Market Report: The GRP Market Europe 2019
The AVK – Industrievereinigung Verstärkte Kunststoffe – has published its annual market report for glass fibre reinforced plastics (GRP). Total GRP production is unchanged compared to last year at a total volume of 1.141 million tonnes in 2019. The GRP market is expected to stagnate this year after six consecutive years of growth. Germany remains the largest manufacturer of GRP with 225,000 tonnes. Some growth is observed in thermoplastic processes, SMC/BMC and pultrusion.