Global Glass Fiber Market

Glass fiber or fiberglass (Trade name) is a material made from extremely fine fibers of glass. Being amorphous in nature, it is also characterized by lightweight, less brittleness and thermal insulation properties. The above properties and its low price makes it good choice to be used in composites. Glass fibers are used as reinforcing agent in many polymer products and fiber reinforced polymer composite material. The scope of applications of glass fiber is stretched from insulation, aviation and aerospace industry to medical and generation of wind energy by building turbine blades.

Market Dynamics

The market of glass fiber is mostly driven by construction and automotive industry. The emerging economies coupled with increased use of insulation boost the market. In addition to this, the increased focus on energy conservation in the construction industry has led to higher utilization of glass fiber because of its ability to provide superior insulation properties at minimal cost. At present the only threat to glass fibers lies in the offering of superior alternative that is, carbon fiber through its functional properties.

Market segmentation

Theglobal fiber glass market can be segmented on the basis of type, application and region.

A. Type

Depending on the raw material used and their proportions to make fiberglass, fiberglass can be classified into following types:

--> A - glass

--> C- glass

--> E- glass

--> AE - glass

--> S - glass

B. Applications

The applications of fiber glass are based on its, functionality. They not only provide insulation, but also has property of protecting the machinery, conserving energy. Fiber glass market can be segmented into following

industries:

--> Beverage Industry

--> Chemical industry

--> Food processing

--> Manufacturing

--> Metals and mining

--> Power generation

--> Automotive industry

--> Construction industry

--> Aerospace and defence industry

C. Region

Fiber glass is cost effective solution to various industrial and manufacturing operational problems and hence it is used widely by both developed and developing nations.Fiber glass market is spanned across the world and can be segmented based on the regions as follows.

--> Asia Pacific region

--> North America

--> Europe

--> Middle East and Africa

--> South America.

Regional /Geographic Analysis

Asia - pacific region is largest market by value and region for fiber glass. Growth in population and industrialization are major forces that drive construction and transportation sector and hence eventually the fiber glass market.

Opportunities

The opportunities for fiber glass liesfuture scope in the of its applications. The continuous efforts towards innovation so as to produce energy through renewable sources, leads to increase in demand for glass fiber. Also, demand for light weight fuel efficient aircrafts and cars are key opportunities for new players in the market.

Key Players

Asia is the largest producer of glass fiber and it makes up of about half of the global production. Some of the leading players in the market are PPG industries, Owens Corning, Nippon sheath glass, China fiberglass company, knauf and Advanced Glass Fiber Yarns etc.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage