Market Overview:
The global fiberglass roving market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fiberglass roving from transportation, electrical & electronics, construction, marine, aerospace and other applications. Asia Pacific is expected to be the fastest growing region in the global fiberglass roving market during the forecast period.
Product Definition:
A fiberglass roving is a fiberglass strand that is used as the primary reinforcement in composite materials. It is composed of multiple filaments of glass that are twisted together and then woven into a fabric. The roving provides strength and stiffness to the material, and it can be used in both wet and dry applications.
Single-end Roving:
Single-end roving is a continuous fiberglass supply that can be used to make custom cable. It has applications in telecommunication, power transmission and distribution, oil & gas pipeline industry, marine and defense industries. The single-end roving market is expected to grow at a significant rate owing to the growing demand for customized fiberglass cables from various end-use industries such as telecom/data/voice etc.
Multi-end Roving:
Multi-end roving is a new term in the fiberglass roving industry. It means that the core of multi-end roving consists of more than one yarn and it can have more than two ends. The most common form is a multi-strand yarn with three or four fibers, which are woven together to form an end ply.
Application Insights:
The construction application segment led the global fiberglass roving market in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing demand for residential, commercial, and industrial buildings across various regions. Fiberglass roving finds applications in non-structural as well as structural components of a building including floors, countertops, kitchen cabinets interiors etc.
Roving is used extensively in marine applications owing to its properties such as resistance towards water & moisture damage coupled with ease of installation & removal on account of its small size makes it suitable for use on boats & ships hulls among other structures involved in maritime activities such as mooring chains and cables. The product also helps reduce corrosion caused by seawater when laid down under a ship¢â‚¬â„¢s hull along with providing protection against barnacles which increases the lifespan of a ship's hull significantly.
Regional Analysis:
North America dominated the global market in 2017. The growth is majorly attributed to the growing demand for roving from various end-use industries such as transportation, construction, and electrical & electronics. In North America, the U.S., in particular, has a well-established manufacturing sector with high production capabilities of fiberglass products; hence it accounted for a significant share of overall revenue generation in 2017.
Asia Pacific is expected to emerge as one of the fastest-growing regional markets over the forecast period owing to rapid industrialization and increasing per capita income levels among developing countries such as China and India are anticipated to boost consumer spending on household goods including furniture and flooring materials including rugs which will further drive industry expansion over next eight years or so.
Growth Factors:
- Increasing demand from end-use industries such as construction, transportation, and wind energy
- Growing popularity of fiberglass roving in marine applications
- Rising demand for lightweight and durable materials in automotive industry
- Technological advancements in manufacturing processes of fiberglass roving
- Growing awareness about the benefits of fiberglass roving among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiberglass Roving Market Research Report
By Type
Single-end Roving, Multi-end Roving, Chopped Roving
By Application
Transportation, Electrical & Electronics, Construction, Marine, Aerospace, Other
By Companies
Owens Corning (US), Jushi Group, (China), Johns Manville Corporation (US), Chongqing Polycomp International Corporation (China)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Fiberglass Roving Market Report Segments:
The global Fiberglass Roving market is segmented on the basis of:
Types
Single-end Roving, Multi-end Roving, Chopped Roving
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation, Electrical & Electronics, Construction, Marine, Aerospace, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Owens Corning (US)
- Jushi Group, (China)
- Johns Manville Corporation (US)
- Chongqing Polycomp International Corporation (China)
Highlights of The Fiberglass Roving Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single-end Roving
- Multi-end Roving
- Chopped Roving
- By Application:
- Transportation
- Electrical & Electronics
- Construction
- Marine
- Aerospace
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fiberglass Roving Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fiberglass roving is a type of fiberglass fabric that is made from strands of glass that are woven together. It has a very smooth surface and can be used for a variety of applications, including boatbuilding, furniture making, and window coverings.
Some of the key players operating in the fiberglass roving market are Owens Corning (US), Jushi Group, (China), Johns Manville Corporation (US), Chongqing Polycomp International Corporation (China).
The fiberglass roving market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fiberglass Roving Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fiberglass Roving Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fiberglass Roving Market - Supply Chain
4.5. Global Fiberglass Roving Market Forecast
4.5.1. Fiberglass Roving Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fiberglass Roving Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fiberglass Roving Market Absolute $ Opportunity
5. Global Fiberglass Roving Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fiberglass Roving Market Size and Volume Forecast by Type
5.3.1. Single-end Roving
5.3.2. Multi-end Roving
5.3.3. Chopped Roving
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fiberglass Roving Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fiberglass Roving Market Size and Volume Forecast by Application
6.3.1. Transportation
6.3.2. Electrical & Electronics
6.3.3. Construction
6.3.4. Marine
6.3.5. Aerospace
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fiberglass Roving Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fiberglass Roving Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fiberglass Roving Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fiberglass Roving Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fiberglass Roving Demand Share Forecast, 2019-2026
9. North America Fiberglass Roving Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fiberglass Roving Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fiberglass Roving Market Size and Volume Forecast by Application
9.4.1. Transportation
9.4.2. Electrical & Electronics
9.4.3. Construction
9.4.4. Marine
9.4.5. Aerospace
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fiberglass Roving Market Size and Volume Forecast by Type
9.7.1. Single-end Roving
9.7.2. Multi-end Roving
9.7.3. Chopped Roving
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fiberglass Roving Demand Share Forecast, 2019-2026
10. Latin America Fiberglass Roving Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fiberglass Roving Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fiberglass Roving Market Size and Volume Forecast by Application
10.4.1. Transportation
10.4.2. Electrical & Electronics
10.4.3. Construction
10.4.4. Marine
10.4.5. Aerospace
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fiberglass Roving Market Size and Volume Forecast by Type
10.7.1. Single-end Roving
10.7.2. Multi-end Roving
10.7.3. Chopped Roving
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fiberglass Roving Demand Share Forecast, 2019-2026
11. Europe Fiberglass Roving Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fiberglass Roving Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fiberglass Roving Market Size and Volume Forecast by Application
11.4.1. Transportation
11.4.2. Electrical & Electronics
11.4.3. Construction
11.4.4. Marine
11.4.5. Aerospace
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fiberglass Roving Market Size and Volume Forecast by Type
11.7.1. Single-end Roving
11.7.2. Multi-end Roving
11.7.3. Chopped Roving
11.8. Basis Point Share (BPS) Analysis y Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fiberglass Roving Demand Share, 2019-2026
12. Asia Pacific Fiberglass Roving Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fiberglass Roving Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fiberglass Roving Market Size and Volume Forecast by Application
12.4.1. Transportation
12.4.2. Electrical & Electronics
12.4.3. Construction
12.4.4. Marine
12.4.5. Aerospace
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fiberglass Roving Market Size and Volume Forecast by Type
12.7.1. Single-end Roving
12.7.2. Multi-end Roving
12.7.3. Chopped Roving
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fiberglass Roving Demand Share, 2019-2026
13. Middle East & Africa Fiberglass Roving Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fiberglass Roving Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fiberglass Roving Market Size and Volume Forecast by Application
13.4.1. Transportation
13.4.2. Electrical & Electronics
13.4.3. Construction
13.4.4. Marine
13.4.5. Aerospace
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fiberglass Roving Market Size and Volume Forecast by Type
13.7.1. Single-end Roving
13.7.2. Multi-end Roving
13.7.3. Chopped Roving
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fiberglass Roving Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fiberglass Roving Market: Market Share Analysis
14.2. Fiberglass Roving Distributors and Customers
14.3. Fiberglass Roving Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Owens Corning (US)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Jushi Group, (China)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Johns Manville Corporation (US)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Chongqing Polycomp International Corporation (China)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
