Press release
Glass Fibers Market Continues Rapid Growth at a CAGR of 3.4%, Study Reveals Size for Emerging Segments by 2030 | Owens Corning, Jushi Group, Nippon Electric Glass
Report Description: -QY Research's latest report 'Glass Fibers Market 2024 Report' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The correct methodology and staff will be matched to the company need through marketing reports, which may involve survey work, in-depth interviews, or a combination of methodologies. A skilled group of analysts collects, evaluates, and synthesises the data to complete difficult assignments without establishing unreasonably high standards.
The global market for Glass Fibers was estimated to be worth US$ 11170 million in 2023 and is forecast to a readjusted size of US$ 14040 million by 2030 with a CAGR of 3.4% during the forecast period 2024-2030
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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.
Global key players of glass fibers include Owens Corning, Jushi Group, Nippon Electric Glass, etc. The top three players hold a share about 51%. China is the largest producer, has a share about 62%, followed by North America and Europe, with share 14% and 12%, respectively. The largest market is China, with a share about 53%, followed by North America and Europe, with share 20% and 14%, separately.
This report aims to provide a comprehensive presentation of the global market for Glass Fibers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Glass Fibers.
Top Key Players Included:
Owens Corning, Jushi Group, Nippon Electric Glass, CPIC, Taishan Fiberglass (Sinoma), Advanced Glassfiber Yarns, Binani-3B, Johns Mansville, Nittobo, Saint-Gobain Vetrotex, BASF, Lanxess, DSM, SABIC, Avient, DuPont, Solvay, Celanese, RTP, Evonik, Daicel, Kolon, Denka, Kingfa
Glass Fibers Market Scenarios
The report throws light on the competitive landscape, segmentation, geographical expansion, and revenue, production, and consumption growth of the Glass Fibers market. Glass Fibers Market Size, Growth Analysis, Industry Trend, and Forecast, offers details of the factors influencing the global business scope. This report provides future products, joint ventures, marketing strategy, developments, mergers and acquisitions, marketing, promotions, revenue, import, export, CAGR values, the industry as a whole, and the particular competitors faced are also studied in the large-scale market.
Glass Fibers Market competitive landscapes provide details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The data points provided are only related to the company's focus related to Glass Fibers markets. Leading global Glass Fibers market players and manufacturers are studied to give a brief idea about competitions.
Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report. The report focuses on the operation and their competitive landscape present within the market. Identification of numerous key players of the market will help the reader perceive the ways and collaborations that players will need to understand the competition within the global Glass Fibers market.
Glass Fibers Market Segmentation: -
Our market analysts are experts in deeply segmenting the global Glass Fibers market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the global Glass Fibers market, taking into consideration the market potential of different segments studied. the Segmentation allows businesses to better understand their target audience and tailor their marketing strategies and offerings to specific segments. Here are two common ways to segment a market: by type and by application.
Segmentation By Type :
General-Purpose Glass Fibers, Special-Purpose Glass Fibers
Segmentation By Application :
Building & Construction, Electronics, Transportation, Others
Studies of Methodology:-
The report has its roots truly set in thorough techniques provided with the aid of proficient facts analysts. the study's methodology includes the collection of information through analysts simplest to have them studied and filtered thoroughly in an try to provide good sized predictions approximately the marketplace over the evaluate length. The research method further consists of interviews with main market influencers, which makes the primary research applicable and realistic. The secondary methods give a direct peek into the demand and deliver connection. The market methodologies followed within the record offer specific facts analysis and provide a tour of the whole marketplace. Each number one and secondary techniques to data collection were used. in addition to these, publicly available assets together with annual reviews, and white papers had been utilized by records analysts for an insightful know-how of the marketplace.
Regional Analysis:-
The following phase of the report gives valuable insights into distinct regions and the key players working inside every of them. To evaluate the increase of a particular region or economic, social, environmental, technological, and political factors have been carefully taken into consideration. The segment also provides readers with revenue and sales records for each vicinity and accrued via comprehensive research. This record is supposed to assist readers in Figuring out the ability fee of an investment in a particular region.
→ North America (U.S., Canada, China)
→ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
→ Asia-Pacific (Japan, South Korea, China Taiwan, Southeast Asia, India)
→ Middle East, Africa, Latin America (Brazil, Mexico, Turkey, Israel, GCC Countries)
Market Overview
1.1 Glass Fibers Product Introduction
1.2 Global Glass Fibers Market Size Forecast
1.2.1 Global Glass Fibers Sales Value (2019-2030)
1.2.2 Global Glass Fibers Sales Volume (2019-2030)
1.2.3 Global Glass Fibers Sales Price (2019-2030)
1.3 Glass Fibers Market Trends & Drivers
1.3.1 Glass Fibers Industry Trends
1.3.2 Glass Fibers Market Drivers & Opportunity
1.3.3 Glass Fibers Market Challenges
1.3.4 Glass Fibers Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Glass Fibers Players Revenue Ranking (2023)
2.2 Global Glass Fibers Revenue by Company (2019-2024)
2.3 Global Glass Fibers Players Sales Volume Ranking (2023)
2.4 Global Glass Fibers Sales Volume by Company Players (2019-2024)
2.5 Global Glass Fibers Average Price by Company (2019-2024)
2.6 Key Manufacturers Glass Fibers Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Glass Fibers Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Glass Fibers
2.9 Glass Fibers Market Competitive Analysis
2.9.1 Glass Fibers Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Glass Fibers Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Glass Fibers as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 General-Purpose Glass Fibers
3.1.2 Special-Purpose Glass Fibers
3.2 Global Glass Fibers Sales Value by Type
3.2.1 Global Glass Fibers Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Glass Fibers Sales Value, by Type (2019-2030)
3.2.3 Global Glass Fibers Sales Value, by Type (%) (2019-2030)
3.3 Global Glass Fibers Sales Volume by Type
3.3.1 Global Glass Fibers Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Glass Fibers Sales Volume, by Type (2019-2030)
3.3.3 Global Glass Fibers Sales Volume, by Type (%) (2019-2030)
3.4 Global Glass Fibers Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Building & Construction
4.1.2 Electronics
4.1.3 Transportation
4.1.4 Others
4.2 Global Glass Fibers Sales Value by Application
4.2.1 Global Glass Fibers Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Glass Fibers Sales Value, by Application (2019-2030)
4.2.3 Global Glass Fibers Sales Value, by Application (%) (2019-2030)
4.3 Global Glass Fibers Sales Volume by Application
4.3.1 Global Glass Fibers Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Glass Fibers Sales Volume, by Application (2019-2030)
4.3.3 Global Glass Fibers Sales Volume, by Application (%) (2019-2030)
4.4 Global Glass Fibers Average Price by Application (2019-2030)
Continue ....
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FAQ's:
What strategies of big players help them acquire a share in the regional market?
What are influencing factors driving the demand for Glass Fibers near future?
What is the impact analysis of various factors in the Global Glass Fibers growth?
What are the recent trends in the regional market and how successful they are?
What opportunity the country would offer for existing and new players in the Glass Fibers?
What are the key findings of the SWOT and Porter's five analysis?
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