Fiberglass fabric is a strong, low weight material that is predominantly used as a reinforcement material across the composite materials industry. It can be folded, draped, or rolled like any loosely woven fabric. It can also be transformed into solid sheets with high strength by adding epoxy and polyester resins. Fiberglass is increasingly being used in the general engineering industries to manufacture industrial gaskets as it offers an effective thermal barrier owing to its remarkable thermal insulation properties.
MARKET DYNAMICS
The pervasive uses of fiberglass fabric as a popular reinforcement material in the composite construction and repair work has spurred the demand for fiberglass fabrics in the recent period. Fiberglass fabrics have seen a surge in consumption owing to their uses in the construction of lightweight and durable wind turbine blades. The transition from fossil-based fuels to clean energy has benefitted the wind energy sector and subsequently given an impetus to the use of composite materials in the construction of turbine blades. Also, the increasing importance of fiberglass fabrics as thermal insulators in power plants is expected to boost the sales of fiberglass fabrics. The burgeoning demand for fiberglass fabrics in the manufacturing of high-pressure laminates for PCBs (Printed Circuit Boards) used in modern consumer electronics is anticipated to stimulate the growth of the fiberglass fabrics globally.
MARKET SCOPE
The "Global Fiberglass Fabric Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fiberglass fabric market with detailed market segmentation by fiber type, fabric type, application, and geography. The global fiberglass fabric market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fiberglass fabric market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fiberglass fabric market is segmented on the basis of fiber type, fabric type, and application. On the basis of fiber type, the fiberglass fabric market is segmented into e-glass fabric and others. The fiberglass fabric market on the basis of fabric type is classified into woven fiberglass fabric and non-woven fiberglass fabric. Based on application, the global fiberglass fabric market is divided into wind energy, transportation, electrical & electronics, marine, construction, aerospace & defense, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global fiberglass fabric market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The fiberglass fabric market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fiberglass fabric market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the fiberglass fabric market in these regions.
MARKET PLAYERS
The reports cover key developments in the fiberglass fabric market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the fiberglass fabric market are anticipated to lucrative growth opportunities in the future with the rising demand for fiberglass fabric in the global market. Below mentioned is the list of few companies engaged in the fiberglass fabric market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fiberglass fabric market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Auburn Manufacturing, Inc.
- BGF Industries, Inc.
- Chomarat Textile Industries
- Gurit Holding AG
- Hexcel Corporation
- Jushi Group Co., Ltd.
- Owens Corning
- Saertex GmbH & Co.Kg.
- Saint-Gobain Performance Plastics
- Tah Tong Textile Co. Ltd.
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