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

RatingCountry
1United States
2China
3Japan
4India
5Mexico

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

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Belgium1416145415344.1%
Saudi Arabia1506152817939.1%
United Arab Emirates241230042407-0.1%
Spain267822972624-1.0%
Malaysia349941043199-4.4%
Sweden490632873598-14.4%
South Korea3569324237152.0%
China3983389441351.9%
India507950664880-2.0%
Germany4780523953215.5%
United States5730576258050.7%
Canada1082264706532-22.3%
Mexico57456454875223.4%
Average4146416743782.8%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Mexico ($8,752 per ton), while Belgium ($1,534 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Mexico666359086177-3.7%
Japan5045525054223.7%
Germany4857459151172.6%
United Kingdom641956215025-11.5%
South Korea579458684274-14.1%
Canada437641674221-1.8%
United States429646604052-2.9%
Denmark610443593836-20.7%
United Arab Emirates17503049333738.1%
India2670304928793.8%
Saudi Arabia2288289523812.0%
France17942079228312.8%
China541261371768-42.8%
Average396342783391-7.5%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Mexico ($6,177 per ton), while China ($1,768 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other global leaders experienced more modest paces of growth.

Glass Fibres and Wool - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.20.50.472.1%
United States0.30.30.3-5.3%
Mexico0.20.20.2-1.4%
France0.20.20.2-3.1%
Germany0.20.20.2-5.1%

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

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.60.60.79.0%
United States0.40.30.3-8.4%
Germany0.30.30.34.4%
Spain0.10.10.13.3%
Mexico0.10.10.1-4.6%

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
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World - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for glass fibres and wool.

Latin America and the Caribbean - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for glass fibres and wool in Latin America and the Caribbean.

Central Asia - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for glass fibres and wool in Central Asia.

South-Eastern Asia - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for glass fibres and wool in South-Eastern Asia.

Southern Asia - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for glass fibres and wool in Southern Asia.

Australia and Oceania - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for glass fibres and wool in Australia and Oceania.

Africa - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for glass fibres and wool in Africa.

Northern America - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for glass fibres and wool in Northern America.

Middle East - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for glass fibres and wool in the Middle East.

Eastern Asia - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for glass fibres and wool in Eastern Asia.

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