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  • FRP Panels and Sheets Market | Industry Analysis | 2016-21

    FRP Panels and Sheets Market | Industry Analysis | 2016-21

    FRP Panels and Sheets Market | Industry Analysis | 2016-21
    Report code - SRAM118 Delivery - 2 Weeks
    Global Fiber Reinforced Plastic (FRP) Panels and Sheets Market by Application Type (Recrea See more...
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    This report, from Stratview Research, studies the global fiber reinforced plastics (FRP) panels and sheets market over the period 2010 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    The Global Fiber Reinforced Plastics (FRP) Panels and Sheets Market: Highlights

    FRP panels and sheets accounted for less than 4% of the global panel market in 2015. It has overall low penetration in almost all of the applications across regions. Lightweight, excellent corrosion resistance, low manufacturing cost of FRP panel through continuous lamination process, good surface finish, and high strength to weight ratio of FRP panel, make it suitable for wide array of applications. It is one of the most promising panel type and is expected to grow faster than competing materials in coming years.  

    The global fiber reinforced plastics (FRP) panels and sheets market offers good growth opportunity and is likely to grow at 5.7% CAGR during the forecast period of 2016 to 2021. Increasing recreational vehicle production in the US and Europe and increasing penetration of FRP panels in recreation vehicle, building and construction, and truck and trailer are some of the growth drivers in the global FRP panels and sheets market.  

    Recreation vehicle is the major consumer of continuous FRP panels and sheets and is expected to remain the growth engine of the market during the forecast period. Increasing penetration of FRP panels and increasing production of recreation vehicles driven by rising disposable income, rising number of baby boomers, and gaining popularity of outdoor activities especially in the US and Europe are some of the factor driving the FRP panels and sheets market.  

    Glass fiber and polyester resins are the most widely preferred materials in the global FRP panels and sheets market and are expected to remain dominant reinforcement and matrix type, respectively, during the forecast period. Both materials provide the perfect blend of price-performance ratio to most of the applications including recreational vehicles, building & construction, and truck & trailers.  

    North America is expected to remain the largest FRP panels and sheets market during the forecast period due to increasing recreational vehicle and truck & trailer production and increasing demand of lightweight products with superior strength. US is the major contributor to the North American FRP panels and sheets market. Most of the major FRP panels and sheets manufacturers have headquarters and key manufacturing locations in the US.      

    The supply chain of this market comprises raw material suppliers, machine suppliers, continuous FRP panel and sheet manufacturers, distributors, and original equipment manufacturers. The key raw materials suppliers are Owens Corning, Jushi, PPG Fiberglass, Ashland Inc., and Momentive and the key OEMs are Thor Industries, Forest River, Jayco, Grand Design, and Winnebago.  

    The key continuous FRP panel and sheet manufacturers are Crane composites, Lamilux, Glasteel and U.S. Liner. New product development using advanced materials, new application development and customer centric product development are the key strategies adopted by the key players to gain competitive edge in the market.

    Research Methodology

    Our reports offer high quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage more than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in the all four regions and industry experts are usually executed to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    The global fiber reinforced plastics (FRP) panels and sheets market is segmented into the following categories. 

    Global Fiber Reinforced Plastics (FRP) Panels and Sheet Market, By Application Type

    • Recreational Vehicle
    • Building and Construction
    • Truck and Trailer
    • Others

    Global Fiber Reinforced Plastics (FRP) Panels and Sheet Market, By Reinforcement Type

    • Glass Composites
    • Carbon Composites

    Global Fiber Reinforced Plastics (FRP) Panels and Sheet Market, By Matrix Type

    • Polyester Composites
    • Epoxy Composites
    • Others

    Global Fiber Reinforced Plastics (FRP) Panels and Sheet Market, By Matrix Type

    • North America (Country Analysis: USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, UK, Italy, and Rest of the Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of the Asia-Pacific)
    • Rest of the World (Country Analysis: Middle East and Latin America)

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3)
    • SWOT analysis of key players (up to 3)

    Regional Segmentation

    • Current market segmentation of any one of the regions by application type

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your enquiry at [email protected].