Fiber Reinforced Plastic (FRP) Market - Forecast (2021 - 2026)

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Fiber Reinforced Plastic (FRP) Market Market
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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• Fiber Reinforced Plastic (FRP) market size is
  forecast to reach 172.2 billion by 2026, after
  growing at a CAGR of 4.2 during 2021-2026. 
• Fiber Reinforced Plastic (FRP) composite is
  termed as a polymer that is reinforced with Fiber
  such as glass fiber, carbon fiber, aramid fiber,
  basalt fiber, and Others. 
• The major drivers for growth in this market are
  increasing demand for in the transportation,
  construction, and electrical and electronics
  industry owing to its properties like light
  weight, high strength, resistance to corrosion
  and others. 

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There has been an increase in Global warming and
CO2 emissions post lockdowns. 
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• Key Takeaways
• Asia Pacific dominates the Fiber Reinforced
  Plastic (FRP)Market owing to rapid increase in
  Automotive, Building and construction sector.
• Due to the COVID-19 pandemic, most of the
  countries have gone under temporary shutdown, due
  to which operations of Fiber Reinforced Plastic
  (FRP) related industries has been negatively
  affected, thus hampering the growth of the
  market. 

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• By Distribution Channel- Segment Analysis
• Thermoset held the largest share of 53 in the
  Fiber Reinforced Plastic (FRP) Market in 2020. A
  thermosetting resin, or thermoset, is a polymer
  which cures into a hard shape using curing method
  such as heat or radiation.
• The curing process is irreversible as it
  introduces a polymer network crosslinked by
  covalent chemical bonds.The most preferred
  thermosets are epoxy and polyester resin owing to
  their properties like high strength, low
  Shrinkage, excellent adhesion to various
  substrates, effective electrical insulation,
  chemical and solvent resistance, and low cost and
  low toxicity. 

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• Fiber Reinforced Plastic (FRP) Market   Industry
  Outlook 
• Strongwell Corporation
• Creative Pultrusions, Inc.
• Bedford Reinforced Plastics
• Fiberline Composites A/S
• Tribeni Fiber Pvt Ltd
• American Fiberglass Rebar

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Fiber Reinforced Plastic (FRP) Market -
Forecast(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Report/195
82/fiber-reinforced-plastic-frp-market.html
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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