Enjoy complimentary customisation on priority with our Enterprise License!
The glass fiber market size is forecast to increase by USD 4.34 billion at a CAGR of 5.2% between 2023 and 2028. The market is experiencing significant growth due to the increasing demand for lightweight and durable materials in various industries. In construction, glass fibers are increasingly being used in doors and window frames due to their strength and insulation properties. Fiberglass composites, including those reinforced with carbon fiber, are also gaining popularity in the production of decking and other building materials. Moreover, the wind energy sector is a major contributor to the market's growth. Glass fiber reinforced polymers are used extensively in wind turbine blades, making them a crucial component in the renewable energy sector. However, the availability of substitutes such as metal and concrete can pose a challenge to market growth. Additionally, Rockwool, a leading manufacturer of stone wool insulation, is also utilizing glass fibers in its products to offer lightweight and insulating solutions.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.