Fiberglass Market Overview:
Fiberglass Market is expected to witness a significant growth of USD 20.32 Bn by 2023 with CAGR of 9.2% between by 2023.
Fibreglass products for use in the latest weaponry systems. Fibreglass materials are being widely used in the defence manufacturing industry to cut down the use of structures made from metals and improve the manoeuvrability of aircraft, agility of the fired missile besides reducing their body weight. The wings for the aircraft are totally being made from fibreglass structures. And further researches are transpired for having the entire fuselage made from them. Once this is achieved this, defence sectors would turn its focus further in manufacturing of the secondary (internal) structures in the aircrafts.
Fiberglass Market is growing mainly due to its varied applications in bourgeoning automotive industry. According to a recent study report published by the Market Research Future, the global market of Fiberglass is growing with the rapid pace and expected to gain prominence over the forecast period.
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Fiberglass Market Key Players:
- Jushi Group Co. Ltd (China)
- AGY Holding Corp. (U.S.)
- Saint-Gobain Vetrotex (Europe)
- PPG Industries Inc. (US)
- Owens Corning (US)
- Taiwan Glass Industry Corporation (Taiwan)
- Taishan Fiberglass Inc (China)
- PFG FIBER GLASS CORPORATION (Taiwan)
- Fibber Glass Industries Inc (US)
- W. L. Gore & Associates, Inc (US)
Fiberglass Market Segmentation:
Fiberglass Market is majorly segmented on the basis of types, end users and region. Based on types of fiberglass the market is segmented into A-glass, C-glass, D-glass, E-glass, R-glass, S-glass, and others (AR-glass, ECR-glass, etc.). By application, global fiberglass market is segmented into composites and insulation. Based on end user the market segmented into aerospace, automotive, construction, electrical, pharmaceutical, industrial, and others (wind energy, petrochemicals, etc.) and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.
Fiberglass Market Regional Analysis:
Presently, Asia Pacific region is the major market of fiberglass due to demand in various applications such as automotive and electrical industry especially in China, India followed by Japan. Whereas, increasing demand in construction industry in developing countries such as India, Indonesia, and Thailand made Asia Pacific largest consumer of the global fiberglass market followed by increasing in the consumption of Fiberglass market in North America region. Furthermore, Europe region hold third position for the global fiberglass market due to large consumption in pharmaceutical, construction, and electrical industry. In addition, Latin America and Middle East also witnessed in growth of fiberglass market due to various end user industry such as aerospace, automotive, construction, electrical, pharmaceutical, industrial, and others.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of key vendors.
Fiberglass Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Fiberglass Market
Fiberglass Market Table of Content to be Continue……,
Fiberglass Market List of Table:
Table 1 World Population: By Major Regions (2016 To 2030)
Table 2 Global Fiberglass Market: By Region, 2016-2023
Table 3 North America Fiberglass Market: By Country, 2016-2023
Table 4 Europe Fiberglass Market: By Country, 2016-2023
Table 5 Asia-Pacific Fiberglass Market: By Country, 2016-2023
Fiberglass Market List of Table to be Continue……,
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