Chemicals and Materials Fiber Reinforced Polymer (FRP) Panels & Sheets Mar

The report "Fiber Reinforced Polymer (FRP) Panels & Sheets Market by Application
(Recreational Vehicles, Building & Construction, Truck & Trailers, and Others), and by
Region - Global Forecasts to 2021", published by MarketsandMarkets, The market size was
USD 740.0 Million in 2015 and is projected to reach USD 1,084.7 Million by 2021,
registering a CAGR of 6.53% between 2016 and 2021.
Browse 69 market data Tables and 39 Figures spread through 124 Pages and in-depth TOC
on "Fiber Reinforced Polymer (FRP) Panels & Sheets Market"
https://www.marketsandmarkets.com/Market-Reports/frp-panels-and-sheets-market-
201108918.html
Early buyers will receive 10% customization on this report.
Recovery of recreational vehicles and its increasing demand to drive the FRP panels
& sheets market
FRP panels & sheets are widely used in recreational vehicles for sidewall panels, roof
panels, door skins, floor panels, and so on, as they have superior strength-to-weight ratio
than other traditional panels & sheets. The demand for recreational vehicles is driven by
low fuel prices and interest rates, rise in number of baby boomers engaging in leisure
activities, improved economy, rising costs of airlines, and demand for new recreational
vehicles from younger generation. After the economic recession of 2008-2009, the
shipment of recreational vehicles increased from 165,700 units in 2009 to 374,100 units in
2015. Thus, with the increase in demand for these vehicles, the demand for FRP panels &
sheets is also rising owing to its features such as lightweight, high performance, and low
maintenance cost in comparison to metals.