Glass Fiber for the Construction Market Trends and Forecast
The future of glass fiber for the global construction market looks promising with opportunities in the cooling tower, bathtub, door, swimming pool, rebar, utility pole, grating, and bridge deck markets. Glass fiber for the global construction market is expected to grow with a CAGR of 2.7% from 2024 to 2030. The major drivers for this market are ongoing advancements in glass fiber manufacturing technology and processes, growing awareness of environmental sustainability and energy efficiency, as well as, increasing construction activities worldwide.
• Lucintel forecasts that single end roving is expected to witness the highest growth over the forecast period.
• Within this market, cooling tower is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook of Glass Fiber for the Construction Market
• USA - Owens Corning announces investment in R&D for innovative glass fiber solutions in construction, aligning with government goals for sustainable infrastructure. Targets include reducing carbon footprint and enhancing building resilience.
• China - Jushi Group expands production capacity for glass fiber reinforcements to meet government targets for infrastructure development and urbanization projects, supporting sustainable construction initiatives.
• Germany - Saint-Gobain invests in energy-efficient glass fiber manufacturing processes, in line with government targets for reducing greenhouse gas emissions in construction. Initiatives aim to enhance building insulation performance and promote sustainable building practices.
• India - Asahi India Glass collaborates with local governments to promote the use of glass fiber reinforced concrete in construction projects, supporting targets for urban development and infrastructure modernization.
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Glass Fiber for the Construction Market by Segment
The study includes a forecast for the glass fiber for the global construction market by product type, manufacturing process, application, and region.
Glass Fiber for the Construction Market by Product Type [Value from 2018 to 2030]:
• DUCS
• Single End Roving
• Multi-End Roving
• Yarn
• Continuous Filament Mat
Glass Fiber for the Construction Market by Manufacturing Process [Value from 2018 to 2030]:
• Hand Lay-Up
• Spray Up
• Resin Infusion
• Filament Winding
• Pultrusion
• Compression Molding
• Prepreg Layup
• Injection Molding
• andere
Glass Fiber for the Construction Market by Application [Value from 2018 to 2030]:
• Cooling Tower
• Bathtubs
• Door
• Swimming Pools
• Rebar
• Utility Poles
• Grating
• Bridge Deck
• andere
Glass Fiber for the Construction Market by Region [Value from 2018 to 2030]:
• Nordamerika
• Europa
• Asien -Pazifik
• Der Rest der Welt
List of Glass Fiber Companies for the Construction Market
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies glass fiber companies for the construction market cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the glass fiber companies for the construction market are profiled in this report include-
• Owens Corning
• Jushi Group
• Chongqing Polycomp International Corporation
• Taishan Fiberglass
• Taiwan Glass Group
• Nippon Electric Glass Co. Ltd.
• Sichuan Weibo
• 3B the Fiber Glass Company ( Goa Glass Fiber)
• Johns Manville Corporation
• Nitto Boseki
Recent Development in Glass Fiber for the Construction Market
• Owens Corning: Introduces a new line of high-performance glass fiber reinforcements for construction materials, enhancing durability and reducing environmental impact.
• Saint-Gobain: Implements advanced manufacturing techniques to produce eco-friendly glass fiber products for building insulation, meeting stringent sustainability standards.
• Jushi Group: Partners with construction firms to develop customized glass fiber solutions for infrastructure projects, optimizing structural integrity and cost-efficiency.
• Asahi India Glass: Launches innovative glass fiber reinforced concrete products, offering superior strength and flexibility for diverse construction applications.
Features of the Glass Fiber for the Global Construction Market
Market Size Estimates: Glass fiber for the construction market size estimation in terms of value ($B).
Trend- und Prognoseanalyse: Markttrends (2018 bis 2023) und Prognose (2024 bis 2030) durch verschiedene Segmente und Regionen.
Segmentation Analysis: Glass fiber for the construction market size by product type, manufacturing process, application, and region in terms of value ($B).
Regional Analysis: Glass fiber for the construction market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, manufacturing processes, applications, and regions for glass fiber for the construction market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of glass fiber for the construction market.
Analyse der Wettbewerbsintensität der Branche basierend auf dem Fünf -Kräfte -Modell von Porter.
FAQ
Q1. What is the growth forecast of glass fiber for the construction market?
Answer: Glass fiber for the global construction market is expected to grow with a CAGR of 2.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the glass fiber for the construction market?
Answer: The major drivers for this market are ongoing advancements in glass fiber manufacturing technology and processes, growing awareness of environmental sustainability and energy efficiency, as well as, increasing construction activities worldwide.
Q3. What are the major segments of glass fiber for the construction market?
Answer: The future of glass fiber for the global construction market looks promising with opportunities in the cooling tower, bathtub, door, swimming pool, rebar, utility pole, grating, and bridge deck markets.
Q4. Who are the key glass fiber companies for the construction market?
Answer: Some of the key glass fiber companies for the construction market are as follows:
• Owens Corning
• Jushi Group
• Chongqing Polycomp International Corporation
• Taishan Fiberglass
• Taiwan Glass Group
• Nippon Electric Glass Co. Ltd.
• Sichuan Weibo
• 3B the Fiber Glass Company ( Goa Glass Fiber)
• Johns Manville Corporation
• Nitto Boseki
Q5. Which glass fiber for the construction market segment will be the largest in future?
Answer: Lucintel forecasts that single end roving is expected to witness the highest growth over the forecast period.
Q6. In glass fiber for the construction market, which region is expected to be the largest in next 5 years?
Antwort: APAC wird voraussichtlich das höchste Wachstum im Prognosezeitraum verzeichnen.
Q7. Do we receive customization in this report?
Antwort: Ja, LucinTel bietet 10% Anpassung ohne zusätzliche Kosten.
Dieser Bericht beantwortet nach 11 Schlüsselfragen:
Q.1. What are some of the most promising, high-growth opportunities in glass fiber for the construction market by product type (DUCS, single end roving, multi-end roving, yarn, and continuous filament mat), manufacturing process (hand lay-up, spray up, resin infusion, filament winding, pultrusion, compression molding, prepreg layup, injection molding, and others), application (cooling tower, bathtubs, door, swimming pools, rebar, utility poles, grating, bridge deck, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Welche Segmente werden schneller wachsen und warum?
Q.3. Welche Region wird schneller wachsen und warum?
Q.4. Was sind die Schlüsselfaktoren für die Marktdynamik? Was sind die wichtigsten Herausforderungen und Geschäftsrisiken in diesem Markt?
Q.5. Was sind die Geschäftsrisiken und wettbewerbsfähigen Bedrohungen in diesem Markt?
Q.6. Was sind die aufkommenden Trends in diesem Markt und die Gründe dafür?
Q.7. Was sind einige der sich ändernden Anforderungen von Kunden auf dem Markt?
Q.8. Was sind die neuen Entwicklungen auf dem Markt? Welche Unternehmen führen diese Entwicklungen an?
Q.9. Wer sind die Hauptakteure in diesem Markt? Welche strategischen Initiativen verfolgen wichtige Akteure für das Geschäftswachstum?
Q.10. Was sind einige der konkurrierenden Produkte in diesem Markt und wie stark sie für den Verlust des Marktanteils durch Material- oder Produktsubstitution darstellen?
Q.11. Welche M & A -Aktivitäten sind in den letzten 5 Jahren stattgefunden und wie hat ihre Auswirkungen auf die Branche?
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