Global Glass Fiber Reinforced Polypropylene
Market Report
2025
The Global Glass Fiber Reinforced Polypropylene market size will grow at a compound annual growth rate (CAGR) of 8.80% from 2023 to 2030.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Glass Fiber Reinforced Polypropylene market size will grow at a compound annual growth rate (CAGR) of 8.80% from 2023 to 2030.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Glass Fiber Reinforced Polypropylene Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 8.8% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Glass Fiber Reinforced Polypropylene industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Glass Fiber Reinforced Polypropylene Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Long-fiber-reinforced thermoplastics (LFRTs) are a form of thermoplastic that can be easily molded. The manufacturing process for LFRT components or semi-finished products involves compression or injection molding. The growth is fueled due to the rising adoption of eco-friendly unsaturated polyester resin and the increasing use of low-dielectric glass fiber in high-performance PCBs.
These developments empower businesses to offer better-tailored solutions and services, which, in turn, contribute to the growth of the glass fiber-reinforced polypropylene industry.
For instance, approval has been granted to Asahi India Glass for acquiring Shield Autoglass (SAL) equity shares from its current shareholders. The board of directors approved during their meeting on May 25, 2022.
(Source:www.moneyworks4me.com/company/news/index/id/485421)
The increasing demand within the automotive industry. GFPP has gained significant traction as a preferred material for various automotive components due to its lightweight, high strength, and cost-effectiveness. In order to increase fuel economy and lower emissions, automakers are always looking for methods to lighten the load on their cars, which makes GFPP an excellent material to use when producing interior and exterior automobile parts.
Saint-Gobain, the renowned French glass manufacturer, recently concluded a significant expansion project at its World Glass Complex in Sriperumbudur, near Chennai. This expansion, which cost over 500 crores, encompassed the addition of a state-of-the-art float glass unit, an integrated windows line facility, and the creation of an urban forest.
Components such as bumpers, door panels, and instrument panels made from GFPP offer excellent impact resistance, corrosion resistance, and design flexibility. Additionally, GFPP's recyclability aligns with the automotive industry's sustainability goals. As the automotive sector continues to evolve towards electric and hybrid vehicles, GFPP's properties make it an ideal material for battery components, further driving its demand in the market.
Another key glass fiber-reinforced polypropylene market driver is the construction and building industry. Due to its exceptional mechanical qualities, including high stiffness, toughness, and moisture resistance, GFPP is frequently used in construction. It is often employed in the production of architectural materials including window profiles, pipelines, and roofing elements. The substance is popular in building projects because of its durability in adverse weather and its capacity to keep structural integrity over time.
The GFPP market is growing environmental consciousness and concerns regarding sustainability. While GFPP offers numerous advantages regarding strength-to-weight ratio and durability, it is derived from petroleum-based polypropylene, which has environmental implications. The production of polypropylene involves using fossil fuels, contributing to greenhouse gas emissions. Moreover, recycling GFPP can be challenging, as adding glass fibers complicates recycling. As environmental regulations tighten and consumer preferences shift towards eco-friendly materials, the sustainability aspect of GFPP becomes a significant restraint.
The COVID-19 pandemic significantly impacted the glass fiber reinforced polypropylene (GFPP) market. Initially, the market experienced disruptions in supply chains due to lockdowns and restrictions, leading to material shortages and production delays. However, as the pandemic unfolded, the demand for GFPP in various industries, including automotive, construction, and consumer goods, surged. This increase was driven by the material's lightweight and durable properties, making it essential to manufacture components used in personal protective equipment (PPE), medical devices, and packaging materials.
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Continuous innovation, strategic alliances, global expansion efforts, and a growing focus on sustainability mark the GFPP Market's competitive landscape. These dynamics underscore the industry's commitment to meeting the evolving demands of diverse sectors while contributing to the advancement of eco-friendly materials and solutions.
July 2017: Owens Corning Infrastructure has acquired Aslan FRP Company, a company based in the United States. This acquisition aims to expand their business and create new infrastructure projects, including buildings, marine facilities, roads, and tunnels.
October 2017: SABIC has recently inaugurated a new polypropylene compounding line to meet the increasing demand from the automotive sector and enhance market supply.
(Source:www.indianchemicalnews.com/compendium/sabic-starts-up-pp-compounding-line-in-belgium-10792)
Top Companies Market Share in Glass Fiber Reinforced Polypropylene Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominates the GFPP Market due to several key factors. Firstly, the region benefits from a mature manufacturing sector and robust infrastructure, enabling efficient production and distribution of GFPP materials and products. Secondly, the automotive industry, a significant consumer of GFPP, is well-established in North America, with a strong focus on lightweight and sustainability. Furthermore, Within North America, the United States (USA) stands out as the dominant country in the GFPP Market. This can be attributed to several factors. Firstly, the USA boasts a thriving automotive industry, home to some of the world's largest automakers. These manufacturers have increasingly turned to GFPP to meet stringent fuel efficiency and emissions standards, driving substantial demand for GFPP in automotive applications.
Asia-Pacific is emerging as the fastest-growing region in the GFPP Market, driven by several compelling factors. Firstly, the region's rapid urbanization and industrialization have created a burgeoning demand for construction and infrastructure development. As countries across Asia-Pacific invest heavily in building projects, the need for high-performance building materials like GFPP has surged. GFPP's superior mechanical properties, including strength, durability, and resistance to environmental factors, make it a natural choice for applications such as window frames, pipes, and roofing materials, aligning perfectly with the region's construction boom.
The current report Scope analyzes Glass Fiber Reinforced Polypropylene Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Glass Fiber Reinforced Polypropylene Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Glass Fiber Reinforced Polypropylene Industry growth. Glass Fiber Reinforced Polypropylene market has been segmented with the help of its Type, Application , and others. Glass Fiber Reinforced Polypropylene market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the dominant category is injection molding. Injection molding has emerged as the dominant process due to its wide range of application across various industries. GFPP, with its combination of polypropylene and glass fibers, offers excellent mechanical properties, making it ideal for producing intricate and high-strength components. Injection molding allows for the precise and efficient manufacturing of complex shapes and intricate parts, such as automotive interior components, electrical enclosures, and consumer goods.
Extrusion molding is the fastest-growing category in the GFPP Market, primarily due to its expanding applications in construction, building, and infrastructure projects. Extrusion molding allows for the continuous production of long and consistent profiles, making it well-suited for applications like window and door frames, pipes, and structural components. GFPP's exceptional strength and resistance to environmental factors make it an attractive choice for construction materials.
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The dominant category is the (OEM) demand segment. This dominance is due to widespread use of GFPP in various industries, including automotive, electrical and electronics, consumer goods, and more. OEMs across these sectors prefer GFPP for its excellent balance of strength, lightweight properties, and cost-effectiveness. Furthermore, The dominance of OEM demand is driven by the versatile applicability of GFPP across multiple industries, where it offers a compelling combination of performance and cost-efficiency.
According to Cognitive Market Research, the fastest-growing category is the construction segment. This growth is fueled by the growing adoption of GFPP in construction applications, driven by the material's outstanding mechanical properties and suitability for building materials. GFPP is extensively used in construction for manufacturing components such as window and door frames, pipes, roofing materials, and insulation. The construction industry's rising demand for energy-efficient and sustainable building solutions has prompted the use of GFPP in projects to reduce energy consumption and promote green building practices.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Glass Fiber Reinforced Polypropylene Market is witnessing significant growth in the near future.
In 2023, the Injection Molding segment accounted for noticeable share of global Glass Fiber Reinforced Polypropylene Market and is projected to experience significant growth in the near future.
The OEM Demand segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies BASF , DSM and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Type | Injection Molding, Extrusion Molding |
Application | OEM Demand, Aerospace, Electrical & Electronics, Construction, Others |
List of Competitors | BASF, Lanxess, DSM, SABIC, PolyOne, DuPont, Solvay, Hexion, Celanese, RTP, SI Group, Sumitomo Bakelite, Evonik, Daicel, Kolon, Denka, Kingfa Science and Technology, Shanghai PRET Composites |
This chapter will help you gain GLOBAL Market Analysis of Glass Fiber Reinforced Polypropylene. Further deep in this chapter, you will be able to review Global Glass Fiber Reinforced Polypropylene Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Glass Fiber Reinforced Polypropylene. Further deep in this chapter, you will be able to review North America Glass Fiber Reinforced Polypropylene Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Glass Fiber Reinforced Polypropylene. Further deep in this chapter, you will be able to review Europe Glass Fiber Reinforced Polypropylene Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Glass Fiber Reinforced Polypropylene. Further deep in this chapter, you will be able to review Asia Pacific Glass Fiber Reinforced Polypropylene Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Glass Fiber Reinforced Polypropylene. Further deep in this chapter, you will be able to review South America Glass Fiber Reinforced Polypropylene Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Glass Fiber Reinforced Polypropylene. Further deep in this chapter, you will be able to review Middle East and Africa Glass Fiber Reinforced Polypropylene Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Glass Fiber Reinforced Polypropylene. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Glass Fiber Reinforced Polypropylene market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Injection Molding have a significant impact on Glass Fiber Reinforced Polypropylene market? |
What are the key factors affecting the Injection Molding and Extrusion Molding of Glass Fiber Reinforced Polypropylene Market? |
What is the CAGR/Growth Rate of OEM Demand during the forecast period? |
By type, which segment accounted for largest share of the global Glass Fiber Reinforced Polypropylene Market? |
Which region is expected to dominate the global Glass Fiber Reinforced Polypropylene Market within the forecast period? |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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