Geographically, the US is the largest market for fiber glass, both in terms of production and consumption. Among the emerging markets, China has been the largest producer, and in the coming years, China is expected to become the largest consumer of fiber glass worldwide, surpassing the US.
The global fiber glass industry has consistently shown an increasing performance for the past few years, due to its versatile performance and low cost, and is expected to grow in the coming years as well. The growing demand of alternate sources of energy, mainly wind energy, also tend to increase the demand of fiber glass.
The current report analyses the global fiber glass market and also the two main regions, Europe and China. The current report delves into the various opportunities and drivers, which are expected to boost up the market. These include increasing demand from the emerging countries, particularly BRIC countries, and increasing energy demand. Also, the report presents the key challenges faced by the industry. The three players of the global fiberglass industry, Owens Corning, PPG Industries and China Fiberglass have been profiled in the report, along with their strategies for growth.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
Table of Contents :
1.1 Glass-An Overview
1.2 Fiberglass or Glass Fiber
2. Global Fiberglass Market
3. Country Analysis
3.1.1 European Fiberglass Market
Direct Use Chopped Strands
Chopped Strand Mats
3.1.2 Glass Fiber Trade
Imports/Exports by Country:
4. Market Drivers
4.1 Opportunities in Emerging Economies
4.2 Composite Pipes-A Growing Segment
4.3 Increasing Energy Demand Worldwide
4.4 Growing Demand for Alternative Source of Energy-Wind
5. Key Challenges and Issues
5.1 Cyclical Nature of End-Use Markets
5.2 Huge Investments in Research and Development
5.3 Impact of Economic Environment
5.4 Competition from Other Insulation Products
5.5 Health Hazards
6. Competitive Landscape
7. Company Profiles
7.1 Owens Corning
Expansion through Acquisitions
Focus on Innovation
7.2 PPG Industries, Inc.
7.3 China Fiberglass Co., Ltd.
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