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HANNOVER MESSE 2018, 23 - 27 April
Homepage>Conference program >Trends and Developments in the Composites Market
Integrated Lightweight Plaza

Trends and Developments in the Composites Market

The European GRP Market in 2017 - The trend of steady growth continues

Location & Language

Hall 5, Stand E48

Language

German

Event Details

Type of event

Lecture

Topic

Global Business & Markets, Lightweight Construction

Event Host

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Description

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.

Speaker

  Elmar Witten

Elmar Witten

Managing Director, AVK - Industrievereinigung Verstärkte Kunststoffe

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