(MENAFN- The Express Wire) Global Glass Fiber Reinforced Polymer Market Top Countries Data 2020 - Industry Research Update, Future Scope, Size Estimation, Revenue, Pricing Trends, Growth Opportunity, Regional Outlook and Forecast By 360 Market Updates
Posted on Aug 4 2020 5:56 AM
""Global Glass Fiber Reinforced Polymer Market size"2020 has covered and analyzed the potential of Worldwide Glass Fiber Reinforced Polymer Industry and provides statistics and information on market dynamics, growth factors, key challenges, major drivers & restraints, opportunities and forecast. This report presents a comprehensive overview, market shares, and growth opportunities of Glass Fiber Reinforced Polymer market 2020 by product type, application, key manufacturers and key regions and countries.
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Global ' Glass Fiber Reinforced Polymer Market Report 2020 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Glass Fiber Reinforced Polymer in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India.Glass Fiber Reinforced Polymer Market report categorizes the market based on manufacturers, regions, type, and application. Glass Fiber Reinforced Polymer Market reports offer a detailed assessment of the Glass Fiber Reinforced Polymer including enabling technologies, current market situation, market assumptions, restraining factors.
The Global Glass Fiber Reinforced Polymer market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
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The global glass fiber reinforced polymer market is expected to register a moderate growth during the forecast period, 2018 to 2023. Asia-pacific has been dominating the market for global glass fiber reinforced polymer, followed by North America and Europe in 2017.
Growing Construction Demand in the Middle East and Africa Region
The construction sector in the Middle East and North Africa (MENA) region is one of the fastest growing globally. The UAE and Qatar are expected to remain bright spots for the construction industry throughout 2018 as they are pressing ahead with projects before of the Expo 2020 and FIFA World Cup 2022, respectively. The UAE's building and infrastructure contract value has increased from USD 36,453 million in 2016 to USD 36,984 million in 2017. Glass fiber reinforced polymer (GFRP) is widely used in construction industry for non-structural elements, such as facade, panels, piping, and channels. With the growth of the construction sector in the region, the demand for glass fiber reinforced polymer is expected to grow during the forecast period.
Increasing Demand for Polyester Resin
Polyester resins have the highest market share for GFRP market in 2017, owing to their use in the construction, pipes & tanks and electronics applications. Properties, such as chemical and mechanical resistance, UV resistance, high filling capacity, good removal, and shrinkage resistance are boosting the demand for polyester globally. In automotive industry, GFRP is primarily used to reduce weight. The growth of the automotive industry in countries, such as China, United States, Japan, Germany are boosting the demand for polyester resin over the forecast period.
Asia-Pacific to Dominate the Market
Asia-pacific has been dominating the market for global glass fiber reinforced polymer in 2017. The growth of GFRP in the region is mainly driven by the countries, such as China, Japan, India, and South Korea. The growing automotive industry in these countries is driving the demand for GFRP. The total production of vehicles of China increased from 28,118,794 units in 2016 to 29,015,434 units in 2017. Hence, the increased emphasis on automotive sector along with the growth of other end-users across the region is expected to augment the growth of the global glass fiber reinforced polymer market during the forecast period.
Major Players: Jushi Group Corporation, Owens Corning, Chongqing Polycomp International Corporation, PPG Industries Inc., Johns Manville Corporation, amongst others.
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The global Glass Fiber Reinforced Polymer market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Glass Fiber Reinforced Polymer Market Report covers the Top Key-players in 2020:-
- Jushi Group Corporation
- Chongqing Polycomp International Corporation
- Owens Corning
- PPG Industries Inc.
- Johns Manville Corporation
- Saint-Gobain S.A.
- Nippon Sheet Glass Co. Ltd.
- Binani Industries Ltd.
- BFG Industries
- China Beihai Fiberglass Co.
- Ltd.
- Nitto Boseki Co.
- Ltd.
- Jiangsu Jiuding New Material Co.
- Ltd.
Highlighted points of Glass Fiber Reinforced Polymer Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
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This Glass Fiber Reinforced Polymer Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for Glass Fiber Reinforced Polymer? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Glass Fiber Reinforced Polymer Market? What's Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Glass Fiber Reinforced Polymer Market? What Was Capacity, Production Value, Cost and PROFIT of Glass Fiber Reinforced Polymer Market?
- What Is Current Market Status of Glass Fiber Reinforced Polymer Industry? What's Market Competition in This Industry, Both Company, and Country Wise? What's Market Analysis of Glass Fiber Reinforced Polymer Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Glass Fiber Reinforced Polymer Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Glass Fiber Reinforced Polymer Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Glass Fiber Reinforced Polymer Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Glass Fiber Reinforced Polymer Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Glass Fiber Reinforced Polymer Industry?
Key Developments in the Glass Fiber Reinforced Polymer Market:
May 2018: Owens Corning had announced that it signed an agreement to acquire Pittsburgh Corning, the world's leading producer of cellular glass insulation systems for commercial and industrial markets
Reason to purchase this ReportAnalyzing various perspectives of the market with the help of Porter's five forces analysisWhich application is expected to dominate the marketWhich regions are expected to witness fastest growth during the forecast periodIdentifying the latest developments, market shares, and strategies employed by the major market players3-month analyst support, along with the Market Estimate sheet in excel
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Finally, the report Global Glass Fiber Reinforced Polymer Market 2020 describes the Glass Fiber Reinforced Polymer industry expansion game plan, the Glass Fiber Reinforced Polymer industry knowledge supply, appendix, analysis findings, and the conclusion.
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