Fiber-Reinforced Plastics are composite materials that typically consist of strong fibers embedded in a resin matrix. The fibers provide strength and stiffness to the composite and generally carry most of the applied loads. The matrix acts to bond and protect the fibers and to provide for transfer of stress from fiber to fiber through shear stresses. The most common fibers are glass, carbon, and synthetic fibers. FRP composites have very high strength characteristics and are nonconductive, noncorrosive, and lightweight.
Market Analysis and Insights: Global Fiber Reinforced Plastics (FRP) Market
The global Fiber Reinforced Plastics (FRP) market was valued at US$ 35660 in 2020 and will reach US$ 41840 million by the end of 2027, growing at a CAGR of 2.7% during 2022-2027.
Global Fiber Reinforced Plastics (FRP) Scope and Market Size
The global Fiber Reinforced Plastics (FRP) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Fiber Reinforced Plastics (FRP) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Glass Fiber Type
Carbon Fiber Type
Aramid Fiber Type
Segment by Application
Electrical & Electronics
The Fiber Reinforced Plastics (FRP) market is analysed and market size information is provided by regions (countries). Segment by Application, the Fiber Reinforced Plastics (FRP) market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
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