Fiberglass Fabric Market Trends, Size, Competitive Analysis and Forecast 2020-2027

 The global fiberglass fabric market is anticipated to grow at a CAGR of 6.7% during the forecast period (2021-2027). The application of fiberglass fabrics is increasing in wind energy and electric & electronic sectors which, in turn, drives the growth of the market. Fiberglass fabric comes with unique properties which makes them highly demanded in various industries including aerospace, defense, transportation, electrical, and construction. The increase in mergers & acquisitions among key market players for the supply of raw materials and production of fiberglass fabric materials for energy generation from renewable energy sources is another prime factor encouraging the growth of the market. For instance, in November 2020, Owens Corning completed the acquisition of Saint-Gobain's Reinforcements and Composite Fabrics businesses for $640 million. The acquisition accelerates Owens Corning's global growth strategy and strengthens its position as a market leader in glass reinforcements and composites. The acquisition was comprised of 20 plants and more than 4,500 employees across the globe. Besides, the acquisition of the Saint-Gobain Fabrics business gives Owens Corning a market-leading position in the high-growth fabrics industry.

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Moreover, in September 2019, Saertex GmbH & Co. KG, the manufacturer of technical textiles had acquired 100% shares of TK Industries GmbH. TK Industries is a medium-sized fabric manufacturer of carbon fiber with the latest multiaxial production technology. Through this acquisition, Saertex GmbH & Co. has expanded its product range in heavy-tow carbon fiber multiaxial fabrics. Considering these mergers and acquisitions among market players, considerable growth can be expected in the global fiberglass fabric market. Besides, these growth factors, lack of awareness among people regarding benefits or uses of fiberglass fabric, and high cost of production projected to hinder the market growth.

Market Coverage

·         The market number available for – 2020-2027

·         Base year- 2020

·         Forecast period- 2021-2027

Segment Covered- 

·         By Fabric Type

·         By Fiber Type

·         By Application

Regions Covered-

·         North America

·         Europe

·         Asia-Pacific

·         Rest of the World

·         Competitive Landscape- Owens Corning, SAERTEX GmbH & Co.KG, Zhenshi Holding Group Co., Ltd, Taiwan Electric Insulator Co., Ltd, Tah Tong Textile Co., Ltd., Gurit Holding AG, Hexcel Corp., BGF Industries, Inc., Fothergill Group, among Others.

Key questions addressed by the report:

·         What is the market growth rate?

·         Which segment and region dominate the market in the base year?

·         Which segment and region will project the fastest growth in the market?

·         How COVID-19 impacted the market?

·         Deviation from the pre-COVID-19 forecast

·         Most affected region and segment

·         Who is the leader in the market?

·         How are players addressing challenges to sustain growth?

·         Where is the investment opportunity?

(Get 15% Discount on Buying this Report)

A full Report of Fiberglass Fabric Market is Available at:  https://www.omrglobal.com/industry-reports/fiberglass-fabric-market

Global Synthetic Diamond Market Report Segment

By Fabric Type

·         Woven

·         Non-Woven

By Fiber Type

·         E-Glass

·         S-Glass

·         Others (A-Glass, C-Glass, D-Glass)

By Application

·         Construction 

·         Wind Energy

·         Electrical & Electronics

·         Transportation

·         Aerospace & Defense

·         Others (Marine)

Global Fiberglass Fabric Market Report Segment by Region

North America

·         United States

·         Canada

Europe

·         UK

·         Germany

·         Spain

·         France

·         Italy

·         Rest of Europe

Asia-Pacific

·                     India

·                     China

·                     Japan

·                     South Korea

·                     Rest of APAC

Rest of The World

·                     Latin America 

·                     Middle East & Africa

Company Profiles 

·                     Amatex Corp. (Davlyn Group)

·                     Asahi Kasei Corp.

·                     Auburn Manufacturing, Inc.,

·                     BGF Industries, Inc.

·                     Central Glass Co., Ltd.

·                     Chomarat Group

·                     China Jushi Co., Ltd.

·                     Fothergill Group

·                     Fulltech Fiber Glass Corp.

·                     Gurit Holding AG

·                     Hexcel Corp.

·                     JPS Composite Materials

·                     Nitto Boseki Co., Ltd.

·                     Owens Corning

·                     Parabeam BV

·                     Rock West Composites, Inc.

·                     Saint-Gobain S.A.

·                     SAERTEX GmbH & Co.KG

·                     Tah Tong Textile Co., Ltd.

·                     Taiwan Electric Insulator Co., Ltd.

·                     Valutex Reinforcement Inc.

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

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About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

 

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