Fiberglass Market Share, Business Size and Industry Forecast 2030

Fiberglass Market Share, Business Size and Industry Forecast 2030

Fiberglass Market Report Overview

Maximize Market Research releases reports that facilitate clients' comprehensive comprehension of the Fiberglass Market structure. The report, a fusion of primary and secondary research, offers comprehensive insights into the Fiberglass market, encompassing trade statistics, prominent players, and a multitude of market metrics.

Market Values:

Fiberglass Market was valued at USD 29.46 Billion in 2023, and it is expected to reach USD 47.94 Billion by 2030, exhibiting a CAGR of 7.2 % during the forecast period (2024-2030)

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Fiberglass Market Report Scope and Research Methodology

The report incorporates business statistics and analytical insights, facilitating an easily comprehensible grasp of the Fiberglass market's key aspects such as size, market share, growth, trends, demand, top players, industry profile, opportunities, value cycle, end-users, types, and applications. The estimation of the global and regional Fiberglass market size was executed through a bottom-up approach. The report employs both primary and secondary research methodologies to present a clear depiction of the Fiberglass market structure.

In the secondary research method, data was culled from a curated set of sources, focusing on Fiberglass key players and capturing current and historical industry trends. This information sourced through secondary research underwent validation via primary research, wherein industry experts were interviewed. The report also delves into growth opportunities in micro and macro markets, aiding stakeholders in making informed investments. It provides a comprehensive analysis of the competitive landscape and the offerings of significant Fiberglass competitors. Additionally, the report employs SWOT analysis to outline the strengths and weaknesses of the Fiberglass market.

Fiberglass Market Segmentation

by Glass Type

E-Glass
ECR-Glass
H-Glass
AR-glass
S-Glass
Others


According to glass type, the E-glass segment led the fibreglass market in 2023 and is anticipated to continue to maintain the most share of the fibreglass market over the projected period. E-glass, or electrical grade glass fibres, are frequently used in application sectors due to their low electrical conductivity. Demand for low alkali E-glass is largely driven by its physical and mechanical attributes, which include low cost, high production rates, high strength and stiffness, high temperature, and flame and heat resistance. Products made of e-glass have great flexibility and a high level of vibration and abrasion resistance. Applications for this lightweight woven plastic cloth include aerospace, industrial, and maritime settings.

by Product

Glass Wool
Roving
Chopped Strand
Yarn
Others

 

The fibreglass market is divided into segments based on the product, including glass wool, yarn, roving, chopped strands, and others. The fibreglass market was dominated by the glass wool segment in 2023 and is anticipated to remain so for the duration of the forecast period. A common material for indoor thermal and acoustic insulation is glass wool. They are most commonly utilised on interior walls, on hardwood floors, and under pitched roofs. Since glass wool quickly loses its insulating properties when exposed to moisture, it is typically seen inside homes.

by Application

Transportation
Building & Construction
Electrical & Electronics
Pipe & Tank
Consumer Goods
Wind Energy
Others

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Fiberglass Market Regional Analysis

The report has been segmented into many key countries. This section provides a detailed analysis of the Fiberglass market in all the regions with their key countries including market size, CAGR, and import and export. The regions and their countries studied are:

  1. North America- U.S., Canada, Mexico
  2. Europe- UK, Germany, France, Spain, Rest of Europe
  3. Asia Pacific- China, India, Japan, Australia, South Korea, Asian Countries, Rest of APAC
  4. South America- Brazil
  5. Middle East and Africa.

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)

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Key Questions answered in the Fiberglass Market Report are:

  • How has the Fiberglass market performed so far and how will it perform in the coming years?
  • What is the market segmentation of the global Fiberglass market?
  • What is the regional breakup of the global Fiberglass market?
  • What are the price trends of various feedstocks in the Fiberglass industry?
  • What is the structure of the Fiberglass industry and who are the key players?
  • What are the various unit operations involved in a Fiberglass processing plant?
  • What is the total size of land required for setting up a Fiberglass processing plant?
  • What is the layout of a Fiberglass processing plant?
  • What are the machinery requirements for setting up a Fiberglass processing plant?
  • What are the raw material requirements for setting up a Fiberglass processing plant?
  • What are the packaging requirements for setting up a Fiberglass processing plant?
  • What are the transportation requirements for setting up a Fiberglass processing plant?
  • What are the utility requirements for setting up a Fiberglass processing plant?
  • What are the human resource requirements for setting up a Fiberglass processing plant?
  • What are the infrastructure costs for setting up a Fiberglass processing plant?
  • What are the capital costs for setting up a Fiberglass processing plant?
  • What are the operating costs for setting up a Fiberglass processing plant?
  • What should be the pricing mechanism of the final product?
  • What will be the income and expenditures for a Fiberglass processing plant?
  • What is the time required to break even?
  • What are the profit projections for setting up a Fiberglass processing plant?
  • What are the key success and risk factors in the Fiberglass industry?
  • What are the key regulatory procedures and requirements for setting up a Fiberglass processing plant?
  • What are the key certifications required for setting up a Fiberglass processing plant?

Key Offerings:

  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segments with their sub-segments and region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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