The European glass fiber market is expected to reach an estimated $2.1 billion by 2023 with a CAGR of 2.8% from 2018 to 2023
NEW YORK, Nov. 1, 2018 /PRNewswire/ --
Trends, opportunities and forecast in European glass fiber market to 2023 by application (marine, transportation, pipe and tank, aerospace, construction, electrical and electronics, consumer goods, wind energy, and others), product type (single end roving, multi end roving, woven roving, fabrics, CSM, CFM, DUCS, and CS), manufacturing process (hand lay up, spray up, resin infusion, pultrusion, injection molding, compression molding, prepreg layups, and others), country (Germany, France, Italy)
Read the full report: https://www.reportlinker.com/p05606235
The future of the European glass fiber market is promising with opportunities in the transportation, construction, electrical and electronics, pipe and tank, wind energy, and consumer goods industries. The European glass fiber market is expected to reach an estimated $2.1 billion by 2023 with a CAGR of 2.8% from 2018 to 2023. The major growth driver for this market is rise in demand for products made of glass composites; these include pipes, tanks, wind blades, bathtubs, and automotive parts.
Emerging trends, which have a direct impact on the dynamics of the European glass fiber industry, include cost optimization and performance enhancement of glass fibers.
European glass fiber market by end use industry
European glass fiber market
European glass fiber manufacturers
The study includes the European glass fiber market size and forecast for the global glass fiber market through 2023, segmented by product type, application, and region, as follows:
European Glass Fiber Market by Application Type (million pounds and $ million shipment analysis from 2012 to 2023):
Transportation Construction Electrical and Electronics Pipe & Tank Wind Energy Consumer Goods Marine Aerospace Others
European Glass Fiber Market by Manufacturing Process (million pounds and $ million shipment analysis in 2017):
Hand lay up Spray up Resin infusion Pultrusion Injection molding Compression molding Prepreg lay up Others
European Glass Fiber Market by Product Form (million pounds and $ million shipment analysis from 2012 to 2023):
Single end roving Multi end roving Woven roving Fabrics CSM CFM DUCS CS Others
European Glass Fiber Market by Region (million pounds and $ million shipment analysis from 2012 to 2023):
North America Europe Asia Pacific The Rest of the World
European Glass Fiber Market by Country (Value ($M) and Volume (M lbs) shipment analysis for 2012- 2023):
Germany France Italy Spain UK Others
Some of the European glass fiber companies profiled in this report include Owens Corning, Johns Manville, 3B glass fiber, Nippon Electric Glass and Lanxess and others.
On the basis of its comprehensive research, Lucintel forecasts that E (ECR) glass is expected to be the largest product type of glass fiber by value and volume over the forecast period.
Within the European glass fiber market, transportation is expected to remain the largest and witness the highest growth market by value and volume consumption. Government regulations, such as carbon emission targets in Europe, are putting pressure on OEMs to incorporate lightweight materials to curb the overall vehicle weight, and this is the key driver for glass fiber in the transportation industry.
In terms of supply, the European glass fiber capacity was ~1.9 billion pound in 2017.
Lucintel predicts that the glass fiber plant capacity utilization will go down in 2018 as glass fiber suppliers increase production capacity. For example, in 2018, Owens Corning plans to build additional capacity in France, and ?i?ecam Group is installing a new plant in Turkey.
Some of the features of "Growth Opportunities in the European Glass Fiber Market" include:
Market size estimates: European glass fiber market size estimation in terms of value ($M) and volume (Million Pounds) shipment.
Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.
Segmentation analysis: European glass fiber market size by various applications such as application, manufacturing process, product, and country in terms of value and volume shipment.
Regional analysis: European glass fiber market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions of glass fiber in the European glass fiber market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of glass fiber in the European glass fiber market. Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report answers following 11 key questions:
Q. 1. What are some of the most promising, high-growth areas in the European glass fiber market by application (marine, transportation, pipe and tank, aerospace, construction, electrical and electronics, consumer goods, wind energy, and others), product type (single end roving, multi end roving, woven roving, fabrics, CSM, CFM, DUCS, and CS), manufacturing process (hand lay up, spray up, resin infusion, pultrusion, injection molding, compression molding, prepreg layups, and others), country (Germany, France, Italy, Spain, UK, Others) ?
Q. 2.
Which product 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 drivers and challenges in the European glass fiber market?
Q.5.
What are the business risks and competitive threats in this European glass fiber market?
Q.6.
What are emerging trends in this European glass fiber market and the reasons behind them?
Q.7.
What are some changing demands of customers in the European glass fiber market?
Q.8.
What are the new developments in the European glass fiber market and which companies are leading these developments?
Q.9.
Who are the major players in this European glass fiber market? What strategic initiatives are being implemented by key players for business growth?
Q.10. What are some of the competitive products in this European glass fiber market and how great of a threat do they pose for loss of market share through product substitution?
Q. 11. What M & A activities have transpired in the last 5 years in this European glass fiber market and how have they affected the industry?
Read the full report: https://www.reportlinker.com/p05606235
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