Fiber material

Global Fiberglass Market (2021 to 2026) – Growing Need for Wind Power Presents Opportunities – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–Report “Fiberglass: Global Markets 2021-2026” has been added to from ResearchAndMarkets.com offer.

The global fiberglass market is estimated to grow from $10.4 billion in 2021 to approximately $12.8 billion by 2026, at a compound annual growth rate (CAGR) of 4.1% at during the forecast period 2021-2026.

The Global Glass Wool Market is estimated to grow from USD 3.2 Billion in 2021 to USD 3.8 Billion by 2026, at a CAGR of 3.0% during the forecast period 2021- 2026.

The Global Fiberglass Strand Market is estimated to grow from USD 2.4 Billion in 2021 to USD 3.2 Billion by 2026, at a CAGR of 5.4% during the forecast period 2021 -2026.

This report will cover the fiberglass industry. Definitive and detailed global market estimates and forecasts are provided, followed by detailed analysis of regions, glass types, resin types, product types, end-uses, and ongoing trends.

This report covers technological, economic and business considerations of the Fiberglass industry, with analysis and forecast provided for global markets. The report contains descriptions of market forces relevant to the fiberglass industry and their application areas.

Global markets are shown for fiberglass segment size, along with growth forecast to 2026. Sales value estimates are based on price in the supply chain. The driving forces of the market and the structure of the industry are examined. International aspects are analyzed for all regions of the world and all types of fiberglass. Profiles of major global manufacturers are presented.

This report examines the impact of COVID-19. In 2020, the growth rate of all industries in the world was impacted by the pandemic. In addition to taking measures to confine their respective countries to contain the spread of the coronavirus, especially in the affected cities, various governments around the world are also taking the necessary measures to contain the economic downturn.

The fiberglass market is further segmented based on its type of glass: S-Glass, C-Glass, E-Glass, ECR-Glass and others. The market can be segmented by resin type as polyesters, vinylester, epoxy, polyamide, polypropylene and others. The market can be segmented by product type into glass wool, rovings, yarns, strands and others. The market is also segmented into end uses such as transportation, automotive, marine, aerospace, construction, electrical & electronics, power & electrical, pipes & tanks, consumer goods and others.

The report includes:

  • 236 data tables

  • An up-to-date analysis of current and future global fiberglass technology markets

  • Global market trend analyses, with historical data from 2020, estimates to 2021, and compound annual growth rate (CAGR) projections to 2026

  • Assessing and forecasting the fiberglass market size in terms of value and volume, and analyzing their corresponding market share by type of glass, resin, product, application, end-user and geographical region

  • Understanding of upcoming market opportunities and areas of focus to forecast this market across various segments and sub-segments

  • Country-specific data and market value analysis for United States, Canada, Mexico, Brazil, China, India, Japan, United Kingdom, Germany, France, Italy, Russia and GCC countries

  • Identification of key market drivers, opportunities, restraints and other macroeconomic forces influencing the demand for fiberglass

  • Detailed review of fiberglass manufacturing process, technology assessment, industry economic and business considerations, and value chain analysis

  • Discussion of the competitive landscape and market share analysis of major companies operating in the fiberglass industry, along with their proprietary technologies, strategic alliances and other development strategies

Market dynamics

Drivers

  • Increase in demand from automotive and transport industry

  • Increase in demand for electric vehicles

  • Growth in the construction industry

Constraints

  • Volatile commodity prices for composites

  • Tendencies

  • Recycling of glass wool compared to traditional disposal

Opportunities

  • Growing need for wind power

Companies cited

  • China Jushi Co.,Ltd. (China National Building Material Co., Ltd.)

  • Chongqing Polycomp International Corp.

  • Glasstex Fiberglass Materials Corp.

  • Johns Manville (Berkshire Hathaway Inc.)

  • Nippon Electric Glass Co., Ltd.

  • Owens Corning

  • PFG Fiber Glass Corp. (Nan-Ya-Plastics)

  • Saint-Gobain (Vetotrex)

  • Taishan Fiberglass Inc.

  • Xingtai Jinniu Glass Fiber Co.,Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/p2hb98