Global Thermoplastic Glass Fiber Reinforced Plastics Market Report 2023-2029
According to the new market research report “Global Thermoplastic Glass Fiber Reinforced Plastics Market Report 2023-2029”, published by QYResearch, the global Thermoplastic Glass Fiber Reinforced Plastics market size is projected to reach USD 6.62 billion by 2029, at a CAGR of 4.9% during the forecast period.
Above data is based on report from QYResearch: Global Thermoplastic Glass Fiber Reinforced Plastics (firmenpresse) - Glass Fiber Reinforced Polymer (GFRP) is a lightweight, strong, stiff material mostly applied in heavy duty applications. GFRP based on thermoplastic resin offers the best of two worlds: metals and plastics.
Glass(fiber) Reinforced Plastic (GRP) is a composite material that consists of a polymer matrix and glass fibers. The polymer matrix is usually an epoxy, vinylester, or polyester thermosetting resin. The resin brings the environmental and chemical resistance to the product, is the binder for the fibers in the structural laminate and defines the form of a GRP part. The glass fibers add strength to the composite. They may be randomly arranged, or conveniently oriented. The most common type of glass fiber used for GRP is E-glass, which is alumino-borosilicate glass. E-CR-glass (Electrical/Chemical Resistance) is also commonly used in applications that require particularly high protection against acidic corrosion.
Glass Fiber Reinforced Polymer (GFRP) is a mostly applied in heavy duty applications. GFRP based on thermoplastic resin offers the best of two worlds: metals and plastics.
According to the new market research report “Global Thermoplastic Glass Fiber Reinforced Plastics Market Report 2023-2029”, published by QYResearch, the global Thermoplastic Glass Fiber Reinforced Plastics market size is projected to reach USD 6.62 billion by 2029, at a CAGR of 4.9% during the forecast period.
The global key manufacturers of Thermoplastic Glass Fiber Reinforced Plastics include BASF, DSM, Lanxess, SABIC, Avient, DuPont, Solvay, RTP Company, Celanese, Toray, etc. In 2022, the global top 10 players had a share approximately 68.0% in terms of revenue.
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