글로벌 유리섬유 직물 시장 – 2029년까지의 산업 동향 및 예측

시장 분석 및 규모

유리섬유 직물 시장은 수십 년 동안 존재해 왔으며, 건설 산업이 유리섬유 직물의 가장 활발한 소비자로 부상하면서 지금은 강력한 수요를 목격하고 있습니다. 최근 몇 년 동안 경제적으로 번영하는 지역에서 여러 새로운 건설 프로젝트가 시작되었습니다. 게다가, 여러 핵심 최종 사용 산업의 발전으로 유리섬유 직물에 대한 수요가 전 세계적으로 증가하고 있습니다. 이에 더하여, 전기 및 전자 산업은 유리섬유 직물이 전자 장치 생산에 매우 중요한 구성 요소이기 때문에 많은 수익이 유입되었으며, 이에 대한 수요가 급증할 것으로 예상됩니다. 앞서 언급한 이러한 요인으로 인해 글로벌 유리섬유 직물 시장은 예상 기간 동안 엄청난 수익을 창출할 것으로 예상됩니다.

글로벌 유리섬유 직물 시장은 2021년에 121억 달러 규모로 평가되었으며, 2029년까지 203억 8천만 달러에 도달할 것으로 예상되며, 2022-2029년 예측 기간 동안 6.73%의 CAGR을 기록할 것입니다. "e-유리섬유"는 광범위한 특성과 비용 효율성으로 인해 유리섬유 직물 시장에서 가장 큰 섬유 유형 세그먼트를 차지합니다. Data Bridge Market Research 팀이 큐레이팅한 시장 보고서에는 시장 가치, 성장률, 시장 세그먼트, 지리적 범위, 시장 참여자 및 시장 시나리오와 같은 시장 통찰력 외에도 심층적인 전문가 분석, 수입/수출 분석, 가격 분석, 생산 소비 분석 및 기후 사슬 시나리오가 포함되어 있습니다.

보고 범위 및 시장 세분화

Market Definition

Fiberglass fabric (PFPE) is a low-molecular-weight fluorinated synthetic fluid. Fiberglass fabric is non-toxic and non-flammable in its natural state. It is utilized in severe temperatures ranging from 80°C to 200°C. PFPE's molecular structure might be linear, branched, or a combination of both, depending on the application. Temperature resistance, lubricity, wear resistance, and fluid volatility are all provided by PFPE.

Fiberglass fabric Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Increased Utilization within Automotive Sector

The fiberglass is commonly used in front and rear bumpers, hoods, doors, casings, timing belts, and V-belts because of its high tensile strength, temperature resistance, and dimensional stability. According to OICA, light commercial vehicle production in the APAC region increased by 10.2% in 2018. In addition, woven fiberglass fabrics reinforce automotive parts such as clutch discs and brake pads to maintain the composite's integrity in a hot and abrasive environment. As a result, as automation rises, more fiberglass fabric will be needed to manufacture various automotive parts, which will drive the fiberglass fabric market during the forecast period.

• Expansion of Aerospace Industries

The fiberglass is used in both the military and civilian aerospace industries to manufacture parts like test equipment, ducting, and enclosures due to its superior tensile and compressive strength qualities. They are also widely used in aerospace to reduce weight (up to 20% less than aluminum), improve fuel efficiency, and extend flight range. According to the International Trade Administration (ITA), China was the world's second-largest civil aerospace and aviation services market and one of the fastest-growing markets in 2019. China had 59 airlines and 3,615 civil aircraft by the end of 2018, an increase of 10% over 2017. According to the International Trade Administration (ITA), the Indian government spent $645 million on civil aviation in 2018, according to the International Trade Administration (ITA). India is also expected to drive demand for 2,300 aircraft worth US$320 billion over the next 20 years, according to Boeing. As the aerospace industry grows, the demand for fiberglass fabric will act as a growth driver for the fiberglass fabric market.

Furthermore, the growing demand for fiberglass fabric in various end-use industries such as building and construction, automotive and transportation, wind energy, aerospace and defense, chemical, and others. Due to their extensive set of characteristics, such as high tensile strength, dimensional stability, high heat resistance, fire resistance, excellent thermal conductivity, good chemical resistance, and more, fiberglass fabrics are in high demand in a variety of industries. Furthermore, because of its lightweight, electrical, and durable properties, fiberglass fabrics are widely used in electrical and electronics applications, which is expected to drive the fiberglass fabric market during the forecast period.

Opportunities

• Technological Development and Research and Development

Furthermore, the development of new technologies to improve product quality for high-tech aerospace, defense and electronics applications extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the market players' growing research and development activities will further expand the future growth of the fiberglass fabric market.

Restraints/Challenges

• High Costs

The fiber production process is very lengthy and difficult as time-consuming and labor-intensive manufacturing methods such as Vacuum Assisted Transfer Molding (VARTM) and autoclaving are used in the procedure. It also necessitates a significant amount of energy. The cost of energy alone accounts for a significant portion of the total cost of fiber production. Given that composite manufacturing is a highly specialized field, labor is practically prohibitively expensive. The same can be said about machining. Owing to the high cost of the furnace and other machinery, the product is highly capital-intensive. The higher the product's sophistication, the higher the labor and machining costs. As a result, handling raw materials and final products necessitates skilled labor, raising production costs.

• Disadvantage of Fiberglass Fabric

Fiberglass fabric has a number of drawbacks, including the need to re-gel coat every five years and the possibility of airborne fibers, which can be problematic for asthmatics. This factor is estimated to hinder the market growth.

• Uncertain Wind Energy Market

Also, the uncertainty of the wind energy market will prove to be a demerit for the fiberglass fabric market. Therefore, this will challenge the fiberglass fabric market growth rate.

This fiberglass fabric market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the fiberglass fabric market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Fiberglass Fabric Market

The recent outbreak of coronavirus had a negative impact on the fiberglass fabric market as all building and construction activities have been halted until the pandemic has passed, and no new orders or existing order production can be completed. Furthermore, the COVID-19 pandemic is wreaking havoc on the aviation industry. The production of aircraft has been halted, resulting in a significant drop in the total aerospace sector. By the end of 2025, global demand for short-haul sized aircraft is expected to drop by 15% (around 1,500 fewer aircraft out of 10,000) and by 30 - 65 percent for long-haul sized craft, according to Welsh Government services and information (around 600 - 1,300 fewer aircraft out of 2,000).

On the brighter side, the market began to gain traction as the various regulatory bodies begin to relax these enforced lockdowns. As a result of the suspended and cancelled operations, the market is expected to expand.

Global Fiberglass Fabric Market Scope

The fiberglass fabric market is segmented on the basis of fiber type, fabric type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Fiber Type

• E-Glass
• A-Glass
• C-Glass
• D-Glass
• S-Glass
• Others

Fabric Type

• Woven
• Non-Woven

Application

• Wind Energy
• Transportation
• Electrical and Electronics
• Marine
• Construction
• Aerospace and Defense
• Others

Fiberglass Fabric Market Regional Analysis/Insights

The fiberglass fabric market is analyzed and market size insights and trends are provided by country, fiber type, fabric type and application as referenced above.

The countries covered in the fiberglass fabric market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the fiberglass fabric market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the increased manufacturing and construction activities due to various government initiatives.

On the other hand, Asia-Pacific is estimated to show lucrative growth over the forecast period of 2022-2029, due to the continuous investments coupled with the highly developed electronics and construction sector in the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Fiberglass Fabric Market Share Analysis

유리섬유 직물 시장 경쟁 구도는 경쟁자별 세부 정보를 제공합니다. 포함된 세부 정보에는 회사 개요, 회사 재무, 창출된 수익, 시장 잠재력, 연구 개발 투자, 새로운 시장 이니셔티브, 글로벌 입지, 생산 현장 및 시설, 생산 용량, 회사의 강점과 약점, 제품 출시, 제품 폭과 범위, 응용 분야 우위가 있습니다. 위에 제공된 데이터 포인트는 유리섬유 직물 시장과 관련된 회사의 초점에만 관련이 있습니다.

유리섬유 직물 시장에서 운영되는 주요 업체 중 일부는 다음과 같습니다.

• 아사히카세이(일본)
• 듀폰(미국)
• 오웬스 코닝(미국)
• 구릿(스위스)
• Jushi Group Co., Ltd. (중국)
• 쇼마라(프랑스)
• Saertex GmbH & Co.KG. (독일)
• 타통섬유유한공사(중국)
• 오번 제조 주식회사(미국)
• BGF Industries, Inc. (미국)
• Nitto Boseki Co., Ltd.(일본)
• 생고뱅(프랑스)
• 헥셀 코퍼레이션(미국)
• TEI Composites Corporation(일본)
• Fibre Glast Developments Corp.(미국)
• 포처 인더스트리(독일)

SKU-55883