Glass-Fiber Fabric Market: Competitive Analysis, Market Trends and Forecast to 2031

The "Glass-Fiber Fabric Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Glass-Fiber Fabric market is expected to grow annually by 10.4% (CAGR 2024 - 2031).

This entire report is of 164 pages.

Glass-Fiber Fabric Introduction and its Market Analysis

The global Glass-Fiber Fabric market research report provides insights into the market conditions, with a focus on the evaluation of target market and major factors driving revenue growth. Glass-Fiber Fabric is a type of material made from thin strands of glass woven into a fabric, commonly used in industries such as aerospace, automotive, construction, and others. Key players in the market include Owens Corning, Gurit, Jushi Group Co., Ltd., Chomarat Textile Industries, among others. The report highlights market analysis of these companies, outlining their strategies and competitive landscape. The main findings of the report emphasize the increasing demand for lightweight materials and advancements in technology driving market growth. Recommendations include investing in research and development to expand product offerings and capitalize on emerging opportunities.

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The global Glass-Fiber Fabric market is witnessing significant growth with the increasing demand for various types such as Alkali-free Glass Fiber, Medium-alkali Glass Fiber, and High-alkali Glass Fiber. These fabrics find applications in Electrical & Electronics, Marine, Construction, Transportation, and other industries, owing to their high strength, durability, and resistance to fire and corrosion.

However, the market is also influenced by various regulatory and legal factors specific to different regions. For instance, stringent regulations regarding the use of certain chemicals in the manufacturing process may impact the production and sale of glass-fiber fabrics in some countries. Additionally, legal restrictions on the import and export of these fabrics can also affect market conditions.

Overall, the Glass-Fiber Fabric market is expected to continue growing due to the increasing demand from various industries and advancements in technology. Companies operating in this market need to stay informed about the regulatory and legal factors to ensure compliance and sustainable growth in the industry.

Top Featured Companies Dominating the Global Glass-Fiber Fabric Market

The global glass-fiber fabric market is highly competitive with a number of key players operating in the industry. Some of the major companies in the market include Owens Corning (US), Gurit (Switzerland), Jushi Group Co., Ltd. (China), Chomarat Textile Industries (France), Saertex GmbH & . (Germany), Tah Tong Textile Co., Ltd (China), Auburn Manufacturing, Inc. (US), BGF Industries, Inc. (US), Nitto Boseki Co., Ltd. (Japan), Taiwan Electric Insulator Co., Ltd (China), Saint-Gobain (France), Asahi Kasei (Japan), Hexcel Corporation (US), and Central Glass Co., Ltd. (Japan).

These companies are involved in the manufacturing, distribution, and marketing of glass-fiber fabrics for various applications such as construction, automotive, aerospace, wind energy, and marine industries. They use advanced technologies and materials to produce high-quality glass-fiber fabrics that offer superior strength, durability, and performance.

These companies play a key role in the growth of the glass-fiber fabric market by investing in research and development, expanding their product portfolios, and entering into strategic partnerships and collaborations with other industry players. They also focus on expanding their global presence by setting up manufacturing facilities in emerging markets and acquiring smaller companies to strengthen their market position.

In terms of sales revenue, Owens Corning, one of the leading players in the market, reported sales of approximately $7.1 billion in 2020. Gurit, a Switzerland-based company, reported sales of around CHF 330 million in the same year. However, specific sales revenue data for other companies listed above may vary depending on the market conditions and financial performance.

• Owens Corning (US)
• Gurit (Switzerland)
• Jushi Group Co., Ltd. (China)
• Chomarat Textile Industries (France)
• Saertex GmbH & Co.KG. (Germany)
• Tah Tong Textile Co., Ltd (China)
• Auburn Manufacturing, Inc. (US)
• BGF Industries, Inc. (US)
• Nitto Boseki Co., Ltd. (Japan)
• Taiwan Electric Insulator Co., Ltd. (China)
• Saint-Gobain (France)
• Asahi Kasei (Japan)
• Hexcel Corporation (US)
• Central Glass Co., Ltd. (Japan)

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Glass-Fiber Fabric Market Analysis, by Type:

• Alkali-free Glass Fiber
• Medium-alkali Glass Fiber
• High-alkali Glass Fiber

Alkali-free glass fiber is corrosion-resistant and suitable for use in environments with high temperatures and chemicals. Medium-alkali glass fiber offers a balance of strength and durability, making it ideal for a wide range of applications. High-alkali glass fiber provides maximum strength and is commonly used in construction and automotive industries. The availability of these diverse types of glass-fiber fabric caters to varying needs and requirements, thereby driving demand in the market. Customers can choose the most suitable type of glass-fiber fabric based on their specific project requirements, leading to increased sales and growth in the industry.

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Glass-Fiber Fabric Market Analysis, by Application:

• Electrical & Electronics
• Marine
• Construction
• Transportation
• Others

Glass-fiber fabric is widely used in various industries including electrical & electronics for insulation, marine for reinforcement, construction for structural strength, transportation for lightweight components, and other applications such as aerospace and sports equipment. In electrical & electronics, it is used for circuit boards and insulation. In marine, it provides reinforcement for boats and ships. In construction, it adds strength to buildings. In transportation, it is used for lightweight components in cars and airplanes. The fastest growing application segment in terms of revenue is expected to be construction, due to the increasing demand for strong and durable building materials.

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Glass-Fiber Fabric Industry Growth Analysis, by Geography:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The Glass-Fiber Fabric market is expected to witness significant growth in North America and Europe due to the increasing demand in automotive, construction, and aerospace industries. The market in Asia-Pacific, especially in China, is projected to dominate the global market with a higher market share percentage valuation. The rapid industrialization, infrastructure development, and growth in the manufacturing sector in these regions are expected to drive the demand for glass-fiber fabric. The market share of Glass-Fiber Fabric in North America is estimated to be around 30%, while in Europe it is expected to be around 25%, and in China, it is expected to be around 35%.

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