Fiberglass Fabric Market Overview
The global Fiberglass Fabric Market size was standing at USD 10.20 Billion in 2023 and is estimated to stand at USD 20.69 Billion by 2030, registering a CAGR of 7.1% from 2023 to 2030.
The demand for fiberglass fabric in the global market has been expanding as a result of the necessity to provide seamless improvements in a variety of end-use industries. Fiberglass has unusual chemical and physical qualities, which has contributed to its appeal. Furthermore, the vast range of industries that use fiberglass fabric for a variety of applications has aided in the market's expansion. The use of fiberglass cloth in the production of lightweight industrial materials has opened up new business opportunities.
In addition, the necessity for better industrial process control has propelled demand in the global fiberglass fabric market. In recent years, the lightweight of fiberglass fabric has played a significant influence in the expansion of the global market for fiberglass fabric. Other features that have made fiberglass fabric popular around the world are corrosion resistance and thermal insulation. It's worth noting that the market for fiberglass fabric has been there for decades and continues to be in high demand. Because of the aforementioned facts, it is possible to predict that the global fiberglass fabric market will generate massive profits in the coming years.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Fabric Type, Application, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Colan Australia, Atlanta Fiberglass, and Amatex Corporation. |
Covid-19 Impact on Fiberglass Fabric Market
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
Fiberglass Fabric Market Segment Overview
According to Application, Construction is the most prominent segment in the global Fiberglass Fabric Market. Moreover, Electrical & Electronics is another main segment in the global market. The global market for fiberglass fabric has been growing as a result of developments in a number of important end-use industries. In recent years, the construction industry has emerged as the most active user of fiberglass fabric, which has boosted market expansion. Over the last decade, several new development projects have begun in economically successful regions. In addition, over the last few years, the electrical and electronics industry has seen a large inflow of revenue. Because fiberglass fabric is such an important component in the production of electronic products, demand for it is likely to skyrocket.
Fiberglass Fabric Market, By Fabric Type
· Woven
· Non-woven
Fiberglass Fabric Market, By Application
· Wind Energy
· Transportation
· Electrical & Electronics
· Marine
· Construction
· Aerospace & Defense
· Others
Fiberglass Fabric Market Regional Overview
In terms of geography, the global Fiberglass Fabric market is classified into North America, Europe, Asia Pacific, South America, Middle East & Africa. North America's fiberglass fabric market has outperformed all other geographical divisions in terms of growth potential. This is due to the booming construction industry in both Canada and the United States. Furthermore, due to improvements in the industrial sector in China and India, the market for fiberglass fabric in the Asia Pacific is growing at a breakneck speed.
Fiberglass Fabric Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Fiberglass Fabric Market, Key Players
· Colan Australia
· Atlanta Fiberglass
· Amatex Corporation
· Fabric Type, Application
. Hangzhou Mingda Glass Finbre Co. Ltd
. Xiangyang Huierjie Glassfibre
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Fiberglass Fabric market?
The demand for fiberglass fabric in the global market has been expanding as a result of the necessity to provide seamless improvements in a variety of end-use industries.
Q2. Which Segments are covered in the global Fiberglass Fabric market report?
Fabric Type, Application, and Region. these segments are covered in the global Fiberglass Fabric market report.
Q3. Which segment is projected to hold the largest share in the global Fiberglass Fabric market?
The construction segment is projected to hold the largest share in the global Fiberglass Fabric market.
Q4. Which region holds the largest share in the global Fiberglass Fabric market?
North America holds the largest share in the global Fiberglass Fabric market
Q5. Which are the prominent players in the global Fiberglass Fabric market?
Colan Australia, Atlanta Fiberglass, and Amatex Corporation. are some key players in the global Fiberglass Fabric market
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Fiberglass Fabric Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Fabric Type
- 5.2.1. Woven
- 5.2.2. Non-woven
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. Wind Energy
- 5.3.2. Transportation
- 5.3.3. Electrical & Electronics
- 5.3.4. Marine
- 5.3.5. Construction
- 5.3.6. Aerospace & Defense
- 5.3.7. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Fiberglass Fabric Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Fabric Type
- 6.2.1. Woven
- 6.2.2. Non-woven
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. Wind Energy
- 6.3.2. Transportation
- 6.3.3. Electrical & Electronics
- 6.3.4. Marine
- 6.3.5. Construction
- 6.3.6. Aerospace & Defense
- 6.3.7. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Fiberglass Fabric Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Fabric Type
- 7.2.1. Woven
- 7.2.2. Non-woven
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. Wind Energy
- 7.3.2. Transportation
- 7.3.3. Electrical & Electronics
- 7.3.4. Marine
- 7.3.5. Construction
- 7.3.6. Aerospace & Defense
- 7.3.7. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Fiberglass Fabric Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Fabric Type
- 8.2.1. Woven
- 8.2.2. Non-woven
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. Wind Energy
- 8.3.2. Transportation
- 8.3.3. Electrical & Electronics
- 8.3.4. Marine
- 8.3.5. Construction
- 8.3.6. Aerospace & Defense
- 8.3.7. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Fiberglass Fabric Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Fabric Type
- 9.2.1. Woven
- 9.2.2. Non-woven
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. Wind Energy
- 9.3.2. Transportation
- 9.3.3. Electrical & Electronics
- 9.3.4. Marine
- 9.3.5. Construction
- 9.3.6. Aerospace & Defense
- 9.3.7. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Colan Australia
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Atlanta Fiberglass
- 10.6. Amatex Corporation
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
