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DELRAY BEACH, Fla., Jan. 16, 2025 /PRNewswire/ -- The report " Fiberglass Fabric market
by Fiber Type (E-Glass, S-Glass), Fabric Type (Woven, Non-Woven), Application (Wind Energy, Transportation, Electrical & Electronics, Construction, Marine, Aerospace & Defense), and Region - Global Forecast to 2029" , size is expected to reach USD 13.17 billion in 2029 from USD 9.39 billion in 2024, at a CAGR of 7.0% from 2024 to 2029.
Browse in-depth TOC on "Fiberglass Fabric
Market".
280 – Tables
57 – Figures
256 – Pages
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The most imperative factors that influence the demand for fiberglass fabrics across different regions include their versatile nature and superior properties like being lightweight, strong, an insulator, and even an anti-corrosive which enables them to be utilized in various fields such as automobiles, aerospace structures, construction, and wind energy. Countries are witnessing rapid growth in the construction industry, this has further led to an increased usage of fiberglass fabric in roofing, wall panels as well as insulation systems due to these structures thermal and durable properties. Manufacturers in the automotive industry are concentrated in using fiberglass fabrics in vehicles to enhance the fuel efficiency and lessen vehicle weight with the purpose of abiding by the rigorous emission regulations. The aerospace industry has also been known to use fiberglass fabric in the interiors and structural materials of aircrafts because they are fire resistant. The increasing attention to renewable resources has also increased the need for fiberglass fabrics especially in the making of wind turbine blades.
E-Glass fiber type segment is anticipated to be the largest segment in Fiberglass fabric market during the forecasted period in terms of value.
The fiberglass fabric market is segmented based on the fiber type i.e. E-Glass, S-Glass and Others. The E-glass fiber segment as a result of its low price and wide range of applications in numerous industries, makes it
a popular choice to be used by manufacturers. E-glass fibers have outstanding strength in tension, are resistant to electricity and corrosion, and possess other properties that are important in construction, automotive, and marine industries. The increasing usage of E-glass in different processes is additionally fueled by the growing need for heavy and sturdy materials while complying with regulations on fuel consumption and pollution levels. Due to the expanding renewable energy Initiative's, particulary in wind blade production, has significantly increased the use of E-glass fiber.
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Nonwoven fabric type is expected to have highest CAGR
during forecasting period in terms of value.
The fiberglass fabric market's fabric type segment consists of woven and nonwoven fabric type.
Nonwovens are exceptionally economical, composite in nature, and highly tailored fabrics which can be used in a variety of industries including healthcare, automotive and construction. Nonwoven fabric production involves bonding fibers together chemically, mechanically or thermally which not only strengthens the optic chances of nonwovens, but also contributes to increased filtration efficiency, breathability and durability.
Asia Pacific region is expected to register highest CAGR both in terms of value and volume during forecasted period
The fiberglass fabric market has been studied in North America, Europe, Asia Pacific, Latin America, and Middle East, and Africa. The Asia Pacific is expected to be the fastest-growing market, majorly due to growth of Infrastructure and construction sectors in China and India. The booming wind energy industry of Asia Pacific, especially in China, has become a rapidly growing industry due to increased demand for light and durable fiberglass fabric used in making turbine blades. Electronics is also being driven by strong electronics in this region, with growing demand for PCBs that have fiberglass fabric application for thermal insulation and other electrical applications.
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Key players
Prominent companies include
Owens Corning (US), China Jushi Co., Ltd (China), Saint-Gobain (France), Chomarat (France), TAIWAN GLASS IND. CORP. (Taiwan), Auburn Manufacturing, Inc. (US), SAERTEX GmbH & Co. KG (Germany), BGF Industries (US), PORCHER INDUSTRIES (France), Fothergill Engineered Fabrics Ltd (England), Mid-Mountain Materials Inc. (US), Central Glass Co., Ltd. (Japan), Nitto Boseki Co., Ltd. (Japan), RNG Performance Material, India (India), and Hexcel Corporation (US).
and among others.
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