Report Synopsis
Attributed to the slowdown in global economy and industrial activities worldwide amid the impact of novel coronavirus pandemic, global market for Glass Fiber Reinforcements has witnessed a significant decline in terms of both volumes and value. Recovering from the pandemic impact, global market is projected to reach 8.2 million metric tons by 2026, reflecting a CAGR of 5.9% during 2020-2026 analysis period, driven mainly by growth in the key application areas such as aerospace, automotive & transportation, pipes & tanks and wind energy.

While almost all application sectors of Glass Fiber Reinforcements were impacted negatively by the COVID-19 pandemic, Wind Energy sector has generally not had any negative impact but rather demand was accelerated at a healthy rate in 2020. According to statistics published by the World Wind Energy Association, the industry added a record 93 gigawatts of wind power capacity worldwide within the year 2020. The overall market for Glass Fiber Reinforcements, globally, is estimated to be 6.2 million, valued at $9.7 billion in 2021.

Research Findings & Coverage
 
  • Worldwide market for Glass Fiber Reinforcements is analyzed in this report with respect to end-use applications, product forms, major geographic regions and key countries
  • The study provides market size and extensively analyzes each major end-use application and product form of Glass Fiber Reinforcements for the analysis period in each region/country
  • The report exclusively analyzes the Covid-19 Pandemic impact on the market for Glass Fiber Reinforcements
  • Wind Energy Continue to Propel Demand for Glass Fiber Reinforcements
  • Key business trends focusing on product innovations/developments, capacity expansions, M&As, JVs and other recent industry developments
  • Major companies profiled – 72
  • The industry guide includes the contact details for 149 companies
Product Outline
The report analyzes the market for End-use Applications of Glass Fiber Reinforcements analyzed including:
  • Automotive & Transportation
  • Marine
  • Wind Energy
  • Pipes & Tanks
  • Building & Construction
  • Electricals & Electronics
  • Consumer Goods
  • Aerospace & Defense
  • Other
Global market for product forms of Glass Fiber Reinforcements explored in this study includes:
  • Single-end Rovings
  • Multi-end Rovings
  • Woven Rovings
  • Chopped Strands
  • Chopped Strand Mat (CSM)
  • Continuous Filament Mat (CFM)
  • Fabrics
  • Others
Analysis Period, Units and Growth Rates
  • The report reviews, analyzes and projects the global Glass Fiber Reinforcements market for the period 2017-2026 in terms of volumes in metric tons and market value in US$ and the compound annual growth rates (CAGRs) projected from 2020 through to 2026 with a special focus on the pandemic impact and Y-o-Ygrowth for 2019-2020
Geographic Coverage
  • NorthAmerica (United States and Canada)
  • Europe(Germany, France, Italy, the United Kingdom, Spain and Rest of Europe)
  • Asia-Pacific(China, Japan, India, South Korea and Rest of Asia-Pacific)
  • Restof World (Russia, Brazil, Turkey and others)