Data Bridge Market Research analyses that the glass and specialty synthetic fiber market is expected to undergo a CAGR of 6.43% during the forecast period. This indicates that the market value, which was USD 74.65 billion in 2021, would rocket up to USD 122.90 billion by 2029.  In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Glass fibre is a different type of synthetic fibre, also known as fibre glass. It is a material which consist of various fine fibres of glass. The versatility of this glass as a fibre makes it different material for several industries. Glass and specialty synthetic fiber are widely used as reinforcement for plastics materials to upsurge the tensile strength, impact resistance, dimensional stability, heat, flex modulus, creep resistance and chemical resistance.

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Scope of the Glass and Specialty Synthetic Fiber Market Report: 

The glass and specialty synthetic fiber market is segmented on the basis of type, application and end-use industry. 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.

Type

  • Glass Fiber
  • Specialty Synthetic Fibers
  • Uhmwpe Fiber
  • PPS Fiber
  • Others

 Application

  • Composite
  • Non-Composite

End-Use Industry

  • Aerospace and Defence
  • Wind Energy
  • Automotive and Transportation
  • Construction and Infrastructure
  • Marine
  • Pipes and Tanks
  • Electrical and Electronics
  • Protective Clothing
  • Others

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Some of the major players operating in the glass and specialty synthetic fiber market are:

  • Owens Corning (U.S.)
  • Honeywell International Inc, (U.S.)
  • SOLVAY (Belgium)
  • Hexcel Corporation (U.S.)
  • Toray Advanced Composites (Netherlands)
  • Mitsubishi Chemical Corporation. (Japan)
  • DSM (Netherlands)
  • Huntsman International LLC. (U.S.)
  • Toyobo Co. Ltd. (Japan)
  • BASF SE (Germany)
  • Jushi Group Co., Ltd (China)
  • SGL Carbon (Germany)
  • Arkema (France)
  • Asahi Kasei Corporation (Japan)
  • Advantix. (U.S.)
  • INVISTA (U.S.)
  • Toray Industries, Inc. (Japan)
  • Ascend Performance Materials LLC (U.S.)
  • Goodfellow (India),

Glass and Specialty Synthetic Fiber Market Regional Analysis/Insights

The Glass and Specialty Synthetic Fiber market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the Glass and Specialty Synthetic Fiber 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 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 high demand for fiber cement Glass and Specialty Synthetic Fiber within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Glass and Specialty Synthetic Fiber market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.

 

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