Glass fiber market to grow by 4.71% Y-O-Y from 2022 to 2023: Rising demand for glass fiber in the transportation industry will drive growth - Technavio

NEW YORK, Dec. 13, 2022 /PRNewswire/ --

Glass fiber market insights -

• Vendors: 15+, Including 3B the fiberglass Co., AGY Holding Corp., Ahlstrom Munksjo, CertainTeed, China Beihai Fiberglass Co. Ltd., China Jushi Co. Ltd., Chongqing Polycomp International Corp., Compagnie de Saint Gobain SA, Excel Glass Fiber Industries P Ltd., Fiber Tech Industries Inc., Nippon Electric Glass Co. Ltd., Nitto Boseki Co. Ltd., Owens Corning, Revex Plasticisers Pvt Ltd., Taishan Fiberglass Inc., Taiwan Glass Ind. Corp., Thinh Phat Fiber Fiber Co. Ltd., and Lanxess AG among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: End-User, Application, and Region

To understand more about the glass fiber market, request a sample report

In 2017, the glass fiber market was valued at USD 11,661.38 billion. From a regional perspective, APAC held the largest market share, valued at USD 5,146.17 million. The glass fiber market size is estimated to grow by USD 3,894.34 million from 2022 to 2027 at a CAGR of 4.93%, according to Technavio.

Glass fiber market - Customer landscape

To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity
• For highlights on customer landscape analysis, download a sample!

Glass fiber market - Vendor insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including –

• 3B the fiberglass Co.: The company offers glass fiber to develop lightweight solutions that contribute significantly to reducing CO2 emissions.
• AGY Holding Corp.: The company offers glass fiber with high stability and durability with the exception of sizing ingredients, inorganic, incombustible and will neither expand nor contract with moisture changes.
• CertainTeed: The company offers glass fiber which is made from molten sand and recycled glass, rendering it naturally non-combustible.
• China Beihai Fiberglass Co. Ltd.: The company offers glass fiber that can produce high-strength and density homogeneous composite panels.
• China Jushi Co. Ltd.: The company offers glass fiber which has many characteristics such as electrical insulation, corrosion resistance, heat insulation, and is lightweight.
• Chongqing Polycomp International Corp.
• Compagnie de Saint Gobain SA
• Excel Glass Fiber Industries P Ltd.
• Fiber Tech Industries Inc.
• Nippon Electric Glass Co. Ltd.
• Nitto Boseki Co. Ltd.
• Owens Corning
• Revex Plasticisers Pvt Ltd.
• Taishan Fiberglass Inc.
• Taiwan Glass Ind. Corp.

Glass fiber market - Market dynamics

Major drivers:

• Increasing demand for glass fibers in construction
• Rising demand for glass fibers in the transportation industry
• An increasing number of opportunities for textile glass fibers and glass fibers in the electronics sector

Key challenges:

• Availability of substitutes
• Health hazards associated with glass fibers
• Disadvantages of glass fibers

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The glass fiber market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

Why buy?

• Add credibility to strategies
• Analyze competitor's offerings
• Get a holistic view of the market

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What are the Key Data Covered in this glass fiber market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the glass fiber market between 2023 and 2027
• Precise estimation of the size of the glass fiber market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the glass fiber market industry across APAC, North America, Europe, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of glass fiber market vendors

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Table of Content

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global glass fiber market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global glass fiber market 2017 - 2021 ($ million)

• 4.2 End-user Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.3 Application Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments 
• Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Construction - Market size and forecast 2022-2027
• Exhibit 34: Chart on Construction - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Construction - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Construction - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Construction - Year-over-year growth 2022-2027 (%)

• 6.4 Transportation - Market size and forecast 2022-2027
• Exhibit 38: Chart on Transportation - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Transportation - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Transportation - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Transportation - Year-over-year growth 2022-2027 (%)

• 6.5 Consumer products - Market size and forecast 2022-2027
• Exhibit 42: Chart on Consumer products - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Consumer products - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Consumer products - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Consumer products - Year-over-year growth 2022-2027 (%)

• 6.6 Wind turbines - Market size and forecast 2022-2027
• Exhibit 46: Chart on Wind turbines - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Wind turbines - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Wind turbines - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Wind turbines - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by End-user 
• Exhibit 54: Market opportunity by End-user ($ million)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 55: Chart on Application - Market share 2022-2027 (%)
• Exhibit 56: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 57: Chart on Comparison by Application
• Exhibit 58: Data Table on Comparison by Application

• 7.3 Composites - Market size and forecast 2022-2027
• Exhibit 59: Chart on Composites - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Composites - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Composites - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Composites - Year-over-year growth 2022-2027 (%)

• 7.4 Insulation - Market size and forecast 2022-2027
• Exhibit 63: Chart on Insulation - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Insulation - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Insulation - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Insulation - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Application 
• Exhibit 67: Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 India - Market size and forecast 2022-2027
• Exhibit 105: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.12 France - Market size and forecast 2022-2027
• Exhibit 109: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 3B the fiberglass Co. 
• Exhibit 120: 3B the fiberglass Co. - Overview
• Exhibit 121: 3B the fiberglass Co. - Product / Service
• Exhibit 122: 3B the fiberglass Co. - Key offerings

• 12.4 AGY Holding Corp. 
• Exhibit 123: AGY Holding Corp. - Overview
• Exhibit 124: AGY Holding Corp. - Product / Service
• Exhibit 125: AGY Holding Corp. - Key offerings

• 12.5 Ahlstrom Munksjo 
• Exhibit 126: Ahlstrom Munksjo - Overview
• Exhibit 127: Ahlstrom Munksjo - Business segments
• Exhibit 128: Ahlstrom Munksjo - Key news
• Exhibit 129: Ahlstrom Munksjo - Key offerings
• Exhibit 130: Ahlstrom Munksjo - Segment focus

• 12.6 CertainTeed 
• Exhibit 131: CertainTeed - Overview
• Exhibit 132: CertainTeed - Product / Service
• Exhibit 133: CertainTeed - Key offerings

• 12.7 China Beihai Fiberglass Co. Ltd. 
• Exhibit 134: China Beihai Fiberglass Co. Ltd. - Overview
• Exhibit 135: China Beihai Fiberglass Co. Ltd. - Product / Service
• Exhibit 136: China Beihai Fiberglass Co. Ltd. - Key offerings

• 12.8 China Jushi Co. Ltd. 
• Exhibit 137: China Jushi Co. Ltd. - Overview
• Exhibit 138: China Jushi Co. Ltd. - Product / Service
• Exhibit 139: China Jushi Co. Ltd. - Key offerings

• 12.9 Chongqing Polycomp International Corp.
• Exhibit 140: Chongqing Polycomp International Corp. - Overview
• Exhibit 141: Chongqing Polycomp International Corp. - Product / Service
• Exhibit 142: Chongqing Polycomp International Corp. - Key offerings

• 12.10 Compagnie de Saint Gobain SA 
• Exhibit 143: Compagnie de Saint Gobain SA - Overview
• Exhibit 144: Compagnie de Saint Gobain SA - Business segments
• Exhibit 145: Compagnie de Saint Gobain SA - Key offerings
• Exhibit 146: Compagnie de Saint Gobain SA - Segment focus

• 12.11 Excel Glass Fiber industries P Ltd. 
• Exhibit 147: Excel Glass Fiber industries P Ltd. - Overview
• Exhibit 148: Excel Glass Fiber industries P Ltd. - Product / Service
• Exhibit 149: Excel Glass Fiber industries P Ltd. - Key offerings

• 12.12 Fiber Tech Industries Inc. 
• Exhibit 150: Fiber Tech Industries Inc. - Overview
• Exhibit 151: Fiber Tech Industries Inc. - Product / Service
• Exhibit 152: Fiber Tech Industries Inc. - Key offerings

• 12.13 Lanxess AG 
• Exhibit 153: Lanxess AG - Overview
• Exhibit 154: Lanxess AG - Business segments
• Exhibit 155: Lanxess AG - Key offerings
• Exhibit 156: Lanxess AG - Segment focus

• 12.14 Nippon Electric Glass Co. Ltd. 
• Exhibit 157: Nippon Electric Glass Co. Ltd. - Overview
• Exhibit 158: Nippon Electric Glass Co. Ltd. - Product / Service
• Exhibit 159: Nippon Electric Glass Co. Ltd. - Key offerings

• 12.15 Nitto Boseki Co. Ltd. 
• Exhibit 160: Nitto Boseki Co. Ltd. - Overview
• Exhibit 161: Nitto Boseki Co. Ltd. - Business segments
• Exhibit 162: Nitto Boseki Co. Ltd. - Key offerings
• Exhibit 163: Nitto Boseki Co. Ltd. - Segment focus

• 12.16 Owens Corning 
• Exhibit 164: Owens Corning - Overview
• Exhibit 165: Owens Corning - Business segments
• Exhibit 166: Owens Corning - Key news
• Exhibit 167: Owens Corning - Key offerings
• Exhibit 168: Owens Corning - Segment focus

• 12.17 Thinh Phat Fiber Fiber Co. Ltd. 
• Exhibit 169: Thinh Phat Fiber Fiber Co. Ltd. - Overview
• Exhibit 170: Thinh Phat Fiber Fiber Co. Ltd. - Product / Service
• Exhibit 171: Thinh Phat Fiber Fiber Co. Ltd. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 172: Inclusions checklist
• Exhibit 173: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 174: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 175: Research methodology
• Exhibit 176: Validation techniques employed for market sizing
• Exhibit 177: Information sources

• 13.5 List of abbreviations 
• Exhibit 178: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Website: www.technavio.com/

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