Global Glass Fiber Market, 2016–2024
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Published By:Zion <strong>Market</strong> Research<br />
<strong>Glass</strong> <strong>Fiber</strong> <strong>Market</strong>: <strong>Global</strong> Industry Analysis, Size, Share, Growth,<br />
Trends, and Forecasts <strong>2016–2024</strong><br />
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<strong>Glass</strong> <strong>Fiber</strong> <strong>Market</strong><br />
<strong>Global</strong> <strong>Glass</strong> <strong>Fiber</strong> <strong>Market</strong>: Overview<br />
<strong>Glass</strong> fiber is a firm, lightweight, and tough material. They are also known as fiberglass.<br />
The substance is prepared from very fine fibers of glass. Their power is though, to<br />
some extent lesser than carbon fiber, and is much less strong. The substance is usually<br />
far less fragile, and the raw substances/materials are very economical. Its bulk power<br />
and weight properties are favorable as compared to different metals, and it can be<br />
simply formed via molding methods.<br />
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<strong>Glass</strong> <strong>Fiber</strong> <strong>Market</strong><br />
<strong>Global</strong> <strong>Glass</strong> <strong>Fiber</strong> <strong>Market</strong>: Growth Factors<br />
The increasing requirement for glass fibers in the construction industry will be one of<br />
the most important aspects that will have a positive and constructive impact on the<br />
development of the glass fiber market. In the construction business, glass fibers are<br />
commonly utilized in applications such as walls, roofs, doors, and windows. They are<br />
also utilized as composites in the construction of buildings. In addition, glass fiber<br />
reinforced concrete (GFRC) has hydrated cement, sand, and glass fibers that are<br />
majorly used for construction purposes. Benefits such as flexural, high tensile and<br />
compressive power, anti-corrosive properties and lightweight features of glass fibers<br />
have led to its augmented application in the construction business propelling the<br />
growth of the glass fiber market. The increasing number of construction activities and<br />
buildings will drive the demand for the global glass fiber market in the future.<br />
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<strong>Global</strong> <strong>Glass</strong> <strong>Fiber</strong> <strong>Market</strong>: Segmentation<br />
The glass fiber market is classified on the basis of application, manufacturing process,<br />
and product type. Based on application, the glass fiber market is divided into<br />
transportation, marine, pipe and tank, construction, aerospace, electrical and<br />
electronics, wind energy, consumer goods, and others. Based on the manufacturing<br />
process, the market is classified into spray up, hand lay-up, pultrusion, prepreg lay up,<br />
injection molding, resin infusion, compression molding, and others. Based on product<br />
type, the glass fiber market is categorized into multi-end roving, single-end roving,<br />
CSM, woven roving, CFM, fabrics, CS, DUCS, and others.
<strong>Glass</strong> <strong>Fiber</strong> <strong>Market</strong><br />
<strong>Global</strong> <strong>Glass</strong> <strong>Fiber</strong> <strong>Market</strong>: Regional Analysis<br />
The Asia Pacific is expected to hold the largest share of the global glass fiber market<br />
owing to the rising development of the construction & building industry in the region.<br />
Also, wind energy generation is anticipated to boost the expansion of the global glass<br />
fiber market in the years to come due to several wind turbine installations followed by<br />
Europe and North America. The Asia Pacific region is expected to continue its<br />
dominance in the future owing to the expansion in the manufacturing economies such<br />
as Japan, India, and China. China is expected to be the biggest manufacturer of glass<br />
fiber in the world. This enables the country to sell glass fibers to the other countries of<br />
the region such as North America and Europe at a lesser price.<br />
<strong>Global</strong> <strong>Glass</strong> <strong>Fiber</strong> <strong>Market</strong>: Competitive Players<br />
Some of the major market players in the global glass fiber market are BGF Industries,<br />
Johns Manville, Advanced <strong>Glass</strong>fiber Yarns LLC, Asahi <strong>Glass</strong> Company Limited, Jushi<br />
Group Co. Ltd., Chomarat Group, Owens Corning, PPG Industries Inc., Taishan<br />
<strong>Fiber</strong>glass Inc., Saertex Group, Nippon Sheet <strong>Glass</strong> Co. Ltd., Binani 3B-The Fibreglass<br />
Company, Chongqing Polycomp International Corp., Nitto Boseki Co. Ltd., and Saint-<br />
Gobain Vetrotex, among others.<br />
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<strong>Glass</strong> <strong>Fiber</strong> <strong>Market</strong><br />
Zion <strong>Market</strong> Research<br />
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States<br />
Tel: +1-386-310-3803 GMT<br />
+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)<br />
Email: sales@zionmarketresearch.comWeb:www.zionmarketresearch.com