Product Code: ETC5712470 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The GFRP (Glass Fiber Reinforced Polymer) Composites market in Bhutan is growing with the increasing demand for lightweight and high-strength materials in various applications, including construction, automotive, and aerospace. GFRP composites offer excellent strength-to-weight ratios and corrosion resistance. The market is driven by the rise in construction activities, advancements in composite materials, and the need for durable and efficient solutions.
The Bhutan GFRP (Glass Fiber Reinforced Polymer) composites market is influenced by the growing demand for lightweight and durable materials in construction and automotive applications. GFRP composites offer high strength-to-weight ratios and corrosion resistance, making them ideal for various structural applications. The growth of infrastructure projects and the automotive industry in Bhutan supports the market`s expansion.
The glass fiber reinforced polymer (GFRP) composites market in Bhutan faces challenges related to technology adoption and infrastructure. GFRP composites require advanced manufacturing techniques and equipment, which are lacking in Bhutan. The high cost of importing GFRP composites and the limited local expertise can restrict market growth. Additionally, there is limited awareness about the benefits and applications of GFRP composites among local industries, affecting market adoption.
Government policies in Bhutan support the GFRP (Glass Fiber Reinforced Polymer) composites market by encouraging the use of high-performance materials for construction and industrial applications. Incentives are provided for adopting GFRP composites to enhance durability and reduce maintenance costs.
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 Bhutan GFRP Composites Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan GFRP Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan GFRP Composites Market - Industry Life Cycle |
3.4 Bhutan GFRP Composites Market - Porter's Five Forces |
3.5 Bhutan GFRP Composites Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
3.6 Bhutan GFRP Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Bhutan GFRP Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Bhutan GFRP Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in various industries such as automotive, construction, and aerospace. |
4.2.2 Growing focus on sustainable and eco-friendly solutions, as GFRP composites are recyclable and energy-efficient. |
4.2.3 Government initiatives promoting the use of GFRP composites in infrastructure development projects. |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up manufacturing facilities and RD for product development. |
4.3.2 Limited awareness and understanding of GFRP composites among end-users and manufacturers. |
4.3.3 Challenges related to the recycling and disposal of GFRP composites, leading to environmental concerns. |
5 Bhutan GFRP Composites Market Trends |
6 Bhutan GFRP Composites Market Segmentations |
6.1 Bhutan GFRP Composites Market, By End Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Bhutan GFRP Composites Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.3 Bhutan GFRP Composites Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2 Bhutan GFRP Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Bhutan GFRP Composites Market Revenues & Volume, By Epoxy, 2021-2031F |
6.2.3 Bhutan GFRP Composites Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.4 Bhutan GFRP Composites Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.3 Bhutan GFRP Composites Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Bhutan GFRP Composites Market Revenues & Volume, By Compression & Injection Molding, 2021-2031F |
6.3.3 Bhutan GFRP Composites Market Revenues & Volume, By RTM/VARTM, 2021-2031F |
6.3.4 Bhutan GFRP Composites Market Revenues & Volume, By Layup, 2021-2031F |
7 Bhutan GFRP Composites Market Import-Export Trade Statistics |
7.1 Bhutan GFRP Composites Market Export to Major Countries |
7.2 Bhutan GFRP Composites Market Imports from Major Countries |
8 Bhutan GFRP Composites Market Key Performance Indicators |
8.1 Research and Development Investment in GFRP composites technology. |
8.2 Percentage increase in usage of GFRP composites in key industries. |
8.3 Number of government contracts or projects incorporating GFRP composites. |
8.4 Environmental impact assessments and sustainability reports related to GFRP composites usage. |
8.5 Number of patents or innovations in GFRP composite materials and applications. |
9 Bhutan GFRP Composites Market - Opportunity Assessment |
9.1 Bhutan GFRP Composites Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
9.2 Bhutan GFRP Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Bhutan GFRP Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Bhutan GFRP Composites Market - Competitive Landscape |
10.1 Bhutan GFRP Composites Market Revenue Share, By Companies, 2024 |
10.2 Bhutan GFRP Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |