This report studies Glass fiber reinforced plastic (GFRP) composites for automotive market.
Glass fiber reinforced plastic (GFRP) composites refer to composite materials made of resin reinforced with glass fiber. GFRP composites is used for its high mechanical strength, light weight, corrosion and temperature resistant properties, thermal insulation, smooth internal surface, easy to form complex shapes, ease of repair and its cost effectiveness.
The global market for Automotive Glass Fiber Composites is estimated to increase from US$ 3802.5 million in 2021 to reach US$ 5723.8 million by 2028, exhibiting a CAGR of 6.0% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Global key players of automotive glass fiber composites include BASF, Lanxess, SABIC, Evonik, DSM, etc. The top five players hold a share over 29%. Asia-Pacific is the largest market, has a share about 43%, followed by Europe and North America, with share 30% and 22%, separately. In terms of product type, Thermoplastic Plastic Products is the largest segment, occupied for a share of 55%, and in terms of application, Interiors and Others has a share about 37 percent.
Report Coverage
This latest report provides a deep insight into the global Automotive Glass Fiber Composites market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Automotive Glass Fiber Composites market, with both quantitative and qualitative data, to help readers understand how the Automotive Glass Fiber Composites market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in K Tons.
Market Segmentation:
The study segments the Automotive Glass Fiber Composites market and forecasts the market size by Type (Thermosetting Plastic Products and Thermoplastic Plastic Products,), by Application (Automotive Body and Roof Panels, Automotive Hood, Automotive Chassis and Interiors and Others), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
Thermosetting Plastic Products
Thermoplastic Plastic Products
Segmentation by application
Automotive Body and Roof Panels
Automotive Hood
Automotive Chassis
Interiors and Others
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
BASF
Lanxess
SABIC
Evonik
DSM
Avient
DuPont
DOMO Chemicals
Hexion
Celanese
RTP
Sumitomo Bakelite
Lotte Chemical
Daicel
Kolon
Denka
Kingfa
Chapter Introduction
Chapter 1: Scope of Automotive Glass Fiber Composites, Research Methodology, etc.
Chapter 2: Executive Summary, global Automotive Glass Fiber Composites market size (sales and revenue) and CAGR, Automotive Glass Fiber Composites market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Automotive Glass Fiber Composites sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Automotive Glass Fiber Composites sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Automotive Glass Fiber Composites market size forecast by region, by country, by type, and application.
Chapter 13: Comprehensive company profiles of the leading players, including BASF, Lanxess, SABIC, Evonik, DSM, Avient, DuPont, DOMO Chemicals and Hexion, etc.
Chapter 14: Research Findings and Conclusion