Get professional details on Fiberglass Market by type, product, and uses as well as this report focus on composites, glass wool insulation applications forecast to 2017 to 2022.
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The fiberglass market was estimated $13.95 billion in 2017 and is projected to reach $18.75 billion by 2022, at a CAGR of 6.1% between 2017 and 2022.The growth of the construction and infrastructure sectors in China and India, as well as the increasing use of green construction materials such as glass wool, are the key factors driving the growth of the fiberglass market. Growth in wind energy turbine installations is expected to be an opportunity for the fiberglass market in the composites application in future.
Difficulty in recycling glass wool is a restraint in the fiberglass market.
- Fiberglass Manufacturers, Traders, Suppliers, and Distributors
- Government and Research Organizations
- End Users
- Companies Operational in Material R&D
- Associations and Industrial Bodies
- Investment Banks
- Consulting Companies/Consultants in the Chemical and Material Sectors
- Industry Associations
Furthermore, as part of qualitative analysis, the report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges.It also discusses competitive strategies adopted by various market players,such as China Jushi Co.Ltd (China), Owens Corning (US), PPG Industries, Inc. (US), Taishan Fiberglass Inc. (China), Chongqing Polycomp International Corp. (China), Nippon Electric Glass Co., Ltd. (Japan), Binani 3B-The Fibreglass Company (India), and Johns Manville Corp. (US),among others.
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List of Tables
Table 1 Fiberglass Market Snapshot
Table 2 Number of Vehicles Produced, By Country, 2011-2016 (Thousand Units)
Table 3 Fiberglass Market Size, By Type, 2015–2022 (USD Million)
Table 4 Fiberglass Market Size, By Type, 2015–2022 (Kilotons)
Table 5 Glass Wool Segment, By Region, 2015–2022 (USD Million)
Table 6 Glass Wool Segment, By Region, 2015–2022 (Kilotons)
Table 7 Direct and Assembled Roving Segment, By Region,
Table 8 Direct and Assembled Roving Segment, By Region, 2015–2022 (Kilotons)
Table 9 Yarn Segment, By Region, 2015–2022 (USD Million)
Table 10 Yarn Segment, By Region, 2015–2022 (Kilotons)
Table 11 Chopped Strand Segment, By Region, 2015–2022 (USD Million)
Composites are projected to be the fastest-growing application segment during the forecast period. Fiberglass is used widely in the development of large wind turbines.
Blade manufacturers are undertaking R&D to focus on reducing the cost of wind energy, which is driving the use of fiberglass, as it is cheaper than other fibers without compromising on high performance properties as compared to other materials. Fiberglass also provides high tensile strength, helping manufacturers to manufacture larger blades and thus enable providing higher energy output.
Furthermore, fiberglass wind turbines are able to work in the toughest environments due to their corrosion resistance properties.
Browse complete report on Fiberglass Market by Type (Glass Wool, Direct and Assembled Roving, Yarn, Chopped Strand), Application (Composites, Glass Wool Insulation), and Region (Asia Pacific, Europe, North America, Middle East and Africa) - Global Forecast to 2022 with 278 pages, 244 tables and 44 figures, now available at
The report will help market leaders/new entrants in this market by providing them the closest approximations of revenue numbers for the overall fiberglass market and its sub segments. This report will help stakeholders better understand the competitor landscape and gain more insights to better position their businesses and design suitable market strategies.
The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
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