World - Glass Fibres And Glass Wool - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

World - Glass Fibres And Glass Wool - Market Analysis, Forecast, Size, Trends And Insights

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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.

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

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for glass fibres and wool. 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 2030.

Product coverage:

  • Prodcom 23141297 - Glass fibres, incl. glass wool, and articles thereof (excl. staple fibres, rovings, yarn, chopped strands, woven fabrics, also narrow fabrics, thin sheets voiles, webs, mats, mattresses and boards and similar nonwoven products, mineral wool and articles thereof, electrical insulators or parts thereof, optical fibres, fibre bundles or cable, brushes of glass fibres, and dolls' wigs)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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