Fiber Reinforced Plastics Market Procurement Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence Report 2020 – 2025

Procurement Outlook

Fiber reinforced plastics is a composite material that is made of polymers. These polymers are supported with fibers for additional strength. The primary use of fiber reinforced plastics is to construct structures that require additional resistance under stress to prevent deformation. Additionally, it also prevents corrosion. As such, fiber reinforced plastics find their usage in industries like aerospace, construction, and marine.

Fiber reinforced plastics are mostly used for specialized applications for which the strength of material needs to be customized as per customer requirements. The industry operates mostly on a value-based pricing scheme with the degree of customization and requirement leading to the price of the product.

Read report summary or request a free sample copy of the report “https://www.grandviewresearch.com/pipeline/fiber-reinforced-plastics-market-procurement-intelligence-report/add-on”

 

Demand Outlook

The global market for fiber reinforced plastic was valued at USD 52.88 billion in 2020 and is expected to grow at a steady CAGR of 6.4% to reach USD 72.12 by 2025. The market can be segregated into glass fibers and carbon fiber, and aramid fiber. Of these, glass fibers have the largest market share as they are cost-effective and have low conductivity.


Cost Drivers

With the aerospace and automobile industries requiring materials sturdier than glass fibers, the requirement for carbon fibers growing. In certain cases, especially in the aerospace industry, there is a niche uptake of aramid fibers. Both these varieties are costlier than glass fibers and helping the market grow from a value-driven perspective.

 

Check out the featured Addon Services offered with Food & Beverage ERP Solution Market Procurement Intelligence Report:

 

About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

 

Our services include (not limited to):

 

·         Market Intelligence involving - market size and forecast, growth factors, and driving trends

·         Price and Cost Intelligence - pricing models adopted for the category, the total cost of ownership

·         Supplier Intelligence - rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

·         Sourcing / Procurement Intelligence - best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption


Browse our other Reports:

 

·         Waste Management Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2021 – 2027

·         Web Hosting Services Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2025

 

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

 

Find More information @ https://www.grandviewresearch.com/pipeline

Contact Information:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Comments

Post a Comment

Popular posts from this blog

Car Rental Services Industry Procurement Intelligence, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2027

  Procurement Outlook The car rental industry has witnessed significant growth in the last ten years due to the increasing penetration of online rental car booking applications. The market is emerging as one of the key segments in the global transportation industry, as  car rental services   not only benefit customers and rental companies but also car manufacturers. Automotive manufacturers have started leasing cars to small rental companies who increase their fleet size without making large investments. There has been a significant increase in global travel in the last few years. Global commuters are increasingly demanding familiar, reliable, and high-quality travel services during their travel. Some regional car rental operators are attempting to leverage this trend by expanding their brand and distribution platforms on a global level. The implementation of an integrated global car rental system is expected to enable these operators to manage their widespread business o...
Read more

Recycled Glass Industry Procurement Intelligence, Low & Best Cost Country, Day One Analysis Report, 2020 – 2027

  Procurement Outlook Growing awareness about the environment and the need of reducing glass waste in driven the need for glass recycling. Glass is 100% recyclable and can be recycled endlessly without loss in quality or purity.  Recycled glass  can be substituted for up to 95% of raw materials. Recycled glass reduces carbon emissions, reduces the consumption of raw materials of glass manufacturing, extends the life of plant equipment, such as furnaces, and saves energy.  Following is the process of industrial glass recycling: Collection of recyclable glass Transportation of recyclable to a material recovery facility (MRF) Collected glass waste is separated by material type Glass from the MRF and drop-off locations is sent to a glass processing company Glass is separated from other waste and contaminants Sorting of glass based on color Glass cullet is sold to glass container manufacturers Glass container manufacturers then use that glass cullet to make new glass cont...
Read more

Battery Cooling Plates Industry Procurement Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence to 2025

Procurement Outlook Battery cooling plates provide a mechanical and thermal interface to regulate the temperature of the  battery  pack. A heated/cooled coolant flows through the cooling surface and keeps the temperature of the battery units within optimum limits. The overall process also helps in extending the life of the battery. While these can be used in any and every segment which require thermal regulation of batteries, cooling plates have seen significant uptake in the automotive industry, especially with the rise of electric and  hybrid vehicles . Demand Outlook The global  battery cooling plates market  was valued at USD 735.8 million in 2020 and is expected to grow at a steady CAGR of 28.1% to reach USD 3,361.1 million by 2025. The market can be segregated by the type of material used to make the battery cooling plates, that is aluminum and steel. Aluminum plates have been gaining significant traction over the last few years with most of the new vehicl...
Read more