Fiberglass Market Global Trend Forecast 2023


Posted July 18, 2019 by MoinPatni

The increasing awareness of energy saving is also driving the demand of fiberglass insulation market, eventually, fostering the market growth of Fiberglass

 
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.
Fiberglass’s application in insulation is providing added impetus to its market growth. The segment Fiberglass insulation has impressive growth in construction activity, increasing demand for higher thermal efficiency, lightweight, strength, durability, and eco-friendly insulation products. The increasing awareness of energy saving is also driving the demand of fiberglass insulation market, eventually, fostering the market growth of Fiberglass.
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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 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 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 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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Issued By Mpatni
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Business Address Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
Country India
Categories Business
Tags fiberglass market share
Last Updated July 18, 2019