Fiberglass Mold Market Massive Growth with Top Key Players: Gurit Holding AG, Janicki Industries, TPI Composites, SCHÜTZ GmbH & Co. KGaA, Dencam Composites, Norco Composites & GRP, Indutch Composites Technology, Shandong Shaungyi Technology

Global Fiberglass Mold Industry was valued at USD $310 Million in the year 2019. Global Fiberglass Mold Industry is further estimated to grow at a CAGR of 8.8% from 2019 to reach USD $509 Billion by the year 2025. Fiberglass molding is a process in which fiberglass reinforced resin plastics are formed into useful shapes. The process usually involves first making a mold and then using the mold to make the fiberglass component. The fiberglass mold process begins with an object known as the plug or buck. This is an exact representation of the object to be made. The plug can be made from a variety of materials, usually certain types of foam.

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Major market players in Fiberglass Mold are Gurit Holding AG, Janicki Industries, TPI Composites, SCHÜTZ GmbH & Co. KGaA, Dencam Composites, Norco Composites & GRP, Indutch Composites Technology, Shandong Shaungyi Technology, EUROS GmbH, Molded Fiber Glass Companies, and brief information of 5 more companies provided in the report.

After the plug has been formed, it is sprayed with a mold release agent. The release agent will allow the mold to be separated from the plug once it is finished. The mold release agent is a special wax, and/or PVA (Polyvinyl alcohol). Polyvinyl alcohol, however, is said to have negative effects on the final mold's surface finish.

The Fiberglass Mold Industry is witnessing a significant growth because of the increasing demand from various industries such as wind energy, automotive & transportation, and marine. This molds are helpful in providing lightweight, dimensionally accurate, and strong composite materials.

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APAC is the largest Fiberglass Mold Industry, in terms of both volume and value. India, Japan, China, South Korea, Australia are the fast-growing economies that contribute to the growth of the industry in the region. The booming automotive & transportation and industry and wind energy are bolstering the market for fiberglass mold in the region. APAC accounted for the largest number of wind energy installations globally in 2017, which has created demand for fiberglass molds in the region.

Fiberglass Mold Industry Overview, By End-Use Industry
 Wind Energy
 Marine
 Aerospace & Defense
 Automotive & Transportation
 Construction & Infrastructure

Fiberglass Mold Industry, By Resin Type
 Epoxy
 Vinyl Ester
 Polyester

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Fiberglass Mold Industry Overview, By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa

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