Glass Fiber Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Glass Fiber Market is projected to register a CAGR of over 4% during the forecast period (2022-2028). Glass Fiber is a material made into a fabric by bonding extremely thin glass filaments with threads. It is made by mixing and melting silica (SiO2), limestone, and soda ash in a three-stage furnace, extruding molten glass through a bushing at the bottom of the furnace, and then cooling the filament with water. Glass fiber has excellent corrosion resistance, high rigidity and strength, high tensile strength, and high temperature resistance and durability. These fibers are used in end-use industries such as automotive, construction, marine, wind energy, aerospace and defense. However, problems in the production process, the cost-intensive nature of the new technology and the low margins of fiberglass are limiting the market growth.

Company Profile

• Owens Corning
• Saint-Gobain Vetrotex
• Johns Manville
• Nippon Electric Glass Co.

Market Segmentation

By Type

• E/ECR-Glass Fiber
• S-Glass Fiber
• C-Glass Fiber

By Product Type

• Single-End Roving
• Multi-End Roving
• Woven Roving

By Application

• Marine
• Transportation
• Aerospace
• Construction
• Electrical and Electronics

Scope of the Report

The research study analyzes the Glass Fiber Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Glass Fiber Market Report

1. What was the Glass Fiber Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Glass Fiber Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Glass Fiber Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Glass Fiber Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Glass Fiber
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Glass Fiber
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Glass Fiber Market.