Single End Roving Glass Fiber Market Trends and Forecast
The future of the global single end roving glass fiber market looks promising with opportunities in the transportation, marine, wind energy, aerospace & defense, pipe & tank, construction, e&e, and consumer good markets. The global single end roving glass fiber market is expected to grow with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are continuous research and development in glass fiber manufacturing processes, growing demand for lightweight, high-strength materials, and increasing demand for eco-friendly materials in the composite industry.
• Lucintel forecasts that filament winding is expected to witness the highest growth over the forecast period.
• Within this market, transportation will remain the largest segment.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Single End Roving Glass Fiber Market
• USA –Owens Corning announces the development of a new single end roving glass fiber with enhanced strength for construction and automotive industries, aligned with government initiatives for infrastructure development and lightweight vehicle manufacturing targets.
• China –China Fiberglass Co. partners with government agencies to increase production of single end roving glass fiber for infrastructure projects, supporting national goals for urban development and transportation infrastructure expansion.
• Germany –German glass fiber manufacturers collaborate to innovate single end roving glass fiber solutions for renewable energy applications, aiming to meet government targets for expanding wind and solar power generation capacity.
• India –Indian government invests in research and development of single end roving glass fiber technology, partnering with local companies to promote domestic manufacturing and support infrastructure development initiatives.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Single End Roving Glass Fiber Market by Segment
The study includes a forecast for the global single end roving glass fiber market by manufacturing process, end use, and region.
Single End Roving Glass Fiber Market by Manufacturing Process [Value from 2018 to 2030]:
• Hand Lay-Up
• Spray Up
• Resin Infusion
• Filament Winding
• Pultrusion
• Compression Molding
• Prepreg Layup
• Injection Molding
• Others
Single End Roving Glass Fiber Market by End Use [Value from 2018 to 2030]:
• Transportation
• Marine
• Wind Energy
• Aerospace And Defense
• Pipe And Tank
• Construction
• E&E
• Consumer Goods
• Others
Single End Roving Glass Fiber Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Single End Roving Glass Fiber Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies single end roving glass fiber companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the single end roving glass fiber companies profiled in this report include-
• Owens Corning
• Jushi Group
• Chongqing Polycomp
• Taishan Fiberglass
• Taiwan Glass Group
• Nippon Electric Glass
• Sichuan Weibo
• 3B the Fiber Glass Company ( Goa Glass Fiber)
• Johns Manville Corporation
• Nitto Boseki
Recent Development in the Single End Roving Glass Fiber Market
• Owens Corning: Owens Corning introduces a new single end roving glass fiber product with enhanced strength and durability, targeting applications in construction and automotive industries for improved performance.
• Saint-Gobain: Saint-Gobain launches a single end roving glass fiber solution with superior corrosion resistance, catering to the needs of the marine and offshore industries for durable and long-lasting materials.
• PPG Industries: PPG Industries develops a high-performance single end roving glass fiber tailored for aerospace applications, offering lightweight yet robust reinforcement for aircraft components, contributing to improved fuel efficiency and performance.
• Nippon Electric Glass: Nippon Electric Glass expands its portfolio with a single end roving glass fiber designed for electronics and electrical insulation applications, providing excellent thermal and electrical properties for various industrial uses.
Features of the Global Single End Roving Glass Fiber Market
Market Size Estimates: Single end roving glass fiber market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Single end roving glass fiber market size by manufacturing process, end use, and region in terms of value ($B).
Regional Analysis: Single end roving glass fiber market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different manufacturing processes, end uses, and regions for the single end roving glass fiber market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the single end roving glass fiber market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for single end roving glass fiber market?
Answer: The global single end roving glass fiber market is expected to grow with a CAGR of 3.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the single end roving glass fiber market?
Answer: The major drivers for this market are continuous research and development in glass fiber manufacturing processes, growing demand for lightweight, high-strength materials, and increasing demand for eco-friendly materials in the composite industry.
Q3. What are the major segments for single end roving glass fiber market?
Answer: The future of the global single end roving glass fiber market looks promising with opportunities in the transportation, marine, wind energy, aerospace & defense, pipe & tank, construction, e&e, and consumer good markets.
Q4. Who are the key single end roving glass fiber market companies?
Answer: Some of the key single end roving glass fiber companies are as follows:
• Owens Corning
• Jushi Group
• Chongqing Polycomp
• Taishan Fiberglass
• Taiwan Glass Group
• Nippon Electric Glass
• Sichuan Weibo
• 3B the Fiber Glass Company ( Goa Glass Fiber)
• Johns Manville Corporation
• Nitto Boseki
Q5. Which single end roving glass fiber market segment will be the largest in future?
Answer: Lucintel forecasts that filament winding is expected to witness the highest growth over the forecast period.
Q6. In single end roving glass fiber market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the single end roving glass fiber market by manufacturing process (hand lay-up, spray up, resin infusion, filament winding, pultrusion, compression molding, prepreg layup, injection molding, and others), end use (transportation, marine, wind energy, aerospace and defense, pipe and tank, construction, e&e, consumer goods, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Single End Roving Glass Fiber Market Market, Single End Roving Glass Fiber Market Market Size, Single End Roving Glass Fiber Market Market Growth, Single End Roving Glass Fiber Market Market Analysis, Single End Roving Glass Fiber Market Market Report, Single End Roving Glass Fiber Market Market Share, Single End Roving Glass Fiber Market Market Trends, Single End Roving Glass Fiber Market Market Forecast, Single End Roving Glass Fiber Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.