Global Glass Fibre Mats Market Overview:
These are the mats that are composed of materials that consist of numerous fine fibers of glass. They are comparable mechanical properties like carbon fibers. Though it is not as rigid as the carbon fibers it is brittle and much cheaper for application. The glass fiber mats are used in industries like automotive, aerospace, construction, and infrastructure. As a result of increasing demand from the automotive and the aerospace industry, the market for glass fiber mats is expected to increase in the coming years. The glass fiber mats provide better aesthetics than the metal parts.
- Increased Use of Fiberglass Composites in The Automotive Industry
- High Disposable Income
- The Rising Automation and Shift towards Close Mould Applications from Open Mould Applications
- Issues in The Glass Wool Recycling
- Increasing Number of Wind Energy Capacity Installations
- The Technological Innovations and Advanced Products
- Capital-Intensive Production and Complex Manufacturing Process of Fiberglass
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are China Jushi Co., Ltd. (China), Owens Corning (United States), Nippon Electric Glass Co., Ltd. (Japan), Taishan Fiberglass Inc. (CTG) (China), Chongqing Polycomp International Corp. (CPIC) (China), Johns Manville Corp (United States), Ahlstrom-Munksjö (Finland), Jiangsu Changhai Composite (China), Sinoma Jinjing Fiberglass (China) and Shaanxi HuaTek Fiberglass Material (China). Analyst at AMA Research see Asian Vendors to retain maximum share of Global Glass Fibre Mats market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Glass Fibre Mats market. Considering Market by Binder Type, the sub-segment i.e. Emulsion will boost the Glass Fibre Mats market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Glass Fibre Mats market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Glass Fibre Mats market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers of Glass Fibre Mats, Suppliers and Distributors of Glass Fibre Mats, Venture Capitalists and Private Equity Firms and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.