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Fiberglass Mold Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • February 2024
  • Region: Global
  • Lucintel
  • ID: 5980253

Fiberglass Mold Trends and Forecast

The future of the global fiberglass mold market looks promising with opportunities in the wind energy, marine, aerospace & defense, automotive & transportation, and construction & infrastructure markets. The global fiberglass mold market is expected to reach an estimated $507.7 million by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are growing usage of fiberglass molds in the design and production of wind turbine blades, increased demand for lightweight automotive components, growing construction and infrastructure sector, and rising adoption of fiberglass in wind energy applications.

Fiberglass Mold by Segment

The study includes a forecast for the global fiberglass mold by resin type, application, end use, and region.

Fiberglass Mold Market by Resin Type [Shipment Analysis by Value from 2018 to 2030]:

  • Epoxy
  • Vinyl Ester
  • Polyester
  • Phenolic
  • Others

Fiberglass Mold Market by Application [Shipment Analysis by Value from 2018 to 2030]:

  • Home Building Materials
  • Electronic Components
  • Storage Tanks
  • Boat Building
  • Pipes
  • Platforms
  • Grating
  • Doors
  • Others

Fiberglass Mold Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Wind Energy
  • Marine
  • Aerospace & Defense
  • Automotive & Transportation
  • Construction & Infrastructure
  • Others

Fiberglass Mold Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Fiberglass Mold Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fiberglass mold companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fiberglass mold companies profiled in this report include:
  • Dencam Composite
  • SSP Technology
  • Gurit Holding
  • Indutch Composites Technology
  • Janicki Industries
  • Molded Fiber Glass Cos
  • Norco GRP

Fiberglass Mold Market Insights

The publisher forecasts that epoxy resin is expected to witness the highest growth over the forecast period because the epoxy resins have stress resistance, water absorption, strength, heat and temperature resistance, chemical resistance, elongation, shrinkage coefficient, thermal conductivity, induced velocity and other which makes them ideal.

North America will remain the largest region over the forecast period due to growing demand for strong and lightweight fiberglass molds for bumpers, underbody shields, interior pieces, and other automotive aftermarket body parts, along with the rising demand for Electric Vehicle (EV) and Plug-in Hybrid Electric Vehicle (PHEV) in the region.

Features of the Global Fiberglass Mold Market

  • Market Size Estimates: Fiberglass mold market size estimation in terms of value ($M).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Fiberglass mold market size by resin type, application, end use, and region in terms of value ($M).
  • Regional Analysis: Fiberglass mold market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different resin type, application, end use, and regions for the fiberglass mold market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fiberglass mold market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the fiberglass mold market size?
Answer: The global fiberglass mold market is expected to reach an estimated $507.7 million by 2030.

Q2. What is the growth forecast for fiberglass mold market?
Answer: The global fiberglass mold market is expected to grow with a CAGR of 7.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the fiberglass mold market?
Answer: The major drivers for this market are growing usage of fiberglass molds in the design and production of wind turbine blades, increased demand for lightweight automotive components, growing construction and infrastructure sector, and rising adoption of fiberglass in wind energy applications.

Q4. What are the major segments for fiberglass mold market?
Answer: The future of the global fiberglass mold market looks promising with opportunities in the wind energy, marine, aerospace & defense, automotive & transportation, and construction & infrastructure markets.

Q5. Who are the key fiberglass mold market companies?
Answer: Some of the key fiberglass mold companies are as follows:
  • Dencam Composite
  • SSP Technology
  • Gurit Holding
  • Indutch Composites Technology
  • Janicki Industries
  • Molded Fiber Glass Cos
  • Norco GRP
Q6. Which fiberglass mold market segment will be the largest in future?
Answer: The publisher forecasts that epoxy resin is expected to witness the highest growth over the forecast period because the epoxy resins have stress resistance, water absorption, strength, heat and temperature resistance, chemical resistance, elongation, shrinkage coefficient, thermal conductivity, induced velocity and other which makes them ideal.

Q7. In fiberglass mold market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing demand for strong and lightweight fiberglass molds for bumpers, underbody shields, interior pieces, and other automotive aftermarket body parts, along with the rising demand for Electric Vehicle (EV) and Plug-in Hybrid Electric Vehicle (PHEV) in the region.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the fiberglass mold market by resin type (epoxy, vinyl ester, polyester, phenolic, and others), application (home building materials, electronic components, storage tanks, boat building, pipes, platforms, grating, doors, and others), end use (wind energy, marine, aerospace & defense, automotive & transportation, construction & infrastructure, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Fiberglass Mold Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Fiberglass Mold Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Fiberglass Mold Market by Resin Type
3.3.1: Epoxy
3.3.2: Vinyl Ester
3.3.3: Polyester
3.3.4: Phenolic
3.3.5: Others
3.4: Global Fiberglass Mold Market by Application
3.4.1: Home Building Materials
3.4.2: Electronic Components
3.4.3: Storage Tanks
3.4.4: Boat Building
3.4.5: Pipes
3.4.6: Platforms
3.4.7: Grating
3.4.8: Doors
3.4.9: Others
3.5: Global Fiberglass Mold Market by End Use
3.5.1: Wind Energy
3.5.2: Marine
3.5.3: Aerospace & Defense
3.5.4: Automotive & Transportation
3.5.5: Construction & Infrastructure
3.5.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Fiberglass Mold Market by Region
4.2: North American Fiberglass Mold Market
4.2.1: North American Fiberglass Mold Market by Resin Type: Epoxy, Vinyl Ester, Polyester, Phenolic, and Others
4.2.2: North American Fiberglass Mold Market by End Use: Wind Energy, Marine, Aerospace & Defense, Automotive & Transportation, Construction & Infrastructure, and Others
4.3: European Fiberglass Mold Market
4.3.1: European Fiberglass Mold Market by Resin Type: Epoxy, Vinyl Ester, Polyester, Phenolic, and Others
4.3.2: European Fiberglass Mold Market by End Use: Wind Energy, Marine, Aerospace & Defense, Automotive & Transportation, Construction & Infrastructure, and Others
4.4: APAC Fiberglass Mold Market
4.4.1: APAC Fiberglass Mold Market by Resin Type: Epoxy, Vinyl Ester, Polyester, Phenolic, and Others
4.4.2: APAC Fiberglass Mold Market by End Use: Wind Energy, Marine, Aerospace & Defense, Automotive & Transportation, Construction & Infrastructure, and Others
4.5: ROW Fiberglass Mold Market
4.5.1: ROW Fiberglass Mold Market by Resin Type: Epoxy, Vinyl Ester, Polyester, Phenolic, and Others
4.5.2: ROW Fiberglass Mold Market by End Use: Wind Energy, Marine, Aerospace & Defense, Automotive & Transportation, Construction & Infrastructure, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Fiberglass Mold Market by Resin Type
6.1.2: Growth Opportunities for the Global Fiberglass Mold Market by Application
6.1.3: Growth Opportunities for the Global Fiberglass Mold Market by End Use
6.1.4: Growth Opportunities for the Global Fiberglass Mold Market by Region
6.2: Emerging Trends in the Global Fiberglass Mold Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Fiberglass Mold Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Fiberglass Mold Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Dencam Composite
7.2: SSP Technology
7.3: Gurit Holding
7.4: Indutch Composites Technology
7.5: Janicki Industries
7.6: Molded Fiber Glass Cos
7.7: Norco GRP

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Dencam Composite
  • SSP Technology
  • Gurit Holding
  • Indutch Composites Technology
  • Janicki Industries
  • Molded Fiber Glass Cos
  • Norco GRP

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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