Early applications majorly included making marine products such as speed boats, sail boats, and wave runners. Characterized by the properties of corrosion resistance, impact resistance, and durability, FRP composites are finding myriad applications today.  Owing to the amazing design flexibility that can be attained with FRP panels and sheets, they are being increasingly used for a wide spectrum of products ranging from making recreational equipment and high-rise buildings to components of commercial aircrafts.

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FRP composites are widely used in diverse end-use industries, including construction, automotive and transportation, recreational and marine, and aerospace. The market has evolved rapidly over the past few years with the expanding architectural applications that demand corrosive conditions, such as underground storage tanks. Rapid pace of urbanization has led to the soaring demand for composites in a large number of building and construction designs.

The report offers in-depth insight into the current market scenario, key drivers and restraints, emerging trends and opportunities, and market share and size of key segments. Technological advances in composite engineering expected to influence the competitive dynamics are analyzed in the report. The research study evaluates the key factors shaping the demand for FRP composites in various end-use industries. Recent developments in various developing and developed regions and product innovations brought by leading manufacturers are highlighted in the report. 

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