News Feed Item

Global Glass Fiber & Glass Fiber Reinforced Plastic (GFRP) Composites Market Report 2014 - Forecasts 2019

DUBLIN, IRELAND -- (Marketwired) -- 07/03/14 -- Research and Markets (http://www.researchandmarkets.com/research/zh7bpq/glass_fiber_and) has announced the addition of the "Glass Fiber & Glass Fiber Reinforced Plastic (GFRP) Composites Market by Raw Material, Manufacturing Process, Application & by Geography - Global Trends & Forecast to 2019" report to their offering.

Glass fibers are produced when glass is heated until it is molten, and is forced through superfine holes, creating thin glass filaments/fibers about 1/10th the size of a human hair. Glass fibers are available in different diameters according to their requirement. They have been incorporated in various applications for several decades because of their relatively low cost in comparison with traditional materials such as steel and aluminum and are easily available. Additionally, usage of glass fibers in place of metals offers certain structural advantages such as styling flexibility. GFRP Composites are lighter and flexible; therefore producing complex models with higher resistance and lower weight is easier.

The factor responsible for the growing demand of glass fiber industry is the recovery of the global economy and improving prospects in various end-use markets. Since glass fiber composites are reliable, versatile, light weight, and cost-effective, the demand of GFRP Composites is higher. The enormous potential in the Asian countries, particularly China and India, is likely to foster further growth of the glass fiber market. This report estimates the market size of the GFRP Composites both, in terms of volume and value.

The global GFRP Composites market by raw material, manufacturing process, and applications has witnessed a significant growth in the past few years and this growth is estimated to persist in the coming years. The transportation and construction & infrastructure sector constitute majority of the market, globally. While electrical & electronics, consumer goods, pipe, tank & other corrosion resistant equipment and marine contribute largely to the pharmaceutical packaging market; wind energy and aerospace & defense sectors, and other new applications will drive the future growth in the industry.

The Asia-Pacific and North American regions dominated the GFRP Composites market in 2013 and accounted for 67% of the market share. These regions dominate the GFRP Composites market due to their usage in transportation, construction & infrastructure, aerospace & defense, and wind energy sectors, which drive the GFRP Composites market. The Asia-Pacific region has been the leading market with respect to supply and demand of glass fibers and will be the fastest growing market among all the regions for the forecast period. The market in this region is spurred by the large economies of Japan, China, and India that are experiencing increased manufacturing activities, growth of infrastructure & construction and wind energy sector, and increased government investments in defense and construction projects.

With the market participants' growing interest in new product innovations for various end applications; it is expected that the global GFRP Composites market will register strong growth in the near future. Largely, the glass fiber market is fragmented with leading participants being Owens Corning (U.S.), Jushi Group (China), Taishan Fiberglass Inc. (China), Advanced Glassfiber Yarns (AGY) LLC (U.S.), Binani 3B-The Fibreglass Company (Belgium), Chongqing Polycomp International Corp. (China), Johns Manville (U.S.), Nippon Sheet Glass (Japan), PPG Industries (U.S.), and Saint Gobain-Vetrotex (France).

Scope of the Report

Raw materials

The market for GFRP Composites is segmented by type of raw material consumed such as glass fiber, resins and fillers. Resins material segment is further classified as thermoset and thermoplastic resins in the report with volume and value forecasts as well.

Manufacturing processes

The report is segmented on the basis of process used for manufacturing composites such as manual, compression, injection, and continuous processes.


The market for GFRP Composites is segmented by application of products in various end use industries such as transportation, construction & infrastructure, electrical & electronics, consumer goods, pipe, tank & other corrosion resistant equipment, marine, aerospace & defense, wind energy, and others.

Key Topics Covered:

1.  Introduction
2.  Executive Summary
3.  Market Overview
4.  Premium Insights
5.  GFRP Composites Market Assessment, 2013
6.  Market Assessment By Raw Materials
7.  Market Assessment By Manufacturing Processes
8.  Market Assessment By Applications
9.  Market Assessment By Geography
10. Competitive Landscape
11. Company Profiles

--  Advanced Glassfiber Yarns (AGY) LLC
--  Asahi Glass Company Limited
--  BGF Industries
--  Binani 3B-The Fibreglass Company
--  Chomarat Group
--  Chongqing Polycomp International Corp
--  Johns Manville
--  Jushi Group Co. Ltd.
--  Nippon Sheet Glass Co. Ltd. (NSG
--  Nitto Boseki Co. Ltd.
--  Owens Corning
--  PPG Industries Inc.
--  SAERTEX Group
--  Saint-Gobain Vetrotex
--  Taishan Fiberglass Inc.

For more information visit http://www.researchandmarkets.com/research/zh7bpq/glass_fiber_and

Sector: Plastics

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
The IoT industry is now at a crossroads, between the fast-paced innovation of technologies and the pending mass adoption by global enterprises. The complexity of combining rapidly evolving technologies and the need to establish practices for market acceleration pose a strong challenge to global enterprises as well as IoT vendors. In his session at @ThingsExpo, Clark Smith, senior product manager for Numerex, will discuss how Numerex, as an experienced, established IoT provider, has embraced a ...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Arch...
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
SYS-CON Events announced today that Cloudbric, a leading website security provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Cloudbric is an elite full service website protection solution specifically designed for IT novices, entrepreneurs, and small and medium businesses. First launched in 2015, Cloudbric is based on the enterprise level Web Application Firewall by Penta Security Sys...
We are reaching the end of the beginning with WebRTC, and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will w...
When people aren’t talking about VMs and containers, they’re talking about serverless architecture. Serverless is about no maintenance. It means you are not worried about low-level infrastructural and operational details. An event-driven serverless platform is a great use case for IoT. In his session at @ThingsExpo, Animesh Singh, an STSM and Lead for IBM Cloud Platform and Infrastructure, will detail how to build a distributed serverless, polyglot, microservices framework using open source tec...
November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Penta Security is a leading vendor for data security solutions, including its encryption solution, D’Amo. By using FPE technology, D’Amo allows for the implementation of encryption technology to sensitive data fields without modification to schema in the database environment. With businesses having their data become increasingly more complicated in their mission-critical applications (such as ERP, CRM, HRM), continued ...
The Open Connectivity Foundation (OCF), sponsor of the IoTivity open source project, and AllSeen Alliance, which provides the AllJoyn® open source IoT framework, today announced that the two organizations’ boards have approved a merger under the OCF name and bylaws. This merger will advance interoperability between connected devices from both groups, enabling the full operating potential of IoT and representing a significant step towards a connected ecosystem.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
A completely new computing platform is on the horizon. They’re called Microservers by some, ARM Servers by others, and sometimes even ARM-based Servers. No matter what you call them, Microservers will have a huge impact on the data center and on server computing in general. Although few people are familiar with Microservers today, their impact will be felt very soon. This is a new category of computing platform that is available today and is predicted to have triple-digit growth rates for some ...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
Effectively SMBs and government programs must address compounded regulatory compliance requirements. The most recent are Controlled Unclassified Information and the EU’s GDPR have Board Level implications. Managing sensitive data protection will likely result in acquisition criteria, demonstration requests and new requirements. Developers, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by incorporating changes.
SYS-CON Events announced today that Enzu will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their online busine...
SYS-CON Events announced today that Roundee / LinearHub will exhibit at the WebRTC Summit at @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LinearHub provides Roundee Service, a smart platform for enterprise video conferencing with enhanced features such as automatic recording and transcription service. Slack users can integrate Roundee to their team via Slack’s App Directory, and '/roundee' command lets your video conference ...
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and...