Fiberglass Market Growth, Recent Trends, Industry Analysis, Outlook, Insights, Share and Forecasts Report 2027

This report provides detailed historical analysis of global market for Fiberglass from 2014-2019, and provides extensive market forecasts from 2020-2027 by region/country and subsectors.


Vancouver, BC -- (SBWire) -- 03/09/2021 --The global fiberglass market is likely to reach USD 15.79 Billion by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to the rising demand for insulated building roofs and walls. The low heat distribution gradient and non-conductive nature of fiberglass, which make it suitable for utilization in the construction of insulated roofs and walls, has driven the fiberglass market. Extensive usage of fiberglass composites across various industries, such as chemical & petrochemical, oil & gas, pulp & paper, offshore drilling, mining & mineral, waste & wastewater, metal processing, and food processing industries, is contributing to the fiberglass market. A key factor driving the market is that fiberglass composites are highly customizable and they offer several advantages over traditional materials.

The report at a glance
The Fiberglass market report focuses on the economic developments and consumer spending trends across different countries for the forecast period 2020 to 2027. The research further reveals which countries and regions will have a better standing in the years to come. Apart from this, the study talks about the growth rate, market share as well as the recent developments in the Fiberglass industry worldwide. Besides, the special mention of major market players adds importance to the overall market study.

Dealing with the competition and competitors
The subject matter experts conducting the study offer a deep understanding of how prominent leaders have managed to navigate the potential buyers and competitive dynamics influencing their brand positioning in the industry The Fiberglass market analysis provides everything a business owner needs in order to succeed.

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Here are the questions we answer...
What are the future opportunities in store for the vendors operating in the Fiberglass market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Fiberglass market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2027?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the Fiberglass market growth worldwide?

A conscious effort is made by the subject matter experts to analyse how some business owners succeed in maintaining a competitive edge while the others fail to do so makes the research interesting. A quick review of the realistic competitors makes the overall study a lot more interesting. Opportunities that are helping product owners' size up their business further add value to the overall study.

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Key Highlights of Report
In August 2020, Owens Corning announced a new product line called FOAMULAR® NGX insulation. The proprietary blowing agent in this new line of extruded polystyrene (XPS) foam products delivers 90% reduction in global warming potential (GWP), without sacrificing product performance.
The glass wool segment held the largest market share of 33.5% in 2019. Increasing expenditure on ongoing construction projects in developed as well as developing economies has resulted in increased demand for glass wool.
The composites segment is projected to expand at the most rapid CAGR of 5.0% during the forecast period. The non-conductive nature and lower heat distribution gradient of fiberglass help in making it a great electric insulator. Also, it saves energy and lowers utility bills, which has increased utilization of fiberglass composites in the construction & infrastructure industry.
The automobiles segment accounted for the largest market share in 2019. Increasing automotive sales in the Asia Pacific region have driven use of fiberglass components in the manufacture of automobile parts.
The Asia Pacific market is expected to expand at the most rapid rate during the forecast period. Growing urbanization and rising purchasing power of consumers have resulted in increasing automotive sales in the region, which is expected to drive the fiberglass market in Asia Pacific during the forecast period.
Key market participants include TAISHAN FIBERGLASS INC. (CTG), Owens Corning, Nippon Electric Glass Co., LTD., Binani 3B-The Fibreglass Company, China Jushi Co., Ltd., Taiwan Glass Ind Corp., PFG Fiber Glass (Kunshan) Co., Ltd., Johns Manville Corp., Knauf Insulation, and AGY Holding Corp.

Type Outlook (Revenue, USD Billion; 2017–2027)
Glass Wool
Chopped Strands

Application Outlook (Revenue, USD Billion; 2017–2027)

End-use Outlook (Revenue, USD Billion; 2017–2027)
Wind Energy
Building & Construction

Regional Outlook (Revenue: USD Billion; 2017-2027)
North America
Asia Pacific
Latin America

Get to know the business better:
The global Fiberglass market research is carried out at the different stages of the business lifecycle from the production of a product, cost, launch, application, consumption volume and sale. The research offers valuable insights into the marketplace from the beginning including some sound business plans chalked out by prominent market leaders to establish a strong foothold and expand their products into one that's better than others.

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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Fiberglass Market Segmentation & Impact Analysis
Chapter 5. Fiberglass Market By Application Insights & Trends, Revenue (USD Billion)
Chapter 6. Fiberglass Market By Platform Insights & Trends Revenue (USD Billion)
Chapter 7. Fiberglass Market By Component Insights & Trends Revenue (USD Billion)
Chapter 8. Fiberglass Market By End Users Insights & Trends Revenue (USD Billion)
Chapter 9. Fiberglass Market Regional Outlook

Media Relations Contact

John Watson
Emergen Research

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