Europe GF and GFRP Composites market size was valued at US$ 3.45 billion in 2024 and is projected to reach US$ 4.85 billion by 2030, at a CAGR of 5.8% during the forecast period 2024-2030.
Glass fiber reinforced polymer (GFRP) composites are revolutionizing multiple industries across Europe due to their superior strength-to-weight ratio and corrosion resistance. These advanced materials find extensive applications in wind turbine blades, automotive lightweighting, and modern construction solutions – sectors where Europe maintains global technological leadership. The region’s focus on sustainability and stringent environmental regulations further accelerates adoption.
Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/282015/global-europe-gf-gfrp-composites-market-2024-2030-439
Market Overview & Regional Analysis
Germany commands the European market with over 30% production share, driven by its robust automotive sector and leadership in wind energy technologies. The country’s manufacturing excellence combined with strong R&D investments makes it the innovation hub for advanced composite solutions.
Southern European nations like Italy and Spain show remarkable growth in marine and construction applications, while the UK focuses on aerospace and defense sectors. Scandinavia leads in sustainable composite solutions, aligning with its green energy initiatives. Eastern Europe emerges as a competitive manufacturing base with improving technical capabilities.
Key Market Drivers and Opportunities
The push for renewable energy remains the primary growth driver, with wind energy accounting for 40% of GFRP demand. Europe’s ambitious target to install 510 GW of wind capacity by 2030 creates tremendous opportunities. Automotive lightweighting follows closely at 35% market share as manufacturers race to meet stringent EU emissions standards.
Emerging opportunities include 3D printed composites for customized solutions and thermoplastic GFRP for improved recyclability. The circular economy mandate presents innovation potential in bio-based resins and closed-loop recycling systems. Infrastructure modernization programs across Europe further boost demand for durable, low-maintenance composite materials.
Challenges & Restraints
While the market shows strong growth potential, several challenges persist. Fluctuating raw material prices, particularly for glass fibers and specialty resins, impact profit margins. The high energy-intensity of production conflicts with Europe’s decarbonization goals, pushing manufacturers to invest heavily in cleaner technologies.
Technical barriers include the need for improved recycling technologies and standardization across the value chain. Competition from Asian manufacturers and trade policies also present uncertainties. However, Europe’s focus on quality and technological leadership helps maintain its competitive edge.
Market Segmentation by Type
- Glass Fiber Products
- GFRP Products
Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/282015/global-europe-gf-gfrp-composites-market-2024-2030-439
Market Segmentation by Application
- Building & Construction
- Electronics
- Transportation
- Sport & Leisure
- Others
Market Segmentation and Key Players
- BASF SE
- SGL Group
- Hexcel Corporation
- Saint-Gobain
- Teijin Limited
- Exel Composites
- Solvay SA
- Owens Corning
- Hexion
- Lanxess AG
Report Scope
This report presents a comprehensive analysis of the European markets for GF and GFRP Composites, covering the period from 2024 to 2030. It includes detailed insights into the current market status and outlook across various countries with specific focus on:
-
Sales, production volumes, and revenue forecasts
-
Detailed segmentation by product type and application
In addition, the report offers in-depth profiles of key industry players, including:
-
Company profiles and SWOT analysis
-
Product portfolios and specifications
-
Production capacities and expansion plans
-
Financial performance and market strategies
The competitive landscape section highlights technological advancements, partnerships and innovation strategies being pursued by leading manufacturers. The report also identifies critical factors expected to influence future market growth.
As part of this research, we surveyed GF and GFRP Composites companies and industry experts across Europe. The survey covered various aspects, including:
-
Production trends and capacity utilization
-
Technological developments and R&D focus areas
-
Strategic plans addressing sustainability challenges
-
Supply chain risks and regional dynamics
Get Full Report Here: https://www.24chemicalresearch.com/reports/282015/global-europe-gf-gfrp-composites-market-2024-2030-439
About 24chemicalresearch
Founded in 2015, 24chemicalresearch has rapidly established itself as a leader in chemical market intelligence, serving clients including over 30 Fortune 500 companies. We provide data-driven insights through rigorous research methodologies, addressing key industry factors such as government policy, emerging technologies, and competitive landscapes.
- Plant-level capacity tracking
- Real-time price monitoring
- Techno-economic feasibility studies
With a dedicated team of researchers possessing over a decade of experience, we focus on delivering actionable, timely, and high-quality reports to help clients achieve their strategic goals. Our mission is to be the most trusted resource for market insights in the chemical and materials industries.
International: +1(332) 2424 294 | Asia: +91 9169162030
Website: https://www.24chemicalresearch.com/
Follow us on LinkedIn: https://www.linkedin.com/company/24chemicalresearch
- Top 10 Companies in the Passive Daytime Radiative Cooling (PDRC) Industry (2025): Market Leaders Revolutionizing Thermal Management - June 9, 2025
- Top 10 Companies in the Phenanthroline Monohydrate Industry (2025): Market Leaders Powering Chemical Innovations - June 9, 2025
- Top 10 Companies in the Polyethylene Terephthalate (PET) Solid-State Resins Market (2025): Industry Leaders Fueling Sustainable Packaging Growth - June 9, 2025