Fiberglass Market - Global Industry Analysis

Fiberglass Market

Fiberglass Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Category: Chemical & Materials Report Format : PDF Report Code: ZMR-1183 Status : Upcoming

Description

Global Fiberglass Market: Overview

Fiberglass is kind of the fiber-reinforced plastic where reinforcement fiber is particularly glass fiber. They are formed by pouring molten glass via superfine holes. They may be woven into a fabric or compressed into a sheet and randomly arranged. Plastic matrix may be thermosetting plastic such as vinyl ester, epoxy, and polyester resin. They are employed in major applications such as piping, composites, storage tanks, insulations, filament winding, and house building. Fiberglass is lightweight and strong in nature; hence, it is used to develop various products. Broadly used fiberglass available in the market are yarns and roving fiberglass. Fiberglass is used to form the essential material that is needed to build fiberglass seats for Kart racing and racecar body.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Fiberglass Market: Growth Factors

Rising demand for fiberglass in lightweight automobiles and aircraft is expected to drive the global fiberglass market growth. Increasing trend of replacing heavier metal components by lighter weight fiberglass has created immense growth opportunities, stirring up the demand in the potential markets. In addition, plentiful use of fiberglass in wind turbines makes the wind energy sector a valuable revenue generator for the fiberglass. Many manufacturers engaged in manufacturing low-cost fiberglass may drive the global fiberglass market growth. The global market shows augmenting results due to increasing adoption in insulations and composites. The advantages it offers from roofing to external door skins and aircraft to septic tanks is anticipated to contribute to the growth in future.

Global Fiberglass Market: Segmentation

The global fiberglass market if divided based on type as yarns and roving. Based on the application, the global market is classified as insulation, composites, and others. Of these, composites accounted for the largest market share globally. Geographically, the global fiberglass market is segmented as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Global Fiberglass Market: Regional Analysis

North America contributed for the largest market share in the global fiberglass market. It may continue a similar trend in the near future. The rapid expansion of the fiberglass industry and increasing demand for composites and insulations in North America is projected to propel the growth in the global market. Europe is following the same trend owing to high demand for fiberglass. This region shows a considerable growth due to the presence of large number manufacturers. Huge capital investment in composites segment may drive the global market in Europe. Asia Pacific shows significant growth in the near future owing to escalating growth in the fiberglass manufacturing activities. China is a major consumer of fiberglass. The presence of major end-user industries such as wind energy, consumer electronics, construction, and others contributed for the largest market share in China. Asia Pacific and North America are directly impacted by the exponential growth in population, which enhances the overall demand for general engineering and automobiles industries.

Global Fiberglass Market: Competitive Players

Major players in the global fiberglass market are Owens Corning, Jushi Group, and Saint-Gobain Vetrotex.

Global Fiberglass Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Table Of Content

Choose License Type

  • zion payment modes

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed