Worldwide FRP Panels and Sheets Market 2020 by Resin Type (Thermoplastic & Thermoset)

The FRP panels &sheets market size is estimated to grow from USD 1.61 billion in 2015 to USD 2.24 billion by 2020, at a projected CAGR of 6.74% between 2015 and 2020. The FRP panels &sheets market is mainly driven by the need for making fuel efficient vehicles to decrease CO2 and greenhouse gases emission. The use of FRP panels & sheets enables manufacturing of lightweight vehicles.

Complete report on global FRP Panels & Sheets market spread across 122 pages, profiling 10 companies and supported with 72 tables and 38 figures is now available at .

“Construction application to witness maximum traction during forecast period”

The construction application segment is estimated to contribute the largest market share during the forecast period. Furthermore, due to increase in end users, this application is expected to gain traction and grow at the highest CAGR during the forecast period. The FRP panels &sheets market is also projected to witness growth in the transportation application segment during the forecast period because of the high demand for FRP panels in the transportation industry.

“North America to be the fastest growing region during the forecast period”

The FRP panels & sheets market in North America is driven by the growth in aerospace and construction industries. This is due to the penetration of FRP panels & sheets in the construction and aerospace industries. The corrosion resistance properties of FRP panels increase the life span of constructions and aerospace components.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people in the FRP panels & sheets market.

  • By company type: Tier 1 (50%), Tier 2 (37%) and Tier 3 (13%).
  • By designation: C-level (46%), Director Level (33%) and other executives (21%).
  • By region: North America (34%), Europe (31%), APAC (23%), and RoW (12%).

This is a premium research report priced at US $4650 for a single user PDF, a discount on “FRP Panels & Sheets Market by Fiber Type (Glass Fiber & Other Fibers), by Resin Type (Thermoplastic & Thermoset), by Application (Construction, Transportation, Aerospace, and Others) & by Region - Trends & Forecast to 2020” can be requested at .

The report will provide the market leaders/new entrants in this market in the following ways:

  • This report segments the FRP panels &sheets market comprehensively and provides the closest approximations of the market size for the overall market and the subsegments across different verticals and regions.
  • The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
  • This report will help stakeholders to better understand the competitor and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, mergers &acquisitions.

On a related note, another research titled Thermally Conductive Plastics Market Global Forecast to 2020, says the thermally conductive plastics market size is estimated to grow from USD 388.5 Million in 2015 to USD 757.4 Million by 2020, at a CAGR of 14.3%. Thermally conductive plastics are used in various end-use industries such as electrical & electronics, automotive, industrial, heathcare, aerospace, and others. In 2015, the electrical & electronics segment accounted for the largest market share among all the end-use industries, in terms of volume, followed by automotive, industrial, and healthcare. Among all the end-use industries, heathcare are estimated to grow register the highest CAGR between 2015 and 2020.

The key companies profiled in this market research report are BASF SE (Germany), Covestro (Bayer Material Science) (Germany), Saint Gobain SA (France) Toray Industries Inc. (Japan), Royal DSM N.V. (The Netherlands), HELLA KGaA Hueck & Co.(Germany), RTP Company (U.S.), Celanese Corporation (U.S.), Polyone Corporation (U.S.), Kaneka Corporation (Japan), and Mitsubishi Engineering-Plastics Corporation (Japan). research available at .

Explore more reports on Plastics market at .

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