Reports and Data estimates the global Special-Purpose Glass Fibers competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Special-Purpose Glass Fibers during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Saint-Gobain Vetrotex, Owens Corning Corporation, PPG, Lanxess, Jushi Group Co. Ltd., CPIC, Taishan Fiberglass (Sinoma), Sichuan Weibo New Material Group, Jiangsu Jiuding New Material, Changzhou Tianma Group, BGF Industries, Nitto Boseki Co. Ltd., Asahi Glass Company Limited, Johns Manville, and Advanced Glassfiber Yarns LLC
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Special-Purpose Glass Fibers Overview :-
The global special-purpose glass fibers market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. Key factors driving market revenue growth are rising construction and building sector, rapid urbanization, rising disposable income, and technological advancements.
Rapid industrialization and urbanization has led to increase in number of construction and building projects with modern equipment and durable materials. Glass fiber or fiberglass can be defined as a raw-material composed of extremely thin fibers of glass that possesses exceptional properties of durability, lightweight, dimensional stability, and heat resistance. Mainly used in the construction industry, special purpose glass fibers are slowly gaining popularity among consumers due to properties such as high tensile strength and versatility in end-use. Thin strands of silica-based or other glass material are extruded into fibers and are further processed based on application. Increasing adoption in automobile, aerospace and leisure goods industry, coupled with wide-range of benefits associated with the material, is expected to provide new opportunities for market growth.
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For the purpose of this report Reports and Data has segmented global Special-Purpose Glass Fibers market on the basis of type, application, and region:
Types Outlook (Revenue, USD Billion; 2018 – 2028)
- High Temperature Resistant Glass Fiber
- Alkali Resistant Glass Fiber
- Other
Manufacturing Process Outlook (Revenue, USD Billion; 2018 – 2028)
- Spray Up
- Hand Lay-Up
- Injection Molding
- Prepreg Lay-Up
- Pultrusion
- Resin Infusion
- Compression Molding
- Others
Application Outlook (Revenue, USD Billion; 2018 – 2028)
- Transportation
- Construction
- Pipe Tank
- Aerospace
- Electrical Electronics
- Wind Energy
- Consumer Goods
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the Special-Purpose Glass Fibers during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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About Reports and Data
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