Glass Fiber Textiles Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Glass Fiber Textiles Market Introduction
Glass fiber textile refers to the textile made using glass fibers. Glass fiber also known as fiberglass is the material made using fine fibers of glass. It is a lightweight, robust, and strong material. Glass fibers are used as the reinforcing agent in many products to form the lightweight fiber reinforced polymers. The most common type of glass fiber used in fiberglass in E-glass. Other types of glass used are A-glass, D-glass, C-glass, R-glass.
The technique of heating the glass and drawing it into fine fibers is well-known, however, the application of these fibers is more recent in textile. With specific tensile strength as compared to the steel wire of the same strength, glass has emerged as one of the strongest textile fibers. Owing to the heat, fire, and chemical resistance, and good thermal properties, glass fiber textile is used on a large scale in construction, defence, marine, and electronics.
Glass Fiber Textiles Market: Notable Highlights
Some of the most prominent competitors operating in the competitive landscape of global glass fiber textiles market include –
Glass Fiber Textiles Market Dynamics
Glass Fiber Textile Gaining Traction in Wind Energy
Wind energy is fast emerging as an alternative energy source, which is driving the development of wind turbines to transform wind energy to electrical energy. With an aim to produce lightweight products and parts in wind turbine including wind blades, the demand for composite materials with a plastic matrix is increasing. The use of glass fiber has significantly increased in the production of wind turbine blades as compared to the carbon fiber. Despite the low weight, carbon fiber is expensive and require specific technical specs during manufacturing.
Glass fiber, specifically E-glass is widely adopted among wind turbine manufacturers owing to the durability, corrosion-free, and long lifespan. The demand for lightweight and durable wind turbines is expected to increase in coming years with various countries focusing on the expansion of the renewable energy sector.
Automotive Industry Presents High Potential Market for Glass Fiber Textile
Glass fiber textile application is on a rise in the automotive industry with increasing focus of automotive manufacturers to produce lightweight vehicles. Fiberglass yarns are being largely used in automotive applications for temperature resistance, and to meet tensile strength. Automotive manufacturers are widely using composite materials including reinforced plastic and polymers owing to the new emissions standards and fuel economy driving significant changes in the automotive industry. In recent years, acoustic textiles in vehicles have started using glass fibers to reinforce hard composite panels and offer sound isolation. OEMs in the automotive industry are focusing on using lightweight materials including glass fiber based non-woven prepreg.
Increasing Use of Carbon-Fiber Textile to Challenge Glass Fiber Textile Market Growth
Various industries are using carbon fiber textile over glass fiber textile materials on basis of various factors such as toughness, rigidity, and weight. For instance, in terms of weight, carbon fiber is much lighter than glass fiber, this makes it popular in weight-critical performance products and is widely used in mini-quad frames. Moreover, carbon fiber is more rigid than fiberglass, hence, carbon fiber is a top choice for industries with a need for a small amount of flexibility in products.
Carbon fiber is being used on a large scale in the automotive and marine industry owing to the increasing need for strength and rigidity in various components. However, in terms of cost, glass fiber is more cost-effective than carbon fiber owing to the long strands of carbon fiber which are expensive and difficult to manufacture.
Glass Fiber Textiles Market Segmentation
Based on the product type, the glass fiber textiles market is segmented into
Based on the application, the glass fiber textiles market is segmented into
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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