Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global GFRP Composites market in this environment.
In terms of revenue, this research report indicated that the global GFRP Composites market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of GFRP Composites industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ?BASF aims at producing XX GFRP Composites in 2020, with XX % production to take place in global market, ????Lanxess accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of GFRP Composites Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in GFRP Composites Market?
BASF
Lanxess
DSM
SABIC
PolyOne
DuPont
Solvay
Hexion
Celanese
RTP
SI Group
Sumitomo Bakelite
Evonik
Daicel
Kolon
Denka
Kingfa Science and Technology
Genius
Shanghai PRET Composites
...
Major Type of GFRP Composites Covered in XYZResearch report:
Polyester
Vinyl Ester
Epoxy
Polyurethane
Others
Application Segments Covered in XYZResearch Market
Transportation
Electrical & Electronics
Construction & Infrastructure
Aerospace & Defense
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global GFRP Composites Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Polyester -Product Introduction and Major Manufacturers
1.1.2 Vinyl Ester -Product Introduction and Major Manufacturers
1.1.3 Epoxy -Product Introduction and Major Manufacturers
1.1.4 Polyurethane -Product Introduction and Major Manufacturers
1.1.5 Others -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global GFRP Composites Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China GFRP Composites Market
3.1.1 Top Companies leading GFRP Composites Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China GFRP Composites Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU GFRP Composites Market
3.2.1 Top Companies leading GFRP Composites Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU GFRP Composites Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA GFRP Composites Market
3.3.1 Top Companies leading GFRP Composites Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA GFRP Composites Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan GFRP Composites Market
3.4.1 Top Companies leading GFRP Composites Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan GFRP Composites Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India GFRP Composites Market
3.5.1 Top Companies leading GFRP Composites Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India GFRP Composites Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia GFRP Composites Market
3.6.1 Top Companies leading GFRP Composites Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia GFRP Composites Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America GFRP Composites Market
3.7.1 Top Companies leading GFRP Composites Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America GFRP Composites Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 GFRP Composites Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on GFRP Composites Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global GFRP Composites Sales and Growth Rate (2021-2026)
5.2 Global GFRP Composites Sales Value and Growth Rate (2021-2026)
6 GFRP Composites Competitive Analysis
6.1 BASF
6.1.1 BASF Company Profiles
6.1.2 BASF Product Introduction
6.1.3 BASF GFRP Composites Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Lanxess
6.2.1 Lanxess Company Profiles
6.2.2 Lanxess Product Introduction
6.2.3 Lanxess GFRP Composites Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 DSM
6.3.1 DSM Company Profiles
6.3.2 DSM Product Introduction
6.3.3 DSM GFRP Composites Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 SABIC
6.4.1 SABIC Company Profiles
6.4.2 SABIC Product Introduction
6.4.3 SABIC GFRP Composites Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 PolyOne
6.5.1 PolyOne Company Profiles
6.5.2 PolyOne Product Introduction
6.5.3 PolyOne GFRP Composites Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 DuPont
6.6.1 DuPont Company Profiles
6.6.2 DuPont Product Introduction
6.6.3 DuPont GFRP Composites Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Solvay
6.7.1 Solvay Company Profiles
6.7.2 Solvay Product Introduction
6.7.3 Solvay GFRP Composites Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Hexion
6.8.1 Hexion Company Profiles
6.8.2 Hexion Product Introduction
6.8.3 Hexion GFRP Composites Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Celanese
6.9.1 Celanese Company Profiles
6.9.2 Celanese Product Introduction
6.9.3 Celanese GFRP Composites Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 RTP
6.10.1 RTP Company Profiles
6.10.2 RTP Product Introduction
6.10.3 RTP GFRP Composites Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 SI Group
6.12 Sumitomo Bakelite
6.13 Evonik
6.14 Daicel
6.15 Kolon
6.16 Denka
6.17 Kingfa Science and Technology
6.18 Genius
6.19 Shanghai PRET Composites
7 Conclusion
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