Lucintel's latest market report analyzed that FRP panel provides attractive opportunities in building and construction, trucks and trailers, recreational vehicles, and others. The FRP panel market is expected to reach $1.4 billion by 2027 with a CAGR of 4.8%. In this market, polyester based composite is the largest segment by matrix, whereas building and construction is largest by end use. Carbon composites gaining popularity in the recreational vehicle market, and companies focusing on thermoplastic composites panel for the end use industries provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/frp-panel-market.aspx Based on matrix, the FRP panel market is segmented into polyester composites, epoxy composites and PP composites and others. The polyester based composites segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to its low cost and mostly used in applications, such as side wall panels, roof, and floors.
Browse in-depth TOC on “FRP Panel Market”
119 – Tables
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204 – Pages
The FRP Panel Market is marked by the presence of several big and small players. Some of the prominent players offering FRP panel include Crane Composites Inc., Lamilux Heinrich Strunz Holding GmbH & Co. KG, US Liner Company, Glasteel Inc., Fibrosan, Wabash National, Kalwall Corporation, Panolam Industries Inc., Fiber-Tech Indsutries Enaris S.A, Miyabi.
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