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Fiber Reinforced Polymer Composites Companies

ID: MRFR/CnM/10622-HCR
111 Pages
Chitranshi Jaiswal
October 2025

Fiber Reinforced Polymer (FRP) composites companies specialize in the manufacturing of materials that combine fibers, such as glass or carbon, with a polymer matrix. These composites exhibit high strength, low weight, and corrosion resistance, making them valuable in construction, automotive, and aerospace industries. These companies play a key role in providing innovative and durable materials that contribute to the development of advanced and lightweight structures.

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Fiber Reinforced Polymer Composites Market Research Report - Global Forecast to 2035 Infographic
Summary Table of Contents Segmentation Download PDF

Top Industry Leaders in the Fiber Reinforced Polymer Composites Market

Fiber Reinforced Polymer Composites Key Companies


The Fiber Reinforced Polymer Composites (FRPC) market is a dynamic space, driven by the unique properties these materials offer: high strength-to-weight ratio, exceptional corrosion resistance, and design flexibility. This growth is fueled by increasing demand from diverse sectors like construction, transportation, aerospace, and wind energy.


Strategies for Market Share:



  • Product Diversification: Expanding product portfolios to cater to specific needs of different industries is key. This includes developing lightweight composites for automotive applications, corrosion-resistant materials for marine structures, and fire-retardant composites for construction.

  • Technological Advancements: Continuous investment in R&D is crucial to stay ahead of the curve. Developing new fiber types, resin systems, and manufacturing processes can significantly improve performance and cost-effectiveness.

  • Sustainability Focus: With growing environmental concerns, companies are emphasizing eco-friendly composites made from recycled materials or bio-based resins. This not only attracts eco-conscious customers but also opens up new market opportunities.

  • Vertical Integration: Integrating backward into raw material sourcing or forward into finished product manufacturing can provide greater control over the supply chain and improve margins.

  • Strategic Partnerships: Collaborations with research institutions, universities, and other industry players can accelerate innovation and market access.


Factors Influencing Market Share:



  • Price Competitiveness: Cost-effective solutions are crucial, especially in price-sensitive sectors like construction. Optimizing production processes and leveraging economies of scale are key strategies.

  • Regional Demand: Understanding the specific needs and regulations of different regions is essential. Tailoring products and services to regional markets can be a significant advantage.

  • Government Initiatives: Government policies promoting renewable energy, fuel efficiency, and sustainable infrastructure can create significant opportunities for FRPC players.

  • Recycling and Sustainability: The ability to offer recyclable or bio-based composites can be a major differentiator in a market increasingly focused on environmental responsibility.


List of Key Players in the Fiber Reinforced Polymer Composites Market




  • Ten Cate NV




  • Saint Gobain




  • Asahi Fiberglass




  • Owen Corning




  • Mitsubishi Rayon Co., Ltd




  • B&B FRP Manufacturing Inc.




  • American Fiberglass Rebar




  • American Grating, LLC




Recent Developments:


August 2023: SGL Carbon and Faurecia announce a partnership to develop lightweight composite battery boxes for electric vehicles, aiming to increase range and efficiency.


September 2023: Boeing unveils its new 777X freighter with extensive use of carbon fiber composites in the wings and fuselage, leading to a 20% fuel efficiency improvement.


October 2023: Hexcel secures a major contract to supply carbon fiber composites for Airbus A350 XWB vertical stabilizers, further solidifying its position in the aerospace market.


November 2023: Toray Industries invests in a new production facility in India to cater to the growing demand for FRPC materials in the country's booming infrastructure sector.


December 2023: Researchers at MIT unveil a novel bio-based composite made from cellulose nanofibrils, potentially paving the way for more sustainable FRPC solutions.