GLASS NONWOVENS
WET-LAID MARKET
OVERVIEW
Glass nonwovens produced via the wet-laid process are specialized materials known for their excellent thermal insulation, high tensile strength, and moisture resistance. These properties make them valuable in industries such as construction, automotive, and filtration.
MARKET SIZE AND GROWTH
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MARKET SIZE (2021):
APPROXIMATELY USD 1.21 BILLION.
PROJECTED GROWTH RATE (2021-2027): CAGR OF 3.47%.
COMPOUND ANNUAL GROWTH RATE (CAGR): 3.70% DURING THE FORECAST PERIOD.
MARKET SEGMENTATION
By Type
Long Glass Fiber: Offers enhanced strength and durability.
Short Glass Fiber: Provides flexibility and is used in applications requiring intricate shapes.
By Application
Roof Material: Utilized for its durability and insulation properties.
Industrial Filtration: Employed in filters due to its fine fiber structure.
Plasterboard: Enhances strength and fire resistance. Electronics & Automobiles: Used for insulation and reinforcement.
REGIONAL ANALYSIS
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
EUROPE
MIDDLE EAST & AFRICA
Demand from construction and oil & gas.
SOUTH & CENTRAL
AMERICA
Steady growth from infrastructure investments.
NORTH AMERICA
Driven by construction and automotive demand.
Growth fueled by sustainability initiatives.
ASIA-PACIFIC
Fastest-growing due to industrialization.
KEY PLAYERS
Owens
Corning
Lydall
Johns Manville
AhlstromMunksjö
SaintGobain
