market Segmented?
The glass fiber reinforced plastic (gfrp) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2026-2030, as well as historical data from 2020-2024 for the following segments.
- Application
- Construction
- Transportation
- Electrical and electronics
- Sports and leisure goods
- Others
- Manufacturing type
- Compression molding
- Injection molding
- Resin transfer molding
- Filament winding
- Resin type
- Polyester
- Epoxy
- Vinyl ester
- Geography
- APAC
- China
- Japan
- India
- Europe
- Germany
- France
- UK
- North America
- US
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- Saudi Arabia
- Turkey
- UAE
- Rest of World (ROW)
- APAC
By Application Insights
The construction segment is estimated to witness significant growth during the forecast period.
The construction sector leverages glass fiber reinforced plastic for its superior performance as an alternative to traditional metals.
The material's high strength-to-weight ratio makes it ideal for lightweight structural components, while its use in durable construction materials like corrosion-resistant rebar significantly extends infrastructure lifespan.
Firms focusing on cost-effective composite production utilize thermosetting polymer composites made with e-glass fiber for applications in infrastructure rehabilitation materials. The pultrusion process is key for manufacturing structural reinforcement materials such as pultruded profiles applications and composite panel systems.
Implementation of these materials has been shown to reduce on-site installation costs by over 15% due to easier handling and logistics compared to conventional steel and concrete elements.
The Construction segment was valued at USD 13.06 billion in 2024 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 42.7% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
See How Glass Fiber Reinforced Plastic (GFRP) Market Demand is Rising in APAC Request Free Sample
The market's geographic landscape is characterized by varied maturity and application focus. Regions with rapid industrialization and infrastructure expansion exhibit growth rates nearly 30% higher than more established economic zones.
These high-growth areas drive demand for advanced composite manufacturing of foundational products using chopped strand mat and woven roving fabric with polyester resin matrix systems.
In contrast, more developed markets prioritize high-value applications, utilizing advanced epoxy resin matrix and vinyl ester resin formulations for aerospace composite structures and complex industrial components made via resin transfer molding (RTM).
The deployment of GFRP in infrastructure rehabilitation materials has demonstrably cut project completion times by up to 20% in highly corrosive environments, showcasing the material's operational advantages across diverse settings.
Market Dynamics
Our researchers analyzed the data with 2025 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
- Strategic advancement in the market hinges on a multi-faceted approach to material science and manufacturing efficiency. Key research focuses on optimizing fiber orientation for stiffness and improving fire resistance in GFRP panels to meet stringent safety codes. Concurrently, efforts are aimed at reducing cycle times in compression molding and enhancing interfacial adhesion in GFRP to boost mechanical performance.
- The push for sustainability is driving the development of bio-resins for GFRP applications, accompanied by detailed cost-benefit analysis of GFRP rebar in civil engineering. For high-stress applications, accurate fatigue life prediction for wind blades is critical. The market also sees intense focus on lightweighting automotive parts with GFRP and ensuring corrosion resistance of GFRP in marine environments.
- Furthermore, gfrp applications in bridge construction are expanding, necessitating reliable non-destructive evaluation of gfrp structures. The ongoing gfrp versus carbon fiber reinforced plastic debate informs material selection, while progress in recycling methods for thermoset gfrp addresses environmental concerns. Performance is further defined by the thermal stability of epoxy-based gfrp and the impact of uv radiation on gfrp.
- Advanced manufacturing techniques like resin infusion for large gfrp parts and automated tape laying for gfrp are becoming standard. Applications are diversifying into gfrp in pre-fabricated building modules and improving the electrical properties of gfrp for insulators, all while ensuring the durability of gfrp in chemical plants.
- Firms leveraging these innovations in their supply chain report material waste reductions of over 10% compared to traditional methods.
What are the key market drivers leading to the rise in the adoption of Glass Fiber Reinforced Plastic (GFRP) Industry?
- The increased use of glass fiber reinforced plastic within the construction industry serves as a key driver for market expansion.
- Key drivers for the market are rooted in the demand for high-performance materials in the transportation and energy sectors.
- The push for lightweighting in transportation is a primary factor, with GFRP being essential for producing automotive body panels that reduce vehicle weight by up to 25% compared to steel.
- In the GFRP in renewable energy sector, the filament winding technique is critical for manufacturing durable components, while advanced polymer matrix systems are necessary for creating larger and more efficient wind turbine blade material.
- The aerospace industry also relies on GFRP for various aerospace composite structures.
- In consumer-facing industries, injection molding GFRP enables the mass production of complex parts for sports equipment composites, while its high strength is ideal for marine composite applications, where high-performance fiber reinforcement ensures durability against environmental stressors.
What are the market trends shaping the Glass Fiber Reinforced Plastic (GFRP) Industry?
- The development of bio-based transparent plastics is emerging as a significant market trend. This innovation addresses the growing demand for sustainable materials without compromising performance in key applications.
- Market trends are increasingly dictated by a dual focus on performance enhancement and sustainability. Innovations in glass fiber surface treatment are crucial for mitigating polymer matrix degradation, leading to composites with longer service lives. The development of advanced s-2 glass fiber variants and sophisticated fire retardant additives and UV resistant coatings is expanding application possibilities in harsh environments.
- A significant shift is toward sustainable composite solutions, including bio-based resin systems and recyclable thermoplastic composites, which are now being evaluated through comprehensive life cycle assessment of composites. These initiatives support a circular economy for composites.
- Furthermore, advanced material characterization methods are providing deeper insights into properties like the glass transition temperature and optimal fiber volume fraction, enabling more precise and reliable component design and boosting material efficiency by up to 10%.
What challenges does the Glass Fiber Reinforced Plastic (GFRP) Industry face during its growth?
- The availability of substitute materials poses a key challenge to the growth of the glass fiber reinforced plastic market.
- The market confronts notable challenges related to manufacturing complexities, long-term durability, and competition. Ensuring robust composite joining technology and effective composite repair techniques is critical for lifecycle management, as issues with interlaminar shear strength and composite material fatigue can limit applications. The anisotropic material properties of GFRP necessitate sophisticated composite laminate design and analysis of the thermal expansion coefficient.
- High initial investment in composite tooling solutions remains a barrier, impacting the cost-competitiveness of thermoset vs thermoplastic composites. Improving surface finish quality without extensive post-processing adds to production costs.
- Furthermore, the reliability of non-destructive testing composites for in-service inspections is a persistent technical hurdle, with firms reporting that current methods can increase inspection costs by 20% compared to traditional material assessments.
Exclusive Technavio Analysis on Customer Landscape
The glass fiber reinforced plastic (gfrp) market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the glass fiber reinforced plastic (gfrp) market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape of Glass Fiber Reinforced Plastic (GFRP) Industry
Competitive Landscape
Companies are implementing various strategies, such as strategic alliances, glass fiber reinforced plastic (gfrp) market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
3B the fiberglass Co. - Offerings include advanced glass fiber products and reinforcement technologies engineered for both thermoplastic and thermoset polymer applications across various industries.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- 3B the fiberglass Co.
- Advanced Composites Inc.
- AGY Holding Corp.
- ASAHI FIBER GLASS Co. Ltd.
- Beihai Fiberglass Co. Ltd.
- BGF Industries
- Celanese Corp.
- China Jushi Co. Ltd.
- Compagnie de Saint Gobain SA
- Evonik Industries AG
- Hexcel Corp.
- Johns Manville Corp.
- Nippon Electric Glass Ltd.
- Nitto Boseki Co. Ltd.
- Owens Corning
- Sichuan Weibo Co. Ltd.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Glass fiber reinforced plastic (gfrp) market
- In May 2025, Nippon Paint Holdings finalized its acquisition of AOC, a major producer of composite resins, significantly strengthening its portfolio in materials essential for GFRP manufacturing across multiple end-user industries.
- In April 2025, the Vietnamese government granted approval for a large-scale offshore wind farm, stipulating the use of locally sourced GFRP for the turbine blades to boost regional composite manufacturing capabilities.
- In November 2024, Owens Corning announced a strategic partnership with a leading automotive original equipment manufacturer to co-develop new lightweight GFRP composite solutions for electric vehicle battery enclosures, aiming to improve vehicle safety and range.
- In September 2024, Hexcel Corp. launched a new line of fast-curing epoxy resins specifically designed for automated fiber placement processes, reducing GFRP component production cycles for the aerospace industry by up to 20%.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Glass Fiber Reinforced Plastic (GFRP) Market insights. See full methodology.
| Market Scope | |
|---|---|
| Page number | 303 |
| Base year | 2025 |
| Historic period | 2020-2024 |
| Forecast period | 2026-2030 |
| Growth momentum & CAGR | Accelerate at a CAGR of 5.7% |
| Market growth 2026-2030 | USD 12120.9 million |
| Market structure | Fragmented |
| YoY growth 2025-2026(%) | 5.1% |
| Key countries | China, Japan, India, South Korea, Australia, Indonesia, Germany, France, UK, Italy, Spain, The Netherlands, US, Canada, Mexico, Brazil, Argentina, Colombia, Saudi Arabia, Turkey, UAE, Egypt and Qatar |
| Competitive landscape | Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Research Analyst Overview
- The glass fiber reinforced plastic market is evolving through continuous innovation in materials and processes. Core materials such as e-glass fiber and s-2 glass fiber are combined with polyester resin matrix, epoxy resin matrix, and vinyl ester resin systems to create thermosetting polymer composites.
- Manufacturing techniques like the pultrusion process, filament winding technique, compression molding composites, injection molding GFRP, and resin transfer molding (RTM) are central to production. The high strength-to-weight ratio of these materials makes them ideal for lightweight structural components, including automotive body panels and aerospace composite structures.
- For boardroom-level decisions, compliance with building codes necessitates the use of fire retardant additives and UV resistant coatings in composite panel systems. This directly impacts material selection, as seen with corrosion-resistant rebar in construction.
- Technical considerations like composite material fatigue, polymer matrix degradation, and interlaminar shear strength are managed through sophisticated composite laminate design and analysis of the thermal expansion coefficient and glass transition temperature.
- The use of advanced composite manufacturing, integrating chopped strand mat and woven roving fabric with optimal fiber volume fraction and glass fiber surface treatment, has reduced material defect rates by over 30%. Finally, ensuring structural integrity through robust mechanical fastening of composites and non-destructive testing composites remains a critical focus in GFRP pipe manufacturing.
What are the Key Data Covered in this Glass Fiber Reinforced Plastic (GFRP) Market Research and Growth Report?
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What is the expected growth of the Glass Fiber Reinforced Plastic (GFRP) Market between 2026 and 2030?
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USD 12.12 billion, at a CAGR of 5.7%
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What segmentation does the market report cover?
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The report is segmented by Application (Construction, Transportation, Electrical and electronics, Sports and leisure goods, and Others), Manufacturing Type (Compression molding, Injection molding, Resin transfer molding, and Filament winding), Resin Type (Polyester, Epoxy, and Vinyl ester) and Geography (APAC, Europe, North America, South America, Middle East and Africa)
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Which regions are analyzed in the report?
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APAC, Europe, North America, South America and Middle East and Africa
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What are the key growth drivers and market challenges?
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Increased use of glass fiber reinforced plastic in construction industry, Availability of substitutes
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Who are the major players in the Glass Fiber Reinforced Plastic (GFRP) Market?
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3B the fiberglass Co., Advanced Composites Inc., AGY Holding Corp., ASAHI FIBER GLASS Co. Ltd., Beihai Fiberglass Co. Ltd., BGF Industries, Celanese Corp., China Jushi Co. Ltd., Compagnie de Saint Gobain SA, Evonik Industries AG, Hexcel Corp., Johns Manville Corp., Nippon Electric Glass Ltd., Nitto Boseki Co. Ltd., Owens Corning and Sichuan Weibo Co. Ltd.
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Market Research Insights
- Market dynamics are shaped by a strategic push toward sustainable composite solutions and advanced material science. The adoption of bio-based resin systems is accelerating, with development efforts improving their performance to rival traditional polymers, contributing to a more circular economy for composites. Composite manufacturing automation, including automated fiber placement, has enhanced production consistency by over 25%, enabling tighter quality control.
- Furthermore, organizations utilizing composite material simulation report an average 15% reduction in physical prototyping costs and development timelines. These advancements in high-performance fiber reinforcement and lightweighting in transportation underscore a market focused on delivering technical and operational value through innovation in both materials and manufacturing processes.
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