0
2017
Glass Fiber Reinforcement Materials Market

Glass Fiber Reinforcement Materials Market by Product Type (Roving, Woven Roving, Fabrics, CSM/CFM, Chopped Strand, and Others) and End-Use Industry (Construction, Transportation, Industrial, Consumer Goods, Wind Energy, and Others) - Global Opportunity Analysis and Industry Forecast, 2014-2022
Update Available On-Demand

A01729
Pages: 195
Apr 2017 | 9381 Views
Author(s) : Ashmita Roy
Tables: 110
Charts: 34
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Glass Fiber Reinforcement Materials Market

Request Now !

Glass Fiber Reinforcement Materials Market Overview:

Glass Fiber Reinforcement Materials Market was valued at $8,468 million in 2015, and is expected to reach $14,084 million by 2022, growing at a CAGR of 7.6% from 2016 to 2022.

Glass fibers are the most versatile industrial materials known today and are produced from raw materials like silica sand, limestone, and soda ash, which are available in virtually unlimited supply. They exhibit useful properties such as hardness, transparency, resistance to chemical attack, stability, and inertness, and desirable fiber properties such as strength, flexibility, and stiffness. Glass fibers glass fiber reinforcement materials are used to manufacture structural composites, printed circuit boards, and a wide range of special-purpose products.

The global glass fiber reinforcement materials market is driven by the growth in demand for glass fiber from the aerospace industry as a substitute for heavy metal parts and advantages of using glass fiber over other reinforcement materials such as low cost, durability, and light weight. However, certain environmental issues related with recycling of glass fiber products such as glass fiber reinforced plastics (GFRP) are expected to hinder the glass fiber reinforcement materials market growth during the forecast period. This restraint can be overcome in the future, due to the rise in awareness among the manufacturers and efforts made by them to recycle glass fiber by developing in-house facilities. Furthermore, the increase in use of glass fiber in wind turbines and development of carbon/glass hybrid structures are creating numerous growth opportunities in the global glass fiber reinforcement materials market.

Glass Fiber Reinforcement Materials Market Segmentation

Glass Fiber Reinforcement Materials Market Segmentation

Get more information on this report : Request Sample Pages

The global glass fiber reinforcement materials market is segmented based on product type, end-use industry, and geography. Based on product type, it is classified into roving, woven roving, fabrics, Chopped Strand Mat (CSM) / Continuous Filament Mat (CFM), chopped strand, and others, including multi-axial. Based on end-use industry, it is categorized into construction, transportation, industrial, consumer goods, and wind energy.

Top investment Pocket

The industrial segment is anticipated to be the top investment pocket for market players, owing to the exceptional properties of glass fiber that make it an ideal material for industrial applications. It is anticipated to show fastest growth, registering a CAGR of 8.3%, throughout the forecast period. Glass fiber reinforced plastics are an excellent option for the power industry as they are devoid of any magnetic field and can offer considerable resistance to electric sparks.

Top investment Pockets

Glass Fiber Reinforcement Materials Market Top Investment Pockets
 

Get more information on this report : Request Sample Pages

Geography Review

Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific dominated the glass fiber reinforcement materials market in 2015, and is anticipated to maintain its lead throughout the forecast period, growing with the highest CAGR. This is attributed to the expanding applications of glass fiber in the construction sector and increase in infrastructural activities in the developing nations, such as China, Korea, Japan, and India.

Glass Fiber Reinforcement Materials Market, By Geography, 2015 & 2022

Glass Fiber Reinforcement Materials Market By Geography

Get more information on this report : Request Sample Pages

China Review

China accounted for the maximum revenue in the Asia-Pacific glass fiber reinforcement materials market in 2015, as it is the largest producer of glass fiber globally. Glass fiber in China is consumed in transportation, construction, and wind power industries. The Chinese glass fiber reinforcement materials market possesses high potential for growth, owing to the rapid development and expansion of these industries.

The key players operating in the glass fiber reinforcement materials market include Owens Corning, 3B-Fiberglass, Jushi Group, PPG Fiberglass, Taishan Fiberglass, Chongqing Polycomp International Corp (CPIC), Saint-Gobain Vetrotex, Asahi Glass, Nippon Electric Glass Co., Ltd., and BASF SE.

Other major glass fiber reinforcement materials players in the glass fiber market (not included in the report) are AGY Holding Corp., Jiangsu Jiuding New Material Co. Ltd, Formax (UK) Ltd., Gunther Kast GmbH, LANXESS AG, Johns Manville, Ahlstrom GlassFibre OY, Shanghai Xiao-Bao FRP, China Fiberglass Company, and Advanced Glassfiber Yarns.

Key Benefits of Glass Fiber Reinforcement Materials Market:

  • This report provides a detailed study of glass fiber reinforcement materials market trends and forecast from 2014 to 2022, which assist to identify the prevailing market opportunities.
  • In-depth coverage of the global market, including drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
  • This study further includes market share analysis in terms of product type and end-use industry globally.
  • Detailed analysis of the strategies of key leaders, partnerships, and acquisitions in the market is provided.
  • Porter’s Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making.

Key Market Segments & Key Market Players

Segments Sub-segments
By Product Type
  • Roving
  • Woven Roving
  • Fabrics
  • CSM/CFM
  • Chopped Strand
  • Others

By End Use Industry
  • Construction
  • Transportation
  • Industrial
  • Consumer Goods
  • Wind Energy

By Geography
  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

Key Market Players
  • 3B-FIBERGLASS
  • ASAHI GLASS
  • BASF SE
  • CHONGQING POLYCOMP INTERNATIONAL CORP (CPIC)
  • JUSHI GROUP
  • NIPPON ELECTRIC GLASS CO., LTD.
  • OWENS CORNING
  • PPG FIBERGLASS
  • SAINT-GOBAIN VETROTEX
  • TAISHAN FIBERGLASS
 

Loading Table Of Content...


 
 

The global glass fiber reinforcement materials market is driven by the demand from aerospace and automotive industries. The aerospace and automotive industries are seeking materials that can replace heavy metal parts, considerably reducing the weight of the vehicle. In addition to the lightweight, glass fiber composites are also advantageous when it comes to reduction in manufacturing & raw material cost, higher tensile strength, and improved fuel efficiency. Glass fiber is preferred over carbon fiber for making automotive parts such as body panels, bumpers, dashboards, intake manifolds, and several others. Automotive manufacturers focus more towards reducing the weight of the vehicle and making it more fuel efficient in terms of fuel usage. Thus, due to the abovementioned advantages of glass fiber, there is a rapid increase in the demand from the automotive & aerospace and other industrial sectors, which drives the glass fiber reinforcement materials market globally.

The glass fiber industry is highly concentrated in the Asia-Pacific market, owing to the dominance of Chinese glass fiber overcapacity. In 2012, China produced around 3 million MT versus domestic demand of less than 1.9 million MT, while the EU market was around 900,000 MT. China accounted for the highest percentage of market share in the Asia-Pacific glass fiber reinforcement materials market and is gaining global dominance in glass fibers, despite the lack of competitive advantage, through aggressive state‐planning, subsidies, and overcapacity.

 

Flash Sale
PURCHASE OPTIONS

Start reading instantly ,This Report and over 13000+ more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Free Sample

OR

Purchase Full Report of
Glass Fiber Reinforcement Materials Market

Start reading instantly.
This Report and over 13,000+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,217  $2,895
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,574  $3,217
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $4,999  $4,249
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,004  $5,103
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,373  $7,498
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers