Product Code: ETC4500696 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Glass Fiber Reinforced Plastic (GFRP) composites market in Australia is witnessing steady growth driven by the construction, automotive, and aerospace sectors. GFRP offers lightweight, corrosion-resistant properties, making it increasingly popular in various applications.
The growing demand for lightweight and durable materials across various industries such as automotive, construction, and aerospace is driving the expansion of the GFRP composites market in Australia. These materials offer high strength-to-weight ratios, corrosion resistance, and design flexibility, making them increasingly popular for use in applications ranging from automotive components to infrastructure projects.
The GFRP (Glass Fiber Reinforced Plastic) composites market in Australia faces several challenges, primarily stemming from the high costs associated with raw materials and production processes. Additionally, there`s a constant need for innovation to meet stringent regulatory standards, especially concerning environmental sustainability and safety. Competition from alternative materials also poses a challenge, requiring market players to continuously demonstrate the superior performance and durability of GFRP composites.
The Australia government has implemented policies aimed at promoting innovation and sustainability in the manufacturing sector, including the use of advanced materials like GFRP composites. Initiatives such as research grants, tax incentives for R&D, and industry partnerships are encouraged to drive growth in this market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia GFRP Composites Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia GFRP Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Australia GFRP Composites Market - Industry Life Cycle |
3.4 Australia GFRP Composites Market - Porter's Five Forces |
3.5 Australia GFRP Composites Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
3.6 Australia GFRP Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Australia GFRP Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Australia GFRP Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and high-strength materials in various industries such as automotive, construction, and aerospace. |
4.2.2 Increasing focus on sustainable and eco-friendly materials leading to the adoption of GFRP composites. |
4.2.3 Technological advancements in manufacturing processes improving the quality and cost-effectiveness of GFRP composites. |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up GFRP composite manufacturing facilities. |
4.3.2 Challenges related to recycling and disposal of GFRP composites, leading to environmental concerns. |
4.3.3 Limited awareness and understanding of the benefits of GFRP composites among end-users in some industries. |
5 Australia GFRP Composites Market Trends |
6 Australia GFRP Composites Market, By Types |
6.1 Australia GFRP Composites Market, By End Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Australia GFRP Composites Market Revenues & Volume, By End Use Industry, 2021-2031F |
6.1.3 Australia GFRP Composites Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.4 Australia GFRP Composites Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2 Australia GFRP Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Australia GFRP Composites Market Revenues & Volume, By Epoxy, 2021-2031F |
6.2.3 Australia GFRP Composites Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.4 Australia GFRP Composites Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.3 Australia GFRP Composites Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Australia GFRP Composites Market Revenues & Volume, By Compression & Injection Molding, 2021-2031F |
6.3.3 Australia GFRP Composites Market Revenues & Volume, By RTM/VARTM, 2021-2031F |
6.3.4 Australia GFRP Composites Market Revenues & Volume, By Layup, 2021-2031F |
7 Australia GFRP Composites Market Import-Export Trade Statistics |
7.1 Australia GFRP Composites Market Export to Major Countries |
7.2 Australia GFRP Composites Market Imports from Major Countries |
8 Australia GFRP Composites Market Key Performance Indicators |
8.1 Percentage increase in the number of patents related to GFRP composites technology. |
8.2 Adoption rate of GFRP composites in new applications or industries. |
8.3 Growth in the number of collaborations or partnerships between GFRP composite manufacturers and end-users for product development. |
9 Australia GFRP Composites Market - Opportunity Assessment |
9.1 Australia GFRP Composites Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
9.2 Australia GFRP Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Australia GFRP Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Australia GFRP Composites Market - Competitive Landscape |
10.1 Australia GFRP Composites Market Revenue Share, By Companies, 2024 |
10.2 Australia GFRP Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |