The Summary of the Fiberglass Market Report
The MMR offers a concise depiction of the “Fiberglass Market” industry, delivering an in-depth analysis of the Fiberglass market. It emphasizes standard subjects while tailoring data to suit specific requirements. This overview serves as a comprehensive guide for investors seeking insights into the current landscape of the Fiberglass industry.
Fiberglass Market Expansion
Fiberglass Market was valued at USD 27.49 Billion in 2022, and it is expected to reach USD 44.73 Billion by 2029, exhibiting a CAGR of 7.2 % during the forecast period (2023-2029)
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The extent and research methodology of the Fiberglass Market report
The Fiberglass market report delineates present and past growth trajectories, encompassing the market’s Compound Annual Growth Rate (CAGR), size, forecasts, revenue share, and pricing trends. It also delves into industry-specific challenges, lucrative prospects, and technological advancements that empower key players to augment revenue and foster growth. Additionally, the report explores ongoing and future trends propelling the evolution of the Fiberglass market. It includes an analysis of the competitive landscape, forthcoming technical innovations, and financial details pertinent to the Fiberglass industry. Comprehensive company profiles, encompassing capacity, manufacturing, pricing, costs, revenue, and statistics, alongside SWOT analyses (Strengths, Weaknesses, Opportunities, and Threats), are incorporated. The assessment of the Fiberglass market size by value and volume employs a bottom-up approach, gathering information through primary and secondary research methodologies.
Fiberglass Market-Related Perspectives
This section within the Fiberglass market report provides a meticulous analysis of various regions, namely North America, Asia Pacific, Europe, South America, and the Middle East and Africa, along with their respective key countries. It offers an in-depth examination of trends and significant players within each region, furnishing detailed insights into their revenues and business operations.
Fiberglass Market Divisibility
by Glass Type
1. E-Glass
2. ECR-Glass
3. H-Glass
4. AR-glass
5. S-Glass
6. Others
According to Glass Type, the E-glass segment held the greatest fibreglass market share over the projection period and led the fibreglass industry in 2022. 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. The fibreglass market is anticipated to be pushed during the forecast period by the growing utilisation of environmentally friendly
by Product
1. Glass Wool
2. Roving
3. Chopped Strand
4. Yarn
5. Others
The fibreglass market is divided into segments based on the product, including glass wool, yarn, roving, chopped strands, and others. The fibreglass market was dominated by the glass wool segment in 2022 and is anticipated to remain so for the duration of the forecast period. A common material for indoor thermal and acoustic insulation is glass wool. They are most commonly utilised on interior walls, on hardwood floors, and under pitched roofs. Since glass wool quickly loses its insulating properties when exposed to moisture, it is typically seen inside homes.
by Application
1. Transportation
2. Building & Construction
3. Electrical & Electronics
4. Pipe & Tank
5. Consumer Goods
6. Wind Energy
7. Others
The market is divided into several segments according to the application, including wind energy, consumer products, building and construction, pipe and tank, electrical and electronics, and transportation. Because OEMs are under pressure to use lightweight materials to reduce the overall weight of their vehicles due to government regulations like U.S. CAFE standards and carbon emission targets in Europe, the transportation segment led the fibreglass market in 2022 and is expected to hold the largest share of the fibreglass industry during the forecast period. Most of these materials that are produced abroad are utilised in the construction and automotive sectors.
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Fiberglass Market Key Competitors include
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)
Principal Products/Services:
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Segment, sub-segments and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Table of content for the Fiberglass Market includes:
Part 01: Executive Summary
Part 02: Scope of the Fiberglass Market Report
Part 03: Fiberglass Market Landscape
Part 04: Fiberglass Market Sizing
Part 05: Fiberglass Market Segmentation
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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