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Fiberglass Fabric Market by Fiber Type, Fabric Type, Application, and Region - Global Forecast to 2022

Fiberglass Fabric Market: Global Forecast until 2022

  • July 2017
  • 142 pages
  • ID: 5028017
In this report:
According to the Society of Motor Manufacturers and Traders, ##.## million cars were manufactured in the U.K. in 2016, an increase of ##.##% and the highest output for ## years with growing exports of more than ##.## million cars shipped worldwide.
According to the Global Wind Energy Council (GWEC), by 2035, the renewables are expected to generate more than ##% of the world's electricity, and a quarter of this is expected to be derived from wind energy, which can also help in reducing the CO emissions.

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Fiberglass fabric market forecasted to grow at a compound annual growth rate (CAGR) of 7.62% during the forecast horizon

The overall fiberglass fabric market is estimated to grow ~$13.5B by 2022, at a compound annual growth rate of ~7.6 percent between 2017 and 2022. The main factor projected to drive the rise of the fiberglass fabric market is the growing demand for corrosion and heat resistant, lightweight, high strength materials from the wind energy, transportation, marine, and electrical & electronics applications. The high production cost of fiberglass fabrics is restraining the increase of the market.

Established on fiber type, E-glass fabric is forecasted to be the quickest-increasing in the fiberglass market by category, in terms of value importance

E-glass fibers are cost-efficient and offer a wide range of properties including corrosion resistance, lightweight, high electrical insulation, moderate strength, and are the most widely used fiber type in the manufacture of fiberglass fabrics.

Woven fabrics to lead the fiberglass fabric market

Different types of woven fabrics include plain, twill, satin, weft knitted, wrap knitted, and others. These techniques are used as per requirements for applications in terms of strength and flexibility. Furthermore, the interlocked layers of woven fabrics help prevent delamination and therefore offer high impact resistance which is greater than that of multiaxial non-woven fabrics, thus driving the use of woven fabrics in different applications

The Asia Pacific is anticipated to be the quickest-rising fiberglass fabric market

The Asia Pacific is anticipated to be the quickest-increasing fiberglass fabric market during the outlook period, which is driven by the rising use of fiberglass fabrics in the wind energy, electrical & electronics, transportation, and construction applications. Also, while governments are growing expenditures for sustainable energy, the infrastructural and manufacturing markets too are anticipated to create higher demand for fiberglass fabric. This analysis has been approved through primaries managed with different market experts globally. Those primary sources have been sliced into the following three categories:

• By Type of company- tier 1 - 65.0 percent, Tier 2 - 25.0 percent, and Tier 3 - 10.0 percent

• By Designation- C Level - 10.0 percent, D-level - 30.0 percent, and Others - 60.0 percent

• By Region- North America - 10.0 percent, EU - 45.0 percent, Asia-Pac - 30.0 percent, Middle East area & African continent - 10.0 percent, and Latin America area - 5.0 percent

The market research offers a comprehensive overview and profiles of the firms listed below:

• Owens Corning,

• Gurit,

• Jushi Group Co., Limited,

• Chomarat Textile Markets,

• Tah Tong Textile Co., Limited,

• BFG Sectors, Incorporated,

• Nitto Boseki Co., Limited

Segment Research

This industry report includes the overall fiberglass fabric market and forecasts the market value until 2022. The industry report includes industry segmentation on the basis of fiber type, fabric type (woven and non-woven), application (wind energy, marine, transportation, construction, electrical & electronics, aerospace & defense, and others), and area (North America continent, Europe (EU), Asia Pacific (APAC), Latin America area, and Middle East (ME) & African continent). Porter's Five Force analysis, together with drivers, industry restraints, opportunities, and opportunities of the market have been discussed in the study. The analysis also offers company descriptions and competitive benchmarking adopted by the main players in the overall fiberglass fabric market.

Benefits of Buying the Report

The market research will facilitate industry top players/new sector entrants in this sector in these ways:

• This document breaks down the overall fiberglass fabric market comprehensively and offers closest approximations of the revenues for the global market and the sub-segments across several verticals and localities.

• The report will facilitate partners comprehend the pulse of the sector and offer them information on main market drivers, market restraints, opportunities, and alternatives.

• this business report will facilitate partners to better find out players and obtain additional insights to enhance their positions. The competitive outlook section includes the competitor ecosystem, new industry product developments, market investments & business developments, strategic agreements, alliances & joint ventures (JV), and mergers & acquisitions.

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