Product Code: ETC6181716 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Glass fiber reinforced plastics are becoming increasingly popular in Australia as a replacement for traditional materials such as wood, steel, and aluminum. The market is supported by the materials high mechanical strength, low weight, and weather resistance. Demand is particularly strong in construction (for rebar, panels, and gratings) and in water management systems. Investments in public infrastructure and mining operations are also contributing to the expanding market scope.
Glass Fiber Reinforced Plastics (GFRP) continue to gain traction across multiple sectors in Australia. Their durability, ease of installation, and cost-efficiency are making them attractive in civil engineering projects. The market is also benefitting from the mining and oil & gas industries, which require corrosion-resistant materials for pipelines and structural applications. Additionally, rising awareness regarding environmental sustainability is encouraging manufacturers to explore recyclable GFRP solutions.
The glass fiber reinforced plastics market in Australia is encountering challenges linked to the relatively high cost of production and the limited adoption of these materials in certain industries. Although GFRP materials offer excellent mechanical properties, their high manufacturing costs make them less competitive compared to traditional materials such as metals and concrete. Furthermore, the need for specialized production facilities and processes to ensure quality control adds to the costs and complexity. With an increasing focus on sustainability, the recycling and disposal of GFRP materials present challenges, as they are not as easily recyclable as other materials like metals or plastics.
The glass fiber reinforced plastics market in Australia offers strong growth potential due to the increasing adoption of GFRP materials in various sectors, including automotive, construction, and wind energy. Investors can capitalize on the demand for lightweight, durable, and cost-effective materials by focusing on the production of advanced GFRP products. Furthermore, as the market for renewable energy expands, the use of GFRP in wind turbine blades presents a promising area for investment, particularly as Australia seeks to increase its renewable energy capacity.
The glass fiber reinforced plastics (GFRP) market in Australia is heavily influenced by policies aimed at reducing carbon footprints and enhancing material efficiency. Government initiatives that promote the use of lightweight, durable materials to improve energy efficiency in industries such as transportation, construction, and marine applications have positively impacted the GFRP market. Additionally, the Australian government encourages the recycling of composite materials, and regulations ensure that manufacturing processes adhere to stringent environmental standards.
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 Glass Fiber-reinforced Plastics Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Glass Fiber-reinforced Plastics Market - Industry Life Cycle |
3.4 Australia Glass Fiber-reinforced Plastics Market - Porter's Five Forces |
3.5 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.7 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.8 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Australia Glass Fiber-reinforced Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Glass Fiber-reinforced Plastics Market Trends |
6 Australia Glass Fiber-reinforced Plastics Market, By Types |
6.1 Australia Glass Fiber-reinforced Plastics Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Resin Type, 2021- 2031F |
6.1.3 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Polyester, 2021- 2031F |
6.1.4 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Vinyl Ester, 2021- 2031F |
6.1.5 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.1.6 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.1.7 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Thermoplastic, 2021- 2031F |
6.1.8 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Glass Fiber-reinforced Plastics Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Wind Energy, 2021- 2031F |
6.2.3 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.2.4 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Transporation, 2021- 2031F |
6.2.5 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Pipes & Tanks, 2021- 2031F |
6.2.6 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Construction & Infrastructure, 2021- 2031F |
6.2.7 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Marine, 2021- 2031F |
6.2.8 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Other, 2021- 2031F |
6.2.9 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Other, 2021- 2031F |
6.3 Australia Glass Fiber-reinforced Plastics Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Compression & Injection Molding Process, 2021- 2031F |
6.3.3 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Layup, 2021- 2031F |
6.3.4 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Filament Winding, 2021- 2031F |
6.3.5 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Pultrusion, 2021- 2031F |
6.3.6 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Resin Transfer Molding (RTM), 2021- 2031F |
6.3.7 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Other, 2021- 2031F |
6.4 Australia Glass Fiber-reinforced Plastics Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Rebar, 2021- 2031F |
6.4.3 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Powder, 2021- 2031F |
6.4.4 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Sheet, 2021- 2031F |
6.4.5 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Panel, 2021- 2031F |
6.4.6 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Rolls, 2021- 2031F |
6.4.7 Australia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Glass Fiber-reinforced Plastics Market Import-Export Trade Statistics |
7.1 Australia Glass Fiber-reinforced Plastics Market Export to Major Countries |
7.2 Australia Glass Fiber-reinforced Plastics Market Imports from Major Countries |
8 Australia Glass Fiber-reinforced Plastics Market Key Performance Indicators |
9 Australia Glass Fiber-reinforced Plastics Market - Opportunity Assessment |
9.1 Australia Glass Fiber-reinforced Plastics Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Australia Glass Fiber-reinforced Plastics Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.3 Australia Glass Fiber-reinforced Plastics Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.4 Australia Glass Fiber-reinforced Plastics Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Australia Glass Fiber-reinforced Plastics Market - Competitive Landscape |
10.1 Australia Glass Fiber-reinforced Plastics Market Revenue Share, By Companies, 2024 |
10.2 Australia Glass Fiber-reinforced Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |