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New report shares details about the fiberglass fabric market projected to reach USD 13.48 at a CAGR of 7.62% between 2017 and 2022

The global fiberglass fabric market was USD 8.74 Billion in 2016 and is projected to reach USD 13.48 Billion by 2022, at a CAGR of 7.62% between 2017 and 2022.

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The use of fiberglass fabric is gaining high importance in the wind energy, transportation, electrical & electronics, marine, construction, and aerospace & defense, among other sectors.

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Further, fiberglass fabric manufacturers are signing supply agreements with various end-use industries to strengthen their positions in the fiberglass fabric market globally. In this study, the years considered to estimate the market size of fiberglass fabric market are:

The report provides a comprehensive analysis and profiles of the companies listed below:

  1. Owens Corning (US),
  2. Gurit (Switzerland),
  3. Jushi Group Co., Ltd. (China),
  4. Chomarat Textile Industries (France),
  5. Saertex GmbH Co., & KG (Germany),
  6. Hexcel Corporation (US),
  7. Saint-Gobain (France),
  8. Tah Tong Textile Co., Ltd. (China),
  9. BFG Industries, Inc. (US),
  10. Nitto Boseki Co., Ltd. (Japan)

Target audience

  1. Fiberglass Fabric Manufacturers
  2. Raw Material Suppliers
  3. Distributors and Suppliers
  4. End-use Industries
  5. Industry Associations

Various types of woven fabrics include plain, twill, satin, weft knitted, wrap knitted, and others. These techniques are used as per requirements for applications in terms of strength and flexibility.

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Moreover, the interlocked layers of woven fabrics help prevent delamination and therefore offer high impact resistance which is greater than that of multiaxial non-woven fabrics, thus driving the use of woven fabrics in various applications

The segmentation considered for the global fiberglass fabric market is by fiber type, fabric type, application, and region. Fiber type is further segmented into E-glass and others.

E-glass fabric is the fastest-growing segment, as it has the highest demand from various end-use applications due to its superior properties and cost efficiency. The various end-use applications such as wind energy, transportation, construction, and electrical & electronics, among others demand high consumption of E-glass as this fiber offers high strength, is lightweight, corrosion resistant, has better insulation properties, and also is lower in cost compared to other fibers.

The major applications of fiberglass fabric are wind energy, transportation, electrical & electronics, marine, construction, aerospace & defense, and others. Wind energy is projected to be the fastest-growing application in the global fiberglass fabric market between 2017 and 2022.

This is attributed to the high demand for fiberglass fabrics in the manufacture of several structural parts of wind turbines.

The fiberglass fabric used in wind turbine structural parts, offers high strength and lightweight properties along with high corrosion resistance. Also, the wind energy market is estimated to grow in the future due to the rising demand for clean energy across the globe.

This is expected to positively impact the demand for fiberglass fabric in the wind energy application.

 

Access complete report on Fiberglass Fabric Market by Fiber Type (E-glass), Fabric Type (Woven, and Non-Woven) , Now available at

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This report covers the global fiberglass fabric market and forecasts the market size till 2022. The report includes market segmentation on the basis of fiber type (E-glass, others), fabric type (woven and non-woven), application (wind energy, marine, transportation, construction, electrical & electronics, aerospace & defense, and others),and region (North America, Europe, Asia Pacific, Latin America, and Middle East &Africa).

Porter’s Five Force analysis, along with drivers, restraints, challenges, and opportunities of the market have been discussed in the report. The report also provides company profiles and competitive benchmarking adopted by the major players in the global fiberglass fabric market.

Benefits of Buying the Report

The report will help market leaders/new entrants in this market in the following ways:

  1. This report segments the global fiberglass fabric market comprehensively and provides closest approximations of the revenues for the overall market and the subsegments across different verticals and regions.
  2. The report will help stakeholders understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.

This report will help stakeholders to better understand competitors and gain more insights to improve their positions. The competitive landscape section includes the competitor ecosystem, new product developments, investments & expansions, agreements, partnersh

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