Market revenue in 2024 | USD 5,995.4 million |
Market revenue in 2030 | USD 8,941.1 million |
Growth rate | 6.9% (CAGR from 2024 to 2030) |
Largest segment | Automobile |
Fastest growing segment | Automobile |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Automobile |
Key market players worldwide | Owens Corning, Saint-Gobain - Gyproc, Nippon Electric Glass, Jushi, PPG Industries Inc, Johns Manville, Taishan Fiberglass, Chongqing Polycomp International Corp., Knauf Insulation |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fiberglass market will help companies and investors design strategic landscapes.
Automobile was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Asia Pacific fiberglass market based on automobile covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is characterized by the presence of a large amount of skilled labor at low cost as well as land to set up facilities. The shift in the global production landscape toward emerging economies, particularly China and India, is set to positively influence market growth over the forecast period.
Most APAC countries are expected to witness high economic growth over the forecast period, despite a slowdown in developed regions like the U.S. and European countries.
Government support for domestic manufacturing is likely to boost regional production levels and reduce dependence on imports, which is expected to present lucrative opportunities for global manufacturers.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific fiberglass market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific fiberglass market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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