Fiberglass Roving Market Size, Share, Report, Analysis, Trends & Forecast to 2026

According to Stratistics MRC, the Global Fiberglass Roving Market is accounted for $6.98 billion in 2017 and is expected to reach $14.89 billion by 2026 growing at a CAGR of 8.8% during the forecast period.

Gaithersburg, Maryland, United States - January 2, 2019 /MarketersMedia/ —

Some of the factors such as rising demand for wind energy installations, high growth in GFRP pipes applications and increasing construction sector in developed and developing countries are driving the market growth. However, recycling issues and development of new low-cost technologies are hindering the market growth.

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A Fiberglass Roving roving is a type of fabric material consisting of glass fibers that are woven in a specific pattern for the purpose of providing high strength when used to reinforce a coating or other composite system. They can reduce the weight of the product and are stronger than metallic parts.

Based on End User, transportation segment accounted for the largest share due to high demand for fiberglass roving in the transportation industry is attributed to its lightweight and increased fuel efficiency and attributed to innovations in the integration of lightweight fiberglass roving products. This increases the fuel efficiency of the vehicle and reduces its carbon footprint. By geography, Asia Pacific accounted for the largest share of the global fiberglass roving owing to countries such as India and China increasingly focusing on the production of electricity through renewable resources and rising wind installations.

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Some of the key players profiled in the Fiberglass Roving Market include AGY Holdings Corp., BGF Industries, Inc., Celanese Corporation, China Beihai Fiberglass Co., Ltd., China National Building Material Company Ltd., Chongqing Polycomp International Corporation, Jiangsu Jiuding New Material Co., Ltd., Johns Manville Corporation, Jushi Group Co., Ltd., Nippon Electric Glass Co. Ltd., Nitto Boseki Co., Ltd., Owens Corning, P-D Glasseiden GmbH, PFG Fiberglass Corporation, Saertex GmbH, Saint-Gobain S.A., Taishan Fiberglass, Inc. and Taiwan Glass Industry Corp.

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Product Types Covered:
• Multi-End Roving
• Chopped Roving
• Single-End Roving

Glass Fiber Types Covered:
• H-glass Fiber
• E-glass Fiber
• AR-glass
• ECR-glass Fiber
• S-glass Fiber
• Other Glass Fiber Types

End Users Covered:
• Aerospace & Defense
• Construction & Infrastructure
• Electrical & Electronics
• Transportation
• Wind Energy
• Marine
• Pipes & Tanks
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

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