섬유 강화 폴리머(FRP) 복합재료 시장 : 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the fiber-Reinforced polymer composites market size is expected to increase from USD 79.07 billion in 2025 to USD 83.17 billion in 2026 and reach USD 107.16 billion by 2031, growing at a CAGR of 5.20% over 2026-2031.

This report is Segmented by Resin Type (Thermoset and Thermoplastic), Fiber Type (Glass Fiber-Reinforced Polymer (GFRP), Carbon Fiber-Reinforced Polymer (CFRP), and More), Reinforcement Form (Rovings, Prepreg, and More), End-User Industry (Transportation, Building and Construction, and More), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

Global Fiber-Reinforced Polymer (FRP) Composites Market Trends and Insights

Construction Spend Shifting to Corrosion-Free Rebar and Bridge Decks

United States, Japan, and Gulf agencies are increasingly specifying glass- and basalt-fiber rebar to prolong bridge life under chloride attack. In 2025, 42% of the 617,000 U.S. bridges were over 50 years old, and corrosion repairs cost USD 8.3 billion annually, giving GFRP retrofits a 35% life-cycle cost advantage. Japan mandated FRP rebar in coastal highways after 15 years of successful exposure testing along the Tokyo Bay Aqua-Line. Saudi Arabia's NEOM project adopted GFRP for 80% of concrete structures to avoid steel oxidation in 45°C ambient conditions. Pultruded bridge decks weigh 75% less than reinforced concrete, reduce foundations by up to 30%, and demonstrated a 40-year design life on West Virginia Route 2 in 2025.

Wind-Turbine Blade Length Exceeding 120 Meters Demanding Ultra-High-Strength GFRP

Turbine makers now deploy rotor diameters above 240 m, which push blade lengths past 120 m and require spar caps with tensile strength over 1,200 MPa. Vestas introduced a 15 MW turbine in 2024 featuring 115.5-m blades incorporating high-modulus glass fiber that cuts blade mass by 8 t per unit. China installed 75 GW of wind capacity in 2025, 60% offshore, and manufacturers shifted to low-void resin-transfer molding to withstand ten-million-cycle fatigue loads. Siemens Gamesa's thermoplastic RecyclableBlade enables 95% material recovery, aligning with the EU 2028 recycling rule.

Volatile Carbon-Fiber Prices Hurting Automotive Cost Targets

Export restrictions on Russian polyacrylonitrile raised precursor prices 18% in 2025, forcing OEMs to absorb USD 4-6 per-kg increases that jeopardize sub-USD 35,000 EV programs. Toyota replaced planned CFRP roof panels on the 2026 Prius with aluminum to protect margins. SGL Carbon and Toray fixed five-year offtake contracts at 12% above 2024 spot prices, transferring volatility upstream. Recycled fiber from ELG retains 90% strength at 40% below virgin cost but suits only non-structural parts. Hexcel shifted 30% of precursor output to a lower-cost U.S. site to blunt European energy spikes.

Other drivers and restraints analyzed in the detailed report include:

1. Lightweighting Mandates in EV Platforms Favoring Thermoplastic CFRP
2. Retrofitting of Aging Bridges in U.S., Japan, and EU With FRP Wraps
3. EU End-of-Life Recycling Gap Triggering Landfill Restrictions

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Thermoset held 71.06% of 2025 revenue, dominated by epoxy and polyester chemistries specified for corrosion resistance and low-cost open-mold processing. Epoxy captured high thermoset demand because its superior adhesion pairs with carbon fiber in aerospace prepregs. Polyester served in cost-driven marine and tank markets, while vinyl ester filled in highly corrosive chemical plants.

Thermoplastic will grow at 6.15% CAGR through 2031 as carmakers pivot to recyclable matrices. Polypropylene compounds reinforced with 40% glass fiber now form door-module carriers that cut weight 35% and mold in 90 seconds at annual volumes above 500,000 units. Polyamide 6 and 66 secure thermoplastic revenue for under-hood parts operating up to 150 °C. High-performance PEEK, though costly, expanded in aircraft seat structures that demand flame-smoke-toxicity compliance. Covestro's PolyLoop recovered 500 t of end-of-life PA6-CFRP in 2025 with 90% strength retention, proving a closed-loop route unavailable to thermosets. BMW combines thermoplastic skins with epoxy cores in battery covers for higher impact absorption while retaining stiffness, illustrating hybrid architectures that deepen fiber reinforced polymer composites market adoption.

Glass Fiber-Reinforced Polymer (GFRP) accounted for 91.18% of 2025 volume because its USD 2.50/kg cost and 2,400 MPa tensile strength satisfy construction, wind, and marine needs. China Jushi raised capacity to 3.2 million t in 2025, lowering glass fiber prices 8% and squeezing Western suppliers.

Carbon Fiber-Reinforced Polymer (CFRP) will expand at an 11.14% CAGR to 2031 as aerospace OEMs ramp composite airframes and premium EVs adopt structural battery enclosures. Boeing's 787 and Airbus A350 programs jointly consumed 3,000 t of fiber in 2025. Porsche's 2024 Taycan roof and bulkhead lowered center-of-gravity 12 mm, validating structural performance premiums. Standard-modulus grades delivered higher CFRP volume, while high-modulus variants served satellites and Formula 1 monocoques requiring more than 200 GPa stiffness-to-weight ratios. Basalt fiber is used for fire-resistant tunnel linings, retaining 85% strength at 600 °C.

Geography Analysis

Asia-Pacific dominated the fiber reinforced polymer composites market with a 45.22% share in 2025 and is projected to grow at 6.08% CAGR. China's 75 GW wind additions used 18 kg GFRP per kW and spurred 520,000 t of new glass-fiber capacity by regional leaders. India's USD 1.4 trillion National Infrastructure Pipeline allocates 12% to corrosion-resistant materials, translating to 180,000 t annual GFRP rebar demand by 2028. Japan now mandates FRP rebar in coastal highways after 15-year exposure trials proved zero degradation.

In North America, U.S. Bridge Investment Program earmarked USD 2.4 billion in 2025, with 18% for FRP wraps on 1,200 bridges. Boeing's South Carolina and Washington plants consumed 1,200 t CFRP for 787 and 777X programs in 2025. Ontario attracted USD 420 million composite capital as GM and Stellantis localized EV underbody parts.

In Europe, Germany installed 8.2 GW of wind capacity in 2025, 55% offshore, demanding blades above 100 m with hybrid carbon-glass spar caps. The EU Waste Framework Directive requires 25% recycled content in composites by 2028, triggering EUR 38 million pyrolysis investments by Owens Corning and Veolia. Airbus increased A350 output to nine per month, adding 1,800 t CFRP demand at Stade and Illescas.

South America captured demand as Brazil's wind fleet reached 28 GW with 85% located in high-capacity Northeast zones demanding 9,600 t GFRP blades in 2025. Middle East and Africa together held lower share yet promise growth in the near future. Saudi Arabia's NEOM calls for 140,000 t GFRP rebar through 2030. South Africa added 3.2 GW wind capacity in 2024-2025, with Siemens Gamesa supplying 115-m blades using 16 kg GFRP per kW.

1. AGY
2. China Jushi Co., Ltd.
3. Exel Composites
4. Gurit Services AG
5. Hexcel Corporation
6. Hitachi, Ltd.
7. Kineco Limited
8. Kordsa Teknik Tekstil Anonim Sirketi
9. KraussMaffei
10. Mitsubishi Chemical Carbon Fiber and Composites, Inc.
11. Nippon Electric Glass Co., Ltd.
12. Norplex Micarta
13. Olin Corporation
14. Owens Corning
15. Park Aerospace Corp.
16. SAERTEX GmbH & Co.KG
17. SGL Carbon
18. Solvay
19. Strongwell Corporation
20. TEIJIN LIMITED
21. TORAY INDUSTRIES, INC.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Construction Spend Shifting to Corrosion-Free Rebar and Bridge Decks
  • 4.2.2 Wind-Turbine Blade Length More than 120 M Demanding Ultra-High-Strength GFRP
  • 4.2.3 Lightweighting Mandates in EV Platforms Favouring Thermoplastic CFRP
  • 4.2.4 Retrofitting of Aging Bridges in US, Japan, and EU With FRP Wraps
  • 4.2.5 Modular Composite Rebar for 3-D-Printed Concrete Structures
• 4.3 Market Restraints
  • 4.3.1 Volatile Carbon-Fiber Prices Hurt Automotive Cost Targets
  • 4.3.2 Availability of Metal and Engineered-Wood Substitutes
  • 4.3.3 EU End-of-Life Recycling Gap Triggering Landfill Restrictions
• 4.4 Value Chain Analysis
• 4.5 Porter's Five Forces
  • 4.5.1 Bargaining Power of Suppliers
  • 4.5.2 Bargaining Power of Buyers
  • 4.5.3 Threat of New Entrants
  • 4.5.4 Threat of Substitutes
  • 4.5.5 Degree of Competition

5 Market Size and Growth Forecasts (Value)

• 5.1 By Resin Type
  • 5.1.1 Thermoset
  • 5.1.2 Thermoplastic
• 5.2 By Fiber Type
  • 5.2.1 Glass Fiber-Reinforced Polymer (GFRP)
  • 5.2.2 Carbon Fiber-Reinforced Polymer (CFRP)
  • 5.2.3 Aramid Fiber-Reinforced Polymer
  • 5.2.4 Basalt Fiber-Reinforced Polymer
  • 5.2.5 Other Fiber Types
• 5.3 By Reinforcement Form
  • 5.3.1 Rovings
  • 5.3.2 Woven Fabrics and Mats
  • 5.3.3 Chopped Strands
  • 5.3.4 Prepreg
  • 5.3.5 SMC and BMC
• 5.4 By End-user Industry
  • 5.4.1 Transportation
  • 5.4.2 Building and Construction
  • 5.4.3 Electrical and Electronics
  • 5.4.4 Other End-user Industries
• 5.5 By Geography
  • 5.5.1 Asia-Pacific
    • 5.5.1.1 China
    • 5.5.1.2 India
    • 5.5.1.3 Japan
    • 5.5.1.4 South Korea
    • 5.5.1.5 ASEAN Countries
    • 5.5.1.6 Rest of Asia-Pacific
  • 5.5.2 North America
    • 5.5.2.1 United States
    • 5.5.2.2 Canada
    • 5.5.2.3 Mexico
  • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 Italy
    • 5.5.3.4 France
    • 5.5.3.5 NORDIC Countries
    • 5.5.3.6 Rest of Europe
  • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
  • 5.5.5 Middle-East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 South Africa
    • 5.5.5.3 Rest of Middle-East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products and Services, and Recent Developments)
  • 6.4.1 AGY
  • 6.4.2 China Jushi Co., Ltd.
  • 6.4.3 Exel Composites
  • 6.4.4 Gurit Services AG
  • 6.4.5 Hexcel Corporation
  • 6.4.6 Hitachi, Ltd.
  • 6.4.7 Kineco Limited
  • 6.4.8 Kordsa Teknik Tekstil Anonim Sirketi
  • 6.4.9 KraussMaffei
  • 6.4.10 Mitsubishi Chemical Carbon Fiber and Composites, Inc.
  • 6.4.11 Nippon Electric Glass Co., Ltd.
  • 6.4.12 Norplex Micarta
  • 6.4.13 Olin Corporation
  • 6.4.14 Owens Corning
  • 6.4.15 Park Aerospace Corp.
  • 6.4.16 SAERTEX GmbH & Co.KG
  • 6.4.17 SGL Carbon
  • 6.4.18 Solvay
  • 6.4.19 Strongwell Corporation
  • 6.4.20 TEIJIN LIMITED
  • 6.4.21 TORAY INDUSTRIES, INC.

7 Market Opportunities and Future Outlook

• 7.1 White-space and Unmet-Need Assessment
• 7.2 Development of New Advanced Forms of FRP Materials