Fiberglass is a type of reinforced plastic, in which the material used for reinforcement is glass fiber. Glass fibers can be of two types based on their geometry — continuous fibers that are used in yarns and textiles and discontinuous (short) fibers that are used as batts, blankets, and boards for insulation and filtration. Fiberglass materials are used in building products, including in mesh products, these are used for façade reinforcement and to prevent cracks on walls. Mesh fabric is a major component of insulation systems. In walls and ceiling, fiberglass is used for decorations and renovations. It is also used for protection from fire. In drywall tapes, these materials are used to increase the strength of joints and as repair solutions.
Technavio’s analysts forecast the global fiberglass building products market to grow at a CAGR of 5.65% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global fiberglass building products market for 2017-2021. To calculate the market size, the report considers the revenue generated from sales of fiberglass in the building products.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio's report, Global Fiberglass Building Products Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Braj Binani Group • China Beihai Fiberglass • Johns Manville • Jushi Group • Phifer • PPG Industries • Saint-Gobain
Other prominent vendors • Chongqing Polycomp International • Enduro • KCC Fiberglass • Knauf Insulation • Taishan Fiberglass
Market driver • Urbanization and increased investments in infrastructure development. • For a full, detailed list, view our report
Market challenge • Competitive environment and shortage of skilled workforce. • For a full, detailed list, view our report
Market trend • Advantages of using fiberglass over other alternatives. • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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