Market Overview:
The global glass fiber complex materials 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 lightweight and high-performance materials across various applications. In terms of type, the thermoset composites segment is expected to hold the largest share of the global glass fiber complex materials market during the forecast period. This can be attributed to their superior properties such as high strength-to-weight ratio and resistance to corrosion and degradation. In terms of application, transportation is expected to hold the largest share of the global glass fiber complex materials market duringthe forecast period.
Product Definition:
Glass fiber complex materials are composite materials that consist of glass fibers and a polymer matrix. They are used in a variety of applications, including aerospace, automotive, and construction. Glass fiber complex materials have many advantages over other types of composites, including high strength-to-weight ratios and resistance to fatigue.
Thermoset Composites:
Thermoset composites are materials that get rigid when heated and retain their shape at room temperature. Most of the thermosets are cross-linked, which makes them stronger as well as resistant to heat and chemicals. Some thermosets such as epoxy resins are uncross-linked, making them less expensive but also reducing their toughness.
Thermoplastic Composites:
Thermoplastic composites are materials that can be re-molded, reshaped, and recycled. Thermoplastics such as polyester and nylon can be heated to their melting point and then cooled to form the desired shape. These materials have a much higher glass transition temperature (Tg) than most thermosets; thus they are more easily able to undergo plastic deformation processes.
Application Insights:
The transportation application segment led the global glass fiber complex materials market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for lightweight and high strength materials in this sector. Transportation is one of the key sectors that use glass fibers, owing to its lightweight properties along with other benefits such as impact resistance, high tensile strength, low density and excellent flexibility.
Aerospace & defense was another prominent segment that accounted for a significant market share in 2017 due to rising demand from major end-use industries including commercial aircraft manufacturers and military aircraft suppliers across the globe.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing demand for light weight vehicles, high standard of living and growing wind energy farms. In North America, the U.S is expected to witness significant growth over the forecast period owing to rising investments in research & development activities and new product launches by companies operating within this industry such as 3M Company (St Paul), E-Glass (Minneapolis) and Corning Incorporated (Corning, New York).
Asia Pacific is anticipated to register a lucrative CAGR during the forecast period owing to rapid industrialization along with supportive government initiatives pertaining to use of glass fiber composites materials in key applications including aerospace & defense, transportation infrastructure construction & maintenance equipment manufacturing industries. Japan was one of major countries that influenced global industry trends through its massive production capacity coupled with technological advancements made by manufacturers active within this sector such as JSP Corporation; Ito Glass Co., Ltd.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and aerospace due to its superior properties such as light weight, high strength and stiffness.
- Rising awareness about the benefits of glass fiber complex materials among consumers is expected to boost the market growth.
- Growing investments by key players in research and development activities for new product launches is anticipated to propel the market growth over the forecast period.
- Technological advancements in manufacturing processes that results in improved quality and performance of glass fiber complex materials is projected to fuel the demand for these products over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Glass Fiber Complex Materials Market Research Report
By Type
Thermoset Composites, Thermoplastic Composites
By Application
Transportation, Aerospace & Defense, Wind Energy, Electrical & Electronics, Construction & Infrastructure, Marine, Others
By Companies
Saint-Gobain Vetrotex, Owens Corning, PPG, Lanxess, Advanced Glassfiber Yarns, Asahi Glass, Chomarat Group, Johns Manville, Jushi Group, Nippon Sheet Glass, Saint-Gobain Vetrotex, Saertex Group, Taishan Fiberglass, Chongqing Polycomp, Shanghai Xiao-Bao FRP
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Glass Fiber Complex Materials Market Report Segments:
The global Glass Fiber Complex Materials market is segmented on the basis of:
Types
Thermoset Composites, Thermoplastic Composites
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, Aerospace & Defense, Wind Energy, Electrical & Electronics, Construction & Infrastructure, Marine, 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:
- Saint-Gobain Vetrotex
- Owens Corning
- PPG
- Lanxess
- Advanced Glassfiber Yarns
- Asahi Glass
- Chomarat Group
- Johns Manville
- Jushi Group
- Nippon Sheet Glass
- Saint-Gobain Vetrotex
- Saertex Group
- Taishan Fiberglass
- Chongqing Polycomp
- Shanghai Xiao-Bao FRP
Highlights of The Glass Fiber Complex Materials 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:
- Thermoset Composites
- Thermoplastic Composites
- By Application:
- Transportation
- Aerospace & Defense
- Wind Energy
- Electrical & Electronics
- Construction & Infrastructure
- Marine
- 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 Fiber Complex Materials 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 fiber complex materials are a type of composite material that is made up of small glass fibers and other polymer materials. These materials can be used to create products that are strong, lightweight, and resistant to damage. They can also be used in applications such as aerospace engineering and medical devices.
Some of the key players operating in the glass fiber complex materials market are Saint-Gobain Vetrotex, Owens Corning, PPG, Lanxess, Advanced Glassfiber Yarns, Asahi Glass, Chomarat Group, Johns Manville, Jushi Group, Nippon Sheet Glass, Saint-Gobain Vetrotex, Saertex Group, Taishan Fiberglass, Chongqing Polycomp, Shanghai Xiao-Bao FRP.
The glass fiber complex materials market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Glass Fiber Complex Materials 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 Fiber Complex Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Glass Fiber Complex Materials 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 Fiber Complex Materials 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 Fiber Complex Materials Market Size & Forecast, 2018-2028
4.5.1 Glass Fiber Complex Materials Market Size and Y-o-Y Growth
4.5.2 Glass Fiber Complex Materials Market Absolute $ Opportunity
Chapter 5 Global Glass Fiber Complex Materials 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 Fiber Complex Materials Market Size Forecast by Type
5.2.1 Thermoset Composites
5.2.2 Thermoplastic Composites
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Glass Fiber Complex Materials 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 Fiber Complex Materials Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Aerospace & Defense
6.2.3 Wind Energy
6.2.4 Electrical & Electronics
6.2.5 Construction & Infrastructure
6.2.6 Marine
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Glass Fiber Complex Materials 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 Fiber Complex Materials 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 Fiber Complex Materials Analysis and Forecast
9.1 Introduction
9.2 North America Glass Fiber Complex Materials 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 Fiber Complex Materials Market Size Forecast by Type
9.6.1 Thermoset Composites
9.6.2 Thermoplastic Composites
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 Fiber Complex Materials Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Aerospace & Defense
9.10.3 Wind Energy
9.10.4 Electrical & Electronics
9.10.5 Construction & Infrastructure
9.10.6 Marine
9.10.7 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 Fiber Complex Materials Analysis and Forecast
10.1 Introduction
10.2 Europe Glass Fiber Complex Materials 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 Fiber Complex Materials Market Size Forecast by Type
10.6.1 Thermoset Composites
10.6.2 Thermoplastic Composites
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 Fiber Complex Materials Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Aerospace & Defense
10.10.3 Wind Energy
10.10.4 Electrical & Electronics
10.10.5 Construction & Infrastructure
10.10.6 Marine
10.10.7 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 Fiber Complex Materials Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Glass Fiber Complex Materials 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 Fiber Complex Materials Market Size Forecast by Type
11.6.1 Thermoset Composites
11.6.2 Thermoplastic Composites
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 Fiber Complex Materials Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Aerospace & Defense
11.10.3 Wind Energy
11.10.4 Electrical & Electronics
11.10.5 Construction & Infrastructure
11.10.6 Marine
11.10.7 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 Fiber Complex Materials Analysis and Forecast
12.1 Introduction
12.2 Latin America Glass Fiber Complex Materials 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 Fiber Complex Materials Market Size Forecast by Type
12.6.1 Thermoset Composites
12.6.2 Thermoplastic Composites
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 Fiber Complex Materials Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Aerospace & Defense
12.10.3 Wind Energy
12.10.4 Electrical & Electronics
12.10.5 Construction & Infrastructure
12.10.6 Marine
12.10.7 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 Fiber Complex Materials Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Glass Fiber Complex Materials 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 Fiber Complex Materials Market Size Forecast by Type
13.6.1 Thermoset Composites
13.6.2 Thermoplastic Composites
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 Fiber Complex Materials Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Aerospace & Defense
13.10.3 Wind Energy
13.10.4 Electrical & Electronics
13.10.5 Construction & Infrastructure
13.10.6 Marine
13.10.7 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 Fiber Complex Materials Market: Competitive Dashboard
14.2 Global Glass Fiber Complex Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Saint-Gobain Vetrotex
14.3.2 Owens Corning
14.3.3 PPG
14.3.4 Lanxess
14.3.5 Advanced Glassfiber Yarns
14.3.6 Asahi Glass
14.3.7 Chomarat Group
14.3.8 Johns Manville
14.3.9 Jushi Group
14.3.10 Nippon Sheet Glass
14.3.11 Saint-Gobain Vetrotex
14.3.12 Saertex Group
14.3.13 Taishan Fiberglass
14.3.14 Chongqing Polycomp
14.3.15 Shanghai Xiao-Bao FRP
