Global Glass Fiber Market 2022-2028

Global Glass Fiber Market 2022-2028

Glass fibers are the materials made from extremely fine fiber of glass which is a non-crystalline material with a short-range network structure. Glass fibres are used as reinforcement of polymers in various fields such as aerospace, automobile, marine, sporting and leisure goods, and construction and civil engineering. Garnering a CAGR of 4.1% from 2022 to 2028, the global glass fiber market is projected to reach worth of USD 12,095 million by 2028-end, according to a new report by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global glass fiber market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the glass fiber industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, glass type, end user, and region. The global market for glass fiber can be segmented by product: glass wool, roving, strands, yarn, others. The glass wool segment held the largest share of the global glass fiber market in 2021 and is anticipated to hold its share during the forecast period. Glass fiber market is further segmented by glass type: C-glass, ECR-glass, E-glass, S-glass, others. Globally, the E-glass segment made up the largest share of the glass fiber market. Based on end user, the glass fiber market is segmented into: aerospace, automotive & transportation, building & construction, consumer goods, electrical & electronics, energy & power, pipe & tank, others. The building & construction segment was the largest contributor to the global glass fiber market in 2021. On the basis of region, the glass fiber market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By product:

• glass wool
• roving
• strands
• yarn
• others

By glass type:

• C-glass
• ECR-glass
• E-glass
• S-glass
• others

By end user:

• aerospace
• automotive & transportation
• building & construction
• consumer goods
• electrical & electronics
• energy & power
• pipe & tank
• others

By region:

• Asia Pacific
• Europe
• North America
• Rest of the World (RoW)

The report also provides a detailed analysis of several leading glass fiber market vendors that include China National Building Material Co., Ltd. (Jushi Group Co., Ltd.), Chongqing Polycomp International Corp. (CPIC), Compagnie de Saint-Gobain S.A., Glasstex Fiberglass Materials Corp., Hollingsworth & Vose Company, Johns Manville Corporation (JM), Nippon Electric Glass Co., Ltd., Owens Corning Inc, PFG Fiber Glass Corporation, Shandong Glass Fiber Group Co., Ltd., Taishan Glass Fiber Inc., Xingtai Jinniu Glass Fiber Co., Ltd., among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global glass fiber market.
• To classify and forecast the global glass fiber market based on product, glass type, end user, region.
• To identify drivers and challenges for the global glass fiber market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global glass fiber market.
• To identify and analyze the profile of leading players operating in the global glass fiber market.

Why Choose This Report

• Gain a reliable outlook of the global glass fiber market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.