Nonwoven Fiberglass Fabric Trends and Forecast
The future of the global nonwoven fiberglass fabric market looks promising with opportunities in the aerospace & defense, construction, electrical & electronics, marine, transportation, and wind energy markets. The global nonwoven fiberglass fabric market is expected to reach an estimated $8.0 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are increasing use of this fabric in filtration applications, growing demand for lightweight and durable materials in the construction industry, and rising infrastructure development projects globally.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Nonwoven Fiberglass Fabric by Segment
The study includes a forecast for the global nonwoven fiberglass fabric by type, application, and region.
Nonwoven Fiberglass Fabric Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• E-Glass
• S-Glass
• Others
Nonwoven Fiberglass Fabric Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Aerospace & Defense
• Construction
• Electrical & Electronics
• Marine
• Transportation
• Wind Energy
• Others
Nonwoven Fiberglass Fabric Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Nonwoven Fiberglass Fabric Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies nonwoven fiberglass fabric companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the nonwoven fiberglass fabric companies profiled in this report include-
• Owens Corning
• Hexcel
• BGF Industries
• Auburn Manufacturing
• Amatex
• TEI Corporation
• Atlanta Fiberglass
Nonwoven Fiberglass Fabric Market Insights
Lucintel forecasts that e-glass is expected to witness the higher growth over the forecast period.
Within this market, wind energy is expected to witness the highest growth due to substantial usage of nonwoven fiberglass fabric in this sector given to itÄX%$%Xs lightweight and durable properties, making them ideal for wind turbine blades.
APAC is expected to witness highest growth over the forecast period due to increasing government initiatives promoting fiberglass for energy-saving buildings and wind energy infrastructure in the region.
Features of the Global Nonwoven Fiberglass Fabric Market
Market Size Estimates: Nonwoven fiberglass fabric market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Nonwoven fiberglass fabric market size by type, application, and region in terms of value ($B).
Regional Analysis: Nonwoven fiberglass fabric market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the nonwoven fiberglass fabric market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the nonwoven fiberglass fabric market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the nonwoven fiberglass fabric market size?
Answer: The global nonwoven fiberglass fabric market is expected to reach an estimated $8.0 billion by 2030.
Q2. What is the growth forecast for nonwoven fiberglass fabric market?
Answer: The global nonwoven fiberglass fabric market is expected to grow with a CAGR of 6.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the nonwoven fiberglass fabric market?
Answer: The major drivers for this market are increasing use of this fabric in filtration applications, growing demand for lightweight and durable materials in the construction industry, and rising infrastructure development projects globally.
Q4. What are the major segments for nonwoven fiberglass fabric market?
Answer: The future of the nonwoven fiberglass fabric market looks promising with opportunities in the aerospace & defense, construction, electrical & electronics, marine, transportation, and wind energy markets.
Q5. Who are the key nonwoven fiberglass fabric market companies?
Answer: Some of the key nonwoven fiberglass fabric companies are as follows:
• Owens Corning
• Hexcel
• BGF Industries
• Auburn Manufacturing
• Amatex
• TEI Corporation
• Atlanta Fiberglass
Q6. Which nonwoven fiberglass fabric market segment will be the largest in future?
Answer: Lucintel forecasts that e-glass is expected to witness the higher growth over the forecast period.
Q7. In nonwoven fiberglass fabric market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to increasing government initiatives promoting fiberglass for energy-saving buildings and wind energy infrastructure in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the nonwoven fiberglass fabric market by type (e-glass, s-glass, and others), application (aerospace & defense, construction, electrical & electronics, marine, transportation, wind energy, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Nonwoven Fiberglass Fabric Market, Nonwoven Fiberglass Fabric Market Size, Nonwoven Fiberglass Fabric Market Growth, Nonwoven Fiberglass Fabric Market Analysis, Nonwoven Fiberglass Fabric Market Report, Nonwoven Fiberglass Fabric Market Share, Nonwoven Fiberglass Fabric Market Trends, Nonwoven Fiberglass Fabric Market Forecast, Nonwoven Fiberglass Fabric Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.