The credible Fiber Reinforced Polymer Market research report gives detailed synopsis on the study of CHEMICAL AND MATERIALS industry and its impact on the market environment. This market document provides statistics on the current state of the industry as a helpful source of assistance and direction for companies and investors interested in this market. The business report explains current and future market trends and carries out analysis of the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market. In addition, the worldwide CHEMICAL AND MATERIALS report also gives a view about key players, major collaborations, merger, & acquisitions along with trending innovation and business policies.
The science and technology continues to grow at a constant pace due to steady research and development activities and advancements in technology. The importance of fiber reinforced polymers is growing day-by-day due to their several features such as strength, fatigue resistance, ease of shaping, high stiffness, and low density over steel and other nonferrous metals. The “Carbon fiber reinforced polymer” is the highest growing stimulus segment of the market due to their superior properties such as high strength, modulus of elasticity and low density over the forecast period.
Data Bridge Market Research analyses that the fiber reinforced polymer market is expected to undergo a CAGR of 11.80% during the forecast period. This indicates that the market value, which was USD 199.35 billion in 2021, would rocket up to USD 486.58 billion by 2029.
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Market Overview
Fiber reinforced polymer is a composite material which consist polymer matrix reinforced with fibers. The fibres are usually glass aramid, carbon or basalt. Rarely, other fibres such as wood, paper, or asbestos have been used. The increasing use of fiber reinforced polymer in engineering applications due to its mechanical properties to attain significant accomplishments in the functionality, safety and economy in several industries.
Some of the major players operating in the fiber reinforced polymer market are:
BASF SE (Germany)
Mitsubishi Chemical Corporation (Japan)
Saint-Gobain (France)
AGC Inc.(Japan)
PPG Industries, Inc. (U.S.)
MST Rebar Inc. (Canada)
Nippon Sheet Glass Co., Ltd (Japan)
Guardian Industries (U.S.)
SGL Carbon (Germany)
The fiber reinforced polymer market is analysed and market size insights and trends are provided by country, product and application as referenced above.
The countries covered in the fiber reinforced polymer market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Table of Content
Chapter 2: Global Fiber Reinforced Polymer Market
Chapter 3: Regional analysis of the Global Fiber Reinforced Polymer Market industry
Chapter 4: Fiber Reinforced Polymer Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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