Europe Glass Fiber Reinforced Plastics Composites Market

Europe Glass Fiber Reinforced Plastics Composites Market

The Europe Glass Fiber Reinforced Plastics Composites Market is witnessing a strong growth market as the rising demand for lightweight, low cost materials increases across a range of critical sectors. The Europe Glass Fiber Reinforced Plastics Composites market was valued at $6,737.71 million in 2013 and is expected to reach $11,614.43 million in 2019 with a growing CAGR of 9.5%. Technology innovations driven by consumers demand will create new and exciting opportunities for the Europe GFRP Composites market.

The global glass fiber reinforced plastic (GFRP) composites industry is a rapidly evolving market. Glass fiber is one of the most common reinforcing elements used in commercial and industrial composites. Glass fiber properties such as high strength, flexibility, durability, stability, light-weight, and resistance to heat, temperature, and moisture make glass fiber an essential raw material for GFRP Composites that are used in variety of applications. Most of the GFRP Composites are used in transportation and infrastructure & construction sectors. The demand for renewable energy, in the form of wind turbines, demand for light-weight fuel efficient aircrafts & cars, and the demand for GFRP pipe, tank and other corrosion resistant equipment are major drivers increasing its demand in the coming years.

The European GFRP Composites market has been innovative in terms of new product developments & technologies for various application industries and there were several expansion projects by several players in the past five years. European demand for GFRP Composites accounted for 20.3% & 22.5% of the market in 2013, forecasted to grow at a CAGR of 7.6% & 9.5% by volume and value respectively.

 The key countries covered in Europe Glass Fiber Reinforced Plastics Composites Market are Germany, France, Russia, UK, Italy, Spain and others. The various applications include Transportation, Construction & Infrastructure, Electrical & Electronics, Consumer Goods, Pipes, Tank & other corrosion resistant equipments, Marine, Aerospace & defense, Wind Energy and others. The various manufacturing processes studied include Manual, Compression, injection and continuos. Further, as a part of qualitative analysis, the Europe Glass Fiber Reinforced Plastics Composites Market research report provides a comprehensive review of the important drivers, restraints, opportunities, and burning issues in the Europe Glass Fiber Reinforced Plastics Composites market.

The Europe Glass Fiber Reinforced Plastics Composites Market report also provides an extensive competitive landscape of the companies operating in this market. It also includes the company profiles of and competitive strategies adopted by various market players, including ADVANCED GLASSFIBER YARNS (AGY) LLC ,ASAHI GLASS COMPANY LIMITED ,BGF INDUSTRIES, BINANI 3B-THE FIBREGLASS COMPANY, CHOMARAT GROUP, CHONGQING POLYCOMP INTERNATIONAL CORP , JOHNS MANVILLE ,JUSHI GROUP CO. LTD. ,NIPPON SHEET GLASS CO. LTD. (NSG ,NITTO BOSEKI CO. LTD. ,OWENS CORNING ,PPG INDUSTRIES INC. ,SAERTEX GROUP ,SAINT-GOBAIN VETROTEX ,TAISHAN FIBERGLASS INC.

Customization Options:

With Market data, you can also customize MMM assessments that meet your Company’s specific needs. Customize to get comprehensive industry standards and deep dive analysis of the following parameters:

• In addition to this report, a 15% free customization we can provide GFRP Composites market data (volume & value) by Application for South Korea and Australia/New Zealand

• We can also provide global as well as regional data with additional countries like U.S., China, Japan, & India for Glass Fiber which is a raw material for GFRP Composites

• Key market developments for the leading players January, 2014 onwards

• Market share analysis for the leading companies

• Detailed analysis of Competitive Strategies especially new technology trends adopted by various companies and their impact on Europe Glass Fiber Reinforced Plastics Composites Market
• Burning Issues, Opportunities and information on the market under consideration
• Comparison with Global Glass Fiber Reinforced Plastics Composites Market

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