A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Fiberglass
Market.
The study, titled “Fiberglass
Market - Global Industry Analysis, Size, Share, Trends and Forecast
2016 - 2024”,
is available for sale on the firm’s website.
Global
Fiberglass Market: Overview
Gains
in the global
fiberglass market will largely stem from a rebound in the
construction sector and the mounting use of glass fiber in
insulation. Headwinds that will slow down the market’s growth
include the invasion of low-cost fiberglass and a slowdown in growth
in maturing markets. Fiberglass, a material produced by using
ultrathin strands of glass to reinforce the plastic matrix, is
desired in several applications because of the strength and lightness
it lends. The commercial production of fiberglass has taken off
worldwide also because the required raw materials are both economical
and abundantly available. The preference for fiberglass over carbon
fiber has also given the market for former a lift.
Request
Sample pages of premium Research Report :
The
report on the global fiberglass market analyzes the factors that will
have a veritable impact on both volume sales and revenue generation.
The report shears the global fiberglass market down to the
application-, region-, and end-user-level segments. By doing so, the
report is able to spot trends and opportunities that are in the
making. Likewise, imminent threats and how companies can counter them
are discussed in the report.
Global
Fiberglass Market: Segmentation
For
the purpose of this study, the global fiberglass market has been
segmented based on application into: Automotive, consumer goods,
infrastructure, construction, and transportation. Based on geography,
the report shears the market down into: Asia Pacific, North America,
Europe, the Middle East and Africa, and Latin America. The Asia
Pacific fiberglass market will be a hotbed of fiberglass
manufacturing activity, impelled by the escalating consumption of
fiberglass in China. The consumer electronics, construction, and wind
energy sectors in the country are underpinning the growing demand for
fiberglass in China.
The
key types of fiberglass available on the market include yarns and
roving fiberglass. The uses of fiberglass range from aircraft to
septic tanks and from roofing to external door skins. The report
creates a holistic picture of the global fiberglass market before
drilling down to the second and third level segmentation.
Global
Fiberglass Market: Opportunities and Restraints
The
pressing need for lightweight automobiles and aircraft will act as a
primary growth driver for the global fiberglass market. The trend of
replacing heavier metal components with lighter weight fiberglass
parts has created a window of opportunity for the fiberglass market
in emerging countries, and stirring up some fresh demand in otherwise
stagnant mature markets. According to the report, the copious use of
fiberglass in wind turbines has made the wind energy sector a
valuable consumer for companies in the global fiberglass market.
TMR
analysts find that the global market being inundated with low-cost
fiberglass will dent revenue growth. At the same time, the demand in
mature markets is expected to be lackluster – another factors that
will cause a marginal dip in global revenue gains. By training their
focus on hitherto untapped markets, companies in the global
fiberglass market can mitigate the impact of these restraints.
Browse
the full Research report at:
Global
Fiberglass Market: Key Players
The
thriving fiberglass industry and massive production capacities in
China will lead to manufacturers from this country gaining an upper
hand in the global fiberglass market, the report notes. At the global
level, companies that currently prominently feature in the fiberglass
market are: Guardian Global, Owens Corning Corporation, Jushi Group
Co. Ltd., Fiber Glass Industries Inc., and China National Materials
Group Corp. The market wears a consolidated look because companies
with large production capacities have an appreciable advantage over
smaller, local players.
This
research report analyzes this market depending on its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Transparency
Market Research
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+1-518-618-1030
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