Global Glass fibre Veil Market Trends, Size, Competitive Analysis and Forecast 2021-2027

 The global glass fibre veil market is estimated to grow at a moderate CAGR during the forecast period. Glass fibre tissue, also known as glass fibre veil, is made of chopped fibreglass strands that are wet placed and bound with adhesive. Roofing tissue, black facing tissue, FRP surface tissue, and wall covering tissue are some of the applications for nonwoven fibreglass tissue.

Over the next five years, building & construction is expected to maintain market dominance. Composite materials' penetration in the construction industry has been steadily increasing, owing to their inherent benefits such as corrosion resistance, high specific strength, great aesthetic properties, and excellent abrasion resistance. Transportation, Marine, and Pipe & Tank are all set to see significant growth in the coming years.

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Glass fibre veil is increasingly being employed in applications where aesthetics are critical, such as ceiling tiles and wallpaper. Traditional uses, such as reinforcing material for vinyl flooring, carpets, and bituminous roofing, need for flatter materials with higher tensile strength. Glass fibre veil is also utilised as a filtration medium and as a separator for batteries.

The Covid-19 pandemic caused damage to the composites industry's whole value chain. Core materials, for instance, a distinct category of composites, increased at a healthy rate during the pandemic, whereas carbon fibre, a specialist fibre category, saw a massive drop in demand. The impact of COVID-19 on certain composite materials is largely determined by the market segment's reliance on such materials. Glass fibre, the most popular fibre type, has experienced a lower fall than other fibres, thanks to strong growth in the Chinese market after Q2 2020.

Market Coverage

·         The market number available for – 2020-2027

·         Base year- 2020

·         Forecast period- 2021-2027

Segments Covered

·         By Type

·         By Application 

Regions Covered

·         North America

·         Europe

·         Asia-Pacific

·         Rest of the world

·         Competitive Landscape: Johns Manville, Owens Corning, Jiangsu Changhai Composite, Saint-Gobain, Ahlstrom-Munksj among others.

Key questions addressed by the report

·         What is the market growth rate?

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

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

·         How COVID-19 impacted the market?

·         Recovery Timeline

·         Deviation from pre-COVID forecast

·         Most affected region and segment

·         Who is the leader in the market?

·         How players are addressing challenges to sustain growth?

·         Where is the investment opportunity?

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Global Glass fibre Veil Market by Segments

By Type

·         Wet-Laid Process

·         Dry-Laid Process

By Application

·         Roof Material

·         Plasterboard

·         Electronics and Automobiles

·         Floor Covering

·         Others

Global Glass fibre Veil Market 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

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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

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