As per this study the Global Fiberglass Fabric Market was valued USD XX MN (by revenue) in 2022 and is anticipated to reach USD XX MN by 2030 with a CAGR of 7.1%. By volume, the market was estimated XX Million Square Meters in 2022 and is expected to reach XX Million Square Meters by 2030 with a CAGR of XX%.
Fiberglass is a type of fiber-reinforced polymer where glass is used as a reinforced material. These polymers are flattened into the sheets, randomly arranged or woven to form a fiberglass fabric. It is also known as bonded fiberglass fabric. Fiberglass fabrics are more flexible than any other fabrics and can be molded into complex shapes. It is a strong woven textile used mainly for non-apparel and industrial applications. Fiberglass fabrics possess excellent properties such as electrical insulation and resistance hence they are used as prime material for printed board circuits (PCBs). Also, these fabrics find applications in aerospace and defense, construction, wind energy (rotor blades), and others.
Market Dynamics
The increasing demand for the power generation from the wind energy industry, requiring a fiberglass fabric in the rotor blades, is fueling the global fiberglass fabric market growth. Moreover, the rising demand for PCBs using fiberglass fabrics is again boosting the market. However, the high production cost of fiberglass fabric is expected to restrain market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of fiberglass fabric.
Market Segmentation
The broad fiberglass fabric market has been sub-grouped into product, fabric type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Product
By Fabric Type
By Application
- Aerospace & Defense
- Construction
- Electrical & Electronics
- Marine
- Transportation
- Wind Energy
- Others
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for fiberglass fabric in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Fiberglass Fabric Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the fiberglass fabric market includes Amatex Corporation, Atlanta Fiberglass, USA, Auburn Manufacturing, Inc., BGF Industries, Inc., Colan Australia, Fothergill Group, Gurit, Hexcel Corporation, Jushi Group Co. Ltd., Mid-Mountain Materials, Inc., Owens Corning, Parabeam BV, Porcher Industries, TEI Composites Corporation, ValuTex Reinforcements, Inc.. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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