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

Name: Indonesia Glass Fibre Reinforced Plastic Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Type (Polyester, Vinyl Ester, Epoxy, Polyurethane, Peek Resin, Others), By Application (Wind Energy, Transportation, Marine, Pipe & Tanks, Others) And Competitive Landscape

Product Code: ETC371728	Publication Date: Aug 2022	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Indonesia Glass Fibre Reinforced Plastic Market: Import Trend Analysis

In the Indonesia glass fibre reinforced plastic market, the import trend saw a decline in growth from 2023 to 2024, with a rate of -1.43%. However, the compound annual growth rate (CAGR) for imports between 2020 and 2024 stood at 8.54%. This shift in import momentum could be attributed to changing market demands or adjustments in trade policies impacting the sector`s stability.

Indonesia Glass Fibre Reinforced Plastic Market Synopsis

The Indonesia Glass Fibre Reinforced Plastic (GRP) market is experiencing substantial growth due to its versatility and wide range of applications. GRP is becoming increasingly popular in sectors such as construction, automotive, aerospace, and marine due to its lightweight, corrosion resistance, and durability. In Indonesia, the construction industry, in particular, is a major driver for GRP demand, as it finds applications in roofing, panels, and other structural elements. As the country continues to invest in infrastructure development, the GRP market is poised for sustained growth.

Drivers of the Market

The glass fiber reinforced plastic (GRP) market in Indonesia is influenced by the construction, automotive, and marine industries. GRP is valued for its lightweight, corrosion-resistant properties, making it a preferred material for a range of applications, including building components, automotive parts, and boat manufacturing. The construction of infrastructure projects, the expansion of the automotive industry, and the development of maritime transportation have all contributed to the growth of the GRP market. Additionally, environmental concerns and the need for sustainable materials are driving innovation in GRP production and applications.

Challenges of the Market

The glass fibre reinforced plastic (GRP) market in Indonesia faces challenges in terms of quality control and consistency in manufacturing. Ensuring the right mix of glass fibre and resin to meet varying application requirements is a persistent challenge. Moreover, the market must contend with environmental concerns, as GRP production can involve harmful chemicals. Managing waste and promoting sustainable practices will be essential to the long-term success of this industry.

COVID-19 Impact on the Market

The Indonesian glass fibre reinforced plastic (GRP) market faced challenges during the pandemic. Reduced construction activity and uncertainty in the infrastructure sector impacted the demand for GRP products, which are commonly used in construction and industrial applications. Furthermore, supply chain disruptions hindered the availability of raw materials, affecting production schedules. The market is now witnessing a slow recovery as construction projects resume and industries regain momentum.

Key Players in the Market

The demand for lightweight and durable materials drives the glass fiber-reinforced plastic market. Key players include PT. Bitratama Citra Abadi, PT. Paris Jakarta Composite, and PT. Toyobo Indonesia.

Key Highlights of the Report:

Indonesia Glass Fibre Reinforced Plastic Market Outlook
Market Size of Indonesia Glass Fibre Reinforced Plastic Market, 2024
Forecast of Indonesia Glass Fibre Reinforced Plastic Market, 2031
Historical Data and Forecast of Indonesia Glass Fibre Reinforced Plastic Revenues & Volume for the Period 2021-2031
Indonesia Glass Fibre Reinforced Plastic Market Trend Evolution
Indonesia Glass Fibre Reinforced Plastic Market Drivers and Challenges
Indonesia Glass Fibre Reinforced Plastic Price Trends
Indonesia Glass Fibre Reinforced Plastic Porter's Five Forces
Indonesia Glass Fibre Reinforced Plastic Industry Life Cycle
Historical Data and Forecast of Indonesia Glass Fibre Reinforced Plastic Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Indonesia Glass Fibre Reinforced Plastic Market Revenues & Volume By Polyester for the Period 2021-2031
Historical Data and Forecast of Indonesia Glass Fibre Reinforced Plastic Market Revenues & Volume By Vinyl Ester for the Period 2021-2031
Historical Data and Forecast of Indonesia Glass Fibre Reinforced Plastic Market Revenues & Volume By Epoxy for the Period 2021-2031
Historical Data and Forecast of Indonesia Glass Fibre Reinforced Plastic Market Revenues & Volume By Polyurethane for the Period 2021-2031
Historical Data and Forecast of Indonesia Glass Fibre Reinforced Plastic Market Revenues & Volume By Peek Resin for the Period 2021-2031
Historical Data and Forecast of Indonesia Glass Fibre Reinforced Plastic Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Indonesia Glass Fibre Reinforced Plastic Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Indonesia Glass Fibre Reinforced Plastic Market Revenues & Volume By Wind Energy for the Period 2021-2031
Historical Data and Forecast of Indonesia Glass Fibre Reinforced Plastic Market Revenues & Volume By Transportation for the Period 2021-2031
Historical Data and Forecast of Indonesia Glass Fibre Reinforced Plastic Market Revenues & Volume By Marine for the Period 2021-2031
Historical Data and Forecast of Indonesia Glass Fibre Reinforced Plastic Market Revenues & Volume By Pipe & Tanks for the Period 2021-2031
Historical Data and Forecast of Indonesia Glass Fibre Reinforced Plastic Market Revenues & Volume By Others for the Period 2021-2031
Indonesia Glass Fibre Reinforced Plastic Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Application
Indonesia Glass Fibre Reinforced Plastic Top Companies Market Share
Indonesia Glass Fibre Reinforced Plastic Competitive Benchmarking By Technical and Operational Parameters
Indonesia Glass Fibre Reinforced Plastic Company Profiles
Indonesia Glass Fibre Reinforced Plastic Key Strategic Recommendations