FiberGlass reinforced polymer market

Fiberglass reinforced polymer is by far the most popular fiber reinfoced polymer in the market, leaving behind it’s other common species: carbon fiber, aramid fiber and basalt fiber. It surely does not mean fiberglass has the best properties amongst fiber reinforced polymer. But the quality – price ratio seems to be most suitable for nowadays market.
The main competitor for all fiber reinforced polymers is steel. The general superiorities of FRPs to steel, which is the traditional reinforcing material for concrete structures, include excellent corrosion resistance and electromagnetic neutrality; high ratio of strength to mass density; excellent fatigue resistance, especially CFRP and AFRP; cost-effective fabrication; low axial thermal expansivity, especially CFRP [1]. Though FRP is proved to be better in many ways than steel, the situation in market has not changed drastically, steel is still the main option for reinforcing polymery in Lithuania’s construction industry.
There are up to 10 various companies distributing GFRP’s prudction in Lithuania, most of them being just distributors, mainly importing FRP from Russia. Just 2 companies in Lithuania specializes in production. One of them UAB “Armatūrė” (Ltd) agreed on sharing it’s information on commodity circulation, customers and managing.
Starting their production in the end of 2016, UBA “Armatūrė” maneged to make 10,000 € annual turnover in their first year of 2017. In next two years company stayed on stable growth making 15,000 € in 2018 and 22,000 € in 2019 annual turnover with very little effort in advertising. Despite...

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