Australia Glass Reinforced Plastic Market (2025-2031) | Trends, Analysis, Size, Share, Forecast, Growth, Industry, Outlook, Revenue, Companies & Value

Australia Glass Reinforced Plastic Market Highlights

Topics Covered in Australia Glass Reinforced Plastic Market Report

The Australia Glass Reinforced Plastic Market Report thoroughly covers the market by Type, by Method, by Application and by End-Use. The Australia Glass Reinforced Plastic Market Outlook report provides an unbiased and detailed analysis of the ongoing Australia Glass Reinforced Plastic Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.

Australia Glass Reinforced Plastic Market Synopsis

The Australia Glass Reinforced Plastic Market is expected to grow more in the future. This growth can be attributed to the increasing demand from the construction industry, increasing demand from automotive and marine industry, technological advancements to produce complex and customized GRP (Glass Reinforced Plastic) components and the government initiatives contribute to the growth of the Australia Glass Reinforced Plastic Market.

According to 6Wresearch, Australia Glass Reinforced Plastic Market is projected to rise at a CAGR of 6.2% during the period of 2025-2031. One of the primary drivers in the growth of this market is the increasing demand from the construction industry as the lightweight and durable properties of GRP makes it perfect for construction. As the demand for sustainable materials rises, GRP usage grows, driving market growth. Additionally, The Australian automotive industry also propels the GRP market as GRP’s lightweight quality enhances fuel efficiency and lowers emissions. However, there are also some challenges faced by the Australia Glass Reinforced Plastic Market, such as the high production costs associated with GRP, which can make it less competitive compared to traditional materials in certain applications.

Another challenge is the limited availability of raw materials for GRP production in Australia which has led to a reliance on imports for some components, increasing production costs and affecting the market's overall competitiveness. On the other side, some ongoing trends are shaping the Australia Glass Reinforced Plastic Market growth. These trends are Australia’s marine industry significantly drives the GRP market as the vast coastline and boating culture create high demand for GRP boats and components. GRP’s corrosion resistance in saltwater makes it ideal for marine use which in turn contributes to the growth of this market. Moreover, technological advancements such as 3D printing has fuelled the GRP market. GRP’s capacity to create intricate and tailor-made components broadens applications, drawing diverse industries to adopt GRP.

Australia Glass Reinforced Plastic Market: Leading Players

Some Key Players in the Australia Glass Reinforced Plastic Market include names like Fiberglass International Corporation, Composites Australia Pty Ltd, Glasdon Group Limited, EGR Industrial Pty Ltd, Allnex Australia Pty Ltd. These companies have a strong presence in the market and offer a wide range of GRP products for various industries. 

Australia Glass Reinforced Plastic Market: Government Initiatives

The government initiatives such as Sustainable Procurement Guide, which encourages government agencies and businesses to consider sustainability when making procurement decisions leads to the growth of this market. Additionally, the Green Building Council of Australia provides a rating system for buildings that incorporate sustainable materials and practices, including GRP. This has led to an increase in the use of GRP in the construction industry, further driving the growth of the market. 

Future Insights of the Market

Australia Glass Reinforced Plastic industry is witnessing significant growth which can be attributed to the increasing demand from the construction industry, increasing demand from automotive and marine industry, technological advancements to produce complex and customized GRP (Glass Reinforced Plastic) components and the government initiatives such as Sustainable Procurement Guide, which encourages government agencies and businesses to consider sustainability when making procurement decisions will lead to the growth of the Australia Glass Reinforced Plastic Market in coming years.

Market Segmentation by Type

According to Ravi Bhandari, Research Head, 6Wresearch, the epoxy segment is the dominant segment in the industry and will continue to grow in the coming years due to their high strength, durability, and resistance to corrosion, making it suitable for various applications such as pipes, tanks, and structural components. 

Market Segmentation by Application

Based on Application, the pipes and tanks segment is the dominant segment in the industry and will continue to grow in the coming years due to the high demand for GRP pipes and tanks in various industries such as oil and gas, chemical processing, water treatment, and others. These industries require corrosion-resistant, lightweight, and durable pipes and tanks, which makes GRP a preferred choice. 

Market Segmentation by End-Use

Based on End-Use, the building and construction segment is the dominant segment in the industry and will continue to grow in the coming years due to the growing focus on sustainable construction practices and the increasing demand for lightweight and durable building materials that have led to the widespread adoption of GRP products. 

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Australia Glass Reinforced Plastic Market Outlook
• Market Size of Australia Glass Reinforced Plastic Market, 2024
• Forecast of Australia Glass Reinforced Plastic Market, 2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Revenues & Volume for the Period 2021-2031
• Australia Glass Reinforced Plastic Market Trend Evolution
• Australia Glass Reinforced Plastic Market Drivers and Challenges
• Australia Glass Reinforced Plastic Price Trends
• Australia Glass Reinforced Plastic Porter's Five Forces
• Australia Glass Reinforced Plastic Industry Life Cycle
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Epoxy for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Polyester for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Vinyl Ester for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Polyurethane for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Method for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Moulding Method for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Pultrusion Method for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Layup for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Pipes and Tanks for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Wind Power Turbines for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Storage Containers for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Roofs for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Floor Gratings for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Steps and Stairs for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Switch Actuators for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By End-Use for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Building and Construction for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Transportation for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Electrical and Electronics for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Oil and Gas for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Mining for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Water and Wastewater for the Period 2021-2031
• Historical Data and Forecast of Australia Glass Reinforced Plastic Market Revenues & Volume By Others for the Period 2021-2031
• Australia Glass Reinforced Plastic Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Method
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By End-Use
• Australia Glass Reinforced Plastic Top Companies Market Share
• Australia Glass Reinforced Plastic Competitive Benchmarking By Technical and Operational Parameters
• Australia Glass Reinforced Plastic Company Profiles
• Australia Glass Reinforced Plastic Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Type

• Epoxy
• Polyester
• Vinyl Ester
• Polyurethane
• Others

By Method

• Moulding Method
• Pultrusion Method
• Layup
• Others

By Application

• Pipes And Tanks
• Wind Power Turbines
• Storage Containers
• Roofs
• Floor Gratings
• Steps And Stairs
• Switch Actuators
• Others

By End-Use

• Building And Construction
• Transportation
• Electrical And Electronics
• Oil And Gas
• Mining
• Water And Wastewater
• Others