Product Code: ETC264086 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The glass reinforced plastic (GRP) market in Malaysia is expected to experience significant growth. GRP products, known for their lightweight, corrosion resistance, and durability, find applications in various industries, including construction, automotive, and marine. With increasing infrastructure development and the need for lightweight and corrosion-resistant materials, the demand for GRP products is likely to rise. Additionally, advancements in GRP manufacturing techniques may open up new opportunities in niche markets.
The Malaysia glass reinforced plastic (GRP) market is experiencing growth, primarily due to the versatility and durability of GRP materials. Industries such as construction, transportation, and marine are increasingly using GRP composites for their lightweight and corrosion-resistant properties. Additionally, the focus on sustainability and environmental regulations is propelling the adoption of GRP materials as eco-friendly alternatives to traditional materials like steel and concrete.
Challenges in the Malaysia glass reinforced plastic market include variations in raw material costs, the need for skilled labor for proper fabrication, and increasing demand for sustainable and recyclable materials, which may pose a threat to traditional plastic composites.
The Malaysia glass reinforced plastic market faced supply chain disruptions and reduced demand in the automotive and construction sectors. However, the market also witnessed opportunities as the need for lightweight and durable materials in various industries, including aerospace and transportation, continued to grow.
Key players in the Malaysia glass reinforced plastic (GRP) market include Scott Bader Company Ltd., PPG Industries, and Reichhold Inc. Scott Bader is recognized for its GRP composites and resins, PPG Industries offers a wide range of fiberglass products, and Reichhold Inc. provides advanced resins for various industries. These companies are instrumental in the adoption of GRP materials across different sectors in Malaysia.
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 Malaysia Glass Reinforced Plastic Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Glass Reinforced Plastic Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Glass Reinforced Plastic Market - Industry Life Cycle |
3.4 Malaysia Glass Reinforced Plastic Market - Porter's Five Forces |
3.5 Malaysia Glass Reinforced Plastic Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Glass Reinforced Plastic Market Revenues & Volume Share, By Method, 2021 & 2031F |
3.7 Malaysia Glass Reinforced Plastic Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Malaysia Glass Reinforced Plastic Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Malaysia Glass Reinforced Plastic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and durable materials in industries such as automotive, construction, and aerospace. |
4.2.2 Increasing investments in infrastructure projects driving the demand for glass reinforced plastic products. |
4.2.3 Rising awareness about the benefits of using glass reinforced plastic, such as corrosion resistance and high strength-to-weight ratio. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of glass reinforced plastic products. |
4.3.2 Lack of skilled labor for manufacturing and installation of glass reinforced plastic components. |
4.3.3 Competition from alternative materials like steel, aluminum, and carbon fiber composites. |
5 Malaysia Glass Reinforced Plastic Market Trends |
6 Malaysia Glass Reinforced Plastic Market, By Types |
6.1 Malaysia Glass Reinforced Plastic Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.4 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.5 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.1.6 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.7 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Others, 2021-2031F |
6.2 Malaysia Glass Reinforced Plastic Market, By Method |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Moulding Method, 2021-2031F |
6.2.3 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Pultrusion Method, 2021-2031F |
6.2.4 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Layup, 2021-2031F |
6.2.5 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Others, 2021-2031F |
6.3 Malaysia Glass Reinforced Plastic Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Pipes and Tanks, 2021-2031F |
6.3.3 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Wind Power Turbines, 2021-2031F |
6.3.4 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Storage Containers, 2021-2031F |
6.3.5 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Roofs, 2021-2031F |
6.3.6 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Floor Gratings, 2021-2031F |
6.3.7 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Steps and Stairs, 2021-2031F |
6.3.8 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Others, 2021-2031F |
6.4 Malaysia Glass Reinforced Plastic Market, By End-Use |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.4.3 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Transportation, 2021-2031F |
6.4.4 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Electrical and Electronics, 2021-2031F |
6.4.5 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.4.6 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Mining, 2021-2031F |
6.4.7 Malaysia Glass Reinforced Plastic Market Revenues & Volume, By Water and Wastewater, 2021-2031F |
7 Malaysia Glass Reinforced Plastic Market Import-Export Trade Statistics |
7.1 Malaysia Glass Reinforced Plastic Market Export to Major Countries |
7.2 Malaysia Glass Reinforced Plastic Market Imports from Major Countries |
8 Malaysia Glass Reinforced Plastic Market Key Performance Indicators |
8.1 Average production cost per unit of glass reinforced plastic product. |
8.2 Percentage increase in the number of infrastructure projects utilizing glass reinforced plastic. |
8.3 Number of training programs conducted to improve the skills of the workforce in the glass reinforced plastic industry. |
9 Malaysia Glass Reinforced Plastic Market - Opportunity Assessment |
9.1 Malaysia Glass Reinforced Plastic Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Glass Reinforced Plastic Market Opportunity Assessment, By Method, 2021 & 2031F |
9.3 Malaysia Glass Reinforced Plastic Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Malaysia Glass Reinforced Plastic Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Malaysia Glass Reinforced Plastic Market - Competitive Landscape |
10.1 Malaysia Glass Reinforced Plastic Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Glass Reinforced Plastic Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |