Market Share of Fiberglass Roving Industry
The fiberglass roving market is highly competitive, owing to the presence of multiple players operating in domestic and international markets. The market appears to be moderately concentrated, with the key players adopting strategies such as product acquisition and mergers and acquisitions in order to widen their product portfolio and expand their geographic reach and stay competitive in the market. Some of the major players in the market are Owens Corning, Nippon Electric Glass, and Saint-Gobain SA.
- Jan 2020 - The Saint-Gobain fiberglass production furnace has undergone a complete overhaul. This is a largescale investment form the company in both financial and human terms. The rebuilding of the fiberglass production furnace was held at the company's ADFORS's Hodonice site. In terms of the amount, the investment was about EUR 45 million.
- Aug 2019 - Johns Manville, a Berkshire Hathaway company and a building products manufacturer, announced that its fiberglass batt and narrow roll insulation products received the NAIMA R-Value certification, offering third-party verification of the company's thermal performance.
Fiberglass Roving Market Leaders
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Owens Corning
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Nippon Electric Glass
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Saint-Gobain S.A.
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Taiwan Glass Industry Corporation
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PFG Fiberglass Corporation
*Disclaimer: Major Players sorted in no particular order
