Glass Fiber-Reinforced Plastic Market Size, Share, Trend, Forecast: 2022-2027

The glass fiber-reinforced plastic market is likely to grow at a promising CAGR of 5% during the forecast period. Rising product demand from various end-use industries is likely to drive the market growth during the forecast period. Growing demand for lightweight materials in the transportation industry, electrical resistivity and high flame-retardant materials in the electrical and electronics industry, and corrosion and chemical-resistant materials in the construction and pipe & tank industries are expected to drive the growth of the market in the coming years.