As environmental concerns become increasingly serious, there is an increasing demand for lightweight composite materials in many industries to reduce carbon footprints. In addition, the continued development of smart infrastructure is also driving the use of glass fibers to control overheating and maintain room temperature.
Accordingly, various government agencies across the globe are increasingly investing in the sustainable development of green and energy-efficient buildings, thereby stimulating the demand for fiberglass. Additionally, an increase in the number of renovation and remodeling activities has led to the replacement of traditional building materials with fiberglass for floors, walls, windows, panels, etc. to provide better insulation and enhance structural stability.
More details in Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.
Fiberglass refers to reinforced plastic materials made from glass fibers embedded in a resin matrix. It is widely available in the form of glass wool, direct and combined rovings, yarns, chopped strands, flattened sheets, etc.
Fiberglass is lightweight, cost-effective, corrosion-resistant, durable, and provides high electrical insulation. Due to its improved energy efficiency and ecological sustainability, it is widely adopted over traditional materials such as aluminum and steel. Therefore, fiberglass is widely used in various industries such as construction, automotive, aerospace and defense, and electronics.
Key factors driving fiberglass demand include lightweight materials, renewable energy, construction and infrastructure, and corrosion resistance. The construction industry is the largest end user of fiberglass, followed by the automotive, wind energy, aerospace and electronics industries. Apart from this, the increasing adoption of renewable energy sources, especially wind energy, across the globe is a major driving force for the fiberglass market. Fiberglass is a key component in the manufacture of wind turbine blades, and its demand is expected to grow as demand for wind energy continues to rise.
The construction industry is also a significant consumer of fiberglass, which is used as reinforcement to provide strength and durability to structures. As global urbanization continues, demand for fiberglass in the construction sector is expected to rise.
Applications include aircraft, boats, automobiles, bath tubs and enclosures, swimming pools, hot tubs, septic tanks, water tanks, roofing, pipes, cladding, orthopedic casts, surfboards, and external door skins.
By end user:
Put up
Car
Wind energy
Aerospace and defense
Electronic product
Others
Search from here
Get Free Quotes
Scan the QR code and add my WeChat friends
Wechat : amxingda
Scan the QR code and add my QQ friends
QQ : 561****05