Los Angeles, CA -- (SBWire) -- 04/18/2019 --Glass fibers are the materials consisting of extremely fine glass fibers, used in making various products, such as yarns, fabrics, insulators, and structural objects or parts. It is also called spun glass.

The global Glass Fiber industry has a rather high concentration. The major manufacturers are concentrated in Asia-Pacific, North America and Europe, such as Owens Corning, Jushi Group, PPG Industries, CPIC and Taishan Fiberglass (Sinoma). At present, Owens Corning is the world leader, holding 26.01% sales market share in 2017.

Glass Fiber downstream is wide and recently Glass Fiber has acquired increasing significance in various fields of Construction, Transportation, Industrial, Consumer, Wind Power and others. Globally, the Glass Fiber market is mainly driven by growing demand for Construction and Transportation. They account for nearly 61.97% of total downstream consumption of Glass Fiber in global.

Glass Fiber can be mainly divided into Roving Glass Fibers, Chopped Glass Fibers, Yarn Glass Fibers and Others. Roving Glass Fibers captures about 64.27% of Glass Fiber market in 2017. Glass Fiber can be also divided into E-Glass, E-CR-Glass, S-Glass and Others. E-Glass captures about 68.66% of Glass Fiber market in 2017.

The global Fiberglass market was 7430 million US$ in 2018 and is expected to 10000 million US$ by the end of 2025, growing at a CAGR of 3.8% between 2019 and 2025.

This report studies the Fiberglass market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Owens Corning

Jushi Group

Taishan Fiberglass (Sinoma)

CPIC

Saint-Gobain Vetrotex

PPG Industries

Nippon Electric Glass

Johns Mansville

Nittobo

Advanced Glassfiber Yarns

Binani-3B

Sichuan Weibo

Jiangsu Jiuding

Lanxess

Changzhou Tianma

Ahlstrom

By the product type, the market is primarily split into

Roving Glass Fibers

Chopped Glass Fibers

Yarn Glass Fibers

Others

By the end users/application, this report covers the following segments

Construction

Transportation

Industrial

Consumer

Wind Power

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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