HANNOVER MESSE 2019,
01 - 05 April
The European GRP Market in 2017 - The trend of steady growth continues
Fibre reinforced plastics or composites are manufactured using a variety of reinforcing materials. Glass fibre reinforced plastics (GRP) dominate the market accounting for app. 95 % of its total volume.
In 2017, the GRP market in the european countries grew – for the fifth consecutive year – by 2 %.
As in past years, the volume of GRP manufactured in Europe (1.118 million tonnes) reflects the different trends observed in the various market segments. Production of thermoplastics, used primarily in the automobile industry, is still growing more strongly than production of most thermosetting materials. However, the strongest area of growth in production volume (5 %) was continuous processing – especially the pultrusion process. The majority of these processes use thermosetting materials.
In the European region, Germany remains the country with the largest GRP production. Growth has been consolidating in Southern Europe. Currently, production volume is not contracting in any European region.
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Managing Director, AVK - Industrievereinigung Verstärkte Kunststoffe
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