Market Overview:
The global glass & 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 & specialty synthetic fibers in various applications such as aerospace and defense, wind energy, transportation, construction and infrastructure, and others. Asia Pacific is expected to be the fastest-growing region during the forecast period.
Product Definition:
Glass is a hard, brittle, transparent material made by fusing sand with soda ash and limestone. Specialty synthetic fibers are man-made materials that have been developed to serve specific industrial or commercial needs. Glass & specialty synthetic fiber have important applications in a wide range of industries, including automotive manufacturing, construction, and telecommunications.
Glass:
Glass is a material made from silica and other materials. Silica is the name of a compound that occurs naturally in volcanic rocks and can also be obtained from mining. The different types of glass include float, fiber, specialty, sanitary/medical, decorative/ornamental and others (fused quartz). Glass fibers are used to make fabrics such as dacron or polyester which has many applications in medical field including wound dressing's & surgeries.
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 which provides it an exceptional strength-to-weight ratio.
Application Insights:
The global market is segmented by application into aerospace and defense, transportation, wind energy, construction and infrastructure, electronics and appliances (excluding smartphones), others. The construction industry was the largest consumer of glass fibers in 2015. It is projected to grow at a CAGR of XX% from 2016 to 2030 owing to its increasing use in composites for buildings.
Aerospace & defense was the second-largest segment accounting for over 11% of the overall volume share in 2015. Glass fibers are used extensively in aircraft interiors as well as exterior body parts such as engine nacelles and wings due to their lightweight properties along with high strength-to-weight ratio which makes them suitable for these applications where high performance is required at a lower weightage compared to conventional materials such as aluminum alloys or steel structures.
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 a decline in construction and infrastructure activities due to economic slowdown. However, growing demand for glass fibers from wind energy applications is anticipated to drive the market over the forecast period.
The Asia Pacific regional market accounted for a significant share of global revenue in 2017 owing to rapid industrialization and urbanization resulting into increased product demand from various end-use industries such as automotive, aerospace & defense, construction & infrastructure, electrical & electronics among others. Increasing foreign investments coupled with favorable government policies are anticipated boost manufacturing activities across developing countries such as China and India which will further propel industry growth over next eight years.
Growth Factors:
- Increasing demand from the automotive and construction industries for glass and specialty synthetic fibers as reinforcement materials.
- Growing use of glass and specialty synthetic fibers in medical applications such as implants, sutures, and prosthetics.
- Rising demand for lightweight yet strong materials in aerospace applications.
- Increasing popularity of composites over traditional materials in sporting goods manufacturing industry.
Scope Of The Report
Report Attributes
Report Details
Report Title
Glass & Specialty Synthetic Fiber Market Research Report
By Type
Glass, Carbon, Aramid, Ultra-High Molecular Weight Polyethylene (UHMWPE) Fibers, Polyphenylene Sulfide (PPS) Fibers, Other Fibers
By Application
Aerospace and Defense, Wind Energy, Transportation, Construction and Infrastructure, Others
By Companies
Owens Corning, Toray Industries, Teijin Limited, Hexcel Corporation, SGL Group, DSM, Honeywell international
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Glass & Specialty Synthetic Fiber Market Report Segments:
The global Glass & Specialty Synthetic Fiber market is segmented on the basis of:
Types
Glass, Carbon, Aramid, Ultra-High Molecular Weight Polyethylene (UHMWPE) Fibers, Polyphenylene Sulfide (PPS) Fibers, Other Fibers
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
Aerospace and Defense, Wind Energy, Transportation, 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:
- Owens Corning
- Toray Industries
- Teijin Limited
- Hexcel Corporation
- SGL Group
- DSM
- Honeywell international
Highlights of The Glass & 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
- Ultra-High Molecular Weight Polyethylene (UHMWPE) Fibers
- Polyphenylene Sulfide (PPS) Fibers
- Other Fibers
- By Application:
- Aerospace and Defense
- Wind Energy
- Transportation
- 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 & 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 & Specialty Synthetic Fiber is a type of synthetic fiber that is made from a variety of different types of materials. These materials can include plastics, rubber, and other substances. Glass & Specialty Synthetic Fiber is often used in products that need to be strong and resistant to wear and tear.
Some of the major players in the glass & specialty synthetic fiber market are Owens Corning, Toray Industries, Teijin Limited, Hexcel Corporation, SGL Group, DSM, Honeywell international.
The glass & 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 & 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 & Specialty Synthetic Fiber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Glass & 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 & 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 & Specialty Synthetic Fiber Market Size & Forecast, 2020-2028
4.5.1 Glass & Specialty Synthetic Fiber Market Size and Y-o-Y Growth
4.5.2 Glass & Specialty Synthetic Fiber 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 Glass
5.2.2 Carbon
5.2.3 Aramid
5.2.4 Ultra-High Molecular Weight Polyethylene (UHMWPE) Fibers
5.2.5 Polyphenylene Sulfide (PPS) Fibers
5.2.6 Other Fibers
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 Aerospace and Defense
6.2.2 Wind Energy
6.2.3 Transportation
6.2.4 Construction and Infrastructure
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Glass & 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 & 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 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 Glass
9.6.2 Carbon
9.6.3 Aramid
9.6.4 Ultra-High Molecular Weight Polyethylene (UHMWPE) Fibers
9.6.5 Polyphenylene Sulfide (PPS) Fibers
9.6.6 Other Fibers
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 Aerospace and Defense
9.10.2 Wind Energy
9.10.3 Transportation
9.10.4 Construction and Infrastructure
9.10.5 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 Glass
10.6.2 Carbon
10.6.3 Aramid
10.6.4 Ultra-High Molecular Weight Polyethylene (UHMWPE) Fibers
10.6.5 Polyphenylene Sulfide (PPS) Fibers
10.6.6 Other Fibers
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 Aerospace and Defense
10.10.2 Wind Energy
10.10.3 Transportation
10.10.4 Construction and Infrastructure
10.10.5 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 Glass
11.6.2 Carbon
11.6.3 Aramid
11.6.4 Ultra-High Molecular Weight Polyethylene (UHMWPE) Fibers
11.6.5 Polyphenylene Sulfide (PPS) Fibers
11.6.6 Other Fibers
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 Aerospace and Defense
11.10.2 Wind Energy
11.10.3 Transportation
11.10.4 Construction and Infrastructure
11.10.5 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 Glass
12.6.2 Carbon
12.6.3 Aramid
12.6.4 Ultra-High Molecular Weight Polyethylene (UHMWPE) Fibers
12.6.5 Polyphenylene Sulfide (PPS) Fibers
12.6.6 Other Fibers
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 Aerospace and Defense
12.10.2 Wind Energy
12.10.3 Transportation
12.10.4 Construction and Infrastructure
12.10.5 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 Glass
13.6.2 Carbon
13.6.3 Aramid
13.6.4 Ultra-High Molecular Weight Polyethylene (UHMWPE) Fibers
13.6.5 Polyphenylene Sulfide (PPS) Fibers
13.6.6 Other Fibers
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 Aerospace and Defense
13.10.2 Wind Energy
13.10.3 Transportation
13.10.4 Construction and Infrastructure
13.10.5 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 & Specialty Synthetic Fiber Market: Competitive Dashboard
14.2 Global Glass & Specialty Synthetic Fiber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Owens Corning
14.3.2 Toray Industries
14.3.3 Teijin Limited
14.3.4 Hexcel Corporation
14.3.5 SGL Group
14.3.6 DSM
14.3.7 Honeywell international
