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Fiberglass Roving Market 2023 Analysis By Size, Share, Growth, Trends Up To 2032 | Saertex GmbH, Saint-Gobain S.A., PPG Industries Inc., Owens Corning, China Jushi Co. Ltd
Fiberglass Roving Global Market Report
The Business Research Company's Fiberglass Roving Global Market Report 2023 identifies the growing demand from the wind energy sector is expected to propel the growth of the fiberglass roving market going forward. The wind energy sector refers to an industry engaged in developing, producing, constructing, and maintaining wind turbines and other ejaculatory power devices. In the wind energy sector, fiberglass roving allows to produce larger wind turbine blades, which helps to enhance the energy output of turbines. It is a material that the wind energy industry uses to make nacelles and wind turbine blades.
The global fiberglass roving market is expected to grow from $8.06 billion in 2022 to $8.8 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The fiberglass roving market is expected to reach $12.04 billion in 2027 at a CAGR of 8.2%.
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Major players in the fiberglass roving market are Saertex GmbH, Saint-Gobain S.A., PPG Industries Inc., Owens Corning, China Jushi Co. Ltd., Nippon Electric Glass Co. Ltd., Taiwan Glass Ind. Corp., Taiwan Glass Industry Corporation, Johns Manville, Knauf Insulation, Nitto Boseki Co. Ltd., Chongqing Polycomp International Corporation, Jiangsu Jiuding New Material Co. Ltd., AGY Holding Corp., Chomarat Group, AGY Holdings Corp., 3B - the fiber glass company, Fiberlay Inc., Nittobo America Inc., Saint-Gobain Vetrotex, Taishan Fiberglass Inc., China Beihai Fiberglass Co. Ltd., PFG Fiberglass Corporation,P-D Glasseiden GmbH, PFG Fiberglass Corporation, and Glass Fiber Technology Co. Ltd.
A key trend in the Fiberglass Roving market includes the Product innovations are the key trend gaining popularity in the fiberglass roving market. Major companies operating in the fiberglass roving market are focused on developing innovative products to strengthen their position in the market.
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The Fiberglass Roving market is segmented -
1) By Product Type: Single-End Roving, Multi-End Roving, Chopped Roving
2) By Fiberglass Type: E-glass, ECR-glass, H-glass, AR-glass, S-glass
3) By Application: Electrical And Electronics, Transportation, Construction And Infrastructure, Pipes And Tanks, Energy, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Fiberglass Roving market.
The Business Research Company's "Global Fiberglass Roving Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Fiberglass Roving Market Include:
1. Executive Summary
2. Fiberglass Roving Market Characteristics
3. Fiberglass Roving Market Trends And Strategies
4. Fiberglass Roving Market - Macro Economic Scenario
5. Fiberglass Roving Market Size And Growth
……
27. Fiberglass Roving Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fiberglass Roving Market
29. Fiberglass Roving Market Future Outlook and Potential Analysis
30. Appendix
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