According to a market report by Lucintel, the future of the global fiber reinforced polymer market looks promising with opportunities in the automotive, electronic, defense, energy, and construction markets. The global fiber reinforced polymer market is expected to grow with a CAGR of 6.9% from 2024 to 2031. The major drivers for this market are the increasing demand for lightweight composite materials, the rising adoption in construction for durability, and the growing use in automotive for performance enhancement.
A more
than 150-page report to understand trends, opportunity and forecast in global fiber
reinforced polymer market to 2031 by product (aramid, glass, carbon, basalt,
and others), resin type (polyester, vinyl ester, epoxy, and others), manufacturing
process (pultrusion, vacuum infusion, bladder moulding, compression moulding,
thermoplastic extrusion, filament winding, and others), application
(automotive, electronic, defence, energy, construction, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the product category, carbon is expected to witness the
highest growth over the forecast period.
Within the
application category, automotive is expected to witness the highest growth.
Download
sample by clicking on fiber
reinforced polymer market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
Mitsubishi
Chemical Corporation, BASF, Aegion Corporation, Toray Industries, Celanese
Corporation, Advanced Composites, SGL Carbon are the major suppliers in the global
fiber reinforced polymer 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
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