The Global Fiberglass Market Report 2023 provides comprehensive technical and financial data of the market for the present and foreseeable future. Presented by Astute Analytica, this report is a significant addition to their market research archive, offering an in-depth investigation and analysis of important facets of the global market. The study examines the supply and demand scenario, pricing structure, profit margins, production, and market analysis as major driving forces behind the worldwide Fiberglass Market expansion.
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The report incorporates qualitative and quantitative evaluations from subject-matter experts and representatives across various industries along the supply chain. The global fiberglass market is expected to experience significant revenue growth, with projections indicating a rise from US$ 14,091.7 million in 2022 to US$ 23,217.3 million by 2031. This growth is forecasted to occur at a Compound Annual Growth Rate (CAGR) of 5.6% during the period from 2023 to 2031.
Covering regional trends, market size, prospects for expansion, and important market factors in each region, the report provides a thorough analysis of the global Fiberglass Market. In 2021, the United States Gross Domestic Product (GDP) value reached US$ 23,315.08 billion, according to verified data from the World Bank. Accounting for 10.41% of the global economy, the United States possesses a highly advanced mixed economy. It holds the largest economy in the world by nominal GDP and ranks second in terms of purchasing power parity (PPP), surpassed only by China.
The leading companies mentioned in the report are:
- AGY Holding Corp.
- Asahi Fiberglass Co. Ltd.
- Binani 3B-the Fiberglass Company
- CertainTeed Corporation
- China Jushi Co. Ltd.
- Chongqing Polycomp International Corp. (CPIC)
- Johns Manville Corp.
- Jushi Co. Ltd.
- Knauf Insulation
- Nippon Electric Glass Co. Ltd.
- Owens Corning
- PFG Fiber Glass Co. Ltd.
- Saint-Gobain Vetrotex
- Taisan Fiberglass Inc.
- Taiwan Glass Ind. Corp.
- Other prominent players
Through extensive research, it has been found that big players in the market have adopted various competitive strategies to establish a strong presence. The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries, providing observations on its effects within the report.
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Furthermore, the report categorizes geographical regions into several major segments for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.
The segmentation overview of the global Fiberglass Market includes
By Type:
- A- Glass Fiber
- C- Glass Fiber
- D- Glass Fiber
- E- Glass Fiber
- Advantex Glass Fiber
- ECR Glass Fiber
- AR Glass Fiber
- R- Glass Fiber
- S2 Glass Fiber
- M- Glass Fiber
- Z- Glass Fiber
By Form:
- Tow
- Veil mats
- Woven fabrics
- Chopped strand mat
- Tape
- Rope
- Cloth
- Others
By Manufacturing Process:
- Continuous Filament
- Staple Filament
By Resin:
- Polyester
- Vinyl esters
- Epoxy
- Polyurethanes
- Others
By Industry:
- Aircraft and Aerospace
- Construction Industry
- Consumer Goods
- Corrosion Resistant Equipment
- Electrical devices
- Marine Industry
- Automobile Industry
By Region:
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Italy
- Spain
- Poland
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia & New Zealand
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Argentina
- Brazil
- Rest of Latin America
Overall, Astute Analytica’s report on the global Fiberglass market appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.
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