The global fiberglass market is likely to reach USD 15.79 Billion by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to the rising demand for insulated building roofs and walls. The low heat distribution gradient and non-conductive nature of fiberglass, which make it suitable for utilization in the construction of insulated roofs and walls, has driven the fiberglass market. Extensive usage of fiberglass composites across various industries, such as chemical petrochemical, oil gas, pulp paper, offshore drilling, mining mineral, waste wastewater, metal processing, and food processing industries, is contributing to the fiberglass market. A key factor driving the market is that fiberglass composites are highly customizable and they offer several advantages over traditional materials.
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The report provides detailed insights into Fiberglass market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Fiberglass market size over the forecast period, 2020–2028. The report includes profiles of major players in the Fiberglass market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
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Global Fiberglass market revenue growth is primarily driven by a variety of factors and trends, some of which include rising focus by major companies on product/service expansion into new and untapped domestic and international markets, rising investments in strategic agreements and mergers, and rapidly growing competition in the Fiberglass market.
Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Fiberglass market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Fiberglass market revenue growth to a significant extent over the forecast period.
Top key vendors in Fiberglass Market include are:
TAISHAN FIBERGLASS INC. (CTG),
Owens Corning,
Nippon Electric Glass Co., LTD.,
Binani 3B-The Fibreglass Company,
China Jushi Co., Ltd.,
Taiwan Glass Ind Corp.,
PFG Fiber Glass (Kunshan) Co., Ltd.,
Johns Manville Corp.,
Knauf Insulation, and
AGY Holding Corp.
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Type Outlook (Revenue, USD Billion; 2017–2027)
- Roving
- Glass Wool
- Chopped Strands
- Yarn
- Others
- Application Outlook (Revenue, USD Billion; 2017–2027)
- Composites
- Insulation
- End-use Outlook (Revenue, USD Billion; 2017–2027)
- Wind Energy
- Automobiles
- Aerospace
- Building Construction
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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Fiberglass Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
Region wise performance of the Fiberglass industry
North America Fiberglass market revenue growth was relatively higher than that of other regional markets in 2020. North America market revenue is expected to continue to remain dominant over the forecast period, supported majorly by robust presence of major players in countries in the region and expansion of overall economic Fiberglass growth strategies and initiatives.
Asia Pacific Fiberglass market revenue registered the fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Fiberglass market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. Increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries are some key factors driving Fiberglass market revenue growth in Asia Pacific.
Europe Fiberglass market revenue is expected to continue to remain steady over the forecast period. This can be attributed to changing Fiberglass market trends in countries in other major regions and robust focus on research and development initiatives by major firms in the region with the objective to leverage opportunities and drive Fiberglass revenue growth.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Fiberglass industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Fiberglass market across different regions?
- Who are the major driving forces expected to decide the fate of the Fiberglass industry worldwide?
- Who are the prominent market players making a mark in the Fiberglass market with their winning strategies?
- Which Fiberglass industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Fiberglass market?
Table of Content
Chapter 1. Methodology Sources
1.1. Fiberglass Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Fiberglass Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Fiberglass Market Segmentation Impact Analysis
4.1. Fiberglass Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Fiberglass Market indicators analysis
4.2.2. Fiberglass Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Fiberglass Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Fiberglass products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Fiberglass Market Revenue Share By Manufacturers
10.2. Mergers Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East Africa
10.5.2.5. Latin America
10.5.3. Others
Continued….
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