Glass Fibres and Wool Market

Glass fibres and wool market: get newly released facts and figures enhanced by an Ai-driven business intelligence tool. Information contain production, companies, imports, trade, exports, market prices, consumption, and market size. There is a split by region, including Africa, the U.K., Latin America, the Middle East, the U.S., Russia, EU, and China. Market insights and forecast to 2030 are also provided in the snapshots.

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Glass Fibres and Wool - World's Largest Markets

In value terms, the United States led the market, alone. The second position in the ranking was occupied by China. It was followed by Japan.

In the United States, the glass fibres and wool market remained relatively stable over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: China (+14.8% per year) and Japan (+6.5% per year).

Glass Fibres And Wool Prices

Glass Fibres and Wool - Top Importers

In value terms, the largest glass fibres and wool importing markets worldwide were China ($446M), the United States ($280M) and Mexico ($229M), together accounting for 34% of global imports.

Among the main importing countries, China (+72.1% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Glass Fibres and Wool - Top Exporters

In value terms, China ($692M) remains the largest glass fibres and wool supplier worldwide, comprising 27% of global exports. The second position in the ranking was occupied by the United States ($305M), with a 12% share of global exports. It was followed by Germany, with a 11% share.

In China, glass fibres and wool exports increased at an average annual rate of +9.0% over the period from 2018-2020. In the other countries, the average annual rates were as follows: the United States (-8.4% per year) and Germany (+4.4% per year).

Glass Fibres and Wool - Market Forecast

Driven by increasing demand for glass fibres and wool worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Glass Fibres and Wool - Top Companies

René Clémence S.A., Owens Corning, Guizhou Lixin Construction Material Co., Ltd., Owens Corning Sales, LLC, SCHOTT AG, Anhui Shiqiangbao Building Materials Co., Ltd., Magna Mirrors of America, Inc., Gentex Corporation, Wuhu Token Science Co., Ltd., Gerresheimer AG, Safelite Glass Corp., AGC Flat Glass North America, Inc., Apogee Enterprises, Inc., Consolidated Glass & Mirror, LLC, Carl Zeiss SMT GmbH, Oldcastle Buildingenvelope, Inc., VIDRALA, SA, Maoming Maogang Dongfang Fire-Proof Materials Co.,Ltd., Anhui Haoyuan New Type Building Material Co.,Ltd., Guangxi Dingqiang Geotextile Material Manufacturing Co.,Ltd.

Glass Fibres and Wool - Product Coverage

• HS 701990 - Glass fibres; n.e.s. in heading no. 7019