The fiberglass market is likely to reach USD 15.79 Billion by 2027, according to a current analysis by Emergen Research.
The fiberglass market is likely to reach USD 15.79 Billion by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to the rising demand for insulated building roofs and walls. The low heat distribution gradient and non-conductive nature of fiberglass, which make it suitable for utilization in the construction of insulated roofs and walls, has driven the fiberglass market. Extensive usage of fiberglass composites across various industries, such as chemical & petrochemical, oil & gas, pulp & paper, offshore drilling, mining & mineral, waste & wastewater, metal processing, and food processing industries, is contributing to the fiberglass market. A key factor driving the market is that fiberglass composites are highly customizable and they offer several advantages over traditional materials.
The global Fiberglass market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Fiberglass market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Fiberglass market.
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Key market participants include TAISHAN FIBERGLASS INC. (CTG), Owens Corning, Nippon Electric Glass Co., LTD., Binani 3B-The Fibreglass Company, China Jushi Co., Ltd., Taiwan Glass Ind Corp., PFG Fiber Glass (Kunshan) Co., Ltd., Johns Manville Corp., Knauf Insulation, and AGY Holding Corp.
Key Highlights of Report
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Valuable Market Insights:
· The report highlights the latest trends observed in the consumption pattern of each regional segment.
· Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
· The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Fiberglass market.
· The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
Competitive Outlook:
The global Fiberglass market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Fiberglass market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
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Emergen Research has segmented the global fiberglass market on the basis of type, application, end-use, and region:
Global Fiberglass Market Report – Table of Contents:
· Chapter 1 includes the global Fiberglass market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
· Chapter 2 broadly categorizes the Fiberglass market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
· Chapter 3 elaborates on the competitive outlook of the Fiberglass market, focusing on the major manufacturers and vendor landscape.
· Chapter 4 exhaustively studies the key manufacturers of the Fiberglass industry, along with their anticipated sales and revenue shares.
· Chapters 5 includes market segmentation based on product type, application range, and market players.
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