"Innovative Market Solutions to Help Businesses Make Informed Decisions"

FRP Panels Market Size, Share & Industry Analysis, By Raw Material (Fiberglass, Polyester Resin, Epoxy Resin, Filers, Others), By Application (Automotive, Building & Construction, Aerospace, Marine, Others) And Regional Forecast, 2024-2032

Published On : June 08, 2021 | Report ID: FBI105248 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

FRP panels stand for fiberglass reinforced plastic panels. The raw material such as fiberglass, polyester resin, epoxy resin, and filers are used in the manufacturing of FRP panels. They can be easily customizable and available in a variety of colours based on the application needed. They can adhere directly to plywood or gypsum walls with different trowel-on adhesives. Additionally, the FRP panels do not rot, corrode, or conduct electricity and heat. They are ideal for providing toughness, water-resistant, easy to install, durability, and easy to maintain properties. This leads to a surge in its demand in a wide range of applications such as automotive, building & construction, aerospace, and marine.


The rapid growth in the building & construction industry will boost the consumption of fiberglass reinforced plastic panels. The product provides a variety of abstract prints, woodgrain, visual textures, and plus tactile. In the building & construction industry, FRP panels highly find its use in the interior and exterior wall panels, pedals, partitions, door panels, and cold storage. It also helps in enhancing hospital rooms, classrooms, offices, waiting rooms, corridors, hallways, recreational areas, and dining rooms. The innovation in the panels coupled with rapid growth in the construction industry will surge the product demand. Hence, rising demand will fuel fiberglass reinforced plastic panels market growth during the forecast timeline.

However, the less awareness amongst the people regarding the use and benefits of FRP panel is restricting its adoption in various applications. Hence, this is anticipated to hamper the market growth.

Key Market Driver -

The rising demand for FRP Panel in building & construction industry to drive the market growth.

Key Market Restraint -

Less awareness of the FRP Panel to restrict the market growth


Market Segmentation:


Based on raw material, the FRP panels market is segmented into fiberglass, polyester resin, epoxy resin, filers, and others. Based on application, the market is segmented into automotive, building & construction, aerospace, marine, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.   

Key Players Covered:


The key players in the FRP panels market include Fiber-Tech Industries, Inc., Crane Composites, Lowe's, POLSER INC., MaxGrate, Qingdao CIMC Composites Co., Ltd.,  Nudo, Everest Composites Pvt. Ltd., Panolam Industries International, Inc., and Marlite.

Key Insights



  • Key Emerging Trends – For Major Countries

  • Key Developments: Mergers, Acquisition, Partnership, etc.

  • Latest Technological Advancement

  • Insights on Regulatory Scenarios

  • Porters Five Forces Analysis


Regional Analysis:


Asia Pacific is anticipated to witness the highest growth in the FRP Panel market. The rapidly growing building & construction industry has surged product demand. Further, increasing the adoption of polyester and epoxy resin in the manufacturing of FRP panels will fuel the market growth in this region. In Europe, growth is due to the rising adoption of the product in the automotive industry. The rising use of the product in the aerospace industry will fuel the market growth in North America, in which the US and Canada are the leading countries. The Middle East & Africa is anticipated to witness significant growth, owing to the adoption of the product in the marine industry.

To gain extensive insights into the market, Request for Customization


Segmentation






















 ATTRIBUTES 

 DETAILS 

By Raw Material



  • Fiberglass

  • Polyester Resin

  • Epoxy Resin

  • Filers

  • Others



By Application



  • Automotive

  • Building & Construction

  • Aerospace

  • Marine

  • Others



By Geography



  • North America (U.S. and Canada)

  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)






  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients

BASF
Kpmg
Citibank
Mckinsey
UBS

Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X