Product Code: ETC4500695 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 26 |
The Myanmar Glass Fiber Reinforced Polymer (GFRP) Composites Market supplies composite materials reinforced with glass fibers, used in construction, automotive, and aerospace applications. This market is important for providing strong, lightweight, and corrosion-resistant materials.
The increasing demand for lightweight and corrosion-resistant materials in construction, automotive, and marine industries is driving the growth of the glass fiber reinforced plastics (GFRP) composites market in Myanmar. With the need for high strength-to-weight ratio, design flexibility, and durability, there is a growing adoption of GFRP composites for structural components, facades, and transportation applications, fueling market expansion.
The Myanmar GFRP (Glass Fiber Reinforced Plastic) Composites Market faces hurdles related to technology adoption and market acceptance. GFRP composites offer advantages in lightweight construction and corrosion resistance, but limited awareness and understanding of composite materials among end-users inhibit market demand. Moreover, ensuring compatibility with existing construction practices and regulatory requirements poses challenges for manufacturers. Additionally, competition from traditional building materials and imported composites adds complexity to market dynamics, requiring education and demonstration of the benefits of GFRP composites.
To promote innovation and diversification in manufacturing industries, the government of Myanmar has introduced policies to support the glass fiber reinforced plastic (GFRP) composites market. These policies encompass research and development grants for composite materials technology, technical assistance programs for GFRP manufacturing startups, and incentives for investment in advanced composites production facilities to enhance industrial competitiveness and export potential.
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 Myanmar GFRP Composites Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar GFRP Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Myanmar GFRP Composites Market - Industry Life Cycle |
3.4 Myanmar GFRP Composites Market - Porter's Five Forces |
3.5 Myanmar GFRP Composites Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
3.6 Myanmar GFRP Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Myanmar GFRP Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Myanmar GFRP Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and high-strength materials in various industries such as automotive, construction, and aerospace. |
4.2.2 Increasing investments in infrastructure development projects in Myanmar, leading to a higher demand for GFRP composites. |
4.2.3 Rising awareness about the benefits of GFRP composites such as corrosion resistance and durability. |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for GFRP composites production in Myanmar. |
4.3.2 High initial costs associated with setting up manufacturing facilities for GFRP composites. |
4.3.3 Lack of skilled labor and expertise in working with GFRP composites in the local market. |
5 Myanmar GFRP Composites Market Trends |
6 Myanmar GFRP Composites Market, By Types |
6.1 Myanmar GFRP Composites Market, By End Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Myanmar GFRP Composites Market Revenues & Volume, By End Use Industry, 2021-2031F |
6.1.3 Myanmar GFRP Composites Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.4 Myanmar GFRP Composites Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2 Myanmar GFRP Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Myanmar GFRP Composites Market Revenues & Volume, By Epoxy, 2021-2031F |
6.2.3 Myanmar GFRP Composites Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.4 Myanmar GFRP Composites Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.3 Myanmar GFRP Composites Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Myanmar GFRP Composites Market Revenues & Volume, By Compression & Injection Molding, 2021-2031F |
6.3.3 Myanmar GFRP Composites Market Revenues & Volume, By RTM/VARTM, 2021-2031F |
6.3.4 Myanmar GFRP Composites Market Revenues & Volume, By Layup, 2021-2031F |
7 Myanmar GFRP Composites Market Import-Export Trade Statistics |
7.1 Myanmar GFRP Composites Market Export to Major Countries |
7.2 Myanmar GFRP Composites Market Imports from Major Countries |
8 Myanmar GFRP Composites Market Key Performance Indicators |
8.1 Percentage increase in the number of infrastructure projects utilizing GFRP composites in Myanmar. |
8.2 Adoption rate of GFRP composites in key industries such as automotive and construction. |
8.3 Growth in research and development activities focused on improving GFRP composite technologies in Myanmar. |
9 Myanmar GFRP Composites Market - Opportunity Assessment |
9.1 Myanmar GFRP Composites Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
9.2 Myanmar GFRP Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Myanmar GFRP Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Myanmar GFRP Composites Market - Competitive Landscape |
10.1 Myanmar GFRP Composites Market Revenue Share, By Companies, 2024 |
10.2 Myanmar GFRP Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |