The Fiber Reinforced Plastic (FRP) Panels & Sheets Market is growing at a rapid pace due to the unique set of properties it possesses such as fire resistance, superior strength and resistance to the harsh chemicals.
— The Fiber Reinforced Plastic (FRP) Panels & Sheets Market is growing at a rapid pace due to the unique set of properties it possesses such as fire resistance, superior strength and resistance to the harsh chemicals. These are flexible and thin plastic panels made of sturdy polyester resin that is reinforced by blending two or more materials.
The FRP panels and sheets have widespread applications in the building & construction industry such as interior wall panels, roofing and exterior façade that is expected to augment the product market size during the forecast period. Moreover, it also offers low cost installation, maximum sanitation protection, dependable performance, superior flexibility, resistance to shattering and scratches and hassle free maintenance that is projected to boost the FRP panels and sheets market size in the near future.
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Automotive and OEM manufacturers are advancing technologies and shifting their need for innovative materials to reduce vehicle weight, better fuel efficiency and achieve carbon emission control. The drift towards FRP sheets and panels offers several structural and weight benefits over conventional steel and injection molded automotive parts. Stringent government regulations for fuel efficiency and vehicular safety are expected to drive the product demand for lightweight vehicles.
Additionally, consumption for FRP panels and sheets has escalated considerably in the production of aircrafts. It provides greater flexibility, as these reinforced materials can be altered to meet design requirements that will propel the FRP panels and sheets market size in the projected timespan. Nevertheless, availability of substitute products such as aluminum, engineered plastics, TPUs, TPOs and other metal alloys may prove to be an obstacle in the growth of the product market.
The Fiber Reinforced Plastic (FRP) Panels & Sheets Market reports basic table of content consists of,
1. Methodology and Scope
2. Executive Summary
3. Fiber Reinforced Plastic (FRP) Panels & Sheets Market Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 – 2025
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter’s analysis
3.10. Company market share, 2018
3.11. PESTEL analysis
3.14. Regional price trends
4. Fiber Reinforced Plastic (FRP) Panels & Sheets Market Product Insights
5. Fiber Reinforced Plastic (FRP) Panels & Sheets Market Application Insights
6. Fiber Reinforced Plastic (FRP) Panels & Sheets Market Regional Insights
7. Competitor Profiles
According to the product types, the FRP panels and sheets are divided into general lining surface sheets, bead sheets, gel-coat sheets, fiberglass sheets and few others. Fiberglass sheets is expected to be the dominant product type during the forecast period due to its unique properties such as low cost, moisture and chemical resistance, easy to clean, superior strength etc. The product possesses excellent thermal and heat insulation performance that is projected to advance the FRP panels and sheets in the near future.
Based on the end-use industries, the product market is classified into building and construction, automotive and aerospace, transportation, electronics and electrical, consumer products and some others. Automotive and aerospace industry is projected to record the maximum share in the product market size. The product is broadly used in the production of roof panels, sidewall panels, floor panels, door skins etc. that will directly augment the FRP panels and sheets industry size in the coming years.
1 Fiber Reinforced Plastic (FRP) Panels & Sheets Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Fiber Reinforced Plastic (FRP) Panels & Sheets Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
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The major market players contributing in the FRP panels & sheets market includes Glasteel, Inc., Crane Composites Inc., U.S. Liner Company, Optiplan GmbH, Brianza Plastica S.p.A., Polser Fiberglass Reinforced Plastics Inc., LAMILUX Heinrich Strunz Group, Panolam Industries International Inc. etc.
Name: Arun Hedge
Email: Send Email
Organization: Global Market Insights, Inc.
Release ID: 88895815