Global Composites Market Will Continue to Grow Strongly But Remain Highly Competitive, According to a New Study on ASDReports

Friday 19 September 2014, Amsterdam

The brand new report, now available on ASDReports, Top 19 Glass Fibre Reinforced Plastic (GFRP) Composites Companies 2014: Leaders In Aerospace, Energy, Construction, Marine, Automotive & Sporting Goods analyses in detail the market share and competitive positioning of the leading 19 glass fibre composites companies operating within the $30.9bn global glass fibre market.

The author of the report commented that ‘The glass fibre composites market will experience growth in the near future across many sectors and industry applications. The glass fibre composites industry is a highly fragmented competitive sector resulting in many companies competing for market share. The glass fibre market is the largest of the three main composites markets and the report expects it to reach a value of $30.9bn in 2014.

Although glass fibre is ultimately not as strong and light as carbon fibre or as resilient as aramid fibre, glass fibre remains the most cost effective type of composite in low to mid value applications where cost is a significant factor such as in marine, windpower and construction usage.. Until competing composites such as carbon fibre and aramid fibre can be produced at much lower cost, glass fibre will remain the dominant composite material - in market value and volume terms”

The biggest players in the glass fibre composites market include Owens Corning, Asahi Fibreglass Company, and PPG. However these companies do not have a significantly bigger stake than other leading composite companies.

The 109 page report contains 69 tables, charts and graphs that add visual analysis in order to explain developing trends within the global glass fibre composites market. The new report provides annual revenues in terms of value (US$) and market share for the leading 19 glass fibre composites companies,

The report provides also profiles these 19 leading companies operating in the glass fibre composites market, and includes an interview with a top 20 composites manufacturer, Johns Manville, as well as DSM Composites Resin, providing expert insight alongside analysis.

The Top 19 Glass Fibre Reinforced Plastic (GFRP) Composites Companies 2014: Leaders In Aerospace, Energy, Construction, Marine, Automotive & Sporting Goods report will be of value to current and future potential investors into the composites industry and market, as well as companies and research centres who wish to broaden their knowledge of the composites market.