Market Overview:
The global fiberglass for aerospace market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for lightweight and durable aircraft components. Based on type, CFRP is expected to account for a major share of the global fiberglass for aerospace market in 2018. This can be attributed to its superior properties such as high stiffness-to-weight ratio and excellent fatigue resistance. GFRP is also anticipated to witness significant growth during the forecast period owing to its advantages such as low weight and good impact resistance. Based on application, structural parts are expected to account for a major share of the global fiberglass for aerospace market in 2018. This can be attributed due its ability reduce weight while maintaining strength and rigidity required in aircraft components.
Product Definition:
A fiberglass is a type of reinforced plastic made from glass fibers and resin. It is used in a variety of applications, including aerospace. Fiberglass is strong, lightweight, and resistant to corrosion.
CFRP:
CFRP stands for Carbon Fiber Reinforced Polymer. It is a carbon-based polymer with high tensile strength and good fatigue resistance. The product can be used in aerospace applications as an alternative to aluminum and steel, due to its lightweight property of less than half of that of aluminum or steel by volume, while having similar or better properties than their conventional counterparts.
GFRP:
GFRP stands for Glass Fiber Reinforced Plastic and it is a type of fiberglass that is used in the aerospace industry. It has superior properties such as lightweight, high strength, corrosion resistance, and electrical insulation which makes it suitable to be used in aircraft structures. GFRP also provides fire protection to the structure which makes it ideal for use in an airplane's wings or other parts that are exposed to fire hazard environment.
Application Insights:
The demand for the product in structural parts was valued at USD 7.5 billion in 2017 and is expected to witness significant growth over the forecast period owing to its ability to withstand high stress without undergoing any permanent deformation. The use of fiberglass reinforced plastic (FRP) products has enabled manufacturers to reduce the weight of a structure, which results in increased fuel efficiency and reduced emissions during take-off and landing.
The demand for fiberglass flooring is expected to grow at a CAGR of XX% from 2018 to 2030 on account of its lightweight properties, which make it suitable for aircraft interiors as well as exteriors thereby boosting product consumption over the forecast period. In addition, growing preference towards FRP flooring among low-cost carriers such as Southwest Airlines Co., Ltd., Volaris Colombia Flight College Inc., Vietnam Airlines Corporation are likely drive market growth further over the coming years (See Table 1).
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. The growth is attributed to the presence of major aircraft manufacturers such as Boeing and Airbus, which mandates the use of advanced materials for manufacturing airframe parts. Increasing demand for new-generation aircraft is also expected to drive product demand over the forecast period.
Asia Pacific was valued at USD X million in 2017 and is projected to witness significant growth over the forecast period owing to rapid development witnessed by various economies including China, India, Indonesia, Malaysia Thailand Vietnam among others are expected to boost industry expansion during the estimated time span.
Europe accounted for a significant share in terms of volume due mainly on high production volumes generated from Germany and UK aerospace industries that utilize fiberglass matrices extensively for manufacturing structural parts such as spacer panels.
Growth Factors:
- Growing demand for lightweight and durable materials in the aerospace industry
- Increasing use of fiberglass in aircraft and spacecraft components
- Technological advancements that have led to the development of new fiberglass products and applications
- Rising demand from emerging markets such as China and India
- Growing awareness about the benefits of fiberglass among end-users
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiberglass for Aerospace Market Research Report
By Type
CFRP, GFRP, Other
By Application
Structural Parts, Flooring, Closets, Cargo Liners, and Seating, Luggage Bins and Storage Racks, Other
By Companies
Jushi Group, PPG Industries, Saint-Gobain, China Beihai Fiberglass, AGY, Braj Binani Group, Chongqing Polycomp International, KCC, Knauf Insulation, Taishan Fiberglass, Jushi Group
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Fiberglass for Aerospace Market Report Segments:
The global Fiberglass for Aerospace market is segmented on the basis of:
Types
CFRP, GFRP, Other
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
Structural Parts, Flooring, Closets, Cargo Liners, and Seating, Luggage Bins and Storage Racks, 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:
- Jushi Group
- PPG Industries
- Saint-Gobain
- China Beihai Fiberglass
- AGY
- Braj Binani Group
- Chongqing Polycomp International
- KCC
- Knauf Insulation
- Taishan Fiberglass
- Jushi Group
Highlights of The Fiberglass for Aerospace 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:
- CFRP
- GFRP
- Other
- By Application:
- Structural Parts
- Flooring, Closets, Cargo Liners, and Seating
- Luggage Bins and Storage Racks
- 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 for Aerospace 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 is a material that is used in aerospace for a variety of reasons. Fiberglass can be used to create parts that are lightweight and strong, making them ideal for aircraft use. Additionally, fiberglass can be heat-treated to make it resistant to fire and other elements.
Some of the major companies in the fiberglass for aerospace market are Jushi Group, PPG Industries, Saint-Gobain, China Beihai Fiberglass, AGY, Braj Binani Group, Chongqing Polycomp International, KCC, Knauf Insulation, Taishan Fiberglass, Jushi Group.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fiberglass for Aerospace Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fiberglass for Aerospace Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fiberglass for Aerospace Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fiberglass for Aerospace Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fiberglass for Aerospace Market Size & Forecast, 2020-2028
4.5.1 Fiberglass for Aerospace Market Size and Y-o-Y Growth
4.5.2 Fiberglass for Aerospace Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 CFRP
5.2.2 GFRP
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Structural Parts
6.2.2 Flooring
6.2.3 Closets
6.2.4 Cargo Liners
6.2.5 and Seating
6.2.6 Luggage Bins and Storage Racks
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fiberglass for Aerospace Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fiberglass for Aerospace Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 CFRP
9.6.2 GFRP
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Structural Parts
9.10.2 Flooring
9.10.3 Closets
9.10.4 Cargo Liners
9.10.5 and Seating
9.10.6 Luggage Bins and Storage Racks
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 CFRP
10.6.2 GFRP
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Structural Parts
10.10.2 Flooring
10.10.3 Closets
10.10.4 Cargo Liners
10.10.5 and Seating
10.10.6 Luggage Bins and Storage Racks
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 CFRP
11.6.2 GFRP
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Structural Parts
11.10.2 Flooring
11.10.3 Closets
11.10.4 Cargo Liners
11.10.5 and Seating
11.10.6 Luggage Bins and Storage Racks
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 CFRP
12.6.2 GFRP
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Structural Parts
12.10.2 Flooring
12.10.3 Closets
12.10.4 Cargo Liners
12.10.5 and Seating
12.10.6 Luggage Bins and Storage Racks
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 CFRP
13.6.2 GFRP
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Structural Parts
13.10.2 Flooring
13.10.3 Closets
13.10.4 Cargo Liners
13.10.5 and Seating
13.10.6 Luggage Bins and Storage Racks
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fiberglass for Aerospace Market: Competitive Dashboard
14.2 Global Fiberglass for Aerospace Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Jushi Group
14.3.2 PPG Industries
14.3.3 Saint-Gobain
14.3.4 China Beihai Fiberglass
14.3.5 AGY
14.3.6 Braj Binani Group
14.3.7 Chongqing Polycomp International
14.3.8 KCC
14.3.9 Knauf Insulation
14.3.10 Taishan Fiberglass
14.3.11 Jushi Group
