HOME Top Market Reports Fiberglass Market by Type (Roving, Yarns), by Application (Composites, Insulations) & by Region - Trends & Forecast to 2020

Fiberglass Market by Type (Roving, Yarns), by Application (Composites, Insulations) & by Region - Trends & Forecast to 2020

By: marketsandmarkets.com
Publishing Date: August 2015
Report Code: CH 3670

Discount on Reports  

  Speak to Analyst Enquiry Before Buying  
purchase report
download pdf  request for customisation


The global fiberglass market is valued at USD 9.27 Billion in 2014 and is expected to grow at 9.0% CAGR for the time period 2014-2020.

Fiberglass (or fibreglass) is a type of fiber reinforced plastic, where the reinforcement fiber is specifically glass fiber. The glass fiber may be randomly arranged, compressed into a sheet (called a chopped strand mat), or woven into a fabric. The plastic matrix may be a thermosetting plastic, which is most often epoxy, polyester resin, vinylester, or a thermoplastic. Fiber glass is used in major applications, such as composites, insulations, storage tanks, house building, piping, and filament winding. This market is experiencing an enormous growth and is expected to continue a similar trend in the near future. It is mainly driven by highly-growing markets in regions, such as Europe and North America.

This market research study estimates the global market of fiber glass till 2020. It provides a detailed qualitative and quantitative analysis of the Global Fiberglass Market. It also provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues of this market. This market is further segmented, in terms of geographic regions, into North America, Europe, Asia-Pacific, and Rest of the World (RoW). Competitive scenario and market shares of the top players in the market have also been discussed in detail. The top players of the industry are profiled in detail with their recent developments and other strategic industry activities.

The market has also been segmented on the basis of application and type. The major applications for fiberglass are composites, insulation, and others.

We have used various secondary sources, such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of fiber glass. The primary sources, which include selected experts from related industries and selected suppliers, have been interviewed to obtain and verify critical information as well as to assess the future prospects of fiber glass.

We have also profiled leading players of this industry with their recent developments and other strategic industry activities. Key participants in the global market include Jushi Group (China), Owens Corning (U.S.), and Saint-Gobain Vetrotex (France), among others.

Scope of the Report: This research report categorizes the global fiberglass market on the basis of application, type, and geography; and forecasts volumes, revenues, and analyzing trends in each of the submarkets.

On the Basis of Application: The fiberglass market is segmented on the basis of composites, insulation, and others. Each application is further described in detail in the report with forecasted volumes and revenues for each application.

On the Basis of Type: The fiberglass market is segmented on the basis of types, such as roving and yarns.

On the Basis of Geography: The geographic segmentation includes North America, Europe, Asia-Pacific, and RoW.

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Scope of the Study
           1.2.1 Markets Covered
           1.2.2 Fiberglass Market, By Type
           1.2.3 Market, By End-User Industry
           1.2.4 Market, By Geography
    1.3 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Methodology
    2.2 Market Size Estimation
           2.2.1 Market Size
           2.2.2 List of Secondary Sources
    2.3 Market Breakdown and Data Triangulation
    2.4 Market Share Estimation
           2.4.1 Key Data From Secondary Sources
           2.4.2 Key Data From Primary Sources
                    2.4.2.1 Key Industry Insights
           2.4.3 Assumptions

3 Executive Summary (Page No. - 24)

4 Premium Insights (Page No. - 27)
    4.1 Attractive Market Opportunities in the Fiberglass Market
    4.2 Fiberglass Market: Regional Segments
    4.3 Market, By End User
    4.4 Market: Developing Vs. Developed Nations
    4.5 Fastest-Growing Markets, By Type
    4.6 Life Cycle Analysis, By Region

5 Market Overview (Page No. - 32)
    5.1 Introduction
    5.2 Evolution
    5.3 Market Segmentation
           5.3.1 Fiberglass Market, by Type
                    5.3.1.1 Roving
                    5.3.1.2 Yarns
           5.3.2 Fiberglass Market, by Application
                    5.3.2.1 Composites
                    5.3.2.2 Insulations
           5.3.3 Fiberglass Market, by Geography
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Rise in Global Gdp
                    5.4.1.2 Growth in Industrial Production and Construction
                    5.4.1.3 Cost Effective Production in Asia-Pacific
           5.4.2 Restraints
                    5.4.2.1 Low Margin on Sales
                    5.4.2.2 Competition From Carbon Fiber and Rockwool
           5.4.3 Opportunities
                    5.4.3.1 Growth of Light-Weight Gfrp Composites
                    5.4.3.2 Rising Demand for Wind Energy Composites
    5.5 Winning Imperative
           5.5.1 Focus on New Product Development

6 Industry Trends (Page No. - 43)
    6.1 Introduction
    6.2 Porter’s Five Forces Analysis
           6.2.1 Bargaining Power of Suppliers
           6.2.2 Threat of New Entrants
           6.2.3 Threat of Substitutes
           6.2.4 Bargaining Power of Buyers
           6.2.5 Intensity of Rivalry

7 Fiberglass Market, by Type (Page No. - 49)
    7.1 Introduction
    7.2 Roving
    7.3 Yarns

8 Fiberglass Market, by Application (Page No. - 54)
    8.1 Introduction
    8.2 Market Size & Projection
    8.3 Composites
    8.4 Insulations
    8.5 Others

9 Regional Analysis (Page No. - 63)
    9.1 Introduction
    9.2 Asia-Pacific
           9.2.1 China
           9.2.2 Japan
    9.3 North America
           9.3.1 U.S.
           9.3.2 Canada
    9.4 Europe
           9.4.1 Germany
           9.4.2 Belgium
           9.4.3 Italy
    9.5 Rest of the World
           9.5.1 Bahrain
           9.5.2 Saudi Arabia

10 Competitive Landscape (Page No. - 103)
     10.1 Overview
     10.2 New Product Launch: the Most Popular Growth Strategy
     10.3 Maximum Developments in Asia-Pacific and North America, 2011–2015
     10.4 Maximum Developments Recorded in 2013
     10.5 Jushi Group: the Biggest Producer
     10.6 Competitive Situation & Trends
     10.7 Expansion
     10.8 New Product Launch
     10.9 Mergers & Acquisitions
     10.10 Contracts & Agreements
     10.11 Investment
     10.12 Joint Venture

11 Company Profiles (Page No. - 114)
     11.1 Introduction
     11.2 Jushi Group
               11.2.1 Business Overview
               11.2.2 Product Offerings
               11.2.3 Recent Developments
               11.2.4 SWOT Analysis
     11.3 Owens Corning
               11.3.1 Business Overview
               11.3.2 Product Offerings
               11.3.3 Recent Developments
               11.3.4 SWOT Analysis
     11.4 Saint-Gobain Vetrotex
               11.4.1 Business Overview
               11.4.2 Product Offering
               11.4.3 Recent Developments
               11.4.4 SWOT Analysis
     11.5 PPG Industries Inc.
               11.5.1 Business Overview
               11.5.2 Product Offering
               11.5.3 Recent Developments
               11.5.4 SWOT Analysis
     11.6 Braj Binani Group (3b-The Fiberglass Company)
               11.6.1 Business Overview
               11.6.2 Product Offerings
               11.6.3 Recent Developments
               11.6.4 SWOT Analysis
     11.7 AGY Holding Corp
               11.7.1 Business Overview
               11.7.2 Product Offerings
               11.7.3 Recent Developments
     11.8 Taiwan Glass Industry Corporation
               11.8.1 Business Overview
               11.8.2 Product Offerings
               11.8.3 Recent Developments
     11.9 PFG Fiber Glass (Kushan) Co. Ltd
               11.9.1 Business Overview
               11.9.2 Product Offerings
               11.9.3 Recent Developments
     11.10 Asahi Fiberglass Company
               11.10.1 Business Overview
               11.10.2 Product Offerings
               11.10.3 Key Strategy
               11.10.4 Recent Developments
               11.10.5 SWOT Analysis
     11.11 Taishan Fiberglass Inc
               11.11.1 Business Overview
               11.11.2 Product Offerings
               11.11.3 Key Strategy
               11.11.4 Recent Developments
               11.11.5 SWOT Analysis

12 Appendix (Page No. - 151)
     12.1 Introducing RT: Real Time Market Intelligence
     12.2 Available Customizations


List of Tables (86 Tables)

Table 1 Polyurethane Foams Market Size, 2014-2020
Table 2 Impact Analysis of Drivers
Table 3 Impact Analysis of Restraints
Table 4 Impact Analysis of Opportunities
Table 5 Fiberglass Market Size, By Type, 2013-2020 (Kilotons)
Table 6 Fiberglass Market Size, By Type, 2013-2020 (USD MN)
Table 7 Roving Consumption (Kilotons) and Value (USD MN), 2013-2020
Table 8 Yarns Consumption (Kilotons) and Value (USD MN), 2013-2020
Table 9 Fiberglass Market Size, By Application, 2013-2020 (USD MN)
Table 10 Composites Fiberglass Market Size (Volume & Value), 2013-2020
Table 11 Composites Fiberglass Market Size, By Geography, 2013-2020 (Kilotons)
Table 12 Composites Fiberglass Market Size, By Geography, 2013-2020 (USD MN)
Table 13 Insulations Fiberglass Market Size (Volume & Value), 2013-2020
Table 14 Insulations Fiberglass Market Size, By Geography, 2013-2020 (Kilotons)
Table 15 Insulations Fiberglass: Market Size, By Geography, 2013-2020 (USD MN)
Table 16 Others Market Size (Volume & Value), 2013-2020
Table 17 Others Market Size, By Geography, 2013-2020 (Kilotons)
Table 18 Others Market Size, By Geography, 2013-2020 (USD MN)
Table 19 Fiberglass Market Size, By Region, 2013-2020 (Kilotons)
Table 20 Fiberglass Market Size, By Region, 2013-2020 (USD MN)
Table 21 Asia-Pacific: Fiberglass Market Size, By Country, 2013–2020 (Kilotons)
Table 22 Asia-Pacific: Market Size, By Country, 2013–2020 (USD MN)
Table 23 Asia-Pacific: Market Size, By Type, 2013-2020 (Kilotons)
Table 24 Asia-Pacific: Market Size, By Type, 2013-2020 (USD MN)
Table 25 Asia Pacific: Market Size, By Application, 2013–2020 (Kilotons)
Table 26 Asia Pacific: Fiberglass Market Size, By Application, 2013–2020 (USD MN)
Table 27 China: Market Size, By Type, 2013–2020 (Kilotons)
Table 28 China: Market Size, By Type, 2013–2020 (USD MN)
Table 29 China: Fiberglass Market Size, By Application, 2013–2020 (Kilotons)
Table 30 China: Market Size, By Application, 2013–2020 (USD MN)
Table 31 Japan: Market Size, By Type, 2013–2020 (Kilotons)
Table 32 Japan: Market Size, By Type, 2013–2020 (USD MN)
Table 33 Japan: Market Size, By Application, 2013–2020 (Kilotons)
Table 34 Japan: Fiberglass Market Size, By Application, 2013–2020 (USD MN)
Table 35 North America: Fiberglass Market Size, By Country, 2013–2020 (Kilotons)
Table 36 North America: Market Size, By Country, 2013–2019 (USD MN)
Table 37 North America: Market Size, By Type, 2013-2020 (Kilotons)
Table 38 North America: Market Size, By Type, 2013-2019 (USD MN)
Table 39  North America: Fiberglass Market Size, By Application, 2013–2020 (Kilotons)
Table 40 North America: Market Size, By Application, 2013–2020 (USD MN)
Table 41 U.S.: Market Size, By Fiberglass Type, 2013–2020 (Kilotons)
Table 42 U.S.: Market Size, By Type, 2013–2020 (USD MN)
Table 43 U.S.: Fiberglass Market Size, By Application, 2013–2020 (Kilotons)
Table 44 U.S.: Market Size, By Application, 2013–2020 (USD MN)
Table 45 Canada: Market Size, By Type, 2013–2020 (Kilotons)
Table 46 Canada: Market Size, By Type, 2013–2020 (USD MN)
Table 47 Canada: Market Size, By Application, 2013–2020 (Kilotons)
Table 48 Canada: Fiberglass Market Size, By Application, 2013–2020 (USD MN)
Table 49 Europe: Market Size, By Country, 2013–2020 (Kilotons)
Table 50 Europe: Market Size, By Country, 2013–2020 (USD MN)
Table 51 Europe: Market Size, By Type, 2013-2020 (Kilotons)
Table 52 Europe: Fiberglass Market Size, By Type Of, 2013-2020 (USD MN)
Table 53 Europe: Market Size, By Application, 2013–2020 (Kilotons)
Table 54 Europe: Market Size, By Application, 2013–2020 (USD MN)
Table 55 Germany: Market Size, By Type, 2013–2020 (Kilotons)
Table 56 Germany: Market Size, By Type, 2013–2020 (USD MN)
Table 57 Germany: Market Size, By Application, 2013–2020 (Kilotons)
Table 58 Germany: Fiberglass Market Size, By Application, 2013–2020 (USD MN)
Table 59 Belgium: Market Size, By Type, 2013–2020 (Kilotons)
Table 60 Belgium: Market Size, By Type, 2013–2019 (USD MN)
Table 61 Belgium: Market Size, By Application, 2013–2020 (Kilotons)
Table 62 Belgium: Market Size, By Application, 2013–2020 (USD MN)
Table 63 Italy: Fiberglass Market Size, By Type, 2013–2019 (Kilotons)
Table 64 Italy: Market Size, By Type, 2013–2020 (USD MN)
Table 65 Italy: Market Size, By Application, 2013–2020 (Kilotons)
Table 66 Italy: Market Size, By Application, 2013–2020 (USD MN)
Table 67 RoW: Fiberglass Market Size, By Country, 2013–2020 (Kilotons)
Table 68 RoW: Market Size, By Country, 2013–2020 (USD MN)
Table 69 RoW: Market Size, By Type, 2013-2020 (Kilotons)
Table 70 RoW: Market Size, By Type, 2013-2020 (USD MN)
Table 71 RoW: Market Size, By Application, 2013–2020 (Kilotons)
Table 72 RoW: Fiberglass Market Size, By Application, 2013–2020 (USD MN)
Table 73 Bahrain: Market Size, By Type, 2013–2020 (Kilotons)
Table 74 Bahrain: Market Size, By Type, 2013–2020 (USD MN)
Table 75 Bahrain: Market Size, By Application, 2013–2020 (Kilotons)
Table 76 Bahrain: Fiberglass Market Size, By Application, 2013–2020 (USD MN)
Table 77 Saudi Arabia: Market Size, By Type, 2013–2020 (Kilotons)
Table 78 Saudi Arabia: Market Size, By Type, 2013–2020 (USD MN)
Table 79 Saudi Arabia: Fiberglass Market Size, By Application, 2013–2020 (Kilotons)
Table 80 Saudi Arabia: Market Size, By Application, 2013–2020 (USD MN)
Table 81 Expansion, 2013–2014
Table 82 New Product Launch, 2012–2015
Table 83 Mergers & Acquisitions, 2011–2015
Table 84 Contracts & Agreements, 2011–2014
Table 85 Collaboration Accounted for A Share of 6% of the Total Strategic Developments in the Market Between 2011 and 2015. Collaboration, 2014
Table 86 Joint Venture, 2011
  
 
List of Figures (53 Figures)
 
Figure 1 Fiberglass Market Segmentation
Figure 2 Fiberglass Market: Research Design
Figure 3 Fiberglass Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Fiberglass Market Size Estimation Methodology: Top-Down Approach
Figure 5 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 6 Furniture & Bedding and Building & Construction Industries are Expected to Drive the Global Fiberglass Market
Figure 7 Fiberglass Regional Market Share, By Value (2015) & CAGR (2015-2020)
Figure 8 Fiberglass Market Size, By Value
Figure 9 Asia-Pacific to Grow at the Highest CAGR Between 2015 and 2020
Figure 10 Composites Segment Held the Largest Share of the Fiberglass Market
Figure 11 China to Emerge as A Lucrative Market
Figure 12 Fiberglass Market has High Growth Potential in the Emerging Economies
Figure 13 High Growth Potential in Asia-Pacific for Fiberglass Market
Figure 14 Fiberglass Market, By Type
Figure 15 Fiberglass Market, By Applications
Figure 16 Fiberglass Market, By Geography
Figure 17 Drivers, Restraints, Opportunities, and Challenges in the Global Fiberglass Market
Figure 18 Supply Chain Analysis
Figure 19 Porter’s Five Forces Analysis
Figure 20 Roving Dominates the Fiberglass Market, 2015 Vs. 2020
Figure 21 Yarns Segment to Register High Growth Between 2015 and 2020
Figure 22 Composites Segment to Register the Highest Demand During the Forecast Period
Figure 23 Asia-Pacific is Expected to Drive the Fiberglass Market in Composites Industry
Figure 24 Asia-Pacific is Expected to Drive the Fiberglass Market in Insulations Industry
Figure 25 Asia-Pacific is Expected to Drive the Fiberglass Market in Others
Figure 26 Regional Snapshot (2015–2020)–Rapid Growth Markets are Emerging as New Strategic Locations
Figure 27 Chinese Market has the Highest Growth Potential
Figure 28 Asia-Pacific Market Snapshot: China to Register the Highest Growth
Figure 29 North America Market Snapshot: Germany to Continue to Dominate the Market
Figure 30 European Market Snapshot: the Region is A Mature Market for Fiberglass
Figure 31 RoW Market Snapshot: Bahrain is the Most Lucrative Market
Figure 32 Companies Primarily Adopted Organic Growth Strategies
Figure 33 New Product Development Made Asia-Pacific and North America the Most Active Regions
Figure 34 Fiberglass Market Developmental Share, 2011–2015
Figure 35 Growth Strategies Share, By Company, 2011–2015
Figure 36 Geographic Revenue Mix of the Top Five Market Players
Figure 37 Jushi Group: Business Overview
Figure 38 Jushi Group: SWOT Analysis
Figure 39 Owens Corning : Business Overview
Figure 40 Owens Corning: SWOT Analysis
Figure 41 Saint-Gobain Vetrotex: Business Overview
Figure 42 Saint-Gobain Vetrotex: SWOT Analysis
Figure 43 PPG Industries: Business Overview
Figure 44 PPG Industries: SWOT Analysis
Figure 45 The Braj Binani Group(3b-The Fiberglass Company): Business Overview
Figure 46 The Braj Binani Group(3b-The Fiberglass Company): SWOT Analysis
Figure 47 AGY Holding Corp.: Business Overview
Figure 48 Taiwan Glass Industry Corporation: Business Overview
Figure 49 PFG Fiber Glass (Kunshan) Co. Ltd.: Business Overview
Figure 50 Asahi Fiberglass Company: Business Overview
Figure 51 Asahi Fiberglass Company: SWOT Analysis
Figure 52 Taishan Fibergalss Inc.: Business Overview
Figure 53 Taishan Fibergalss Inc.: SWOT Analysis

Fiberglass is one of the most versatile fiber reinforced plastics. it is available in two types such as roving and yarns. The ever-increasing need for light, strong, weather-proof and anti-corrosion materials is driving the growth of these products. Fiberglass are found in composites and insulation applications. This enables their use in a wide variety of consumer and industrial applications, including thermal insulation in buildings, automobile frames, equipment in aircrafts and as insulation materials and composite doors, roofs and fittings in residential and commercial buildings. The fiberglass market is driven by various composite based applications such as wind energy, aerospace, automotive, electrical and electronics, building and construction, pipework, defense, infrastructure, domestic appliances, marine, sports and recreation and performance plastics, where the use of fiberglass is increasing continuously The global fiberglass market is projected to reach a value of $15.57 Billion by 2020, at a CAGR of 9.0% from 2015 to 2020.

The global fiberglass market witnessed significant growth in recent years, and this growth is expected to persist in the coming years. The global market is a relatively nascent, fast-growing, and technologically evolving market as demand from various new application markets continues to increase. New applications in the major end-user industries, such as composites and insulation are expected to drive the growth of this sector in the next few years. Hence, the market is expected to grow at a high rate. With the growing interest in fiber glass market, major companies such as Jushi group (China), Saint – Gobain vetrox ( France), Taiwan glass industry corporation (Taiwan )   are keen on expanding their existing business by introducing new products in the market.

Asia-Pacific is the biggest market of fiber glass. It accounted for more than 55% of the total market size in terms of value in 2015. Among all the countries in Asia-Pacific, China dominates the fiberglass market with the maximum market share in 2015. Composites application is the largest consumer of fiber glass, followed by the insulation application. The European market is comparatively mature with a consumption growth rate well below the average market growth.

Currently, there are a large number of suppliers in the market. Leading companies are working towards enhancing their market presence by strengthening their distribution channels. Also, major companies are focused on acquiring smaller players in the market to avoid competition in the future. These acquisitions also help the companies to enhance their product portfolio.

The major players in the global fiberglass market include Jushi group (China), Saint – Gobain vetrox (France), Taiwan glass industry corporation (Taiwan), Owens corning (U.S.) and so on. With the growing demand for fiberglass in end-user industries, these companies are looking forward to expanding their existing business by introducing new products in the market.

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Resins and Polymers Markets on KnowledgeStore
Request Demo