The TechSci Research report “United States Fiberglass Market” projects a 4.85% growth rate, with the market expected to reach USD 3105.63 million by 2026. This growth is fueled by the construction and infrastructure industry, rising expenditure on interior decoration, increasing renovation activities, and changes in fiberglass fabric. Additionally, the automotive industry’s rise is boosting demand due to fiberglass’s higher strength-to-weight ratio, resulting in a positive impact on the United States Fiberglass Market.
The United States Fiberglass Market is analyzed in a report by TechSci Research, which segments the market based on type, glass fiber type, resin, application, and end user industry, as well as by top 10 states and by company. The market is divided into five types: Glass Wool, Direct & Assembled Roving, Chopped Strand, Yarn, and Others. In 2020, the glass wool segment had the largest market share due to its increasing use in thermal and electrical insulation applications in the building and infrastructure sector. Additionally, glass wool is used in attics to maintain indoor temperatures, further boosting its market potential.
The market is also segmented by Glass Fiber Type into E Glass, S Glass, C Glass, A Glass, R Glass, AR Glass, and Others. The E Glass segment dominated the United States Fiberglass Market in 2020 because products made of E-Glass are resistant to abrasion and vibration and have excellent flexibility. E-glass fiber is widely used in aerospace applications due to its dimensional stability and temperature resistance. In terms of application, the market is segmented into Composites and Glass Wool Insulation. Composites dominated the United States Fiberglass Market in 2020, owing to their growing use in a wide array of end-use industries. Fiberglass composites are used extensively in the automotive industry as a substitute for aluminum and steel in the manufacturing of lightweight vehicles, which is expected to further improve its sale across the United States.
Browse 66 Figures spread through 224 Pages and an in-depth TOC on” United States Fiberglass Market “– https://www.techsciresearch.com/report/united-states-fiberglass-market/2990.html
Owens Corning, Johns Manville Corporation, Saint Gobain North America, CertainTeed Corporation, AGY Holding Corp., PPG Industries, Inc., Jushi USA Corporation, Knauf Insulation, American Fiberglass Corporation, Quietflex Manufacturing Co., L.P. are among the leading players operating in the United States Fiberglass Market. These companies are using organic strategies, partnerships, and collaborations to boost their shares in the United States Fiberglass Market. Significant players in the market are also concentrating on accomplishing ideal operational expenses, upgrading system efficiency, enhancing precision in responses, boosting productivity with high funding in R&D, and merging with small players to support the competitive United States Fiberglass Market.
“The desirable characteristics of fiberglass such as water proofing, corrosion resistance, non-conductivity and radio frequency transparency are expected to create profitable opportunities for the growth of the United States Fiberglass Market. Moreover, the use of fiberglass contributes to green design of a building as its use in HVAC systems helps in the reduction of air conditioning and heating costs. Also, they are recyclable and cause less damage to the environment. Therefore, the increasing infrastructure and development activities are expected to boost the growth of the United States Fiberglass Market.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“United States Fiberglass Market, By Type (Glass Wool, Direct & Assembled Roving, Chopped Strand, Yarn and Others), By Glass Fiber Type (E Glass, S Glass, C Glass, A Glass, R Glass, AR Glass, Others), By Resin (Thermoset Resins and Thermoplastic Resins), By Application (Composites and Glass Wool Insulation), By End User Industry (Construction & Infrastructure, Automotive, Wind Energy, Electronics, Aerospace & Defense, Others), By Top 10 States, Competition, Forecast & Opportunities, 2016-2026F” has evaluated the future growth potential of Fiber Glass in the United States Market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in United States Fiberglass Market.”
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