Glass Fiber Reinforced Plastics (GFRP) Composites Market
By Resin Type;
Polyester, Vinyl Ester, Epoxy, Polyurethane and ThermoplasticBy Manufacturing Process;
Compression & Injection Molding, Filament Winding, Layup, Pultrusion, Resin Transfer Molding and OthersBy End-Use Industry;
Transportation, Construction & Infrastructure, Electrical & Electronics, Pipes & Tanks, Marine, Aerospace & Defense, Wind Energy and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Glass Fiber Reinforced Plastics (GFRP) Composites Market Overview
Glass Fiber Reinforced Plastics (GFRP) Composites Market (USD Million)
Glass Fiber Reinforced Plastics (GFRP) Composites Market was valued at USD 42,221.34 million in the year 2024. The size of this market is expected to increase to USD 64,328.52 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.
Glass Fiber Reinforced Plastics (GFRP) Composites Market
*Market size in USD million
CAGR 6.2 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 6.2 % |
| Market Size (2024) | USD 42,221.34 Million |
| Market Size (2031) | USD 64,328.52 Million |
| Market Concentration | Medium |
| Report Pages | 389 |
Major Players
- Hexcel Corporation
- Owens Corning
- Jushi Group Co., Ltd.
- Saint-Gobain Vetrotex
- Chomarat
- Teijin Limited
- SABIC (Saudi Basic Industries Corporation)
- SGL Carbon SE
- PPG Industries, Inc.
- Toray Industries, Inc.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Glass Fiber Reinforced Plastics (GFRP) Composites Market
Fragmented - Highly competitive market without dominant players
The Glass Fiber Reinforced Plastics (GFRP) Composites Market is witnessing strong growth due to its lightweight, durability, and cost-effectiveness. Adoption has risen by nearly 35%, as industries increasingly prefer GFRP over conventional materials. With superior corrosion resistance and adaptability, these composites are gaining momentum across diverse applications.
Key Drivers Accelerating Growth
Industries such as construction, automotive, and aerospace are fueling GFRP demand. More than 40% of construction companies now employ these composites for infrastructure reinforcement. In the automotive sector, GFRP is adopted to reduce vehicle weight, enhance fuel efficiency, and support sustainability-focused manufacturing.
Adoption in Renewable Energy
The renewable energy sector has become a significant growth contributor, with nearly 30% of wind turbine blade production using GFRP composites. Their high strength-to-weight ratio improves energy output and efficiency, making them an essential component in expanding clean energy projects worldwide.
Advancements Strengthening Market Adoption
Innovation is driving performance improvements, with over 50% of manufacturers investing in advanced R&D. Enhancements in heat resistance, recyclability, and strength are boosting GFRP usage in demanding environments such as aerospace and electronics. These advancements are widening the scope of applications.
Glass Fiber Reinforced Plastics (GFRP) Composites Market Key Takeaways
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Growing adoption across major industries—including construction, transportation, wind energy and infrastructure—is driving the demand for GFRP composites due to their superior strength-to-weight ratio and corrosion resistance.
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Lightweighting trends in automotive, marine and aerospace sectors are accelerating GFRP usage as manufacturers seek materials that enhance fuel efficiency without compromising structural integrity.
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The Asia-Pacific region is witnessing the fastest expansion, supported by infrastructure investments, urbanisation, and rapid industrialisation, especially in emerging economies.
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Environmental and recycling challenges persist as GFRP production remains energy-intensive and complex to recycle, prompting the development of circular-economy initiatives and greener resin alternatives.
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Process innovations—such as resin transfer moulding, pultrusion and continuous fibre reinforcement—are improving production efficiency and broadening application potential.
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High tooling and setup costs continue to limit adoption among smaller OEMs, encouraging demand for cost-effective, modular composite solutions tailored to niche production scales.
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Manufacturers investing in customised fibre architectures, digital design tools and integrated service support are achieving stronger competitive positioning in this evolving market landscape.
Glass Fiber Reinforced Plastics (GFRP) Composites Market Recent Developments
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In December 2021, GFRP composites witnessed growing adoption in the construction and transportation sectors owing to their exceptional strength-to-weight ratio. This advancement enabled the creation of lighter and more durable building materials, driving innovation in sustainable infrastructure development.
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In April 2024, advancements in the manufacturing of GFRP composites with improved fire and chemical resistance broadened their applications in the marine and aerospace industries. These innovations support higher levels of safety and reliability, reinforcing GFRP’s role in demanding engineering environments.
Glass Fiber Reinforced Plastics (GFRP) Composites Market Segment Analysis
In this report, the Glass Fiber Reinforced Plastics (GFRP) Composites Market has been segmented by Resin Type, Manufacturing Process, End-Use Industry and Geography. The analysis highlights growth drivers such as lightweighting, corrosion resistance, and process automation, alongside challenges including recyclability, standards, and raw-material price volatility. It further evaluates partnerships, technology advancements, and expansion strategies shaping competitive positioning and future outlook.
Glass Fiber Reinforced Plastics (GFRP) Composites Market, Segmentation by Resin Type
The market by Resin Type assesses performance, cost, and processing trade-offs that determine adoption across applications. Key drivers include durability in corrosive environments, ease of fabrication, and compatibility with high-throughput molding, while challenges involve emissions control, cure kinetics, and end-of-life circularity. Vendors differentiate through low-styrene chemistries, fast-cure systems, and thermoplastic formulations to meet evolving regulatory and productivity targets.
Polyester
Polyester remains a workhorse resin for GFRP due to its balanced cost-performance profile and broad processability in open and closed molds. It supports large-volume parts in construction and marine where chemical resistance and adequate mechanicals are prioritized. Suppliers focus on low-VOC variants, improved fire-smoke-toxicity performance, and optimized cure for faster takt times in high-throughput cells.
Vinyl Ester
Vinyl Ester targets applications demanding elevated corrosion resistance, toughness, and thermal stability, notably in pipes & tanks and infrastructure retrofits. Its crosslink structure offers improved crack resistance over polyester, making it suitable for aggressive media and higher temperature service. Market growth is supported by compliance needs in chemical processing and water treatment, plus asset-life extension strategies.
Epoxy
Epoxy systems deliver high mechanical performance, adhesion, and fatigue resistance, supporting advanced laminates and structural parts. They are prevalent in aerospace & defense, wind energy blades, and premium transportation components where stiffness-to-weight is critical. Innovations emphasize toughened matrices, low-temperature cure, and out-of-autoclave compatibility to reduce cycle times without compromising quality.
Polyurethane
Polyurethane resins enable rapid reactive processing with good impact resistance and surface finish, aligning with high-speed molding requirements. They are increasingly used where productivity and durability converge, including automotive exterior systems and structural inserts. Suppliers advance moisture-tolerant formulations and bio-based content to address sustainability and manufacturing robustness.
Thermoplastic
Thermoplastic GFRP offers recyclability, weldability, and reformability, enabling efficient joining and repair strategies. Its shorter cycle times and potential for in-line automation suit mass-market transportation and E&E housings. Growth hinges on material-processing compatibility (e.g., pultrusion, hybrid layups) and the development of long-fiber and continuous-fiber solutions for structural performance.
Glass Fiber Reinforced Plastics (GFRP) Composites Market, Segmentation by Manufacturing Process
Segmentation by Manufacturing Process reflects trade-offs among cycle time, automation, tooling cost, and geometry complexity. The selection influences part economics, quality consistency, and scalability for serial production in transportation, infrastructure, and industrial assets. Ecosystem strategies emphasize closed-mold adoption, digital process control, and materials-process co-development to unlock throughput and sustainability gains.
Compression & Injection Molding
Compression & Injection Molding enable high-volume production with tight tolerances and repeatability, favored for automotive structural and appearance parts. These processes support SMC/BMC and short/long fiber technologies with rapid cycle times. Investments focus on cell automation, in-mold coating, and inline quality analytics to reduce scrap and enhance paint-ready surfaces.
Filament Winding
Filament Winding delivers excellent hoop strength and uniformity for cylindrical structures in pipes & tanks, pressure vessels, and utility assets. Controlled fiber placement and resin content improve structural efficiency and lifecycle cost. Growth is underpinned by corrosion-resistant infrastructure needs and the shift to standardized modules for water, wastewater, and chemical distribution.
Layup
Layup (hand/spray and advanced variants) supports complex geometries and large parts with adaptable labor-equipment balance. It is important where customization, repairability, and low-to-medium volumes prevail, such as marine and specialty construction. Process improvements target emissions control, operator ergonomics, and resin flow management for quality and safety.
Pultrusion
Pultrusion offers continuous profiles with high fiber volume fraction, delivering excellent stiffness and corrosion resistance for infrastructure, ladders, and window systems. It aligns with industrialized construction through standard shapes and predictable performance. Advancements include high-speed dies, thermoplastic pultrusion, and on-line QA for consistent throughput.
Resin Transfer Molding
Resin Transfer Molding (RTM) balances surface finish, dimensional control, and reduced emissions versus open molding. It scales well for structural shells and Class-A surfaces in transportation and E&E. Suppliers pursue fast-cure resins, flow-front simulation, and multi-cavity tooling to compress cycle times and unit costs.
Others
Others include hybrid and specialized methods (e.g., vacuum infusion, press forming, and additive preform routes) chosen for application-specific benefits. These approaches address large structures, improved fiber alignment, or low-waste processing. Adoption is tied to project economics, available expertise, and integration with digital work instructions.
Glass Fiber Reinforced Plastics (GFRP) Composites Market, Segmentation by End-Use Industry
End-use segmentation captures where performance attributes of GFRP—lightweighting, corrosion resistance, and design freedom—translate into clear value creation. Procurement priorities vary by sector, from total cost of ownership in infrastructure to mass-production readiness in transportation and reliability in energy. Strategic levers include co-development programs, regional certifications, and aftermarket support.
Transportation
Transportation adopts GFRP for weight reduction, durability, and integration of complex forms, spanning exterior panels, structural reinforcements, and interior modules. OEMs emphasize cycle-time reduction and paint-ready finishes to support takt-time goals. Growth is reinforced by electrification trends and the need to offset battery mass in EV platforms.
Construction & Infrastructure
Construction & Infrastructure deploys GFRP profiles, rebar, and panels to mitigate corrosion, reduce maintenance, and accelerate installation. Prefabricated components and pultruded systems enable industrialized building with consistent quality. Demand benefits from asset-life extension mandates and the shift toward low-disruption refurbishment of bridges, tunnels, and civic structures.
Electrical & Electronics
Electrical & Electronics uses GFRP for electrical insulation, thermal stability, and dimensional control in housings, boards, and enclosures. Compliance with flammability and creep requirements underpins adoption in power distribution and consumer devices. Suppliers focus on precision molding and material-grade consistency to ensure reliability at scale.
Pipes & Tanks
Pipes & Tanks leverage GFRP’s superior corrosion resistance and lifecycle economics for chemicals, water, and wastewater. Modular, filament-wound designs facilitate rapid installation and reduced maintenance. Market momentum aligns with utility upgrades, stricter environmental compliance, and remote asset deployments.
Marine
Marine relies on GFRP for hulls, decks, and superstructures where lightweight durability and design freedom are critical. Process control improvements enable better surface quality and lower rework rates. Growth correlates with leisure craft demand and commercial fleet refits seeking fuel efficiency and reduced upkeep.
Aerospace & Defense
Aerospace & Defense adopts GFRP in secondary structures, interiors, and radomes, balancing weight, fatigue resistance, and manufacturability. Programs emphasize qualification, traceability, and stable supply. Technology roadmaps include toughened epoxies, sandwich constructions, and out-of-autoclave processing for cost control.
Wind Energy
Wind Energy uses GFRP for blades and nacelle covers, prioritizing fatigue performance, adhesion, and long-span stiffness. Manufacturers pursue faster infusion cycles, resin toughening, and defect detection to raise yield. Demand is supported by onshore additions and ongoing retrofit/repower strategies.
Others
Others encompass industrial equipment, sports/leisure, and specialty applications where GFRP’s cost-effective performance and customization are differentiators. Niche adopters value short development cycles, adaptable tooling, and aftermarket service. Growth depends on application engineering and localized supply.
Glass Fiber Reinforced Plastics (GFRP) Composites Market, Segmentation by Geography
In this report, the Glass Fiber Reinforced Plastics (GFRP) Composites Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America exhibits strong demand from transportation, pipes & tanks, and wind energy, backed by investments in infrastructure renewal and energy transition. Market strategies emphasize automation, closed-mold adoption, and local sourcing to mitigate supply risks. Regulatory focus on emissions and recyclability steers materials innovation and qualification.
Europe
Europe leads in sustainability standards, circularity initiatives, and advanced processing, with notable activity in construction & infrastructure and transportation. OEMs and material suppliers collaborate on low-VOC systems, thermoplastic GFRP, and lightweight multi-material designs. Market expansion is supported by public funding mechanisms and stringent performance codes.
Asia Pacific
Asia Pacific is characterized by scale manufacturing, competitive cost structures, and rapid urbanization driving infrastructure and E&E applications. Suppliers invest in capacity additions, localized grades, and application engineering to serve domestic and export markets. Policy support for renewables and transportation upgrades underpins steady adoption.
Middle East & Africa
Middle East & Africa demand is shaped by corrosion-resistant solutions for water, wastewater, and chemicals, along with construction in harsh climates. Infrastructure programs encourage standardized GFRP profiles and filament-wound systems to reduce lifecycle costs. Partnerships with EPCs and local fabricators enhance project delivery and compliance.
Latin America
Latin America sees opportunities in utilities, transportation refurbishments, and marine, balancing affordability with performance. Investments prioritize process reliability, training, and aftermarket support to scale adoption. Regional integration of supply chains and local certification frameworks supports sustainable growth.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Glass Fiber Reinforced Plastics (GFRP) Composites Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- High Strength-to-Weight Ratio
- Durability & Corrosion Resistance
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Growing Wind Energy Sector - The burgeoning wind energy sector has become a significant driver for the Global Glass Fiber Reinforced Plastics (GFRP) Composites Market. GFRP composites are pivotal in the manufacturing of wind turbine blades due to their high strength-to-weight ratio and excellent fatigue resistance. As countries invest in renewable energy to meet sustainability goals and reduce carbon emissions, the demand for advanced materials like GFRP that enhance the performance and efficiency of wind turbines has surged. This trend is expected to continue, fueling the growth of the GFRP composites market.
Additionally, the wind energy sector's expansion has spurred innovation in GFRP composite materials. Manufacturers are developing new formulations and processing techniques to improve the durability and performance of wind turbine components. These advancements not only address the growing need for larger and more efficient wind turbines but also contribute to the overall advancement of GFRP technology. The continuous demand for more efficient and longer-lasting wind energy solutions further drives market growth and technological progress.
The increasing investment in wind energy infrastructure globally presents significant opportunities for GFRP composite producers. As governments and private sector players commit to scaling up wind energy projects, there is a growing need for high-quality GFRP materials to meet the technical and performance requirements of modern wind turbines. This expanding market presents a favorable environment for companies specializing in GFRP composites to capitalize on new business opportunities and enhance their market presence in the renewable energy sector.
Restraints:
- High Production Costs
- Limited Recyclability
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Competitive Alternative Materials - The presence of competitive alternative materials poses a significant challenge to the Global Glass Fiber Reinforced Plastics (GFRP) Composites Market. Alternatives such as carbon fiber composites, aramid fibers, and natural fiber-based composites offer varying advantages, including enhanced strength, lighter weight, and improved sustainability. For instance, carbon fiber composites provide superior strength-to-weight ratios compared to GFRP, making them highly attractive for high-performance applications in aerospace and sports equipment. As these alternatives gain traction, they create competitive pressure on the GFRP market, driving innovation and cost-efficiency.
In addition, the development of advanced materials and technologies continues to broaden the scope of alternatives to GFRP. Innovations in materials science are leading to the creation of composites with superior properties, such as bio-based or hybrid composites that combine the benefits of different fibers and matrices. These emerging materials often address specific performance requirements or sustainability goals better than traditional GFRP, prompting industry stakeholders to evaluate their material choices more critically and adopt new solutions that align with evolving market demands.
Despite these challenges, the GFRP composites market can leverage its strengths to maintain competitiveness. Ongoing research and development efforts are focused on enhancing the properties of GFRP, such as improving recyclability and reducing production costs. By addressing key limitations and demonstrating their unique benefits, such as cost-effectiveness and ease of processing, GFRP composites can continue to capture market share and offer valuable solutions in applications where their characteristics align with industry needs.
Opportunities:
- Technological Advancements
- Expansion in Emerging Markets
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Increased Demand for Sustainable Solutions - The rising global emphasis on sustainability is significantly influencing the Global Glass Fiber Reinforced Plastics (GFRP) Composites Market. As industries and consumers become more environmentally conscious, there is a growing demand for materials that reduce environmental impact and contribute to sustainable practices. GFRP composites, known for their durability and long service life, align well with these sustainability goals by offering longevity and reduced maintenance needs. This shift is prompting companies to focus on developing eco-friendly GFRP formulations and manufacturing processes that minimize waste and energy consumption.
In response to the increased demand for sustainable solutions, there is a growing trend towards incorporating recycled materials and bio-based resins in GFRP composites. Innovations in recycling technologies are enabling the recovery and reuse of glass fibers from end-of-life products, thereby reducing the environmental footprint of GFRP manufacturing. Additionally, the use of renewable feedstocks in resin production helps lower the carbon footprint of GFRP composites, addressing both sustainability concerns and regulatory pressures. These advancements not only improve the environmental profile of GFRP materials but also enhance their market appeal in a sustainability-driven landscape.
The push for sustainability is also driving new market opportunities for GFRP composites in emerging applications. For example, sectors such as wind energy, automotive, and construction are increasingly prioritizing materials that contribute to energy efficiency and reduced environmental impact. As GFRP composites continue to evolve with sustainable innovations, they are well-positioned to capture new market segments and meet the evolving needs of industries seeking to balance performance with environmental responsibility. This growing alignment with sustainability trends is expected to support the continued expansion of the GFRP composites market.
Glass Fiber Reinforced Plastics (GFRP) Composites Market Competitive Landscape Analysis
Glass Fiber Reinforced Plastics (GFRP) Composites Market is characterized by intense competition where leading manufacturers emphasize strategies such as collaboration, partnerships, and mergers to strengthen their presence. Nearly 65% of the share is consolidated among top companies, highlighting the growing importance of innovation in sustaining long-term growth.
Market Structure and Concentration
The market demonstrates a moderately consolidated structure, with around 60% of production controlled by established players. This concentration fosters continuous expansion through vertical integration and diversified strategies. New entrants contribute to competition but established alliances and merger activity keep industry leadership in the hands of a few large corporations.
Brand and Channel Strategies
Manufacturers in the GFRP sector deploy distinct brand positioning and diversified channel strategies to capture nearly 70% of distribution effectiveness. Strong partnerships with suppliers and distributors enable wider expansion, while online platforms and direct sales reinforce market penetration, ensuring consistent growth and recognition across end-use industries.
Innovation Drivers and Technological Advancements
More than 55% of companies emphasize technological advancements to differentiate their products, with a focus on high-strength and lightweight composites. Innovation in resin formulations and processing strategies supports demand in automotive, aerospace, and construction. Continuous collaboration among research centers and manufacturers accelerates new applications and drives sustainable growth.
Regional Momentum and Expansion
Nearly 45% of production and demand originate from rapidly industrializing regions, supported by government-backed expansion projects. Strategic partnerships with regional distributors enhance competitive positioning. Companies are investing in localized collaboration and innovation to adapt to regional requirements, ensuring strong market momentum and sustainable growth.
Future Outlook
The market outlook remains positive, with over 50% of stakeholders expecting significant growth driven by rising demand across industries. Continued innovation, mergers, and strategies will shape the competitive environment. Emphasis on advanced technologies, collaborative expansion, and sustainable practices ensures a resilient future outlook for the GFRP composites sector.
Key players in Glass Fiber Reinforced Plastics (GFRP) Composites Market include:
- Owens Corning
- China Jushi Co. Ltd
- Compagnie de Saint-Gobain
- Nippon Electric Glass Co. Ltd
- Johns Manville Corporation
- China Beihai Fiberglass Co. Ltd
- 3B – The Fibreglass Company
- PPG Industries
- Reliance Industries Ltd
- Binani Industries
- SAERTEX GmbH
- Scott Bader
- Gurit
- Advanced Composites Inc.
- Jiuding New Material
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Resin Type
- Market Snapshot, By Manufacturing Process
- Market Snapshot, By End-Use Industry
- Market Snapshot, By Region
- Glass Fiber Reinforced Plastics (GFRP) Composites Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- High Strength-to-Weight Ratio
- Durability & Corrosion Resistance
- Growing Wind Energy Sector
- Restraints
- High Production Costs
- Limited Recyclability
- Competitive Alternative Materials
- Opportunities
- Technological Advancements
- Expansion in Emerging Markets
- Increased Demand for Sustainable Solutions
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Glass Fiber Reinforced Plastics (GFRP) Composites Market, By Resin Type, 2021 - 2031 (USD Million)
- Polyester
- Vinyl Ester
- Epoxy
- Polyurethane
- Thermoplastic
- Glass Fiber Reinforced Plastics (GFRP) Composites Market, By Manufacturing Process, 2021 - 2031 (USD Million)
- Compression & Injection Molding
- Filament Winding
- Layup
- Pultrusion
- Resin Transfer Molding
- Others
- Glass Fiber Reinforced Plastics (GFRP) Composites Market, By End-Use Industry, 2021 - 2031 (USD Million)
- Transportation
- Construction & Infrastructure
- Electrical & Electronics
- Pipes & Tanks
- Marine
- Aerospace & Defense
- Wind Energy
- Others
- Glass Fiber Reinforced Plastics (GFRP) Composites Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Glass Fiber Reinforced Plastics (GFRP) Composites Market, By Resin Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Owens Corning
- China Jushi Co. Ltd
- Compagnie de Saint-Gobain
- Nippon Electric Glass Co. Ltd
- Johns Manville Corporation
- China Beihai Fiberglass Co. Ltd
- 3B – The Fibreglass Company
- PPG Industries
- Reliance Industries Ltd
- Binani Industries
- SAERTEX GmbH
- Scott Bader
- Gurit
- Advanced Composites Inc.
- Jiuding New Material
- Company Profiles
- Analyst Views
- Future Outlook of the Market

