Glass Fiber Market Share, Size, and Trends by 2027
Glass Fiber Market: Strategic Insights
Glass Fiber Market
-
CAGR (2019 - 2027)4.3% -
Market Size 2019
US$ 14.19 Billion -
Market Size 2027
US$ 19.84 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing demand for lightweight and fuel-efficient vehicles
- Rising infrastructure spending globally
- Growing adoption of renewable energy sources
- Booming construction industry
- Expanding electronics and telecommunications sectors
FUTURE TRENDS
- Increasing focus on sustainability and eco-friendly materials
- Advancements in fiber optic technology and high-speed networks
- Rising demand for lightweight and high-strength materials in various industries
- Integration of smart technologies and automation in manufacturing processes
- Growing adoption of 3D printing and additive manufacturing techniques
OPPORTUNITIES
- Emerging markets with rapid industrialization
- Advancements in fiber optic technology
- Increasing use of glass fiber in aerospace and defense
- Growing demand for high-performance composites
- Rising adoption of 5G and IoT technologies
Key Players
- Johns Manville
- Jushi Co Ltd
- Chongqing Polycomp International Corp CPIC
- Goa Glass Fiber Ltd
- Nippon Electric Glass Co Ltd
- Saint Gobain Vetrotex
- Sichuan Weibo New Material Group Co Ltd
- Taishan Fiberglass Inc
- Taiwan Glass Group
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Fiber Type - E/ECR-Glass Fiber
- S-Glass Fiber
- C-Glass Fiber
Product Type - Single-End Roving
- Multi-End Roving
- Woven Roving
- Others
Application - Marine
- Transportation
- Aerospace
- Construction
- Electrical and Electronics
- Consumer Goods
Manufacturing Process - Hand Lay Up
- Spray Up
- Prepreg Lay Up
- Injection Molding
- Compression Molding
- Resin Infusion
Get Free Sample For