Global Fiberglass Market Information-by Types (A-glass, C-glass, D-glass, E-glass, R-glass, S-glass) Application (Composites, Insulations) End User (Aerospace, Automotive, Construction, Electrical, Pharmaceutical, Industrial) Region Forecast to 2023
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.
The upsurge in the industrial applications has led to diverse uses for fiberglass as it is an easily attainable and inexpensive composite fabric. Moreover, the demand gap in the African region is anticipated to further provide new prospects for market growth in the forecast period.
Fiberglass Industry Updates:
Aug 2018 Jushi which is China's massive fiberglass corporation has recently announced the completion of the production base of 200,000 tons of fiberglass by its branch in Egypt's Ain Sokhna district.
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Fiberglass Market Key Players:
Fiberglass Market are;
• 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)
• Fiber 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.
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…...,
Complete table of content is available at @ https://www.marketresearchfuture.com/reports/fiberglass-market-3196
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