Market Overview:
The global fiberglass tubing market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fiberglass tubing from various end-use industries, such as hospitals, industrial applications, and electronic applications. In addition, the growing demand for fiberglass tubing in emerging economies is also contributing to the growth of this market. On the basis of type, the global fiberglass tubing market can be segmented into silicon resin coating and polyurethane coating. Silicon resin coatings are more popular than polyurethane coatings and are expected to witness higher growth during the forecast period.
Product Definition:
Fiberglass tubing is a type of fiberglass that is used for manufacturing tubes. It has good mechanical properties and can be used for various purposes, such as transportation of fluids, gas or other materials.
Silicon Resin Coating:
Silicon resin coating is a thin film applied on fiberglass or carbon composites. It provides hardness, anti-corrosion, and electrical insulation properties to the material it's applied to. Silicon resin coatings are used in various industries including oil & gas, chemical processing, power generation and others owing to its beneficial properties such as corrosion resistance along with high strength which further propels its usage in the aforementioned end-use industries.
Polyurethane Coating:
Polyurethane coatings are used on fiberglass tubing for various applications such as sealing and coating the interior surface of the fiberglass. The exterior surface of the fiberglass is finished with a high-pressure laminar flow waterborne acrylic finish.
The polyurethane coating acts as an adhesive, sealant, and protective material all in one.
Application Insights:
The hospital application segment led the global market and accounted for more than 34.0% share of the total revenue in 2017. The segment is projected to witness significant growth over the forecast period owing to increasing demand for fiberglass tubes in hospitals, clinics, and other healthcare facilities. These products are used as a protective layer against biological agents that may be harmful if entered into any part of the body via traditional medical channels.
The industrial application segment was valued at USD 281 million in 2017 and is expected to witness significant growth over the next six years on account of rising product demand from various industries including oil & gas, chemical, power generation plants etc., throughout different parts of a pipeline system such as elbows or bends where high pressure occurs or where there is potential risk of kinking or bending stress being applied to it due to its flexibility property which helps avoid any damage caused by such stress applications.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of major players such as DuPont and General Electric that are involved in extensive research & development activities for developing advanced products. The region is expected to continue its dominance over the forecast period owing to growing demand from various end-use industries such as construction, automotive, marine, aerospace and others across U.S., Canada and Mexico countries.
Growth Factors:
- Increasing demand from the automotive industry for lightweight and durable components
- Growing popularity of fiberglass tubing in medical applications due to its biocompatibility and non-toxicity
- Rising demand for fiberglass tubing in the construction industry as a replacement for traditional materials such as metal and PVC
- Technological advancements that have led to the development of new applications for fiberglass tubing, such as aerospace and marine engineering
- The increasing use of fiberglass tubing in renewable energy applications, owing to its high strength-to-weight ratio
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiberglass Tubing Market Research Report
By Type
Silicon Resin Coating, Polyurethane Coating
By Application
Hospital Application, Industrial Application, Electronic Application, Others
By Companies
Amalga Composites, GoodWinds, Howard J.Moore Company, Ryan Herco Flow Solutions, Norplex Micarta, MinVasive Components, Monroe, TECHNICAL PLASTICS, Resdel Corporation, Dorco
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Fiberglass Tubing Market Report Segments:
The global Fiberglass Tubing market is segmented on the basis of:
Types
Silicon Resin Coating, Polyurethane Coating
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
Hospital Application, Industrial Application, Electronic Application, Others
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:
- Amalga Composites
- GoodWinds
- Howard J.Moore Company
- Ryan Herco Flow Solutions
- Norplex Micarta
- MinVasive Components
- Monroe
- TECHNICAL PLASTICS
- Resdel Corporation
- Dorco
Highlights of The Fiberglass Tubing 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:
- Silicon Resin Coating
- Polyurethane Coating
- By Application:
- Hospital Application
- Industrial Application
- Electronic Application
- Others
- 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 Tubing 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 tubing is a type of plastic tubing made from glass fibers that have been heated and then drawn into a tube. It is often used in plumbing and heating systems because it is strong, lightweight, and has a low thermal expansion rate.
Some of the key players operating in the fiberglass tubing market are Amalga Composites, GoodWinds, Howard J.Moore Company, Ryan Herco Flow Solutions, Norplex Micarta, MinVasive Components, Monroe, TECHNICAL PLASTICS, Resdel Corporation, Dorco.
The fiberglass tubing market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fiberglass Tubing 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 Tubing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fiberglass Tubing 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 Tubing 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 Tubing Market Size & Forecast, 2020-2028
4.5.1 Fiberglass Tubing Market Size and Y-o-Y Growth
4.5.2 Fiberglass Tubing 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 Silicon Resin Coating
5.2.2 Polyurethane Coating
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 Hospital Application
6.2.2 Industrial Application
6.2.3 Electronic Application
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fiberglass Tubing 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 Tubing 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 Silicon Resin Coating
9.6.2 Polyurethane Coating
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 Hospital Application
9.10.2 Industrial Application
9.10.3 Electronic Application
9.10.4 Others
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 Silicon Resin Coating
10.6.2 Polyurethane Coating
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 Hospital Application
10.10.2 Industrial Application
10.10.3 Electronic Application
10.10.4 Others
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 Silicon Resin Coating
11.6.2 Polyurethane Coating
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 Hospital Application
11.10.2 Industrial Application
11.10.3 Electronic Application
11.10.4 Others
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 Silicon Resin Coating
12.6.2 Polyurethane Coating
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 Hospital Application
12.10.2 Industrial Application
12.10.3 Electronic Application
12.10.4 Others
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 Silicon Resin Coating
13.6.2 Polyurethane Coating
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 Hospital Application
13.10.2 Industrial Application
13.10.3 Electronic Application
13.10.4 Others
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 Tubing Market: Competitive Dashboard
14.2 Global Fiberglass Tubing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amalga Composites
14.3.2 GoodWinds
14.3.3 Howard J.Moore Company
14.3.4 Ryan Herco Flow Solutions
14.3.5 Norplex Micarta
14.3.6 MinVasive Components
14.3.7 Monroe
14.3.8 TECHNICAL PLASTICS
14.3.9 Resdel Corporation
14.3.10 Dorco
