According the report, Adoption of High-Performance Scraping Materials is one of the primary growth factors for the market. Growth of the Construction Industry in Developing Countries is also expected to contribute significantly to the Fiberglass Reinforced Plastics (FRP) market. Overall, Aerospace applications of Fiberglass Reinforced Plastics (FRP), and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Fiberglass Reinforced Plastics (FRP) market identified that the demand is rising in many different parts of the world as "Increasing Demand for Lightweight Fiberglass Composite in Automotive Industry ". Furthermore, some recent industry insights like "In March 2019, AGY announced the production of a line of new S-2 Glass rovings designed to reinforce high-performance sheet molding compounds (SMC). These new rovings are designed for specific resin compatibility, as well as the unique process requirements of commercial SMC production." is constantly making the industry dynamic. One of the challenges that industry facing is "Fluctuation in the Price of Raw Material"

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Fiberglass Reinforced Plastics (FRP) market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Fiberglass Reinforced Plastics (FRP) market and other related sub-markets covered in the study.

o Key & emerging players in the Fiberglass Reinforced Plastics (FRP) market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Fiberglass Reinforced Plastics (FRP) market size is calculated using market estimation process, the Fiberglass Reinforced Plastics (FRP) market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Fiberglass Reinforced Plastics (FRP) market size has been validated using both top-down and bottom-up approaches.