Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composites refer to composite materials made of resin reinforced with glass fiber. GFRTP composites has the advantages of high mechanical strength, light weight, easy formation of complex shapes, good processability, recyclability and other advantages.
Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite can be classified into three types: Roving Glass Fibers, Chopped Glass Fibers and Yarn Glass Fibers. Survey results showed that Roving Glass Fibers of the Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market is 61.06%, Chopped Glass Fibers is 16.66%, 8.81% is Yarn Glass Fibers in 2017. With the development of economy, these industries will need GFRTP Composite. So, GFRTP Composite has a huge market potential in the future.

Market Analysis and Insights: Global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite Market
The global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market is valued at US$ 4526.3 million in 2019. The market size will reach US$ 9471.9 million by the end of 2026, growing at a CAGR of 11.0% during 2021-2026.

Global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite Scope and Segment
Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Roving Glass Fibers
Chopped Glass Fibers
Yarn Glass Fibers

Segment by Application
Transport
Electro & Electronics
Construction
Sport & Leisure
Others

By Company
BASF
Lanxess
DSM
SABIC
PolyOne
DuPont
Solvay
Hexion
Celanese
RTP
SI Group
Sumitomo Bakelite
Evonik
Daicel
Kolon
Denka
Mitsui Chemical
Prime Polymer
Japan Polypropylene Corporation
Quadrant Group
Xiamen LFT Composite Plastic

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E