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Fiber Glass Market By Application (Construction & Infrastructure, Wind Energy, Aerospace, Electronics, Industrial) By Type (Direct and Assembled Roving, Glass Wool, Yarn, Chopped Strand) Global Trends Analysis and Industry Forecast, 2019-2025.

  • Category:Chemicals And Materials
  • Published on:06 February, 2019
  • Pages:120
  • Formats:    
  • Report Code: HMI - 333561
  • Publisher:Genesis Market Insights

Overview

GLOBAL FIBERGLASS MARKET was valued at USD 13.5 Billion in the year 2019. Global Fiberglass Market is further estimated to grow at a CAGR of 6.16% from 2019 to reach USD 19.4 Billion by the year 2025. Asia-Pacific region holds the highest market share in 2019 and it is considered as the fastest growing market in the forecasted period. At a country level, developed markets like China holds a notable market share in 2019 and India is projected to grow at a gradual rate in the coming years.

PPG Industries, Inc. (U.S.), Owens Corning (U.S.), Nippon Electric Glass Co., Ltd. (Japan), Taiwan Glass Ind. Corp. (Taiwan), China Jushi Co., Ltd. (China), CertainTeed Corporation (U.S.) are some of the key players in the Fiberglass market with PPG Industries, Inc. holding considerable market share because of its better global presence both at production and at an operational level. Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top manufacturers in the last 5 years.

Drivers:

Rising demand from the construction industry

Cost-effective production of fiberglass in developing countries

Restraints:

Reutilization of glass wool

Opportunities:

Development in the wind energy industry

Challenges:

Mass production of Fiberglass

Segmentation on the basis of the application includes Construction & Infrastructure, Wind Energy, Aerospace, Electronics, and Industrial of which the Wind Energy segment is expected to hold the highest market share during the forecast period.

Construction & Infrastructure segment of this market is also expected to grow at the highest CAGR of XXX during the year 2019-2025.

Key Benefits for Stakeholders

Fiberglass Manufacturers, Distributors, and Retailers

Research and Consulting organization

Technology Standards Organizations, Forums, Alliances and Associations

End use industries

Regulatory bodies, policy actors, and consumers.

By Application

Construction & Infrastructure

Wind Energy

Aerospace

Electronics

Industrial

Others

By Glass Fiber

A-Glass

E-Glass

S-Glass

Others

By Type

Direct and Assembled Roving

Glass Wool

Yarn

Chopped Strand

By Region

North America

Europe

Asia-Pacific

ROW

Key Market Players

PPG Industries, Inc. (U.S.)

Owens Corning (U.S.)

Nippon Electric Glass Co., Ltd. (Japan)

Taiwan Glass Ind. Corp. (Taiwan)

China Jushi Co., Ltd. (China)

CertainTeed Corporation (U.S.)

(A brief overview of another 13 companies is also provided)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques ?

Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
To avoid bias, we filter the collected data collected from authenticated sources.
GMI has a well proven Statistical Modeling System for estimates and forecasts.
Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.
Detailed customization is also available for you. Further, if the report listed above does not meet with your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.


  • Analysis and forecasts at the global, regional and national levels of the research market; Provide insight into the major countries / regions this industry is blooming and identify regions that have not yet been developed

  • Segment-level analysis by shielding type, thermal application, and application, along with market size predictions and estimates, detail key areas of industrial growth.

  • Identify key market drivers, constraints, opportunities and challenges (DROCs) and their impact on changing market dynamics

  • Study of the effects of exogenous and endogenous factors affecting the global market; Among the macro-environmental factors shown in the extensive PESTLE analysis include demographics, economics and politics.

  • We use Porter's five force analysis to analyze competitive levels and business strategy development to study microenvironmental factors that determine the overall profitability of an industry.

  • A list of key market participants with a portfolio of products to study and maintain the market environment, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview

  • Competitive topographic analysis listing mergers, acquisitions, and collaborations in the field, along with major company new product launches, comparative financial research, and recent developments in the market

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