Owen Corning acquires Vliepa GmbH to expand its portfolio of lightweight materials and bring labor-efficient building solutions to the European market.
The Chomarat Group has developed a sewn unidirectional (UD) fiberglass reinforcement to facilitate mass production of leaf he springs for the automotive industry.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 3829
Published Date: Apr 03, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The growing production of GFRP owing to augmenting glass fiber-reinforced plastic uses is the major factor driving the growth of the market.
The market size of glass fiber reinforced plastic composites is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2023-2035.
The major players in the market are Jushi Group, Owens Corning, PPG Industries, Inc., AGY Holding Corporation, Compagnie de Saint-Gobain S.A, and Siemens Healthcare GmbH.
The epoxy resin segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.