Alkali-Free Fiberglass Market
Global Alkali-Free Fiberglass Market Size, Share & Trends Analysis Report by Type (General-Purpose Glass Fiber, and Special-Purpose Glass Fiber), and by Application (Construction, Transportation, Industrial Application, Consumer Goods, Automobile, Aerospace & Defense, Food & Beverage, Energy, and Other), Forecast 2021-2027
The global alkali-free fiberglass market is anticipated to grow at a significant CAGR during the forecast period. The increased demand for alkali-free fiberglass in automobile industry is anticipated to drive the market growth. With the promotion of automobile energy efficiency and discharge reduction along with increased acceptance of New Energy Vehicles (NEVs), fiberglass composite material has gradually substituted traditional metal material in the lightweight automobile segment. For instance, in October 2021, Israel Manna Leminates company launched FEATURE FML (Fiber-Metal Leminate), which is semi-finished raw material. Sheet layers can be positioned outside the laminate or in the middle of layers of reinforced fabric in this laminate. Organic board semi-finished materials are recognised to be appropriate for electric vehicles.
Impact of COVID-19 Pandemic on Global Alkali-Free Fiberglass Market
The COVID-19 pandemic had spread to almost every country on the globe. Many countries in the world declared lockdown to control the occurrence of COVID-19 and prohibit the gatherings. Further, the construction industry has been adversely affected by the COVID-19 due to lockdown, shortage of labour and others. As construction is the key end-user industry of alkali-free fiberglass, the market has been negatively impacted. The global vehicle production has also fallen brutally, which has resulted in the reduction in demand of alkali-free fiberglass. Transportation was also limited due to which the import and export was restricted and resulted is shortage of raw material.
Segmental Outlook
The global alkali-free fiberglass market is segmented based on the type and application. Based on the types, the market is segmented into general-purpose glass fiber, and special-purpose glass fiber. Based on the application, the market is sub-segmented into the construction, transportation, industrial application, consumer goods, automobile, aerospace and defense, food & beverage, energy, and other which comprises of fabric. Out of application segment automobile industry can lead to rise in demand for alkali-free fiberglass market.
Global Alkali-Free Fiberglass Market Share by Application, 2020 (%)
The Automobile Industry Anticipated to Hold Significant Share in the Global Alkali-Free Fiberglass Market
The automobile industry expected to hold considerable market share in global alkali-free fiberglass market. It has widely used is automobile industry to make vehicle, body kits components. For instance, in January 2020, DinorexTM technology of Nippon Electric Glass Co. was adopted for in-vehicle displays in the Toyota luxury minivan models that is Toyota Alphard and Vellfire. The cover glass is a sheet of DinorexTM which was adopted by Toyota for car navigation displays.
Regional Outlooks
The global alkali-free fiberglass market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for particular region or country level as per the requirement.
Global ALKALI-FREE FIBERGLASS Market Growth, by Region 2021-2027
The Asia-Pacific Region Holds the Prominent Market Share in the Global Alkali-Free Fiberglass Market
Asia-Pacific region is expected to hold the prominent share in global alkali-free fibre glass market due to its increased demand in construction industry. The construction sector in Asia-pacific is increasing at a healthy rate due to increase in the demand for fiberglass in commercial building sector. For instance, in November 2019, Jushi India Fibreglass Ltd.’s parent company China Jushi aimed to start the production in Mahashtra India. Jushi’s product portfolio consisted of all types of fibreglass products to be utilised in markets across automobile industry, railways, manufacturing of chemical and sports equipment, construction industry, electrical products, and others. As India’s fiberglass market is growing at a considerable rate, Jushi India aimed to reach out to these industries in the Indian market.
Market Players Outlook
The major companies serving the global alkali-free fiberglass market include Ahlstrom-Munksjö, China Jushi Co., Ltd, Chongqing Dujiang Composites Co.,Ltd, Chongqing Polycomp International Corp., ECPlaza Network Inc., Guangdong Bohao Composites Co, Hebei Yuniu Fiberglass Manufacturing Co.,Ltd, Henan Lanphan Technology Co. Ltd. , and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in December 2020, China Jushi and Sinoma Technology whose parent company is CNBM Group after the merger made announcement to speed up the rivalry due to coinciding activities between the companies in fiberglass industry through asset reorganization. The companies are majorly engaged in fabrication and sales of wind turbine blades.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global alkali-free fiberglass market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Alkali-Free Fiberglass Market
• Recovery Scenario of Global Alkali-Free Fiberglass Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. China Jushi Co., Ltd.
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Nippon Electric Glass Co., Ltd.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. PPG Industries
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Key Strategy Analysis
3.5. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Alkali-Free Fiberglass Market by Type
4.1.1. General-Purpose Glass Fiber
4.1.2. Special-Purpose Glass Fiber
4.2. Global Alkali-Free Fiberglass Market By Application
4.2.1. Construction
4.2.2. Transportation
4.2.3. Industrial Application
4.2.4. Consumer Goods
4.2.5. Automobile
4.2.6. Aerospace and Defense
4.2.7. Food & Beverage
4.2.8. Energy
4.2.9. Other (Fabric)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Ahlstrom-Munksjö
6.2. Chongqing Dujiang Composites Co.,Ltd,
6.3. Chongqing Polycomp International Corp.
6.4. ECPlaza Network Inc.
6.5. Guangdong Bohao Composites Co
6.6. Hebei Yuniu Fiberglass Manufacturing Co.,Ltd
6.7. Henan Lanphan Technology Co. Ltd.
6.8. Johns Manville
6.9. Jiujiang Xinxing glass fiber material Co., Ltd
6.10. Kalshine (Nanjing) Environmental Co.,Ltd
6.11. LANXESS
6.12. NANJING EFG CO., LTD.
6.13. Owens Corning
6.14. Renqiu Boda Fiberglass Products Co., Ltd.
6.15. Saint-Gobain Vetrotex
6.16. Shanghai Metal
6.17. Sinoma Science & Technology Co.,Ltd.
1. GLOBAL ALKALI-FREE FIBERGLASS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
2. GLOBAL GENERAL-PURPOSE GLASS FIBER MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL SPECIAL-PURPOSE GLASS FIBER MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL ALKALI-FREE FIBERGLASS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
5. GLOBAL ALKALI-FREE FIBERGLASS in CONSTRUCTION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL ALKALI-FREE FIBERGLASS IN TRANSPORTATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL ALKALI-FREE FIBERGLASS IN INDUSTRIAL APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL ALKALI-FREE FIBERGLASS IN CONSUMER GOODS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL ALKALI-FREE FIBERGLASS IN AUTOMOBILE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL ALKALI-FREE FIBERGLASS IN AEROSPACE & DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL ALKALI-FREE FIBERGLASS IN FOOD & BEVERAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL ALKALI-FREE FIBERGLASS IN ENERGY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL ALKALI-FREE FIBERGLASS IN OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL ALKALI-FREE FIBERGLASS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
15. NORTH AMERICAN ALKALI-FREE FIBERGLASS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
16. NORTH AMERICAN ALKALI-FREE FIBERGLASS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
17. NORTH AMERICAN ALKALI-FREE FIBERGLASS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
18. EUROPEAN ALKALI-FREE FIBERGLASS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
19. EUROPEAN ALKALI-FREE FIBERGLASS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
20. EUROPEAN ALKALI-FREE FIBERGLASS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
21. ASIA-PACIFIC ALKALI-FREE FIBERGLASS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
22. ASIA-PACIFIC ALKALI-FREE FIBERGLASS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
23. ASIA-PACIFIC ALKALI-FREE FIBERGLASS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
24. REST OF THE WORLD ALKALI-FREE FIBERGLASS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
25. REST OF THE WORLD ALKALI-FREE FIBERGLASS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
26. REST OF THE WORLD ALKALI-FREE FIBERGLASS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL ALKALI-FREE FIBERGLASS MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL ALKALI-FREE FIBERGLASS MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL ALKALI-FREE FIBERGLASS MARKET, 2021-2027 (%)
4. GLOBAL ALKALI-FREE FIBERGLASS MARKET SHARE BY TYPE, 2020 VS 2027 (%)
5. GLOBAL GENERAL-PURPOSE GLASS FIBER MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL SPECIAL-PURPOSE GLASS FIBER MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL ALKALI-FREE FIBERGLASS MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
8. GLOBAL ALKALI-FREE FIBERGLASS IN CONSTRUCTION MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL ALKALI-FREE FIBERGLASS IN TRANSPORTATION MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL ALKALI-FREE FIBERGLASS in INDUSTRIAL APPLICATION MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL ALKALI-FREE FIBERGLASS in CONSUMER GOODS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL ALKALI-FREE FIBERGLASS in AUTOMOBILE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
13. GLOBAL ALKALI-FREE FIBERGLASS in AEROSPACE & DEFENSE IN MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
14. GLOBAL ALKALI-FREE FIBERGLASS IN FOOD & BEVERAGE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL ALKALI-FREE FIBERGLASS IN ENERGY MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
16. GLOBAL ALKALI-FREE FIBERGLASS IN OTHER MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
17. GLOBAL ALKALI-FREE FIBERGLASS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
18. US ALKALI-FREE FIBERGLASS MARKET SIZE, 2020-2027 ($ MILLION)
19. CANADA ALKALI-FREE FIBERGLASS MARKET SIZE, 2020-2027 ($ MILLION)
20. UK ALKALI-FREE FIBERGLASS MARKET SIZE, 2020-2027 ($ MILLION)
21. FRANCE ALKALI-FREE FIBERGLASS MARKET SIZE, 2020-2027 ($ MILLION)
22. GERMANY ALKALI-FREE FIBERGLASS MARKET SIZE, 2020-2027 ($ MILLION)
23. ITALY ALKALI-FREE FIBERGLASS MARKET SIZE, 2020-2027 ($ MILLION)
24. SPAIN ALKALI-FREE FIBERGLASS MARKET SIZE, 2020-2027 ($ MILLION)
25. REST OF EUROPE ALKALI-FREE FIBERGLASS MARKET SIZE, 2020-2027 ($ MILLION)
26. INDIA ALKALI-FREE FIBERGLASS MARKET SIZE, 2020-2027 ($ MILLION)
27. CHINA ALKALI-FREE FIBERGLASS MARKET SIZE, 2020-2027 ($ MILLION)
28. JAPAN ALKALI-FREE FIBERGLASS MARKET SIZE, 2020-2027 ($ MILLION)
29. SOUTH KOREA ALKALI-FREE FIBERGLASS MARKET SIZE, 2020-2027 ($ MILLION)
30. REST OF ASIA-PACIFIC ALKALI-FREE FIBERGLASS MARKET SIZE, 2020-2027 ($ MILLION)
31. REST OF THE WORLD ALKALI-FREE FIBERGLASS MARKET SIZE, 2020-2027 ($ MILLION)
