According to The Insight Partners’ Latest Study on “Fiberglass Fabric Market Forecast to 2028″ Includes Covid-19 Impact and Global Analysis – by Fiber Type (E-Glass Fabric, Others); Fabric Type (Woven Fiberglass Fabric, Non-Woven Fiberglass Fabric); Application (Wind Energy, Transportation, Electrical and Electronics, Marine, Construction, Aerospace and Defense, Others) and Geography
Fiberglass fabric is a strong, low weight material that is predominantly used as a reinforcement material across the composite materials industry. It can be folded, draped, or rolled like any loosely woven fabric. It can also be transformed into solid sheets with high strength by adding epoxy and polyester resins. Fiberglass is increasingly being used in the general engineering industries to manufacture industrial gaskets as it offers an effective thermal barrier owing to its remarkable thermal insulation properties.
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The pervasive uses of fiberglass fabric as a popular reinforcement material in the composite construction and repair work has spurred the demand for fiberglass fabrics in the recent period. Fiberglass fabrics have seen a surge in consumption owing to their uses in the construction of lightweight and durable wind turbine blades. The transition from fossil-based fuels to clean energy has benefitted the wind energy sector and subsequently given an impetus to the use of composite materials in the construction of turbine blades. Also, the increasing importance of fiberglass fabrics as thermal insulators in power plants is expected to boost the sales of fiberglass fabrics. The burgeoning demand for fiberglass fabrics in the manufacturing of high-pressure laminates for PCBs (Printed Circuit Boards) used in modern consumer electronics is anticipated to stimulate the growth of the fiberglass fabrics globally.
MARKET SCOPE
“Global Fiberglass Fabric Market Analysis to 2028” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fiberglass fabric market with detailed market segmentation by fiber type, fabric type, application, and geography. The global fiberglass fabric market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fiberglass fabric market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fiberglass fabric market is segmented on the basis of fiber type, fabric type, and application. On the basis of fiber type, the fiberglass fabric market is segmented into e-glass fabric and others. The fiberglass fabric market on the basis of fabric type is classified into woven fiberglass fabric and non-woven fiberglass fabric. Based on application, the global fiberglass fabric market is divided into wind energy, transportation, electrical & electronics, marine, construction, aerospace & defense, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global fiberglass fabric market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The fiberglass fabric market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fiberglass fabric market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the fiberglass fabric market in these regions.
MARKET PLAYERS
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fiberglass fabric market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Auburn Manufacturing, Inc.
- BGF Industries, Inc.
- Chomarat Textile Industries
- Gurit Holding AG
- Hexcel Corporation
- Jushi Group Co., Ltd.
- Owens Corning
- Saertex GmbH & Co.Kg.
- Saint-Gobain Performance Plastics
- Tah Tong Textile Co. Ltd.
Impacts of Covid-19 on the Fiberglass Fabric Market:
The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Fiberglass Fabric Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of COVID -19 Situation.
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