Global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite Market Size, Competition Landscape and Supply Chain Research Report 2025

Research Summary

Glass Fiber Reinforced Thermoplastic (GFRTP) composite is a material made by reinforcing a thermoplastic polymer matrix with glass fibers. Unlike traditional thermosetting composites, which undergo a permanent curing process, thermoplastics can be melted and reprocessed multiple times without degrading their properties. The addition of glass fibers enhances the strength, stiffness, and impact resistance of the thermoplastic, creating a versatile and lightweight composite material. GFRTP composites find applications in various industries, including automotive, aerospace, and consumer goods, where their specific properties, such as high strength-to-weight ratio and recyclability, are advantageous. These composites are used for manufacturing components like automotive body panels, structural elements, and consumer products due to their ability to offer a balance of mechanical performance, design flexibility, and ease of processing.

According to WENKH research statistics, the global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market sales revenue reached  Million USD in 2024 and is expected to reach  Million USD by 2032, with a compound annual growth rate (CAGR) of  % from 2025 to 2032. Among them, the Asia-Pacific Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market has experienced rapid changes in recent years, reaching  Million USD in 2024, accounting for approximately  % of the global market share. It is projected to reach  Million USD by 2032.

The global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market is highly competitive, with key market players including BASF, Lanxess, DSM, SABIC, PolyOne, DuPont, Solvay, Hexion, Celanese, RTP, SI Group, Sumitomo Bakelite, Daicel, Evonik, Kolon, Denka, Mitsui Chemical, Prime Polymer, Japan Polypropylene Corporation, Quadrant Group, Xiamen LFT Composite Plastic, etc. This report categorizes the competitive landscape of the global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market into three tiers based on annual revenue, with the top three market players holding approximately  % of the total market share.

This report provides an in-depth analysis of the global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market, including market size, capacity and production, price trends, market status and future development prospects. It particularly focuses on the market share, product characteristics, pricing, revenue, sales volume and gross profit margin of major manufacturers in the global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite industry. Additionally, this report provides an in-depth analysis of the market status and future development trends of different segments of Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite and their downstream application fields.

In terms of data coverage, this report includes extensive time-series data. Historical data spans from 2020 to 2024, providing a solid foundation for analyzing market development trends. The year 2025 is used as a base year to accurately assess the current market landscape, while forecast data extends from 2026 to 2032, using scientific analysis methods and models to offer forward-looking projections and insights into the market's future trajectory. This provides valuable reference information for industry participants and stakeholders.

The report covers regions and countries including North America, Europe, China, Asia Pacific (excluding China), Latin America, the Middle East, and Africa. It particularly focuses on the revenue and sales volume of Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite in these regions and countries, as well as the market share of key market players in each region. The report provides an in-depth analysis of the regional distribution and future development trends of the Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market. By considering local policies, this report evaluates the market prospects of Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite in each region and country, aiming to help companies gain a comprehensive understanding of the industry characteristics and development potential in different regions, optimize regional business layout, and develop precise market strategies to achieve global development goals.

This report places significant emphasis on data quality and reliability, leveraging a wide range of data sources to ensure accuracy and validity. Primary data collection is conducted through multiple channels, including in-depth interviews with senior corporate executives, industry experts, supply chain participants, and end consumers. This helps to gain insights into corporate strategic planning, industry policies, supply chain dynamics, and user experiences. Secondary data sources cover an extensive range, including authoritative government statistics, customs databases, industry related reports, third-party paid databases, investment research reports, academic studies, corporate financial statements, real-time media updates, and information from international organizations, all of which serve as a solid foundation for data verification and analysis.

Companies Covered

BASF

Lanxess

DSM

SABIC

PolyOne

DuPont

Solvay

Hexion

Celanese

RTP

SI Group

Sumitomo Bakelite

Daicel

Evonik

Kolon

Denka

Mitsui Chemical

Prime Polymer

Japan Polypropylene Corporation

Quadrant Group

Xiamen LFT Composite Plastic

Product Segment

Roving Glass Fibers

Chopped Glass Fibers

Yarn Glass Fibers

Others

Product Application

Transport

Electro and Electronics

Construction

Sport and Leisure

Others

Chapter Scope

Chapter 1: Product Statistical Scope, Product Segmentation Types and Downstream Applications, Overall Market Size, Current Status and Development Prospects

Chapter 2: Global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite Industry Chain Analysis

Chapter 3: Global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite Industry Environment Analysis and Porter's Five Forces Analysis

Chapter 4: Global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite Market Capacity and Production Analysis

Chapter 5: Analysis of the Competitive Landscape of Major Companies in the Global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite Market (Market Share, Product Revenue and Sales Volume Comparison, Tier Division, Corporate Expansion and M&A Trends)

Chapter 6: Analysis of Global Major Companies (Company Profiles, Product Features and Product Segment, Product Revenue, Product Sales Volume, Product Average Price, Product Gross Profit Margin and Geographical Sales Share)

Chapter 7: Global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite Product Segment, Downstream Application and Major Regional Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 8: North America Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 9: Europe Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 10: China Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 11: Asia Pacific (excluding China) Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 12: Latin America Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 13: Middle East and Africa Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 14: Research Conclusion

Chapter 15: Methodology and Data Source

Purpose and Value of the Report

Market Trend Insights: Analyze industry trends, market dynamics, and future growth potential to help companies forecast changes and develop strategic plans.

Competitive Landscape Analysis: Understand key players' revenue segmentation, strategies, market share, and business models to guide competitive decisions.

Investment Decision Support: Provide feasibility analysis through market size, growth rate, demand trends, and potential risks for informed investment decisions.

Target Customer and Demand Analysis: Examine consumer behavior, purchasing preferences, and pain points to optimize products and improve market penetration.

Policy and Regulatory Insights: Interpret relevant industry policies to ensure compliance and mitigate regulatory risks.

Business Model Optimization: Offer data-driven suggestions for enhancing business models and improving profitability.