Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Key Emerging Trends in the Fiber Reinforced Polymer Composites Market
One of the main factors providing a boost to today's FRP market is that material science has seen many breakthrough discoveries. Furthermore, more and more people want lightweight materials which can stand up over time; at the same time this goes get linked in with sustainability from all sides across various industries either by coincidence or design. The automotive sector is adopting FRP composites extensively. These lightweight materials of the FRP also help fuel efficiency, which is an attractive quality to automobile makers faced with strict emissions standards. Use of FRP composite in vehicle components such as body panels and interior parts is increasing. Increasingly FRP composites are being applied to construction and infrastructure projects. The materials have excellent durability, corrosion resistance and structural performance. Examples are bridge parts, reinforcing bars and structural members in buildings. FRP composites contribute to the development of structures that are designed for long life and low maintenance. This is brought about by progress taking place in manufacturing processes. FRP production is becoming more and more efficient with the use of such technologies as automated fiber placement (AFP) or resin transfer molding (RTM). Improvements in the processing techniques are meanwhile saving money and making it easier to scale up production of FRP composites. The wind-energy market is a major force behind the need for FRP composites. These materials are widely used in the production of wind turbine blades. FRP composites' lightweight, durable character ensures the efficiency and long life of wind turbines. As the wind energy industry expands, so increases the need for state-of-the-art FRP materials. The corrosion resistance and lightweight properties of fiber-reinforced plastic composites make them ideal for marine applications. FRP materials offer both durability and performance advantages for boat hulls, decks, marine structure. But the marine industry is still experimenting with ways to use FRP composites to improve vessel designs. FRP composites are also increasing in use for the manufacture of sporting goods and recreational equipment. Coupled with the advantages of strength and lightness, FRP materials have been incorporated into all kinds of recreational equipment such as bicycles, golf clubs, kayaks or fishing rods. In the FRP market, one noticeable trend is that of hybrid composites. In hybrid structures, various combinations of FRP materials with steel or ceramics are used to attain outstanding performance characteristics. These custom-designed materials provide hybrid composites tailored to application needs. The FRP composites industry is also witnessing the rising prominence of customization and tailored material solutions. In order to meet end-users 'specific performance requirements, such as strength, flexibility and thermal properties makers are working closely with customers. This trend meets the diverse needs of industries with individual application requirements. High-performance applications are beginning to use continuous fiber reinforcement. Continuous fibre, such as carbon and glass fibres have excellent strength and stiffness. These reinforced FRP composites are used in high end applications such as aerospace components and premium automobile parts. The FRP composites market is being spurred by activities in the area of research and development. These are the kinds of projects currently being undertaken to improve material properties, optimize manufacturing processes and produce new applications for FRP composites. This collaboration between industry players and research institutions makes for continuous progress in the field. Covered Aspects:| Report Attribute/Metric | Details |
|---|---|
| Market Opportunities | High demand for GFRP composite pipes in the emerging economies |
| Market Dynamics | The growing demand for corrosion-free concrete reinforcing materials in various end-use applications and Carbon Fiber Reinforced Plastic CFRP in aerospace and defense |
Fiber Reinforced Polymer Composites Market Highlights:
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
