The Global Fiberglass Market Report 2023 gives the technical and financial data of the market for the present and the foreseeable future. This report is one of the most thorough and significant additions to the Astute Analytica market research archive. It provides a thorough investigation and analysis of important facets of the world market. The supply and demand scenario, pricing set-up, profit margins, production, and market analysis are all examined in this study as major driving forces behind the worldwide Fiberglass Market expansion.

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The report incorporates both qualitative and quantitative evaluations from subject-matter experts and representatives across various industries along the supply chain .The global fiberglass market is expected to experience significant revenue growth, with projections indicating a rise from US$ 14,091.7 Mn in 2022 to US$ 23,217.3 Mn by 2031. This growth is forecasted to occur at a Compound Annual Growth Rate (CAGR) of 5.6% during the period from 2023 to 2031.

The report gives a thorough analysis of the global Fiberglass Market, covering regional trends, market size, prospects for expansion, and important market factors in each region. In 2021, the United States Gross Domestic Product (GDP) value was US$ 23,315.08 billion, according to verified data from the World Bank. In terms of GDP, the United States accounts for 10.41% of the global economy. The mixed economy of the United States is very advanced. By nominal GDP, it has the largest economy in the world, and by purchasing power parity (PPP), it is second only to China in size.

The leading companies mentioned are

• AGY Holding Corp.
• Asahi Fiberglass Co. Ltd.
• Binani 3B-the Fibergalss Company
• CertainTeed Corporation
• China Jushi Co. Ltd.
• Chongqing Polycomp International Corp. (CPIC)
• Johns Manville Corp.
• Jushi Co. Ltd.
• Knauf Insulation
• Nippon Electric Glass Co. Ltd.
• Owens Corning
• PFG Fiber Glass Co. Ltd.
• Saint-Gobin Vetrotex
• Taisan Fibergalss Inc.
• Taiwan Glass Ind. Corp.
• Other Prominent Players

The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries. The observations on the pandemic’s impact are included in the report.

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Furthermore, the report divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.

The segmentation overview of the global Fiberglass Market includes

By Type:

• A- Glass Fiber
• C- Glass Fiber
• D- Glass Fiber
• E- Glass Fiber
• Advantex Glass Fiber
• ECR Glass Fiber
• AR Glass Fiber
• R- Glass Fiber
• S2 Glass Fiber
• M- Glass Fiber
• Z- Glass Fiber

By Form:

• Tow
• Veil mats
• Woven fabrics
• Chopped strand mat
• Tape
• Rope
• Cloth
• Others

By Manufacturing Process:

• Continuous Filament
• Staple Filament

By Resin:

• Polyester
• Vinyl esters
• Epoxy
• Polyurethanes
• Others

By Industry:

• Aircraft and Aerospace
• Construction Industry
• Consumer Goods
• Corrosion Resistant Equipment
• Electrical devices
• Marine Industry
• Automobile Industry

By Region:

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Italy
  • Spain
  • Poland
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • ASEAN
  • Australia & New Zealand
  • Rest of Asia Pacific
• Middle East & Africa (MEA)
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA
• South America
  • Argentina
  • Brazil
  • Rest of Latin America

Overall, Astute Analytica’s report on the global Fiberglass market appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.

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