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 Market is growing mainly due to its varied applications in bourgeoning automotive industry. According to a recent study report published by the Market Research Future, the global market of Fiberglass is growing with the rapid pace and expected to gain prominence over the forecast period.
Fiberglass has found its extensive application in Aerospace market. Many critical products used in the aerospace are made of fiberglass where strength, dimensional stability, corrosion resistance, weight and cost performance are the matter of concerns. Both E Glass and S Glass fibers offer unique reinforcement properties, including a balance of strength, fiber toughness, tensile and compressive modulus and impact resistance that are critical in these high-performance aerospace applications. Fiberglass reinforcements perform well across a wide variety of resin systems that are used in the aerospace market.
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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), 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 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 Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Fiberglass Market
Fiberglass Market Table of Content to be Continue…...,
Complete Table Of Content Is Available at @ https://www.marketwatch.com/press-release/fiberglass-market-growth-worth-estimated-by-reach-usd-2032-bn-and-share-report-industry-size-trend-news-sales-revenue-key-player-by-global-analysis-forecast-to-2023-2019-03-01
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