China
The future of the Chinese glass fiber market looks promising with opportunities in transportation, marine, wind energy, aerospace, pipes and tanks, construction, electrical and electronics, and consumer goods end uses. The Chinese glass fiber market is expected to reach an estimated $4.1 billion by 2027 with a CAGR of 5.4% from 2022 to 2027. The major driver for market growth is high demand of glass fiber in electrical and electronics segment specially for printed circuit boards where glass fiber are used in manufacturing of parts and support in rising trend of miniaturization and compact with portable devices.
Emerging trends, which have a direct impact on the dynamics of the Chinese glass fiber industry, includes innovation trends focused on ultra-high modulus glass fiber and glass fiber based composites part using 3D technology.
A total of 44 figures / charts and 28 tables are provided in this 88-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the Chinese glass fiber market report, please download the report brochure.
The study includes trends and forecast for the Chinese glass fiber market by end use, manufacturing process, fiber type, and product type as follows:
By End Use [Value ($M) and Volume (KT) shipment analysis from 2016 to 2027]:
- Transportation
- Marine
- Wind Energy
- Aerospace
- Pipes and Tanks
- Construction
- Electrical and Electronics
- Consumer Goods
- Other End Uses
By Manufacturing Process [Value ($M) and Volume (KT) shipment analysis from 2016 to 2027]:
- Hand Lay-Up
- Spray Up
- Resin Infusion
- Pultrusion
- Injection Molding
- Compression Molding
- Filament Winding
- Prepreg Layup
- Other Manufacturing Processes
By Fiber Type [Value ($M) and Volume (KT) shipment analysis from 2016 to 2027]:
- E/ECR-Glass Fiber
- S-Glass Fiber
- Other Glass Fibers
By Product Type [Value ($M) and Volume (KT) shipment analysis from 2016 to 2027]:
- Single-End Roving
- Multi-End Roving
- Chopped Strand Mat
- Fabrics
- Continuous Filament Mat
- Chopped Strand
- Woven Roving
In this market, E/ECR-glass fiber and S-glass fiber are the major fiber types of Chinese glass fiber market. Lucintel forecasts that E/ECR-glass fiber is expected to remain the largest fiber type segment by value and volume over the forecast period due to its increasing use in various industries for its properties like strength, electrical resistance, and higher acid corrosion resistance made with calcium aluminosilicates.
Within the Chinese glass fiber market, electrical and electronics will remain the largest end use by value and volume over the forecast period due to the rising adoption of smartphones, IoT device, and growing demand for electronics in the automotive, aerospace, and electrical and electronics drives the demand of overall electrical and electronic market. Aerospace segment is expected to witness highest growth over the forecast period.
Some of the Chinese glass fiber manufacturers profiled in this report includes China Jushi, CPIC, Owens Corning, Taishan Fiberglass, and Sichuan Weibo.
Features of the Chinese Glass Fiber Market
- Market Size Estimates: Chinese glass fiber market size estimation in terms of value ($M) shipment and volume (KT).
- Trend And Forecast Analysis: Chinese glass fiber Market trends (2016-2021) and forecast (2022-2027) by various segments.
- Segmentation Analysis:Chinese glass fiber market size by various segments, such as end use, manufacturing process, fiber type, and product type in terms of value and volume.
- Growth Opportunities: Analysis on growth opportunities in different end use, manufacturing process, fiber type, and product type for the Chinese glass fiber market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the Chinese glass fiber market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 10 key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the Chinese glass fiber market by end use (transportation, marine, wind energy, aerospace, pipes and tanks, construction, electrical and electronics, consumer goods, and others), manufacturing process (hand layup, spray-up, resin infusion, pultrusion, injection molding, compression molding, filament winding, prepreg layup, and others), fiber type (E/ECR-glass fiber, S-glass fiber, and other glass fibers), and product type (single-end roving, multi-end roving, chopped strand mat, fabrics, continuous filament mat, chopped strand, and other product types)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the Chinese glass fiber market?
Q.4 What are the business risks and threats to the Chinese glass fiber market?
Q.5 What are emerging trends in this Chinese glass fiber market and the reasons behind them?
Q.6 What are some changing demands of customers in the Chinese glass fiber market?
Q.7 What are the new developments in the Chinese glass fiber market? Which companies are leading these developments?
Q.8 Who are the major players in the Chinese glass fiber market? What strategic initiatives are being implemented by key players for business growth?
Q.9 What are some of the competitive products and processes in the Chinese glass fiber market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.10 What M&A activities did take place in the last five years in the Chinese glass fiber market?
Please note: it takes 3-4 weeks’ time for reports to be delivered after receiving the order confirmation.