Fiber Reinforced Polymer (FRP) Panels & Sheets Market by Application (Recreational Vehicles, Building & Construction, Truck & Trailers, and Others), and by Region - Global Forecasts to 2021

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Date: 20-Jul-2016
No. of pages: 124
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“Increasing demand for lightweight and high strength materials to drive the FRP panels & sheets market”

The market size of continuous laminated FRP panels & sheets is projected to reach USD 1,084.7 million by 2021, registering a CAGR of 6.53% between 2016 and 2021. The strong growth of the truck & trailers market, recovery of the recreational vehicles and the non-residential construction sector from economic recession of 2008–2009, and long life cycle and low maintenance cost of FRP panels & sheets are the major drivers fueling the growth of the global FRP panels & sheets market.

“Recreational vehicles: The fastest-growing application for the FRP panels & sheets market”

Recreational vehicles are temporary living quarters primarily developed for leisure activities such as vacations and camping. After the recovery from economic recession of 2008–2009, the shipment of recreational vehicles increased from 356.70 thousand units in 2014 to 374.10 thousand units 2015 owing to low fuel prices and interest rates, rising costs of airline fares, and increase in popularity of outdoor activities such as camping, tailgating, and sports events. Thus, the increasing demand for recreational vehicles plays a crucial role in driving the need for FRP panels & sheets. The use of composites in recreational vehicles not only reduces the overall weight of vehicles but also the post-sale maintenance costs, thereby increasing fuel efficiency, strength, and durability.

“North America: The fastest-growing market for FRP panels & sheets”

North America is the largest and fastest-growing market for FRP panels & sheets. The rising demand for high performance, lightweight, and fuel-efficient materials from the transportation and construction industries and increasing new product launches and other development strategies in the region lead to the growth of the FRP panels & sheets market in this region.

The U.S. dominated the FRP panels & sheets market in North America, accounting for more than half of the demand for FRP panels & sheets in the region. The increasing demand for recreational vehicles in 2015 and recovery of the non-residential construction sector in the country is driving the demand for FRP panels & sheets.

The market figures presented in this report has been validated through primary interviews conducted with various industry experts, globally. These primary sources have been divided in three categories:


  • By Company Type - Tier 1- 35%, Tier 2- 25%, and Tier 3-40%

  • By Designation - C Level- 30%, Director Level- 25%, and Others- 45%

  • By Region - North America- 35%, Europe- 30%, Asia-Pacific- 20%,and RoW (15%)


The report also provides company profiles and competitive strategies adopted by the major market players; the various key players profiled in the report are as follows:


  • Crane Composites, Inc. (U.S.)

  • Glasteel, Inc. (U.S.)

  • U.S. Liner Company (U.S.)

  • Brianza Plastica S.p.A. (Italy)

  • Optiplan GmbH (Germany)

  • Polser  Fiberglass Reinforced Plastics Ltd. (Turkey)

  • Panolam Surface Systems (U.S.)

  • LAMILUX Heinrich Strunz Group (Germany)

  • Vetroresina SPA (Italy)

  • Dongguang Higoal FRP Corporation (China)

  • C-Sco Sandwich Panel & Shelters Industry Co. Ltd. (China)

  • Everest Composites Pvt. Ltd. (India)

  • Yangzhou Wansheng Industrial Co. Ltd. (China)

  • Anlite Industrial (China)


Reasons to buy the Report

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


  • This report segments the FRP panels & sheets market comprehensively and provide the closest approximations of the revenue numbers for the overall market and the subsegments across different verticals and regions.

  • The report helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

  • This report will help stakeholders better understand their competitors and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product launches, partnerships expansions, and mergers & acquisitions.

Fiber Reinforced Polymer (FRP) Panels & Sheets Market by Application (Recreational Vehicles, Building & Construction, Truck & Trailers, and Others), and by Region - Global Forecasts to 2021

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Key Data From Primary Sources
2.3.2 Key Industry Insights
2.3.3 Breakdown of Primary Interviews
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Market Breakdown and Data Triangulation
2.6 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 FRP Panels & Sheets Market Size, 2016–2021 (USD Million)
4.2 FRP Panels & Sheets Market Growth, By Application
4.3 FRP Panels & Sheets Market Share: By Region and  By Application, 2015
4.4 FRP Panels & Sheets Market Share, By Country
4.5 FRP Panels & Sheets Market Size, By Country
4.6 FRP Panels & Sheets Market Size, By Application

5 Macro Economic Overview and Key Drivers
5.1 Introduction
5.2 Trends and Forecast of GDP
5.3 Trends and Forecast of Construction Industry and Its Impact on FRP Panels & Sheets Market
5.3.1 Trends and Forecast of Construction Industry in North America
5.3.1.1 Trends of Residential and Non-Residential Construction Industry in North America
5.3.2 Trends and Forecast of Construction Industry in Europe
5.3.2.1 Trends of Residential and Non-Residential Construction Industry in Europe
5.3.3 Trends and Forecast of Construction Industry in Asia-Pacific
5.3.4 Trends and Forecast of Construction Industry in RoW
5.4 Trends of Transporation Industry and Its Impact on the FRP Panels & Sheets Market

6 Market Overview
6.1 Introduction
6.2 Market Segmentation
6.2.1 FRP Panels & Sheets Market, By Application
6.3 Market Dynamics
6.3.1 Drivers
6.3.1.1 Strong Truck & Trailers Market is Driving the Demand for Composites in Transportation Industry
6.3.1.2 Recovery of Recreational Vehicles Industry After Recession
6.3.1.3 Long Life Cycle and Low Maintenance Cost of FRP Panels & Sheets
6.3.2 Opportunities
6.3.2.1 Recovery in U.S. Non-Residential Construction Sector and Increased Demand for Panels in Construction Industry
6.3.3 Restraints/Challenges
6.3.3.1 High Production Cost and Availability of Low Cost Substitutes
6.3.3.2 Issues Pertaining to Recycling

7 Industry Trends
7.1 Introduction
7.2 Porter’s Five Forces Analysis
7.2.1 Threat of New Entrants
7.2.2 Threat of Substitutes
7.2.3 Bargaining Power of Buyers
7.2.4 Bargaining Power of Suppliers
7.2.5 Intensity of Rivalry

8 FRP Panels & Sheets Market, By Application
8.1 Introduction
8.2 Recreational Vehicles
8.3 Building & Contruction
8.4 Truck & Trailers
8.5 Others

9 FRP Panels & Sheets Market, By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 U.K.
9.3.4 Italy
9.3.5 Rest of Europe
9.4 Asia-Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 Rest of Asia-Pacific
9.5 RoW
9.5.1 Brazil
9.5.2 South Africa
9.5.3 Rest of RoW

10 Competitive Landscape
10.1 Overview
10.2 Market Share Analysis
10.3 Competitive Situation and Trends
10.3.1 New Product Launches
10.3.2 Expansions
10.3.3 Partnerships
10.3.4 Mergers & Acquisitions

11 Company Profiles
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 Introduction
11.2 Crane Composites Inc.
11.3 Glasteel Inc.
11.4 U.S. Liner Company (Uslco)
11.5 Brianza Plastica SPA
11.6 Optiplan GmbH
11.7 Polser Fiberglass Reinforced Plastics Inc.
11.8 Panolam Surface Systems
11.9 Lamilux Heinrich Strunz Group
11.10 Vetroresina SPA
11.11 Dongguang Higoal FRP Corporation

*Details Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Insights From Industry Experts
12.2 Discussion Guide
12.3 Introducing RT: Real-Time Market Intelligence
12.4 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.5 Available Customizations
12.6 Related Reports

List of Tables

Table 1 FRP Panels & Sheets Market Size, 2014–2021
Table 2 Trends and Forecast of GDP, USD Billion (2015–2021)
Table 3 Contribution of Construction Industry to GDP in North America, USD Billion (2014–2021)
Table 4 Contribution of Construction Industry to GDP in Europe, USD Billion (2014–2021)
Table 5 Contribution of Construction Industry to GDP in Asia-Pacific, USD Billion (2014–2021)
Table 6 Contribution of Construction Industry to GDP in RoW, USD Billion (2014–2021)
Table 7 Global Automotive Production, Million Units (20112015)
Table 8 FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 9 FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 10 FRP Panels & Sheets Market Size in Recreational Vehicles Application, By Region, 2014–2021 (USD Million)
Table 11 FRP Panels & Sheets Market Size in Recreational Vehicles Application, By Region, 2014–2021 (Million Square Feet)
Table 12 FRP Panels & Sheets Market Size in Building & Cosntruction Application, By Region, 2014–2021 (USD Million)
Table 13 FRP Panels & Sheets Market Size in Building & Cosntruction Application, By Region, 2014–2021 (Million Square Feet)
Table 14 FRP Panels & Sheets Market Size in Truck & Trailers Application, By Region, 2014–2021 (USD Million)
Table 15 FRP Panels & Sheets Market Size in Truck & Trailers Application, By Region, 2014–2021 (Million Square Feet)
Table 16 FRP Panels & Sheets Market Size in Other Applications, By Region, 2014–2021 (USD Million)
Table 17 FRP Panels & Sheets Market Size in Other Applications, By Region, 2014–2021 (Million Square Feet)
Table 18 FRP Panels & Sheets Market Size, By Region, 2014–2021 (USD Million)
Table 19 FRP Panels & Sheets Market Size, By Region, 2014–2021 (Million Square Feet)
Table 20 North America: FRP Panels & Sheets Market Size, By Country, 2014–2021 (USD Million)
Table 21 North America: FRP Panels & Sheets Market Size, By Country, 2014–2021 (Million Square Feet)
Table 22 North America: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 23 North America: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 24 U.S.: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 25 U.S.: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 26 Canada: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 27 Canada: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 28 Mexico: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 29 Mexico: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 30 Europe: FRP Panels & Sheets Market Size, By Country, 2014–2021 (USD Million)
Table 31 Europe: FRP Panels & Sheets Market Size, By Country, 2014–2021 (Million Square Feet)
Table 32 Europe: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 33 Europe: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 34 Germany: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 35 Germany: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 36 France: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 37 France: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 38 U.K.: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 39 U.K.: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 40 Italy: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 41 Italy: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 42 Rest of Europe: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 43 Rest of Europe: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 44 Asia-Pacific: FRP Panels & Sheets Market Size, By Country, 2014–2021 (USD Million)
Table 45 Asia-Pacific: FRP Panels & Sheets Market Size, By Country, 2014–2021 (Million Square Feet)
Table 46 Asia-Pacific: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 47 Asia-Pacific: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 48 China: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 49 China: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 50 India: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 51 India: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 52 Japan: FRP Panels & Sheets Market Size, By Applciation, 2014–2021 (USD Million)
Table 53 Japan: FRP Panels & Sheets Market Size, By Applciation, 2014–2021 (Million Square Feet)
Table 54 Rest of Asia-Pacific: FRP Panels & Sheets Market Size, By Applciation, 2014–2021 (USD Million)
Table 55 Rest of Asia-Pacific: FRP Panels & Sheets Market Size, By Applciation, 2014–2021 (Million Square Feet)
Table 56 RoW: FRP Panels & Sheets Market Size, By Country, 2014–2021 (USD Million)
Table 57 RoW: FRP Panels & Sheets Market Size, By Country, 2014–2021 (Million Square Feet)
Table 58 RoW: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 59 RoW: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 60 Brazil: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 61 Brazil: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 62 South Africa: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 63 South Africa: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 64 Rest of RoW: FRP Panels & Sheets Market Size, By Application, 2014–2021 (USD Million)
Table 65 Rest of RoW: FRP Panels & Sheets Market Size, By Application, 2014–2021 (Million Square Feet)
Table 66 New Product Launches
Table 67 Expansions
Table 68 Partnership
Table 69 Mergers & Acquisitions

List of Figures

Figure 1 FRP Panels & Sheets: Market Segmentation
Figure 2 FRP Panels & Sheets Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Market Breakdown and Data Triangulation
Figure 6 Recrational Vehicles Application to Witness the Highest Growth in the FRP Panels & Sheets Market, 2016–2021
Figure 7 Canada to Be the Fastest-Growing Market for FRP Panels & Sheets
Figure 8 North America to Be the Fastest-Growing Market for FRP Panels & Sheets
Figure 9 Attractive Opportunities in the FRP Panels & Sheets Market
Figure 10 Recreational Vehicles to Be the Fastest-Growing Application in the FRP Panels & Sheets Market
Figure 11 North America Region and Recreational Vehicle Application Dominated the FRP Panels & Sheets Market
Figure 12 U.S. Accounts for the Largest Share in the FRP Panels & Sheets Market
Figure 13 U.S. is the Largest Market for FRP Panels & Sheets
Figure 14 Recreational Vehicles Application to Account for the Largest Market Size
Figure 15 Trends and Forecast of GDP, USD Billion (2016–2021)
Figure 16 Trends and Forecast of Construction Industry in North America, USD Billion, 2016 vs 2021
Figure 17 Trends and Forecast of Construction Industry in Europe, USD Billion, 2016 vs 2021
Figure 18 Trends and Forecast of Construction Industry in Asia-Pacific, USD Billion, 2016 vs 2021
Figure 19 Trends and Forecast of Construction Industry in ME&A, USD Billion, (2016 vs 2021)
Figure 20 Automotive Production in Key Countries, Million Units (2011 vs 2015)
Figure 21 Drivers, Restraints, Opportunities, and Challenges for the FRP Panels & Sheets Market
Figure 22 North American Trailer Output, 2011–2015
Figure 23 Recreational Vehicles Shipments From Manufacturers to Dealers, 2011–2015
Figure 24 Trend of Non-Residential Construction in U.S., 2011–2015
Figure 25 Porter’s Five Forces Analysis of the FRP Panels & Sheets Market
Figure 26 Recreational Vehicles to Be the Largest and Fastest-Growing Application in FRP Panels & Sheets Market
Figure 27 North America Dominated the Recreational Vehicles Application Segment in FRP Panels & Sheets Market
Figure 28 Europe Accounts for the Major Share in Truck & Trailers FRP Panels & Sheets Market
Figure 29 Canada to Drive the FRP Panels & Sheets Market, Followed By China, (2016–2021)
Figure 30 FRP Panels & Sheets Market Snapshot: U.S. is the Most Lucrative Market in North America
Figure 31 FRP Panels & Sheets Market Snapshot: Germany is the Fastest-Growing Market in Europe
Figure 32 China is the Key FRP Panels & Sheets Market in Asia-Pacific (2016–2021)
Figure 33 Truck & Trailers to Be the Fastest-Growing Application Segment for FRP Panels & Sheets in RoW
Figure 34 New Product Launches is the Most Preferred Growth Strategy Adopted By Major Players Between 2012 and 2016
Figure 35 Yearly Market Development Matrix: 2012, 2014, and 2015 Saw the Maximum Number of Developments, 2012–2016
Figure 36 FRP Panels & Sheets Market Share, By Key Players, 2015
Figure 37 Growth Strategies Adopted By Market Players in FRP Panels & Sheets Market, 2012–2016
Figure 38 Crane Composites Inc.: Business Overview
Figure 39 Crane Co.: SWOT Analysis

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