Quick Summary:
In an ever-evolving global marketplace, informed decision-making is crucial to maintaining a competitive edge. Our comprehensive Global Fiberglass Market report offers vital insight into an industry set to reach a whopping $18.9 billion by 2030, poised for significant growth primarily fueled by the Direct & Assembled Roving and Glass Wool segments. This report provides an in-depth analysis of key market trends, future projections, and growth strategies to ensure your business stays ahead of the curve.
Our report not only provides a granular view of the U.S. market, but also an extensive analysis on other thriving markets including China, Japan, Canada, and Germany. Furthermore, the researched data offers a competitive viewpoint, featuring some notable industry players such as Owens Corning and PFG Fiber Glass. As an added value, our comprehensive offering also includes access to digital archives, market insights across multiple geographies, and complimentary updates for a year. Acquiring this report means investing in your strategic planning for the future.
Global Fiberglass Market to Reach $18.9 Billion by 2030
The global market for Fiberglass estimated at US$13 Billion in the year 2022, is projected to reach a revised size of US$18.9 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2022-2030. Direct & Assembled Roving, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$5.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Glass Wool segment is readjusted to a revised 4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.5 Billion, While China is Forecast to Grow at 7.4% CAGR
The Fiberglass market in the U.S. is estimated at US$3.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.2 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.Select Competitors (Total 69 Featured) -
- Agy Holdings Corp.
- Asahi Fiber Glass Co., Ltd.
- Binani 3B-The Fibreglass Company
- CertainTeed Corporation
- China Jushi Co., Ltd.
- Chongqing Polycomp International Corporation
- Johns Manville Corporation
- Knauf Insulation GmbH
- Nippon Electric Glass Co., Ltd.
- Owens Corning
- Pfg Fiber Glass (Kunshan) Co., Ltd.
- PPG Industries, Inc.
- Saint-Gobain Adfors
- Saint-Gobain Vetrotex
- Taiwan Glass Industry Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Fiberglass?
What is the growth rate of the Global Market for Fiberglass?
What is the forecasted size of the Global Market for Fiberglass?
Who are the key companies in the Global Market for Fiberglass?
| Report Attribute | Details |
|---|---|
| No. of Pages | 258 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 13 Billion |
| Forecasted Market Value ( USD | $ 18.9 Billion |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Agy Holdings Corp.
- Asahi Fiber Glass Co., Ltd.
- Binani 3B-The Fibreglass Company
- CertainTeed Corporation
- China Jushi Co., Ltd.
- Chongqing Polycomp International Corporation
- Johns Manville Corporation
- Knauf Insulation GmbH
- Nippon Electric Glass Co., Ltd.
- Owens Corning
- Pfg Fiber Glass (Kunshan) Co., Ltd.
- PPG Industries, Inc.
- Saint-Gobain Adfors
- Saint-Gobain Vetrotex
- Taiwan Glass Industry Corporation
