Global Textured Fiberglass Market Growth 2024-2030
Textured fiberglass is the bulked yarn formed by one or more bundles of continuous yarns or rovings subject to texturizing, curling and filament winding through high pressure air flow, has the advantages of tex stability and uniform texturizing.
The global Textured Fiberglass market size is projected to grow from US$ 12570 million in 2023 to US$ 17070 million in 2030; it is expected to grow at a CAGR of 4.5% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Textured Fiberglass Industry Forecast” looks at past sales and reviews total world Textured Fiberglass sales in 2023, providing a comprehensive analysis by region and market sector of projected Textured Fiberglass sales for 2024 through 2030. With Textured Fiberglass sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Textured Fiberglass industry.
This Insight Report provides a comprehensive analysis of the global Textured 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 Textured Fiberglass portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Textured Fiberglass market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Textured 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 Textured Fiberglass.
The growing demand for lightweight composite materials is a prominent market trend, and with increasing environmental concerns, lightweight composite materials are required in many industries to reduce their carbon footprint. Additionally, the increase in smart infrastructure construction is driving the application of this material to control overheating and maintain room temperature within buildings. Consequently, several government agencies across the world are increasing their investments in sustainable development of energy-efficient buildings, thereby increasing the demand for the product. Additionally, many renovation and remodeling projects are replacing traditional building materials with fiberglass for improved structural stability and better insulation. Apart from this, the significant growth of the renewable energy industry has increased the demand for the manufacture of various electrical equipment using safe and clean energy sources such as tidal power and wind power. Furthermore, the growing automotive industry and rising demand for energy-efficient vehicles is increasing the use of this product in panel assemblies, body panels, cab components, front fascias, and battery boxes. It is also replacing metals in pipelines, storage tanks and subsea systems in the water treatment and oil and gas sectors. These factors will continue to drive the growth of the global fiberglass market in the coming years. For transportation applications, these materials are ideal as they are lightweight, strong and rigid, provide excellent protection from external elements, can be molded into any size and form, and have an outstanding appearance. It is used in the automotive and wind energy industries due to its low weight, high strength-to-weight ratio and excellent service life. The marine and automotive industries are major users of fiberglass due to the need for impact-resistant and lightweight materials. Strict regulations are imposed on the automotive industry in order to reduce CO2 emissions. It encourages the industry to introduce energy-efficient light-duty vehicles to reduce greenhouse gas emissions. This composite material is widely used in the automotive industry as a substitute for aluminum and steel to produce lightweight vehicles. This is expected to drive the market progress during the forecast period.
This report presents a comprehensive overview, market shares, and growth opportunities of Textured Fiberglass market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Below 1000Tex
1000Tex - 5000Tex
Above 5000Tex
Segmentation by application
Industrial
Electronic
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.
WALLEAN
Domin-Tex Insulation
Termoseal
Mineral Seal
Newtex
Vetrotex
SUNMAX
Dixon
China Jushi
Yuntianhua Group
Chongqing Polycomp International
Changshu Jiangnan Glass Fiber
Changzhou JLON Composite
Lanxi Joen Fiberglass
Qingdao Regal New Material
Key Questions Addressed in this Report
What is the 10-year outlook for the global Textured Fiberglass market?
What factors are driving Textured Fiberglass market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Textured Fiberglass market opportunities vary by end market size?
How does Textured Fiberglass break out type, application?
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