Lucintel Forecasts the Global Fibre Reinforced Polymer Market is expected to grow with a CAGR of 6.9% from 2025 to 2031

According to a market report by Lucintel, the future of the global fibre reinforced polymer market looks promising with opportunities in the automotive, electronic, defense, energy, and construction markets. The global fibre reinforced polymer market is expected to grow with a CAGR of 6.9% from 2025 to 2031. The major drivers for this market are the increasing demand for lightweight composite materials, the rising adoption in construction for durability, and the growing use in automotive for performance enhancement.

A more than 150-page report to understand trends, opportunity and forecast in fibre reinforced polymer market to 2031 by product (aramid, glass, carbon, basalt, and others), resin type (polyester, vinyl ester, epoxy, and others), manufacturing process (pultrusion, vacuum infusion, bladder moulding, compression moulding, thermoplastic extrusion, filament winding, and others), application (automotive, electronic, defence, energy, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the product category, carbon is expected to witness the highest growth over the forecast period.

Within the application category, automotive is expected to witness the highest growth.

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In terms of region, APAC is expected to witness the highest growth over the forecast period.

Mitsubishi Chemical Corporation, BASF, Aegion Corporation, Toray Industries, Celanese Corporation, Advanced Composites, SGL Carbon are the major suppliers in the fibre reinforced polymer market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056

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