Fibre reinforced plastic is basically a composite material that is made up of polymer matrix which is then reinforced by fibres. The fibres are mostly of glass, basalt, aramid or carbon. The polymer is usually an epoxy, vinyl ester, or polyester thermosetting plastic, though phenol formaldehyde resins are still in use. These plastic panels are thin and flexible and are made up of sturdy polyester resin that is reinforced by blending two or more materials.
MARKET DYNAMICS
The Fiber Reinforced Plastic (FRP) Panels & Sheets Market is on a rise and is expected to grow quickly due to the unique set of properties it has such as fire resistance, superior strength and resistance to the harsh chemicals. The FRP panels and sheets have numerous applications like in the building & construction industry such as interior wall panels, roofing and exterior façade which is expected to augment the product market size during the forecast period. Moreover, it also offers low cost installation, maximum sanitation protection, dependable performance, and 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.
MARKET SCOPE
The "Global Fiber Reinforced Plastic (FRP) Panels & Sheets Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fiber reinforced plastic (FRP) panels & sheets market with detailed market segmentation by type, end-use industry and geography. The fiber reinforced plastic panels & sheets market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fiber reinforced plastic panels & sheets market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global Fiber Reinforced Plastic (FRP) Panels & Sheets Market is segmented on the basis of type and end-user industry. On the basis of type the market is segmented into glass fibre reinforced polymer and carbon fibre reinforced polymer. On the basis of end-user industry the market is segmented into building and construction, automotive and aerospace, transportation, electronic and electricals and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the fibre reinforced plastic panels and sheets market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fibre reinforced plastic panels and sheets market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting fibre reinforced plastic panels and sheets market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting fibre reinforced plastic panels and sheets market in these regions.
MARKET PLAYERS
The reports cover key developments in the fibre reinforced plastic panels and sheets market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from fibre reinforced plastic panels and sheets market are anticipated to lucrative growth opportunities in the future with the rising demand for fibre reinforced plastic panels and sheets in the global market. Below mentioned is the list of few companies engaged in the fibre reinforced plastic panels and sheets market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fibre reinforced plastic panels and sheets market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Brianza Plastica S.p.A.
- Crane Composites Inc.
- C-Sco Sandwich Panel and Shelters Industry Co. Ltd.
- Glasteel, Inc.
- LAMILUX Heinrich Strunz Group
- Optiplan GmbH
- Panolam Industries International Inc.
- Polser Fiberglass Reinforced Plastics Inc.
- U.S. Liner Company
- Vetroresina SPA
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