The global glass fibers market is predicted to exhibit a healthy growth in the forthcoming years, as indicated by a Transparency Market Research (TMR) report. The global glass fibers market comprises of a number of international as well as regional vendors. The companies operating in the market are seen focusing on ensuring product differentiation, leading to heavy investments in research and development activities. Local vendors are increasingly adopting the latest technology in their product in order to lure consumer and thrive in the overall market. The market’s competitive landscape features consolidation currently. The vendors are seen focusing on improvement of product quality, and establishment of strong distribution and export channels, to gain an edge over their competitors.
Some of the prominent vendors operating in the global glass fibers market are Jushi Group, Jiangsu Jiuding New Material Co. Ltd, Owens Corning, Nippon Electric Glass Co., CHONGQING POLYCOMP INTERNATIONAL CORP, and AGY Holding Corp, among others.
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According to our analysts at TMR, the value of the global glass fibers market was envisaged to be at US$8.50 bn in 2014. Over the duration of forecast, from 2016 to 2024, the market is anticipated to rise at a 7.5% CAGR. By 2024, the global market is expected to reach a valuation of US$17.44 bn.
The application segment of building and construction will largely contribute to the rise of the global glass fibers market over the forecast period. With a 7.6% CAGR, this application segment is expected to show unprecedented potential in the coming years. This could be attributed to the boom in population in emerging regions, especially Asia Pacific, leading to surge in demand for residential as well as commercial space.
Geographically, Asia Pacific was evaluated to account for roughly 48% of the overall market share in 2014. With its escalating population pool, Asia Pacific is expected to emerge as the swiftest regional market in the global glass fibers market, with its burgeoning construction industry.
Rising Application Scope of Glass Fiber to Provide Lucrative Opportunity
The potential for the global glass fibers market lies in the expanded application extent of fiber glass. They are broadly utilized as a part of the automotive industry in new parts as they prompt lower tooling cost when contrasted with customary materials, for example, metals. Also, the material is utilized as a part of an assortment of other application industry, for example, hardware, aviation, energy and purchaser industry. Different substantial organizations are reliably enhancing new products which would build the application extent of glass fibers.
Furthermore, the expanded spotlight on energy preservation in the construction industry, has prompted higher accentuation on usage of glass fibers as they give unrivaled protection properties at an ostensible cost. These are key factors which could prompt sellers profiting by the market opportunity, energizing market growth.
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Dire Need for Alternate Energy Sources to Augment Product Demand
In the wind energy sector, glass fiber composites are utilized as a part of cutting edges and nacelles. Edges speak to the most essential composite based piece of a breeze turbine. Because of light weight, a large portion of the breeze turbines are built at any rate somewhat from glass fiber composites. As of late, wind turbines are equipped for changing over an awesome measure of energy in the breeze into power. Along these lines, the breeze industry has turned into an essential glass fiber composite material end-client market and is predicted to aid the market growth in the coming years.
This review is based TMR’s report titled, “Glass Fibers Market (Product-E-Class Glass Fiber, and Performance Glass Fiber; Application-Building and Construction, Transportation, Industrial, Consumer Goods, Wind Turbine, and Oil and Gas, and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 - 2024.”
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Robust and recurring industrial applications of polyvinylpyrrolidone (PVP) in adhesives, ceramics, glass fibers, coatings, detergents, electrical applications, lithography, paper, metallurgy, polymerizations, suspensions, and tableting are driving the growth of PVP market.
Additionally, it provides an elaborative analysis of technological advancement in various applications of PVP along with an extensive assessment of the market revenue, and competitive landscape of existing players.View Full Table of Contents of Polyvinylpyrrolidone Market:https://www.industryarc.com/Report/16140/polyvinylpyrrolidone-market.htmlReport Price (Single User): US $3850Polyvinylpyrrolidone Market: Leading SegmentsPharmaceuticals, Cosmetics, and Food & Beverage, these three application industries are the key end users of PVP.
This factor is encouraging PVP as a major ingredient among makeup products to create a well spread out.
This polymer acts as an efficient thickening agent and also as a film former, mainly used for hair sprays, hair gels, adhesive powders and gels.
It is less expensive, recyclable, and act as the best alternative to conventional food packaging material.Europe held as a leading region which accounts for a share of 32% in the global PVP market as of 2018.
Thus, expanding healthcare sector through well-developed pharmaceutical industries in these countries is boosting the growth of Europe PVP market.Polyvinylpyrrolidone Market: Disruptive TrendsPVP is an antibacterial agent and antiseptic, whose prevalent use in cosmetics, medical products, and hair care products is augmenting the PVP market growth.
23 May 2019 - Global Glass Fiber Market Research Report includes In-depth Analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis.
The Global Glass Fiber Market is anticipated to grow at a CAGR of 5.8% in the upcoming period .
The Glass Fiber Market Report Provides Growth History, Sales Channel, Manufacturers Profiled in Glass Fiber Business, Market Share of Product, Application and Regional Scope of Glass Fiber which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors to understand the present as well as future market size, situations in terms of growth rate and revenue.
This report will help the viewer in Better Decision Making.Top Key Manufacturers – Owens Corning, PPG Industries, Nippon Sheet Glass, Knauf and Advanced Glass fiber Yarns, and China Fiberglass CompanyTo get a free sample request at: https://www.millioninsights.com/industry-reports/glass-fiber-market/request-sampleThe factors that propel the growth of the Glass Fiber Market include increased usage of in automobiles to decrease weight and CO2 emissions, increased construction activities at the global level, and demand for corrosion resistance applications such as pipes and tanks from oil & gas and water supply sector.On the other hand, there are factors that may hamper the growth of the market including hunting by manufacturers of automobiles for inexpensive and harmless substitutions, and adverse health effects of fiberglass.
The market may be explored by type, manufacturing process, application, and geography.
The market could be explored based on product type as Single-End Roving, Multi-End Roving, CSM, Woven Roving, CS, DUCS, CFM, Fabrics, and Others.
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.
Glass Fibers And Specialty Synthetic Fibers market is segmented by region (country), players, by Type, and by Application.
Players, stakeholders, and other participants in the global Glass Fibers And Specialty Synthetic Fibers market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Glass Fibers And Specialty Synthetic Fibers market is segmented into:Corrosion Resistant FiberHigh Temperature Resistant FiberFire Resistant FiberHigh Strength and High Modulus FiberFunctional FiberDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/60005/global-japan-glass-fibers-and-specialty-synthetic-fibers-2026-535Segment by Application, the Glass Fibers And Specialty Synthetic Fibers market is segmented into:Aerospace & DefenseTransportationSafetyMilitaryConstructionOthersRegional and Country-level Analysis:The Glass Fibers And Specialty Synthetic Fibers market is analysed and market size information is provided by regions (countries).The key regions covered in the Glass Fibers And Specialty Synthetic Fibers market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Glass Fibers And Specialty Synthetic Fibers Market Share Analysis:Glass Fibers And Specialty Synthetic Fibers market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
