Global Fiber Reinforced Composites (Frc) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Short Fiber-reinforced Composites and Long Fiber/Continuous Reinforced Composites.

By Fiber Type;

Glass, Carbon, Aramid and Others.

By End User;

Automotive, Building & Construction, Aerospace, Electrical & Electronics and Marine.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn134961932 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Fiber Reinforced Composites (Frc) Market (USD Million), 2021 - 2031

In the year 2024, the Global Fiber Reinforced Concrete (Frc) Market was valued at USD 141,590.76 million. The size of this market is expected to increase to USD 236,439.92 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.6%.

The Global Fiber Reinforced Composites (FRC) Market involves the production and application of composite materials that combine fibers and resins to achieve superior strength, durability, and performance. Fiber reinforced composites are engineered materials that consist of a matrix (resin) and reinforcing fibers, such as glass, carbon, or aramid, which enhance the mechanical properties of the material. These composites are used across various industries, including automotive, aerospace, construction, and sporting goods.

FRCs are known for their high strength-to-weight ratios, making them ideal for applications that require lightweight yet strong materials. This characteristic is particularly valuable in industries like aerospace and automotive, where reducing weight can lead to improved fuel efficiency and performance. Additionally, FRCs offer excellent resistance to corrosion, impact, and environmental degradation, contributing to their durability and longevity in demanding applications.

The market for fiber reinforced composites is driven by several factors, including the increasing demand for lightweight materials, advancements in manufacturing technologies, and the focus on sustainability. As industries seek to improve performance and reduce environmental impact, FRCs provide solutions that meet these needs. The growing adoption of FRCs in construction projects, automotive components, and aerospace applications highlights the material's versatility and importance in modern industrial applications.

In conclusion, the Global Fiber Reinforced Composites Market is centered around the development and application of composite materials that offer enhanced performance and durability. With a focus on lightweight, high-strength solutions and sustainability, the market is expected to grow as industries continue to adopt FRCs for various applications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Fiber Type
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Fiber Reinforced Composites (Frc) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Infrastructure Investments
        2. Enhanced Durability Requirements
        3. Cost-Effective Construction Solutions
        4. Growing Urbanization Trends
        5. Improved Material Performance
      2. Restraints
        1. High Initial Costs
        2. Complex Application Procedures
        3. Limited Awareness Levels
        4. Regulatory Challenges
        5. Supply Chain Constraints
      3. Opportunities
        1. Technological Advancements Integration
        2. Sustainable Building Practices
        3. Expanding Urban Infrastructure
        4. Innovative Material Developments
        5. Rising Construction Demands
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Fiber Reinforced Composites (Frc) Market, By Product, 2021 - 2031 (USD Million)
      1. Short Fiber-reinforced Composites
      2. Long Fiber/Continuous Reinforced Composites.
    2. Global Fiber Reinforced Composites (Frc) Market, By Fiber Type, 2021 - 2031 (USD Million)
      1. Glass
      2. Carbon
      3. Aramid
      4. Others.
    3. Global Fiber Reinforced Composites (Frc) Market, By End User,2021 - 2031 (USD Million)
      1. Automotive
      2. Building & Construction
      3. Aerospace
      4. Electrical & Electronics
      5. Marine.
    4. Global Fiber Reinforced Composites (Frc) Market, By Geography, 2023 - 2033 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Toray Industries, Inc.
      2. Owens Corning
      3. Teijin Limited
      4. Hexcel Corporation
      5. Mitsubishi Chemical Holdings Corporation
      6. SGL Carbon SE
      7. Cytec Solvay Group
      8. Plasan Carbon Composites
      9. Hyosung Corporation
      10. Gurit Holding AG
  7. Analyst Views
  8. Future Outlook of the Market