#E Glass Fiber Yarn Market Growth

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"The market value and growth rate of the E-Glass Fiber Yarn and Roving industry are thoroughly exami

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Worldwide E Glass Fiber Yarn Market industry size, share, development, growth, key players and demand forecast to 2026

Worldwide E Glass Fiber Yarn Market industry size, share, development, growth, key players and demand forecast to 2026

In-depth research report on E Glass Fiber Yarn Market added by Market Desk provides imprehensive and all aspects of market research. The market insights of E Glass Fiber Yarn market report helps with the successful Development of new product.The E Glass Fiber Yarn Market report effectively accumulates, analyzes and explain data about a market, about an product or service to be offered available…

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Global E Glass Fiber Yarn Market 2019 | Manufacturers In-Depth Analysis Report to 2024

The latest trending report Global E Glass Fiber Yarn Market 2019-2024 added by DecisionDatabases.com

Glass fibers are the materials consisting of extremely fine glass fibers, used in making various products, such as yarns, fabrics, insulators, and structural objects or parts. It is also called spun glass. Glass fiber yarn is a long continuous length of interlocked glass fiber.

The worldwide market for E Glass Fiber Yarn is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019.

This report focuses on the E Glass Fiber Yarn in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/22106-e-glass-fiber-yarn-market-analysis-report

Market Segment by Manufacturers, this report covers

 Owens Corning

 Jushi Group

 PPG Industries

 CPIC

 Taishan Fiberglass (Sinoma)

 Advanced Glassfiber Yarns

 Binani-3B

 Johns Mansville

 Nippon Electric Glass

 Nittobo

 Saint-Gobain Vetrotex

 Taiwan Glass Group

 Valmiera Glass Group

 Sichuan Weibo New Material Group

Market Segment by Regions, regional analysis covers

 North America (United States, Canada and     Mexico)

 Europe (Germany, France, UK, Russia and     Italy)

 Asia-Pacific (China, Japan, Korea, India     and Southeast Asia)

 South America (Brazil, Argentina,     Colombia etc.)

 Middle East and Africa (Saudi Arabia,     UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

 Fiber Yarn

 Fiber Roving

Market Segment by Applications, can be divided into

 Electro & Electronics

 Transport

 Construction

 Sport & Leisure

 Others

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The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe E Glass Fiber Yarn product scope, market overview, market opportunities, market driving force and market risks. Chapter 2, to profile the top manufacturers of E Glass Fiber Yarn, with price, sales, revenue and global market share of E Glass Fiber Yarn in 2017 and 2018. Chapter 3, the E Glass Fiber Yarn competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the E Glass Fiber Yarn breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019. Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019. Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019. Chapter 12, E Glass Fiber Yarn market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024. Chapter 13, 14 and 15, to describe E Glass Fiber Yarn sales channel, distributors, customers, research findings and conclusion, appendix and data source.

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Other Reports by DecisionDatabases.com:

Global Cotton Yarn Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 @ https://www.decisiondatabases.com/ip/15219-cotton-yarn-market-analysis-report

Global Worsted Yarn Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023 @ https://www.decisiondatabases.com/ip/16974-worsted-yarn-market-analysis-report

About-Us: DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.

Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise and meaningful data at a lightning speed.

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E Glass Fiber Yarn Market Global Outlook, Size, Share & Demand Forecast To 2025

E Glass Fiber Yarn Market Global Outlook, Size, Share & Demand Forecast To 2025

Global E Glass Fiber Yarn Marketresearch report 2018 forecast to 2023 delivers in-depth market size, share, growth, trend, demand, top player, industry overview, opportunities, value cycle, end-users, technology, types and application. It also includes the study of historical data, scope, sales, statistical analysis, future roadmap, rigorous data, development trends and completed SWOT analysis by…

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Metal Fiber Market Size-Share 2021, Analysis by Manufacturers, Competitive Landscape, Future Growth, Strategy and Forecast to 2027

The global metal fiber market is set to gain momentum from its surging usage in various aircraft as a sound attenuation element. Nowadays, the increasing population in cities is, in turn, raising the volume of air traffic. Hence, the demand for silent aircraft is increasing to lower noise pollution and to control air traffic. Fortune Business Insights™ published this information in a new report, titled, “Metal Fiber Market Size, Share & COVID-19 Impact Analysis, By Product (Steel, Nickel, Copper, Aluminum, and Others), By Technology (Bundle Drawing, Foil Shaving, Machining, And Melt Spinning), By Application (ESD/EMI Protection, Filtration, Hot Glass Manipulation, Electrical Cables, Specialties, and Others), By End-Use (Textile, Automotive, Aerospace, Power & Electronics, and Others), and Regional Forecast, 2020-2027.” The report further states that the metal fiber market size was USD 4,701.0 million in 2019 and is projected to reach USD 6,561.6 million by 2027, exhibiting a CAGR of 4.5% during the forecast period.

Drivers & Restraints-

High Demand for Conductive Textile to Accelerate Growth

The demand for metal fiber is high from the textile industry worldwide. This is because of the recent trend of wearing smart textiles or e-textiles. Also, biomedical clothing contains electrodes made of conductive yarns. Besides, antistatic or conductive textiles are used extensively in a wide range of applications, such as military, electronic devices, home textiles, and optical & pharmaceutical industries.

However, the development of innovative metal fiber production technology requires the assistance of various fields, namely, pressure handling, powder metallurgy, porous materials, and non-woven manufacturing. Manufacturers sometimes are unable to keep up with the requirements. This factor may hamper the metal fiber market growth in the coming years.

Regional Analysis-

Asia Pacific to Remain at Forefront Backed by High Demand from India & China

Asia Pacific dominated the market in 2019 and is likely to remain in its position in the near future. This growth is attributable to the high demand for these fibers from India and China. Also, India would showcase a considerable demand from the textile and automotive industries. In 2019, North America procured USD 629.9 million in terms of revenue. The increasing usage of textiles, such as protective clothing, upholstery fabrics, and carpets is set to surge the demand for metal fiber in this region.

Competitive Landscape-

Key Players Focus on Expanding Production to Attract More Customers

The market is highly fragmented. Most of the companies are adopting strategies, such as investments, acquisitions, research & development activities, and innovation to strengthen their positions. Some of the others are broadening their production processes and shifting their facilities to bigger locations for attracting more customers. Below is a recent industry development:

Browse Link:

https://www.fortunebusinessinsights.com/metal-fiber-market-103888

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Fiberglass Market | Global Industry Report, 2027

Global Fiberglass Market: Highlights

Fiberglass is the fiber made in different forms using molten glass as the raw material. Several glasses are introduced into the furnace to obtain fiberglass based on the end-application. These glasses include E-glass S-glass, ECR glass, C-glass and others.

The fiberglass market is projected to grow at a CAGR of more than 4.5% from 2019 to 2027. Growth in lightweight vehicles coupled with upcoming wind energy projects in Asia Pacific market is likely to boost fiberglass market by 2027.

The different forms of fiberglass are strands, rovings, yarn, mats, and fabric. Filament comes out of the bushing as the first product. These filaments are combined together to form either strands or yarn. These strands are pulled by the winders and wound into rovings which is used to make mats. The mats are also produced from strands.

Global Fiberglass Market: Key Trends and Segments

Fiberglass is a material with high strength, fatigue resistance, and stiffness. Therefore, it is utilized to manufacture blades for offshore and onshore wind turbines. The consumption of fiberglass in wind blade manufacturing has increased significantly due to technological advancements. Rising demand for wind energy is anticipated to drive the fiberglass market. Companies are signing long-term agreements in order to tap the market.

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Increasing demand for fiberglass from the automotive industry offers a lucrative opportunity to manufacturers of fiberglass that is employed in various vehicle components such as interiors, exteriors, chassis, and structural components. This trend is likely to continue during the forecast period.

Availability of carbon fiber, due to its rigidity and lightweight properties, is a prominent challenge faced by the global fiberglass industry. Further, presence of numerous players from China supplying fiberglass at lower prices is creating a tough competition in the global fiberglass industry

Different technologies used to process fiberglass include pultrusion, layup, compression molding, resin transfer molding, filament winding, injection molding and others. Layup and resin infusion technology dominated the global fiberglass market in 2018 in terms of technology with a share of more than 40%. The layup process is an extensively used technique for manufacturing composites.

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It involves impregnation of dry reinforcement with a low viscosity thermosetting resin with hand lamination, which can also be achieved by means of several other automated techniques. Resin transfer molding and vacuum assisted resin transfer molding are being readily adopted as low-cost methods for manufacturing fiberglass products.

Automotive and construction sectors are the major applications that accounted for more than 40% in 2016 owing to the increasing demand for low-weight vehicles capable of reducing pollution.

Global Fiberglass Market: Regional Highlights

Middle East offers an interesting platform for the consumption of fiberglass due to the region’s increasing focus on construction industry in order to deviate from the decreasing revenue generation from oil production. This region also houses fiberglass production factories of leading players such as Jushi Fiberglass, Busubait Group, Gulf Fiberglass Factory, etc.

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Expansion of the automotive industry is driving the fiberglass market in Europe. Companies such as U.K.-based Cristex Composite Materials and Poland-based Fiberglass Fabrics are only into supplying fabrics to end-use industries. These companies do not have in-house fiberglass production. They rely on buying rovings from fiberglass manufacturers in order to produce fabric.

North America accounted for more than 30% share in global fiberglass market in 2018. S glass and E glass are the major focus segments in terms of glass type in North America. Owens Corning and Johns Manville are key manufacturers of fiberglass in North America.

Key Developments in Global Fiberglass Market

In February 2020, Moi Composite presented MAMBO (Motor Additive Manufacturing Boat), a  fiberglass 3D printed boat collaborating with industrial partners: Autodesk (provided the tools for the realization of the three-dimensional drawing of the hull), Catmarine (transformed the various sections produced digitally into a finished boat), Micad (engineered comples structures) , Owens Corning (supplied the glass reinforcements fibers) , Osculati (provided accessories capable of adapting to the curves and design of the entire hull) and UCINA in order to overcome customized design and performance limits of conventional manufacturing and 3D printing for strong, lightweight and durable composite products.

More Trending Reports by Transparency Market Research –

https://www.globenewswire.com/news-release/2022/03/02/2395064/0/en/Recycled-Glass-Market-to-Develop-at-a-CAGR-of-6-7-During-Forecast-Period-Notes-TMR-Study.html

In June 2018, Owens Corning entered into a Strategic Cooperation and Supply Agreement with Chongqing Polycomp International Corp. (CPIC) for joint investment in technology, and construction and operation by CPIC of a new facility dedicated to the manufacture of high-modulus glass fiber products in China.

In April 2018, Owens Corning entered into technology licensing and manufacturing supply agreements with Taiwan Glass Ind. Corp., based in Taiwan.

In December 2017, Taishan Fiberglass announced its plan to invest US$ 76.28 Mn in its project which is anticipated to produce 5 kilo tons of ultra-fine electronic yarn glass fiber. This is expected to increase the company’s fiberglass capacity to 705 kilo tons, helping it to compete in the tough market in China, which is generating revenue by exporting products to the western countries.

Global Fiberglass Market: Competition Landscape

Major companies manufacturing fiberglass include Owens Corning, Jushi Group Co., Ltd., Taishan Fiberglass Inc., Johns Manville, Chongqing Polycomp International Corp., Xingtai Jinniu Fiberglass Co., Ltd., Shandong Fiberglass Group Co., Ltd., Glasstex Fiberglass Materials Corp., etc. among others.

A majority of global manufacturers of fiberglass have forward integrated operations. Numerous fiberglass manufacturers are opting for strategic alliances with OEMs for market penetration.

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Purified Terephthalic Acid Market Share, Growth, Opportunity

A recent study by the strategic consulting and market research firm; BlueWeave Consulting revealed that the Global Purified Terephthalic Acid Market was worth USD 54.8 billion in 2021 and is projected to reach USD 78.1 billion by the year 2028, growing at a CAGR of 5.6% over the analysis period of 2022-2028. The expansion in the purified terephthalic acid market is primarily attributed to the increment in demand for purified terephthalic acid (PTA) in packaging as well as textile industries coupled with the ongoing trend towards urbanization and industrialization. Moreover, the improved lifestyle of consumers in the Asia-Pacific is also a significant factor driving the growth of the global terephthalic acid market during the forecast period 2022-2028.  

Extensive Application Of Purified Terephthalic Acid Across Various Sectors Driving The Global Market Growth

Purified Terephthalic Acid is the basic raw material for a variety of products like polyesters, including fibers, yarns, films, polyethylene terephthalate, polybutylene terephthalate, plasticizers, etc. thus, it finds a wide range of applications across multiple sectors, especially in the packaging industries, including food and beverage packaging, pharmaceuticals packaging, etc. Moreover, the affordability, flexibility, and versatility of polyester fibers make them a preferred choice for the textile industry. The bottles industries are also considering replacing the glass alcohol bottles with polyethylene phthalate (PET) bottles, thus embarking the way for the growth of the purified terephthalic acid market. Furthermore, the large-scale mushrooming of crude oil refining across the world with paraxylene as an end product is likely to be a significant growth driver of the purified terephthalic acid market through the forecast period.

Packaging Industry To Grow At A Higher Growth Rate During The Forecast Period

With the growing urbanization, industrialization, rising disposable income, changes in the lifestyles of people in the Asia-Pacific region, there has been an augmentation in the expenditure on food and beverages, apparel, pharmaceuticals, alcohol, and others, in countries like India, China, Japan, etc. Furthermore, the surging sales of apparel, via e-commerce platforms contribute towards the demand for packaging as well as textile materials. This has resulted in the expansion of end-use markets, like packaging, bottling, fiber & yarn, and others. Thus, global purified terephthalic acid is anticipated to exhibit a higher growth rate in the market during the forecast period 2022-2028.

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Impact Of COVID-19 On The Global Purified Terephthalic Acid Market            

As a result of the COVID-19 pandemic, the world witnessed one of the worst recessions since WW2. The global purified terephthalic acid market has also been brutally impacted by the emergence of the COVID-19 pandemic. The lockdowns in major countries of the world brought the import and export of textiles to a halt. Thus significantly bringing down the demand for textiles throughout the world. Numerous industries curbed or reduced their production. Moreover, the majority of the industries dependent on China for raw materials experienced supply chain disruptions while the country lay grappled by the COVID-19 pandemic. But on the other hand, the global health crisis had some positive impacts on the PTA market as well. PTA found immense application in the production of personal protection (PPE) kits that were mandatory for the health care front line workers while treating patients in order to safeguard themselves from infection. India alone produced about 2 lakh PPE kits on an average in over 3600 manufacturing units.

The Asia-Pacific Region Is Expected To Grow with The Highest CAGR In The Global Purified Terephthalic Acid Market.

In terms of regional analysis, the global purified terephthalic acid market has been classified into North America, Europe, The Asia Pacific, Latin America, and the Middle East and Africa. Amidst the segmentation, the Asia-Pacific region is expected to be the largest growing market in the global purified terephthalic acid market owing to the largest consumer of polyester fiber and yarn. China is the largest exporter as well as manufacturer of purified terephthalic acid in the world. The rise in demand for polyester fiber and yarn in the textile industry and the growing consumption of PET bottles are anticipated to propel the growth of the purified terephthalic acid (PTA) market in the region. The APAC is followed by North America and Europe respectively. This is due to the high polyester fiber consumption potential of North America which can be attributed to the growing increasing usage of industrial machinery, swelling paints & coatings production capacities, and an intensifying economic growth rate.

Competitive Landscape

The global purified terephthalic market is a highly fragmented market. The key players of the market account for about a little over one-third of the global revenue. The purified terephthalic acid market is highly competitive, with all the players continually competing to gain a larger market share. The key players operating in the global purified terephthalic acid market are British Petroleum, Reliance Industries, Sinopec, Indorama Ventures Public Company, SABIC, Eastman Chemical, India Oil, Lotte Chemical, Mitsubishi Chemical, Petkim Petrokimya Holding, JBF Petrochemicals, MCPI, Jiaxing Petrochemical, China Prosperity (Jiangyin), Petrochemical, Hanwha General Chemical, Hengli Petrochemical, DuPont, Formosa Plastics Chemicals, and other prominent players. The players maintain their dominance in the market by enhancing their production capabilities, research, and development activities, and launching improved products for the customers. Different strategies are adopted like engaging in strategic alliances, agreements, mergers, and collaborations. For instance- the recent merger of Sinopec with SIBUR Holding in order to invest in Amur GCC.

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Fiberglass Market Applications, Trends, Growth Factors and Key Opportunities Forecast 2025

The report "Fiberglass Market by Glass Type (E-Glass, ECR-Glass, H-Glass, AR-Glass, S-Glass), Resin Type, Product Type (Glass Wool, Direct and Assembled Roving, Yarn, Chopped Strand), Application (Composites, Insulation), and Region - Global Forecast To 2025",  The global fiberglass market is projected to grow from USD 11.5 billion in 2020 to USD 14.3 billion by 2025, at a CAGR of 4.5% from 2020 to 2025. Factors such as extensive use of fiberglass in the construction & infrastructure industry and the increased use of fiberglass composites in the automotive industry are driving the growth of fiberglass market.

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Browse 493 Market Data Tables and 33 Figures spread through 344 Pages and in-depth TOC on "Fiberglass Market”

The glass wool fiberglass segment is projected to lead the fiberglass market in terms of both value and volume during  the forecast period.

Based on product type, the glass wool fiberglass segment is estimated to account for the largest share of the fiberglass market in 2020. The glass wool segment is projected to lead the market in terms of both value and volume during the forecast period. However, towards the end of the period of 220-2025, the direct and assembled roving is projected to lead the global fiberglass market. . The rising demand for direct and assembled roving from the construction, infrastructure, and wind energy sectors is expected to drive this segment during the forecast period.

The growth of glass wool segment can be attributed to the high thermal insulation properties and the increased usage of glass wool in the construction & infrastructure end-use industry. 

The composites application segment is projected to lead the fiberglass market in terms of both value and volume during the forecast period.

Based on application, the composites application segment is projected to lead the fiberglass market during the forecast period in terms of both, value and volume. The growth of this segment can be attributed to the demand from wind turbine blade manufacturers.

The fiberglass market in Asia Pacific is projected to grow at the highest CAGR in terms of both, value and volume during the forecast period.

The fiberglass market in Asia Pacific is projected to grow at the highest CAGR in terms of both, value and volume from 2020 to 2025. China, India, and Japan are key countries contributing to the increased demand for fiberglass in this region. Factors such as increasing construction and industrial activities in the Asia Pacific region have increased the demand for fiberglass in this region. The growth of the automotive industry is driving the fiberglass market in this region.

China Jushi Co., Ltd.  (China), Owens Corning (US), Nippon Electric Glass Co., Ltd. (Japan), Taishan Fiberglass Inc. (CTG) (China), Chongqing Polycomp International Corp. (CPIC), (China), Johns Manville Corp. (US), Binani 3B-the Fibreglass Company (Belgium), Taiwan Glass Ind. Corp. (Taiwan), PFG Fiber Glass (Kunshan) Co. Ltd. (China), Asahi Fiberglass Co. Ltd., (Japan), Knauf Insulation (Belgium), Saint-Gobain Vetrotex (US), CertainTeed Corporation (US), Saint-Gobain ADFORS (US), and AGY Holding Corp. (US),  are the key players in fiberglass market.

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Global Glass Microfiber Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2021-2027

Glass fibers are the materials consisting of extremely fine glass fibers, used in making various products, such as yarns, fabrics, insulators, and structural objects or parts. It is also called spun glass.

Global Glass Microfiber key players include Johns Manville, Unifrax, Hollingsworth and Vose, etc. Global top three manufacturers hold a share over 30%.

United States is the largest market, with a share about 35%, followed by China, and Europe, both have a share about 55 percent.

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In terms of product, B-Glass is the largest segment, with a share nearly 45%. And in terms of application, the largest application is Filter Paper, followed by Heat Preservation Materials, Battery, etc.

Market Analysis and Insights: Global Glass Microfiber Market

In 2020, the global Glass Microfiber market size was US$ 574 million and it is expected to reach US$ 752.9 million by the end of 2027, with a CAGR of 4.0% during 2021-2027.

Global Glass Microfiber Scope and Market Size

Glass Microfiber market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Glass Microfiber market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Glass Microfiber market is segmented into

A-Glass

B-Glass

C-Glass

E-Glass

Segment by Application, the Glass Microfiber market is segmented into

Filter Paper

Battery

Heat Preservation Materials

Others

Regional and Country-level Analysis:

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Rest of Asia-Pacific

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Rest of Europe

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Competitive Landscape and Glass Microfiber Market Share Analysis

Glass Microfiber market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Glass Microfiber product introduction, recent developments, Glass Microfiber sales by region, type, application and by sales channel.

The major companies include:

Johns Manville

Unifrax

Hollingsworth and Vose

Lydall

Taishan Fiberglass (Sinoma)

Ahlstrom

Zisun

Anhui Jiyao Glass Microfiber

Prat Dumas

Porex

OUTLOOK

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Table of content

1 Study Coverage 1.1 Glass Microfiber Product Introduction 1.2 Market by Type 1.2.1 Global Glass Microfiber Market Size Growth Rate by Type 1.2.2 A-Glass 1.2.3 B-Glass 1.2.4 C-Glass 1.2.5 E-Glass 1.3 Market by Application 1.3.1 Global Glass Microfiber Market Size Growth Rate by Application 1.3.2 Filter Paper 1.3.3 Battery 1.3.4 Heat Preservation Materials 1.3.5 Others 1.4 Study Objectives 1.5 Years Considered 2 Executive Summary 2.1 Global Glass Microfiber Market Size Estimates and Forecasts 2.1.1 Global Glass Microfiber Revenue 2016-2027 2.1.2 Global Glass Microfiber Sales 2016-2027 2.2 Glass Microfiber Market Size by Region: 2021 Versus 2027 2.3 Glass Microfiber Sales by Region (2016-2027) 2.3.1 Global Glass Microfiber Sales by Region: 2016-2021 2.3.2 Global Glass Microfiber Sales Forecast by Region (2022-2027) 2.3.3 Global Glass Microfiber Sales Market Share by Region (2016-2027) 2.4 Glass Microfiber Market Estimates and Projections by Region (2022-2027) 2.4.1 Global Glass Microfiber Revenue by Region: 2016-2021 2.4.2 Global Glass Microfiber Revenue Forecast by Region (2022-2027) 2.4.3 Global Glass Microfiber Revenue Market Share by Region (2016-2027) 3 Global Glass Microfiber by Manufacturers 3.1 Global Top Glass Microfiber Manufacturers by Sales 3.

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United States Fiberglass Market to Grow at a CAGR of 4.85 % until 2026

Growing construction & infrastructure Industry is expected to drive the growth of the United States Fiberglass Market.

According to TechSci Research report, “United States Fiberglass Market, By Type (Glass Wool, Direct & Assembled Roving, Chopped Strand, Yarn and Others), By Glass Fiber Type (E Glass, S Glass, C Glass, A Glass, R Glass, AR Glass, Others), By Resin (Thermoset Resins and Thermoplastic Resins), By Application (Composites and Glass Wool Insulation), By End User Industry (Construction & Infrastructure, Automotive, Wind Energy, Electronics, Aerospace & Defense, Others), By Top 10 States, Competition, Forecast & Opportunities, 2016-2026F”, the United States Fiberglass Market is forecast to grow at a rate of 4.85% to reach USD3105.63 million by 2026. Growth in the market can be attributed to the growing construction & infrastructure industry. The United States Fiberglass Market has been primarily influenced by increasing expenditure on interior decoration, rising renovation activities and frequent changes in fiberglass fabric to complement the decor. The rising automotive industry is also accelerating the demand for fiberglass across the United States as it is used in manufacturing of light-weight vehicles due to its higher strength-to-weight ratio. All these factors have resulted in a positive impact on the United States Fiberglass Market.

Browse 66 Figures spread through 224 Pages and an in-depth TOC on" United States Fiberglass Market "

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The United States Fiberglass Market is segmented based on type, glass fiber type, resin, application, and end user industry, by top 10 states, by company. In terms of the type, the market can be segregated into Glass Wool, Direct & Assembled Roving, Chopped Strand, Yarn and Others. Out of these, the glass wool segment registered a dominant market share in 2020. The increasing use of glass wool in thermal and electrical insulation applications in the building and infrastructure sector will drive the sales of glass wool in the forecast period. Another usage of glass wool is in the attic of the building to maintain the temperature inside the building. This is further anticipated to boost the market of glass wool in the United States Fiberglass Market.

Based on Glass Fiber Type, the market is segmented into E Glass, S Glass, C Glass, A Glass, R Glass, AR Glass, Others. The E Glass segment dominated the United States Fiberglass Market in 2020 as products made of E-Glass are particularly resistant to abrasion and vibration and have excellent flexibility. Moreover, E-glass fiber is widely used in aerospace applications pertaining to its dimensional stability and temperature resistance.

In terms of application, the market is segmented into Composites and Glass Wool Insulation. Composites dominated the United States Fiberglass Market in 2020 owing to the growing use of composites in a wide array of end-use industries. Fiberglass composites are extensively used as a substitute for aluminum and steel in the manufacturing of lightweight vehicles in the automotive industry, which is expected to further improve its sale across the United States.

Owens Corning, Johns Manville Corporation, Saint Gobain North America, CertainTeed Corporation, AGY Holding Corp., PPG Industries, Inc., Jushi USA Corporation, Knauf Insulation, American Fiberglass Corporation, Quietflex Manufacturing Co., L.P. etc. are among the leading players operating in the United States Fiberglass Market. Companies operating in the market are using organic strategies, partnerships and collaborations to boost their shares in the United States Fiberglass Market. Significant players in the market are concentrating on accomplishing ideal operational expenses, upgrading the system efficiency, enhancing precision in responses, boosting productivity with high funding in R&D, and merging with small players to support the competitive United States Fiberglass Market.

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“The desirable characteristics of fiberglass such as water proofing, corrosion resistance, non-conductivity and radio frequency transparency are expected to create profitable opportunities for the growth of the United States Fiberglass Market. Moreover, the use of fiberglass contributes to green design of a building as its use in HVAC systems helps in the reduction of air conditioning and heating costs. Also, they are recyclable and cause less damage to the environment. Therefore, the increasing infrastructure and development activities are expected to boost the growth of the United States Fiberglass Market.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“United States Fiberglass Market, By Type (Glass Wool, Direct & Assembled Roving, Chopped Strand, Yarn and Others), By Glass Fiber Type (E Glass, S Glass, C Glass, A Glass, R Glass, AR Glass, Others), By Resin (Thermoset Resins and Thermoplastic Resins), By Application (Composites and Glass Wool Insulation), By End User Industry (Construction & Infrastructure, Automotive, Wind Energy, Electronics, Aerospace & Defense, Others), By Top 10 States, Competition, Forecast & Opportunities, 2016-2026F” has evaluated the future growth potential of  Fiber Glass in the United States Market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in United States Fiberglass Market.”

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