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World - Glass Fibres and Glass Fibre Articles - Market Analysis, Forecast, Size, Trends and Insights
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Global Glass Fibre Market Overview 2021

Glass Fibre Market Size

In 2019, the global glass fibre market increased by X% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Global consumption peaked at $X in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.

Glass Fibre Production

In value terms, glass fibre production amounted to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2011 when the production volume increased by X% year-to-year. Global production peaked in 2019 and is expected to retain growth in years to come.

Production By Country

China (X tonnes) remains the largest glass fibre producing country worldwide, accounting for X% of total volume. Moreover, glass fibre production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), fourfold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

In China, glass fibre production expanded at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and the U.S. (-X% per year).

Glass Fibre Exports

Exports

After six years of growth, shipments abroad of glass fibres and glass fibre articles decreased by -X% to X tonnes in 2019. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Global exports peaked at X tonnes in 2018, and then fell in the following year.

In value terms, glass fibre exports declined to $X in 2019. The total export value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, global exports reached the maximum at $X in 2018, and then shrank in the following year.

Exports by Country

China was the major exporter of glass fibres and glass fibre articles in the world, with the volume of exports resulting at X tonnes, which was near X% of total exports in 2019. Belgium (X tonnes) took the second position in the ranking, followed by Malaysia (X tonnes). All these countries together took near X% share of total exports. The U.S. (X tonnes), Germany (X tonnes), Egypt (X tonnes), Taiwan (Chinese) (X tonnes), the Czech Republic (X tonnes), the Netherlands (X tonnes), France (X tonnes), Mexico (X tonnes), the UK (X tonnes) and Slovakia (X tonnes) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2019. At the same time, Egypt (+X%), Malaysia (+X%), Mexico (+X%), the Netherlands (+X%), the Czech Republic (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2019. Slovakia, Belgium, Taiwan (Chinese) and Germany experienced a relatively flat trend pattern. By contrast, France (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. China (+X p.p.), Malaysia (+X p.p.) and Egypt (+X p.p.) significantly strengthened its position in terms of the global exports, while France and the U.S. saw its share reduced by -X% and -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the U.S. ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2019, together accounting for X% of global exports. Belgium, France, Taiwan (Chinese), Malaysia, the UK, the Czech Republic, Mexico, the Netherlands, Egypt and Slovakia lagged somewhat behind, together accounting for a further X recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average glass fibre export price amounted to $X per tonne, remaining constant against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced more modest paces of growth.

Glass Fibre Imports

Imports

In 2019, after three years of growth, there was decline in overseas purchases of glass fibres and glass fibre articles, when their volume decreased by -X% to X tonnes. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, global imports reached the peak figure at X tonnes in 2018, and then fell slightly in the following year.

In value terms, glass fibre imports dropped slightly to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Global imports peaked at $X in 2018, and then reduced modestly in the following year.

Imports by Country

The purchases of the three major importers of glass fibres and glass fibre articles, namely the U.S., Germany and France, represented more than fourth of total import. South Korea (X tonnes), Italy (X tonnes), China (X tonnes), Japan (X tonnes), the Netherlands (X tonnes), India (X tonnes), Poland (X tonnes), Mexico (X tonnes), Spain (X tonnes) and Belgium (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2019, with a combined X% share of global imports. France, Mexico, Japan, South Korea, Italy, Poland, Spain, the Netherlands, Belgium and India lagged somewhat behind, together accounting for a further X recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average glass fibre import price amounted to $X per tonne, stabilizing at the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was China ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass fibres and glass fibre articles in the world?
+
The country with the largest volume of glass fibre consumption was China (3M tonnes), comprising approx. 23% of total volume. Moreover, glass fibre consumption in China exceeded the figures recorded by the second-largest consumer, India (1.1M tonnes), threefold. The U.S. (1.1M tonnes) ranked third in terms of total consumption with a 8.8% share.
What are the largest producers of glass fibres and glass fibre articles in the world?
+
China (4.4M tonnes) remains the largest glass fibre producing country worldwide, accounting for 35% of total volume. Moreover, glass fibre production in China exceeded the figures recorded by the second-largest producer, India (982K tonnes), fourfold. The third position in this ranking was occupied by the U.S. (740K tonnes), with a 5.8% share.
What are the leading suppliers of glass fibres and glass fibre articles in the world?
+
In value terms, China ($2.6B), the U.S. ($1.4B) and Germany ($953M) were the countries with the highest levels of exports in 2019, with a combined 39% share of global exports. These countries were followed by Belgium, France, Taiwan (Chinese), Malaysia, the UK, the Czech Republic, Mexico, the Netherlands, Egypt and Slovakia, which together accounted for a further 33%.
What are the leading importers of glass fibres and glass fibre articles in the world?
+
In value terms, the U.S. ($1.4B), Germany ($1.1B) and China ($915M) were the countries with the highest levels of imports in 2019, with a combined 27% share of global imports. France, Mexico, Japan, South Korea, Italy, Poland, Spain, the Netherlands, Belgium and India lagged somewhat behind, together comprising a further 33%.
What is the average export price for glass fibres and glass fibre articles in the world?
+
In 2019, the average glass fibre export price amounted to $2,297 per tonne, leveling off at the previous year.
What is the average import price for glass fibres and glass fibre articles in the world?
+
In 2019, the average glass fibre import price amounted to $2,317 per tonne, remaining relatively unchanged against the previous year.

Product coverage:
• Prodcom 23141110 - Glass fibre threads cut into lengths of at least 3 mm but . .50 mm (chopped strands)
• Prodcom 23141130 - Glass fibre filaments (including rovings)
• Prodcom 23141150 - Slivers, yarns and chopped strands of filaments of glass fibres (excluding glass fibre threads cut into lengths of at least 3 mm but . .50 mm)
• Prodcom 23141170 - Staple glass fibre articles
• Prodcom 23141210 -
• Prodcom 23141230 -
• Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
• Prodcom 23141293 -
• Prodcom 23141295 -
• Prodcom 23141299 -
• Prodcom 13204600 - Woven fabrics of glass fibre (including narrow fabrics, glass wool)

This report provides an in-depth analysis of the global glass fibre market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
• USA
• China
• Japan
• Germany
• United Kingdom
• France
• Brazil
• Italy
• Russian Federation
• India
• Canada
• Australia
• Republic of Korea
• Spain
• Mexico
• Indonesia
• Netherlands
• Turkey
• Saudi Arabia
• Switzerland
• Sweden
• Poland
• Belgium
• Argentina
• Norway
• Austria
• Thailand
• United Arab Emirates
• Colombia
• Denmark
• South Africa
• Malaysia
• Israel
• Singapore
• Egypt
• Philippines
• Finland
• Chile
• Ireland
• Pakistan
• Greece
• Portugal
• Kazakhstan
• Algeria
• Czech Republic
• Qatar
• Peru
• Romania
• Vietnam
+ the largest producing countries


Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020
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