Fiberglass Market Growth, Industry Trends and Future Opportunities for 2029

Fiberglass Market expected to reach USD 44.73 Billion by 2029, exhibiting a CAGR of 7.2 % during the forecast period (2023-2029).

Fiberglass Market Report Scope and Research Methodology

Report Scope:

The "Fiberglass Market Trends, Values, and Regional Insights" report offers an in-depth analysis of the global Fiberglass Market, including key market drivers, restraints, and regional dynamics. This report explores market values, the scope of the market, research methodology, and insightful data.

Research Methodology:

Our research methodology involved extensive data collection and analysis. Initially, we conducted primary research to gather revenue information from key market vendors. To effectively segment the market, we considered different glass types, products, and applications. Primary research included interviews with industry experts and stakeholders. Secondary research comprised reviewing annual reports and financial data of leading manufacturers.

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What are Fiberglass Market Dynamics?

Market Drivers:

Wind Energy Growth: The demand for lightweight and durable fiberglass in wind turbine blades, particularly in Asia Pacific, is boosting market growth. Investments by key manufacturers like GE in wind technology are expected to drive fiberglass growth.

Electrical and Electronics: The use of fiberglass textiles in printed circuit boards (PCBs) is increasing with the growth of the electronics sector, driving demand for fiberglass fabric.

Market Restraints:

High Production Costs: The fiberglass industry faces capital-intensive production costs and significant machinery expenses. Regulatory requirements for emissions control add to the production costs, affecting product pricing.

Fiberglass Market Segmentation?

by Glass Type

1. E-Glass
2. ECR-Glass
3. H-Glass
4. AR-glass
5. S-Glass
6. Others

by Product

1. Glass Wool
2. Roving
3. Chopped Strand
4. Yarn
5. Others

by Application

1. Transportation
2. Building & Construction
3. Electrical & Electronics
4. Pipe & Tank
5. Consumer Goods
6. Wind Energy
7. Others

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Who are Fiberglass Market Key Players?

1. China Jushi Co., Ltd. (China)
2. Xingtai Jinniu Fiberglass (China)
3. Glasstex Fiberglass (China)
4. Chongqing polycomp International Corporation (China)
5. Jushi Group Co., Ltd (China)
6. Taishan Fiberglass (China)
7. Hexcel Corporation (U.S.)
8. Fibre Glast Developments Corp. (U.S.)
9. PPG Industries (US)
10. Owens Corning (US)
11. Phelps Industrial Products LLC. (US)
12. Agy Holdings Corp. (US)
13. CertainTeed Corporation (US)
14. Auburn Manufacturing, Inc. (U.S.)
15. BGF Industries, Inc. (U.S.)
16. Dupont (U.S.)
17. Johns Manville Corp. (US)
18. Nitto Boseki Co., Ltd. (Japan)
19. Nippon Electric Glass (Japan)
20. Asahi Fiberglass Co (Japan)
21. PFG Fiber Glass (Taiwan)
22. Taiwan Glass Ind. (Taiwan)
23. 3B-The Fiberglass Company (Belgium)
24. Knauf Insulation (Belgium)
25. Gurit (Switzerland)
26. Chomarat (France)
27. Saint-Gobain (France)
28. Saertex GmbH & Co.KG. (Germany)

Table of content for the Fiberglass Market includes:

Part 01: Executive Summary

Part 02: Scope of the Fiberglass Market Report

Part 03: Global Fiberglass Market Landscape

Part 04: Global Fiberglass Market Sizing

Part 05: Global Fiberglass Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

Asia Pacific Dominance: Asia Pacific, with its growing population, industrialization, and urbanization, leads the fiberglass market. China, India, South Korea, and Australia contribute significantly to market growth. The region benefits from low-cost labor and available land for industrial development.

North America Growth: The building industry recovery and expansion drive the fiberglass market in North America. The region's aerospace, military, electrical, and electronics industries generate substantial demand for fiberglass.

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