Global Fiberglass Market Growth 2023-2029

Global Fiberglass Market Growth 2023-2029

Glass fibers are the materials consisting of extremely fine glass fibers, used in making various products, such as yarns, fabrics, insulators, and structural objects or parts. It is also called spun glass.

LPI (LP Information)' newest research report, the “Fiberglass Industry Forecast” looks at past sales and reviews total world Fiberglass sales in 2022, providing a comprehensive analysis by region and market sector of projected Fiberglass sales for 2023 through 2029. With Fiberglass sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fiberglass industry.

This Insight Report provides a comprehensive analysis of the global Fiberglass landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fiberglass portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fiberglass market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fiberglass and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fiberglass.

The global Fiberglass market size is projected to grow from US$ 8112.1 million in 2022 to US$ 11090 million in 2029; it is expected to grow at a CAGR of 11090 from 2023 to 2029.

Asia-Pacific is the largest market with about 55% market share. North America is follower, accounting for about 20% market share.

The key players are Owens Corning, Jushi Group, Taishan Fiberglass (Sinoma), CPIC, Saint-Gobain Vetrotex, PPG Industries, Nippon Electric Glass, Johns Mansville, Nittobo, Advanced Glassfiber Yarns, Binani-3B, Sichuan Weibo, Jiangsu Jiuding, Lanxess, Changzhou Tianma, Ahlstrom etc. Top 3 companies occupied about 47% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Fiberglass market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Roving Glass Fibers
Chopped Glass Fibers
Yarn Glass Fibers
Others

Segmentation by application
Construction
Transportation
Industrial
Consumer
Wind Power
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Owens Corning
Jushi Group
Taishan Fiberglass (Sinoma)
CPIC
Saint-Gobain Vetrotex
PPG Industries
Nippon Electric Glass
Johns Mansville
Nittobo
Advanced Glassfiber Yarns
Binani-3B
Sichuan Weibo
Jiangsu Jiuding
Lanxess
Changzhou Tianma
Ahlstrom

Key Questions Addressed in this Report

What is the 10-year outlook for the global Fiberglass market?

What factors are driving Fiberglass market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Fiberglass market opportunities vary by end market size?

How does Fiberglass break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.