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Global Fiber Reinforced Polymer (FRP) Composites Market 2018-2022

  • Published: May 2018
  • Pages: 121
  • SKU: IRTNTR21571
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Fiber reinforced polymer (FRP) composite materials comprise of reinforcing fibers in a polymer matrix. These fibers can be fabric, mat, or strands. FRP composites are known for their strength, as well as their non-conductive, non-corrosive, and lightweight properties. Technavio’s market research analysts have predicted that the fiber reinforced polymer composites market will register a CAGR of about 10% by 2022. This report provides a detailed analysis of the market’s growth prospects based on application (automotive, construction, electronics, defense, and others), by type (glass FRP, carbon FRP, and others), and by geography (the Americas, APAC, and EMEA).

Global Fiber Reinforced Polymer Composites Industry Overview

Technavio’s research analysts have identified the growth of the automotive industry as one of the major driving factors in the market that will impact the market positively in the next few years. Countries like China India and North Africa are registering growth in the automotive markets. To increase the automotive sales in the country, Chinese government has given incentives. With the reduction in purchase tax incentives, there is an increase in demand for small-engine vehicles. It also driven domestic production positively. Owing to the major tax reforms been adopted by Indian government, the country has seen an increase in production and demand in the automotive sector.

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Companies covered

The fiber reinforced polymer composites market is fragmented due to the presence of several companies. By offering a detailed analysis of the market’s competitive landscape and providing information on the products offered by companies, this fiber reinforced plastic industry analysis report will aid clients identify growth opportunities across various regions and design growth strategies that will help them gain a competitive advantage over other players.  

The report offers a detailed analysis of a number of companies including:

  • Aegion Corporation
  • B&B FRP MANUFACTURING
  • DowAksa
  • Koninklijke Ten Cate
  • Mitsubishi Chemical Corporation
  • SGL Group

Fiber reinforced polymer composites market growth based on geographic regions

  • Americas
  • APAC
  • EMEA

In terms of geographic regions, EMEA was the major contributor to the growth of this market during 2017. Our market research analysts have predicted that the region will offer considerable growth opportunities to players in this market throughout the forecast period.

Fiber reinforced polymer composites market growth based on application

  • Automotive
  • Construction
  • Electronics
  • Defense

Owing to the growth of the automotive industry across the globe, there is a growing demand for reinforced polymer composites from this segment. According to our market research experts, the automotive sector will account for the maximum growth of the fiver reinforced polymer composites market throughout the next few years.

Key highlights of the global fiber reinforced polymer composites market for the forecast years 2018-2022:

  • CAGR of the market during the forecast period 2018-2022
  • Detailed information on factors that will accelerate the growth of the fiber reinforced polymer composites market during the next five years
  • Precise estimation of the global fiber reinforced polymer composites market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • Growth of the fiber reinforced polymer composites industry across various geographies such as the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive information about factors that will challenge the growth of fiber reinforced polymer companies

 

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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global fiber reinforced polymer composites market and its stakeholders over the forecast years.

Market research analysts at Technavio have also considered how the performance of other related markets in the vertical will impact the size of this market till 2022. One of the markets that is most likely to influence the growth of the fiber reinforced polymer composites over the coming years is the advanced polymer composites market.

 

Technavio also provides customized reports based on the specific requirements of clients.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION

  • Segmentation by application
  • Comparison by application
  • Automotive – Market size and forecast 2017-2022
  • Construction – Market size and forecast 2017-2022
  • Electronics – Market size and forecast 2017-2022
  • Defense – Market size and forecast 2017-2022
  • Others – Market size and forecast 2017-2022
  • Market opportunity by application

PART 08: MARKET SEGMENTATION BY TYPE

  • Segmentation by type
  • Comparison by type
  • Glass FRP – Market size and forecast 2017-2022
  • Carbon FRP – Market size and forecast 2017-2022
  • Others – Market size and forecast 2017-2022
  • Market opportunity by type

PART 09: CUSTOMER LANDSCAPE

PART 10: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • EMEA – Market size and forecast 2017-2022
  • Americas – Market size and forecast 2017-2022
  • APAC – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 13: MARKET TRENDS

  • Increasing popularity of bio-based FRP
  • Rising use of FRP in the automotive industry
  • Emergence of hybrid FRP bars

PART 14: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 15: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Aegion Corporation
  • B&B FRP MANUFACTURING
  • DowAksa
  • Koninklijke Ten Cate
  • Mitsubishi Chemical Corporation
  • SGL Group

PART 16: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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