Fiberglass Building Products Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030
Fiberglass materials are used in building products, including in mesh products, these are used for façade reinforcement and to prevent cracks on walls. Mesh fabric is a major component of insulation systems. In walls and ceiling, fiberglass is used for decorations and renovations. It is also used for protection from fire. In drywall tapes, these materials are used to increase the strength of joints and as repair solutions.
The fiberglass building products market will be dominated by the non-residential segment during the next four years and this mainly due to the rapid expansion by automotive manufacturers. Factors such as the significant increase in the number of office buildings and other constructions such as café, hospitals, theme parks, shopping malls, and retails stores will also fuel the growth of this segment in the fiberglass building products market. Additionally, the growing demand from the entertainment, education, and healthcare sectors in the developing economies such as China, India, Indonesia, and Brazil, will promote the growth of this market segment.
Owing to an increase in construction projects in emerging economies such as China, India, and Indonesia, APAC accounted for the major share of the fiberglass building products market. The rapidly growing urban population in China that contributes to the demand for several public infrastructure and housing units and the frequent changes in government policies that will drive investments in the construction industry in this region, will also enhance the growth of the market in APAC over the next few years.
The Global Fiberglass Building Products Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.
In the global Fiberglass Building Products Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Braj Binani Group
China Beihai Fiberglass
Johns Manville
Jushi Group
Phifer
PPG Industries
Saint-Gobain
Chongqing Polycomp International
Enduro
KCC Fiberglass
Knauf Insulation
Taishan Fiberglass
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
CFRP
GFRP
Other
In Market segmentation by applications :
Residential
Non-residential
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Fiberglass Building Products Market for the forecast period 2023-2030?
• What are the driving forces in the Fiberglass Building Products Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Fiberglass Building Products industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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