Welcome!

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.

Applications

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

Contacts:
Research and Markets
Laura Wood, Senior Manager
[email protected]
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and B...
The past few years have brought a sea change in the way applications are architected, developed, and consumed—increasing both the complexity of testing and the business impact of software failures. How can software testing professionals keep pace with modern application delivery, given the trends that impact both architectures (cloud, microservices, and APIs) and processes (DevOps, agile, and continuous delivery)? This is where continuous testing comes in. D
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"WineSOFT is a software company making proxy server software, which is widely used in the telecommunication industry or the content delivery networks or e-commerce," explained Jonathan Ahn, COO of WineSOFT, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It’s clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Tha...
Digital Transformation (DX) is not a "one-size-fits all" strategy. Each organization needs to develop its own unique, long-term DX plan. It must do so by realizing that we now live in a data-driven age, and that technologies such as Cloud Computing, Big Data, the IoT, Cognitive Computing, and Blockchain are only tools. In her general session at 21st Cloud Expo, Rebecca Wanta explained how the strategy must focus on DX and include a commitment from top management to create great IT jobs, monitor ...
"Digital transformation - what we knew about it in the past has been redefined. Automation is going to play such a huge role in that because the culture, the technology, and the business operations are being shifted now," stated Brian Boeggeman, VP of Alliances & Partnerships at Ayehu, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Digital transformation is about embracing digital technologies into a company's culture to better connect with its customers, automate processes, create better tools, enter new markets, etc. Such a transformation requires continuous orchestration across teams and an environment based on open collaboration and daily experiments. In his session at 21st Cloud Expo, Alex Casalboni, Technical (Cloud) Evangelist at Cloud Academy, explored and discussed the most urgent unsolved challenges to achieve f...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability and development velocity challenges. In his session at 21st Cloud Expo, Ryland Degnan, a Senior Software Engineer on the Netflix Edge Platform team, will discuss how by leveraging a reactive stream-based protocol,...