Market Summary
Research Methodology on Fiberglass Market
1. Introduction
This research was conducted to study the global Fiberglass Market in terms of its product, application, end product, and geographical prevalence. The focus was further narrowed to understand the potential market drivers of the industry, the types of products available in the market and their impact on market growth, pricing, and market size & segmentation. The research methodology used for this report included analyzing the macro and micro economics of the global Fiberglass market as well as understanding the dynamics of the supply chain. Secondary research was conducted on the historical data to arrive at forecasts and trends while primary research was conducted to corroborate our findings.
2. Methodology
2.1. Secondary Research
Secondary research consisting of industry reports, market reports, institute papers, and published journals was analyzed and used for extracting the data to supplement the primary research. The secondary sources included Business Journals, Industry Custom Guides, Government Websites, Trade Journals, Company Annual Reports, Trade Associations and Databases etc.
2.2. Primary Research
Primary research on the Fiberglass Market included interviews, surveys, and discussions with key opinion leaders in the industry. This helped in gaining an in-depth understanding of the impact of specific elements in the industry such as pricing, competitive forces, market segmentation, and regulation.
2.3. Data Clustering
The data gathered from both the secondary and primary sources was then broken down into segments or clusters which was done using the bottom-up approach. This approach was used to understand the past and present performances of the market and then extrapolate them for the period between 2023 and 2030.
2.4. Factor Analysis
The data was further analyzed and examined using the factor analysis technique. The information related to the market drivers and restraints was collected and identified. The factor analysis technique is based on the assumption that all market data can be explained by a small number of underlying factors, known collectively as ‘market forces’.
2.5. Demand and Supply-side Triangulation
Data collected through primary and secondary research sources was triangulated to ensure a balanced analysis. This helps to ensure that the market’s performance is likely to remain relatively stable in the future. The demand and supply-side triangulation used for this report is based on a thorough analysis of the upstream inputs, downstream demand, and general trends in the overall market.
2.6. Time-Series Analysis
The Fiberglass Market data was further examined using time-series analysis to identify clusters and trends. This helped to compare the current performance of the market with its performance in previous years and the projection of future performance. Time-series analysis helped in gaining valuable insights into the future demand, supply, and pricing in the Fiberglass Market.
2.7. Weighted Analysis
A weighting process was then used to determine the differences between the types of products, end products, and applications in the market. This helped to determine which factors will be more influential on the overall market size and growth dynamics.
2.8. Top-down Approach
The top-down approach was used to segregate the Fibreglass Market studies by product, application, End-user, and region. This approach helps in quantifying the overall market size and expected market growth rate during the forecast period.
3. Conclusion
The Fiberglass Market Report has been thoroughly researched and compiled using data extracted from various sources. Both primary research and secondary research have been conducted to understand and confirm the segmentation, market potential, and growth dynamics. Furthermore, other factors such as financial ratios, demand-supply scenarios, top-down approach, and factor analysis were used to arrive at the market size estimates and market projections. The process also included the triangulation of demand & supply side data and the weighted analysis of data to have a balanced and accurate view of the Fiberglass Market.
Market Size & Forecast
Attribute/Metric | Details |
Market Size 2023 | USD 18.39 Billion |
Market Size 2024 | USD 18.84 Billion |
Market Size 2032 | USD 24.68 Billion |
Compound Annual Growth Rate (CAGR) | 4.20% (2024-2032) |
Base Year | 2023 |
Market Forecast Period | 2024-2032 |
Historical Data | 2019 & 2022 |
Market Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Type, Printing process, Application, and Region |
Geographies Covered | North America, Europe, Asia Pacific, and Rest of the World |
Countries Covered | The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled | PPG Industries Inc, Jushi Group Co.Ltd, Owens Corning, Nippon Electric Glass Co.Ltd, Johns Manville Corp, Taiwan Glass Ind.Corp, Knauf Insulation, Saint-Gobain, PFG Fiber Glass (Kunshan) Co.Ltd, Asahi Fiberglass Co.Ltd |
Key Market Opportunities | · The construction industry in developing countries · Renewable source of energy |
Key Market Dynamics | · Developing advanced glass fibers for the wind energy market |
Major Players
Fiberglass Market Segmentation
Fiberglass Type Outlook (USD Million, 2018-2030)
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
Fiberglass Printing process Outlook (USD Million, 2018-2030)
Tape
Cloth
Rope
Fiberglass Application Outlook (USD Million, 2018-2030)
Composites
Insulation
Fiberglass Regional Outlook (USD Million, 2018-2030)
North America Outlook (USD Million, 2018-2030)
North America Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
North America Fiberglass by Printing process
Tape
Cloth
Rope
North America Fiberglass by Application
Composites
Insulation
US Outlook (USD Million, 2018-2030)
US Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
US Fiberglass by Printing process
Tape
Cloth
Rope
US Fiberglass by Application
Composites
Insulation
CANADA Outlook (USD Million, 2018-2030)
CANADA Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
CANADA Fiberglass by Printing process
Tape
Cloth
Rope
CANADA Fiberglass by Application
Composites
Insulation
Europe Outlook (USD Million, 2018-2030)
Europe Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
Europe Fiberglass by Printing process
Tape
Cloth
Rope
Europe Fiberglass by Application
Composites
Insulation
Germany Outlook (USD Million, 2018-2030)
Germany Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
Germany Fiberglass by Printing process
Tape
Cloth
Rope
Germany Fiberglass by Application
Composites
Insulation
France Outlook (USD Million, 2018-2030)
France Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
France Fiberglass by Printing process
Tape
Cloth
Rope
France Fiberglass by Application
Composites
Insulation
UK Outlook (USD Million, 2018-2030)
UK Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
UK Fiberglass by Printing process
Tape
Cloth
Rope
UK Fiberglass by Application
Composites
Insulation
ITALY Outlook (USD Million, 2018-2030)
ITALY Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
ITALY Fiberglass by Printing process
Tape
Cloth
Rope
ITALY Fiberglass by Application
Composites
Insulation
SPAIN Outlook (USD Million, 2018-2030)
Spain Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
Spain Fiberglass by Printing process
Tape
Cloth
Rope
Spain Fiberglass by Application
Composites
Insulation
Rest Of Europe Outlook (USD Million, 2018-2030)
Rest Of Europe Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
REST OF EUROPE Fiberglass by Printing process
Tape
Cloth
Rope
REST OF EUROPE Fiberglass by Application
Composites
Insulation
Asia-Pacific Outlook (USD Million, 2018-2030)
Asia-Pacific Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
Asia-Pacific Fiberglass by Printing process
Tape
Cloth
Rope
Asia-Pacific Fiberglass by Application
Composites
Insulation
China Outlook (USD Million, 2018-2030)
China Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
China Fiberglass by Printing process
Tape
Cloth
Rope
China Fiberglass by Application
Composites
Insulation
Japan Outlook (USD Million, 2018-2030)
Japan Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
Japan Fiberglass by Printing process
Tape
Cloth
Rope
Japan Fiberglass by Application
Composites
Insulation
India Outlook (USD Million, 2018-2030)
India Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
India Fiberglass by Printing process
Tape
Cloth
Rope
India Fiberglass by Application
Composites
Insulation
Australia Outlook (USD Million, 2018-2030)
Australia Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
Australia Fiberglass by Printing process
Tape
Cloth
Rope
Australia Fiberglass by Application
Composites
Insulation
Rest of Asia-Pacific Outlook (USD Million, 2018-2030)
Rest of Asia-Pacific Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
Rest of Asia-Pacific Fiberglass by Printing process
Tape
Cloth
Rope
Rest of Asia-Pacific Fiberglass by Application
Composites
Insulation
Rest of the World Outlook (USD Million, 2018-2030)
Rest of the World Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
Rest of the World Fiberglass by Printing process
Tape
Cloth
Rope
Rest of the World Fiberglass by Application
Composites
Insulation
Middle East Outlook (USD Million, 2018-2030)
Middle East Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
Middle East Fiberglass by Printing process
Tape
Cloth
Rope
Middle East Fiberglass by Application
Composites
Insulation
Africa Outlook (USD Million, 2018-2030)
Africa Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
Africa Fiberglass by Printing process
Tape
Cloth
Rope
Africa Fiberglass by Application
Composites
Insulation
Latin America Outlook (USD Million, 2018-2030)
Latin America Fiberglass by Type
E-Glass
A-Glass
C-Glass
S-Glass
T-Glass
AR-Glass
D-Glass
Latin America Fiberglass by Printing process
Tape
Cloth
Rope
Latin America Fiberglass by Application
Composites
Insulation
Leave a Comment