Global Fiber Glass Market Report: 2010 Edition
Fiber Glass means a group of products made from individual glass fibers combined into a variety of forms. Mainly, glass fibers can be divided into two major groups: composites and insulated. Fiber Glass being lightweight, durable, anti corrosive, efficient carrier and a versatile material, is used in both traditional and high-tech industries. The major industries in which fiberglass products are used include, aerospace, construction, transportation, corrosion resistant equipment manufacturing, amongst others. Construction industry has been a major end market.
Geographically, the US is the largest market for fiber glass, both in terms of production and consumption. Among the emerging markets, China has been the largest producer, and in the coming years, China is expected to become the largest consumer of fiber glass worldwide, surpassing the US.
The global fiber glass industry has consistently shown an increasing performance for the past few years, due to its versatile performance and low cost, and is expected to grow in the coming years as well. The growing demand of alternate sources of energy, mainly wind energy, also tend to increase the demand of fiber glass.
The current report analyses the global fiber glass market and also the two main regions, Europe and China. The current report delves into the various opportunities and drivers, which are expected to boost up the market. These include increasing demand from the emerging countries, particularly BRIC countries, and increasing energy demand. Also, the report presents the key challenges faced by the industry. The three players of the global fiberglass industry, Owens Corning, PPG Industries and China Fiberglass have been profiled in the report, along with their strategies for growth.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
Geographically, the US is the largest market for fiber glass, both in terms of production and consumption. Among the emerging markets, China has been the largest producer, and in the coming years, China is expected to become the largest consumer of fiber glass worldwide, surpassing the US.
The global fiber glass industry has consistently shown an increasing performance for the past few years, due to its versatile performance and low cost, and is expected to grow in the coming years as well. The growing demand of alternate sources of energy, mainly wind energy, also tend to increase the demand of fiber glass.
The current report analyses the global fiber glass market and also the two main regions, Europe and China. The current report delves into the various opportunities and drivers, which are expected to boost up the market. These include increasing demand from the emerging countries, particularly BRIC countries, and increasing energy demand. Also, the report presents the key challenges faced by the industry. The three players of the global fiberglass industry, Owens Corning, PPG Industries and China Fiberglass have been profiled in the report, along with their strategies for growth.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
Contents
1. INTRODUCTION1.1 Glass-An Overview
1.2 Fiberglass or Glass Fiber
2. GLOBAL FIBERGLASS MARKET
Market Size
Market Segmentation
End Markets
3. COUNTRY ANALYSIS
3.1 Europe
3.1.1 European Fiberglass Market
Market Size
Market Segmentation
Direct Rovings
Assembled Rovings
Direct Use Chopped Strands
Chopped Strand Mats
3.1.2 Glass Fiber Trade
Imports/Exports by Country:
France
Germany
Italy
UK
Spain
3.2 China
Export Growth
Domestic Consumption
4. MARKET DRIVERS
4.1 Opportunities in Emerging Economies
4.2 Composite Pipes-A Growing Segment
4.3 Increasing Energy Demand Worldwide
4.4 Growing Demand for Alternative Source of Energy-Wind
5. KEY CHALLENGES AND ISSUES
5.1 Cyclical Nature of End-Use Markets
5.2 Huge Investments in Research and Development
5.3 Impact of Economic Environment
5.4 Competition from Other Insulation Products
5.5 Health Hazards
6. COMPETITIVE LANDSCAPE
7. COMPANY PROFILES
7.1 Owens Corning
Overview
Key Financials
Business Strategies
Expansion through Acquisitions
Focus on Innovation
7.2 PPG Industries, Inc.
Overview
Key Financials
Business Strategies
Innovation Strategy
Strategic Acquisitions
Restructuring Plan
7.3 China Fiberglass Co., Ltd.
Overview
Key Financials
Business Strategies
Growth through Doubling of Capacity
Focus on Emerging Markets
Invest in Construction of New Production Lines
8. MARKET OUTLOOK
8.1 Market Forecast
8.2 Forecast Methodology
8.2.1 Dependent and Independent Variables
8.2.2 Correlation Analysis
8.2.3 Regression Analysis
LIST OF CHARTS
Glass Industry-Segments
Fiberglass-Segments
Glass Fiber-Manufacturing Process
Fiberglass Industry-End Use Segment
Global Fiberglass Market (2004-2009E)
Global Fiberglass Market Breakup by Segments (2008)
Glass Fiber Market Breakup by Type of User (2008)
European Fiberglass Market (2006-2009)
Direct Roving Sales in Europe by Value and Volume (2006-2009)
Assembled Roving Sales in Europe by Value and Volume (2006-2009)
DUCS Sales in Europe by Volume and Value (2006-2009)
CSM Sales in Europe by Volume and Value (2006-2009)
Export of China’s Fiberglass (2003-2008)
Domestic Consumption of China’s Fiberglass (2003-2008)
World Marketed Energy Consumption (2005-2030)
Global Wind Power Cumulative Installed Capacity (2005-2014E)
Global Wind Power Annual Installed Capacity (2005-2014E)
Owens Corning Revenue (2005-2009)
Owens Corning Revenue Share by Segment (2009)
Owens Corning: Composition of Synergies (2008)
PPG Revenue (2005-2009)
PPG Revenue Share by Segments (2009)
China Fiber Glass Co. Ltd. Revenue (2005-2009)
China Fiber Glass Co. Ltd. Revenue Share by Segments (2009)
Global Fiberglass Market (2008-2014E)
LIST OF TABLES
Major EU Fiberglass Producers (2002-2009)
GPR Production in Europe by Country (2006-2009)
Glass Fibers Exports and Imports in France (2004-2008)
Glass Fibers Exports and Imports in Germany (2004-2008)
Glass Fiber Exports and Imports in Italy (2004-2008)
Glass Fiber Exports and Imports in Spain (2004-2008)
Glass Fiber Exports and Imports in the UK (2004-2008)
Global Cumulative Wind Power Capacity by Regions (2009)
Global Wind Power New Installed Capacity by Region (2009)
International Car Sales Outlook by Region (2007 – 2009E)
Financial Position of Key Players (FY09)
Dependent & Independent Variables (2004– 2009)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output Skip to top