Fiber reinforced plastic (FRP), also known as fiber reinforced polymer, is in fact a composite material constituting a polymer matrix blended with certain reinforcing materials, such as fibers. The fibers are generally glass, carbon, aramid and so on.
North America and China are the major production markets for fiber-reinforced plastics (FRP), each accounting for 30% of the world, followed by Europe with about 25%.
BASF, DuPont, SABIC, Toray, Daicel, DSM, and Lanxess are the major manufacturers, with the top 5 accounting for about 25% of the total market.

Market Analysis and Insights: Global Fiber Reinforced Plastics (FRP) Market
In 2020, the global Fiber Reinforced Plastics (FRP) market size was US$ 34720 million and it is expected to reach US$ 41840 million by the end of 2027, with a CAGR of 2.7% during 2021-2027.
Global Fiber Reinforced Plastics (FRP) Scope and Market Size
Fiber Reinforced Plastics (FRP) market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Fiber Reinforced Plastics (FRP) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Fiber Reinforced Plastics (FRP) market is segmented into
Glass Fiber Type
Carbon Fiber Type
Aramid Fiber Type
Others

Segment by Application, the Fiber Reinforced Plastics (FRP) market is segmented into
Aerospace
Automotive
Electrical & Electronics
Construction
Others

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape and Fiber Reinforced Plastics (FRP) Market Share Analysis
Fiber Reinforced Plastics (FRP) market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Fiber Reinforced Plastics (FRP) product introduction, recent developments, Fiber Reinforced Plastics (FRP) sales by region, type, application and by sales channel.

The major companies include:
BASF
DuPont
Lanxess
DSM
SABIC
PolyOne
Hexion
Denka
Daicel
Evonik
Sumitomo Bakelite
Kingfa Science and Technology
Genius
Solvay
RTP
SI Group
Kolon
TenCate
Toray
Mitsubishi Rayon
Teijin
SGL
Hexcel