ガラス繊維市場の2030年までの予測：製品別、用途別、エンドユーザー別、地域別の世界分析

Stratistics MRCによると、世界のガラス繊維市場は2024年に241億5,000万米ドルを占め、予測期間中にCAGR 7.5％で成長し、2030年には372億7,000万米ドルに達すると予想されています。

ガラス繊維はグラスファイバーとしても知られ、非常に細いガラス繊維から成る多目的材料です。これらの繊維は通常、マットや布に織られ、樹脂で結合されて強靭で軽量な複合材料となります。ガラス繊維は、高い引張強度、柔軟性、耐熱性、耐腐食性などの優れた機械的特性により、さまざまな産業で幅広く使用されています。

米国国勢調査局によると、2024年2月の建設支出は2023年2月の予測から10.7％増加しました。国際貿易局によると、中国では2021年から2025年までの第14次5カ年計画期間中に約27兆米ドルが新たなインフラ整備に費やされ、その金額は4兆2,000億ユーロに上ると推定されています。

風力発電設備の増加

風力発電システムの設置台数の増加は、ガラス繊維技術の大幅な進歩を促しています。風力タービンブレードの重要な部品であるガラス繊維は、再生可能エネルギー分野の活況に後押しされた継続的な研究開発の恩恵を受けています。強度、耐久性、軽量で知られるこれらの繊維は、より長く、より効率的なタービンブレードの製造に不可欠です。風力タービンがより高い高度でより高い風速を捕捉するために高さが高くなり、ブレードが長くなるにつれて、高度なガラス繊維複合材料への需要が高まっています。さらに、ガラス繊維技術の革新には、より高い性能と耐久性の基準を達成するために、より強い材料を取り入れたり、製造工程を改良したりといった組成の強化が含まれます。

原料価格の変動

原料価格の変動はガラス繊維産業にとって大きな課題です。ガラス繊維は珪砂、石灰石、その他の化学物質などの原材料から製造されますが、その価格は世界の経済状況、サプライチェーンの混乱、地政学的要因によって変動する可能性があります。こうした変動は生産コストに直接影響するため、メーカーが費用を予測し安定させるのは難しいです。しかし、ガラス繊維セクターの企業は、潜在的なマージンの圧迫や財務の不安定性など、経営リスクの増大に直面しています。

都市化とインフラ整備

都市化とインフラ整備は、その多様な用途と耐久性によりガラス繊維の需要を促進しています。都市が拡大するにつれて、建物、道路、橋、その他の重要なインフラを建設するための、より強く、より軽く、より弾力性のある材料に対するニーズが高まっています。ガラス繊維は細いガラス繊維で構成され、高い強度対重量比と耐腐食性・耐候性で知られており、建設に使用されるコンクリート、プラスチック、複合材料の補強に理想的です。さらに、持続可能性がますます重視されるようになり、構造物のエネルギー効率を高め、環境に優しくすることに貢献できるため、ガラス繊維の採用が加速しています。建物やインフラストラクチャーの構造的完全性を高めると同時にメンテナンスコストを削減するガラス繊維の能力は、現代の都市開発におけるその価値をさらに際立たせています。

健康と安全の問題

安全衛生の問題は、ガラス繊維産業の大きな障害となっています。ガラス繊維の製造と取り扱いには、シリカ粉塵のような有害物質にさらされる可能性があり、適切な予防措置を講じなければ珪肺症のような呼吸器系疾患を引き起こす可能性があります。ガラス繊維の製造工程では、高温や化学薬品の使用が必要とされることが多く、安全プロトコルが厳密に守られなければ、作業員が火傷や化学薬品にさらされる危険性があります。しかし、ガラス繊維の微細で鋭利な構造などの物理的特性は、適切な取り扱い技術と保護具を使用しなければ、皮膚の炎症や怪我につながる可能性もあります。

COVID-19の影響：

COVID-19の大流行はガラス繊維業界に大きな影響を与えました。当初、サプライチェーンの混乱により原材料の納入や製造工程に遅れが生じ、生産量の減少につながりました。渡航制限やロックダウンはこれらの課題をさらに悪化させ、労働力の確保や操業の継続性に影響を与えました。パンデミックの間、世界経済の不確実性により需要パターンが変動し、ガラス繊維製品の市場力学に影響を与えました。しかし、パンデミックはまた、遠隔作業技術の革新と業界内のデジタル化への取り組みを促し、デジタル変革の取り組みを加速させました。

パフォーマンスガラス繊維セグメントは予測期間中最大になる見込み

パフォーマンスガラス繊維セグメントは予測期間中に最大となる見込みです。主に断熱材や補強材として使用される従来のガラス繊維とは異なり、パフォーマンスガラス繊維は強度、耐久性、汎用性においてより高い基準を満たすように設計されています。この分野では、高度な製造工程と革新的な材料によってガラス繊維の機械的特性と性能特性を高めることに重点を置いています。さらに、特殊なコーティングや添加剤を組み込んだり、繊維の組成そのものを変えたりすることで、メーカーはこれらの繊維を、現代の技術進歩が要求する特定の性能要件を満たすように調整することができます。

予測期間中、光ファイバー分野が最も高いCAGRが見込まれる

光ファイバー分野は、予測期間中に最も高いCAGRが見込まれます。もともとは通信用に開発された光ファイバーは、信号損失を最小限に抑えながら長距離を高速でデータ伝送する比類のない能力により、現在ではヘルスケア、航空宇宙、自動車などさまざまな産業で不可欠なものとなっています。この需要は、強度、柔軟性、伝送容量の向上に焦点を当てたガラス繊維製造の絶え間ない進歩を促してきました。材料科学と製造プロセスの革新により、従来よりも細く、軽く、耐久性に優れた光ファイバーが製造されるようになり、その用途は従来の用途以外にも広がっています。

最大のシェアを占める地域

北米地域が、推定期間を通じて市場で最大のシェアを占めています。同地域では、リサイクル材料の使用や生産工程におけるエネルギー消費の削減など、持続可能な手法を採用する企業が増えています。この変化は、環境問題に対処するだけでなく、環境に優しい製品に対する消費者の嗜好の高まりとも一致しています。さらに、持続可能性への取り組みがこの分野での技術革新を促進し、より効率的な製造技術の開発やバイオベースの材料のイントロダクションつながっています。

CAGRが最も高い地域：

欧州地域は、持続可能でエネルギー効率の高い建設慣行により、予測期間中に収益性の高い成長を維持すると予測され、ガラス繊維はその軽量性と耐久性が評価されています。建設における安全基準強化のための厳しい規制要件が、従来の代替品と比較して優れた強度と耐火性を提供するガラス繊維材料の採用を後押ししています。さらに、都市部の近代化と拡大を目的とした欧州全域のインフラプロジェクトへの投資が増加しており、コンクリート補強材や断熱材などの用途におけるガラス繊維複合材料の需要がさらに高まっています。

無料のカスタマイズサービス

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます：

• 企業プロファイル
  • 追加市場プレイヤーの包括的プロファイリング（3社まで）
  • 主要企業のSWOT分析（3社まで）
• 地域セグメンテーション
  • 顧客の関心に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによる）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査情報源
  • 1次調査情報源
  • 2次調査情報源
  • 前提条件

第3章 市場動向分析

• 促進要因
• 抑制要因
• 機会
• 脅威
• 製品分析
• 用途分析
• エンドユーザー分析
• 新興市場
• COVID-19の影響

第4章 ポーターのファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界のガラス繊維市場：製品別

• 高パフォーマンスガラス繊維
• Eクラスガラス繊維

第6章 世界のガラス繊維市場：用途別

• ろ過材
• 絶縁
• 光ファイバー
• 増援
• 複合材料
• その他の用途

第7章 世界のガラス繊維市場：エンドユーザー別

• 航空宇宙・防衛
• 建築・建設
• 電気・電子
• 交通機関
• その他のエンドユーザー

第8章 世界のガラス繊維市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋地域
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東・アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東とアフリカ

第9章 主な発展

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品発売
• 事業拡大
• その他の主要戦略

第10章 企業プロファイリング

• AGY Holding Corporation
• Ashland Global Holdings Inc
• BGF Industries, Inc
• Celanese Corporation
• Chomarat Group
• Hexcel Corporation
• KCC Corporation
• Montex Glass Fibre Industries Pvt. Ltd
• Nippon Electric Glass Co.,Ltd
• PPG Industries

List of Tables

• Table 1 Global Glass Fiber Market Outlook, By Region (2022-2030) ($MN)
• Table 2 Global Glass Fiber Market Outlook, By Product (2022-2030) ($MN)
• Table 3 Global Glass Fiber Market Outlook, By Performance Glass Fiber (2022-2030) ($MN)
• Table 4 Global Glass Fiber Market Outlook, By E-Class Glass Fiber (2022-2030) ($MN)
• Table 5 Global Glass Fiber Market Outlook, By Application (2022-2030) ($MN)
• Table 6 Global Glass Fiber Market Outlook, By Filtration Media (2022-2030) ($MN)
• Table 7 Global Glass Fiber Market Outlook, By Insulation (2022-2030) ($MN)
• Table 8 Global Glass Fiber Market Outlook, By Optical Fibers (2022-2030) ($MN)
• Table 9 Global Glass Fiber Market Outlook, By Reinforcements (2022-2030) ($MN)
• Table 10 Global Glass Fiber Market Outlook, By Composites (2022-2030) ($MN)
• Table 11 Global Glass Fiber Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 12 Global Glass Fiber Market Outlook, By End User (2022-2030) ($MN)
• Table 13 Global Glass Fiber Market Outlook, By Aerospace and Defense (2022-2030) ($MN)
• Table 14 Global Glass Fiber Market Outlook, By Building and Construction (2022-2030) ($MN)
• Table 15 Global Glass Fiber Market Outlook, By Electrical and Electronics (2022-2030) ($MN)
• Table 16 Global Glass Fiber Market Outlook, By Transportation (2022-2030) ($MN)
• Table 17 Global Glass Fiber Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 18 North America Glass Fiber Market Outlook, By Country (2022-2030) ($MN)
• Table 19 North America Glass Fiber Market Outlook, By Product (2022-2030) ($MN)
• Table 20 North America Glass Fiber Market Outlook, By Performance Glass Fiber (2022-2030) ($MN)
• Table 21 North America Glass Fiber Market Outlook, By E-Class Glass Fiber (2022-2030) ($MN)
• Table 22 North America Glass Fiber Market Outlook, By Application (2022-2030) ($MN)
• Table 23 North America Glass Fiber Market Outlook, By Filtration Media (2022-2030) ($MN)
• Table 24 North America Glass Fiber Market Outlook, By Insulation (2022-2030) ($MN)
• Table 25 North America Glass Fiber Market Outlook, By Optical Fibers (2022-2030) ($MN)
• Table 26 North America Glass Fiber Market Outlook, By Reinforcements (2022-2030) ($MN)
• Table 27 North America Glass Fiber Market Outlook, By Composites (2022-2030) ($MN)
• Table 28 North America Glass Fiber Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 29 North America Glass Fiber Market Outlook, By End User (2022-2030) ($MN)
• Table 30 North America Glass Fiber Market Outlook, By Aerospace and Defense (2022-2030) ($MN)
• Table 31 North America Glass Fiber Market Outlook, By Building and Construction (2022-2030) ($MN)
• Table 32 North America Glass Fiber Market Outlook, By Electrical and Electronics (2022-2030) ($MN)
• Table 33 North America Glass Fiber Market Outlook, By Transportation (2022-2030) ($MN)
• Table 34 North America Glass Fiber Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 35 Europe Glass Fiber Market Outlook, By Country (2022-2030) ($MN)
• Table 36 Europe Glass Fiber Market Outlook, By Product (2022-2030) ($MN)
• Table 37 Europe Glass Fiber Market Outlook, By Performance Glass Fiber (2022-2030) ($MN)
• Table 38 Europe Glass Fiber Market Outlook, By E-Class Glass Fiber (2022-2030) ($MN)
• Table 39 Europe Glass Fiber Market Outlook, By Application (2022-2030) ($MN)
• Table 40 Europe Glass Fiber Market Outlook, By Filtration Media (2022-2030) ($MN)
• Table 41 Europe Glass Fiber Market Outlook, By Insulation (2022-2030) ($MN)
• Table 42 Europe Glass Fiber Market Outlook, By Optical Fibers (2022-2030) ($MN)
• Table 43 Europe Glass Fiber Market Outlook, By Reinforcements (2022-2030) ($MN)
• Table 44 Europe Glass Fiber Market Outlook, By Composites (2022-2030) ($MN)
• Table 45 Europe Glass Fiber Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 46 Europe Glass Fiber Market Outlook, By End User (2022-2030) ($MN)
• Table 47 Europe Glass Fiber Market Outlook, By Aerospace and Defense (2022-2030) ($MN)
• Table 48 Europe Glass Fiber Market Outlook, By Building and Construction (2022-2030) ($MN)
• Table 49 Europe Glass Fiber Market Outlook, By Electrical and Electronics (2022-2030) ($MN)
• Table 50 Europe Glass Fiber Market Outlook, By Transportation (2022-2030) ($MN)
• Table 51 Europe Glass Fiber Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 52 Asia Pacific Glass Fiber Market Outlook, By Country (2022-2030) ($MN)
• Table 53 Asia Pacific Glass Fiber Market Outlook, By Product (2022-2030) ($MN)
• Table 54 Asia Pacific Glass Fiber Market Outlook, By Performance Glass Fiber (2022-2030) ($MN)
• Table 55 Asia Pacific Glass Fiber Market Outlook, By E-Class Glass Fiber (2022-2030) ($MN)
• Table 56 Asia Pacific Glass Fiber Market Outlook, By Application (2022-2030) ($MN)
• Table 57 Asia Pacific Glass Fiber Market Outlook, By Filtration Media (2022-2030) ($MN)
• Table 58 Asia Pacific Glass Fiber Market Outlook, By Insulation (2022-2030) ($MN)
• Table 59 Asia Pacific Glass Fiber Market Outlook, By Optical Fibers (2022-2030) ($MN)
• Table 60 Asia Pacific Glass Fiber Market Outlook, By Reinforcements (2022-2030) ($MN)
• Table 61 Asia Pacific Glass Fiber Market Outlook, By Composites (2022-2030) ($MN)
• Table 62 Asia Pacific Glass Fiber Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 63 Asia Pacific Glass Fiber Market Outlook, By End User (2022-2030) ($MN)
• Table 64 Asia Pacific Glass Fiber Market Outlook, By Aerospace and Defense (2022-2030) ($MN)
• Table 65 Asia Pacific Glass Fiber Market Outlook, By Building and Construction (2022-2030) ($MN)
• Table 66 Asia Pacific Glass Fiber Market Outlook, By Electrical and Electronics (2022-2030) ($MN)
• Table 67 Asia Pacific Glass Fiber Market Outlook, By Transportation (2022-2030) ($MN)
• Table 68 Asia Pacific Glass Fiber Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 69 South America Glass Fiber Market Outlook, By Country (2022-2030) ($MN)
• Table 70 South America Glass Fiber Market Outlook, By Product (2022-2030) ($MN)
• Table 71 South America Glass Fiber Market Outlook, By Performance Glass Fiber (2022-2030) ($MN)
• Table 72 South America Glass Fiber Market Outlook, By E-Class Glass Fiber (2022-2030) ($MN)
• Table 73 South America Glass Fiber Market Outlook, By Application (2022-2030) ($MN)
• Table 74 South America Glass Fiber Market Outlook, By Filtration Media (2022-2030) ($MN)
• Table 75 South America Glass Fiber Market Outlook, By Insulation (2022-2030) ($MN)
• Table 76 South America Glass Fiber Market Outlook, By Optical Fibers (2022-2030) ($MN)
• Table 77 South America Glass Fiber Market Outlook, By Reinforcements (2022-2030) ($MN)
• Table 78 South America Glass Fiber Market Outlook, By Composites (2022-2030) ($MN)
• Table 79 South America Glass Fiber Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 80 South America Glass Fiber Market Outlook, By End User (2022-2030) ($MN)
• Table 81 South America Glass Fiber Market Outlook, By Aerospace and Defense (2022-2030) ($MN)
• Table 82 South America Glass Fiber Market Outlook, By Building and Construction (2022-2030) ($MN)
• Table 83 South America Glass Fiber Market Outlook, By Electrical and Electronics (2022-2030) ($MN)
• Table 84 South America Glass Fiber Market Outlook, By Transportation (2022-2030) ($MN)
• Table 85 South America Glass Fiber Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 86 Middle East & Africa Glass Fiber Market Outlook, By Country (2022-2030) ($MN)
• Table 87 Middle East & Africa Glass Fiber Market Outlook, By Product (2022-2030) ($MN)
• Table 88 Middle East & Africa Glass Fiber Market Outlook, By Performance Glass Fiber (2022-2030) ($MN)
• Table 89 Middle East & Africa Glass Fiber Market Outlook, By E-Class Glass Fiber (2022-2030) ($MN)
• Table 90 Middle East & Africa Glass Fiber Market Outlook, By Application (2022-2030) ($MN)
• Table 91 Middle East & Africa Glass Fiber Market Outlook, By Filtration Media (2022-2030) ($MN)
• Table 92 Middle East & Africa Glass Fiber Market Outlook, By Insulation (2022-2030) ($MN)
• Table 93 Middle East & Africa Glass Fiber Market Outlook, By Optical Fibers (2022-2030) ($MN)
• Table 94 Middle East & Africa Glass Fiber Market Outlook, By Reinforcements (2022-2030) ($MN)
• Table 95 Middle East & Africa Glass Fiber Market Outlook, By Composites (2022-2030) ($MN)
• Table 96 Middle East & Africa Glass Fiber Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 97 Middle East & Africa Glass Fiber Market Outlook, By End User (2022-2030) ($MN)
• Table 98 Middle East & Africa Glass Fiber Market Outlook, By Aerospace and Defense (2022-2030) ($MN)
• Table 99 Middle East & Africa Glass Fiber Market Outlook, By Building and Construction (2022-2030) ($MN)
• Table 100 Middle East & Africa Glass Fiber Market Outlook, By Electrical and Electronics (2022-2030) ($MN)
• Table 101 Middle East & Africa Glass Fiber Market Outlook, By Transportation (2022-2030) ($MN)
• Table 102 Middle East & Africa Glass Fiber Market Outlook, By Other End Users (2022-2030) ($MN)

According to Stratistics MRC, the Global Glass Fiber Market is accounted for $24.15 billion in 2024 and is expected to reach $37.27 billion by 2030 growing at a CAGR of 7.5% during the forecast period. Glass fiber, also known as fiberglass, is a versatile material composed of extremely fine fibers of glass. These fibers are typically woven into a mat or cloth and bound together with a resin to create a strong and lightweight composite material. Glass fiber finds extensive use in various industries due to its excellent mechanical properties, including high tensile strength, flexibility, and resistance to heat and corrosion.

According to the United States Census Bureau, construction spending in February 2024 grew by 10.7% from February 2023 estimate. According to the International Trade Administration, approximately USD 27 trillion will be spent on new infrastructure in China during the 14th Five-Year Plan between 2021 and 2025, with an estimated value of EUR 4.2 trillion.

Market Dynamics:

Driver:

Rising wind energy installations

The increasing installations of wind energy systems are driving substantial advancements in glass fiber technology. Glass fiber, a crucial component in wind turbine blades, is benefiting from ongoing research and development spurred by the booming renewable energy sector. These fibers, known for their strength, durability, and light weight, are essential for manufacturing longer and more efficient turbine blades. As wind turbines grow taller and their blades longer to capture higher wind speeds at greater altitudes, the demand for advanced glass fiber composites intensifies. Furthermore, innovations in glass fiber technology include enhancements in composition, such as incorporating stronger materials or refining manufacturing processes to achieve higher performance and durability standards.

Restraint:

Volatility in raw material prices

Volatility in raw material prices poses a significant challenge to the glass fiber industry. Glass fibers are manufactured from raw materials such as silica sand, limestone, and other chemicals, whose prices can fluctuate due to global economic conditions, supply chain disruptions, and geopolitical factors. These fluctuations directly impact production costs, making it difficult for manufacturers to predict and stabilize their expenses. However, businesses in the glass fiber sector face increased operational risks, including potential margin squeezes and financial instability.

Opportunity:

Urbanization and infrastructure development

Urbanization and infrastructure development are driving the demand for glass fiber due to its versatile applications and durability. As cities expand, there is a growing need for stronger, lighter, and more resilient materials to construct buildings, roads, bridges, and other critical infrastructure. Glass fiber, composed of fine strands of glass, is renowned for its high strength-to-weight ratio and resistance to corrosion and weathering, making it ideal for reinforcing concrete, plastics, and composites used in construction. Moreover, the increasing emphasis on sustainability is boosting the adoption of glass fiber, as it can contribute to making structures more energy-efficient and environmentally friendly. Its ability to enhance the structural integrity of buildings and infrastructure while reducing maintenance costs further underscores its value in modern urban development.

Threat:

Health and safety issues

Health and safety issues are significant obstacles hindering the glass fiber industry. The production and handling of glass fibers involve exposure to potentially harmful substances such as silica dust, which can cause respiratory problems like silicosis if adequate precautions are not taken. The process of manufacturing glass fibers often requires high temperatures and the use of chemicals, posing risks of burns and chemical exposures to workers if safety protocols are not strictly followed. However, the physical properties of glass fibers, such as their fine and sharp structure, can also lead to skin irritation and injury if proper handling techniques and protective gear are not used.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted the glass fiber industry. Initially, disruptions in supply chains caused delays in raw material deliveries and manufacturing processes, leading to reduced production outputs. Travel restrictions and lockdowns further exacerbated these challenges, affecting workforce availability and operational continuity. Fluctuating demand patterns due to global economic uncertainties during the pandemic affected the market dynamics of glass fiber products. However, the pandemic also prompted innovations in remote work technologies and digitalization efforts within the industry, accelerating digital transformation initiatives.

The Performance Glass Fiber segment is expected to be the largest during the forecast period

Performance Glass Fiber segment is expected to be the largest during the forecast period. Unlike traditional glass fibers used primarily for insulation and reinforcement, Performance Glass Fibers are engineered to meet higher standards of strength, durability, and versatility. This segment focuses on enhancing the mechanical properties and performance characteristics of glass fibers through advanced manufacturing processes and innovative materials. Moreover, by incorporating specialized coatings, additives, or altering the fiber composition itself, manufacturers can tailor these fibers to meet specific performance requirements demanded by modern technological advancements.

The Optical Fibers segment is expected to have the highest CAGR during the forecast period

Optical Fibers segment is expected to have the highest CAGR during the forecast period. Originally developed for telecommunications, optical fibers are now indispensable in various industries such as healthcare, aerospace, and automotive due to their unparalleled ability to transmit data over long distances at high speeds with minimal signal loss. This demand has driven continuous advancements in glass fiber manufacturing, focusing on improving strength, flexibility, and transmission capacity. Innovations in material science and manufacturing processes have led to the production of optical fibers that are thinner, lighter, and more durable than ever before, expanding their applications beyond traditional uses.

Region with largest share:

North America region commanded the largest share of the market throughout the extrapolated period. Companies are increasingly adopting sustainable practices, such as using recycled materials and reducing energy consumption during production processes throughout the region. This shift not only addresses environmental concerns but also aligns with growing consumer preferences for eco-friendly products. Additionally, sustainability initiatives are driving innovation within the sector, leading to the development of more efficient manufacturing techniques and the introduction of bio-based materials.

Region with highest CAGR:

Europe region is projected to hold profitable growth during the forecasted period due to sustainable and energy-efficient construction practices, where glass fibers are valued for their lightweight and durable properties. Stringent regulatory requirements for enhanced safety standards in construction have bolstered the adoption of glass fiber materials, which offer superior strength and fire resistance compared to traditional alternatives. Moreover, the increasing investments in infrastructure projects across Europe, aimed at modernizing and expanding urban areas, further amplify the demand for glass fiber composites in applications such as reinforcement materials for concrete and insulation.

Key players in the market

Some of the key players in Glass Fiber market include AGY Holding Corporation, Ashland Global Holdings Inc, BGF Industries, Inc, Celanese Corporation, Chomarat Group, Hexcel Corporation, KCC Corporation, Montex Glass Fibre Industries Pvt. Ltd, Nippon Electric Glass Co.,Ltd and PPG Industries.

Key Developments:

In October 2023, Ahlstrom (a manufacturer of fiber-based materials) introduced its new glass fiber tissue line for high-performance building materials. As the market shifts toward sustainable, high-performance building materials, Ahlstrom continues expanding its glass fiber tissue businesses and strengthening its manufacturing operations worldwide with the completion of a significant investment at its manufacturing facility in Madisonville, Kentucky, the United States.

In September 2022, SABIC, a leading name in the glass fiber products space, announced the launch of its new glass-fiber reinforced polypropylene compounds for structural applications in the automotive industry.

In August 2022, Owens Corning and Pultron Composites collaborated to manufacture fiberglass rebar. The joint venture between the companies will provide them with more sustainable product solutions. Thus, the companies launched PINKBAR Fiberglas Rebar, used in flatwork and residential applications, and MATEENBAR Fiberglas Rebar, used in heavy-load structural applications in newer markets.

Products Covered:

• Performance Glass Fiber
• E-Class Glass Fiber

Applications Covered:

• Filtration Media
• Insulation
• Optical Fibers
• Reinforcements
• Composites
• Other Applications

End Users Covered:

• Aerospace and Defense
• Building and Construction
• Electrical and Electronics
• Transportation
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Glass Fiber Market, By Product

• 5.1 Introduction
• 5.2 Performance Glass Fiber
• 5.3 E-Class Glass Fiber

6 Global Glass Fiber Market, By Application

• 6.1 Introduction
• 6.2 Filtration Media
• 6.3 Insulation
• 6.4 Optical Fibers
• 6.5 Reinforcements
• 6.6 Composites
• 6.7 Other Applications

7 Global Glass Fiber Market, By End User

• 7.1 Introduction
• 7.2 Aerospace and Defense
• 7.3 Building and Construction
• 7.4 Electrical and Electronics
• 7.5 Transportation
• 7.6 Other End Users

8 Global Glass Fiber Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 AGY Holding Corporation
• 10.2 Ashland Global Holdings Inc
• 10.3 BGF Industries, Inc
• 10.4 Celanese Corporation
• 10.5 Chomarat Group
• 10.6 Hexcel Corporation
• 10.7 KCC Corporation
• 10.8 Montex Glass Fibre Industries Pvt. Ltd
• 10.9 Nippon Electric Glass Co.,Ltd
• 10.10 PPG Industries