Glass Fiber Market in China
China glass fiber market by product (glass wool, roving, strands, yarn, others), by glass type (C-glass, ECR-glass, E-glass, S-glass, others), by end user (aerospace, automotive & transportation, building & construction, consumer goods, electrical & electronics, energy & power, pipe & tank, others), industry snapshot, 2022-2028
Glass fibers are the materials made from extremely fine fiber of glass which is a non-crystalline material with a short-range network structure. Glass fibres are used as reinforcement of polymers in various fields such as aerospace, automobile, marine, sporting and leisure goods, and construction and civil engineering. The glass fiber market in China, in terms of revenue, is expected to grow by 4.4 percent annually through 2028, according to a new report by Gen Consulting Company.
This industry report offers market estimates of the China market, followed by a detailed analysis of the product, glass type, and end user. The China market data on glass fiber can be segmented by product: glass wool, roving, strands, yarn, others. The glass wool segment held the largest share of the China glass fiber market in 2021 and is anticipated to hold its share during the forecast period. Glass fiber market is further segmented by glass type: C-glass, ECR-glass, E-glass, S-glass, others. In China, the E-glass segment made up the largest share of the glass fiber market. Based on end user, the glass fiber market is segmented into: aerospace, automotive & transportation, building & construction, consumer goods, electrical & electronics, energy & power, pipe & tank, others. The building & construction segment was the largest contributor to the China glass fiber market in 2021.
The China glass fiber market is highly competitive. The glass fiber market is dominated by key players, which are China National Building Material Co. Ltd. (Jushi Group Co. Ltd.), Chongqing Polycomp International Corp. (CPIC), Jiangsu Changhai Composite Materials Co. Ltd., Shandong Glass Fiber Group Co. Ltd., Sichuan Weibo New Material Group Co. Ltd., Taishan Glass Fiber Inc., Xingtai Jinniu Glass Fiber Co. Ltd.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive coverage of the market across different market segments, the report is a valuable asset for the existing players, new entrants and the future investors.
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Glass Fiber Market in China