What are the benefits of GRP?

Could you please elaborate on the various advantages associated with GRP? I'm particularly interested in understanding its practical applications and the potential cost savings it offers. Could you also discuss how it compares to other materials in terms of durability and sustainability? Additionally, are there any specific industries or scenarios where GRP excels the most? I'm keen to learn about the versatility of this material and how it can be effectively utilized in various settings. Thank you for your insights.