The Global GF and GFRP Composites Market Growth 2019-2024 Report added by DecisionDatabases.com gives an in depth industry analysis of the market. It covers the costing, sales, revenue details and forecasts.

Glass fibers are the materials consisting of extremely fine glass fibers, used in making various products, such as yarns, fabrics, insulators, and structural objects or parts. It is also called spun glass.

Glass fiber & 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.

The production of glass fibers increases from 6022 K MT in 2012 to 6982K MT in 2016, with an average growth rate of more than 3.69 %. In the world wide, China, North America and Europe are the major manufacturing and consumption market regions in the world. Jushi Group and Owens Corning Corporation are the global leading manufacturers of glass fibers. The production of Glass Fiber Reinforced Plastic increases from 10204 K MT in 2012 to 12027K MT in 2016, with an average growth rate of more than 4.38 %. In the world wide, China, North America and Europe are the major manufacturing and consumption market regions in the world.

According to this study, over the next five years the GF and GFRP Composites market will register a 3.0% CAGR in terms of revenue, the global market size will reach US$ 8530 million by 2024, from US$ 7150 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in GF and GFRP Composites business, shared in Chapter 3.

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The key manufacturers covered in this report:
Owens Corning
Jushi Group
PPG Industries
CPIC
Taishan Fiberglass (Sinoma)
Advanced Glassfiber Yarns
Binani-3B
Johns Mansville
Nippon Electric Glass
Nittobo
Saint-Gobain Vetrotex

Segmentation by product type:
General-Purpose Glass Fibers
Special-Purpose Glass Fibers

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
…….

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Research objectives
To study and analyze the global GF and GFRP Composites consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of GF and GFRP Composites market by identifying its various subsegments.
Focuses on the key global GF and GFRP Composites manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the GF and GFRP Composites with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of GF and GFRP Composites submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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