Press release
Fiberglass Market Overview Till 2023 Industry Insights Trends Analysis and Forecast
Jushi Group Co. Ltd (China),
AGY Holding Corp. (U.S.),
Saint-Gobain Vetrotex (Europe),
PPG Industries Inc. (US),
Owens Corning (US),
Taiwan Glass Industry Corporation (Taiwan),
Taishan Fiberglass Inc (China),
PFG FIBER GLASS CORPORATION (Taiwan),
Fiber Glass Industries Inc (US),
W. L. Gore & Associates, Inc (US).
This Fiberglass Market Research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.
Each and every segment type and their sub types are well elaborated to give a better idea about this market during the forecast period of 2016 to 2023 respectively.
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Fiberglass Market Overview:
The Global Fiberglass Market is expected to witness a significant growth of USD 20.32 billion by 2023 with CAGR of 9.2% between 2016 and 2023.
Fiberglass which is also known as spun glass, glass-reinforced plastic (GRP), glass-fiber reinforced plastic (GFRP) or Glasfaserverstärkter Kunststof (GFK) is a reinforced plastic material containing glass fibers in a resin matrix. It has lightweight, moderate tensile and compressive strength and is easy to handle and machine, and excellent electrical properties.
Fiberglass is used in a varied range of industrial applications and is the most easily available and cheapest composite fabric. Fiberglass has found in various end use industry such as aerospace, automotive, construction, electrical, pharmaceutical, industrial, and others. The growing automotive and electrical industry on account of developing domestic as well as commercial market particularly in Asia-Pacific and North America has boosted the global fiberglass market over the forecasted period. On the other hand, environment & health related issues and unstable prices of raw materials are major restraining factors of the fiberglass market which can hamper the growth of global fiberglass market.
Data integration and capabilities are analyzed to support the findings and study the predicted geographical segmentations. Various key variables and regression models were considered to calculate the trajectory of fiberglass market. Detailed analysis is explained and given importance to with best working models.
Fiberglass Regional Analysis:
Presently, Asia Pacific region is the major market of fiberglass due to demand in various applications such as automotive and electrical industry especially in China, India followed by Japan. Whereas, increasing demand in construction industry in developing countries such as India, Indonesia, and Thailand made Asia Pacific largest consumer of the global fiberglass market followed by increasing in the consumption of Fiberglass market in North America region. Furthermore, Europe region hold third position for the global fiberglass market due to large consumption in pharmaceutical, construction, and electrical industry. In addition, Latin America and Middle East also witnessed in growth of fiberglass market due to various end user industry such as aerospace, automotive, construction, electrical, pharmaceutical, industrial, and others.
Fiberglass Table of Content:
1 Executive Summary
2 Scope Of The Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview Of Global Fiber Glass Market
6 Market Trends
7 Global Fiber Glass Market By Types
8 Global Fiber Glass Market By Applications
9 Global Fiber Glass Market By End User
10 Global Fiber Glass Market By Region
11 Company Landscape
12 Company Profiles
13 Conclusion
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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