According to the recent study the global FRP Panel Market is projected to reach an estimated $2 billion by 2030 from $1 billion in 2023 at a CAGR of 4% from 2023 to 2030. Growth in this market is primarily driven by increasing residential and commercial construction activities and rising demand for durable, corrosion resistant, lightweight products in the construction and truck and trailer industries.
Browse 107 figures/charts
and 68 tables in this 205-page report to understand trends, opportunities and
forecast in global FRP panel market by end use industries (building and
construction, truck and trailer, recreational vehicles and others),
reinforcement (glass composites and carbon composites), matrix type (polyester
composites, epoxy composites and PP composites and others), resin group
(thermoset composites and thermoplastic composites), and region (North America,
Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that
building and construction will remain the largest end use segment and trucks
and trailers segment is expected to witness highest growth over the forecast
period.
Polyester composites
will remain the largest segment over the forecast period due to its low cost
and mostly used in applications, such as side wall panels, roof, and floors.
Epoxy composite is expected to witness highest growth over the forecast period.
Download sample by clicking on
FRP Panel Market.
North America is
expected to remain the largest market and due to the growing residential and
commercial construction industry and increasing production of recreational
vehicles and trucks & trailers. APAC is also expected to witness the
highest growth over the forecast period.
Verzatec, Lamilux
Heinrich Strunz, US Liner Company, Fibrosan, and Glasteel are the major
supplier in the FRP panel market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
Woven Fiberglass Dust Filter Bag Market
Medical Radiation Detection Market
No comments:
Post a Comment