Glass Fiber Reinforced Plastic (GFRP) Composites Market Share

APAC Market Insights

The Asia Pacific in the GFRP composites market is anticipated to hold the highest share of 43.4% by the end of 2035. The market’s upliftment in the region is highly attributed to wind energy capacity additions, automotive light-weighting, and infrastructure corrosion mitigation for panels, pipes, and rebar. According to an article published by Carbon Brief Organization in January 2024, wind and solar capacity in the Association of Southeast Asian Nations (ASEAN) region has significantly increased by 20% as of 2023. This has resulted in bringing the overall total to over 28 GW. Besides, technologies currently make up to 9% of the electricity generating capacity, which is also fueling the market’s demand in the overall region. Moreover, combined with a massive hydropower base, the growth in solar and wind has led to the achievement of the renewable energy capacity target of 35% as of 2025.

Total Operating Wind and Solar Capacity (2023)

Source: Carbon Brief Organization

China in the GFRP composites market is significantly growing due to an increase in wind energy installations, automotive light-weighting, and the presence of large-scale infrastructure renewal for industrial, water, and bridge piping. As per an article published by the Global Energy Monitor Organization in July 2024, the country has readily cemented its position as one of the international leaders in renewables development, with 159 GW of wind power and 180 GW of utility-scale solar under construction. Besides, 339 GW of wind and utility-scale solar have successfully reached the construction stage, accounting for 1/3^rd of the overall proposed solar and wind capacity in the country. In addition, this has significantly surpassed the international construction rate of only 7%, which is positively impacting the market’s growth and expansion.

India in the GFRP composites market is also growing, owing to increased priority over lifecycle savings and corrosion resistance, along with the existence of strong infrastructure modernization, particularly for coastal works, bridges, metros, and water systems. As stated in an article published by the ITA in April 2023, the solid waste management industry in the country is projected to grow at 7.5%, which is readily driven by a surge in investments, a rise in waste management awareness, and increased urbanization. Besides, the country generates more than 62 million tons of waste every year, of which 43 million tons are collected, and 12 million tons are treated before disposal, while the remaining 31 million tons are simply discarded. Additionally, this waste comprises 0.1 million tons of biomedical waste, followed by 1.5 million tons of e-waste, 5.6 million tons of plastic waste, and 7.9 million tons of hazardous waste, all of which cater to the upliftment of the glass fiber reinforced plastic composites market.

Europe Market Insights

Europe in the GFRP composites market is expected to emerge as the fastest-growing region by the end of the forecast period. The market’s development in the region is highly propelled by corrosion-resilient infrastructure upgradation, light weighting in transport, as well as regional sustainability policies. According to an article published by the Transport Environment Organization in July 2025, almost 1.8 million battery electric vehicles (BEVs) have been produced in the region as of 2024. Based on this production, Germany is leading with 1.2 million (BEVs), which is followed by France with 330,000. However, as per the present regional regulation of car carbon dioxide policies, the compliance is projected to require 9.6 million by the end of 2030. Besides, standard electric car production plans in the region are also fueling the glass fiber reinforced plastic composites market’s demand.

Electric Vehicle Production Plans in Europe (2025)

Source: Transport Environment Organization

Germany in the glass fiber reinforced plastic (GFRP) composites market is gaining increased traction, owing to robust research and development ecosystems, industrial infrastructure upgrades, industrial modernization reforms, and safety frameworks. Besides, as stated in an article published by Clean Energy Wire Organization in December 2025, renewable energy sources readily cover almost 56% of the country’s gross electricity consumption as of 2025. Additionally, there has been an increase in the solar power output by 18.7%, along with onshore turbines with a capacity of 5.2 GW added to the country’s grid, which further marked a surge from 3.3 GW in the previous year. Besides, as per the February 2025 Clean Energy Wire Organization article, the country has set an objective to reduce emissions by nearly 65% by the end of 2030, as well as 88% by the end of 2040, which is also positively impacting the market’s upliftment.

Poland in the glass fiber reinforced plastic (GFRP) composites market is also developing due to the upscaling of localized manufacturing for utilities and construction, regional structural fund provisions, and infrastructure modernization. According to the 2025 PAIH Government report, there has been a significant step towards strengthening the country’s semiconductor industry through the National Framework for Supporting Strategic Semiconductor Investments project, which is proposed by the Ministry of Digital Affairs, providing a USD 1.5 billion budget. This particular project has outlined policies for investors to commence the production of semiconductor facilities, and to achieve suitable assistance, investors are recommended to invest almost PLN 850 million within a maximum of 20 years. In this regard, there is a huge opportunity for ensuring at least 100 new employment opportunities throughout the overall project duration, thereby denoting a huge growth opportunity for the market.

North America Market Insights

North America in the glass fiber reinforced plastic (GFRP) composites market is projected to witness considerable growth by the end of the stipulated timeline. The market’s growth in the region is highly driven by utility-scale energy projects, light-weighting in transportation, and corrosion-resistant infrastructure upgradation. According to a data report published by the IEA Organization in 2024, the U.S. has initiated an investment of USD 1.4 in clean energy as of 2023, with investors directing USD 1 for fossil fuels. Besides, there has been a recent clean energy investment, wherein the Bipartisan Infrastructure Investment and Jobs Act significantly allocated USD 550 billion for clean infrastructure and energy. In addition, the US Inflation Reduction Act (IRA) of 2022 offered approximately USD 370 billion for promoting energy security and overcoming climate change. Therefore, with this increased focus on clean energy, the market is poised to grow in the region.

The glass fiber reinforced plastic (GFRP) composites market in the U.S. is gaining increased exposure due to infrastructure resilience, energy transition, upscaling the chemical industry, and budget attribution. Additionally, as stated in a data report published by the CISA Government in 2023, the chemical sector in the U.S. accounts for approximately USD 486 billion, which is more than 25% of the country’s overall gross domestic product (GDP). Moreover, 96% of goods in the country are manufactured utilizing chemical sector products, and it is the second-largest chemical producer, denoting that 13% of the world’s chemicals are derived from the country. Besides, as per an article published by ACMANET Organization in October 2023, the composites sector is continuously growing since there has been an increase in the GDP, from USD 27.6 trillion as of August 2023 to USD 27.6 trillion in September, thus creating an optimistic outlook for the market’s growth.

The GFRP composites market in Canada is also growing, owing to infrastructure modernization, environmental and sustainability regulations, automotive light-weighting, innovation in defense and aerospace, and expansion in renewable energy. As per an article published by the Government of Canada in December 2024, the country successfully added 1,006 MW of installed capacity for wind energy as of 2022, for an overall 15,132 MW. In the same year, wind energy generated 35 TWh of electricity in the country. This readily accounted for 5.7% of total electricity generation, providing suitable electricity to power almost 3 million people. Therefore, there is a surge in the utilization of GFRP, particularly in structural supports and turbine blades, which is gradually uplifting the overall market in the country.