
The global GFRP Composites market size is predicted to grow from US$ 33610 million in 2025 to US$ 41460 million in 2031; it is expected to grow at a CAGR of 3.6% from 2025 to 2031.
Glass fiber reinforced plastic (GFRP) composites refer to composite materials made of resin reinforced with glass fiber. GFRP composites is used for its high mechanical strength, light weight, corrosion and temperature resistant properties, thermal insulation, smooth internal surface, easy to form complex shapes, ease of repair and its cost effectiveness.
Global key players of GFRP composites include BASF, Lanxess, DSM and SABIC, the top four players hold a share over 11%. BASF is the largest producer, with a share of 4%. Asia-Pacific is the largest market of GFRP composites, with a share about 50%, followed by North America and Europe, with shares about 29% and 17% separately. In terms of product type, thermosetting plastic products is the largest segment, with a share about 55%. And in terms of application, transport is the largest application, with a share about 32 percent.
The “GFRP Composites Industry Forecast” looks at past sales and reviews total world GFRP Composites sales in 2024, providing a comprehensive analysis by region and market sector of projected GFRP Composites sales for 2025 through 2031. With GFRP Composites sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world GFRP Composites industry.
This Insight Report provides a comprehensive analysis of the global GFRP Composites landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on GFRP Composites portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global GFRP Composites market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for GFRP Composites and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global GFRP Composites.
This report presents a comprehensive overview, market shares, and growth opportunities of GFRP Composites market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Thermosetting Plastic Products
Thermoplastic Plastic Products
Segmentation by Application:
Transport
Electro & Electronics
Construction
Sport & Leisure
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BASF
Lanxess
DSM
SABIC
Avient
DuPont
Solvay
Celanese
RTP
Evonik
Daicel
Kolon
Denka
Kingfa
Key Questions Addressed in this Report
What is the 10-year outlook for the global GFRP Composites market?
What factors are driving GFRP Composites market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do GFRP Composites market opportunities vary by end market size?
How does GFRP Composites break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global GFRP Composites Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for GFRP Composites by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for GFRP Composites by Country/Region, 2020, 2024 & 2031
2.2 GFRP Composites Segment by Type
2.2.1 Thermosetting Plastic Products
2.2.2 Thermoplastic Plastic Products
2.3 GFRP Composites Sales by Type
2.3.1 Global GFRP Composites Sales Market Share by Type (2020-2025)
2.3.2 Global GFRP Composites Revenue and Market Share by Type (2020-2025)
2.3.3 Global GFRP Composites Sale Price by Type (2020-2025)
2.4 GFRP Composites Segment by Application
2.4.1 Transport
2.4.2 Electro & Electronics
2.4.3 Construction
2.4.4 Sport & Leisure
2.4.5 Others
2.5 GFRP Composites Sales by Application
2.5.1 Global GFRP Composites Sale Market Share by Application (2020-2025)
2.5.2 Global GFRP Composites Revenue and Market Share by Application (2020-2025)
2.5.3 Global GFRP Composites Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global GFRP Composites Breakdown Data by Company
3.1.1 Global GFRP Composites Annual Sales by Company (2020-2025)
3.1.2 Global GFRP Composites Sales Market Share by Company (2020-2025)
3.2 Global GFRP Composites Annual Revenue by Company (2020-2025)
3.2.1 Global GFRP Composites Revenue by Company (2020-2025)
3.2.2 Global GFRP Composites Revenue Market Share by Company (2020-2025)
3.3 Global GFRP Composites Sale Price by Company
3.4 Key Manufacturers GFRP Composites Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers GFRP Composites Product Location Distribution
3.4.2 Players GFRP Composites Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for GFRP Composites by Geographic Region
4.1 World Historic GFRP Composites Market Size by Geographic Region (2020-2025)
4.1.1 Global GFRP Composites Annual Sales by Geographic Region (2020-2025)
4.1.2 Global GFRP Composites Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic GFRP Composites Market Size by Country/Region (2020-2025)
4.2.1 Global GFRP Composites Annual Sales by Country/Region (2020-2025)
4.2.2 Global GFRP Composites Annual Revenue by Country/Region (2020-2025)
4.3 Americas GFRP Composites Sales Growth
4.4 APAC GFRP Composites Sales Growth
4.5 Europe GFRP Composites Sales Growth
4.6 Middle East & Africa GFRP Composites Sales Growth
5 Americas
5.1 Americas GFRP Composites Sales by Country
5.1.1 Americas GFRP Composites Sales by Country (2020-2025)
5.1.2 Americas GFRP Composites Revenue by Country (2020-2025)
5.2 Americas GFRP Composites Sales by Type (2020-2025)
5.3 Americas GFRP Composites Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC GFRP Composites Sales by Region
6.1.1 APAC GFRP Composites Sales by Region (2020-2025)
6.1.2 APAC GFRP Composites Revenue by Region (2020-2025)
6.2 APAC GFRP Composites Sales by Type (2020-2025)
6.3 APAC GFRP Composites Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe GFRP Composites by Country
7.1.1 Europe GFRP Composites Sales by Country (2020-2025)
7.1.2 Europe GFRP Composites Revenue by Country (2020-2025)
7.2 Europe GFRP Composites Sales by Type (2020-2025)
7.3 Europe GFRP Composites Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa GFRP Composites by Country
8.1.1 Middle East & Africa GFRP Composites Sales by Country (2020-2025)
8.1.2 Middle East & Africa GFRP Composites Revenue by Country (2020-2025)
8.2 Middle East & Africa GFRP Composites Sales by Type (2020-2025)
8.3 Middle East & Africa GFRP Composites Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of GFRP Composites
10.3 Manufacturing Process Analysis of GFRP Composites
10.4 Industry Chain Structure of GFRP Composites
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 GFRP Composites Distributors
11.3 GFRP Composites Customer
12 World Forecast Review for GFRP Composites by Geographic Region
12.1 Global GFRP Composites Market Size Forecast by Region
12.1.1 Global GFRP Composites Forecast by Region (2026-2031)
12.1.2 Global GFRP Composites Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global GFRP Composites Forecast by Type (2026-2031)
12.7 Global GFRP Composites Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 BASF
13.1.1 BASF Company Information
13.1.2 BASF GFRP Composites Product Portfolios and Specifications
13.1.3 BASF GFRP Composites Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 BASF Main Business Overview
13.1.5 BASF Latest Developments
13.2 Lanxess
13.2.1 Lanxess Company Information
13.2.2 Lanxess GFRP Composites Product Portfolios and Specifications
13.2.3 Lanxess GFRP Composites Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Lanxess Main Business Overview
13.2.5 Lanxess Latest Developments
13.3 DSM
13.3.1 DSM Company Information
13.3.2 DSM GFRP Composites Product Portfolios and Specifications
13.3.3 DSM GFRP Composites Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 DSM Main Business Overview
13.3.5 DSM Latest Developments
13.4 SABIC
13.4.1 SABIC Company Information
13.4.2 SABIC GFRP Composites Product Portfolios and Specifications
13.4.3 SABIC GFRP Composites Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 SABIC Main Business Overview
13.4.5 SABIC Latest Developments
13.5 Avient
13.5.1 Avient Company Information
13.5.2 Avient GFRP Composites Product Portfolios and Specifications
13.5.3 Avient GFRP Composites Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Avient Main Business Overview
13.5.5 Avient Latest Developments
13.6 DuPont
13.6.1 DuPont Company Information
13.6.2 DuPont GFRP Composites Product Portfolios and Specifications
13.6.3 DuPont GFRP Composites Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 DuPont Main Business Overview
13.6.5 DuPont Latest Developments
13.7 Solvay
13.7.1 Solvay Company Information
13.7.2 Solvay GFRP Composites Product Portfolios and Specifications
13.7.3 Solvay GFRP Composites Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Solvay Main Business Overview
13.7.5 Solvay Latest Developments
13.8 Celanese
13.8.1 Celanese Company Information
13.8.2 Celanese GFRP Composites Product Portfolios and Specifications
13.8.3 Celanese GFRP Composites Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Celanese Main Business Overview
13.8.5 Celanese Latest Developments
13.9 RTP
13.9.1 RTP Company Information
13.9.2 RTP GFRP Composites Product Portfolios and Specifications
13.9.3 RTP GFRP Composites Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 RTP Main Business Overview
13.9.5 RTP Latest Developments
13.10 Evonik
13.10.1 Evonik Company Information
13.10.2 Evonik GFRP Composites Product Portfolios and Specifications
13.10.3 Evonik GFRP Composites Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Evonik Main Business Overview
13.10.5 Evonik Latest Developments
13.11 Daicel
13.11.1 Daicel Company Information
13.11.2 Daicel GFRP Composites Product Portfolios and Specifications
13.11.3 Daicel GFRP Composites Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Daicel Main Business Overview
13.11.5 Daicel Latest Developments
13.12 Kolon
13.12.1 Kolon Company Information
13.12.2 Kolon GFRP Composites Product Portfolios and Specifications
13.12.3 Kolon GFRP Composites Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Kolon Main Business Overview
13.12.5 Kolon Latest Developments
13.13 Denka
13.13.1 Denka Company Information
13.13.2 Denka GFRP Composites Product Portfolios and Specifications
13.13.3 Denka GFRP Composites Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Denka Main Business Overview
13.13.5 Denka Latest Developments
13.14 Kingfa
13.14.1 Kingfa Company Information
13.14.2 Kingfa GFRP Composites Product Portfolios and Specifications
13.14.3 Kingfa GFRP Composites Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Kingfa Main Business Overview
13.14.5 Kingfa Latest Developments
14 Research Findings and Conclusion
*If Applicable.
