The glass fiber veil market is forecasted to grow by USD 386.31 mn during 2023-2028, accelerating at a CAGR of 7.22% during the forecast period. The report on the glass fiber veil market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for glass fiber veils in pipe wrapping applications, growing demand for glass fiber veils for waterproofing of building structures, and increasing use of glass fiber veils as filtration material.
Technavio's glass fiber veil market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
6.5%
CAGR
7.22%
Incremental Value
$386.31mn
By End-user
Construction
Automotive
Wind
Electrical
Others
By Type
Wet laid process
Dry laid process
By Geographical Landscape
APAC
North America
Europe
Middle East and Africa
South America
This study identifies the robust demand for lightweight materials in end-user industries as one of the prime reasons driving the glass fiber veil market growth during the next few years. Also, growing demand for prepainted glass fiber veils and growing demand for vinyl flooring will lead to sizable demand in the market.
The report on the glass fiber veil market covers the following areas:
Glass fiber veil market sizing
Glass fiber veil market forecast
Glass fiber veil market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading glass fiber veil market vendors that include ACP Composites Inc., CA Composites, Chang Zhou Matex Composites Co., Ltd., Composite Envisions LLC, CTech LLC, Dymriton , EAS Fiberglass Co., Ltd., Feroca, S.A., Greenlight Surf Co, Hollingsworth and Vose, Hubei Apex Technology Co., Ltd., Multi-Foil New Materials Co., Ltd., Nanjing EFG Co.,Ltd, Owens Corning, RESINECO Composites, and Sinauva Composites Co., Ltd.. Also, the glass fiber veil market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
4.1 Global glass fiber veil market 2018 - 2022
4.2 End-user Segment Analysis 2018 - 2022
4.3 Type Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by End-user
6.1 Market segments
6.2 Comparison by End-user
6.3 Construction - Market size and forecast 2023-2028
6.4 Automotive - Market size and forecast 2023-2028
6.5 Wind - Market size and forecast 2023-2028
6.6 Electrical - Market size and forecast 2023-2028
6.7 Others - Market size and forecast 2023-2028
6.8 Market opportunity by End-user
7 Market Segmentation by Type
7.1 Market segments
7.2 Comparison by Type
7.3 Wet laid process - Market size and forecast 2023-2028
7.4 Dry laid process - Market size and forecast 2023-2028
7.5 Market opportunity by Type
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
9.4 North America - Market size and forecast 2023-2028
9.5 Europe - Market size and forecast 2023-2028
9.6 Middle East and Africa - Market size and forecast 2023-2028
9.7 South America - Market size and forecast 2023-2028