Glass Fiber Reinforced Plastic (GFRP) Composites Market Analysis

  • Report ID: 3829
  • Published Date: Dec 19, 2025
  • Report Format: PDF, PPT

GFRP Composites Market Segmentation:

Fiber Type Segment Analysis

The e-glass segment, which is part of the fiber type, is anticipated to hold the largest share of 70.7% in the GFRP composites market by the end of 2035. The segment’s upliftment is extremely propelled by its importance for offering insulation, light weight, and strength in composites, along with its versatility. In addition, it readily strengthens car parts and wind turbines and lowers energy bills, along with protecting interiors, thus making them indispensable for modernized renewable energy, automotive, and construction industries. According to an article published by NLM in February 2022, the mechanical property of glass fibers, with a tensile strength ranging between 2,415 MPa to 4,890 MPa, is significantly associated with a relatively low density, which is from 2.1 g/cm3 to 2.7 g/cm3. Additionally, this is combined with a low tensile strength, ranging from 27 MPa to 137 MPa, along with low density from 0.9 g/cm3 to 1.2 g/cm3, thereby bolstering the segment’s exposure.

Resin Type Segment Analysis

Based on the resin type segment, the polyester sub-segment in the GFRP composites market is expected to cater to the second-largest share during the forecast period. The sub-segment’s growth is highly driven by its cost-effectiveness, versatility, and widespread availability. In addition, polyester is extensively utilized in construction, automotive, marine, and industrial applications. Its popularity stems from a favorable balance of mechanical strength, corrosion resistance, and affordability compared to epoxy or vinyl ester resins. Polyester-based resins are particularly effective in open-mold processes such as hand lay-up and spray-up, making them suitable for high-volume production of panels, pipes, tanks, and reinforcement structures. The resin’s adaptability to various curing agents and fillers enhances design flexibility, while its chemical resistance supports applications in harsh environments like water treatment plants and chemical storage. Growth in polyester-based GFRP is further supported by infrastructure expansion in Asia-Pacific and Latin America, where cost-sensitive markets prioritize durable yet economical materials.

End use Industry Segment Analysis

By the end of the stipulated timeline, the construction and infrastructure segment, under the end use industry, is predicted to account for the third-largest share in the GFRP composites market. The segment’s development is effectively fueled by GFRP’s corrosion resistance, lightweight properties, and long lifecycle performance, making it an ideal substitute for steel in bridges, tunnels, water systems, and coastal structures. Reinforcement bars, also known as rebar, panels, pipes, and tanks, are widely deployed in infrastructure projects where durability and reduced maintenance costs are critical. Governments across North America, Europe, and the Asia-Pacific are increasingly specifying GFRP materials in public procurement contracts to enhance resilience against corrosion, particularly in aggressive environments such as marine and chemical exposure.

Our in-depth analysis of the GFRP composites market includes the following segments:

Segment

Subsegments

Fiber Type

  • E-glass
    • Polyester
    • Epoxy
    • Vinyl ester
    • Polyurethane
    • Thermoplastic
  • S-glass
  • AR-glass (alkali-resistant)

Resin Type

  • Polyester
  • Epoxy
  • Vinyl ester
  • Polyurethane
  • Thermoplastic

End use Industry

  • Construction & infrastructure
    • Rebar
    • Sheets & panels
    • Pipes & tanks
    • Profiles (channels, angles)
    • Gratings & decking
  • Automotive & transportation
  • Wind energy
  • Electrical & electronics
  • Aerospace & defense
  • Oil & gas / industrial

Product Form

  • Rebar
  • Sheets & panels
  • Pipes & tanks
  • Profiles (channels, angles)
  • Gratings & decking

Application

  • Structural reinforcement
    • Rebar
    • Profiles
  • Corrosion-resistant piping & storage
  • Body panels & interiors (auto)
  • Wind turbine blades
  • Electrical insulation & enclosures

Manufacturing Process

  • Pultrusion
  • Hand lay-up / spray-up
  • Compression moulding
  • Injection moulding
  • Resin transfer moulding (RTM)
  • Filament winding

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of glass fiber reinforced plastic composites is assessed at USD 6.13 billion.

The glass fiber reinforced plastic composites market size was valued at USD 5.6 billion in 2024 and is expected to reach USD 11.65 billion by 2037, expanding at around 5.8% CAGR during the forecast period i.e., between 2025-2037. The growing production of GFRP owing to augmenting glass fiber-reinforced plastic uses will drive the market growth.

Asia Pacific industry is likely to hold largest revenue share of 35% by 2037, backed by increasing consumption of FRP composites in several industries such as wind energy, construction, and electronics.

The major players in the market are Jushi Group, Owens Corning, PPG Industries, Inc., AGY Holding Corporation, Compagnie de Saint-Gobain S.A., Asahi Fiber Glass Co., Ltd., Nippon Sheet Glass Co., Ltd., Polycomp International Corporation, Chomarat Group, Nitto Boseki Co. Ltd.
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