HOME Top Market Reports Fiberglass Fabric Market by Fiber Type (E-glass), Fabric Type (Woven, and Non-Woven), Application (Wind Energy, Transportation, Electrical & Electronics, Construction, Marine, Aerospace & Defense), and Region - Global Forecast to 2022

Fiberglass Fabric Market by Fiber Type (E-glass), Fabric Type (Woven, and Non-Woven), Application (Wind Energy, Transportation, Electrical & Electronics, Construction, Marine, Aerospace & Defense), and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: July 2017
Report Code: CH 5437

 

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The global fiberglass fabric market was USD 8.74 Billion in 2016 and is projected to reach USD 13.48 Billion by 2022, at a CAGR of 7.62% between 2017 and 2022. The use of fiberglass fabric is gaining high importance in the wind energy, transportation, electrical & electronics, marine, construction, and aerospace & defense, among other sectors. Further, fiberglass fabric manufacturers are signing supply agreements with various end-use industries to strengthen their positions in the fiberglass fabric market globally. In this study, the years considered to estimate the market size of fiberglass fabric market are:

  • Base Year – 2016
  • Estimated Year – 2017
  • Projected Year – 2022
  • Forecast Period – 2017 to 2022

2015 has been considered the base year for company profiles. Whenever information was unavailable for the base year, the prior year has been considered.

Objectives of the Study

  • To analyze and forecast the market size of fiberglass fabric in terms of volume (kilotons) and value (USD million)
  • To provide detailed information regarding the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To define, describe, and forecast the fiberglass fabric market based on fiber type, fabric type, and application
  • To analyze and forecast the fiberglass fabric market size by region, namely North America, Europe, Asia Pacific, Middle East & Africa (ME&A), Latin America, and major countries in these regions
  • To analyze and forecast the market size by application, in terms of volume and value, for the five main regions
  • To analyze the market opportunities and competitive landscape for stakeholders and market leaders
  • To analyze competitive developments such as agreements, expansions & investments, acquistions, and new product developments
  • To strategically profile key players and analyze their core competencies

Various secondary sources such as such as Factiva, Hoovers, Manta, and others have been used to understand and gain insights into the global fiberglass fabric market. Experts from top fiberglass fabric companies have been interviewed to verify and collect critical information and to assess trends in the fiberglass fabric market during the forecast period. The top-down, bottom up and data triangulation approaches have been implemented to calculate the exact values of the overall parent and individual market sizes.

Fiberglass Fabric Market

To know about the assumptions considered for the study, download the pdf brochure

The market for fiberglass fabric has a diversified and established ecosystem of upstream players such as raw material suppliers and downstream stakeholders such as manufacturers, vendors, end users, and government organizations. Some of the major players in the fiberglass fabric market are Owens Corning (US), Gurit (Switzerland), Jushi Group Co., Ltd. (China), Chomarat Textile Industries (France), Saertex GmbH & Co.KG. (Germany), Tah Tong Textile Co., Ltd (China), Auburn Manufacturing, Inc. (US), BGF Industries, Inc. (US), Nitto Boseki Co., Ltd. (Japan), and Taiwan Electric Insulator Co., Ltd. (China), among others.

Target audience

  • Fiberglass Fabric Manufacturers
  • Raw Material Suppliers
  • Distributors and Suppliers
  • End-use Industries
  • Industry Associations

“This study answers several questions for stakeholders, primarily which market segments they need to focus upon during the next two to five years to prioritize their efforts and investments”.

Scope of the Report:

This research report categorizes the fiberglass fabric market based on fiber type, fabric type, application, and region, and forecasts revenue growth and analyzes trends in each of the submarkets.

By Fiber Type:

  • E-glass
  • Others

By Fabric Type:

  • Woven
  • Non-woven

By Application:

  • Wind Energy
  • Transportation
  • Electrical & Electronics
  • Marine
  • Construction
  • Aerospace & Defense
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (ME&A)
  • Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of the North American fiberglass fabric market
  • Further breakdown of the European fiberglass fabric market
  • Further breakdown of the Asia Pacific fiberglass fabric market
  • Further breakdown of the Middle East & Africa fiberglass fabric market
  • Further breakdown of the Latin America fiberglass fabric market

Company Information

  • Detailed analysis and profiles of additional market players

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Regional Scope
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
           2.3.1 Research Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 30)
    4.1 Attractive Growth Opportunities in Fiberglass Fabric Market
    4.2 Fiberglass Fabric Market, By Application
    4.3 Fiberglass Fabric Market, By Fiber Type and Region
    4.4 Fiberglass Fabric Market, By Fabric Type
    4.5 Fiberglass Fabric Market, By Country

5 Market Overview (Page No. - 34)
    5.1 Market Dynamics
           5.1.1 Drivers
                    5.1.1.1 Increase in Demand for Power Generation From Wind Energy Industry
                    5.1.1.2 Increase in Demand for Pcbs Made From Fiberglass Fabric
           5.1.2 Restraints
                    5.1.2.1 High Production Cost of Fiberglass Fabric
           5.1.3 Opportunities
                    5.1.3.1 Increasing Demand for Fiberglass Fabric From Electrical & Electronics and Wind Energy Industries
                    5.1.3.2 Growing Demand From Emerging Countries
                    5.1.3.3 Environmental Policies on the Use of Sustainable Energy
           5.1.4 Challenges
                    5.1.4.1 Uncertain Wind Energy Market in the U.S.
                    5.1.4.2 Production of Low-Cost Fiberglass Fabric
    5.2 Porter’s Five Forces Analysis
           5.2.1 Threat of New Entrants
           5.2.2 Threat of Substitutes
           5.2.3 Bargaining Power of Buyers
           5.2.4 Bargaining Power of Suppliers
           5.2.5 Intensity of Competitive Rivalry
    5.3 Macroeconomic Overview and Key Drivers
           5.3.1 Introduction
           5.3.2 Trends and Forecast of GDP
           5.3.3 Per Capita GDP vs Per Capita Glass Fiber Reinforced Plastics (GFRP) Demand
           5.3.4 Trends and Forecast of Construction Industry
           5.3.5 Trends of Wind Energy Industry
           5.3.6 Trends of Automotive Industry

6 Fiberglass Fabric Market, By Fiber Type (Page No. - 55)
    6.1 Introduction
    6.2 E-Glass Fabric
    6.3 Others
           6.3.1 S-Glass
           6.3.2 C-Glass
           6.3.3 D-Glass
           6.3.4 A-Glass
           6.3.5 T-Glass
7 Fiberglass Fabric Market, By Fabric Type (Page No. - 60)
    7.1 Introduction
    7.2 Woven Fiberglass Fabric
    7.3 Non-Woven Fiberglass Fabric

8 Fiberglass Fabric Market, By Application (Page No. - 65)
    8.1 Introduction
    8.2 Wind Energy
    8.3 Transportation
    8.4 Electrical & Electronics
    8.5 Marine
    8.6 Construction
    8.7 Aerospace & Defense
    8.8 Other Applications

9 Regional Analysis (Page No. - 76)
    9.1 Introduction
    9.2 North America
           9.2.1 U.S.
           9.2.2 Canada
    9.3 Europe
           9.3.1 Germany
           9.3.2 France
           9.3.3 U.K.
           9.3.4 Italy
           9.3.5 Spain
           9.3.6 Netherlands
           9.3.7 Rest of Europe
    9.4 Asia-Pacific
           9.4.1 China
           9.4.2 Japan
           9.4.3 India
           9.4.4 South Korea
           9.4.5 Australia-New Zealand
           9.4.6 Rest of Asia-Pacific
    9.5 Middle East & Africa
           9.5.1 South Africa
           9.5.2 Rest of Middle East & Africa
    9.6 Latin America
           9.6.1 Brazil
           9.6.2 Mexico.

10 Comptitive Landscape (Page No. - 99)
     10.1 Introduction
             10.1.1 Dynamic Differentiators
             10.1.2 Innovators
             10.1.3 Visionary Leaders
             10.1.4 Emerging Companies
     10.2 Competitive Benchmarking
             10.2.1 Strength of Product Portfolio
             10.2.2 Business Strategy Excellence
     10.3 Market Share Analysis

11 Company Profiles (Page No. - 104)
(Business Overview, Products Offered, Scorecard of Product Offering, Scorecard of Business Strategy, and New Product Launch)
     11.1 Owens Corning
     11.2 Gurit
     11.3 Jushi Group Co., Ltd.
     11.4 Chomarat Textile Industries
     11.5 Saertex GmbH & Co.Kg.
     11.6 Hexcel Corporation
     11.7 Saint-Gobain Performance Plastics
     11.8 Tah Tong Textile Co. Ltd.
     11.9 Auburn Manufacturing, Inc.
     11.10 BGF Industries, Inc.
     11.11 Nitto Boseki Co., Ltd.
     11.12 Taiwan Electric Insulator Co. Ltd
     11.13 Other Key Players
             11.13.1 Asahi Kasei Corporation
             11.13.2 Amatex Corporation
             11.13.3 Central Glass Co., Ltd.
             11.13.4 Devolt AMT
             11.13.5 Porcher Industries
             11.13.6 Fothergill Group
             11.13.7 Atlanta Fiberglass
             11.13.8 Rockwest Composites
             11.13.9 Valutex Reinforcements Inc.
             11.13.10 Parabeam BV
             11.13.11 Illstreet Composites
             11.13.12 JPS Composite Materials
             11.13.13 Fulltech Fiber Glass Corp.

*Details Might Not Be Captured in Case of Unlisted Companies

12 Appendix (Page No. - 133)
     12.1 Insights From Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Introducing RT: Real-Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.7 Author Details


List of Tables (71 Tables)

Table 1 Fiberglass Fabric Market Size, 2015–2022
Table 2 Global Wind Installations, 2011–2016
Table 3 Trends and Forecast of GDP, 2016–2022 (USD Billion)
Table 4 Per Capita GDP vs Per Capita GFRP Demand, 2016 (USD)
Table 5 Trends and Forecast of Construction Industry in North America, 2015–2022 (USD Billion)
Table 6 Trends and Forecast of Construction Industry in Europe, 2015–2022 (USD Billion)
Table 7 Trends and Forecast of Construction Industry in Asia-Pacific, 2015–2022 (USD Billion)
Table 8 Trends and Forecast of Construction Industry in Middle East & Africa, 2015–2022 (USD Billion)
Table 9 Trends and Forecast of Construction Industry in Latin America, 2015–2022 (USD Billion)
Table 10 Trends of Wind Energy Industry, 2015–2016 (MW)
Table 11 Trends of Automotive Industry, 2011–2015 (Thousand Units )
Table 12 Fiberglass Fabric Market Size, By Fiber Type, 2015–2022 (USD Million)
Table 13 Fiberglass Fabric Market Size, By Fiber Type, 2015–2022 (Kiloton)
Table 14 E-Glass Fabric Market Size, By Region, 2015–2022 (USD Million)
Table 15 E-Glass Fabric Market Size, By Region, 2015–2022 (Kiloton)
Table 16 Other Fiberglass Fabric Market Size, By Region, 2015–2022 (USD Million)
Table 17 Other Fiberglass Fabric Market Size, By Region, 2015–2022 (Kiloton)
Table 18 Fiberglass Fabric Market Size, By Fabric Type, 2015–2022 (USD Million)
Table 19 Fiberglass Fabric Market Size, By Fabric Type, 2015–2022 (Kiloton)
Table 20 Woven Fiberglass Fabric Market Size, By Application, 2015–2022 (USD Million)
Table 21 Woven Fiberglass Fabric Market Size, By Application, 2015–2022 (Kiloton)
Table 22 Non-Woven Fiberglass Fabric Market Size, By Application, 2015–2022 (USD Million)
Table 23 Non-Woven Fiberglass Fabric Market Size, By Application, 2015–2022 (Kiloton)
Table 24 Fiberglass Fabric Market Size, By Application, 2015–2022 (USD Million)
Table 25 Fiberglass Fabric Market Size, By Application, 2015–2022 (Kiloton)
Table 26 Fiberglass Fabric Market Size in Wind Energy, By Region, 2015–2022 (USD Million)
Table 27 Fiberglass Fabric Market Size in Wind Energy, By Region, 2015–2022 (Kiloton)
Table 28 Fiberglass Fabric Market Size in Transportation, By Region, 2015–2022 (USD Million)
Table 29 Fiberglass Fabric Market Size in Transportation, By Region, 2015–2022 (Kiloton)
Table 30 Fiberglass Fabric Market Size in Electrical & Electronics, By Region, 2015–2022 (USD Million)
Table 31 Fiberglass Fabric Market Size in Electrical & Electronics, By Region, 2015–2022 (Kiloton)
Table 32 Fiberglass Fabric Market Size in Marine, By Region, 2015–2022 (USD Million)
Table 33 Fiberglass Fabric Market Size in Marine, By Region, 2015–2022 (Kiloton)
Table 34 Fiberglass Fabric Market Size in Construction, By Region, 2015–2022 (USD Million)
Table 35 Fiberglass Fabric Market Size in Construction, By Region, 2015–2022 (Kiloton)
Table 36 Fiberglass Fabric Market Size in Aerospace & Defense, By Region, 2015–2022 (USD Million)
Table 37 Fiberglass Fabric Market Size in Aerospace & Defense, By Region, 2015–2022 (Kiloton)
Table 38 Fiberglass Fabric Market Size in Other Applications, By Region, 2015–2022 (USD Million)
Table 39 Fiberglass Fabric Market Size in Other Applications, By Region, 2015–2022 (Kiloton)
Table 40 Fiberglass Fabric Market Size, By Region, 2015–2022 (USD Million)
Table 41 Fiberglass Fabric Market Size, By Region, 2015–2022 (Kiloton)
Table 42 North America: Fiberglass Fabric Market Size, By Country, 2015–2022 (USD Million)
Table 43 North America: Fiberglass Fabric Market Size, By Country, 2015–2022 (Kiloton)
Table 44 North America: Fiberglass Fabric Market Size, By Application, 2015–2022 (USD Million)
Table 45 North America: Fiberglass Fabric Market Size, By Application, 2015–2022 (Kiloton)
Table 46 North America: Fiberglass Fabric Market Size, By Fiber Type, 2015–2022 (USD Million)
Table 47 North America: Fiberglass Fabric Market Size, By Fiber Type, 2015–2022 (Kiloton)
Table 48 Europe: Fiberglass Fabric Market Size, By Country, 2015–2022 (USD Million)
Table 49 Europe: Fiberglass Fabric Market Size, By Country, 2015–2022 (Kiloton)
Table 50 Europe: Fiberglass Fabric Market Size, By Application, 2015–2022 (USD Million)
Table 51 Europe: Fiberglass Fabric Market Size, By Application, 2015–2022 (Kiloton)
Table 52 Europe: Fiberglass Fabric Market Size, By Fiber Type, 2015–2022 (USD Million)
Table 53 Europe: Fiberglass Fabric Market Size, By Fiber Type, 2015–2022 (Kiloton)
Table 54 Asia-Pacific: Fiberglass Fabric Market Size, By Country, 2015–2022 (USD Million)
Table 55 Asia-Pacific: Fiberglass Fabric Market Size, By Country, 2015–2022 (Kiloton)
Table 56 Asia-Pacific: Fiberglass Fabric Market Size, By Application, 2015–2022 (USD Million)
Table 57 Asia-Pacific: Fiberglass Fabric Market Size, By Application, 2015–2022 (Kiloton)
Table 58 Asia-Pacific: Fiberglass Fabric Market Size, By Fiber Type, 2015–2022 (USD Million)
Table 59 Asia-Pacific: Fiberglass Fabric Market Size, By Fiber Type, 2015–2022 (Kiloton)
Table 60 Middle East & Africa: Fiberglass Fabric Market Size, By Country, 2015–2022 (USD Million)
Table 61 Middle East & Africa: Fiberglass Fabric Market Size, By Country, 2015–2022 (Kiloton)
Table 62 Middle East & Africa: Fiberglass Fabric Market Size, By Application, 2015–2022 (USD Million)
Table 63 Middle East & Africa: Fiberglass Fabric Market Size, By Application, 2015–2022 (Kiloton)
Table 64 Middle East & Africa: Fiberglass Fabric Market Size, By Fiber Type, 2015–2022 (USD Million)
Table 65 Middle East & Africa: Fiberglass Fabric Market Size, By Fiber Type, 2015–2022 (Kiloton)
Table 66 Latin America: Fiberglass Fabric Market Size, By Country, 2015–2022 (USD Million)
Table 67 Latin America: Fiberglass Fabric Market Size, By Country, 2015–2022 (Kiloton)
Table 68 Latin America: Fiberglass Fabric Market Size, By Application, 2015–2022 (USD Million)
Table 69 Latin America: Fiberglass Fabric Market Size, By Application, 2015–2022 (Kiloton)
Table 70 Latin America: Fiberglass Fabric Market Size, By Fiber Type, 2015–2022 (USD Million)
Table 71 Latin America: Fiberglass Fabric Market Size, By Fiber Type, 2015–2022 (Kiloton)


List of Figures (41 Figures)

Figure 1 Fiberglass Fabric Market Segmentation
Figure 2 Fiberglass Fabric Market: Research Methodology
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Fiberglass Fabric Market: Data Triangulation
Figure 6 Wind Energy Application to Drive Fiberglass Fabric Market, 2017–2022
Figure 7 China to Be the Fastest-Growing Fiberglass Fabric Market, 2017–2022
Figure 8 E-Glass Fiber Dominated Fiberglass Fabric Market, By Fiber Type, in 2016
Figure 9 Woven Fabric to Be the Fastest-Growing Fabric Type in Fiberglass Fabric Market Between 2017 and 2022
Figure 10 Asia-Pacific to Be the Largest and Fastest-Growing Fiberglass Fabric Market
Figure 11 Increase in Demand From Wind Energy and Electrical & Electronics Applications to Drive Fiberglass Fabric Market, 2017–2022
Figure 12 Wind Energy Expected to Dominate the Fiberglass Fabric Market, 2017–2022
Figure 13 E-Glass Fiber Dominated the Fiberglass Fabric Market in 2016
Figure 14 Woven Fabric to Dominate Fiberglass Fabric Market During Forecast Period
Figure 15 China to Be Fastest-Growing Market in Asia-Pacific During Forecast Period
Figure 16 Drivers, Restraints, Opportunities, and Challenges in Fiberglass Fabric Market
Figure 17 Porter’s Five Forces Analysis of Fiberglass Fabric Market
Figure 18 Trends and Forecast of GDP, 2016 (USD Billion)
Figure 19 Per Capita GDP vs Per GFRP Demand, 2016
Figure 20 Trends and Forecast of Construction Industry in North America, 2017 vs 2022
Figure 21 Trends and Forecast of Construction Industry in Europe, 2017 vs 2022
Figure 22 Trends and Forecast of Construction Industry in Asia-Pacific, 2017 vs 2022
Figure 23 Trends and Forecast of Construction Industry in Middle East & Africa, 2017 vs 2022
Figure 24 Trends and Forecast of Construction Industry in Latin America, 2017 vs 2022
Figure 25 Wind Energy Installed Capacity, 2015 vs 2016 (MW)
Figure 26 Trends of Automotive Industry, 2015 (Thousand Units)
Figure 27 E-Glass Fabric to Register Highest CAGR in Asia-Pacific Between 2017 and 2022
Figure 28 Woven Fiberglass Fabric to Register Highest CAGR in Wind Energy Application Between 2017 and 2022
Figure 29 Fiberglass Fabric Market in Wind Energy to Register Highest CAGR Between 2017 and 2022
Figure 30 North America to Dominate Fiberglass Fabric Market in Marine Application
Figure 31 Regional Snapshot: Asia-Pacific is Expected to Lead Global Fiberglass Fabric Market
Figure 32 North America Market Snapshot: U.S. to Lead Fiberglass Fabric Market
Figure 33 Europe Market Snapshot: Germany to Lead the Fiberglass Fabric Market
Figure 34 Asia-Pacific Market Snapshot: China to Lead Fiberglass Fabric Market
Figure 35 Competitive Leadership Mapping, 2016
Figure 36 Market Share of Key Players, 2016
Figure 37 Owens Corning: Company Snapshot
Figure 38 Gurit: Company Snapshot
Figure 39 Hexcel Corporation: Company Snapshot
Figure 40 Saint-Gobain Performance Plastics: Company Snapshot
Figure 41 Nitto Boseki Co., Ltd.: Company Snapshot

The global fiberglass fabric market, in terms of value, is projected to reach USD 13.48 Billion by 2022, at a CAGR of 7.62% between 2017 and 2022. The increasing demand for fiberglass fabrics in applications demanding high performance properties and various business strategies such as agreements, expansions & investments, acquisitions, and new product developments undertaken by the key players in this market are the major factors contributing to the growth of the global fiberglass fabric market.

The segmentation considered for the global fiberglass fabric market is by fiber type, fabric type, application, and region. Fiber type is further segmented into E-glass and others. E-glass fabric is the fastest-growing segment, as it has the highest demand from various end-use applications due to its superior properties and cost efficiency. The various end-use applications such as wind energy, transportation, construction, and electrical & electronics, among others demand high consumption of E-glass as this fiber offers high strength, is lightweight, corrosion resistant, has better insulation properties, and also is lower in cost compared to other fibers.

The major applications of fiberglass fabric are wind energy, transportation, electrical & electronics, marine, construction, aerospace & defense, and others. Wind energy is projected to be the fastest-growing application in the global fiberglass fabric market between 2017 and 2022. This is attributed to the high demand for fiberglass fabrics in the manufacture of several structural parts of wind turbines. The fiberglass fabric used in wind turbine structural parts, offers high strength and lightweight properties along with high corrosion resistance. Also, the wind energy market is estimated to grow in the future due to the rising demand for clean energy across the globe. This is expected to positively impact the demand for fiberglass fabric in the wind energy application.

The Asia Pacific was the largest fiberglass fabric market in terms of value in 2016. This growth is attributed to the high demand for fiberglass fabric in wind energy and electrical & electronics applications. The wind energy and electrical & electronics market is growing at a high rate in the Asia Pacific region. The major countries namely China, Japan, and India are focusing on energy generation through renewable sources and thus, demand for fiberglass fabrics for the manufacture of several structural parts of the wind turbine is expected to rise in the Asia Pacific region during the forecast period. Also, the Asia Pacific is a hub for the electrical & electronics industry with China being the leader in this region. The demand for fiberglass fabrics for the manufacture of PCBs is another driver in the growth of the fiberglass fabric market in the Asia Pacific region.

Fiberglass Fabric Market

The increased demand for fiberglass fabrics in wind energy and electrical & electronics applications is leading to the growth of the fiberglass fabric market.

The manufacture of fiberglass fabrics is capital intensive and hence a major restraint in the growth of the fiberglass fabric market.

Owens Corning (US) is one of the major manufacturers of fiberglass fabrics, and emphasizes excellence in consumer-centric product creation and focuses majorly on new product launches, acquisitions, investments, and expansions. The company is involved in steady improvements in several business areas, and follows strategic moves to sustain its position as a market leader.

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