Gf and Gfrp Composites Share, Size, Trends, Analysis and Forecasts to 2020

Technavio Announces the Publication of its Research Report Global GF and GFRP Composites Market 2016-2020

Technavio recognizes the following companies as the key players in the global GF and GFRP composites market: Asahi Glass, China Beihai Fiberglass, Jushi, Nippon Electric Glass, PPG, and Saint-Gobain.

Other Prominent Vendors in the market are: Binani Industries, Chongqing Polycomp International, Fiberex Technologies, Taishan Fiberglass, and Taiwan Glass Industry.

Browse full report with TOC@ https://marketreportscenter.com/reports/388406/global-gf-and-gfrp-composites-market-2016-2020

Commenting on the report, an analyst from Technavios team said: 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,...