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As of now, it is difficult to state when the impact of the pandemic starts to fade away. However, it is predicted that the demand for FRP panels & sheets would stabilize in 2021. The impressive recovery is anticipated to begin from 2022, followed by subsequent healthy growth till 2025. An expected recovery in the GDP across regions, increasing construction activities, expected increase in commercial aircraft production, B737 MAX’s approval from FAA and other bodies, expected entries of COMAC and Irkut, and increasing outdoor participation will help the major industries to recover, which, in turn, assist the recovery of the FRP panels & sheets market.
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