DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Fiber Reinforced Polymer (FRP) Panels & Sheets Market - Global Forecasts to 2021" report to their offering.
The market size of continuous laminated FRP panels & sheets is projected to reach USD 1,084.7 million by 2021, registering a CAGR of 6.53% between 2016 and 2021.
The strong growth of the truck & trailers market, recovery of the recreational vehicles and the non-residential construction sector from economic recession of 2008-2009, and long life cycle and low maintenance cost of FRP panels & sheets are the major drivers fueling the growth of the global FRP panels & sheets market.
Recreational vehicles are temporary living quarters primarily developed for leisure activities such as vacations and camping. After the recovery from economic recession of 2008-2009, the shipment of recreational vehicles increased from 356.70 thousand units in 2014 to 374.10 thousand units 2015 owing to low fuel prices and interest rates, rising costs of airline fares, and increase in popularity of outdoor activities such as camping, tailgating, and sports events.
North America is the largest and fastest-growing market for FRP panels & sheets. The rising demand for high performance, lightweight, and fuel-efficient materials from the transportation and construction industries and increasing new product launches and other development strategies in the region lead to the growth of the FRP panels & sheets market in this region.
Companies Mentioned:
- Brianza Plastica SPA
- Crane Composites Inc.
- Dongguang Higoal FRP Corporation
- Glasteel Inc.
- Lamilux Heinrich Strunz Group
- Optiplan GmbH
- Panolam Surface Systems
- Polser Fiberglass Reinforced Plastics Inc.
- U.S. Liner Company (Uslco)
-
Vetroresina SPA
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Macro Economic Overview and Key Drivers
6 Market Overview
7 Industry Trends
8 FRP Panels & Sheets Market, By Application
9 FRP Panels & Sheets Market, By Region
10 Competitive Landscape
11 Company Profiles
12 Appendix
For more information visit http://www.researchandmarkets.com/research/fpsmvh/fiber_reinforced
