Albany, NY -- (SBWire) -- 12/29/2015 --The study provides a decisive view of the glass fibers market by segmenting the market based on product type, application segments, and regional demand. Product segments have been analyzed based on current and future trends, and the market is estimated for a period between 2014 and 2020 in terms of volume demand (Kilo Tons) and revenue (US$ Mn). Regional segmentation includes the current and forecast demand for glass fibers product types and application segments for North America, Europe, Asia Pacific, and Rest of the World (RoW). The segmentation also includes demand for an individual product segment and applications in all the regions.
The study covers the drivers and restraints governing the dynamics of the market along with their impact on demand during the forecast period. Additionally, the report includes potential opportunities in the glass fiber market on a global and regional level.
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We have included a detailed value chain analysis in order to provide a comprehensive view of the glass fibers market to the users of this report. In order to understand the competitive landscape in the market, analysis of the Porter's Five Forces model has also been included. The study encompasses market attractiveness analysis, wherein applications have been benchmarked based on their market size, growth rate, and general attractiveness for future growth.
Inflation is not a part of pricing in the report. Prices of different grades of glass fiber vary in each region. Hence, a similar volume-to-revenue ratio does not follow for each individual region. The same price for each product type has been taken into account while estimating and forecasting market revenue on a global basis. The regional average price has been considered while breaking down this market by product segments in each region.
The report provides the market size of glass fibers for 2013 and the forecast for the next seven years up to 2020. The size of the global glass fibers market is provided in terms of both volume and revenue. Market volumes are defined in kilo tons, while market revenue for regions is in US$ Mn. The market size and forecast for each product segment and application are provided in the context of global and regional markets. Numbers provided in this report are derived based on demand for glass fibers. Market dynamics for commonly used grade of glass fibers have been considered to arrive at the market estimates for different applications.
Market estimates for this study have been based on volumes, with revenues being derived through regional pricing trends. The price for commonly utilized grades of glass fibers has been considered, and customized product pricing has not been included. Demand for glass fibers has been derived by analyzing the global and regional demand for glass fibers in different applications. The glass fibers market has been analyzed based on expected demand. Market data for each segment is based on demand volumes and corresponding revenues. Prices considered for the calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors, and direct selling regional producers, based on manufacturer feedback and application requirement. Forecasts have been based on expected demand from glass fiber product segments and applications. We have used the bottom-up approach by considering individual application segments and integrating these to arrive at the global market. Application segments have been further divided using the top-down approach to derive the regional market demand. Foreign trade scenario related to glass fibers manufactured in China has been accounted for while deriving regional revenue. Companies were considered for the market share analysis based on their product portfolio and revenue.
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The report covers a detailed competitive outlook including the market share and company profiles of key participants operating in the global market. Key players profiled in the report include Owens Corning Corporation, Jushi Group Co., Ltd., Taishan Fiberglass, Inc., Chongqing Polycomp International Corp., Nippon Electric Glass Co., Ltd., and PPG Industries, Inc. Company profiles include attributes such as company overview, brand overview, financial overview (in terms of financial year), business strategy, and recent/key developments.
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China Is the Leading Manufacturer of Glass Fibers in the World
Glass fibers are obtained from the reaction between a variety of natural minerals and chemicals at high temperatures. Silica sand is the primary raw material used in the manufacture of glass fibers.