DUBLIN, June 17, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Glass Fiber Reinforced Plastics (GFRP) Composites Market - By Material (Glass Fiber, Resins, Fillers); Manufacturing Process (Manual, Compression, Injection, Continues Process); Industry - Forecast 2016 - 2021." report to their offering.

Glass fibers are produced when glass is heated until it is molten, and is forced through superfine holes, creating thin glass filaments/fibers about 1/10th the size of a human hair. Glass fibers are available in different diameters according to their requirement. The products available in the glass fiber reinforced plastic composites have been incorporated in various applications for several decades because of their relatively low cost in comparison with traditional materials such as steel and aluminum and are easily available. Additionally, usage of glass fibers in place of metals offers certain structural advantages such as styling flexibility. GFRP Composites are lighter and flexible; therefore producing complex models with higher resistance and lower weight is easier.

The mechanical properties such as tensile, flexural, interlaminar shear strength, impact strength, notch sensitivity, and water absorption of jute-glass reinforced composites were studied and it was found that the mechanical properties are lower than those of plain GFRP and more than the jute fiber reinforced composites.

The wind energy, aerospace & defense, and pipe, tank & other corrosion resistant equipment are the fastest growing segments in the application market worldwide. The government funded infrastructure and construction projects in the developing countries drive the market. Also, the increasing wind energy installed capacity drives the GFRP Composites market at a fast rate. The light weight, strength, and corrosion resistant properties of glass fiber drive its growth in the aerospace & defense segment.

Owing to benefits such as light weight, high strength, as well as lower price, GFRP Composites are being used across industry verticals. However, transportation, construction & infrastructure, marine are key end use industries of the GFRP composites market.

Companies Mentioned:

• Advanced Glassfiber Yarns (Agy) Llc
• Saint-Gobain Vetrotex
• Taiwan Glass Ind Corp.
• Ppg Industries Inc.
• Changzhou Pengyu Frp Pressure Vessel Co., Ltd.
• Gradeall International Limited
• Binani 3b-The Fibreglass Company
• Jushi Group Co. Ltd.
• Nitto Boseki Co. Ltd.
• Delkom Group

Report Structure:

1. Market Overview

2. Executive Summary

3. GFRP Composites Market Landscape

4. GFRP Composites Market Forces

5. GFRP Composite Market-Strategic Analysis

6. GFRP Composites Market -By Materials

7. GFRP Composites Market -By Manufacturing Process

8. GFRP Composites Market -By Industry

9. GFRP Composites Market-By Geography

10. GFRP Composites Market Entropy

11. Company Profiles

For more information visit http://www.researchandmarkets.com/research/th9lw2/glass_fiber

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SOURCE Research and Markets