Vietnam Fiberglass Market By Type (Glass Wool, Direct and Assembled Roving, Yarn, Chopped Strand and Others), By Glass Fibre Type (E-Glass, A-Glass, S-Glass, AR-Glass, T-Glass, D-Glass and C-Glass), By Resin (Thermoset Resins and Thermoplastic Resins), By Applications (Composites and Glass Wool Insu

Vietnam Fiberglass Market By Type (Glass Wool, Direct and Assembled Roving, Yarn, Chopped Strand and Others), By Glass Fibre Type (E-Glass, A-Glass, S-Glass, AR-Glass, T-Glass, D-Glass and C-Glass), By Resin (Thermoset Resins and Thermoplastic Resins), By Applications (Composites and Glass Wool Insulation), By Region, Company Forecast & Opportunities, 2027

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Infrastructure | Format: Report available in PDF / Excel Format

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Fiberglass Market was valued at USD 29.46 Billion in 2023, and it is expected to reach USD 47.94 Billion by 2030, exhibiting a CAGR of 7.2 %.

Vietnam fiberglass market is projected to register a robust growth during the forecast period, 2023-2027. Fiberglass is a type of fiber-reinforced plastic that has properties such as hardness, resistance to chemical attacks, inertness, stability, strength, etc. Fiberglass is widely utilized for the manufacturing of aircraft boats, automobiles, bathtubs, swimming pools, hot tubs, septic tanks, water tanks, pipes, claddings, etc. The market growth can be attributed to the growing use of fibreglass in wind turbine installations, owing to the increased need for the production of renewable energy sources. Besides, the increasing use of fibreglass in the construction applications coupled with rising adoption of fiberglass as composites in the automotive industry are anticipated to fuel the growth of the Vietnam fiberglass market during the forecast period. Additionally, increasing demand for chopped stand glass fiber are providing lucrative opportunities for the growth of the market. Increased focus of automobile manufacturers to produce lightweight and fuel-efficient vehicles is also supporting the growth of the Vietnam fiberglass market.

Vietnam fiberglass market is segmented on the basis of type, glass fibre type, resin, applications, and region. Based on the type, the market is divided into glass wool, direct and assembled roving, yarn, chopped strand and others. The glass wool segment is expected to lead the market in the next five years due to their use in residential construction for insulation as it enables to maintain a consistent temperature, allows better comfort and air quality, reduces the consumption of energy, protects from fire, and makes buildings soundproof. Based on applications, the market is divided into composites and glass wool insulation composites. The composites segment is projected to lead the market for the next five years, due to widespread use of composites in wind energy turbines as fibreglass delivers high tensile strength, allows the manufacture of large blades thus enabling high energy output along with providing corrosion resistance.

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Some of the leading players in the Vietnam fiberglass market are China Jushi Co., Ltd., Owens Corning, PPG Industries Inc., Taishan Fiberglass Inc., Chongqing Polycomp International Corp. (CPIC), Nippon Electric Glass Co. Ltd., Binani 3B-The Fibreglass Company, Taiwan Glass Ind. Corp., Johns Manville Corp., PFG Fiber Glass (Kunshan) Co. Ltd, etc.

Attribute

Details

Historic Data

2024-2032 – 2024-2032

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, CAGR for 2024-2032-2024-2032 and 2022-2027

Report coverage

Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends

Segments covered

·         By Type

·         By Glass Fiber Type

·         By Resin

·         By Applications

Region scope

North Vietnam, South Vietnam, Central Vietnam

Key companies profiled

China Jushi Co., Ltd., Owens Corning, PPG Industries Inc., Taishan Fiberglass Inc., Chongqing Polycomp International Corp. (CPIC), Nippon Electric Glass Co. Ltd., Binani 3B-The Fibreglass Company, Taiwan Glass Ind. Corp., Johns Manville Corp., PFG Fiber Glass (Kunshan) Co. Ltd

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Table of Content

Table of content
1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Vietnam Fiberglass Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Product Pricing

5.2.  Product Quality

5.3.  Product After Sale Services

6.    Vietnam Fiberglass Market Landscape

7.    Vietnam Fiberglass Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Type (Glass Wool, Direct & Assembled Roving, Yarn, Chopped Strand and Others)

7.2.2.     By Glass Fibre Type (E-Glass, A-Glass, S-Glass, AR-Glass, T-Glass, D-Glass and C-Glass)

7.2.3.     By Resin (Thermoset Resins and Thermoplastic Resins)

7.2.4.     By Applications (Composites and Glass Wool Insulation)

7.2.5.     By Company

7.2.6.     By Region

7.3.  Market Attractiveness Index

8.    Vietnam E-Glass Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Resin

8.2.3.     By Applications

8.3.  Market Attractiveness Index

9.    Vietnam A-Glass Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Resin

9.2.3.     By Applications

9.3.  Market Attractiveness Index

10.  Vietnam S-Glass Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Resin

10.2.3.  By Applications

10.3.              Market Attractiveness Index

11.  Vietnam AR-Glass Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By Resin

11.2.3.  By Applications

11.3.              Market Attractiveness Index

12.  Vietnam T-Glass Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value & Volume

12.2.              Market Share & Forecast

12.2.1.  By Type

12.2.2.  By Resin

12.2.3.  By Applications

12.3.              Market Attractiveness Index

13.  Vietnam D-Glass Market Outlook

13.1.              Market Size & Forecast

13.1.1.  By Value & Volume

13.2.              Market Share & Forecast

13.2.1.  By Type

13.2.2.  By Resin

13.2.3.  By Applications

13.3.              Market Attractiveness Index

14.  Vietnam C-Glass Market Outlook

14.1.              Market Size & Forecast

14.1.1.  By Value & Volume

14.2.              Market Share & Forecast

14.2.1.  By Type

14.2.2.  By Resin

14.2.3.  By Applications

14.3.              Market Attractiveness Index

15.  Market Dynamics

15.1.              Drivers

15.2.              Challenges

16.  Market Trends & Developments

17.  Supply Chain Analysis

18.  Policy & Regulatory

19.  Vietnam Economic Profile

20.  Competitive Landscape

20.1.              Company Profiles (Top 10 companies)

20.1.1.  China Jushi Co., Ltd.

20.1.2.  Owens Corning

20.1.3.  PPG Industries Inc.

20.1.4.  Taishan Fiberglass Inc.

20.1.5.  Chongqing Polycomp International Corp. (CPIC)

20.1.6.  Nippon Electric Glass Co. Ltd.

20.1.7.  Binani 3B-The Fibreglass Company

20.1.8.  Taiwan Glass Ind. Corp.

20.1.9.  Johns Manville Corp.

20.1.10.                PFG Fiber Glass (Kunshan) Co. Ltd.

 21. Strategic Recommendations


 

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