Fiberglass Market

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.
The global Glass Fiber industry has a rather high concentration. The major manufacturers are concentrated in Asia-Pacific, North America and Europe, such as Owens Corning, Jushi Group, PPG Industries, CPIC and Taishan Fiberglass (Sinoma). At present, Owens Corning is the world leader, holding 26.01% sales market share in 2020.
Glass Fiber downstream is wide and recently Glass Fiber has acquired increasing significance in various fields of Construction, Transportation, Industrial, Consumer, Wind Power and others. Globally, the Glass Fiber market is mainly driven by growing demand for Construction and Transportation. They account for nearly 61.97% of total downstream consumption of Glass Fiber in global.
Glass Fiber can be mainly divided into Roving Glass Fibers, Chopped Glass Fibers, Yarn Glass Fibers and Others. Roving Glass Fibers captures about 64.27% of Glass Fiber market in 2020. Glass Fiber can be also divided into E-Glass, E-CR-Glass, S-Glass and Others. E-Glass captures about 68.66% of Glass Fiber market in 2020.
Global Fiberglass market size will increase to 10000 Million US$ by 2026, from 7430 Million US$ in 2020, at a CAGR of 3.8% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Fiberglass.

This report covers the present status and the future prospects of the global Fiberglass market for 2015-2026.
The report offers detailed coverage of Fiberglass industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Fiberglass by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Owens Corning, Jushi Group, Taishan Fiberglass (Sinoma), CPIC, Saint-Gobain Vetrotex, PPG Industries, Nippon Electric Glass, Johns Mansville, Nittobo, Advanced Glassfiber Yarns, Binani-3B, Sichuan Weibo, Jiangsu Jiuding, Lanxess, Changzhou Tianma, Ahlstrom

Market Segment as follows:
Market by Order Type

Roving Glass Fibers
Chopped Glass Fibers
Yarn Glass Fibers
Others
Fiberglass Breakdown Data by Application
Construction
Transportation
Industrial
Consumer
Wind Power
Others

Fiberglass Production market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Fiberglass market for the forecast period 2021 - 2026?
• What are the driving forces in the Fiberglass market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Fiberglass industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.