United States fiberglass market is expected to grow at a steady rate during the forecast period, 2023-2027. The United States fiberglass market is driven by the extensive use of fiberglass in the manufacturing of automobiles and aircraft body parts. This can be ascribed to light weight, high strength to weight ratio and compressive strength of fiberglass. Additionally, the extensive use of fiberglass in oil & gas and water & wastewater industry for making pipes, panels, tanks, among others is further expected to propel the market growth through 2027. Furthermore, widespread use of fiberglass in building insulation and for construction purposes is expected to foster the market growth during the forecast period.
However, high cost of fiberglass and fluctuating prices of raw material can further restrict the market growth over the next few years. Besides, shortage of raw materials might restrict the market growth. Also, the availability of substitutes can further impede the market growth.
The United States fiberglass market is segmented based on type, glass fiber type, resin, application, end user industry, company and region. Based on type, the market can be categorized into glass wool, direct & assembled roving, yarn, chopped strand and others. The chopped strand segment is expected to witness significant growth in the market owing to the growing adoption of chopped strands in various end user industries such as automotive, building & construction, aerospace, consumer electronics, among others. Based on glass fiber type, the market can be fragmented into E-Glass, A-Glass, S-Glass, AR-Glass, C- Glass, R-Glass and Others. S-Glass segment is expected to dominate the market owing to its high strength as a result of which it is being used for manufacturing of parts such as decks, body panels, battery boxes, panel & wheelhouse assemblies, among others in the automotive industry. While, e-glass is expected to witness significant growth on account of their use in building & construction industry for insulation purposes.
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The major players operating in the fiberglass market are Owens Corning, Johns Manville Corp., Saint-Gobain, CertainTeed Corporation, AGY Holding Corp., PPG Industries, Inc., Jushi Group Co, Ltd., Knauf Insulation, American Fiberglass Corporation, Quietflex Manufacturing Company L.P. and others. Major companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
| 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 Application · By End User Industry |
| Country scope | North-East, Mid-West, South, West |
| Key companies profiled | Owens Corning, Johns Manville Corp., Saint-Gobain, CertainTeed Corporation, AGY Holding Corp., PPG Industries, Inc., Jushi Group Co, Ltd., Knauf Insulation, American Fiberglass Corporation, Quietflex Manufacturing Company L.P. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
