+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Fiberglass Roving Market by Fiber Glass Type, Product Type, End-use Industry and Region Global Forecast to 2023

  • ID: 4621232
  • Report
  • Region: Global
  • 135 Pages
  • Markets and Markets
1 of 5
The Fiberglass Roving Market Size is Estimated at USD 8.24 Billion in 2018 and is Projected To Reach USD 11.02 Billion By 2023, at a CAGR Of 6.0% Between 2018 and 2023.

FEATURED COMPANIES

  • AGY Holdings Corp.
  • Binani Industries Ltd.
  • Jushi Group Co., Ltd.
  • Owens Corning
  • Reliance Industries
  • Saint-Gobain S.A.
  • MORE

The fiberglass roving market is projected to register a CAGR of 6.0%, in terms of value, between 2018 and 2023.

The fiberglass roving market size is estimated at USD 8.24 billion in 2018 and is projected to reach USD 11.02 billion by 2023, at a CAGR of 6.0% between 2018 and 2023. Fiberglass roving is widely used in end-use industries such as wind energy, transportation, and electrical & electronics. In the wind energy industry, fiberglass roving is used in wind turbine blades and nacelles. The increasing number of wind energy capacity installations is driving the demand for fiberglass roving, as it is economical and provide high performance. The governments and energy planners in various countries are diversifying their energy mix, protecting their economies from volatile fossil fuel prices, and fighting against harmful greenhouse gas (GHG) emissions. Apart from this, the significant demand from the emerging economies is one of the major opportunities for the fiberglass roving market.

The market in the wind energy segment is projected to register the highest CAGR, in terms of value and volume, between 2018 and 2023.

The growth of the market in the wind end-use industry can largely be attributed to innovations in the integration of lightweight fiberglass roving products, which have facilitated increasingly larger blade lengths in the wind energy industry. Fiberglass roving is the ideal choice of material for wind turbine blades, in terms of structural efficiency, as the high specific stiffness limits tip deflections.

The fiberglass roving market in APAC is projected to register the highest CAGR, in terms of value and volume, between 2018 and 2023.

The fiberglass roving market in APAC is projected to register the highest CAGR during the forecast period, in terms of value and volume. This growth can be attributed to the increasing demand for fiberglass roving from the region’s growing automotive & transportation and wind energy industries that extensively use fiberglass roving.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted as follows:

  • By Company Type: Tier 1 - 35%, Tier 2 - 25%, and Tier 3 - 40%
  • By Designation: C level - 30%, Director level - 25%, and Others - 45%
  • By Region: North America - 30%, Europe - 20%, APAC -25%, Middle East & Africa - 12%, and Latin America - 13%

Research Coverage

This report covers the fiberglass roving market and forecasts the size of the market until 2023. The report includes the segmentation of the market based on end-use industry, product type, glass fiber type, and region. Porter’s Five Forces analysis and the key market dynamics, such as drivers, restraints, challenges, and opportunities, influencing the growth of the fiberglass roving market have been discussed in the report. The report also provides company profiles and competitive benchmarking of major players operating in the market.

Benefits of Buying the Report:

The report is expected to help market leaders/new entrants in the fiberglass roving market in the following ways:

  • This report segments the fiberglass roving market and provides the closest approximation of revenues for the overall market and its subsegments across different verticals and regions.
  • The report helps stakeholders understand the pulse of the market and provides information on key drivers, restraints, challenges, and opportunities of the fiberglass roving market.
  • This report is also expected to help stakeholders understand their competitors and gain insights to augment their position in the fiberglass roving market. The competitive landscape section includes the ecosystem of competitors and detailed information on new product developments, expansions, partnerships, and acquisitions.
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • AGY Holdings Corp.
  • Binani Industries Ltd.
  • Jushi Group Co., Ltd.
  • Owens Corning
  • Reliance Industries
  • Saint-Gobain S.A.
  • MORE

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Significant Growth Opportunities in the Fiberglass Roving Market
4.2 Fiberglass Roving Market, By Product Type
4.3 Fiberglass Roving Market Share, By Region and End-Use Industry, 2017
4.4 Fiberglass Roving Market, By Country
4.5 Fiberglass Roving Market, By Glass Fiber Type

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
       5.2.1 Drivers
                5.2.1.1 Increasing Wind Energy Installations
                5.2.1.2 Increasing Adoption of Gfrp Composites Made With Fiberglass Roving in the Transportation Industry
                5.2.1.3 Increasing Use of Fiberglass Roving in the Construction & Infrastructure Industry
       5.2.2 Restraints
                5.2.2.1 Issues Related to Recycling
       5.2.3 Opportunities
                5.2.3.1 Increasing Demand for Fiberglass Roving From Emerging Markets
                5.2.3.2 High Demand for Fiberglass Roving From Gfrp Pipes Applications
       5.2.4 Challenges
                5.2.4.1 Developing Low-Cost Technologies
5.3 Porter’s Five Forces Analysis
       5.3.1 Threat of New Entrants
       5.3.2 Threat of Substitutes
       5.3.3 Bargaining Power of Suppliers
       5.3.4 Bargaining Power of Buyers
       5.3.5 Intensity of Competitive Rivalry

6 Macroeconomic Overview and Key Trends

6.1 Introduction
6.2 Trends and Forecast of GDP
6.3 PER Capita GDP vs. PER Capita Fiberglass Roving Demand
6.4 Trends and Forecast of the Construction Industry
6.5 Trends in the Wind Energy Industry
6.6 Trends in the Automotive Industry

7 Fiberglass Roving Market, By Glass Fiber Type

7.1 Introduction
7.2 E-glass Fiber
7.3 ECR-glass Fiber
7.4 H-glass Fiber
7.5 AR-glass
7.6 S-glass Fiber
7.7 Others
       7.7.1 C-Glass
       7.7.2 D-Glass
       7.7.3 A-Glass

8 Fiberglass Roving Market, By Product Type

8.1 Introduction
8.2 Single-End Roving
8.3 Multi-End Roving
8.4 Chopped Roving

9 Fiberglass Roving Market, By End-Use Industry

9.1 Introduction
9.2 Wind Energy
9.3 Electrical & Electronics
9.4 Transportation
       9.4.1 Rail
       9.4.2 Automotive
9.5 Pipes & Tanks
9.6 Construction & Infrastructure
9.7 Marine
9.8 Aerospace & Defense
9.9 Others

10 Fiberglass Roving Market, By Region

10.1 Introduction
10.2 North America
                   10.2.1.1 US
                   10.2.1.2 Canada
10.3 Europe
                   10.3.1.1 Germany
                   10.3.1.2 France
                   10.3.1.3 UK
                   10.3.1.4 Italy
                   10.3.1.5 Spain
                   10.3.1.6 Russia
                   10.3.1.7 Poland
                   10.3.1.8 Austria
                   10.3.1.9 Netherlands
                          10.3.1.10 Rest of Europe
10.4 APAC
                   10.4.1.1 China
                   10.4.1.2 Japan
                   10.4.1.3 India
                   10.4.1.4 South Korea
                   10.4.1.5 Malaysia
                   10.4.1.6 Australia & New Zealand
                   10.4.1.7 Rest of APAC
10.5 Middle East & Africa
                   10.5.1.1 South Africa
                   10.5.1.2 Saudi Arabia
                   10.5.1.3 UAE
10.6 Latin America
                   10.6.1.1 Brazil
                   10.6.1.2 Mexico

11 Competitive Landscape

11.1 Overview
11.2 Market Share Analysis of Key Players
        11.2.1 Owens Corning
        11.2.2 Jushi Group
        11.2.3 CPIC
        11.2.4 Nippon Electric Glass
        11.2.5 Johns Manville
11.3 Recent Developments
        11.3.1 Investments & Expansions
        11.3.2 Agreements, Partnerships, and Joint Ventures
        11.3.3 New Product Launches
        11.3.4 Mergers & Acquisitions

12 Company Profiles

12.1 Owens Corning
12.2 Jushi Group Co., Ltd.
12.3 Chongqing Polycomp International Corporation
12.4 Johns Manville Corporation
12.5 Saint-Gobain S.A.
12.6 Nippon Electric Glass Co. Ltd.
12.7 Taishan Fiberglass, Inc.
12.8 AGY Holdings Corp.
12.9 China Beihai Fiberglass Co., Ltd.
12.10 Taiwan Glass Industry Corp.
12.11 Other Companies
        12.11.1 Binani Industries Ltd.
        12.11.2 BGF Industries, Inc.
        12.11.3 Nitto Boseki Co., Ltd.
        12.11.4 Jiangsu Jiuding New Material Co., Ltd.
        12.11.5 PFG Fiberglass Corporation
        12.11.6 Celanese Corporation
        12.11.7 Saertex GmbH
        12.11.8 Reliance Industries
        12.11.9 China National Building Material Company Ltd.
        12.11.10 P-D Glasseiden GmbH

13 Appendix

List of Tables

Table 1 Global Wind Energy Installations, 2011–2016
Table 2 European Union: CO2 Emission Standards for New Passenger Cars (G/Km)
Table 3 Trends and Forecast of GDP, USD Billion (2017—2022)
Table 4 PER Capita GDP vs. PER Capita Fiberglass Roving Demand, 2016
Table 5 Trends and Forecast of the Construction Industry in North America, USD Billion (2015—2022)
Table 6 Trends and Forecast of the Construction Industry in Europe, USD Billion (2015–2022)
Table 7 Trends and Forecast of the Construction Industry in APAC, USD Billion (2015–2022)
Table 8 Trends and Forecast of the Construction Industry in Middle East & Africa, USD Billion (2015–2022)
Table 9 Trends and Forecast of the Construction Industry in Latin America, USD Billion (2015–2022)
Table 10 Wind Energy Installation, Mw (2016–2017)
Table 11 Automotive Production, Million Units (2012–2017)
Table 12 Fiberglass Roving Market Size, By Glass Fiber Type, 2016–2023 (Kiloton)
Table 13 Fiberglass Roving Market Size, By Glass Fiber Type, 2016–2023 (USD Million)
Table 14 E-glass Fiber Roving Market Size, By Region, 2016–2023 (Kiloton)
Table 15 E-glass Fiber Roving Market Size, By Region, 2016–2023 (USD Million)
Table 16 ECR-glass Fiber Roving Market Size, By Region, 2016–2023 (Kiloton)
Table 17 ECR-glass Fiber Roving Market Size, By Region, 2016–2023 (USD Million)
Table 18 H-glass Fiber Roving Market Size, By Region, 2016–2023 (Kiloton)
Table 19 H-glass Fiber Roving Market Size, By Region, 2016–2023 (USD Million)
Table 20 AR-glass Fiber Roving Market Size, By Region, 2016–2023 (Kiloton)
Table 21 AR-glass Roving Market Size, By Region,2016–2023 (USD Million)
Table 22 S-glass Fiber Roving Market Size, By Region, 2016–2023 (Kiloton)
Table 23 S-glass Fiber Roving Market Size, By Region, 2016–2023 (USD Million)
Table 24 Other Glass Fiber Roving Market Size, By Region, 2016–2023 (Kiloton)
Table 25 Other Glass Fiber Roving Market Size, By Region, 2016–2023 (USD Million)
Table 26 Fiberglass Roving Market Size, By Product Type, 2016–2023 (Kiloton)
Table 27 Fiberglass Roving Market Size, By Product Type, 2016–2023 (USD Million)
Table 28 Single–End Fiberglass Roving Market Size, By Region, 2016–2023 (Kiloton)
Table 29 Single–End Fiberglass Roving Market Size, By Region, 2016–2023 (USD Million)
Table 30 Multi-End Fiberglass Roving Market Size, By Region, 2016–2023 (Kiloton)
Table 31 Multi-End Fiberglass Roving Market Size, By Region, 2016–2023 (USD Million)
Table 32 Chopped Fiberglass Roving Market Size, By Region, 2016–2023 (Kiloton)
Table 33 Chopped Fiberglass Roving Market Size, By Region, 2016–2023 (USD Million)
Table 34 Fiberglass Roving Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 35 Fiberglass Roving Market Size, By End-Use Industry, 2016—2023 (USD Million)
Table 36 Fiberglass Roving Market Size in Wind Energy, By Region, 2015–2022 (Kiloton)
Table 37 Fiberglass Roving Market Size in Wind Energy, By Region, 2015–2022 (USD Million)
Table 38 Fiberglass Roving Market Size in Electrical & Electronics, By Region, 2016–2023 (Kiloton)
Table 39 Fiberglass Roving Market Size in Electrical & Electronics, By Region, 2015–2022 (USD Million)
Table 40 Fiberglass Roving Market Size in Transportation, By Region, 2016–2023 (Kiloton)
Table 41 Fiberglass Roving Market Size in Transportation, By Region, 2016–2023 (USD Million)
Table 42 Fiberglass Roving Market Size in Pipes & Tanks, By Region, 2016–2023 (Kiloton)
Table 43 Fiberglass Roving Market Size in Pipes & Tanks, By Region, 2016–2023 (USD Million)
Table 44 Fiberglass Roving Market Size in Construction & Infrastructure, By Region, 2016–2023 (Kiloton)
Table 45 Fiberglass Roving Market Size in Construction & Infrastructure, By Region, 2016–2023 (USD Million)
Table 46 Fiberglass Roving Market Size in Marine, By Region, 2016–2023 (Kiloton)
Table 47 Fiberglass Roving Market Size in Marine, By Region, 2016–2023 (USD Million)
Table 48 Demand for New Airplanes, By Region, 2017–2036
Table 49 Fiberglass Roving Market Size in Aerospace & Defense, By Region, 2016–2023 (Kiloton)
Table 50 Fiberglass Roving Market Size in Aerospace & Defense, By Region, 2016–2023 (USD Million)
Table 51 Fiberglass Roving Market Size in Other End-Use Industries, By Region, 2016–2023 (Kiloton)
Table 52 Fiberglass Roving Market Size in Other End-Use Industries, By Region, 2016–2023 (USD Million)
Table 53 Fiberglass Roving Market Size, By Region, 2016–2023 (Kiloton)
Table 54 Fiberglass Roving Market Size, By Region, 2016–2023 (USD Million)
Table 55 North America: Fiberglass Roving Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 56 North America: Fiberglass Roving Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 57 North America: Fiberglass Roving Market Size, By Country, 2016–2023 (Kiloton)
Table 58 North America: Fiberglass Roving Market Size, By Country, 2016–2023 (USD Million)
Table 59 Europe: Fiberglass Roving Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 60 Europe: Fiberglass Roving Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 61 Europe: Fiberglass Roving Market Size, By Country, 2016–2023 (Kiloton)
Table 62 Europe: Fiberglass Roving Market Size, By Country, 2016–2023 (USD Million)
Table 63 APAC: Fiberglass Roving Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 64 APAC: Fiberglass Roving Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 65 APAC: Fiberglass Roving Market Size, By Country, 2016–2023 (Kiloton)
Table 66 APAC: Fiberglass Roving Market Size, By Country, 2016–2023 (USD Million)
Table 67 Middle East & Africa: Fiberglass Roving Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 68 Middle East & Africa: Fiberglass Roving Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 69 Middle East & Africa: Fiberglass Roving Market Size, By Country, 2016–2023 (Kiloton)
Table 70 Middle East & Africa: Fiberglass Roving Market Size, By Country, 2016–2023 (USD Million)
Table 71 Latin America: Fiberglass Roving Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 72 Latin America: Fiberglass Roving Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 73 Latin America: Fiberglass Roving Market Size, By Country, 2016–2023 (Kiloton)
Table 74 Latin America: Fiberglass Roving Market Size, By Country, 2016–2023 (USD Million)
Table 75 Investments and Expansions, 2014–2018
Table 76 Agreements, Partnerships, and Joint Ventures, 2014–2018
Table 77 New Product Launches, 2014–2018
Table 78 Mergers & Acquisitions, 2014–2018

List of Figures

Figure 1 Fiberglass Roving Market Segmentation
Figure 2 Fiberglass Roving Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Fiberglass Roving Market: Data Triangulation
Figure 6 Transportation to Be the Leading End-Use Industry of Fiberglass Roving
Figure 7 E-glass Fiber is the Largest Glass Fiber Type in Fiberglass Roving Market
Figure 8 China to Lead the Fiberglass Roving Market in APAC
Figure 9 Single-End Roving to Be the Fastest-Growing Product Type
Figure 10 APAC to Be the Fastest-Growing Fiberglass Roving Market
Figure 11 Fiberglass Roving Market to Grow at A Significant Rate
Figure 12 Single-End Roving to Be the Leading Product Type
Figure 13 APAC Accounted for the Largest Market Share
Figure 14 India to Be the Fastest-Growing Market
Figure 15 E-glass to Account for the Highest Share in Fiberglass Roving Market
Figure 16 Factors Governing the Growth of the Fiberglass Roving Market
Figure 17 Fiberglass Roving Market: Porter’s Five Forces Analysis
Figure 18 PER Capita GDP vs. PER Capita Fiberglass Roving Demand
Figure 19 Automotive Production in Key Countries, Million Units (2016 vs. 2017)
Figure 20 E-glass to Be the Largest Glass Fiber Type in the Fiberglass Roving Market
Figure 21 APAC to Be the Largest Market for E-glass Fiber Roving
Figure 22 APAC to Register the Highest Cagr in ECR-glass Fiber Roving Market
Figure 23 APAC to Register the Highest Cagr in H-glass Fiber Roving Market
Figure 24 Single-End Roving to Register the Highest Cagr
Figure 25 APAC to Register the Highest Cagr in the Single-End Roving Market
Figure 26 Wind Energy to Register the Highest Cagr in the Fiberglass Roving Market
Figure 27 APAC to Register the Highest Cagr in Fiberglass Roving Market in Wind Energy End-Use Industry
Figure 28 APAC to Be the Largest Market for Fiberglass Roving in Electrical & Electronics Industry
Figure 29 Europe to Be the Largest Market for Fiberglass Roving in Transportation Industry
Figure 30 APAC to Register the Highest Cagr in Fiberglass Roving Market in Pipes & Tanks Industry
Figure 31 APAC to Register the Highest Cagr in Fiberglass Roving Market in Construction & Infrastructure Industry
Figure 32 Europe to Register the Highest Cagr in Fiberglass Roving Market in Marine Industry
Figure 33 Europe to Register the Highest Cagr in Fiberglass Roving Market in Aerospace & Defense Industry
Figure 34 APAC to Register the Highest Cagr in Fiberglass Roving Market in Other Industries
Figure 35 China to Register the Highest Cagr in the Fiberglass Roving Market
Figure 36 North America: Fiberglass Roving Market Snapshot
Figure 37 Europe: Fiberglass Roving Market Snapshot
Figure 38 APAC: Fiberglass Roving Market Snapshot
Figure 39 New Product Launches is the Key Growth Strategies
Figure 40 Owens Corning: Company Snapshot
Figure 41 Owens Corning: SWOT Analysis
Figure 42 Jushi Group: SWOT Analysis
Figure 43 CPIC: SWOT Analysis
Figure 44 Saint-Gobain S.A.: Company Snapshot
Figure 45 Saint-Gobain S.A.: SWOT Analysis
Figure 46 Nippon Electric Glass Co. Ltd.: Company Snapshot
Figure 47 Nippon Electric Glass Co. Ltd.: SWOT Analysis

Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5
5 of 5
  • Owens Corning
  • Jushi Group Co., Ltd.
  • Chongqing Polycomp International Corporation
  • Johns Manville Corporation
  • Saint-Gobain S.A.
  • Nippon Electric Glass Co. Ltd.
  • Taishan Fiberglass, Inc.
  • AGY Holdings Corp.
  • China Beihai Fiberglass Co., Ltd.
  • Taiwan Glass Industry Corp.
  • Binani Industries Ltd.
  • BGF Industries, Inc.
  • Nitto Boseki Co., Ltd.
  • Jiangsu Jiuding New Material Co., Ltd.
  • PFG Fiberglass Corporation
  • Celanese Corporation
  • Saertex GmbH
  • Reliance Industries
  • China National Building Material Company Ltd.
  • P-D Glasseiden GmbH
Note: Product cover images may vary from those shown
Adroll
adroll