Global Glass Fiber Nonwoven Market Growth 2023-2029
Nonwovens based on glass fibers are a huge market and can be found almost everywhere – in ceiling tiles, filtration, cushion vinyl flooring, insulation, wallpapers and geotextiles, batteries, and of course roofing materials, as well as many other applications.
Glass fiber as a basic component is an excellent composite material and offers numerous advantages that give the resulting products unique properties. These nonwovens are known for excellent thermal insulation, high tensile strength, and extreme moisture repellency, for example.
LPI (LP Information)' newest research report, the “Glass Fiber Nonwoven Industry Forecast” looks at past sales and reviews total world Glass Fiber Nonwoven sales in 2022, providing a comprehensive analysis by region and market sector of projected Glass Fiber Nonwoven sales for 2023 through 2029. With Glass Fiber Nonwoven sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glass Fiber Nonwoven industry.
This Insight Report provides a comprehensive analysis of the global Glass Fiber Nonwoven 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 Glass Fiber Nonwoven portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Glass Fiber Nonwoven market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glass Fiber Nonwoven 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 Glass Fiber Nonwoven.
The global Glass Fiber Nonwoven market size is projected to grow from US$ 1251.2 million in 2022 to US$ 1617.3 million in 2029; it is expected to grow at a CAGR of 1617.3 from 2023 to 2029.
Global Glass FiIber Nonwoven key players include Johns Manville, Owens Corning, Ahlstrom-Munksjö, etc. Global top 3 manufacturers hold a share over 47%.
North America is the largest market, with a share about 51%, followed by Europe, and China, both have a share about 40 percent.
In terms of product, Wet-Laid Process is the largest segment, with a share over 97%. And in terms of application, the largest application is Roof Material, followed by Industrial Filtration, Plasterboard, Electronics & Automobiles, Floor Covering, Others.
This report presents a comprehensive overview, market shares, and growth opportunities of Glass Fiber Nonwoven market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Dry-Laid Process
Wet-Laid Process
Segmentation by application
Roof Material
Industrial Filtration
Plasterboard
Electronics & Automobiles
Floor Covering
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.
Johns Manville
Owens Corning
Ahlstrom-Munksjö
Hollingsworth & Vose
NSG
Hokuetsu Corporation
Jiangsu Changhai Composite
Lydall
Chongqing Zaisheng Technology
Saint-Gobain
Sinoma Jinjing Fiberglass
Shaanxi HuaTek Fiberglass Material
Key Questions Addressed in this Report
What is the 10-year outlook for the global Glass Fiber Nonwoven market?
What factors are driving Glass Fiber Nonwoven market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Glass Fiber Nonwoven market opportunities vary by end market size?
How does Glass Fiber Nonwoven 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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook