Automotive GFRP Market

Automotive GFRP Market - Global Forecast to 2017-2025

Report Code: UC 1873 Sep, 2020, by

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This study covers glass fiber reinforced plastic (GFRP) for automotive applications. GFRP is a type of fiber reinforced plastic where glass fiber used as a reinforced fiber. The market for GFRP is projected to rise owing to factors like weight reduction, improved fuel economy and emission reduction. The increasing sales of electric vehicles will have a huge impact in the automotive GFRP market owing to their applications in electric vehicles to reduce overall vehicle weight. The Asia Oceania market is estimated to be the dominant region in the automotive GFRP market owing to higher vehicle productions as compared to the other regions.

Years considered for this report:

  • 2016 - Base Year
  • 2017 - Estimated Year
  • 2019, 2022, 2025 - Forecast Period

Objectives of the Study:

  • To segment and forecast the GFRP market size, by value and volume, based on resin type, from 2017 to 2025.
  • To segment the market for GFRP and forecast the market size, by volume, based on applications, from 2017 to 2025.
  • To segment the market for GFRP and forecast the market size, by value and volume, based on electric vehicle type, from 2017 to 2025.
  • To segment the market for GFRP and forecast the market size, by value and volume, based on ICE vehicle type, from 2017 to 2025.
  • To segment and forecast the GFRP market size, by volume, based on region, from 2017 to 2025.
  • The research methodology used in the report involves various secondary sources including paid databases and directories. Experts from related industries and suppliers have been interviewed to understand the future trends of the GFRPs market. The bottom-up approach has been used to estimate the market size, by volume. The market size, by volume, is multiplied by the average OE price (AOP) of GFRP required for each application and the vehicle type to calculate the market size in terms of value. The summation of the country-wise market gives the regional market, and further summation of the regional market provides the global GFRP market. GFRP manufacturer associations such as the European Glass Fibre Producers Associations (EGFPA), Automotive Component Manufacturers Association of India (ACMA), among others.

The ecosystem of the GFRP market consists of manufacturers and Tier 1 suppliers such as Owens Corning (US), SGL Group (Germany), Solvay (Belgium), Toho Tenax (Japan), Nippon Sheet Glass (Japan), Mahindra CIE Automotive (India), Quantum Composites (US), Hexcel Corporation (US), 3B Fiberglass Company (Belgium),  TPI Composites (US).

Target Audience

  • GFRP suppliers
  • GFRP resin suppliers
  • Dealers and distributors of GFRP components and systems
  • Industry associations
  • Raw material suppliers
  • Automobile organizations/associations
  • Automotive original equipment manufacturers (OEM)

“The study answers several questions for the stakeholders, primarily which market segments to focus in the next two to five years (depends on a range of forecast period) for prioritizing their efforts and investments”

Scope of the Report

  1. Automotive GFRP Market, By Type, 2017-2025
    • Polyester
    • Vinyl ester
    • Epoxy
    • Others
  2. Automotive GFRP Market, By Applications, 2017-2025
    • Body panels, by region
    • Seat cover plates, by region
    • Bumpers, by region
    • Engine covers, by region
    • Suspension system, by region
    • Others, By Region
  3. Automotive GFRP Market, By Electric Vehicle Type, 2017-2025
    • BEV, by region
    • HEV, by region
    • PHEV, by region
  4. Automotive GFRP Market, By Vehicle Type, 2017-2025
    • Passenger car, by region
    • LCV, by region
    • HCV, by region
  5. Automotive GFRP Market, By Region, 2017-2025
    • Asia Oceania
    • Europe
    • North America
    • RoW

Table of Content

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

2 Research Methodology
    2.1 Research Data
    2.2 Secondary Data
    2.3 Primary Data
    2.4 Research Methodology 

3 Market Overview
    3.1 Introduction
    3.2 Market Dynamics
           3.2.1 Drivers
           3.2.2 Restraints
           3.2.3 Opportunities
           3.2.4 Challenges

4 Automotive Gfrp Market, By Type, 2017-2025
    4.1 Introduction
    4.2 Polyester 
    4.3 Vinyl Ester 
    4.4 Epoxy 
    4.5 Others 

5 Automotive Gfrp Market, By Applications, 2017-2025
    5.1 Introduction
    5.2 Body Panels, By Region
    5.3 Seat Cover Plates, By Region 
    5.4 Bumpers, By Region
    5.5 Engine Covers, By Region 
    5.6 Suspension System, By Region

6 Automotive Gfrp Market, By Electric Vehicle Type, 2017-2025
    6.1 Introduction
    6.2 HEV, By Region
    6.3 PHEV, By Region
    6.4 BEV, By Region

7 Automotive Gfrp Market, By Vehicle Type, 2017-2025
    7.1 Introduction
    7.2 Passenger Car, By Region
    7.3 LCV, By Region
    7.4 HCV, By Region

8  Automotive Gfrp Market, By Region, 2017-2025
    8.1 Introduction
    8.2 Asia Oceania
           8.2.1 China
           8.2.2 Japan
           8.2.3 India
           8.2.4 South Korea
    8.3 Europe
           8.3.1 Germany
           8.3.2 UK
           8.3.3 France
           8.3.4 Spain
    8.4 North America
           8.4.1 US
           8.4.2 Mexico
           8.4.3 Canada
    8.5 RoW
           8.5.1 Brazil
           8.5.2 Russia

9 Company Profiles
    9.1 Owens Corning
    9.2 SGl Group
    9.3 Solvay
    9.4 Toho Tenax 
    9.5 Nippon Sheet Glass
    9.6 Mahindra Cie Automotive
    9.7 Quantum Composites
    9.8 Hexcel Corporation
    9.9 3B Fiberglass Company
    9.10 TPI Composites

Note: Details on Company Overview, Revenue, Product Offerings and Recent Developments Might Not Be Captured in Case of Unlisted Companies.

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