Global Fiberglass Products Market Insights, Forecast to 2025

Global advanced carbon materials market size is anticipated to reach USD 5.29 billion by 2024.

The factors that propel the growth of the advanced carbon materials industry include growing demand for fiberglass products in construction, automotive and energy applications, being lightweight material, having excellent electrical properties, technological progression for the development of carbon nanomaterials, increasing demand for carbon fiber reinforced plastic (CFRP).

The key factors that could be attributed to the growth of market include extensive usage in the construction industry for bridge construction and building construction, precast concrete panels, low thermal expansion, excellent stiffness, high tensile strength, and good temperature tolerance.Request a Free Sample Copy of this Advanced Carbon Materials Market Report @ https://www.millioninsights.com/industry-reports/advanced-carbon-materials-market/request-sample The key applications that could be explored in the advanced carbon materials industry include Energy, Aerospace & Defense, Sports, Electronics, Construction, Automotive, and Others.

Aerospace & Defense segment is followed by Automotive sector owing to increasing vehicle manufacturing production in developing markets including India, China, Iran, and Mexico.Asia-Pacific accounted for the major market share of advanced carbon materials in 2015 and will continue to lead in the forecast period.

The factors that could be attributed to the growth include an increase in automotive manufacturing facilities in India, China, Thailand, and Indonesia, and growing demand for travel.

Asia-Pacific would be followed by the European region in the forecast period.Some of the key players that fuel the growth of the advanced carbon materials industry comprise Toho Tenex Europe Gmbh, Toray Industries Inc., Hexcel Corporation, Arkema Sa, Nippon Graphite Fiber Co. Ltd, CVD Equipment Corporation, Arry International Group Limited, Grupo Graphenano, Future carbon, Grupo Antolin, Graphenea, Mersen Group, Haydale Graphene Industries Plc, Showa Denko KK, and Nanothinx S.A.

Future Market Insights newly published market report, “Fiberglass (Glass Fiber) Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028,” examines the Fiberglass (Glass Fiber) Market and offers crucial market insights for the next ten years.

According to the global fiberglass (glass fiber) market report, the rovings segment by product type is expected to dominate the overall market accounting for over 57% revenue share by 2028-end.

Manufacturers are utilizing GFRC (glass fiber reinforced concrete), which contains hydrated cement, glass fibers and sand for diverse construction purposes.

Incorporation of the fiberglass enables manufacturers to integrate robust features such as anti-corrosiveness, high compressive strength, tensile strength and lightweight.

On the account of these factors, growth of the global market is expected to remain positive over the coming years.Request For Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-5440Further, growing number of construction projects in various developing countries such as India, Brazil, and China have led manufacturers to invest in fiberglass as an effective insulation component.

As fiberglass continues to remain a cheaper alternative for insulation in the construction industry, the global fiberglass (glass fiber) market is likely to witness a significant growth during the forecast periodHowever, increasing instances of health hazards such as rashes on the skin, irritation in eyes and stomach and soreness in throat and lungs among workers and constructors due to fiberglass have posed challenges to the market growth.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the fiberglass pipes market include Kemrock Industries and Exports Limited, Apex Western Fiberglass, Inc., HOBAS Pipes International GmbH, Andronaco Industries, Future Pipe Industries, Sarplast SA, Fibrex Construction Group, FCX Performance, PPG Industries, Inc., Hengrun Group Co., Ltd., Enduro Composites, Inc., Saudi Arabian Amiantit Company, ZCL Composites, Inc., Graphite India Limited, National Oilwell Varco, Inc.

This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Fiberglass Pipes Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/fiberglass-pipes-market/download-sampleMarket DynamicsThe growing demand from end-use industries owing to the various benefits such as long durability, excellent tensile strength, low installation costs, and corrosion resistance is the key factor driving the growth of the fiberglass pipes market.

The rising oil gas production is expected to create a considerable demand for fiberglass in the coming years.

Moreover, the growing demand for corrosion- resistant, lightweight and durable pipelines in numerous countries due to the linked high cost of pipeline installation for heavy pipes and material is likely to create more demand for fiberglass pipes.

Furthermore, the ever-increasing in population has amplified the demand for oil, fuel, and gas to meet daily requirements, which will positively impact the market of fiberglass pipes.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.