Market Trends

Glass Fiber Reinforced Plastic (GFRP) composite Market Overview: Glass Fiber Reinforced Plastic (GFRP) composite are the materials used in various end use industries. The higher strength to weight ratio property is the driving force in this market. Transportation Industries are using good amount of GFRP composite materials. North America and Asia regions are the largest markets for GFRP composite market. The wide use of these composite materials in aircraft structural components, aerospace industries, construction sectors are fueling the market growth. Glass Fiber Reinforced Plastic (GFRP) composite Market Outlook: The applications of GFRP composites are in building and construction, aerospace, wind power Turbines, pipes and tanks, automotive and so on. In buildings, these composite materials are used as reinforcement as rebars, industrial floorings, Domes, cornice, canopies, roofs and so on. These acts as thermal resistant, low weight and more strength characteristics. In air craft a