Fiberglass Market - Size, Share, Trends and Forecast 2016 - 2024
The global fiberglass market is intensively competitive with the existing major players competing majorly on the basis of quality, scale of operations, technology, price and innovation among others.
The global fiberglass market is intensively competitive with the existing major players competing majorly on the basis of quality, scale of operations, technology, price and innovation among others.
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Transparency <strong>Market</strong> Research<br />
<strong>Fiberglass</strong> <strong>Market</strong> - Global Industry<br />
Analysis, <strong>Size</strong>, <strong>Share</strong>, <strong>Trends</strong> <strong>and</strong><br />
<strong>Forecast</strong> <strong>2016</strong> - <strong>2024</strong><br />
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REPORT DESCRIPTION<br />
A new research report by Transparency <strong>Market</strong> Research offers a comprehensive evaluation of the global <strong>Fiberglass</strong> <strong>Market</strong>. The<br />
study, titled “<strong>Fiberglass</strong> <strong>Market</strong> - Global Industry Analysis, <strong>Size</strong>, <strong>Share</strong>, <strong>Trends</strong> <strong>and</strong> <strong>Forecast</strong> <strong>2016</strong> - <strong>2024</strong>”, is available for sale<br />
on the firm’s website.<br />
Global <strong>Fiberglass</strong> <strong>Market</strong>: Overview<br />
Gains in the global fiberglass market will largely stem from a rebound in the construction sector <strong>and</strong> the mounting use of glass fiber<br />
in insulation. Headwinds that will slow down the market’s growth include the invasion of low-cost fiberglass <strong>and</strong> a slowdown in<br />
growth in maturing markets. <strong>Fiberglass</strong>, a material produced by using ultrathin str<strong>and</strong>s of glass to reinforce the plastic matrix, is<br />
desired in several applications because of the strength <strong>and</strong> lightness it lends. The commercial production of fiberglass has taken off<br />
worldwide also because the required raw materials are both economical <strong>and</strong> abundantly available. The preference for fiberglass over<br />
carbon fiber has also given the market for former a lift.<br />
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The report on the global fiberglass market analyzes the factors that will have a veritable impact on both volume sales <strong>and</strong> revenue<br />
generation. The report shears the global fiberglass market down to the application-, region-, <strong>and</strong> end-user-level segments. By doing so,<br />
the report is able to spot trends <strong>and</strong> opportunities that are in the making. Likewise, imminent threats <strong>and</strong> how companies can counter<br />
them are discussed in the report.<br />
Global <strong>Fiberglass</strong> <strong>Market</strong>: Segmentation<br />
For the purpose of this study, the global fiberglass market has been segmented based on application into: Automotive, consumer<br />
goods, infrastructure, construction, <strong>and</strong> transportation. Based on geography, the report shears the market down into: Asia Pacific,<br />
North America, Europe, the Middle East <strong>and</strong> Africa, <strong>and</strong> Latin America. The Asia Pacific fiberglass market will be a hotbed of<br />
fiberglass manufacturing activity, impelled by the escalating consumption of fiberglass in China. The consumer electronics,<br />
construction, <strong>and</strong> wind energy sectors in the country are underpinning the growing dem<strong>and</strong> for fiberglass in China.<br />
The key types of fiberglass available on the market include yarns <strong>and</strong> roving fiberglass. The uses of fiberglass range from aircraft to<br />
septic tanks <strong>and</strong> from roofing to external door skins. The report creates a holistic picture of the global fiberglass market before drilling<br />
down to the second <strong>and</strong> third level segmentation.<br />
Global <strong>Fiberglass</strong> <strong>Market</strong>: Opportunities <strong>and</strong> Restraints
The pressing need for lightweight automobiles <strong>and</strong> aircraft will act as a primary growth driver for the global fiberglass market. The<br />
trend of replacing heavier metal components with lighter weight fiberglass parts has created a window of opportunity for the fiberglass<br />
market in emerging countries, <strong>and</strong> stirring up some fresh dem<strong>and</strong> in otherwise stagnant mature markets. According to the report, the<br />
copious use of fiberglass in wind turbines has made the wind energy sector a valuable consumer for companies in the global fiberglass<br />
market.<br />
TMR analysts find that the global market being inundated with low-cost fiberglass will dent revenue growth. At the same time, the<br />
dem<strong>and</strong> in mature markets is expected to be lackluster – another factors that will cause a marginal dip in global revenue gains. By<br />
training their focus on hitherto untapped markets, companies in the global fiberglass market can mitigate the impact of these restraints.<br />
Browse the full Research report at:<br />
http://www.transparencymarketresearch.com/fiberglass-market.html<br />
Global <strong>Fiberglass</strong> <strong>Market</strong>: Key Players<br />
The thriving fiberglass industry <strong>and</strong> massive production capacities in China will lead to manufacturers from this country gaining an<br />
upper h<strong>and</strong> in the global fiberglass market, the report notes. At the global level, companies that currently prominently feature in the<br />
fiberglass market are: Guardian Global, Owens Corning Corporation, Jushi Group Co. Ltd., Fiber Glass Industries Inc., <strong>and</strong> China<br />
National Materials Group Corp. The market wears a consolidated look because companies with large production capacities have an<br />
appreciable advantage over smaller, local players.<br />
This research report analyzes this market depending on its market segments, major geographies, <strong>and</strong> current market trends.<br />
Geographies analyzed under this research report include<br />
• North America<br />
• Asia Pacific<br />
• Europe<br />
• Rest of the World<br />
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