Fiberglass Market

Fiberglass - Global Market Outlook (2019-2027)

4.9 (53 reviews)
Published: July 2020 ID: SMRC19590
4.9 (53 reviews)
Published: July 2020 ID: SMRC19590

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Fiberglass Market is accounted for $17.10 billion in 2019 and is expected to reach $34.07 billion by 2027 growing at a CAGR of 9.0% during the forecast period. Some of the key factors propelling the market growth are growing construction industry, increased use of fiberglass in the automotive sector, and the increasing popularity of renewable energy. However, difficulty in the recycling of glass wool is the restraining factor for the growth of the market.

Fiberglass is made by pouring molten glass through superfine holes. It is considered to be a type of fiber-reinforced plastic, in which the reinforced fiber is specifically glass fiber. Fiberglass is utilized to develop varied products owing to its strength and lightweight.

By application, the composites segment is expected to grow at a significant market share during the forecast period owing to the increasing use of composites in a wide array of end-use industries. Based on geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the large population, the presence of key players, and rapid urbanization in the developing economies.

Some of the key players in Fiberglass Market include Saint-Gobain, Nippon Electric Glass Co, Owens Corning, AGY Holding Corp, KCC Corporation, Nitto Boseki Co, Taiwan Glass Ind Corp, Taishan Fiberglass Inc, China Jushi Co, Saertex GmbH & Co Kg, Johns Manville Corp, Certainteed Corporation, Binani 3b-The Fibreglass Company, Soda Sanayii As, Knauf Insulation, Chongqing Polycomp International Corp, Asahi Fiberglass Co, and PFG Fiber Glass.

Resin Types Covered:
• Thermoplastic Resins (Peek)
• Thermoset Resins

Glass Types Covered:
• S-Glass
• E-Glass
• H-Glass
• ECR-Glass
• AR-Glass
• R-Glass
• Other Glass Types

Products Covered:
• Assembled Roving
• Chopped Strand
• Glass Wool
• Yarn
• Direct Roving
• Surface Tissue
• Roofing Tissues
• Woven Roving
• Other Products

Technologies Covered:
• Compression Molding
• Pultrusion
• Injection Molding
• Layup
• Filament Winding
• Resin Infusion Molding

Forms Covered:
• Cloth
• Pellets
• Rope
• Tape
• Mats

Applications Covered:
• Insulation
• Composites
• Liquid

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China        
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance

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