Global Fiberglass Filled PET Resins Market Size By Application (Bottles, Films and Sheets), By End Use (Food and Beverages, Personal Care & Cosmetics), By Geographic Scope And Forecast
Global Fiberglass Filled PET Resins Market Size By Application (Bottles, Films and Sheets), By End Use (Food and Beverages, Personal Care & Cosmetics), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Fiberglass Filled PET Resin Market Size And Forecast
Fiberglass Filled PET Resins Market size has been increasing at a moderate rate with significant growth rates over the past few years, and it is expected to rise considerably in the anticipated period, i.e. 2022 to 2030.
Fibreglass PET resin? Think of it as a tough cookie made from a type of polyester – a thermoplastic polymer resin that’s semi-crystalline and built to last. These materials, composites crafted from glass fibres and a resin matrix, are like superheroesstrong, lightweight, and they laugh in the face of corrosion. Plus, they hold their shape like nobody's business and boast awesome dielectric strength and design flexibility. Oh, and did we mention the tooling costs are super reasonable? Experts think the Global Fiberglass Filled PET Resin Market is going to blow up, mainly because everyone wants more glass in the glass industry. Want the lowdown? The Global Fiberglass Filled PET Resins Market report gives you the full picture, breaking down all the key segments, trends, drivers, restraints, and competitive players – basically, everything shaping the market.
Global Fiberglass Filled PET Resins Market Definition
Polyester resin is considered a synthetic resin and can have many different properties, depending on the application and types of filling agents. However, one of the more common properties is its ability to bond with glass fibers, as the polyester resin has a high saturation effect. Once a piece has fully cured, it becomes water and weather-resistant and can also resist aqueous salt solutions and weaker non-oxidizing acids.
Fiberglass is a reinforced plastic material composed of glass fibers embedded in a resin matrix. It is a type of fiber-reinforced plastic. This means it is a composite material that is composed of a polymer material embedded with fibers.
Global Fiberglass Filled PET Resins Market Overview
The Global Fiberglass Filled PET Resin Market is forecasted to expand due to the increased demand for glass in the glass industry. Also, the increased consumption of glass in various end-use industries in food & beverages, personal care & cosmetics, etc. is expected to boost the Fiberglass Filled PET Resins Market.
The process of making fiberglass PET resin is very tedious, and requires a lot of manual and automatic work, therefore, leading to an increase in the cost of the resin, which is anticipated to restrict the market growth.
Global Fiberglass Filled PET Resins MarketSegmentation Analysis
The Global Fiberglass Filled PET Resins Market is classified based on Application, End Use, and Geography.
Fiberglass Filled PET Resins Market, By Application
• Bottles• Films and Sheets• Others
Based on Application, Global Fiberglass Filled PET Resins Market is segmented into Bottles, Films and Sheets, and Others. Bottles segment is expected to rise the most during the forecasted period owing to its increased consumption in various end-use industries and its sustainability characteristic.
Fiberglass Filled PET Resins Market, By End Use
• Food and Beverages• Personal Care & Cosmetics• Other Industries
Based on End Use, the Global Fiberglass Filled PET Resins Market is segmented into three typesFood and Beverages, Personal Care & Cosmetics, and Other Industries. The food and beverages industry is projected to dominate owing to the enhanced use of the fiberglass resin in the packaging of liquid products or beverages.
Fiberglass Filled PET Resins Market, By Geography
• North America• Europe• The Asia Pacific• Rest of the world
Based on Geography, the Global Fiberglass Filled PET Resins Market is classified into four regionsNorth America, Europe, Asia Pacific, and the Rest of the World. The Fiberglass PET Resin market in North America is expected to increase the most during the forecasted period owing to an increased demand for glass-based products such as bottles in various end-use applications.
Key Players
The major key players in the market are AGY Holding Corp, Asahi, Fiberglass Co Ltd, BASF Petra, Celanese, CertainTeed Corporation, DuPont Crastin, DuPont Rynite, Knauf Insulation, PFG Fiber Glass Co Ltd., Sabic Valox, Saint-Gobain ADFORS and Saint-Gobain Verotex. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• In July 2021, DuPont completes the acquisition of laird performance materials. DuPont announced that it has completed the acquisition of laird performance materials, a world leader in high-performance electromagnetic shielding and thermal management solutions.
• In October 2021, Azelis and BASF expand their partnership with a new resins distribution agreement in Vietnam for the industrial & automotive coatings and printing & packaging industry.
• In June 2021, Diab Group acquires the ULTEM foam-production line from SABIC. Diab will incorporate the ULTEM resin-based foam into its current portfolio under the name Divinycell U. Diab will further the development of ULTEM resin-based foam with support from SABIC.
• In June 2021, Celanese Corporation, a global chemical and speciality materials company, announced the signing of a definitive agreement to acquire the Santoprene TPV elastomers business of Exxon Mobil Corporation.
Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.
To Get Customized Report Scope-Â
Top Trending Reports
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .
Reasons to Purchase this Report
We take a good look at the market, using both numbers (quantitative) and insights (qualitative), breaking it down by different segments – considering things like money, but also other important stuff. We'll give you the market value in good old USD Billion for each piece of the puzzle. You'll see which region and segment we think will be the fastest-growing and who's likely to be the top dog. We also dive into each geographic area, looking at how much of the product or service is being used there and what's influencing the market in each place. Plus, we scope out the competition, ranking the big players and highlighting what they've been up to lately – new stuff they've launched, who they're partnering with, how they're growing, and who they're buying. We'll give you detailed company profiles, including an overview, key insights, product comparisons, and a SWOT analysis to see their strengths, weaknesses, opportunities, and threats. We'll paint a picture of where the market is now and where it's headed, considering recent happenings, growth possibilities, what's driving it forward, and the challenges it faces, both in up-and-coming and established areas. We'll even throw in a Porter's Five Forces analysis to give you a deep dive from all angles, and explain the Value Chain to show you how it all flows. Finally, we'll lay out the market dynamics and point out those growth opportunities coming down the road. Oh, and don't forget - you get 6 months of analyst support after you buy!
Customization of the Report
• In case of any  please connect with our sales team, who will ensure that your requirements are met.
For a single, multi and corporate client license, the report will be available in PDF format.
Sample report would be given you in excel format. For more questions please contact:
Sample Report for Global Fiberglass Filled PET Resins Market Size By Application (Bottles, Films and Sheets), By End Use (Food and Beverages, Personal Care & Cosmetics), By Geographic Scope And Forecast
