Stratistics MRC에 따르면 세계의 FRP 시트 및 패널 시장은 2025년에 14억 달러를 차지하고 예측 기간 동안 CAGR은 9.0%로 성장해 2032년에는 25억 달러에 이를 것으로 예측됩니다.
FRP(섬유 강화 플라스틱) 시트 및 패널은 플라스틱 매트릭스(일반적으로 폴리 에스테르, 비닐 에스테르, 에폭시 수지)를 유리 섬유로 강화 한 복합재료입니다. 가볍고 설치가 쉽고 유지 보수가 최소화됩니다.
국제자동차공업회(OICA)에 따르면 2019년 세계 자동차 생산 대수는 약 9,178만대로 전년 2018년에 비해 5.2% 감소했습니다.
경량화와 고성능 요구
가벼운 고성능 소재에 대한 수요 증가는 FRP 시트 및 패널 시장에 긍정적인 영향을 미칩니다. 효율성 향상, 구조적 무결성, 수명 연장이 가능해 현대의 엔지니어링과 지속가능성의 목표에 부합하고 있습니다. 그 결과, 제조업체는 진화하는 성능 기준을 충족하기 위해 선진적인 FRP 제품을 혁신하고 있으며, 시장의 성장과 채용을 세계적으로 크게 뒷받침하고 있습니다.
높은 초기 비용
초기 비용이 높아 FRP 시트 및 패널 시장의 성장을 크게 방해하고 있습니다. 이러한 비용으로 FRP 제품은 기존 대체품에 비해 경쟁력이 떨어지기 때문에 시장 침투가 제한되어 FRP가 제공하는 장기적인 이점에도 불구하고 인프라와 산업용도의 보급률이 둔화되고 있습니다.
내식성과 내환경성
FRP 시트와 패널의 내식성과 내환경성은 다양한 산업분야에서 수요를 크게 밀어 올리고 있습니다. FRP는 녹슬거나 썩거나 열화하기 어렵기 때문에 유지 보수 비용이 낮고 수명이 길어집니다.
기술력과 의식의 부족
기술적 기술과 의식의 부족은 적절한 설치, 취급 및 유지 보수 실천을 제한함으로써 FRP 시트 및 패널 시장의 큰 방해가 되어 성능 불량, 수명 저하, 고객 불만이 발생하여 채용이 저해됩니다. 최종 사용자와 건설 전문가들은 FRP의 장점에 익숙하지 않기 때문에 기존의 재료를 선호하는 경우가 많습니다.
COVID-19의 영향
COVID-19 팬데믹은 세계 공급망의 혼란, 노동력 부족, 건설·산업 활동 정지로 FRP 시트 & 패널 시장에 파괴적인 영향을 주었습니다. 빌딩 건설 등 주요 최종 용도 섹터 수요가 감소했습니다. 그러나 경제가 서서히 재개되고 산업 활동이 재개됨에 따라 인프라 투자의 재개와 경량으로 내구성있는 소재에 대한 수요 증가에 힘입어 시장은 회복되기 시작했습니다.
예측기간 동안 운송분야가 최대가 될 전망
자동차, 철도, 항공우주산업에서 경량, 내구성, 내식성이 뛰어난 재료에 대한 수요가 높아짐에 따라 예측기간 동안 운수분야가 최대 시장 점유율을 차지할 것으로 예측됩니다. 바디 패널, 바닥재, 구조 부품에 최적입니다. 에너지 효율과 배출 가스 삭감이 중시됨에 따라, 제조업체는 FRP 솔루션을 채용하게 되어, 상용차, 여객 수송, 공공 수송의 각 용도로 시장의 성장을 뒷받침하고 있습니다.
탄소섬유분야는 예측기간 중 가장 높은 CAGR이 예상된다.
예측 기간 동안 탁월한 강도 대 중량비, 내식성, 내구성으로 인해 탄소섬유 분야가 가장 높은 성장률을 보일 것으로 예측됩니다. 따라서 강도를 유지한 채로 구조 중량을 줄일 수 있어 에너지 효율과 비용 절감으로 이어집니다.
예측기간 중 아시아태평양은 급속한 산업화, 건설활동 확대, 경량이고 내식성이 우수한 재료에 대한 수요가 높아짐에 따라 최대 시장 점유율을 차지할 것으로 예측됩니다. 지속가능성과 에너지효율에 대한 의식의 고조가 자동차, 해양, 빌딩 건설을 포함한 다양한 분야에서의 FRP 제품의 채용을 더욱 뒷받침하고 있으며, 아시아태평양은 주요 성장거점이 되고 있습니다.
예측 기간 동안 북미는 가장 높은 CAGR을 나타낼 것으로 예측됩니다. 이는 건설, 자동차 및 운송과 같은 산업에서 가볍고 내구성이 있으며 내식성이 높은 재료에 대한 수요가 있기 때문입니다. 또한, 엄격한 환경 규제나, 종래의 재료를 대신하는 낮은 유지관리 재료에 대한 기호의 고조가, 시장 확대를 한층 더 밀어주고 있습니다. 기술의 진보와 복합재 제조에 대한 투자 증가 또한 시장의 호조인 궤도에 기여하고 있습니다.
According to Stratistics MRC, the Global FRP Sheets & Panels Market is accounted for $1.4 billion in 2025 and is expected to reach $2.5 billion by 2032 growing at a CAGR of 9.0% during the forecast period. FRP (Fiber-Reinforced Plastic) sheets and panels are composite materials made by reinforcing a plastic matrix-typically polyester, vinyl ester, or epoxy resin-with fiberglass. These materials are known for their high strength-to-weight ratio, corrosion resistance, and durability, making them ideal for use in construction, automotive, marine, and industrial applications. FRP sheets and panels are lightweight, easy to install, and require minimal maintenance. They offer excellent resistance to moisture, chemicals, and harsh environmental conditions. Commonly used as wall and ceiling coverings, protective linings, and structural components, FRP sheets and panels are a cost-effective solution for environments requiring strength and long-lasting performance.
According to the International Organization of Motor Vehicle Manufacturers (OICA), the worldwide automotive production in 2019 is about 91.78 million vehicles which declined by 5.2% compared to the previous year 2018.
Lightweight & High-Performance Requirements
The growing demand for lightweight and high-performance materials is positively impacting the FRP Sheets & Panels market. Industries such as automotive, aerospace, and construction are increasingly adopting FRP solutions due to their superior strength-to-weight ratio, corrosion resistance, and durability. These characteristics enable enhanced fuel efficiency, structural integrity, and longer service life, aligning with modern engineering and sustainability goals. As a result, manufacturers are innovating advanced FRP products to meet evolving performance standards, significantly boosting market growth and adoption globally.
High Initial Costs
High initial costs significantly hinder the growth of the FRP Sheets & Panels Market. The expensive raw materials, advanced manufacturing technologies, and specialized labor required for production raise the upfront investment, discouraging adoption-especially among small and medium enterprises. These costs make FRP products less competitive compared to traditional alternatives, thereby limiting market penetration and slowing down the rate of infrastructure and industrial applications, despite the long-term benefits FRP offers.
Corrosion & Environmental Resistance
The corrosion and environmental resistance of FRP sheets and panels significantly boosts their demand across various industries. Their ability to withstand harsh chemicals, extreme temperatures, and moisture makes them ideal for applications in marine, construction, and industrial settings. Unlike traditional materials, FRP does not rust, rot, or degrade easily, leading to lower maintenance costs and longer service life. This durability enhances cost-effectiveness and sustainability, driving adoption and fueling growth in the FRP sheets and panels market globally.
Lack of Technical Skill & Awareness
The lack of technical skill and awareness significantly hinders the FRP Sheets & Panels market by limiting proper installation, handling, and maintenance practices. This results in performance failures, reduced lifespan, and customer dissatisfaction, thereby discouraging adoption. Additionally, end-users and construction professionals often prefer traditional materials due to unfamiliarity with FRP benefits. This knowledge gap creates barriers to market penetration, especially in developing regions, ultimately slowing the overall growth of the FRP industry.
Covid-19 Impact
The COVID-19 pandemic destructively impacted the FRP Sheets & Panels market due to disruptions in global supply chains, labor shortages, and halted construction and industrial activities. Lockdowns and restrictions delayed infrastructure projects and reduced demand across key end-use sectors like transportation and building construction. However, as economies gradually reopened and industrial activities resumed, the market began to recover, supported by renewed infrastructure investments and growing demand for lightweight, durable materials.
The transportation segment is expected to be the largest during the forecast period
The transportation segment is expected to account for the largest market share during the forecast period, due to growing demand for lightweight, durable, and corrosion-resistant materials in automotive, rail, and aerospace industries. FRP sheets and panels enhance fuel efficiency, reduce vehicle weight, and improve performance, making them ideal for body panels, flooring, and structural components. With increasing emphasis on energy efficiency and emission reduction, manufacturers are adopting FRP solutions, thereby fueling market growth across commercial vehicles, passenger transport, and public transit applications.
The carbon fiber segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the carbon fiber segment is predicted to witness the highest growth rate, due to its exceptional strength-to-weight ratio, corrosion resistance, and durability. Carbon fiber-reinforced FRP sheets offer superior mechanical performance, making them ideal for aerospace, automotive, and construction applications. Their lightweight nature reduces structural weight while maintaining strength, leading to energy efficiency and cost savings. Increasing demand for high-performance materials in advanced industries continues to boost the adoption of carbon fiber-based FRP sheets and panels globally.
During the forecast period, the Asia Pacific region is expected to hold the largest market share due to rapid industrialization, expanding construction activities, and rising demand for lightweight, corrosion-resistant materials. Countries like China, India, and Japan are investing heavily in infrastructure and transportation, boosting the need for durable composite materials. Additionally, increasing awareness about sustainability and energy efficiency further fuels the adoption of FRP products across various sectors, including automotive, marine, and building construction, making Asia Pacific a key growth hub.
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to demand for lightweight, durable, and corrosion-resistant materials across industries such as construction, automotive, and transportation. The region's focus on infrastructure modernization and energy-efficient building materials is boosting adoption. Additionally, stringent environmental regulations and growing preference for low-maintenance alternatives to traditional materials are further driving market expansion. Technological advancements and rising investments in composite manufacturing are also contributing to the market's positive trajectory.
Key players in the market
Some of the key players profiled in the FRP Sheets & Panels Market include Crane Composites, Inc., Hill & Smith Holdings PLC, Rochling, Brianza USA Corporation, Captrad Ltd, Kal-Lite, Kalwall, Panolam Industries International, Inc., Redwood Plastics and Rubber, Strongwell Corporation, Tower Tech, Taizhou Zhongsheng FRP Co., Ltd, Plascore Incorporated, Poliya Composite Resins and Polymers Inc., Louisiana-Pacific Corporation, Vadyar Boats Pvt. Ltd. and Fibergrate Composite Structures.
In June 2025, Strongwell (USA), announced a new European distributor agreement with Module Solutions & Systems AS (MSS) of Norway. The distribution agreement marks a strategic step in expanding Strongwell's international footprint by providing improved access to Strongwell's composite solutions across Europe and beyond.
In November 2021, Strongwell has launched STRONGIRT(R), a pultruded, all-fiberglass FRP support system designed for continuous insulation cladding on commercial buildings. It's lightweight, thermally efficient, and offers superior corrosion resistance and pull-out strength compared to traditional metal systems.