Global GF and GFRP Composites Market - Increased Demand for Lightweight Fiberglass Composites in Transportation Segment - Research and Markets

DUBLIN, September 22, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global GF and GFRP Composites Market 2016-2020" report to their offering.

The report forecast the global GF and GFRP composites market to grow at a CAGR of 7.18% during the period 2016-2020.

Advances in technology will be a key trend for market growth. With the imposition of stringent regulations and the intensifying competition, innovation has become a prime focus area for most manufacturers. Leading players ensure the best quality products at optimum costs and adopt the use of various technologies. For instance, Audi introduced suspension springs made of GFRP composites, which are corrosion resistant. Owens Corning introduced Performax SE4849 Type 30 Roving for LFRT polypropylene. The product is designed to provide resistance to noise and outstanding wet-out and dispersion. These benefits would enable compounders to run their lines up to 40% faster.

According to the report, one of the key drivers for market growth will be urbanization and infrastructure development. The construction industry is the prominent end user of composites. This is attributable to the design flexibility, corrosion resistance, durability, easy installation, weatherproofing, and lightweight properties of composites. In the construction industry, composites are used in walls, roofs, flooring, windows, doors, replacement of steel beams in buildings and bridges.

Further, the report states that , a broader use of composite materials and structures will require innovations in design, in-depth predictive modeling, robust characterization of material properties, performance validation, and process automation. Therefore, the challenge is to optimize the energy-intensive processes involved in the production of composites.

Key vendors:

• Asahi Glass
• China Beihai Fiberglass
• Jushi
• Nippon Electric Glass
• PPG
• Saint-Gobain

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product

PART 07: Market segmentation by manufacturing process

PART 08: Market segmentation by end-user

PART 09: Geographical segmentation

PART 10: Market drivers

PART 11: Impact of drivers

PART 12: Market challenges

PART 13: Impact of drivers and challenges

PART 14: Market trends

PART 15: Vendor landscape

For more information about this report visit http://www.researchandmarkets.com/research/76hcqh/global_gf_and

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