World - Voiles, Webs, Mats and Other Articles of Glass Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlobal Glass Fiber Market 2024
Glass Fiber Market Size
In 2021, after four years of decline, there was significant growth in the global glass fiber market, when its value increased by 6.9% to $X. Overall, consumption, however, showed a mild shrinkage. The pace of growth appeared the most rapid in 2016 when the market value increased by 8.4% against the previous year. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the global market failed to regain momentum.
Glass Fiber Production
In value terms, glass fiber production expanded modestly to $X in 2021 estimated in export price. In general, production, however, showed a slight reduction. The pace of growth appeared the most rapid in 2016 when the production volume increased by 7.5%. As a result, production reached the peak level of $X. From 2017 to 2021, global production growth remained at a lower figure.
Glass Fiber Exports
Exports
In 2021, after two years of decline, there was significant growth in shipments abroad of voiles, webs, mats and other articles of glass fibers, when their volume increased by 12% to X tons. The total export volume increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2017 when exports increased by 19% against the previous year. The global exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.
In value terms, glass fiber exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.5% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
China was the key exporter of voiles, webs, mats and other articles of glass fibers in the world, with the volume of exports amounting to X tons, which was near 25% of total exports in 2021. It was distantly followed by Belgium (X tons), Germany (X tons) and the United States (X tons), together making up a 22% share of total exports. The UK (X tons), the Czech Republic (X tons), Russia (X tons), Spain (X tons), France (X tons), Poland (X tons), Turkey (X tons), Canada (X tons) and Italy (X tons) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to glass fiber exports from China stood at +4.6%. At the same time, Germany (+9.1%), Turkey (+7.4%), Poland (+6.5%), Spain (+6.2%), Russia (+6.0%), the UK (+5.8%), France (+5.1%), Belgium (+4.9%), Italy (+2.8%), the Czech Republic (+1.9%) and Canada (+1.7%) displayed positive paces of growth. Moreover, Germany emerged as the fastest-growing exporter exported in the world, with a CAGR of +9.1% from 2012-2021. By contrast, the United States (-10.9%) illustrated a downward trend over the same period. China (+4 p.p.), Germany (+3.4 p.p.) and Belgium (+1.7 p.p.) significantly strengthened its position in terms of the global exports, while the United States saw its share reduced by -12.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest glass fiber supplying countries worldwide were China ($X), the United States ($X) and Germany ($X), with a combined 44% share of global exports.
Germany, with a CAGR of +10.1%, recorded the highest growth rate of the value of exports, in terms of 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
The average glass fiber export price stood at $X per ton in 2021, surging by 7.6% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Turkey ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+13.8%), while the other global leaders experienced more modest paces of growth.
Glass Fiber Imports
Imports
In 2021, global imports of voiles, webs, mats and other articles of glass fibers expanded sharply to X tons, growing by 14% against the previous year. The total import volume increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, glass fiber imports surged to $X in 2021. The total import value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
The countries with the highest levels of glass fiber imports in 2021 were France (X tons), the United States (X tons), Canada (X tons) and Germany (X tons), together amounting to 33% of total import. Mexico (X tons), Poland (X tons), Belgium (X tons), Spain (X tons), India (X tons), the UK (X tons), South Korea (X tons), Italy (X tons) and Japan (X tons) held a relatively small share of total imports.
From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +9.6%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, the largest glass fiber importing markets worldwide were the United States ($X), Germany ($X) and France ($X), with a combined 24% share of global imports. These countries were followed by Mexico, Canada, South Korea, Italy, the UK, Poland, Japan, Spain, India and Belgium, which together accounted for a further 30%.
In terms of the main importing countries, South Korea, with a CAGR of +10.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average glass fiber import price amounted to $X per ton, rising by 6.7% against the previous year. In general, the import price recorded a relatively flat trend pattern. Global import price peaked at $X per ton in 2013; afterwards, it flattened through to 2021.
There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Mexico ($X per ton), while Belgium ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.9%), while the other global leaders experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the global glass fiber 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 2030.
Product coverage:
- Prodcom 23141210 -
- Prodcom 23141230 -
- Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
- Prodcom 23141293 -
- Prodcom 23141295 -
- Prodcom 23141299 -
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
- 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
+ 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. 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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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