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Glass Fiber Reinforced Plastic Market is expected to reach $37.2 Billion by 2026 – An exclusive market research report by Lucintel

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Glass Fiber Reinforced Plastic Market is expected to reach $37.2 Billion by 2026 – An exclusive market research report by Lucintel

August 03
15:56 2021
Glass Fiber Reinforced Plastic Market is expected to reach $37.2 Billion by 2026 - An exclusive market research report by Lucintel

Trends and Forecast for the Global Glass Fiber Reinforced Plastic Market
Trends, opportunities, and forecast in glass fiber reinforced plastic market to 2026 by application (transportation, marine, pipe and tank, aerospace, construction, electrical and electronics, consumer goods, wind energy, and others), glass fiber type (E/ECR-Glass, S-Glass, C-Glass, others), resin type(UPR, vinyl ester, epoxy, PA, PP, phenolic, other resins), manufacturing process (hand lay up, spray up, resin infusion, pultrusion, injection molding, compression molding, prepreg layups, others)

Lucintel’s latest market report analyzed that glass fiber reinforced plastic provides attractive opportunities in transportation, marine, aerospace, construction, wind energy, pipe and tank, electrical & electronics industry. The glass fiber reinforced plastic market is expected to reach $37.2 billion by 2026 with a CAGR of 4.5%. In this market, transportation is the largest segment by end use industry, whereas injection molding is largest by manufacturing process. The penetration of low dielectric glass fiber in high performance PCB provides strategic growth path in this market.

Download Brochure of this report by clicking on https://www.lucintel.com/glass-fiber-reinforced-plastic-market.aspx

Based on end use industry, the glass fiber reinforced plastic market is segmented into transportation, marine, pipe and tank, aerospace, construction, electrical and electronics, consumer goods, wind energy. The transportation segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to the government regulations, such as CAFE Standards in the US and carbon emission targets in Europe, are putting pressure on OEMs to incorporate lightweight materials to curb the overall vehicle weight, and this is the key driver for glass fiber in the transportation industry.

Browse in-depth TOC on “Glass Fiber Reinforced Plastic Market”

135 – Tables

179 – Figures

325 – Pages

The glass fiber reinforced plastic Market is marked by the presence of several big and small players. Some of the prominent players offering glass fiber reinforced plastic include Owens Corning, Jushi Group Co., Ltd., Chongqing Polycarp International Corporation (CPIC), Taishan Fiberglass Inc., Nippon Electric Glass Co., Ltd.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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