For the sixth consecutive year the GRP (Glass fibre Reinforced Plastics) market grew in the European countries surveyed in the report that has been established by the German professional organization for the composites industries AVK, in collaboration with CCeV.
Despite the advances, strong growth and many innovations in other segments of the composites industry, GRPs remain the dominant material in the composites market with a market share of over 95%.
As in previous years, the generally positive trend in the European GRP market is more complex than it first appears with very strong regional and process-specific differences.
Open mould-processes (hand-lay-up and spray-up) are growing at only 0,4%; the market for thermoplastic systems is increasing by almost 5%.
This year the Southern European countries (e.g. Spain) are enjoying above-average growth while production volumes in most Norhern European manufacturing countries are stagnant.