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Fiberglass Market Impact of Existing and Emerging Flexible Trends and Top Key Players - Nittobo, Advanced Glassfiber Yarns, Binani-3B, Jiangsu Jiuding, Lanxess | Global Forecasts 2020 - 2025
Fiberglass Market analyses the Industry Status, Size, Share, Emerging Trends, Growth Opportunity, Competition landscape and Forecast to 2024. This report also provides data on Patterns, Improvements, Target Business Sectors, Limits and Advancements.Global Fiberglass Market overview:
Detailed Study on Fiberglass Market is growing at a CAGR during Forecasts year 2024. This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.
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Fiberglass is a common type of fiber-reinforced plastic using glass fiber. The fibers may be randomly arranged, flattened into a sheet or woven into a fabric. The plastic matrix may be a thermoset polymer matrix, most often based on thermosetting polymers such as epoxy, polyester resin, or vinylester, or a thermoplastic.
The Global Fiberglass Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Fiberglass Market is sub segmented into Roving Glass Fibers, Chopped Glass Fibers, Yarn Glass Fibers. The glass wool segment accounted for the largest share of the fiberglass market in 2018. This segment is projected to lead the market in terms of both, value and volume during the forecast period. Increased usage of glass wool in the construction & infrastructure end-use industries and high thermal insulation property are driving this segment. Based on End Use Industry segment, the Fiberglass Market is sub segmented into Construction, Transportation, Industrial, Consumer, Wind Power.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
Latest Industry Updates:
Nittobo:- Glass Fiber Division continues to pursue unlimited possibilities and lead the glass fiber manufacturing industry.
In the glass fiber business, having succeeded the first industrialization of glass fiber in Japan, we provide products for a wide range of applications, with consistent coverage from yarn manufacturing to glass cloth processing and to composite materials development. Among these, micro-unit, ultra-thin glass cloth is employed as an important precision material for electronic devices that are constantly being downsized, light-weighted and functionally improved such as computers and cellular phones, and its quality is receiving high appraisal throughout the world.
In the glass wool business, we spearheaded the manufacturing of glass wool in Japan, for housing materials, etc. and are regarded as the pioneer of heat insulation materials with our unique technologies. In particular, high performance glass wool contributes to an energy-saving society as heat insulation materials for very airtight and highly heated insulating houses.
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The Asia-Pacific region is projected to register a highest growth in the market between 2019 and 2023. The growing end-user industry is the key driver of the market in the region. Europe is projected to witness a slow growth during the forecast period due to stringent environment norms in the region. North America is the largest market for Fiberglass followed by Asia-Pacific. The increasing demand from the water treatment segment coupled with the rising demand from reviving Technology industry is driving the market for Fiberglass in North America.
Some of the Fiberglass Market manufacturers involved in the market are 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, Acquisitions and effective mergers are some of the strategies adopted by the Fiberglass Market manufacturers. New product launches and continuous technological innovations are the Fiberglass Market strategies adopted by the major players.
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Table of Contents:
Global Fiberglass Market Report 2020
1 Fiberglass Definition
2 Global Fiberglass Market Major Player Share and Market Overview
3 Major Player Fiberglass Business Introduction
4 Global Fiberglass Market Segmentation (Region Level)
5 Global Fiberglass Market Segmentation (Product Type Level)
6 Global Fiberglass Market Segmentation (Industry Level)
7 Global Fiberglass Market Segmentation (Channel Level)
8 Fiberglass Market Forecast 2020-2024
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