Fiberglass Fabric Market Size (2024 - 2029)

The fiberglass fabric market is projected to experience growth over the forecast period, driven by its expanding applications in high-temperature-resistant textiles and rising demand from the electronics and construction sectors. However, the market's expansion may be challenged by the high cost of production.

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Market Size of Fiberglass Fabric Industry

fiberglass fabric market
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 6.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

construction fabrics material market

*Disclaimer: Major Players sorted in no particular order

Fiberglass Fabric Market Analysis

The market for fiberglass fabric is expected to register a CAGR of approximately 6% globally during the forecast period.

  • Increasing applications for high-temperature-resistant textiles and growing demand from the electronics and construction sectors for various applications are driving the market growth.
  • The high cost of production is expected to hinder the market growth.

Fiberglass Fabric Industry Segmentation

The fiberglass fabric market report includes:

Fiber Type
A-Glass
C-Glass
D-Glass
S-Glass
Other Fiber Types
Fabric Type
Woven Fiberglass Fabric
Non-woven Fiberglass Fabric
Application
Automotive and Aerospace
Building and Construction
Wind Energy
Electrical and Electronics
Marine
Other Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Fiberglass Fabric Market Size Summary

The fiberglass fabric market is poised for significant growth, driven by its increasing applications in high-temperature-resistant textiles and rising demand from the electronics and construction sectors. This material is valued for its excellent thermal insulation properties, chemical resistance, and high dielectric strength, making it suitable for a wide range of applications, including marine, defense, and electronics industries. In construction, fiberglass fabrics are utilized for insulation in composite walls, roofing panels, and architectural elements. Despite the high cost of production posing a challenge, the market is buoyed by innovative applications in aerospace and marine sectors, as well as the growing need for corrosion-resistant materials.

Regionally, Asia-Pacific is expected to lead the global market, supported by its advanced electronics and construction sectors and ongoing investments in wind energy. The region's demand for fiberglass fabrics is fueled by their high tensile strength, heat resistance, and durability, which are essential for civil engineering applications. Countries like China, Singapore, South Korea, and India are experiencing growth in their construction industries, further propelling the market. The market is partially consolidated, with major players such as Saint-Gobain SA, Owens Corning, and Hexcel Corporation holding significant market shares, indicating a competitive landscape with a few key companies dominating the industry.

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Fiberglass Fabric Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Applications for High Temperature Resistant Textiles

      2. 1.1.2 Growing Demand from Electronics and Construction Sectors

    2. 1.2 Restraints

      1. 1.2.1 High Cost of Production

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Fiber Type

      1. 2.1.1 A-Glass

      2. 2.1.2 C-Glass

      3. 2.1.3 D-Glass

      4. 2.1.4 S-Glass

      5. 2.1.5 Other Fiber Types

    2. 2.2 Fabric Type

      1. 2.2.1 Woven Fiberglass Fabric

      2. 2.2.2 Non-woven Fiberglass Fabric

    3. 2.3 Application

      1. 2.3.1 Automotive and Aerospace

      2. 2.3.2 Building and Construction

      3. 2.3.3 Wind Energy

      4. 2.3.4 Electrical and Electronics

      5. 2.3.5 Marine

      6. 2.3.6 Other Applications

    4. 2.4 Geography

      1. 2.4.1 Asia-Pacific

        1. 2.4.1.1 China

        2. 2.4.1.2 India

        3. 2.4.1.3 Japan

        4. 2.4.1.4 South Korea

        5. 2.4.1.5 Rest of Asia-Pacific

      2. 2.4.2 North America

        1. 2.4.2.1 United States

        2. 2.4.2.2 Canada

        3. 2.4.2.3 Mexico

      3. 2.4.3 Europe

        1. 2.4.3.1 Germany

        2. 2.4.3.2 United Kingdom

        3. 2.4.3.3 France

        4. 2.4.3.4 Italy

        5. 2.4.3.5 Rest of Europe

      4. 2.4.4 South America

        1. 2.4.4.1 Brazil

        2. 2.4.4.2 Argentina

        3. 2.4.4.3 Rest of South America

      5. 2.4.5 Middle-East and Africa

        1. 2.4.5.1 Saudi Arabia

        2. 2.4.5.2 South Africa

        3. 2.4.5.3 Rest of Middle-East and Africa

Fiberglass Fabric Market Size FAQs

The Fiberglass Fabric Market is projected to register a CAGR of less than 6% during the forecast period (2024-2029)

Saint-Gobain S.A, Owens Corning , Hexcel Corporation , Jushi Group Co. Ltd and Central Glass Co are the major companies operating in the Fiberglass Fabric Market.

Fiberglass Fabric Market Report Snapshots

Fiberglass Fabric Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)