Learn about the Fiberglass Market growth and developments.
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.
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Discover how we define the Fiberglass Market scope and research approach.
The Fiberglass market research provides comprehensive information on significant aspects, including those that are expected to drive the industry’s growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Fiberglass market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Fiberglass Market is included in the scope of the MMR report.
The report offers a number of new requirements, each with a thorough justification. The Fiberglass Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.
Uncover the regional opportunities and challenges in the Fiberglass Market.
This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research’s geographic analysis makes it possible to comprehend the Fiberglass market situations in various nations. The Fiberglass market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.
Discover key segments driving the growth of the Fiberglass Market :
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)
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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 fiberglass market in 2023 and is anticipated to maintain its dominant position during the forecast period. Electrical grade glass fibers, often known as E-glass, are frequently used in application sectors due to their low electrical conductivity. The physical and mechanical characteristics of low alkali E-glass, such as its low cost, high production rates, high strength and stiffness, high temperature, and resistance to flame and heat, significantly impact the demand for the product. Products made of e-glass are very flexible and resistant to vibration and abrasion. Applications for this lightweight woven plastic cloth are common in the industrial, aerospace, and maritime sectors. The market for fiberglass is anticipated to be driven during the forecast period by the growing use of environmentally friendly
by Product
Glass Wool
Roving
Chopped Strand
Yarn
Others
The fiberglass market is divided into segments based on the product, such as glass wool, yarn, roving, chopped strands, and others. The fiberglass market was dominated by the glass wool segment in 2023 and is anticipated to continue to do so during the forecast period. Glass wool is a common material for insulating against heat and sound in interior spaces. Usually, they are utilized on interior walls, hardwood floors, or under pitched roofs. Since glass wool rapidly loses its insulating properties when exposed to moisture, it is typically found indoors.
by Application
Transportation
Building & Construction
Electrical & Electronics
Pipe & Tank
Consumer Goods
Wind Energy
Others
The market is divided into several segments based on the application, including consumer goods, wind energy, building and construction, electrical and electronics, pipe and tank, and transportation. Due to government regulations like U.S. CAFE standards and carbon emission targets in Europe, which put pressure on OEMs to use lightweight materials to reduce the overall weight of the vehicle, the transportation segment dominated the fiberglass market in 2023 and is expected to hold the largest share of the fiberglass industry during the forecast period. The construction and automotive industries employ the majority of these materials that are produced abroad.
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Learn about the top players driving innovation 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)
Get answers to critical questions shaping the Fiberglass Market
What is Fiberglass ?
What is the growth rate of the Fiberglass Market?
Which are the factors expected to drive the Fiberglass market growth?
What is the CAGR at which the Fiberglass market will grow during the forecast period?
What are the different segments of the Fiberglass Market?
Which is the fastest growing region in the Fiberglass market?
What growth strategies are the players considering to increase their presence in Fiberglass ?
What are the upcoming opportunities and trends for the Fiberglass Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Fiberglass Market?
Who are the leading companies and what are their portfolios in Fiberglass Market?
What segments are covered in the Fiberglass Market?
Who are the key players in the Fiberglass market?
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Get a closer look at the game-changing products driving success :
Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• 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
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