Market Overview:
The global glass and specialty synthetic fiber market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for glass and specialty synthetic fibers in various applications such as pipes and tanks, energy, construction and infrastructure, among others. In terms of type, the carbon fiber segment is expected to hold the largest share of the global glass and specialty synthetic fiber market during the forecast period. This can be attributed to its properties such as high tensile strength, low weight, corrosion resistance, thermal stability, etc.
Product Definition:
Glass is a natural or artificial material that is typically transparent and has widespread practical, architectural, and scientific uses. Specialty synthetic fiber is a manufactured fiber created from chemical precursors, which are then extruded through small holes to create very fine filaments. These filaments are often bundled together to form a yarn or thread. Glass and specialty synthetic fibers have many important applications in modern society.
-Creating fabrics for high-performance clothing such as sportswear.
Glass:
Glass is a fiber and has many uses in the textile industry. It can be used as a raw material for manufacturing fibers, yarns & fabrics or it can be processed further to produce glass fibers & specialty synthetic fiber. Glass Fiber market is segmented on the basis of Product into Yarn-glass composite (YGC), Filament winding, Yarn coating and others.
Carbon:
Carbon is one of the important raw materials used in the manufacturing of synthetic fibers. It helps in increasing tensile strength, abrasion resistance and durability along with improving flexibility and elasticity of fiber. Carbon fibers are made up of carbon atoms that are bonded together in crystals aligned parallel to the fiber length.
Application Insights:
The pipes and tanks application segment led the global market in 2017. This is attributed to the growing demand for glass fibers from various industries including oil and gas, chemical, power generation, etc. The product is used as reinforcement in pipelines owing to its high strength-to-weight ratio which enables reduction in pipe wall thickness without compromising on safety or performance requirements.
The energy application segment accounted for a significant share of 21% of the total revenue share in 2017 due to increasing use of glass fibers as an alternative to asbestos products such as mineral wool and polyurethane foams. Furthermore, favorable government regulations regarding lowering carbon emissions coupled with rising awareness regarding environment conservation are expected to drive industry growth over the forecast period.
Regional Analysis:
North America dominated the global market in terms of revenue in 2017. The region is expected to witness moderate growth over the forecast period owing to stringent government regulations regarding synthetic fiber usage coupled with rising awareness about health and safety. Stringent government regulations on usage of plastic materials for manufacturing pipes due to fire code issues are projected to remain a key factor impacting industry growth over the next eight years.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030, registering a CAGR exceeding 6% during the same period. Rapid urbanization across emerging economies such as China and India has resulted in increased infrastructural needs, which is likely drive product demand during this timeframe. In addition, increasing foreign investments coupled with favorable regulatory policies have contributed significantly toward industry development across countries such as Indonesia and Malaysia; thus positively influencing overall market development across APAC region since 2016.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of glass fiber reinforced plastic (GFRP) in the wind energy sector
- Rising demand for specialty synthetic fibers in medical applications
- Proliferation of new applications for glass and specialty synthetic fibers across a wide range of end-use industries
- Technological advancements that are making these materials more versatile, durable, and affordable
Scope Of The Report
Report Attributes
Report Details
Report Title
Glass and Specialty Synthetic Fiber Market Research Report
By Type
Glass, Carbon, Aramid, UHMWPE, PPS
By Application
Pipes and Tanks, Energy, Construction and Infrastructure, Others
By Companies
DSM, Honeywell, Owens Corning, Toray Industries, Teijin Limited, Mitsubishi Chemical, Hexcel Corporation, SGL Group, Nippon Electrical, 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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Glass and Specialty Synthetic Fiber Market Report Segments:
The global Glass and Specialty Synthetic Fiber market is segmented on the basis of:
Types
Glass, Carbon, Aramid, UHMWPE, PPS
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
Pipes and Tanks, Energy, Construction and Infrastructure, 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:
- DSM
- Honeywell
- Owens Corning
- Toray Industries
- Teijin Limited
- Mitsubishi Chemical
- Hexcel Corporation
- SGL Group
- Nippon Electrical
- Jushi Group
Highlights of The Glass and Specialty Synthetic Fiber 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:
- Glass
- Carbon
- Aramid
- UHMWPE
- PPS
- By Application:
- Pipes and Tanks
- Energy
- Construction and Infrastructure
- 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 Glass and Specialty Synthetic Fiber 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?
Glass is a type of fiberglass that is made from molten glass. It has a high strength-to-weight ratio and can be used in applications where other types of fibersglass are not appropriate, such as in the construction of aircraft and boats. Specialty synthetic fibers are materials that have been specifically designed to meet specific needs, such as flame retardants or insulation properties.
Some of the major companies in the glass and specialty synthetic fiber market are DSM, Honeywell, Owens Corning, Toray Industries, Teijin Limited, Mitsubishi Chemical, Hexcel Corporation, SGL Group, Nippon Electrical, Jushi Group.
The glass and specialty synthetic fiber 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 Glass and Specialty Synthetic Fiber 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 Glass and Specialty Synthetic Fiber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Glass and Specialty Synthetic Fiber 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 Glass and Specialty Synthetic Fiber 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 Glass and Specialty Synthetic Fiber Market Size & Forecast, 2018-2028
4.5.1 Glass and Specialty Synthetic Fiber Market Size and Y-o-Y Growth
4.5.2 Glass and Specialty Synthetic Fiber Market Absolute $ Opportunity
Chapter 5 Global Glass and Specialty Synthetic Fiber 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 Glass and Specialty Synthetic Fiber Market Size Forecast by Type
5.2.1 Glass
5.2.2 Carbon
5.2.3 Aramid
5.2.4 UHMWPE
5.2.5 PPS
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Glass and Specialty Synthetic Fiber 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 Glass and Specialty Synthetic Fiber Market Size Forecast by Applications
6.2.1 Pipes and Tanks
6.2.2 Energy
6.2.3 Construction and Infrastructure
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Glass and Specialty Synthetic Fiber 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 Glass and Specialty Synthetic Fiber 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 Glass and Specialty Synthetic Fiber Analysis and Forecast
9.1 Introduction
9.2 North America Glass and Specialty Synthetic Fiber 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 Glass and Specialty Synthetic Fiber Market Size Forecast by Type
9.6.1 Glass
9.6.2 Carbon
9.6.3 Aramid
9.6.4 UHMWPE
9.6.5 PPS
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 Glass and Specialty Synthetic Fiber Market Size Forecast by Applications
9.10.1 Pipes and Tanks
9.10.2 Energy
9.10.3 Construction and Infrastructure
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 Glass and Specialty Synthetic Fiber Analysis and Forecast
10.1 Introduction
10.2 Europe Glass and Specialty Synthetic Fiber 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 Glass and Specialty Synthetic Fiber Market Size Forecast by Type
10.6.1 Glass
10.6.2 Carbon
10.6.3 Aramid
10.6.4 UHMWPE
10.6.5 PPS
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 Glass and Specialty Synthetic Fiber Market Size Forecast by Applications
10.10.1 Pipes and Tanks
10.10.2 Energy
10.10.3 Construction and Infrastructure
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 Glass and Specialty Synthetic Fiber Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Glass and Specialty Synthetic Fiber 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 Glass and Specialty Synthetic Fiber Market Size Forecast by Type
11.6.1 Glass
11.6.2 Carbon
11.6.3 Aramid
11.6.4 UHMWPE
11.6.5 PPS
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 Glass and Specialty Synthetic Fiber Market Size Forecast by Applications
11.10.1 Pipes and Tanks
11.10.2 Energy
11.10.3 Construction and Infrastructure
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 Glass and Specialty Synthetic Fiber Analysis and Forecast
12.1 Introduction
12.2 Latin America Glass and Specialty Synthetic Fiber 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 Glass and Specialty Synthetic Fiber Market Size Forecast by Type
12.6.1 Glass
12.6.2 Carbon
12.6.3 Aramid
12.6.4 UHMWPE
12.6.5 PPS
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 Glass and Specialty Synthetic Fiber Market Size Forecast by Applications
12.10.1 Pipes and Tanks
12.10.2 Energy
12.10.3 Construction and Infrastructure
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) Glass and Specialty Synthetic Fiber Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Glass and Specialty Synthetic Fiber 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) Glass and Specialty Synthetic Fiber Market Size Forecast by Type
13.6.1 Glass
13.6.2 Carbon
13.6.3 Aramid
13.6.4 UHMWPE
13.6.5 PPS
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) Glass and Specialty Synthetic Fiber Market Size Forecast by Applications
13.10.1 Pipes and Tanks
13.10.2 Energy
13.10.3 Construction and Infrastructure
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 Glass and Specialty Synthetic Fiber Market: Competitive Dashboard
14.2 Global Glass and Specialty Synthetic Fiber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DSM
14.3.2 Honeywell
14.3.3 Owens Corning
14.3.4 Toray Industries
14.3.5 Teijin Limited
14.3.6 Mitsubishi Chemical
14.3.7 Hexcel Corporation
14.3.8 SGL Group
14.3.9 Nippon Electrical
14.3.10 Jushi Group
