Global Fiberglass Market study includes In-depth Analysis of the market by latest technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis. The Fiberglass Market Report Provides Growth History, Sales Channel, Manufacturers Profiled in Fiberglass Business, Market Share of Product, Application and Regional Scope of Fiberglass which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors to understand the present as well as future market size, situations in terms of growth rate and revenue. This report will help the viewer in Better Decision Making.
Global Fiberglass Market is anticipated to reach USD
21.27 billion by 2025. Fiberglass implies fiber-reinforced plastic where
reinforcement fiber is mainly glass fiber. It is developed by pouring molten
glass via superfine holes. The factors that drive the growth of the fiberglass
industry include an increasing number of wind turbine installations, use of fiberglass
composites by the automotive industry for enhanced performance, and extensive
use of fiberglass in the construction industry. On the other hand, there are
factors that may hamper the growth of the market including high manufacture
cost of fiberglass. Fiberglass Market is anticipated to grow at a significant
CAGR of 5.9% in the upcoming period as the scope, product types, and its
applications are increasing across the globe.
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The market may be explored by type, application, end
user, and geography. The key applications that could be explored in the market
include Composites, and Insulation. The “Composites” segment led the Fiberglass
industry in 2016 and is anticipated to maintain its dominance by 2025. The market
could be explored based on Type as Yarn, Glass Wool, Chopped Strands, and
Roving. The “Wool” segment led the Fiberglass Market in 2016 and is anticipated
to maintain its dominance by 2025 owing to increasing use of glass wool in
construction sector for insulation. The rising construction expenditure in
emerging countries is an important factor expected to drive the demand for
glass wool in the forecast period. “Wool” segment is followed by “Chopped”
segment.
Fiberglass industry may be analyzed by end user as
Building and Construction, Automobiles, Wind Energy, and Aerospace. The
“Automotive” segment led the market in 2016 and is anticipated to maintain its
dominance by 2025 due to the fact that fiberglass is mainly used in
manufacturing of automobile parts such as body panels, decks, load floors,
wheelhouse assemblies, dash panel assemblies, battery boxes, and front fascia.
Some of the key players that fuel the growth of the
Fiberglass industry comprise Jushi Group Co. Ltd., Corning, Taishan Fiberglass
Inc., Zibo Zhuoyi Fiberglass Material Co. Ltd., Chongqing Polycomp
International Corp., Johns Manville, Shandong Fiberglass Group Co. Ltd.,
XingtaiJinniu Fiberglass Co. Ltd., CPIC Abahsain Fiberglass M.E., W.L.L., and
Glasstex Fiberglass Materials Corp. The leading companies are taking up
mergers, and acquisitions, partnerships, and joint ventures in order to boost
the inorganic growth of the industry.
Table of Contents
Chapter 1 Fiberglass Market Overview
1.1 Fiberglass Definition
1.2 Fiberglass Market Size Status and Outlook (2014-2025)
1.3 Global Fiberglass Market Size Comparison by Region
(2014-2025)
1.4 Global Fiberglass Market Size Comparison by Type
(2014-2025)
1.5 Global Fiberglass Market Size Comparison by
Application (2014-2025)
1.6 Global Fiberglass Market Size Comparison by Sales
Channel (2014-2025)
1.7 Fiberglass Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Mergers/Acquisitions/ Expansion)
Chapter 2 Fiberglass Market Segment Analysis by Player
Chapter 3 Fiberglass Market Segment Analysis by Type
And Continue…
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