The Glass Fiber Market is projected to register a CAGR of over 4% during the forecast period (2021-2027).
Fiberglass is a material made into a fabric by bonding extremely thin glass filaments with threads. It is made by mixing and melting silica (SiO2), limestone, and soda ash in a three-stage furnace, extruding molten glass through a bushing at the bottom of the furnace, and then cooling the filament with water. Glass fiber has excellent corrosion resistance, high rigidity and strength, high tensile strength, and high temperature resistance and durability. These fibers are used in end-use industries such as automotive, construction, marine, wind energy, aerospace and defense. However, problems in the production process, the cost-intensive nature of the new technology and the low margins of fiberglass are limiting the market growth.
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Market Segments
Global Glass Fiber Market, by Fiber Type
- E/ECR-Glass Fiber
- S-Glass Fiber
- C-Glass Fiber
- Others
Global Glass Fiber Market, by Product Type
- Single-End Roving
- Multi-End Roving
- Woven Roving
- Others
Global Glass Fiber Market, by Application
- Marine
- Transportation
- Aerospace
- Construction
- Electrical and Electronics
- Consumer Goods
Key Players
Some of the major players in the market include China Jushi Co. Ltd, Owens Corning, Saint-Gobain Vetrotex, Johns Manville, and Nippon Electric Glass Co. Ltd, among others.
Scope of the Report
The research study analyzes the global Glass Fiber industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Glass Fiber Market is available at: https://www.orionmarketreports.com/glass-fiber-market/62496/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Glass Fiber Market Report
1. What was the Glass Fiber Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Glass Fiber Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Glass Fiber Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Glass Fiber market.
- The market share of the global Glass Fiber market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Glass Fiber market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Glass Fiber market.
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