Market Report · July 31, 2026
Report Feature
Due to the rapid growth in the Chinese Fiber glass industry in the last 5 years, China has become the biggest fiber glass producer in the world and by next 4-5 years its demand is going to surpass USA as mentioned in this new report titled “Opportunities in Chinese Fiberglass Market 2008-2013: Trend, Forecast and Market analysis” published by Lucintel. According to Lucintel, the Chinese Fiber Glass industry is slated to grow to 1257.8 Kton (2319 million dollar) by 2013.
There are some significant driving factors for the growth of Chinese fiberglass consumption and production in addition to the general economic drivers. Along with liberalization and privatization of Chinese industries, China’s entry into the World Trade Organization in 2001, and massive foreign direct investment (over $70 billion in 2007 alone), many other factors favor continued fiberglass production growth in China including:
- Economic Growth
- Improved Quality of Product
- Cost Advantage
- Sectoral boom in pipe, tank, construction, wind segments
This rapid increase in production capacity created a gap in demand and supply of Fiber Glass in China. This report examines t
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Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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