Global Fiberglass Market (2019-2025)

Future Market Insights newly published market report, “Fiberglass (Glass Fiber) Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028,” examines the Fiberglass (Glass Fiber) Market and offers crucial market insights for the next ten years.

According to the global fiberglass (glass fiber) market report, the rovings segment by product type is expected to dominate the overall market accounting for over 57% revenue share by 2028-end.

Manufacturers are utilizing GFRC (glass fiber reinforced concrete), which contains hydrated cement, glass fibers and sand for diverse construction purposes.

Incorporation of the fiberglass enables manufacturers to integrate robust features such as anti-corrosiveness, high compressive strength, tensile strength and lightweight.

On the account of these factors, growth of the global market is expected to remain positive over the coming years.Request For Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-5440Further, growing number of construction projects in various developing countries such as India, Brazil, and China have led manufacturers to invest in fiberglass as an effective insulation component.

As fiberglass continues to remain a cheaper alternative for insulation in the construction industry, the global fiberglass (glass fiber) market is likely to witness a significant growth during the forecast periodHowever, increasing instances of health hazards such as rashes on the skin, irritation in eyes and stomach and soreness in throat and lungs among workers and constructors due to fiberglass have posed challenges to the market growth.

Global “Fiberglass Market” is anticipated to reach USD 21.27 billion by 2025.

Fiberglass implies fiber-reinforced plastic where reinforcement fiber is mainly glass fiber.

It is developed by pouring molten glass via superfine holes.

Download Free Sample Report Now @ https://www.millioninsights.com/industry-reports/fiberglass-market-size/request-sample On the other hand, there are factors that may hamper the growth of the market including high manufacture cost of fiberglass.

The “Wool” segment led the Fiberglass Market in 2016 and is anticipated to maintain its dominance by 2025 owing to increasing use of glass wool in construction sector for insulation.

The rising construction expenditure in emerging countries is an important factor expected to drive the demand for glass wool in the forecast period.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the fiberglass pipes market include Kemrock Industries and Exports Limited, Apex Western Fiberglass, Inc., HOBAS Pipes International GmbH, Andronaco Industries, Future Pipe Industries, Sarplast SA, Fibrex Construction Group, FCX Performance, PPG Industries, Inc., Hengrun Group Co., Ltd., Enduro Composites, Inc., Saudi Arabian Amiantit Company, ZCL Composites, Inc., Graphite India Limited, National Oilwell Varco, Inc.

This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Fiberglass Pipes Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/fiberglass-pipes-market/download-sampleMarket DynamicsThe growing demand from end-use industries owing to the various benefits such as long durability, excellent tensile strength, low installation costs, and corrosion resistance is the key factor driving the growth of the fiberglass pipes market.

The rising oil gas production is expected to create a considerable demand for fiberglass in the coming years.

Moreover, the growing demand for corrosion- resistant, lightweight and durable pipelines in numerous countries due to the linked high cost of pipeline installation for heavy pipes and material is likely to create more demand for fiberglass pipes.

Furthermore, the ever-increasing in population has amplified the demand for oil, fuel, and gas to meet daily requirements, which will positively impact the market of fiberglass pipes.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.