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Jul 44 min read

GFRP Composites Market, Global Outlook and Forecast 2024-2030

The global GFRP Composites market was valued at US$ 32150 million in 2023 and is projected to reach US$ 40300 million by 2030, at a CAGR of 3.3% during the forecast period. 


Global key players of GFRP composites include BASF, Lanxess, DSM and Evonik. The top four players hold a share about 11%. In terms of product type, thermosetting plastic products is the largest segment, with a share about 55%. And in terms of application, transport is the largest application, with a share about 32 percent.


Glass fiber reinforced plastic (GFRP) composites refer to composite materials made of resin reinforced with glass fiber. GFRP composites is used for its high mechanical strength, light weight, corrosion and temperature resistant properties, thermal insulation, smooth internal surface, easy to form complex shapes, ease of repair and its cost effectiveness.


This report aims to provide a comprehensive presentation of the global market for GFRP Composites, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding GFRP Composites. This report contains market size and forecasts of GFRP Composites in global, including the following market information:


  • Global GFRP Composites Market Revenue, 2019-2024, 2025-2030, ($ millions)

  • Global GFRP Composites Market Sales, 2019-2024, 2025-2030, (K MT)

  • Global top five GFRP Composites companies in 2023 (%)


We has surveyed the GFRP Composites manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global GFRP Composites Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K MT)

Global GFRP Composites Market Segment Percentages, by Type, 2023 (%)


  • Thermosetting Plastic Products

  • Thermoplastic Plastic Products


Global GFRP Composites Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K MT)

Global GFRP Composites Market Segment Percentages, by Application, 2023 (%)


  • Transport

  • Electro & Electronics

  • Construction

  • Sport & Leisure

  • Others


Global GFRP Composites Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K MT)

Global GFRP Composites Market Segment Percentages, By Region and Country, 2023 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)


Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies GFRP Composites revenues in global market, 2019-2024 (Estimated), ($ millions)

  • Key companies GFRP Composites revenues share in global market, 2023 (%)

  • Key companies GFRP Composites sales in global market, 2019-2024 (Estimated), (K MT)

  • Key companies GFRP Composites sales share in global market, 2023 (%)


Further, the report presents profiles of competitors in the market, key players include:


  • BASF

  • Lanxess

  • DSM

  • SABIC

  • Avient

  • DuPont

  • Solvay

  • Celanese

  • RTP

  • Evonik

  • Daicel

  • Kolon

  • Denka

  • Kingfa


Outline of Major Chapters:

Chapter 1: Introduces the definition of GFRP Composites, market overview.

Chapter 2: Global GFRP Composites market size in revenue and volume.

Chapter 3: Detailed analysis of GFRP Composites manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of GFRP Composites in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global GFRP Composites capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports1.1 GFRP Composites Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global GFRP Composites Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global GFRP Composites Overall Market Size2.1 Global GFRP Composites Market Size: 2023 VS 20302.2 Global GFRP Composites Revenue, Prospects & Forecasts: 2019-20302.3 Global GFRP Composites Sales: 2019-20303 Company Landscape3.1 Top GFRP Composites Players in Global Market3.2 Top Global GFRP Composites Companies Ranked by Revenue3.3 Global GFRP Composites Revenue by Companies3.4 Global GFRP Composites Sales by Companies3.5 Global GFRP Composites Price by Manufacturer (2019-2024)3.6 Top 3 and Top 5 GFRP Composites Companies in Global Market, by Revenue in 20233.7 Global Manufacturers GFRP Composites Product Type3.8 Tier 1, Tier 2 and Tier 3 GFRP Composites Players in Global Market3.8.1 List of Global Tier 1 GFRP Composites Companies3.8.2 List of Global Tier 2 and Tier 3 GFRP Composites Companies4 Sights by Product4.1 Overview4.1.1 By Type - Global GFRP Composites Market Size Markets, 2023 & 20304.1.2 Thermosetting

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