Fiberglass Market by Glass Type (E-Glass, ECR-Glass, H-Glass, AR-Glass, S-Glass), Product Type (Glass Wool, Direct and Assembled Roving, Yarn, Chopped Strand), Application (Composites, Insulation) and Region - Global Forecast 2027
Fiberglass Market by Glass Type (E-Glass, ECR-Glass, H-Glass, AR-Glass, S-Glass), Product Type (Glass Wool, Direct and Assembled Roving, Yarn, Chopped Strand), Application (Composites, Insulation) and Region - Global Forecast 2027
Abstract
The global fiberglass market size is expected to grow from USD 27.5 billion in 2022 to USD 38.8 billion by 2027, at a CAGR of 7.1% during the forecast period. Fiberglass composites are being used in the construction & infrastructure, aerospace, wind energy, automotive, electronics, and other end-use industries. The increasing wind energy projects and demand of lightweight material from automotive industry support the demand for fiberglass in the wind energy and automotive end-use industry.
“S-Glass Type is the fastest-growing Glass Type of fiberglass, in terms of value.”
S-glass has similar properties as E-glass but is stronger and stiffer than E-glass. High strength S-glass is made with magnesium aluminosilicate. S-glass fiber offers high-performance at elevated temperatures; it is used in applications which demand high strength and stability under extreme temperatures and corrosive environments.
S-glass is also available in the global market and is the highest-performing fibers available at present. It is produced with a higher content of silica than standard glass fiber products. This glass type is widely used for the textile and composite industries. It has high compressive strength, high-temperature resistance, and improved impact resistance.
“Chopped Strand is the fastest-growing product type of fiberglass, in terms of value.”
Chopped strands are fiberglass strands that are used to provide reinforcement to thermoplastic and thermoset composites. These strands can be mixed with resins to produce reinforcing gap filler for construction activities. Chopped strands used with polyester resins produce strong, stiff, and durable laminates, which are primarily utilized to manufacture water tanks, boats, and industrial equipment. Chopped strand mats made from glass fiber filaments can be oriented either randomly or evenly. They are suitable for hand lay-up process using thermoset resins for manufacturing a wide range of products for automobile, recreation, and chemical industries.
“Composites is the fastest-growing application of fiberglass, in terms of value.”
Based on application, the fiberglass market is segmented into composites and insulation. In terms of value, the composites segment accounted for significant share of the fiberglass market in 2021. The larger share of the composites application segment can be attributed to the high growth of the construction and automotive industries in Asia Pacific and North America.
“APAC is the fastest-growing fiberglass market.”
APAC is expected to be the largest market for fiberglass during forecasted years. The high market share for the region is attributed to various favorable government policies in order to protect volatile fuel prices in the region along with rules and regulations against GHGs emissions. These policies and regulations are fueling the growth of wind energy installations in the region specifically in China, India, and South Korea. The growth of end-use industries are automatically having a impact on the demand of fiberglass across the region. Europe followed by North America also contribute to significant share in the global fiberglass market.
This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into the following three categories:
•By Company Type- Tier 1- 60%, Tier 2- 20%, and Tier 3- 20%
•By Designation- C Level- 33%, Director Level- 33%, and Managers- 34%
•By Region- North America- 20%, Europe- 25%, APAC- 25%, Latin America-10%, MEA-20%,
The report provides a comprehensive analysis of company profiles listed below:
•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),
•Saint-Gobain Vetrotex, (US)
•Johns Manville Corp. (US)
•Asahi Fiberglass Co., Ltd., (Japan)
•Knauf Insulation, (Belgium)
•Others
Research Coverage
This report covers the global fiberglass market and forecasts the market size until 2027. The report includes the market segmentation –Glass Type (E-Glass, ECR-Glass, H-Glass, AR-Glass, S-Glass, and others), Product Type (Glass Wool, Direct and Assembled Woving, Chopped Strand, Yarn, and Others), Application (Composites, and Insulation), and Region (Europe, North America, APAC, South America, and MEA). Porter’s Five Forces analysis, along with the drivers, restraints, opportunities, and challenges, are discussed in the report. It also provides company profiles and competitive strategies adopted by the major players in the global fiberglass market.
Key benefits of buying the report:
The report will help market leaders/new entrants in this market in the following ways:
1. This report segments the global fiberglass market comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
2. The report helps stakeholders understand the pulse of the fiberglass market and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, and acquisitions.
Reasons to buy the report:
The report will help market leaders/new entrants in this market by providing them with the closest approximations of the revenues for the overall fiberglass market and the sub-segments. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
Content
Table of Contents
1INTRODUCTION44
1.1STUDY OBJECTIVES44
1.2MARKET DEFINITION44
1.2.1INCLUSIONS & EXCLUSIONS45
1.3MARKET SCOPE45
FIGURE 1FIBERGLASS MARKET SEGMENTATION45
1.3.1REGIONS COVERED46
1.3.2YEARS CONSIDERED46
1.4CURRENCY47
1.5UNIT CONSIDERED47
1.6LIMITATIONS47
1.7STAKEHOLDERS47
1.8SUMMARY OF CHANGES48
2RESEARCH METHODOLOGY49
2.1RESEARCH DATA49
FIGURE 2FIBERGLASS MARKET: RESEARCH DESIGN49
2.1.1SECONDARY DATA50
2.1.2PRIMARY DATA50
2.1.2.1Primary interviews with top fiberglass manufacturers50
2.1.2.2Breakdown of primary interviews50
2.1.2.3Key industry insights51
2.2BASE NUMBER CALCULATION51
2.2.1APPROACH 1: SUPPLY-SIDE ANALYSIS51
2.2.2APPROACH 2: DEMAND-SIDE ANALYSIS52
2.3FORECAST NUMBER CALCULATION52
2.3.1SUPPLY-SIDE52
2.3.2DEMAND-SIDE52
2.4MARKET SIZE ESTIMATION53
2.4.1BOTTOM-UP APPROACH53
FIGURE 3MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH53
2.4.2TOP-DOWN APPROACH53
FIGURE 4MARKET SIZE ESTIMATION: TOP-DOWN APPROACH53
2.5DATA TRIANGULATION54
FIGURE 5FIBERGLASS MARKET: DATA TRIANGULATION54
2.6FACTOR ANALYSIS55
2.7ASSUMPTIONS56
2.8LIMITATIONS & RISKS56
3EXECUTIVE SUMMARY57
FIGURE 6GLASS WOOL DOMINATED FIBERGLASS MARKET IN 202158
FIGURE 7COMPOSITES SEGMENT ACCOUNTED FOR DOMINANT SHARE IN 202158
FIGURE 8E-GLASS ACCOUNTED FOR LARGEST SHARE OF FIBERGLASS MARKET IN 202159
FIGURE 9ASIA PACIFIC LED FIBERGLASS MARKET IN 202159
4PREMIUM INSIGHTS61
4.1SIGNIFICANT OPPORTUNITIES IN FIBERGLASS MARKET61
FIGURE 10FIBERGLASS MARKET TO WITNESS HIGH GROWTH IN ASIA PACIFIC BETWEEN 2022 AND 202761
4.2FIBERGLASS MARKET, BY PRODUCT TYPE AND REGION, 202161
FIGURE 11ASIA PACIFIC WAS LARGEST MARKET FOR FIBERGLASS IN 202161
4.3FIBERGLASS MARKET, BY APPLICATION, 202162
FIGURE 12COMPOSITES SEGMENT OVERALL MARKET IN 202162
4.4FIBERGLASS MARKET, BY GLASS TYPE62
FIGURE 13E-GLASS SEGMENT ACCOUNTED FOR LARGEST SHARE IN 202162
4.5FIBERGLASS MARKET GROWTH, BY KEY COUNTRIES63
FIGURE 14INDONESIA TO BE FASTEST-GROWING FIBERGLASS MARKET, 2022–202763
5MARKET OVERVIEW64
5.1INTRODUCTION64
5.2EVOLUTION64
5.3MARKET DYNAMICS64
FIGURE 15DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN FIBERGLASS MARKET64
5.3.1DRIVERS65
5.3.1.1Extensive use of fiberglass in construction & infrastructure industry65
TABLE 1GLOBAL CONSTRUCTION OUTPUT, SHARE OF MAJOR COUNTRIES,
2019–203065
5.3.1.2Increased use of fiberglass composites in automotive industry66
TABLE 2EUROPEAN UNION: CO2 EMISSION STANDARDS FOR NEW PASSENGER CARS (G/KM)66
5.3.2RESTRAINTS67
5.3.2.1Issues associated with glass wool recycling67
5.3.2.2Lack of standardization in manufacturing technologies of various fiberglass products67
5.3.2.3Decline in economy due to COVID-1967
5.3.3OPPORTUNITIES67
5.3.3.1Increasing number of wind energy capacity installations67
TABLE 3ESTIMATED GLOBAL WIND ENERGY INSTALLATIONS, 2021–203068
5.3.3.2Rising demand for composite materials in construction & infrastructure industry in Middle East & Africa68
5.3.4CHALLENGES68
5.3.4.1Capital-intensive production and complex manufacturing process of fiberglass68
5.3.4.2Recovery from COVID-19 pandemic68
5.4PORTER’S FIVE FORCES ANALYSIS69
FIGURE 16FIBERGLASS MARKET: PORTER’S FIVE FORCES ANALYSIS69
5.4.1BARGAINING POWER OF BUYERS69
5.4.2BARGAINING POWER OF SUPPLIERS70
5.4.3THREAT OF NEW ENTRANTS70
5.4.4THREAT OF SUBSTITUTES70
5.4.5INTENSITY OF COMPETITIVE RIVALRY70
TABLE 4FIBERGLASS MARKET: PORTER’S FIVE FORCES ANALYSIS71
5.5SUPPLY CHAIN ANALYSIS71
TABLE 5FIBERGLASS MARKET: COMPANIES AND THEIR ROLE IN ECOSYSTEM71
5.6KEY STAKEHOLDERS & BUYING CRITERIA72
5.6.1KEY STAKEHOLDERS IN BUYING PROCESS72
FIGURE 17INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS72
TABLE 6INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS72
5.6.2BUYING CRITERIA73
FIGURE 18KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS73
TABLE 7KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS73
5.7TECHNOLOGY ANALYSIS74
TABLE 8FIBERGLASS MANUFACTURING PROCESS74
5.8ECOSYSTEM: FIBERGLASS MARKET75
5.9VALUE CHAIN ANALYSIS75
FIGURE 19VALUE CHAIN ANALYSIS: FIBERGLASS MARKET75
5.10IMPACT OF COVID-19 ON FIBERGLASS VALUE CHAIN76
5.10.1RAW MATERIALS76
5.10.2OEM/ASSEMBLY76
5.11IMPACT OF COVID-1976
5.11.1IMPACT OF COVID-19 ON AUTOMOTIVE AND TRANSPORTATION INDUSTRIES76
5.11.2IMPACT OF COVID-19 ON MARINE AND AEROSPACE SECTORS77
5.11.3OPPORTUNITIES77
5.12KEY MARKETS FOR IMPORT/EXPORT77
5.12.1JAPAN77
5.12.2CHINA77
5.12.3TAIWAN77
5.12.4US77
5.12.5INDIA78
5.13PRICING ANALYSIS78
5.14AVERAGE SELLING PRICES OF KEY PLAYERS, BY APPLICATION78
FIGURE 20AVERAGE SELLING PRICES OF KEY PLAYERS FOR APPLICATIONS (USD/KG)78
TABLE 9AVERAGE SELLING PRICES OF KEY PLAYERS, BY APPLICATION (USD/KG)78
5.15AVERAGE SELLING PRICES, BY GLASS TYPE79
FIGURE 21AVERAGE SELLING PRICES FOR DIFFERENT GLASS TYPES (USD/KG)79
5.16AVERAGE SELLING PRICES, BY PRODUCT TYPE79
FIGURE 22AVERAGE SELLING PRICES BASED ON PRODUCT TYPES (USD/KG)79
5.17AVERAGE SELLING PRICE80
TABLE 10FIBERGLASS AVERAGE SELLING PRICE, BY REGION80
5.18FIBERGLASS MARKET: OPTIMISTIC, PESSIMISTIC, AND REALISTIC SCENARIOS80
TABLE 11FIBERGLASS MARKET: CAGR (BY VALUE) IN OPTIMISTIC, PESSIMISTIC, AND REALISTIC SCENARIOS80
5.18.1OPTIMISTIC SCENARIO80
5.18.2PESSIMISTIC SCENARIO80
5.18.3REALISTIC SCENARIO81
5.19KEY CONFERENCES & EVENTS81
TABLE 12DETAILED LIST OF CONFERENCES & EVENTS RELATED TO FIBERGLASS AND RELATED MARKETS, 2022–202381
5.20TARIFF AND REGULATIONS82
5.20.1REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS82
TABLE 13NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS82
TABLE 14EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS83
TABLE 15ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS84
TABLE 16REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS84
5.21PATENT ANALYSIS85
5.21.1INTRODUCTION85
5.21.2METHODOLOGY85
5.21.3DOCUMENT TYPE85
TABLE 17FIBERGLASS MARKET: GLOBAL PATENTS85
FIGURE 23GLOBAL PATENT ANALYSIS, BY DOCUMENT TYPE86
FIGURE 24GLOBAL PATENT PUBLICATION TREND: 2011-202186
5.21.4INSIGHTS86
5.21.5LEGAL STATUS OF PATENTS86
FIGURE 25FIBERGLASS MARKET: LEGAL STATUS OF PATENTS87
5.21.6JURISDICTION ANALYSIS87
FIGURE 26GLOBAL JURISDICTION ANALYSIS87
5.21.7TOP APPLICANTS' ANALYSIS88
FIGURE 27JOHNS MANVILLE REGISTERED HIGHEST NUMBER OF PATENTS88
5.21.8PATENTS BY JOHNS MANVILLE88
5.21.9PATENTS BY BOEING COMPANY89
5.21.10PATENTS BY OWENS CORNING90
5.21.11TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS90
5.22CASE STUDY ANALYSIS91
5.23TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS91
6FIBERGLASS MARKET, BY GLASS TYPE93
6.1INTRODUCTION94
FIGURE 28E-GLASS SEGMENT TO LEAD FIBERGLASS MARKET DURING FORECAST PERIOD94
TABLE 18FIBERGLASS MARKET SIZE, BY GLASS TYPE, 2018–2021 (USD MILLION)94
TABLE 19FIBERGLASS MARKET SIZE, BY GLASS TYPE, 2018–2021 (KILOTON)95
TABLE 20FIBERGLASS MARKET SIZE, BY GLASS TYPE, 2022–2027 (USD MILLION)95
TABLE 21FIBERGLASS MARKET SIZE, BY GLASS TYPE, 2022–2027 (KILOTON)95
6.2E-GLASS96
6.2.1MOST WIDELY USED GLASS TYPE IN FIBERGLASS MARKET96
FIGURE 29ASIA PACIFIC TO BE LARGEST E-GLASS FIBER MARKET96
6.2.2E-GLASS FIBER MARKET, BY REGION96
TABLE 22E-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)96
TABLE 23E-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (KILOTON)97
TABLE 24E-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)97
TABLE 25E-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (KILOTON)97
6.3ECR-GLASS98
6.3.1ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR ECR-GLASS98
FIGURE 30ASIA PACIFIC TO BE LARGEST ECR-GLASS FIBER MARKET98
6.3.2ECR-GLASS FIBER MARKET, BY REGION98
TABLE 26ECR-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)98
TABLE 27ECR-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (KILOTON)99
TABLE 28ECR-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)99
TABLE 29ECR-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (KILOTON)99
6.4H-GLASS100
6.4.1H-GLASS WIDELY USED IN ADVANCED COMPOSITES100
6.4.2H-GLASS FIBER MARKET, BY REGION100
TABLE 30H-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)100
TABLE 31H-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (KILOTON)100
TABLE 32H-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)101
TABLE 33H-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (KILOTON)101
6.5AR-GLASS102
6.5.1AR-GLASS REPLACING ASBESTOS IN CONSTRUCTION APPLICATION102
6.5.2AR-GLASS FIBER MARKET, BY REGION102
TABLE 34AR-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)102
TABLE 35AR-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (KILOTON)102
TABLE 36AR-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)102
TABLE 37AR-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (KILOTON)103
6.6S-GLASS103
6.6.1EUROPE TO BE LARGEST MARKET FOR S-GLASS SEGMENT103
6.6.2S-GLASS FIBER MARKET, BY REGION103
TABLE 38S-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)103
TABLE 39S-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (KILOTON)104
TABLE 40S-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)104
TABLE 41S-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (KILOTON)104
6.7OTHERS105
6.7.1OTHER GLASS TYPES: FIBERGLASS MARKET, BY REGION105
TABLE 42OTHER GLASS TYPES: FIBERGLASS MARKET SIZE, BY REGION,
2018–2021 (USD MILLION)105
TABLE 43OTHER GLASS TYPES: FIBERGLASS MARKET SIZE, 2018–2021 (KILOTON)105
TABLE 44OTHER GLASS TYPES: FIBERGLASS MARKET SIZE,
2022–2027 (USD MILLION)106
TABLE 45OTHER GLASS TYPES: FIBERGLASS MARKET SIZE, 2022–2027 (KILOTON)106
7FIBERGLASS MARKET, BY PRODUCT TYPE107
7.1INTRODUCTION108
FIGURE 31CHOPPED STRAND SEGMENT EXPECTED TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD108
TABLE 46FIBERGLASS MARKET SIZE, BY PRODUCT TYPE, 2018–2021 (USD MILLION)108
TABLE 47FIBERGLASS MARKET SIZE, BY PRODUCT TYPE, 2018–2021 (KILOTON)109
TABLE 48FIBERGLASS MARKET SIZE, BY PRODUCT TYPE, 2022–2027 (USD MILLION)109
TABLE 49FIBERGLASS MARKET SIZE, BY PRODUCT TYPE, 2022–2027 (KILOTON)109
7.2GLASS WOOL110
7.2.1GLASS WOOL USED AS THERMAL INSULATOR IN RESIDENTIAL WALLS AND CEILINGS TO REDUCE POWER CONSUMPTION110
FIGURE 32ASIA PACIFIC TO BE LARGEST GLASS WOOL MARKET110
7.2.2GLASS WOOL MARKET, BY REGION110
TABLE 50GLASS WOOL MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)110
TABLE 51GLASS WOOL MARKET SIZE, BY REGION, 2018–2021 (KILOTON)111
TABLE 52GLASS WOOL MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)111
TABLE 53GLASS WOOL MARKET SIZE, BY REGION, 2022–2027 (KILOTON)111
7.3DIRECT AND ASSEMBLED ROVING112
7.3.1HIGH DEMAND FROM CONSTRUCTION, INFRASTRUCTURE, AND WIND ENERGY112
7.3.2DIRECT AND ASSEMBLED ROVING MARKET, BY REGION112
TABLE 54DIRECT AND ASSEMBLED ROVING MARKET SIZE, BY REGION,
2018–2021 (USD MILLION)112
TABLE 55DIRECT AND ASSEMBLED ROVING MARKET SIZE, BY REGION,
2018–2021 (KILOTON)112
TABLE 56DIRECT AND ASSEMBLED ROVING MARKET SIZE, BY REGION,
2022–2027 (USD MILLION)113
TABLE 57DIRECT AND ASSEMBLED ROVING MARKET SIZE, BY REGION,
2022–2027 (KILOTON)113
7.4YARN114
7.4.1RISING DEMAND FOR ELECTRONICS AND CONSTRUCTION114
7.4.2YARN MARKET, BY REGION114
TABLE 58YARN MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)114
TABLE 59YARN MARKET SIZE, BY REGION, 2018–2021 (KILOTON)114
TABLE 60YARN MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)115
TABLE 61YARN MARKET SIZE, BY REGION, 2022–2027 (KILOTON)115
7.5CHOPPED STRAND116
7.5.1RISING AUTOMOBILE PRODUCTION IN ASIA PACIFIC AND EUROPE116
7.5.2CHOPPED STRAND MARKET, BY REGION116
TABLE 62CHOPPED STRAND MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)116
TABLE 63CHOPPED STRAND MARKET SIZE, BY REGION, 2018–2021 (KILOTON)116
TABLE 64CHOPPED STRAND MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)117
TABLE 65CHOPPED STRAND MARKET SIZE, BY REGION, 2022–2027 (KILOTON)117
7.6OTHERS118
7.6.1OTHER PRODUCT TYPES MARKET, BY REGION118
TABLE 66OTHER PRODUCT TYPES MARKET SIZE, BY REGION,
2018–2021 (USD MILLION)118
TABLE 67OTHER PRODUCT TYPES MARKET SIZE, BY REGION, 2018–2021 (KILOTON)118
TABLE 68OTHER PRODUCT TYPES MARKET SIZE, BY REGION,
2022–2027 (USD MILLION)118
TABLE 69OTHER PRODUCT TYPES MARKET SIZE, BY REGION, 2022–2027 (KILOTON)119
8FIBERGLASS MARKET, BY APPLICATION120
8.1INTRODUCTION121
FIGURE 33COMPOSITES SEGMENT EXPECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD121
TABLE 70FIBERGLASS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)121
TABLE 71FIBERGLASS MARKET SIZE, BY APPLICATION, 2018–2021 (KILOTON)121
TABLE 72FIBERGLASS MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)122
TABLE 73FIBERGLASS MARKET SIZE, BY APPLICATION, 2022–2027 (KILOTON)122
8.2COMPOSITES122
8.2.1COMPOSITES ACCOUNTED FOR LARGER MARKET SHARE122
FIGURE 34ASIA PACIFIC TO BE LARGEST FIBERGLASS COMPOSITES MARKET123
8.2.2FIBERGLASS MARKET IN COMPOSITES, BY REGION123
TABLE 74FIBERGLASS MARKET SIZE IN COMPOSITES, BY REGION,
2018–2021 (USD MILLION)123
TABLE 75FIBERGLASS MARKET SIZE IN COMPOSITES, BY REGION,
2018–2021 (KILOTON)123
TABLE 76FIBERGLASS MARKET SIZE IN COMPOSITES, BY REGION,
2022–2027 (USD MILLION)124
TABLE 77FIBERGLASS MARKET SIZE IN COMPOSITES, BY REGION,
2022–2027 (KILOTON)124
8.2.3IMPACT OF COVID-19 ON COMPOSITES INDUSTRY124
8.2.4FIBERGLASS MARKET SIZE IN COMPOSITES, BY END-USE INDUSTRY125
TABLE 78FIBERGLASS MARKET SIZE IN COMPOSITES, BY END-USE INDUSTRY,
2018–2021 (USD MILLION)125
TABLE 79FIBERGLASS MARKET SIZE IN COMPOSITES, BY END-USE INDUSTRY,
2018–2021 (KILOTON)125
TABLE 80FIBERGLASS MARKET SIZE IN COMPOSITES, BY END-USE INDUSTRY,
2022–2027 (USD MILLION)125
TABLE 81FIBERGLASS MARKET SIZE IN COMPOSITES, BY END-USE INDUSTRY,
2022–2027 (KILOTON)126
8.3CONSTRUCTION & INFRASTRUCTURE126
8.3.1TENSILE STRENGTH AND STRENGTH-TO-WEIGHT RATIO OF FIBERGLASS IDEAL FOR THIS SEGMENT126
8.3.2FIBERGLASS COMPOSITES MARKET IN CONSTRUCTION & INFRASTRUCTURE END-USE INDUSTRY, BY REGION127
TABLE 82FIBERGLASS COMPOSITES MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE, BY REGION, 2018–2021 (USD MILLION)127
TABLE 83FIBERGLASS COMPOSITES MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE, BY REGION, 2018–2021 (KILOTON)127
TABLE 84FIBERGLASS COMPOSITES MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE, BY REGION, 2022–2027 (USD MILLION)127
TABLE 85FIBERGLASS COMPOSITES MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE, BY REGION, 2022–2027 (KILOTON)128
8.3.3AUTOMOTIVE128
8.3.3.1Weight reduction, increased processing speed, and low VOC emissions encouraging fiberglass adoption128
8.3.4FIBERGLASS COMPOSITES MARKET IN AUTOMOTIVE END-USE INDUSTRY,
BY REGION129
TABLE 86FIBERGLASS COMPOSITES MARKET SIZE IN AUTOMOTIVE, BY REGION, 2018–2021 (USD MILLION)129
TABLE 87FIBERGLASS COMPOSITES MARKET SIZE IN AUTOMOTIVE, BY REGION, 2018–2021 (KILOTON)129
TABLE 88FIBERGLASS COMPOSITES MARKET SIZE IN AUTOMOTIVE, BY REGION, 2022–2027 (USD MILLION)129
TABLE 89FIBERGLASS COMPOSITES MARKET SIZE IN AUTOMOTIVE, BY REGION, 2022–2027 (KILOTON)130
8.3.5WIND ENERGY130
8.3.5.1High tensile strength of fiberglass composites driving demand in wind turbine blades manufacturing130
8.3.6FIBERGLASS COMPOSITES MARKET IN WIND ENERGY END-USE INDUSTRY, BY REGION130
TABLE 90FIBERGLASS COMPOSITES MARKET SIZE IN WIND ENERGY, BY REGION, 2018–2021 (USD MILLION)130
TABLE 91FIBERGLASS COMPOSITES MARKET SIZE IN WIND ENERGY, BY REGION, 2018–2021 (KILOTON)131
TABLE 92FIBERGLASS COMPOSITES MARKET SIZE IN WIND ENERGY, BY REGION, 2022–2027 (USD MILLION)131
TABLE 93FIBERGLASS COMPOSITES MARKET SIZE IN WIND ENERGY, BY REGION, 2022–2027 (KILOTON)131
8.3.7ELECTRONICS132
8.3.7.1High thermal resistance and electrical conductivity of fiberglass fueling adoption in electronics application132
8.3.8FIBERGLASS COMPOSITES MARKET IN ELECTRONICS END-USE INDUSTRY, BY REGION132
TABLE 94FIBERGLASS COMPOSITES MARKET SIZE IN ELECTRONICS, BY REGION, 2018–2021 (USD MILLION)132
TABLE 95FIBERGLASS COMPOSITES MARKET SIZE IN ELECTRONICS, BY REGION, 2018–2021 (KILOTON)132
TABLE 96FIBERGLASS COMPOSITES MARKET SIZE IN ELECTRONICS, BY REGION, 2022–2027 (USD MILLION)133
TABLE 97FIBERGLASS COMPOSITES MARKET SIZE IN ELECTRONICS, BY REGION, 2022–2027 (KILOTON)133
8.3.9AEROSPACE133
8.3.9.1S-glass and E-glass most widely used glass types in aerospace applications133
8.3.10FIBERGLASS COMPOSITES MARKET IN AEROSPACE END-USE INDUSTRY,
BY REGION134
TABLE 98FIBERGLASS COMPOSITES MARKET SIZE IN AEROSPACE, BY REGION,
2018–2021 (USD MILLION)134
TABLE 99FIBERGLASS COMPOSITES MARKET SIZE IN AEROSPACE, BY REGION,
2018–2021 (KILOTON)134
TABLE 100FIBERGLASS COMPOSITES MARKET SIZE IN AEROSPACE, BY REGION,
2022–2027 (USD MILLION)134
TABLE 101FIBERGLASS COMPOSITES MARKET SIZE IN AEROSPACE, BY REGION,
2022–2027 (KILOTON)135
8.3.11OTHERS135
8.3.12FIBERGLASS COMPOSITES MARKET IN OTHER END-USE INDUSTRIES,
BY REGION136
TABLE 102FIBERGLASS COMPOSITES MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2018–2021 (USD MILLION)136
TABLE 103FIBERGLASS COMPOSITES MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2018–2021 (KILOTON)136
TABLE 104FIBERGLASS COMPOSITES MARKET IN OTHER END-USE INDUSTRIES,
BY REGION, 2022–2027 (USD MILLION)136
TABLE 105FIBERGLASS COMPOSITES MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2022–2027 (KILOTON)137
8.4INSULATION137
8.4.1FIBERGLASS MARKET IN INSULATION, BY END-USE INDUSTRY137
TABLE 106FIBERGLASS MARKET SIZE IN INSULATION, BY END-USE INDUSTRY,
2018–2021 (USD MILLION)137
TABLE 107FIBERGLASS MARKET SIZE IN INSULATION, BY END-USE INDUSTRY,
2018–2021 (KILOTON)138
TABLE 108FIBERGLASS MARKET SIZE IN INSULATION, BY END-USE INDUSTRY,
2022–2027 (USD MILLION)138
TABLE 109FIBERGLASS MARKET SIZE IN INSULATION, BY END-USE INDUSTRY,
2022–2027 (KILOTON)138
8.4.2RESIDENTIAL CONSTRUCTION139
8.4.2.1Residential construction segment led fiberglass insulation market139
8.4.3FIBERGLASS INSULATION MARKET IN RESIDENTIAL CONSTRUCTION
END-USE INDUSTRY, BY REGION139
TABLE 110FIBERGLASS INSULATION MARKET SIZE IN RESIDENTIAL CONSTRUCTION,
BY REGION, 2018–2021 (USD MILLION)139
TABLE 111FIBERGLASS INSULATION MARKET SIZE IN RESIDENTIAL CONSTRUCTION,
BY REGION, 2018–2021 (KILOTON)139
TABLE 112FIBERGLASS INSULATION MARKET SIZE IN RESIDENTIAL CONSTRUCTION,
BY REGION, 2022–2027 (USD MILLION)140
TABLE 113FIBERGLASS INSULATION MARKET SIZE IN RESIDENTIAL CONSTRUCTION,
BY REGION, 2022–2027 (KILOTON)140
8.4.4NON-RESIDENTIAL CONSTRUCTION140
8.4.4.1Asia Pacific dominates market for fiberglass insulation in
non-residential construction140
8.4.5FIBERGLASS INSULATION MARKET IN NON-RESIDENTIAL CONSTRUCTION END-USE INDUSTRY, BY REGION141
TABLE 114FIBERGLASS INSULATION MARKET SIZE IN NON-RESIDENTIAL CONSTRUCTION, BY REGION, 2018–2021 (USD MILLION)141
TABLE 115FIBERGLASS INSULATION MARKET SIZE IN NON-RESIDENTIAL CONSTRUCTION, BY REGION, 2018–2021 (KILOTON)141
TABLE 116FIBERGLASS INSULATION MARKET SIZE IN NON-RESIDENTIAL CONSTRUCTION, BY REGION, 2022–2027 (USD MILLION)141
TABLE 117FIBERGLASS INSULATION MARKET SIZE IN NON-RESIDENTIAL CONSTRUCTION, BY REGION, 2022–2027 (KILOTON)142
8.4.6INDUSTRIAL142
8.4.6.1High demand for glass wool fiber to manufacture industrial pipes, power plant boilers, and smoke flues142
8.4.7FIBERGLASS INSULATION MARKET IN INDUSTRIAL END-USE INDUSTRY,
BY REGION142
TABLE 118FIBERGLASS INSULATION MARKET SIZE IN INDUSTRIAL, BY REGION,
2018–2021 (USD MILLION)142
TABLE 119FIBERGLASS INSULATION MARKET SIZE IN INDUSTRIAL, BY REGION,
2018–2021 (KILOTON)143
TABLE 120FIBERGLASS INSULATION MARKET SIZE IN INDUSTRIAL, BY REGION,
2022–2027 (USD MILLION)143
TABLE 121FIBERGLASS INSULATION MARKET SIZE IN INDUSTRIAL, BY REGION,
2022–2027 (KILOTON)143
8.4.8OTHERS144
8.4.9FIBERGLASS INSULATION MARKET IN OTHER END-USE INDUSTRIES,
BY REGION144
TABLE 122FIBERGLASS INSULATION MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2018–2021 (USD MILLION)144
TABLE 123FIBERGLASS INSULATION MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2018–2021 (KILOTON)144
TABLE 124FIBERGLASS INSULATION MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2022–2027 (USD MILLION)145
TABLE 125FIBERGLASS INSULATION MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2022–2027 (KILOTON)145
9FIBERGLASS MARKET, BY REGION146
9.1INTRODUCTION147
FIGURE 35INDONESIA TO BE FASTEST-GROWING FIBERGLASS MARKET DURING FORECAST PERIOD147
9.1.1FIBERGLASS MARKET, BY REGION147
TABLE 126FIBERGLASS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)147
TABLE 127FIBERGLASS MARKET SIZE, BY REGION, 2018–2021 (KILOTON)148
TABLE 128FIBERGLASS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)148
TABLE 129FIBERGLASS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)148
9.2NORTH AMERICA149
FIGURE 36NORTH AMERICA: FIBERGLASS MARKET SNAPSHOT149
9.2.1NORTH AMERICA: FIBERGLASS MARKET, BY COUNTRY150
TABLE 130NORTH AMERICA: FIBERGLASS MARKET SIZE, BY COUNTRY,
2018–2021 (USD MILLION)150
TABLE 131NORTH AMERICA: FIBERGLASS MARKET SIZE, BY COUNTRY,
2018–2021 (KILOTON)150
TABLE 132NORTH AMERICA: FIBERGLASS MARKET SIZE, BY COUNTRY,
2022–2027 (USD MILLION)150
TABLE 133NORTH AMERICA: FIBERGLASS MARKET SIZE, BY COUNTRY,
2022–2027 (KILOTON)150
9.2.2NORTH AMERICA: FIBERGLASS MARKET, BY GLASS TYPE151
TABLE 134NORTH AMERICA: FIBERGLASS MARKET SIZE, BY GLASS TYPE,
2018–2021 (USD MILLION)151
TABLE 135NORTH AMERICA: FIBERGLASS MARKET SIZE, BY GLASS TYPE,
2018–2021 (KILOTON)151
TABLE 136NORTH AMERICA: FIBERGLASS MARKET SIZE, BY GLASS TYPE,
2022–2027 (USD MILLION)152
TABLE 137NORTH AMERICA: FIBERGLASS MARKET SIZE, BY GLASS TYPE,
2022–2027 (KILOTON)152
9.2.3NORTH AMERICA: FIBERGLASS MARKET, BY PRODUCT TYPE152
TABLE 138NORTH AMERICA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)152
TABLE 139NORTH AMERICA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)153
TABLE 140NORTH AMERICA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)153
TABLE 141NORTH AMERICA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)153
9.2.4NORTH AMERICA: FIBERGLASS COMPOSITES MARKET,
BY END-USE INDUSTRY154
TABLE 142NORTH AMERICA: FIBERGLASS COMPOSITES MARKET SIZE,
BY END-USE INDUSTRY, 2018–2021 (USD MILLION)154
TABLE 143NORTH AMERICA: FIBERGLASS COMPOSITES MARKET SIZE,
BY END-USE INDUSTRY, 2018–2021 (KILOTON)154
TABLE 144NORTH AMERICA: FIBERGLASS COMPOSITES MARKET SIZE,
BY END-USE INDUSTRY, 2022–2027 (USD MILLION)155
TABLE 145NORTH AMERICA: FIBERGLASS COMPOSITES MARKET SIZE,
BY END-USE INDUSTRY, 2022–2027 (KILOTON)155
9.2.5NORTH AMERICA: FIBERGLASS INSULATION MARKET, BY END-USE INDUSTRY156
TABLE 146NORTH AMERICA: FIBERGLASS INSULATION MARKET SIZE,
BY END-USE INDUSTRY, 2018–2021 (USD MILLION)156
TABLE 147NORTH AMERICA: FIBERGLASS INSULATION MARKET SIZE,
BY END-USE INDUSTRY, 2018–2021 (KILOTON)156
TABLE 148NORTH AMERICA: FIBERGLASS INSULATION MARKET SIZE,
BY END-USE INDUSTRY, 2022–2027 (USD MILLION)156
TABLE 149NORTH AMERICA: FIBERGLASS INSULATION MARKET SIZE,
BY END-USE INDUSTRY, 2022–2027 (KILOTON)157
9.2.6US157
9.2.6.1US dominates fiberglass market in North America157
9.2.6.2US: Fiberglass market, by product type157
TABLE 150US: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)157
TABLE 151US: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE, 2018–2021 (KILOTON)158
TABLE 152US: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)158
TABLE 153US: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE, 2022–2027 (KILOTON)158
9.2.7CANADA159
9.2.7.1Presence of well-established aerospace industry fueling demand for fiberglass159
9.2.7.2Canada: Fiberglass market, by product type159
TABLE 154CANADA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)159
TABLE 155CANADA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)159
TABLE 156CANADA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)160
TABLE 157CANADA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)160
9.2.8MEXICO160
9.2.8.1Mexico witnessing increasing demand for fiberglass from automotive industry160
9.2.8.2Mexico: Fiberglass market, by product type160
TABLE 158MEXICO: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)160
TABLE 159MEXICO: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)161
TABLE 160MEXICO: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)161
TABLE 161MEXICO: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)161
9.3ASIA PACIFIC162
FIGURE 37ASIA PACIFIC: FIBERGLASS MARKET SNAPSHOT162
9.3.1ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY COUNTRY163
TABLE 162ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY COUNTRY,
2018–2021 (USD MILLION)163
TABLE 163ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY COUNTRY,
2018–2021 (KILOTON)163
TABLE 164ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY COUNTRY,
2022–2027 (USD MILLION)164
TABLE 165ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY COUNTRY,
2022–2027 (KILOTON)164
9.3.2ASIA PACIFIC: FIBERGLASS MARKET, BY GLASS TYPE165
TABLE 166ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY GLASS TYPE,
2018–2021 (USD MILLION)165
TABLE 167ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY GLASS TYPE,
2018–2021 (KILOTON)165
TABLE 168ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY GLASS TYPE,
2022–2027 (USD MILLION)165
TABLE 169ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY GLASS TYPE,
2022–2027 (KILOTON)166
9.3.3ASIA PACIFIC: FIBERGLASS MARKET, BY PRODUCT TYPE166
TABLE 170ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)166
TABLE 171ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)166
TABLE 172ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)167
TABLE 173ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)167
9.3.4ASIA PACIFIC: FIBERGLASS COMPOSITES MARKET, BY END-USE INDUSTRY167
TABLE 174ASIA PACIFIC: FIBERGLASS COMPOSITES MARKET SIZE,
BY END-USE INDUSTRY, 2018–2021 (USD MILLION)167
TABLE 175ASIA PACIFIC: FIBERGLASS COMPOSITES MARKET SIZE,
BY END-USE INDUSTRY, 2018–2021 (KILOTON)168
TABLE 176ASIA PACIFIC: FIBERGLASS COMPOSITES MARKET SIZE,
BY END-USE INDUSTRY, 2022–2027 (USD MILLION)168
TABLE 177ASIA PACIFIC: FIBERGLASS COMPOSITES MARKET SIZE,
BY END-USE INDUSTRY, 2022–2027 (KILOTON)168
9.3.5ASIA PACIFIC: FIBERGLASS INSULATION MARKET, BY END-USE INDUSTRY169
TABLE 178ASIA PACIFIC: FIBERGLASS INSULATION MARKET SIZE,
BY END-USE INDUSTRY, 2018–2021 (USD MILLION)169
TABLE 179ASIA PACIFIC: FIBERGLASS INSULATION MARKET SIZE,
BY END-USE INDUSTRY, 2018–2021 (KILOTON)169
TABLE 180ASIA PACIFIC: FIBERGLASS INSULATION MARKET SIZE,
BY END-USE INDUSTRY, 2022–2027 (USD MILLION)169
TABLE 181ASIA PACIFIC: FIBERGLASS INSULATION MARKET SIZE,
BY END-USE INDUSTRY, 2022–2027 (KILOTON)170
9.3.6CHINA170
9.3.6.1Presence of major fiberglass manufacturers fueling market170
9.3.6.2China: Fiberglass market, by product type170
TABLE 182CHINA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)170
TABLE 183CHINA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)171
TABLE 184CHINA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)171
TABLE 185CHINA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)171
9.3.7JAPAN172
9.3.7.1Direct and assembled roving segment dominates market in Japan172
9.3.7.2Japan: Fiberglass market, by product type172
TABLE 186JAPAN: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)172
TABLE 187JAPAN: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)172
TABLE 188JAPAN: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)173
TABLE 189JAPAN: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)173
9.3.8INDIA173
9.3.8.1Construction industry fueling demand for fiberglass products173
9.3.8.2India: Fiberglass market, by product type174
TABLE 190INDIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)174
TABLE 191INDIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)174
TABLE 192INDIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)174
TABLE 193INDIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)175
9.3.9SOUTH KOREA175
9.3.9.1Presence of major electronics companies propelled demand for fiberglass175
9.3.9.2South Korea: Fiberglass market, by product type175
TABLE 194SOUTH KOREA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)175
TABLE 195SOUTH KOREA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)176
TABLE 196SOUTH KOREA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)176
TABLE 197SOUTH KOREA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)176
9.3.10INDONESIA177
9.3.10.1Growing urban population and rising disposable income to drive construction industry177
9.3.10.2Indonesia: Fiberglass market, by product type177
TABLE 198INDONESIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)177
TABLE 199INDONESIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)177
TABLE 200INDONESIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)178
TABLE 201INDONESIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)178
9.3.11AUSTRALIA178
9.3.11.1Yarn segment to witness highest growth during forecast period178
9.3.11.2Australia: Fiberglass market, by product type178
TABLE 202AUSTRALIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)178
TABLE 203AUSTRALIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)179
TABLE 204AUSTRALIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)179
TABLE 205AUSTRALIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)179
9.3.12MALAYSIA180
9.3.12.1Growing demand for fiberglass from transportation and aerospace industries180
9.3.12.2Malaysia: Fiberglass market, by product type180
TABLE 206MALAYSIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)180
TABLE 207MALAYSIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)180
TABLE 208MALAYSIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)181
TABLE 209MALAYSIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)181
9.3.13REST OF ASIA PACIFIC181
9.3.13.1Rest of Asia Pacific: Fiberglass market, by product type181
TABLE 210REST OF ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE, 2018–2021 (USD MILLION)181
TABLE 211REST OF ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY
“S-Glass Type is the fastest-growing Glass Type of fiberglass, in terms of value.”
S-glass has similar properties as E-glass but is stronger and stiffer than E-glass. High strength S-glass is made with magnesium aluminosilicate. S-glass fiber offers high-performance at elevated temperatures; it is used in applications which demand high strength and stability under extreme temperatures and corrosive environments.
S-glass is also available in the global market and is the highest-performing fibers available at present. It is produced with a higher content of silica than standard glass fiber products. This glass type is widely used for the textile and composite industries. It has high compressive strength, high-temperature resistance, and improved impact resistance.
“Chopped Strand is the fastest-growing product type of fiberglass, in terms of value.”
Chopped strands are fiberglass strands that are used to provide reinforcement to thermoplastic and thermoset composites. These strands can be mixed with resins to produce reinforcing gap filler for construction activities. Chopped strands used with polyester resins produce strong, stiff, and durable laminates, which are primarily utilized to manufacture water tanks, boats, and industrial equipment. Chopped strand mats made from glass fiber filaments can be oriented either randomly or evenly. They are suitable for hand lay-up process using thermoset resins for manufacturing a wide range of products for automobile, recreation, and chemical industries.
“Composites is the fastest-growing application of fiberglass, in terms of value.”
Based on application, the fiberglass market is segmented into composites and insulation. In terms of value, the composites segment accounted for significant share of the fiberglass market in 2021. The larger share of the composites application segment can be attributed to the high growth of the construction and automotive industries in Asia Pacific and North America.
“APAC is the fastest-growing fiberglass market.”
APAC is expected to be the largest market for fiberglass during forecasted years. The high market share for the region is attributed to various favorable government policies in order to protect volatile fuel prices in the region along with rules and regulations against GHGs emissions. These policies and regulations are fueling the growth of wind energy installations in the region specifically in China, India, and South Korea. The growth of end-use industries are automatically having a impact on the demand of fiberglass across the region. Europe followed by North America also contribute to significant share in the global fiberglass market.
This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into the following three categories:
•By Company Type- Tier 1- 60%, Tier 2- 20%, and Tier 3- 20%
•By Designation- C Level- 33%, Director Level- 33%, and Managers- 34%
•By Region- North America- 20%, Europe- 25%, APAC- 25%, Latin America-10%, MEA-20%,
The report provides a comprehensive analysis of company profiles listed below:
•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),
•Saint-Gobain Vetrotex, (US)
•Johns Manville Corp. (US)
•Asahi Fiberglass Co., Ltd., (Japan)
•Knauf Insulation, (Belgium)
•Others
Research Coverage
This report covers the global fiberglass market and forecasts the market size until 2027. The report includes the market segmentation –Glass Type (E-Glass, ECR-Glass, H-Glass, AR-Glass, S-Glass, and others), Product Type (Glass Wool, Direct and Assembled Woving, Chopped Strand, Yarn, and Others), Application (Composites, and Insulation), and Region (Europe, North America, APAC, South America, and MEA). Porter’s Five Forces analysis, along with the drivers, restraints, opportunities, and challenges, are discussed in the report. It also provides company profiles and competitive strategies adopted by the major players in the global fiberglass market.
Key benefits of buying the report:
The report will help market leaders/new entrants in this market in the following ways:
1. This report segments the global fiberglass market comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
2. The report helps stakeholders understand the pulse of the fiberglass market and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, and acquisitions.
Reasons to buy the report:
The report will help market leaders/new entrants in this market by providing them with the closest approximations of the revenues for the overall fiberglass market and the sub-segments. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
1INTRODUCTION44
1.1STUDY OBJECTIVES44
1.2MARKET DEFINITION44
1.2.1INCLUSIONS & EXCLUSIONS45
1.3MARKET SCOPE45
FIGURE 1FIBERGLASS MARKET SEGMENTATION45
1.3.1REGIONS COVERED46
1.3.2YEARS CONSIDERED46
1.4CURRENCY47
1.5UNIT CONSIDERED47
1.6LIMITATIONS47
1.7STAKEHOLDERS47
1.8SUMMARY OF CHANGES48
2RESEARCH METHODOLOGY49
2.1RESEARCH DATA49
FIGURE 2FIBERGLASS MARKET: RESEARCH DESIGN49
2.1.1SECONDARY DATA50
2.1.2PRIMARY DATA50
2.1.2.1Primary interviews with top fiberglass manufacturers50
2.1.2.2Breakdown of primary interviews50
2.1.2.3Key industry insights51
2.2BASE NUMBER CALCULATION51
2.2.1APPROACH 1: SUPPLY-SIDE ANALYSIS51
2.2.2APPROACH 2: DEMAND-SIDE ANALYSIS52
2.3FORECAST NUMBER CALCULATION52
2.3.1SUPPLY-SIDE52
2.3.2DEMAND-SIDE52
2.4MARKET SIZE ESTIMATION53
2.4.1BOTTOM-UP APPROACH53
FIGURE 3MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH53
2.4.2TOP-DOWN APPROACH53
FIGURE 4MARKET SIZE ESTIMATION: TOP-DOWN APPROACH53
2.5DATA TRIANGULATION54
FIGURE 5FIBERGLASS MARKET: DATA TRIANGULATION54
2.6FACTOR ANALYSIS55
2.7ASSUMPTIONS56
2.8LIMITATIONS & RISKS56
3EXECUTIVE SUMMARY57
FIGURE 6GLASS WOOL DOMINATED FIBERGLASS MARKET IN 202158
FIGURE 7COMPOSITES SEGMENT ACCOUNTED FOR DOMINANT SHARE IN 202158
FIGURE 8E-GLASS ACCOUNTED FOR LARGEST SHARE OF FIBERGLASS MARKET IN 202159
FIGURE 9ASIA PACIFIC LED FIBERGLASS MARKET IN 202159
4PREMIUM INSIGHTS61
4.1SIGNIFICANT OPPORTUNITIES IN FIBERGLASS MARKET61
FIGURE 10FIBERGLASS MARKET TO WITNESS HIGH GROWTH IN ASIA PACIFIC BETWEEN 2022 AND 202761
4.2FIBERGLASS MARKET, BY PRODUCT TYPE AND REGION, 202161
FIGURE 11ASIA PACIFIC WAS LARGEST MARKET FOR FIBERGLASS IN 202161
4.3FIBERGLASS MARKET, BY APPLICATION, 202162
FIGURE 12COMPOSITES SEGMENT OVERALL MARKET IN 202162
4.4FIBERGLASS MARKET, BY GLASS TYPE62
FIGURE 13E-GLASS SEGMENT ACCOUNTED FOR LARGEST SHARE IN 202162
4.5FIBERGLASS MARKET GROWTH, BY KEY COUNTRIES63
FIGURE 14INDONESIA TO BE FASTEST-GROWING FIBERGLASS MARKET, 2022–202763
5MARKET OVERVIEW64
5.1INTRODUCTION64
5.2EVOLUTION64
5.3MARKET DYNAMICS64
FIGURE 15DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN FIBERGLASS MARKET64
5.3.1DRIVERS65
5.3.1.1Extensive use of fiberglass in construction & infrastructure industry65
TABLE 1GLOBAL CONSTRUCTION OUTPUT, SHARE OF MAJOR COUNTRIES,
2019–203065
5.3.1.2Increased use of fiberglass composites in automotive industry66
TABLE 2EUROPEAN UNION: CO2 EMISSION STANDARDS FOR NEW PASSENGER CARS (G/KM)66
5.3.2RESTRAINTS67
5.3.2.1Issues associated with glass wool recycling67
5.3.2.2Lack of standardization in manufacturing technologies of various fiberglass products67
5.3.2.3Decline in economy due to COVID-1967
5.3.3OPPORTUNITIES67
5.3.3.1Increasing number of wind energy capacity installations67
TABLE 3ESTIMATED GLOBAL WIND ENERGY INSTALLATIONS, 2021–203068
5.3.3.2Rising demand for composite materials in construction & infrastructure industry in Middle East & Africa68
5.3.4CHALLENGES68
5.3.4.1Capital-intensive production and complex manufacturing process of fiberglass68
5.3.4.2Recovery from COVID-19 pandemic68
5.4PORTER’S FIVE FORCES ANALYSIS69
FIGURE 16FIBERGLASS MARKET: PORTER’S FIVE FORCES ANALYSIS69
5.4.1BARGAINING POWER OF BUYERS69
5.4.2BARGAINING POWER OF SUPPLIERS70
5.4.3THREAT OF NEW ENTRANTS70
5.4.4THREAT OF SUBSTITUTES70
5.4.5INTENSITY OF COMPETITIVE RIVALRY70
TABLE 4FIBERGLASS MARKET: PORTER’S FIVE FORCES ANALYSIS71
5.5SUPPLY CHAIN ANALYSIS71
TABLE 5FIBERGLASS MARKET: COMPANIES AND THEIR ROLE IN ECOSYSTEM71
5.6KEY STAKEHOLDERS & BUYING CRITERIA72
5.6.1KEY STAKEHOLDERS IN BUYING PROCESS72
FIGURE 17INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS72
TABLE 6INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS72
5.6.2BUYING CRITERIA73
FIGURE 18KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS73
TABLE 7KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS73
5.7TECHNOLOGY ANALYSIS74
TABLE 8FIBERGLASS MANUFACTURING PROCESS74
5.8ECOSYSTEM: FIBERGLASS MARKET75
5.9VALUE CHAIN ANALYSIS75
FIGURE 19VALUE CHAIN ANALYSIS: FIBERGLASS MARKET75
5.10IMPACT OF COVID-19 ON FIBERGLASS VALUE CHAIN76
5.10.1RAW MATERIALS76
5.10.2OEM/ASSEMBLY76
5.11IMPACT OF COVID-1976
5.11.1IMPACT OF COVID-19 ON AUTOMOTIVE AND TRANSPORTATION INDUSTRIES76
5.11.2IMPACT OF COVID-19 ON MARINE AND AEROSPACE SECTORS77
5.11.3OPPORTUNITIES77
5.12KEY MARKETS FOR IMPORT/EXPORT77
5.12.1JAPAN77
5.12.2CHINA77
5.12.3TAIWAN77
5.12.4US77
5.12.5INDIA78
5.13PRICING ANALYSIS78
5.14AVERAGE SELLING PRICES OF KEY PLAYERS, BY APPLICATION78
FIGURE 20AVERAGE SELLING PRICES OF KEY PLAYERS FOR APPLICATIONS (USD/KG)78
TABLE 9AVERAGE SELLING PRICES OF KEY PLAYERS, BY APPLICATION (USD/KG)78
5.15AVERAGE SELLING PRICES, BY GLASS TYPE79
FIGURE 21AVERAGE SELLING PRICES FOR DIFFERENT GLASS TYPES (USD/KG)79
5.16AVERAGE SELLING PRICES, BY PRODUCT TYPE79
FIGURE 22AVERAGE SELLING PRICES BASED ON PRODUCT TYPES (USD/KG)79
5.17AVERAGE SELLING PRICE80
TABLE 10FIBERGLASS AVERAGE SELLING PRICE, BY REGION80
5.18FIBERGLASS MARKET: OPTIMISTIC, PESSIMISTIC, AND REALISTIC SCENARIOS80
TABLE 11FIBERGLASS MARKET: CAGR (BY VALUE) IN OPTIMISTIC, PESSIMISTIC, AND REALISTIC SCENARIOS80
5.18.1OPTIMISTIC SCENARIO80
5.18.2PESSIMISTIC SCENARIO80
5.18.3REALISTIC SCENARIO81
5.19KEY CONFERENCES & EVENTS81
TABLE 12DETAILED LIST OF CONFERENCES & EVENTS RELATED TO FIBERGLASS AND RELATED MARKETS, 2022–202381
5.20TARIFF AND REGULATIONS82
5.20.1REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS82
TABLE 13NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS82
TABLE 14EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS83
TABLE 15ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS84
TABLE 16REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS84
5.21PATENT ANALYSIS85
5.21.1INTRODUCTION85
5.21.2METHODOLOGY85
5.21.3DOCUMENT TYPE85
TABLE 17FIBERGLASS MARKET: GLOBAL PATENTS85
FIGURE 23GLOBAL PATENT ANALYSIS, BY DOCUMENT TYPE86
FIGURE 24GLOBAL PATENT PUBLICATION TREND: 2011-202186
5.21.4INSIGHTS86
5.21.5LEGAL STATUS OF PATENTS86
FIGURE 25FIBERGLASS MARKET: LEGAL STATUS OF PATENTS87
5.21.6JURISDICTION ANALYSIS87
FIGURE 26GLOBAL JURISDICTION ANALYSIS87
5.21.7TOP APPLICANTS' ANALYSIS88
FIGURE 27JOHNS MANVILLE REGISTERED HIGHEST NUMBER OF PATENTS88
5.21.8PATENTS BY JOHNS MANVILLE88
5.21.9PATENTS BY BOEING COMPANY89
5.21.10PATENTS BY OWENS CORNING90
5.21.11TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS90
5.22CASE STUDY ANALYSIS91
5.23TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS91
6FIBERGLASS MARKET, BY GLASS TYPE93
6.1INTRODUCTION94
FIGURE 28E-GLASS SEGMENT TO LEAD FIBERGLASS MARKET DURING FORECAST PERIOD94
TABLE 18FIBERGLASS MARKET SIZE, BY GLASS TYPE, 2018–2021 (USD MILLION)94
TABLE 19FIBERGLASS MARKET SIZE, BY GLASS TYPE, 2018–2021 (KILOTON)95
TABLE 20FIBERGLASS MARKET SIZE, BY GLASS TYPE, 2022–2027 (USD MILLION)95
TABLE 21FIBERGLASS MARKET SIZE, BY GLASS TYPE, 2022–2027 (KILOTON)95
6.2E-GLASS96
6.2.1MOST WIDELY USED GLASS TYPE IN FIBERGLASS MARKET96
FIGURE 29ASIA PACIFIC TO BE LARGEST E-GLASS FIBER MARKET96
6.2.2E-GLASS FIBER MARKET, BY REGION96
TABLE 22E-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)96
TABLE 23E-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (KILOTON)97
TABLE 24E-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)97
TABLE 25E-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (KILOTON)97
6.3ECR-GLASS98
6.3.1ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR ECR-GLASS98
FIGURE 30ASIA PACIFIC TO BE LARGEST ECR-GLASS FIBER MARKET98
6.3.2ECR-GLASS FIBER MARKET, BY REGION98
TABLE 26ECR-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)98
TABLE 27ECR-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (KILOTON)99
TABLE 28ECR-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)99
TABLE 29ECR-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (KILOTON)99
6.4H-GLASS100
6.4.1H-GLASS WIDELY USED IN ADVANCED COMPOSITES100
6.4.2H-GLASS FIBER MARKET, BY REGION100
TABLE 30H-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)100
TABLE 31H-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (KILOTON)100
TABLE 32H-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)101
TABLE 33H-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (KILOTON)101
6.5AR-GLASS102
6.5.1AR-GLASS REPLACING ASBESTOS IN CONSTRUCTION APPLICATION102
6.5.2AR-GLASS FIBER MARKET, BY REGION102
TABLE 34AR-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)102
TABLE 35AR-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (KILOTON)102
TABLE 36AR-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)102
TABLE 37AR-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (KILOTON)103
6.6S-GLASS103
6.6.1EUROPE TO BE LARGEST MARKET FOR S-GLASS SEGMENT103
6.6.2S-GLASS FIBER MARKET, BY REGION103
TABLE 38S-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)103
TABLE 39S-GLASS FIBER MARKET SIZE, BY REGION, 2018–2021 (KILOTON)104
TABLE 40S-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)104
TABLE 41S-GLASS FIBER MARKET SIZE, BY REGION, 2022–2027 (KILOTON)104
6.7OTHERS105
6.7.1OTHER GLASS TYPES: FIBERGLASS MARKET, BY REGION105
TABLE 42OTHER GLASS TYPES: FIBERGLASS MARKET SIZE, BY REGION,
2018–2021 (USD MILLION)105
TABLE 43OTHER GLASS TYPES: FIBERGLASS MARKET SIZE, 2018–2021 (KILOTON)105
TABLE 44OTHER GLASS TYPES: FIBERGLASS MARKET SIZE,
2022–2027 (USD MILLION)106
TABLE 45OTHER GLASS TYPES: FIBERGLASS MARKET SIZE, 2022–2027 (KILOTON)106
7FIBERGLASS MARKET, BY PRODUCT TYPE107
7.1INTRODUCTION108
FIGURE 31CHOPPED STRAND SEGMENT EXPECTED TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD108
TABLE 46FIBERGLASS MARKET SIZE, BY PRODUCT TYPE, 2018–2021 (USD MILLION)108
TABLE 47FIBERGLASS MARKET SIZE, BY PRODUCT TYPE, 2018–2021 (KILOTON)109
TABLE 48FIBERGLASS MARKET SIZE, BY PRODUCT TYPE, 2022–2027 (USD MILLION)109
TABLE 49FIBERGLASS MARKET SIZE, BY PRODUCT TYPE, 2022–2027 (KILOTON)109
7.2GLASS WOOL110
7.2.1GLASS WOOL USED AS THERMAL INSULATOR IN RESIDENTIAL WALLS AND CEILINGS TO REDUCE POWER CONSUMPTION110
FIGURE 32ASIA PACIFIC TO BE LARGEST GLASS WOOL MARKET110
7.2.2GLASS WOOL MARKET, BY REGION110
TABLE 50GLASS WOOL MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)110
TABLE 51GLASS WOOL MARKET SIZE, BY REGION, 2018–2021 (KILOTON)111
TABLE 52GLASS WOOL MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)111
TABLE 53GLASS WOOL MARKET SIZE, BY REGION, 2022–2027 (KILOTON)111
7.3DIRECT AND ASSEMBLED ROVING112
7.3.1HIGH DEMAND FROM CONSTRUCTION, INFRASTRUCTURE, AND WIND ENERGY112
7.3.2DIRECT AND ASSEMBLED ROVING MARKET, BY REGION112
TABLE 54DIRECT AND ASSEMBLED ROVING MARKET SIZE, BY REGION,
2018–2021 (USD MILLION)112
TABLE 55DIRECT AND ASSEMBLED ROVING MARKET SIZE, BY REGION,
2018–2021 (KILOTON)112
TABLE 56DIRECT AND ASSEMBLED ROVING MARKET SIZE, BY REGION,
2022–2027 (USD MILLION)113
TABLE 57DIRECT AND ASSEMBLED ROVING MARKET SIZE, BY REGION,
2022–2027 (KILOTON)113
7.4YARN114
7.4.1RISING DEMAND FOR ELECTRONICS AND CONSTRUCTION114
7.4.2YARN MARKET, BY REGION114
TABLE 58YARN MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)114
TABLE 59YARN MARKET SIZE, BY REGION, 2018–2021 (KILOTON)114
TABLE 60YARN MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)115
TABLE 61YARN MARKET SIZE, BY REGION, 2022–2027 (KILOTON)115
7.5CHOPPED STRAND116
7.5.1RISING AUTOMOBILE PRODUCTION IN ASIA PACIFIC AND EUROPE116
7.5.2CHOPPED STRAND MARKET, BY REGION116
TABLE 62CHOPPED STRAND MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)116
TABLE 63CHOPPED STRAND MARKET SIZE, BY REGION, 2018–2021 (KILOTON)116
TABLE 64CHOPPED STRAND MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)117
TABLE 65CHOPPED STRAND MARKET SIZE, BY REGION, 2022–2027 (KILOTON)117
7.6OTHERS118
7.6.1OTHER PRODUCT TYPES MARKET, BY REGION118
TABLE 66OTHER PRODUCT TYPES MARKET SIZE, BY REGION,
2018–2021 (USD MILLION)118
TABLE 67OTHER PRODUCT TYPES MARKET SIZE, BY REGION, 2018–2021 (KILOTON)118
TABLE 68OTHER PRODUCT TYPES MARKET SIZE, BY REGION,
2022–2027 (USD MILLION)118
TABLE 69OTHER PRODUCT TYPES MARKET SIZE, BY REGION, 2022–2027 (KILOTON)119
8FIBERGLASS MARKET, BY APPLICATION120
8.1INTRODUCTION121
FIGURE 33COMPOSITES SEGMENT EXPECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD121
TABLE 70FIBERGLASS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)121
TABLE 71FIBERGLASS MARKET SIZE, BY APPLICATION, 2018–2021 (KILOTON)121
TABLE 72FIBERGLASS MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)122
TABLE 73FIBERGLASS MARKET SIZE, BY APPLICATION, 2022–2027 (KILOTON)122
8.2COMPOSITES122
8.2.1COMPOSITES ACCOUNTED FOR LARGER MARKET SHARE122
FIGURE 34ASIA PACIFIC TO BE LARGEST FIBERGLASS COMPOSITES MARKET123
8.2.2FIBERGLASS MARKET IN COMPOSITES, BY REGION123
TABLE 74FIBERGLASS MARKET SIZE IN COMPOSITES, BY REGION,
2018–2021 (USD MILLION)123
TABLE 75FIBERGLASS MARKET SIZE IN COMPOSITES, BY REGION,
2018–2021 (KILOTON)123
TABLE 76FIBERGLASS MARKET SIZE IN COMPOSITES, BY REGION,
2022–2027 (USD MILLION)124
TABLE 77FIBERGLASS MARKET SIZE IN COMPOSITES, BY REGION,
2022–2027 (KILOTON)124
8.2.3IMPACT OF COVID-19 ON COMPOSITES INDUSTRY124
8.2.4FIBERGLASS MARKET SIZE IN COMPOSITES, BY END-USE INDUSTRY125
TABLE 78FIBERGLASS MARKET SIZE IN COMPOSITES, BY END-USE INDUSTRY,
2018–2021 (USD MILLION)125
TABLE 79FIBERGLASS MARKET SIZE IN COMPOSITES, BY END-USE INDUSTRY,
2018–2021 (KILOTON)125
TABLE 80FIBERGLASS MARKET SIZE IN COMPOSITES, BY END-USE INDUSTRY,
2022–2027 (USD MILLION)125
TABLE 81FIBERGLASS MARKET SIZE IN COMPOSITES, BY END-USE INDUSTRY,
2022–2027 (KILOTON)126
8.3CONSTRUCTION & INFRASTRUCTURE126
8.3.1TENSILE STRENGTH AND STRENGTH-TO-WEIGHT RATIO OF FIBERGLASS IDEAL FOR THIS SEGMENT126
8.3.2FIBERGLASS COMPOSITES MARKET IN CONSTRUCTION & INFRASTRUCTURE END-USE INDUSTRY, BY REGION127
TABLE 82FIBERGLASS COMPOSITES MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE, BY REGION, 2018–2021 (USD MILLION)127
TABLE 83FIBERGLASS COMPOSITES MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE, BY REGION, 2018–2021 (KILOTON)127
TABLE 84FIBERGLASS COMPOSITES MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE, BY REGION, 2022–2027 (USD MILLION)127
TABLE 85FIBERGLASS COMPOSITES MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE, BY REGION, 2022–2027 (KILOTON)128
8.3.3AUTOMOTIVE128
8.3.3.1Weight reduction, increased processing speed, and low VOC emissions encouraging fiberglass adoption128
8.3.4FIBERGLASS COMPOSITES MARKET IN AUTOMOTIVE END-USE INDUSTRY,
BY REGION129
TABLE 86FIBERGLASS COMPOSITES MARKET SIZE IN AUTOMOTIVE, BY REGION, 2018–2021 (USD MILLION)129
TABLE 87FIBERGLASS COMPOSITES MARKET SIZE IN AUTOMOTIVE, BY REGION, 2018–2021 (KILOTON)129
TABLE 88FIBERGLASS COMPOSITES MARKET SIZE IN AUTOMOTIVE, BY REGION, 2022–2027 (USD MILLION)129
TABLE 89FIBERGLASS COMPOSITES MARKET SIZE IN AUTOMOTIVE, BY REGION, 2022–2027 (KILOTON)130
8.3.5WIND ENERGY130
8.3.5.1High tensile strength of fiberglass composites driving demand in wind turbine blades manufacturing130
8.3.6FIBERGLASS COMPOSITES MARKET IN WIND ENERGY END-USE INDUSTRY, BY REGION130
TABLE 90FIBERGLASS COMPOSITES MARKET SIZE IN WIND ENERGY, BY REGION, 2018–2021 (USD MILLION)130
TABLE 91FIBERGLASS COMPOSITES MARKET SIZE IN WIND ENERGY, BY REGION, 2018–2021 (KILOTON)131
TABLE 92FIBERGLASS COMPOSITES MARKET SIZE IN WIND ENERGY, BY REGION, 2022–2027 (USD MILLION)131
TABLE 93FIBERGLASS COMPOSITES MARKET SIZE IN WIND ENERGY, BY REGION, 2022–2027 (KILOTON)131
8.3.7ELECTRONICS132
8.3.7.1High thermal resistance and electrical conductivity of fiberglass fueling adoption in electronics application132
8.3.8FIBERGLASS COMPOSITES MARKET IN ELECTRONICS END-USE INDUSTRY, BY REGION132
TABLE 94FIBERGLASS COMPOSITES MARKET SIZE IN ELECTRONICS, BY REGION, 2018–2021 (USD MILLION)132
TABLE 95FIBERGLASS COMPOSITES MARKET SIZE IN ELECTRONICS, BY REGION, 2018–2021 (KILOTON)132
TABLE 96FIBERGLASS COMPOSITES MARKET SIZE IN ELECTRONICS, BY REGION, 2022–2027 (USD MILLION)133
TABLE 97FIBERGLASS COMPOSITES MARKET SIZE IN ELECTRONICS, BY REGION, 2022–2027 (KILOTON)133
8.3.9AEROSPACE133
8.3.9.1S-glass and E-glass most widely used glass types in aerospace applications133
8.3.10FIBERGLASS COMPOSITES MARKET IN AEROSPACE END-USE INDUSTRY,
BY REGION134
TABLE 98FIBERGLASS COMPOSITES MARKET SIZE IN AEROSPACE, BY REGION,
2018–2021 (USD MILLION)134
TABLE 99FIBERGLASS COMPOSITES MARKET SIZE IN AEROSPACE, BY REGION,
2018–2021 (KILOTON)134
TABLE 100FIBERGLASS COMPOSITES MARKET SIZE IN AEROSPACE, BY REGION,
2022–2027 (USD MILLION)134
TABLE 101FIBERGLASS COMPOSITES MARKET SIZE IN AEROSPACE, BY REGION,
2022–2027 (KILOTON)135
8.3.11OTHERS135
8.3.12FIBERGLASS COMPOSITES MARKET IN OTHER END-USE INDUSTRIES,
BY REGION136
TABLE 102FIBERGLASS COMPOSITES MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2018–2021 (USD MILLION)136
TABLE 103FIBERGLASS COMPOSITES MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2018–2021 (KILOTON)136
TABLE 104FIBERGLASS COMPOSITES MARKET IN OTHER END-USE INDUSTRIES,
BY REGION, 2022–2027 (USD MILLION)136
TABLE 105FIBERGLASS COMPOSITES MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2022–2027 (KILOTON)137
8.4INSULATION137
8.4.1FIBERGLASS MARKET IN INSULATION, BY END-USE INDUSTRY137
TABLE 106FIBERGLASS MARKET SIZE IN INSULATION, BY END-USE INDUSTRY,
2018–2021 (USD MILLION)137
TABLE 107FIBERGLASS MARKET SIZE IN INSULATION, BY END-USE INDUSTRY,
2018–2021 (KILOTON)138
TABLE 108FIBERGLASS MARKET SIZE IN INSULATION, BY END-USE INDUSTRY,
2022–2027 (USD MILLION)138
TABLE 109FIBERGLASS MARKET SIZE IN INSULATION, BY END-USE INDUSTRY,
2022–2027 (KILOTON)138
8.4.2RESIDENTIAL CONSTRUCTION139
8.4.2.1Residential construction segment led fiberglass insulation market139
8.4.3FIBERGLASS INSULATION MARKET IN RESIDENTIAL CONSTRUCTION
END-USE INDUSTRY, BY REGION139
TABLE 110FIBERGLASS INSULATION MARKET SIZE IN RESIDENTIAL CONSTRUCTION,
BY REGION, 2018–2021 (USD MILLION)139
TABLE 111FIBERGLASS INSULATION MARKET SIZE IN RESIDENTIAL CONSTRUCTION,
BY REGION, 2018–2021 (KILOTON)139
TABLE 112FIBERGLASS INSULATION MARKET SIZE IN RESIDENTIAL CONSTRUCTION,
BY REGION, 2022–2027 (USD MILLION)140
TABLE 113FIBERGLASS INSULATION MARKET SIZE IN RESIDENTIAL CONSTRUCTION,
BY REGION, 2022–2027 (KILOTON)140
8.4.4NON-RESIDENTIAL CONSTRUCTION140
8.4.4.1Asia Pacific dominates market for fiberglass insulation in
non-residential construction140
8.4.5FIBERGLASS INSULATION MARKET IN NON-RESIDENTIAL CONSTRUCTION END-USE INDUSTRY, BY REGION141
TABLE 114FIBERGLASS INSULATION MARKET SIZE IN NON-RESIDENTIAL CONSTRUCTION, BY REGION, 2018–2021 (USD MILLION)141
TABLE 115FIBERGLASS INSULATION MARKET SIZE IN NON-RESIDENTIAL CONSTRUCTION, BY REGION, 2018–2021 (KILOTON)141
TABLE 116FIBERGLASS INSULATION MARKET SIZE IN NON-RESIDENTIAL CONSTRUCTION, BY REGION, 2022–2027 (USD MILLION)141
TABLE 117FIBERGLASS INSULATION MARKET SIZE IN NON-RESIDENTIAL CONSTRUCTION, BY REGION, 2022–2027 (KILOTON)142
8.4.6INDUSTRIAL142
8.4.6.1High demand for glass wool fiber to manufacture industrial pipes, power plant boilers, and smoke flues142
8.4.7FIBERGLASS INSULATION MARKET IN INDUSTRIAL END-USE INDUSTRY,
BY REGION142
TABLE 118FIBERGLASS INSULATION MARKET SIZE IN INDUSTRIAL, BY REGION,
2018–2021 (USD MILLION)142
TABLE 119FIBERGLASS INSULATION MARKET SIZE IN INDUSTRIAL, BY REGION,
2018–2021 (KILOTON)143
TABLE 120FIBERGLASS INSULATION MARKET SIZE IN INDUSTRIAL, BY REGION,
2022–2027 (USD MILLION)143
TABLE 121FIBERGLASS INSULATION MARKET SIZE IN INDUSTRIAL, BY REGION,
2022–2027 (KILOTON)143
8.4.8OTHERS144
8.4.9FIBERGLASS INSULATION MARKET IN OTHER END-USE INDUSTRIES,
BY REGION144
TABLE 122FIBERGLASS INSULATION MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2018–2021 (USD MILLION)144
TABLE 123FIBERGLASS INSULATION MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2018–2021 (KILOTON)144
TABLE 124FIBERGLASS INSULATION MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2022–2027 (USD MILLION)145
TABLE 125FIBERGLASS INSULATION MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2022–2027 (KILOTON)145
9FIBERGLASS MARKET, BY REGION146
9.1INTRODUCTION147
FIGURE 35INDONESIA TO BE FASTEST-GROWING FIBERGLASS MARKET DURING FORECAST PERIOD147
9.1.1FIBERGLASS MARKET, BY REGION147
TABLE 126FIBERGLASS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)147
TABLE 127FIBERGLASS MARKET SIZE, BY REGION, 2018–2021 (KILOTON)148
TABLE 128FIBERGLASS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)148
TABLE 129FIBERGLASS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)148
9.2NORTH AMERICA149
FIGURE 36NORTH AMERICA: FIBERGLASS MARKET SNAPSHOT149
9.2.1NORTH AMERICA: FIBERGLASS MARKET, BY COUNTRY150
TABLE 130NORTH AMERICA: FIBERGLASS MARKET SIZE, BY COUNTRY,
2018–2021 (USD MILLION)150
TABLE 131NORTH AMERICA: FIBERGLASS MARKET SIZE, BY COUNTRY,
2018–2021 (KILOTON)150
TABLE 132NORTH AMERICA: FIBERGLASS MARKET SIZE, BY COUNTRY,
2022–2027 (USD MILLION)150
TABLE 133NORTH AMERICA: FIBERGLASS MARKET SIZE, BY COUNTRY,
2022–2027 (KILOTON)150
9.2.2NORTH AMERICA: FIBERGLASS MARKET, BY GLASS TYPE151
TABLE 134NORTH AMERICA: FIBERGLASS MARKET SIZE, BY GLASS TYPE,
2018–2021 (USD MILLION)151
TABLE 135NORTH AMERICA: FIBERGLASS MARKET SIZE, BY GLASS TYPE,
2018–2021 (KILOTON)151
TABLE 136NORTH AMERICA: FIBERGLASS MARKET SIZE, BY GLASS TYPE,
2022–2027 (USD MILLION)152
TABLE 137NORTH AMERICA: FIBERGLASS MARKET SIZE, BY GLASS TYPE,
2022–2027 (KILOTON)152
9.2.3NORTH AMERICA: FIBERGLASS MARKET, BY PRODUCT TYPE152
TABLE 138NORTH AMERICA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)152
TABLE 139NORTH AMERICA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)153
TABLE 140NORTH AMERICA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)153
TABLE 141NORTH AMERICA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)153
9.2.4NORTH AMERICA: FIBERGLASS COMPOSITES MARKET,
BY END-USE INDUSTRY154
TABLE 142NORTH AMERICA: FIBERGLASS COMPOSITES MARKET SIZE,
BY END-USE INDUSTRY, 2018–2021 (USD MILLION)154
TABLE 143NORTH AMERICA: FIBERGLASS COMPOSITES MARKET SIZE,
BY END-USE INDUSTRY, 2018–2021 (KILOTON)154
TABLE 144NORTH AMERICA: FIBERGLASS COMPOSITES MARKET SIZE,
BY END-USE INDUSTRY, 2022–2027 (USD MILLION)155
TABLE 145NORTH AMERICA: FIBERGLASS COMPOSITES MARKET SIZE,
BY END-USE INDUSTRY, 2022–2027 (KILOTON)155
9.2.5NORTH AMERICA: FIBERGLASS INSULATION MARKET, BY END-USE INDUSTRY156
TABLE 146NORTH AMERICA: FIBERGLASS INSULATION MARKET SIZE,
BY END-USE INDUSTRY, 2018–2021 (USD MILLION)156
TABLE 147NORTH AMERICA: FIBERGLASS INSULATION MARKET SIZE,
BY END-USE INDUSTRY, 2018–2021 (KILOTON)156
TABLE 148NORTH AMERICA: FIBERGLASS INSULATION MARKET SIZE,
BY END-USE INDUSTRY, 2022–2027 (USD MILLION)156
TABLE 149NORTH AMERICA: FIBERGLASS INSULATION MARKET SIZE,
BY END-USE INDUSTRY, 2022–2027 (KILOTON)157
9.2.6US157
9.2.6.1US dominates fiberglass market in North America157
9.2.6.2US: Fiberglass market, by product type157
TABLE 150US: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)157
TABLE 151US: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE, 2018–2021 (KILOTON)158
TABLE 152US: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)158
TABLE 153US: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE, 2022–2027 (KILOTON)158
9.2.7CANADA159
9.2.7.1Presence of well-established aerospace industry fueling demand for fiberglass159
9.2.7.2Canada: Fiberglass market, by product type159
TABLE 154CANADA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)159
TABLE 155CANADA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)159
TABLE 156CANADA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)160
TABLE 157CANADA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)160
9.2.8MEXICO160
9.2.8.1Mexico witnessing increasing demand for fiberglass from automotive industry160
9.2.8.2Mexico: Fiberglass market, by product type160
TABLE 158MEXICO: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)160
TABLE 159MEXICO: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)161
TABLE 160MEXICO: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)161
TABLE 161MEXICO: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)161
9.3ASIA PACIFIC162
FIGURE 37ASIA PACIFIC: FIBERGLASS MARKET SNAPSHOT162
9.3.1ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY COUNTRY163
TABLE 162ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY COUNTRY,
2018–2021 (USD MILLION)163
TABLE 163ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY COUNTRY,
2018–2021 (KILOTON)163
TABLE 164ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY COUNTRY,
2022–2027 (USD MILLION)164
TABLE 165ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY COUNTRY,
2022–2027 (KILOTON)164
9.3.2ASIA PACIFIC: FIBERGLASS MARKET, BY GLASS TYPE165
TABLE 166ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY GLASS TYPE,
2018–2021 (USD MILLION)165
TABLE 167ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY GLASS TYPE,
2018–2021 (KILOTON)165
TABLE 168ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY GLASS TYPE,
2022–2027 (USD MILLION)165
TABLE 169ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY GLASS TYPE,
2022–2027 (KILOTON)166
9.3.3ASIA PACIFIC: FIBERGLASS MARKET, BY PRODUCT TYPE166
TABLE 170ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)166
TABLE 171ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)166
TABLE 172ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)167
TABLE 173ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)167
9.3.4ASIA PACIFIC: FIBERGLASS COMPOSITES MARKET, BY END-USE INDUSTRY167
TABLE 174ASIA PACIFIC: FIBERGLASS COMPOSITES MARKET SIZE,
BY END-USE INDUSTRY, 2018–2021 (USD MILLION)167
TABLE 175ASIA PACIFIC: FIBERGLASS COMPOSITES MARKET SIZE,
BY END-USE INDUSTRY, 2018–2021 (KILOTON)168
TABLE 176ASIA PACIFIC: FIBERGLASS COMPOSITES MARKET SIZE,
BY END-USE INDUSTRY, 2022–2027 (USD MILLION)168
TABLE 177ASIA PACIFIC: FIBERGLASS COMPOSITES MARKET SIZE,
BY END-USE INDUSTRY, 2022–2027 (KILOTON)168
9.3.5ASIA PACIFIC: FIBERGLASS INSULATION MARKET, BY END-USE INDUSTRY169
TABLE 178ASIA PACIFIC: FIBERGLASS INSULATION MARKET SIZE,
BY END-USE INDUSTRY, 2018–2021 (USD MILLION)169
TABLE 179ASIA PACIFIC: FIBERGLASS INSULATION MARKET SIZE,
BY END-USE INDUSTRY, 2018–2021 (KILOTON)169
TABLE 180ASIA PACIFIC: FIBERGLASS INSULATION MARKET SIZE,
BY END-USE INDUSTRY, 2022–2027 (USD MILLION)169
TABLE 181ASIA PACIFIC: FIBERGLASS INSULATION MARKET SIZE,
BY END-USE INDUSTRY, 2022–2027 (KILOTON)170
9.3.6CHINA170
9.3.6.1Presence of major fiberglass manufacturers fueling market170
9.3.6.2China: Fiberglass market, by product type170
TABLE 182CHINA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)170
TABLE 183CHINA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)171
TABLE 184CHINA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)171
TABLE 185CHINA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)171
9.3.7JAPAN172
9.3.7.1Direct and assembled roving segment dominates market in Japan172
9.3.7.2Japan: Fiberglass market, by product type172
TABLE 186JAPAN: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)172
TABLE 187JAPAN: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)172
TABLE 188JAPAN: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)173
TABLE 189JAPAN: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)173
9.3.8INDIA173
9.3.8.1Construction industry fueling demand for fiberglass products173
9.3.8.2India: Fiberglass market, by product type174
TABLE 190INDIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)174
TABLE 191INDIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)174
TABLE 192INDIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)174
TABLE 193INDIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)175
9.3.9SOUTH KOREA175
9.3.9.1Presence of major electronics companies propelled demand for fiberglass175
9.3.9.2South Korea: Fiberglass market, by product type175
TABLE 194SOUTH KOREA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)175
TABLE 195SOUTH KOREA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)176
TABLE 196SOUTH KOREA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)176
TABLE 197SOUTH KOREA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)176
9.3.10INDONESIA177
9.3.10.1Growing urban population and rising disposable income to drive construction industry177
9.3.10.2Indonesia: Fiberglass market, by product type177
TABLE 198INDONESIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)177
TABLE 199INDONESIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)177
TABLE 200INDONESIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)178
TABLE 201INDONESIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)178
9.3.11AUSTRALIA178
9.3.11.1Yarn segment to witness highest growth during forecast period178
9.3.11.2Australia: Fiberglass market, by product type178
TABLE 202AUSTRALIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)178
TABLE 203AUSTRALIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)179
TABLE 204AUSTRALIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)179
TABLE 205AUSTRALIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)179
9.3.12MALAYSIA180
9.3.12.1Growing demand for fiberglass from transportation and aerospace industries180
9.3.12.2Malaysia: Fiberglass market, by product type180
TABLE 206MALAYSIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (USD MILLION)180
TABLE 207MALAYSIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2018–2021 (KILOTON)180
TABLE 208MALAYSIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (USD MILLION)181
TABLE 209MALAYSIA: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE,
2022–2027 (KILOTON)181
9.3.13REST OF ASIA PACIFIC181
9.3.13.1Rest of Asia Pacific: Fiberglass market, by product type181
TABLE 210REST OF ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY PRODUCT TYPE, 2018–2021 (USD MILLION)181
TABLE 211REST OF ASIA PACIFIC: FIBERGLASS MARKET SIZE, BY
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