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Fiberglass Fabric Market Share

  • Report ID: GMI7931
  • Published Date: Jan 2024
  • Report Format: PDF

Fiberglass Fabric Market Share 

The fiberglass fabric industry is notably influenced by key industry players, and prominent companies like Owens Corning, Saint-Gobain, Jushi Group, Nippon Electric Glass Co., Ltd., and Johns Manville collectively command a substantial share of the global market. Owens Corning and Saint-Gobain, being industry giants, contribute significantly to the market share with their extensive product portfolios and global reach. Jushi Group, a major player in the fiberglass industry, also plays a crucial role in shaping market dynamics, particularly in the Asia-Pacific region. Nippon Electric Glass Co., Ltd., with its strong presence in the Asian market, further adds to the overall market share.
 

 Johns Manville, a well-established player, contributes to the North American market and enhances the competitive landscape. Together, these companies collectively cover a 50%-60% of the global market share, leveraging their diverse capabilities, extensive distribution networks, and innovative product offerings to shape the trajectory of the industry. While specific market share percentages may vary based on the timeframe and market conditions, collectively, these companies represent a significant force in driving the growth and development of the market on a global scale.
 

Fiberglass Fabric Market Companies

Some of the major market players operating in the fiberglass fabric industry are:

  • AGY International
  • China Fiberglass Corporation
  • Johns Manville
  • Jushi Group
  • Nippon Electric Glass Co., Ltd.
  • Owens Corning
  • Saint-Gobain
  • Tsurumi Seisakusho Co., Ltd
  • Vetrotex Saint-Gobain Composites
     

These players focus on strategic partnerships, new Fiber Type launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative Categories and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industry size for fiberglass fabric was valued at around USD 14.4 billion in 2023 and is estimated to reach USD 25 billion by 2032, owing to notable support from government for promoting renewable energy and infrastructure development.

E-glass segment held a notable market share and was worth USD 8.9 billion in 2023, due to the exceptional balance of properties, making it versatile for a wide range of applications.

Asia Pacific market for fiberglass fabric was valued at USD 5.1 billion in 2023 and is anticipated to expand at a significant pace from 2024-2032, attributed to the rapid industrialization and urbanization in countries like China and India.

AGY International, Vetrotex Saint-Gobain Composites, China Fiberglass Corporation, Tsurumi Seisakusho Co., Ltd, Johns Manville, Saint-Gobain, Jushi Group, Owens Corning and Nippon Electric Glass Co., Ltd.

Fiberglass Fabric Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 191
  • Countries covered: 21
  • Pages: 200
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