Glass Fiber Reinforced Plastic (GFRP) Composites Market Worth $45.12 Billion by 2019

(PRWEB) April 10, 2014

The report, “Glass Fiber & Glass Fiber Reinforced Plastic (GFRP) Composites Market By Raw Material, By Manufacturing Process, By Application (Transportation, Construction, Electrical & Electronics, & Others) & By Geography – Global Trends & Forecast to 2019”, defines and segments the global GFRP Composites market with an analysis and forecast by value and volume.

“Asia-Pacific and North America are the key markets for GFRP Composites”

The global GFRP Composites market is dominated by Asia-Pacific and North America accounting for 67% of the overall market in 2013. Within North America, U.S. will remain the largest consumer of GFRP Composites and this market is driven by transportation, construction & infrastructure, aerospace & defense, and wind energy sectors. Country wise, China is the top most consumer of GFRP Composites product globally and is also the largest supplier, growing at a higher CAGR than the global average till 2019. China and India have enormous potential and are the fastest growing markets for GFRP Composites in the Asia-Pacific as well as globally.The U.S. and European countries are leading in research and development of high performance glass fiber products to be used in transportation, aerospace & defense, and wind energy sectors. Member countries of EU; Germany, France, Italy, U.K., and Spain are the key markets in the European GFRP Composites market and constitute majority of the market size. The construction sector in the Middle East and North Africa (MENA) region will continue to be supported by government spending in Saudi Arabia, Qatar, and Abu Dhabi. This will drive the GFRP composites market in these regions.

“Transportation, Aerospace & Defense, and Construction & Infrastructure are the topmost segments by value in the GFRP Composites market”

While the transportation and aerospace & defense segments occupy topmost positions in the GFRP Composites market with 49% share by value in 2013; maximum growth is expected from wind energy and aerospace & defense in the near future. The light weight, strength and corrosion resistant properties of glass fiber drive its growth in transportation, construction& infrastructure, electrical & electronics, consumer goods, marine, aerospace& defense, and wind energy segments. The demand for Glass Fiber Reinforced Plastic (GFRP) Composites will increase in future with the growth of the emerging economies, further strengthening the market.

Source: http://www.digitaljournal.com/pr/1843403

Research and Markets: Global Specialty Synthetic Fibers & Glass Fiber Market 2014-2018: Para & Meta Aramids, UHMW Polyethylene, Carbon Fiber, POA, Glass Fiber & Others

April 3, 2014

DUBLIN — Research and Markets (http://www.researchandmarkets.com/research/84b2sf/specialty) has announced the addition of the “Specialty Synthetic Fibers & Glass Fiber Market by Types, Applications & Geography – Global Trend & Forecast to 2018” report to their offering.

The global market is projected to grow at a CAGR of 5.2% from 2013 to 2018.

Specialty synthetic fibers and glass fiber market is witnessing growth on an account of increasing demand for lightweight, safe, and advance materials to achieve fuel economy and reduce environment pollution. These products include para and meta aramids, UHMW polyethylene, carbon fiber, partially oxidized polyacrylonitrile fiber, and others including PBI fiber, PPS fiber, PBO fiber, liquid crystal polymer fibers, and so on. Specialty synthetic fibers such as UHMW polyethylene, carbon fiber, glass fiber are increasingly used in several industrial applications to improve performance as well as reduce maintenance cost.

Glass fiber dominates the specialty synthetic fibers and glass fiber market both in terms of volume and value. Asia-Pacific captures majority of shares in the glass fiber market owing to growing consumption of glass fibers in thriving economies such as China, India, etc. However, carbon fiber is growing at a rapid pace. Growing demand from aerospace & defense and wind energy industries across the globe is expected to continue driving demand for carbon fiber.

Major players of this market are DuPont (U.S.), Teijin Limited (Japan), Toray Industries Inc. (Japan), Toho Tenax (Japan), Royal DSM (The Netherlands), Honeywell International Inc. (U.S.), Owens Corning (U.S.), and Jushi Group (China). Most of the players relied on new product launches, acquisitions, and expansions. Growing demand for specialty synthetic fibers prompted most of the companies to launch innovative product. Many companies in this market are focusing on research activities to explore new applications to expand their market penetration.

The report analyzes the market on the basis of specialty synthetic fibers types and glass fiber, penetration of each type of specialty synthetic fiber in each major region and every application market. It also covers the market behavior of leading players, key developments, and strategies implemented by these market players to sustain and succeed in the market.

Scope of Report

Specialty Synthetic Fibers

  • Para aramids
  • Meta aramids
  • UHMW Polyethylene
  • Carbon Fiber
  • Partially Oxidized Polyacrylonitrile Fiber
  • Others including PPS Fiber, PBI, PBO, LCP Fiber
  • Glass Fiber

Applications

  • Safety Applications
  • Ballistic Protection
  • Friction Materials
  • Automotive
  • Aerospace & Defense
  • Pressure Vessels
  • Wind Energy
  • Commercial Marine
  • Sporting Goods
  • Construction
  • Electronics
  • Optical Fiber
  • Tire Reinforcement
  • Rubber Reinforcement
  • Medical
  • Industrial & Others, etc.

Key Topics Covered:

  1. Introduction
  2. Executive Summary
  3. Premium Insights
  4. Market Overview
  5. Global Aramid Market
  6. Global Uhmw Polyethylene Market
  7. Global Carbon Fiber Market
  8. Global Partially Oxidized Polyacrylonitrile Market
  9. Others Specialty Synthetic Fibers Market
  10. Global Glass Fiber Market
  11. Competitive Landscape
  12. Company Profiles
  • 3B Fiberglass
  • Agy Holding Corp
  • Cytec Industries Inc.
  • E. I. Du Pont De Nemours And Company
  • Honeywell International Inc
  • Jushi Group Co. Ltd
  • Mitsubishi Rayon Co., Ltd.
  • Owens Corning
  • Pbi Performance Products, Inc
  • Royal Dsm
  • Teijin Limited
  • Toho Tenax
  • Toray Industries Inc
  • Toyobo Co., Ltd
  • Zoltek Companies Inc

Source: http://www.heraldonline.com/2014/04/03/5834219/research-and-markets-global-specialty.html?sp=/100/773/385/

Quantum Polymers Introduces Extruded Carbon/Glass Fiber PEEK Stock Shape Products

Published on April 1, 2014 at 3:24 AM

Quantum Polymers today announced the availability of QuantaPEEK-GF30/CF30 extruded stock shape plastic rod products up to 8” in diameter, made with 30% carbon fiber and glass fiber filled PEEK resin compounds.

Large diameter carbon/glass fiber PEEK stock shape products from Quantum Polymers enable manufacturers in the oil and gas, CPI and semiconductor industries to quickly meet demanding requirements. (Photo: Business Wire)
These products work well for applications requiring a balance of chemical resistance and mechanical strength in high temperature environments like those frequently found in the Oil and Gas, Chemical Processing, and Semiconductor industries.

“We are proud to be a pioneer in introducing the largest size stock shapes in the industry”, said Kathleen Cerchio, Director of Sales at Quantum Polymers. “This first-time availability of 8” diameter rods in glass and carbon fiber filled PEEK demonstrates our culture of constant innovation and continuous improvement.”

Extruded stock shapes from Quantum Polymers are offered when close-tolerance machined parts are required. Quantum’s excellent quality is due to manufacturing equipment that has been optimized for the complexities of high performance polymer extrusion. Extruded rods, tubes and plates manufactured in their Newark, DE plant are porosity free, which is especially critical for uniformity in thick cross sections and flawless machining. Quantum’s proprietary annealing techniques result in machined parts with no residual stress.

“It is refreshing to see the approach that Quantum Polymers is taking in providing high quality and innovative high performance polymers in shapes previously unavailable to our market”, says Randy White, President and CEO of Piper Plastics Inc.

Quantum stocks a broad inventory of rod and plate, offers small minimum order processing, and has short lead times for items not in stock at time of purchase (usually 2-3 weeks).

Source: http://www.azom.com/news.aspx?newsID=40676