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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.
According to our (Global Info Research) latest study, the global Fiberglass market size was valued at USD 8532.6 million in 2022 and is forecast to a readjusted size of USD 11390 million by 2029 with a CAGR of 4.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia-Pacific is the largest market with about 55% market share. North America is follower, accounting for about 20% market share.
The key players are 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 etc. Top 3 companies occupied about 47% market share.
This report is a detailed and comprehensive analysis for global Fiberglass market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Fiberglass market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Fiberglass market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Fiberglass market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Fiberglass market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Fiberglass
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Fiberglass market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Owens Corning, Jushi Group, Taishan Fiberglass (Sinoma), CPIC and Saint-Gobain Vetrotex, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Fiberglass market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Roving Glass Fibers
- Chopped Glass Fibers
- Yarn Glass Fibers
- Others
Market segment by Application
- Construction
- Transportation
- Industrial
- Consumer
- Wind Power
- Others
Major players covered
- 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 by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Fiberglass product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Fiberglass, with price, sales, revenue and global market share of Fiberglass from 2018 to 2023.
Chapter 3, the Fiberglass competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Fiberglass breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Fiberglass market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Fiberglass.
Chapter 14 and 15, to describe Fiberglass sales channel, distributors, customers, research findings and conclusion.