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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

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Date: 07-Dec-2015
No. of pages: 122
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“Increasing demand for corrosion resistant, lightweight, and high strength materials driving the FRP panels &sheets market”

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.

“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%).


The various key players profiled in the report are as follows:


  • Crane Composites (U.S)

  • Glasteel (U.S)

  • Polser FRP Panels Inc. (Turkey)

  • Panolam Industries International Inc. (U.S)

  • Fibrosan (Turkey)

  • Strongwell Corporation (U.S)

  • Enduro Composites (U.S)

  • Nudo (U.S)

  • Lamilux Heinrich Strunz Group (Germany)

  • Fibertech Industries (U.S)


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.

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

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Market
1.3.1 Markets Covered
1.3.2 Years Considered in the Report
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.3.1 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 FRP Panel & Sheets Market Size (Value), By 2020
4.2 FRP Panels & Sheets Market, By Resins
4.3 FRP Panels & Sheets – Construction Segment Accounts for the Largest Market Share
4.4 FRP Panels & Sheets Market Attractiveness, By Country
4.5 Application Industry Growth Matrix
4.6 FRP Panels & Sheets Market, Developing vs Developed Countries
4.7 Life Cycle Analysis, By Region

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 FRP Panels & Sheets Market, By Resin Type
5.2.2 FRP Panels & Sheets Market, By Fiber Type
5.2.3 FRP Panels & Sheets Market, By Application
5.3 Market Dynamics
5.3.1 Drivers
5.3.2 Rising Demand for Anti-Corrosive Panels
5.3.2.1 Increasing Demand for Light-Weight Components
5.3.2.2 Increasing Demand for Fuel-Efficient Vehicles
5.3.3 Restraints
5.3.4 Recycling-Related Issues
5.3.4.1 High Cost of Raw Materials
5.3.5 Opportunities
5.3.5.1 Growing Demand for FRP Panels From Construction Industry
5.3.5.2 Increasing Demand From Emerging Economies
5.3.6 Challenges
5.3.7 Reducing Cost of Production

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Raw Material Analysis
6.3.1 Glass Fiber
6.3.2 Carbon Fiber
6.3.3 Resins
6.3.4 Core Material
6.4 Porter’s Five Forces Analysis
6.4.1 Threat of New Entrants
6.4.2 Threat of Substitutes
6.4.3 Bargaining Power of Suppliers
6.4.4 Bargaining Power of Buyers
6.4.5 Intensity of Competitive Rivalry

7 FRP Panels & Sheets Market, By Fiber Type
7.1 Introduction
7.2 Glass Fiber
7.3 Other Fibers

8 FRP Panels & Sheets Market, By Resin Type
8.1 Introduction
8.2 Thermoset
8.3 Thermoplastic

9 FRP Panels & Sheets Market, By Application
9.1 Introduction
9.2 Construction
9.3 Aerospace
9.4 Transportation
9.5 Other Applications

10 FRP Panels & Sheets Market, By Region
10.1 Introduction
10.2 Asia-Pacific
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 Rest of Asia-Pacific
10.3 Europe
10.3.1 Germany
10.3.2 France
10.3.3 U.K.
10.3.4 Italy
10.3.5 Rest of Europe
10.4 North America
10.4.1 U.S.
10.4.2 Canada
10.4.3 Mexico
10.5 RoW
10.5.1 Brazil
10.5.2 South Africa
10.5.3 Rest of RoW

11 Competitive Landscape
11.1 Overview
11.2 Competitive Situations and Trends
11.3 New Product Launches
11.4 Partnerships, Agreements, Joint Ventures, and Collaborations
11.5 Acquisitions
11.6 Expansions

12 Company Profiles
(Overview, Products & Services, Strategies & Insights, Developments and MnM View)*
12.1 Introduction
12.2 Crane Composites
12.3 Glasteel
12.4 Polser FRP Panels Inc.
12.5 Panolam Industries International, Inc.
12.6 Fibrosan
12.7 Lamilux Heinrich Strunz Group
12.8 Strongwell Corporation
12.9 Enduro Composites
12.10 Fiber-Tech Industries, Inc.
12.11 Nudo Products, Inc.

*Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights From Industry Experts
13.2 Discussion Guide
13.3 Introducing RT: Real Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports

List of Tables

Table 1 FRP Panels & Sheets Market Size, 2013-2020
Table 2 EU: Co2 Emissions From New Passenger Vehicles, By Manufacturer, Corresponding to 2015 and 2020 Targets (G/Km)
Table 3 Impact Analysis of Drivers
Table 4 Impact Analysis of Restraints
Table 5 Impact Analysis of Opportunities
Table 6 Impact Analysis of Challenges
Table 7 FRP Panels & Sheets Market Size, By Fiber Type, 2013–2020 (USD Million)
Table 8 FRP Panels & Sheets Market Size, By Fiber Type, 2013–2020 (Kiloton)
Table 9 FRP Panels & Sheets Market Size, By Resin Type, 2013–2020 (USD Million)
Table 10 FRP Panels & Sheets Market Size, By Resin Type, 2013–2020 (Kiloton)
Table 11 FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 12 FRP Panels & Sheets Market Size, By Application, 2013–2020 (Kiloton)
Table 13 FRP Panels & Sheets Market Size in Construction Application, By Region, 2013–2020 (USD Million)
Table 14 FRP Panels & Sheets Market Size in Construction Application, By Region, 2013–2020 (Kiloton)
Table 15 FRP Panels & Sheets Market Size in Aerospace Application, By Region, 2013–2020 (USD Million)
Table 16 FRP Panels & Sheets Market Size in Aerospace Application, By Region, 2013–2020 (Kiloton)
Table 17 FRP Panels & Sheets Market Size in Transportation Application, By Region, 2013–2020 (USD Million)
Table 18 FRP Panels & Sheets Market Size in Transportation Application, By Region, 2013–2020 (Kiloton)
Table 19 FRP Panels & Sheets Market Size in Other Applications, By Region, 2013–2020 (USD Million)
Table 20 FRP Panels & Sheets Market Size in Other Applications, By Region, 2013–2020 (Kiloton)
Table 21 FRP Panels & Sheets Market Size, By Region, 2013-2020 (Kiloton)
Table 22 FRP Panels & Sheets Market Size, By Region, 2013-2020 (USD Million)
Table 23 Asia-Pacific: FRP Panels & Sheets Market Size, By Country, 2013-2020 (Kiloton)
Table 24 Asia-Pacific: FRP Panels & Sheets Market Size, By Country, 2013–2020 (USD Million)
Table 25 Asia-Pacific: FRP Panels & Sheets Market Size, By Application, 2013-2020 (Kiloton)
Table 26 Asia-Pacific: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 27 China: FRP Panels & Sheets Market Size, By Application, 2013-2020 (Kiloton)
Table 28 China: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 29 India: FRP Panels & Sheets Market Size, By Application, 2013–2020 (Kiloton)
Table 30 India: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 31 Japan: FRP Panels & Sheets Market Size, By Application, 2013–2020 (Kiloton)
Table 32 Japan: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 33 Rest of Asia-Pacific: FRP Panels & Sheets Market Size, By Application, 2013–2020 (Kiloton)
Table 34 Rest of Asia-Pacific: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 35 Europe: FRP Panels & Sheets Market Size, By Country, 2013–2020 (Kiloton)
Table 36 Europe: FRP Panels & Sheets Market Size, By Country, 2013–2020 (USD Million)
Table 37 Europe: FRP Panels & Sheets Market Size, By Application, 2013-2020 (Kiloton)
Table 38 Europe: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 39 Germany: FRP Panels & Sheets Market Size, By Application, 2013–2020 (Kiloton)
Table 40 Germany: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 41 France: FRP Panels & Sheets Market Size, By Application, 2013–2020 (Kiloton)
Table 42 France: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 43 U.K.: FRP Panels & Sheets Market Size, By Application, 2013–2020 (Kiloton)
Table 44 U.K.: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 45 Italy: FRP Panels & Sheets Market Size, By Application, 2013–2020 (Kiloton)
Table 46 Italy: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 47 Rest of Europe: FRP Panels & Sheets Market Size, By Application, 2013–2020 (Kiloton)
Table 48 Rest of Europe: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 49 North America: FRP Panels & Sheets Market Size, By Country, 2013–2020 (Kiloton)
Table 50 North America: FRP Panels & Sheets Market Size, By Country, 2013–2020 (USD Million)
Table 51 North America: FRP Panels & Sheets Market Size, By Application, 2013-2020 (Kiloton)
Table 52 North America: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 53 U.S.: FRP Panels & Sheets Market Size, By Application, 2013–2020 (Kiloton)
Table 54 U.S.: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 55 Canada: FRP Panels & Sheets Market Size, By Application, 2013–2020 (Kiloton)
Table 56 Canada: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 57 Mexico: FRP Panels & Sheets Market Size, By Application, 2013–2020 (Kiloton)
Table 58 Mexico: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 59 RoW: FRP Panels & Sheets Market Size, By Country, 2013–2020 (Kiloton)
Table 60 RoW: FRP Panels & Sheets Market Size, By Country, 2013–2020 (USD Million)
Table 61 RoW: FRP Panels & Sheets Market Size, By Application, 2013-2020 (Kiloton)
Table 62 RoW: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 63 Brazil: FRP Panels & Sheets Market Size, By Application, 2013–2020 (Kiloton)
Table 64 Brazil: FRP Panels &Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 65 South Africa: FRP Panels & Sheets Market Size, By Application, 2013–2020 (Kiloton)
Table 66 South Africa: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 67 Rest of RoW: FRP Panels & Sheets Market Size, By Application, 2013–2020 (Kiloton)
Table 68 Rest of RoW: FRP Panels & Sheets Market Size, By Application, 2013–2020 (USD Million)
Table 69 New Product Launches, 2011–2015
Table 70 Partnerships, Agreements, Joint Ventures, and Collaborations, 2011–2015
Table 71 Acquisitions, 2011–2014
Table 72 Expansions, 2011–2015

List of Figures

Figure 1 FRP Panels & Sheets Market Segmentation
Figure 2 FRP Panels & Sheets Market: Research Design
Figure 3 Secondary Sources
Figure 4 Primary Sources
Figure 5 Key Industry Insights
Figure 6 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach
Figure 8 Market Size Estimation Methodology: Top-Down Approach
Figure 9 Data Triangulation Methodology
Figure 10 Assumptions for Research Study
Figure 11 Construction Application to Register the Highest CAGR in FRP Panels & Sheets Market
Figure 12 U.S. Accounted for the Largest Market Share in FRP Panels & Sheets Market, In2014
Figure 13 North America Dominated the FRP Panels & Sheets Market
Figure 14 Attractive Opportunities in the FRP Panels & Sheets Market
Figure 15 Thermoset Projected to Be the Highest Market Among the Resin Types, 2015–2020
Figure 16 North America is the Biggest Market for FRP Panels & Sheets, in Terms of Value, 2014
Figure 17 India Projected to Be the Fastest-Growing Market, 2015–2020
Figure 18 Construction Application Expected to Witness Highest Growth Rate Between 2015 and 2020
Figure 19 Developing Countries to Register Faster Growth Rate Than Developed Ones
Figure 20 Asia-Pacific Market is Projected to Experience Exponential Growth in the Near Future
Figure 21 Drivers, Restraints, Opportunities, and Challenges in FRP Panels & Sheets Market
Figure 22 Value Chain Analysis: Most Value is Added During Raw Material Phase
Figure 23 Raw Material Analysis: Carbon Fiber
Figure 24 Porter’s Five Forces: Intensity of Rivalry is High Due to Presence of Large Number of Players
Figure 25 Types of Fibers Used in FRP Panels & Sheets
Figure 26 Glass Fiber to Account for the Largest Share (Value) in FRP Panels & Sheets Market, 2015–2020
Figure 27 Construction Application Projected to Register the Highest CAGR, 2015–2020
Figure 28 Rising Demand for Low Weight Components Will Boost the Growth of Construction Application, 2015 vs 2020 (USD Million)
Figure 29 Demand for FRP Panels & Sheets in Aerospace Application, 2015 vs 2020, (USD Million)
Figure 30 Usage of FRP Panels & Sheets Estimated to Grow in the Near Future
Figure 31 Rising Demand for High Strength Panels to Propel Growth in Other Applications, 2015 vs 2020, (Kiloton)
Figure 32 Regional Snapshot–Rapid Growth Markets are Emerging as New Strategic Locations (2015–2020)
Figure 33 Asia-Pacific FRP Panels & Sheets Market Snapshot: China is the Most Lucrative Market
Figure 34 Germany Dominates the FRP Panels & Sheets Market in Europe (2015–2020)
Figure 35 U.S. is the Key Market for the FRP Panels & Sheets Market in North America
Figure 36 To Meet the Growing Demand of FRP Panels & Sheets, Leading Companies Increased Their Production Capacities, 2011–2015
Figure 37 Agreement and Partnerships: the Major Strategies Adopted By Leading Players Between 2011 and 2015
Figure 38 Crane Composites Inc.: SWOT Analysis

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