Press release
Fiberglass Market will reach 9260 million US$ in 2023
Glass fibers are the materials consisting of extremely fine glass fibers, used in making various products, such as yarns, fabrics, insulators, and structural objects or parts. It is also called spun glass.
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Global Fiberglass Market: Forecast by Type / Application / Region
The global Glass Fiber industry has a rather high concentration. The major manufacturers are concentrated in Asia-Pacific, North America and Europe, such as Owens Corning, Jushi Group, PPG Industries, CPIC and Taishan Fiberglass (Sinoma). At present, Owens Corning is the world leader, holding 26.01% sales market share in 2017.
Glass Fiber downstream is wide and recently Glass Fiber has acquired increasing significance in various fields of Construction, Transportation, Industrial, Consumer, Wind Power and others. Globally, the Glass Fiber market is mainly driven by growing demand for Construction and Transportation. They account for nearly 61.97% of total downstream consumption of Glass Fiber in global.
Glass Fiber can be mainly divided into Roving Glass Fibers, Chopped Glass Fibers, Yarn Glass Fibers and Others. Roving Glass Fibers captures about 64.27% of Glass Fiber market in 2017. Glass Fiber can be also divided into E-Glass, E-CR-Glass, S-Glass and Others. E-Glass captures about 68.66% of Glass Fiber market in 2017.
The worldwide market for Fiberglass is expected to grow at a CAGR of roughly 3.7% over the next five years, will reach 9260 million US$ in 2023, from 7430 million US$ in 2017, according to a new GIR (Global Info Research) study.
Global Nonferrous Metal Recycling Market:Key Players
Owens Corning
Jushi Group
Taishan Fiberglass (Sinoma)
CPIC
Saint-Gobain Vetrotex
PPG Industries
Nippon Electric Glass
Johns Mansville
Nittobo
Advanced Glassfiber Yarns
Binani-3B
Sichuan Weibo
Jiangsu Jiuding
Lanxess
Changzhou Tianma
Ahlstrom
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Related Information:
United States Fiberglass Market 2018 Forecast to 2023
Europe Fiberglass Market 2018 Forecast to 2023
North America Fiberglass Market 2018 Forecast to 2023
Asia-Pacific Fiberglass Market 2018 Forecast to 2023
China Fiberglass Market 2018 Forecast to 2023
EMEA Fiberglass Market 2018 Forecast to 2023
Global Fiberglass Market 2018 Forecast to 2023
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