The global glass fiber market is promising with opportunities in the end use industries such as transportation, construction, pipe and tank, electrical and electronics, wind energy, and consumer goods.
The global glass fiber market is expected to reach an estimated $9.4 billion by 2023, and it is forecast to grow at a CAGR of 3.9% from 2018 to 2023.
The major growth driver for glass fiber is the rise in demand for products made of glass composites; these include bathtubs, pipes, tanks, printed circuit boards, wind blades, and automotive parts.
Emerging trends, which have a direct impact on the dynamics of the glass fiber industry, include cost optimization and performance enhancement of glass fibers.
The study includes the glass fiber market size and forecast for the global glass fiber market through 2023, segmented by product type, application, and region, as follows:
Glass Fiber Market by Application Type (million pounds and $ million shipment analysis from 2012 to 2023):
Transportation
Pipe and Tank
Aerospace
Construction
Electrical and Electronics
Consumer Goods
Wind Energy
Others
Glass Fiber Market by Manufacturing Process (million pounds and $ million shipment analysis from 2012 to 2023):
Hand lay up
Spray up
Resin infusion
Pultrusion
Injection molding
Compression molding
Prepreg lay up
Others
Glass Fiber Market by Product Type (million pounds and $ million shipment analysis in 2017):
Single end roving
Multi end roving
Woven roving
Fabrics
CSM
CFM
DUCS
CS
Others
Glass Fiber Market by Region (million pounds and $ million shipment analysis from 2012 to 2023):
North America
Europe
Asia Pacific
The Rest of the World
Glass Fiber Market by Country (NYSE:M) and Volume (M lbs) shipment analysis for 2012- 2023):
USA
Canada
Mexico
Germany
France
Italy
Spain
UK
China
India
Japan
Taiwan
Brazil
The segments of construction and pipe & tank are expected to show average growth during the forecast period from 2018 to 2023.
Within the global glass fiber market, transportation is expected to remain the largest market by value and volume consumption. Government regulations, such as CAFE Standards in the US and carbon emission targets in Europe, are putting pressure on OEMs to incorporate lightweight materials to curb the overall vehicle weight, and this is the key driver for glass fiber in the transportation industry.
Asia Pacific is expected to remain the largest region by value and volume and is also expected to experience the highest growth over the forecast period because of growth in construction, transportation, and the electrical and electronics segments. Growing economy, growth in population, and urbanization are the major forces that drive the construction segment, especially in China and India.
Key Features
Market size estimates: Global glass fiber market size estimation in terms of value (NYSE:M) and volume (Million Pounds) shipment.
Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.
Segmentation analysis: Global glass fiber market size by various applications such as application, manufacturing process, product, and country in terms of value and volume shipment.
Regional analysis: Global glass fiber market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions of glass fiber in the glass fiber market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of glass fiber in the glass fiber market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Key Topics Covered
1. Executive Summary
2. Market Background and Classifications 2.1: Introduction, Background, and Classifications 2.2: Supply Chain 2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2012 to 2023 3.1: Macroeconomic Trends and Forecast 3.2: Global Glass Fiber Supply and Demand Capacity 3.3: Global Glass Fiber Market Trends and Forecast 3.4: Global Glass Fiber Market by Application 3.4.1: Marine 3.4.2: Transportation 3.4.3: Pipe and Tank 3.4.4: Aerospace 3.4.5: Construction 3.4.6: Electrical and Electronics 3.4.7: Consumer Goods 3.4.8: Wind Energy 3.4.9: Others 3.5: Global Glass Fiber Market by Manufacturing Process 3.6: Global Glass Fiber Market by Product Type
4. Market Trends and Forecast Analysis by Region 4.1: Global Glass Fiber Market by Region 4.2: North American Glass Fiber Market 4.2.1: Market by Application: Marine, Transportation, Pipe and Tank, Aerospace, Construction, Electrical and Electronics, Consumer Goods, Wind Energy, and Others 4.2.2: Glass Fiber Market of the US 4.2.3: Glass Fiber Market of Canada 4.2.4: Glass Fiber Market of Mexico 4.3: European Glass Fiber Market 4.3.1: Market by Application: Marine, Transportation, Pipe and Tank, Aerospace, Construction, Electrical and Electronics, Consumer Goods, Wind Energy, and Others 4.3.2: Glass Fiber Market of Germany 4.3.3: Glass Fiber Market of the UK 4.3.4: Glass Fiber Market of France 4.3.5: Glass Fiber Market of Italy 4.3.6: Glass Fiber Market of Spain 4.4: APAC Glass Fiber Market 4.4.1: Market by Application: Marine, Transportation, Pipe and Tank, Aerospace, Construction, Electrical and Electronics, Consumer Goods, Wind Energy, and Others 4.4.2: Glass Fiber Market of China 4.4.3: Glass Fiber Market of India 4.4.4: Glass Fiber Market of Japan 4.4.5: Glass Fiber Market of Taiwan 4.5: ROW Glass Fiber Market 4.5.1: Market by Application: Marine, Transportation, Pipe and Tank, Aerospace, Construction, Electrical and Electronics, Consumer Goods, Wind Energy, and Others 4.5.2: Glass Fiber Market of Brazil
7. Growth Opportunities and Strategic Analysis 7.1: Growth Opportunity Analysis 7.1.1: Growth Opportunities for the Global Glass Fiber Market by Application 7.1.2: Growth Opportunities for the Global Glass Fiber Market by Region 7.2: Emerging Trends in the Global Glass fiber Market 7.3: Strategic Analysis 7.3.1: New Product Development 7.3.2: Capacity Expansion of the Global Glass Fiber Market 7.3.3: Mergers, Acquisitions and Joint Ventures in the Global Glass Fiber Market 7.3.4: Certification and Licensing
8. Company Profiles of Leading Players 8.1: Owens Corning 8.2: Jushi Group Co., Ltd. 8.3: Chongqing Polycomp International Corporation (CPIC) 8.4: Taishan Fiberglass Inc. 8.5: Taiwan Glass Group 8.6: Nippon Electric Glass Co., Ltd. 8.7: Sichuan Weibo. Co., Ltd. 8.8: 3B the Fiber Glass Company (Goa Glass fiber) 8.9: Johns Manville Corporation. 8.8: Nitto Boseki Corporation
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