Construction Glass Fiber Nonwoven Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The global market for construction glass fiber nonwoven materials was valued at approximately USD 1.2 billion in 2022. This segment is experiencing significant growth, with a compound annual growth rate (CAGR) of around 7.5% projected from 2022 to 2028. This growth is driven by increasing demand for durable and lightweight materials in the construction sector, which enhances structural integrity and offers better insulation properties. The adoption of glass fiber nonwovens is also spurred by stringent building regulations and a growing emphasis on energy efficiency in construction projects.
Opportunities in the market are notably present in emerging regions such as Asia-Pacific and Latin America, where rapid urbanization and infrastructure development are fueling demand for advanced construction materials. Additionally, innovations in glass fiber technology, such as the development of eco-friendly and cost-effective nonwoven products, are expected to create new market opportunities. The rise in residential and commercial construction projects in developing economies further supports the market's expansion, positioning it as a lucrative area for investment and growth in the coming years.
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ANDRITZ
Nittobo Group
ACP Composites
Johns Manville
Owens Corning
Ahlstrom-Munksjö
NSG
Hokuetsu Corporation
Jiangsu Changhai Composite
Lydall
Chongqing Zaisheng Technology
Shaanxi HuaTek Fiberglass Material
Saint-Gobain
Sinoma Jinjing Fiberglass
Oji F-Tex Co.
Ltd.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Construction Glass Fiber Nonwoven Market
Roofing Materials
Wallpapers
Floor
Other
Based on Types the Market is categorized into Below types that held the largest Construction Glass Fiber Nonwoven market share In 2023.
Airlay Glass Fiber Nonwoven
Wetlaid Glass Fiber Nonwoven
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Construction Glass Fiber Nonwoven Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Construction Glass Fiber Nonwoven Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Construction Glass Fiber Nonwoven Market, By Type
6. Global Construction Glass Fiber Nonwoven Market, By Application
7. Global Construction Glass Fiber Nonwoven Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Construction Glass Fiber Nonwoven Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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