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.
Rising demand from the construction industry
Cost-effective production of fiberglass in developing countries
Reutilization of glass wool
Development in the wind energy industry
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.
Construction & Infrastructure
By Glass Fiber
Direct and Assembled Roving
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)
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.
We will be happy to help you find what you need.
Frequently Asked Questions ?
A license granted to one user. Rules or conditions might be applied for e.g. the use of electric files (PDFs) or printings, depending on product.
A license granted to multiple users.
A license granted to a single business site/establishment.
A license granted to all employees within organisation access to the product.
Immediate / Within 24-48 hours - Working days
Online Payments with PayPal and CCavenue
You can order a report by picking any of the payment methods which is bank wire or online payment through any Debit/Credit card or PayPal.
Speak to our Custom Research Team and get the Custom Research in a budgetCustomize Request