Automobile and Automotive

Fiberglass Market– Global Industry Analysis and Forecast (2019-2026)

Written by Gaarti

 

Fiberglass Market is expected to reach USD 24.37 Billion by 2026 from USD XX Billion in 2019 at a CAGR of XX %.

 

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

 

Fiberglass Market

 

Usage of fiber glass for the manufacturing of automobile and aircraft body parts owing to its high strength and lightweight properties is estimated to drive the market growth. Also, use of fiberglass in building and construction sector for insulation and composite applications will further augment the growth of fiber glass market.

 

Glass wool is segmented is expected to be one of the major contributors for the market during the forecast period. This is due to its wide applications in residential construction and rapid urbanization in emerging economies.

 

Based on application, composites segment is expected to hold one of the largest shares of the market during the forecast period. Composite use in lightweight vehicle fabrication is gaining popularity.

 

Geographically, the Asia Pacific is expected to be one of the largest markets for fiberglass. India is the fastest growing market in this region due to its wide applications in pipes, construction and building, housing, road and train transport, sewage disposal, chemical plants, electrical installations and wind turbine blades.

Scope of the Report:

 

Fiberglass Market, by Type:

 

  • Glass Wool
  • Chopped Strand
  • Direct and Assembled Roving
  • Yarn
  • Others

 

Fiberglass Market, by Application:

 

  • Composites
  • Glass Wool Insulation

 

Fiberglass Market, by Geography:

 

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Key Players Operating in the Market:

 

  • China Jushi Co. Ltd (China)
  • PPG Industries, Inc. (US)
  • Owens Corning (US)
  • Taishan Fiberglass Inc. (China)
  • Nippon Electric Glass Co., Ltd. (Japan)
  • Chongqing Polycomp International Corp. (China)
  • Binani 3B-The Fibreglass Company (India)
  • Taiwan Glass Ind. Corp. (Taiwan)
  • Johns Manville Corp. (US)
  • Asahi Fiberglass Co., Ltd. (Japan)
  • Knauf Insulation (US)
  • Saint-Gobain Vetrotex (France)

For More Information Vist: https://www.maximizemarketresearch.com/market-report/fiberglass-market/2602/

Report Is Submitted By : Maximize Market Research Company

 

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About the author

Gaarti

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