Fiberglass Sunscreen Market Size, Share, Trends, Value 2030

Global Fiberglass Sunscreen Market Size Analysis

The global Fiberglass Sunscreen market size accrued earnings worth approximately 1.82 (USD Billion) in 2020 and is predicted to gain revenue of about 2.19 (USD Billion) by 2028, is set to record a CAGR of nearly 5.2% over the period from 2021 to 2028.

The report offers an assessment and analysis of the Fiberglass Sunscreen market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Fiberglass Sunscreen Market: Overview

Fiberglass sunscreen offers protection against moisture, folding, abrasion, winding, and unwinding. In addition to this, large-scale use of fiberglass sunscreens in buildings as the insulating agent will create lucrative avenues for fiberglass sunscreen business in the years ahead. Apparently, fiberglass is utilized for producing vehicle & aircraft body parts due to its lightweight as well as high-strength features. Massive awareness about sustainable energy sources will increase deployment of wind turbines as well as solar panels, thereby propping up the growth of the fiberglass sunscreen industry.

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Fiberglass Sunscreen Market: Growth Dynamics

Massive use of fiberglass in production of blades of wind turbines will drive fiberglass sunscreen market trends. In addition to this, utilization of fiberglass in consumer products, as well as electronic goods, will steer the expansion of fiberglass sunscreen industry during forecast period. Apparently, large-scale spending on interior designing and a bulging population resulting in an increase in construction activities will steer the fiberglass sunscreen industry growth. Additionally, surge in per capita income of consumers will create new growth avenues for the fiberglass sunscreen market over the forecast timespan.

Furthermore, swift urbanization leading to surge in household numbers will impel fiberglass sunscreen market growth during forecast period. Growth of ecommerce industry has resulted in massive sale of fiberglass sunscreens via online & offline retail channels, thereby propelling growth of fiberglass sunscreen industry. Apart from this, spread of COVID pandemic and need for minimizing warehousing, logistics, and supply chain costs has led to rise in online retail sale of the product, thereby enhancing size of fiberglass sunscreen market. Moreover, fiberglass sunscreens have lesser impact on environment & can be recycled and hence have increased market demand. Large-scale product usage in green buildings for reducing GHG emissions in atmosphere along with its use for reducing AC & heating charges will boost market growth.

Fiberglass Sunscreen Market: Report Scope

Fiberglass Sunscreen Market Regional Landscape

North America To Dominate Overall Market Growth By 2028

The regional market growth over forecast timeline is owing to rise in spending on renovations & refurbishments by people in the U.S. and Canada. Apart from this, need for interior designing & decorations in residential & commercial buildings will drive regional market trends. Large-scale presence of key participants in the sub-continent will add lucratively to market size in region over the assessment period.

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Fiberglass Sunscreen Market Competitive Landscape

Key participants profiled in study include 

• Phifer
• Luxaflex
• APLUS
• Mermet Corporation
• Changzhou Bestex Technical Textile CO., Ltd.
• Fulltech Fiber Glass Corporation
• Helioscreen
• Groupeve
• WUXI EV Window Decoration Co.,Ltd.
• Hongyuan Environtech Co., Ltd.

The global Fiberglass Sunscreen Market is segmented as follows:

By Application

• Corporate Buildings
• Hotels
• Residential
• Educational & Government Institutes
• Hospitals & Clinics

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa