Fiber Reinforced Plastic Panels and Sheets Market Expected to Experience Attractive Growth through 2025

The Fiber Reinforced Plastic Panels and Sheets research report published by Stratview Research, is an in-depth analysis of the latest developments, market size, future technologies, market drivers, upcoming challenges, with key company profiles. The research study provides market overview, opportunities in the market, sales and revenue by region and much more business intel.

This research analyses niche markets, potential threats, and competitive strategy in various segments based on the Fiber Reinforced Plastic Panels and Sheets Market competitive landscape and development model in various parts of the world. This research throws light on the business strategies of the key players that might help in the growth of other companies during the pandemic era.

Impact of COVID-19 on Fiber Reinforced Plastic Panels and Sheets Market
As the world grapples with one of its greatest health pandemic, the economic and social disruption has affected millions of enterprises. The revenues have gone down in the year 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition. Stratview Research throws light on in-depth insights related to rapid alterations in the key players in each industry, growth and decline due to COVID-19, etc. The researchers at Stratview Research are regularly connecting with the clients and other key players of almost all the industries, regarding the impact of COVID-19 on their businesses.

Key Players:

  • Brianza Plastica S.P.A.
  • Crane Composites Inc. (The Crane Company)
  • Collins Aerospace Systems (UTC)
  • Euro-Composites Corporation
  • JAMCO Corporation
  • LAMILUX Heinrich Strunz Holding GmbH & Co. KG
  • Safran S.A.
  • Stabilit
  • The Gill Corporation
  • Toray Industries Inc.
  • Triumph Group, Inc.

Growth drivers and Market Value:
This report, from Stratview Research Fiber Reinforced Plastic Panels and Sheets Market value and growth drivers over the trend period of 2020-25. According to the report -

Fiber-reinforced plastic (FRP) is a composite material made up of polymer matrix reinforced with fiber. Common fibers used are glass fiber and carbon fiber. Resins can be either thermoset or thermoplastic, depending on the performance requirement such as flame retardancy, corrosion resistance, chemical resistance, and cost-effectiveness. Commonly used resins are polyester, epoxy, and vinyl ester. FRP panels & sheets are majorly used due to their lightweight, mold resistance, durability, high strength-to-weight ratio, easy to clean, high moisture resistance, chemical resistance, low maintenance, high impact resistance, and easy installation. FRP panels & sheets are majorly manufactured with glass fiber-reinforced polyester resins.

Segment Analysis:

By Fiber Type

Based on the fiber type the market is segmented into glass composite panels & sheets and carbon composite panels & sheets. Glass composite panels & sheets are expected to remain the larger segment, whereas carbon composite panels & sheets are likely to grow at a faster pace post-pandemic. Glass composites offer superior performances, such as corrosion resistance, heat resistance, easy maintenance, easy installation, sound insulation, and cost-effectiveness, as compared with conventional panels including aluminum. Carbon composite panels & sheets are preferred where weight reduction and high performance are required.

By Region

Despite being hit by the pandemic, among regions, North America is expected to remain the largest market during the forecast period. Post pandemic, the USA is expected to rebound quickly and will act as the growth engine of the region’s market. The country is marked by the presence of a large number of OEMs (transportation, RVs, aircraft, and marines), tier players, FRP panel & sheet suppliers, and raw material suppliers.

Competitive Analysis: Understanding your rivalry is critical to your success. This section includes an analysis of your key competitors, their products/services, their differentiators, and market shares, etc.

Target Market and Audience: Identifying and prioritizing specific target markets is another key part of any industry, where research is crucial. Stratview Research’s report will help you find more about the demographics and buying behaviours of your potential customers.

Key Considerations for Market Forecast:

  • Impact of lockdown, supply chain disruptions.
  • Pre and post-COVID-19 market estimates
  • Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

Impact of COVID-19 on the Global Market

The Fiber Reinforced Plastic Panels and Sheets report compiled by Stratview Research offers in-depth study of market opportunities and market impact that are stirred due to the COVID-19 pandemic. The detailed research report focuses upon the direct and indirect impact of COVID-19 with new product launches, M&As, supply chain overview, government regulations, strategies adopted by related market, etc.

Sneak peek into the Report:

The report provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • Market forecast analysis
  • Competitive landscape and dynamics: Market share, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends & Key success factors

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