Future Market Insights newly published market report, “Fiberglass (Glass Fiber) Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028,” examines the Fiberglass (Glass Fiber) Market and offers crucial market insights for the next ten years.

According to the global fiberglass market report, the roving’s segment by product type is expected to dominate the overall market accounting for over 57% revenue share by 2028-end. The fiberglass (glass fiber) market is expected to register a CAGR of 4.3 % during the forecast period (2022 – 2028). The global fiberglass (glass fiber) market is expected to expand at a CAGR of 4.3 %, accounting for US$ 13.1 Bn by the end of 2028.

Global Fiberglass (Glass Fiber) Market Dynamics  

With the growing need for developing walls, doors, windows, and roofs, demand for fiberglass is likely to remain high in the construction industry. Glass fiber is also used as a composite in the construction industry. Manufacturers are utilizing GFRC (glass fiber reinforced concrete), which contains hydrated cement, glass fibers and sand for diverse construction purposes.

Incorporation of the fiberglass enables manufacturers to integrate robust features such as anti-corrosiveness, high compressive strength, tensile strength and lightweight. In addition, manufacturers prefer utilizing fiberglass pertaining to the low maintenance cost and erosion. On the account of these factors, growth of the global market is expected to remain positive over the coming years.

Global Fiberglass (Glass Fiber) Market Competitive Landscape

Some of the players identified in the global fiberglass (glass fiber) market are Owens Corning, PFG Fiber Glass Corporation, CPIC Abahsain Fiberglass M.E., W.L.L., Chongqing Polycomp International Corp, and Jushi Group Co., Ltd. among others. Over the recent past, the industry players have focused on acquisitions and increasing their production capacities to meet the growing demand from various end-user industries.

Get a Sample Copy of the Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-5440

Key Segments of Fiberglass Industry Survey

Fiberglass Market by Product Type:

  • Fiberglass Rovings
  • Fiberglass Mats
  • Fiberglass Strands
  • Fiberglass Fabrics

Fiberglass Market by Glass Type:

  • S-Glass
  • C-Glass
  • E-Glass
  • ECR-Glass
  • Others

Fiberglass Market by Application:

  • Automotive
  • Aerospace & Defense
  • Wind Energy
  • Construction
  • Marine
  • Sports & Leisure
  • Pipes & Tanks
  • Others

Frequently Asked Questions

  • At what CAGR is the fiberglass market expected to rise over the forecast period (2022-2028?
  • How much is the global fiberglass market worth as of now?
  • What will be the possible valuation of the fiberglass market by 2028?
  • What market statistics are mentioned for the period of 2013 to 2021?
  • What market share is held by North America?

Browse latest Market Reports@ 
https://www.futuremarketinsights.com/category/chemicals-and-materials