Industry Background:
E-glass fiber, also known as electrical glass, is a glass fiber reinforced plastic which made up of different types of glass mostly with alumina-calcium borosilicates. It is a good insulator of electricity and one of the most used in the fiber reinforced polymer composite industry. The demand for e-glass fiber is continuously rising in construction as well as automotive industry which led to rise in its market share globally.This growth is primarily driven by Growing Use of Glass Fiber in Construction Industry and Rising Demand of E-Glass Fiber in Automotive Industries.
Globally, a noticeable market trend is evident Development of Boron-free e-glass
. Major Vendors, such as Owens Corning (United States), Jushi Group (China), PPG Industries (United States), CPIC (United States), Fiberglass (Sinoma) (China), Advanced Glassfiber Yarns (United States), Binani-3B (Belgium), Johns Mansville (United States), Nippon Electric Glass (Japan), Nittobo (Japan) and Saint-Gobain Vetrotex (South Korea) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Growing Use of Glass Fiber in Construction Industry
- Rising Demand of E-Glass Fiber in Automotive Industries
Market Trend
- Development of Boron-free e-glass
- Focus on Cost Optimization Through Improved Technology
Restraints
- High Cost Involved in Manufacturing and Processing of Raw Materials
Opportunities
Growing Infrastructural Activity in Emerging Countries
Challenges
Side Effects such as Toxicity, Associated with Its Use and Problems of Recyclability with E-Glass Fiber
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, E-Glass Fiber Study Sheds Light on
The E-Glass Fiber Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the E-Glass Fiber industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where E-Glass Fiber industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.