According to the recent study the FRP panel market is projected to reach an estimated $1.4 billion by 2026 from $1.0 billion in 2020, at a CAGR of 5.0% from 2021 to 2026. Growth in this market is primarily driven by increasing residential and commercial construction activities and rising demand for durable, corrosion resistant, lightweight products in the construction and truck and trailer industries.
