Fiberglass Market Overview
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “ Fiberglass Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Fiberglass Market, with forecasts outspreading to the year 2030.
In-Depth Automotive Fiberglass Market Report Scope and Research Methodology:
The primary objective of the report is to offer a thorough evaluation of the Fiberglass market, with an emphasis on a strategy centered on the market. This includes grasping the dynamics of the Fiberglass market, major trends, factors driving growth, obstacles, and possible opportunities. Data is collected through both primary and secondary research methods. Interaction with key market players in the Fiberglass industry such as manufacturers, suppliers, vendors, consumers, and specialists via interviews and surveys is done to gather primary data. Secondary data is obtained from various sources such as industry reports, market analyses, company websites, annual reports, trade journals, government publications, and databases.
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Fiberglass Market Growth Highlights:
Fiberglass Market was valued at USD 29.46 Billion in 2023, and it is expected to reach USD 47.94 Billion by 2030, exhibiting a CAGR of 7.2 % during the forecast period (2024-2030)
Fiberglass Market Dynamics
Growing Wind Energy Sector Demand for Power Generation
Marine-grade stranded E-glass fibres that have been sewn together and mixed with a vinyl ester, polyester, or epoxy matrix are frequently used to make fibreglass wind turbine blades. The manufacture of lightweight rotor blades, which has a major impact on driving product demand throughout the predicted period, uses fibreglass fabrics. Growth in fibreglass is anticipated as a result of major manufacturers like GE investing more in the development of wind technology, particularly in fabric wind turbine blades.
Fiberglass Market Segmentation
by Glass Type
E-Glass
ECR-Glass
H-Glass
AR-glass
S-Glass
Others
According to glass type, the E-glass segment led the fibreglass market in 2023 and is anticipated to continue to maintain the most share of the fibreglass market over the projected period. E-glass, or electrical grade glass fibres, are frequently used in application sectors due to their low electrical conductivity. Demand for low alkali E-glass is largely driven by its physical and mechanical attributes, which include low cost, high production rates, high strength and stiffness, high temperature, and flame and heat resistance. Products made of e-glass have great flexibility and a high level of vibration and abrasion resistance. Applications for this lightweight woven plastic cloth include aerospace, industrial, and maritime settings.
by Product
Glass Wool
Roving
Chopped Strand
Yarn
Others
by Application
Transportation
Building & Construction
Electrical & Electronics
Pipe & Tank
Consumer Goods
Wind Energy
Others
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Fiberglass Market Regional Insights
The report focuses on domestic factors to assess the status of the Fiberglass market in different countries across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Fiberglass market is intricately segmented into these well-defined regions, providing a thorough understanding of the demand's makeup and the continuously changing factors in each geographical area.
Key Players in the Fiberglass Market
1. China Jushi Co., Ltd. (China)
2. Xingtai Jinniu Fiberglass (China)
3. Glasstex Fiberglass (China)
4. Chongqing polycomp International Corporation (China)
5. Jushi Group Co., Ltd (China)
6. Taishan Fiberglass (China)
7. Hexcel Corporation (U.S.)
8. Fibre Glast Developments Corp. (U.S.)
9. PPG Industries (US)
10. Owens Corning (US)
11. Phelps Industrial Products LLC. (US)
12. Agy Holdings Corp. (US)
13. CertainTeed Corporation (US)
14. Auburn Manufacturing, Inc. (U.S.)
15. BGF Industries, Inc. (U.S.)
16. Dupont (U.S.)
17. Johns Manville Corp. (US)
18. Nitto Boseki Co., Ltd. (Japan)
19. Nippon Electric Glass (Japan)
20. Asahi Fiberglass Co (Japan)
21. PFG Fiber Glass (Taiwan)
22. Taiwan Glass Ind. (Taiwan)
23. 3B-The Fiberglass Company (Belgium)
24. Knauf Insulation (Belgium)
25. Gurit (Switzerland)
26. Chomarat (France)
27. Saint-Gobain (France)
28. Saertex GmbH & Co.KG. (Germany)
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Key questions answered in the Fiberglass Market are:
- What is Fiberglass ?
- What was the Fiberglass Market size in 2023?
- What is the growth rate of the Fiberglass Market?
- Which are the factors expected to drive the Fiberglass Market growth?
- What are the upcoming opportunities and trends for the Fiberglass Market?
- Who are the leading companies and what are their portfolios in Fiberglass Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Fiberglass Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
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