The global Recycled Glass Fiber market was valued at US$ 44 million in 2019 and it is expected to reach US$ 69 million by the end of 2026, growing at a CAGR of 7.1% during 2021-2026.
Fiberglass, or fibreglass is a common type of fiber-reinforced plastic using glass fiber. The fibers may be randomly arranged, flattened into a sheet, or woven into a fabric. The plastic matrix may be a thermoset polymer matrix—most often based on thermosetting polymers such as epoxy, polyester resin, or vinylester—or a thermoplastic.
There are several players in this market such as Rivierasca, Neocomp, Befesa, Ucomposites, Global Fiberglass Solutions, Agecko, Conenor, etc. Among them, Rivierasca is the largest one with the percentage of 31.35% market share in 2019. The following is Neocomp, accouting for 26.76% market share in 2019.
Global Recycled Glass Fiber Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Recycled Glass Fiber Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Rivierasca, Neocomp, Befesa, Ucomposites, Global Fiberglass Solutions, Agecko, Conenor, Filon Products, Mixt Composites Recyclables, Reprocover, Nittobo and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Mechanical Method
- Calcination Method
In 2019, mechanical method recycling occupied of 88.68% market share.
Segment by Application
The strength of recycled fiberglass products is slightly lower than that of original fiberglass products, and they are mainly used for construction, municipal, etc. Construction is the mainly application field with the percentage of 60.74% market share in 2019.
Table of Content:
1 Recycled Glass Fiber Market Overview
2 Recycled Glass Fiber Market Competition by Manufacturers
3 Recycled Glass Fiber Retrospective Market Scenario by Region
4 Global Recycled Glass Fiber Historic Market Analysis by Type
5 Global Recycled Glass Fiber Historic Market Analysis by Application
6 Key Companies Profiled
7 Recycled Glass Fiber Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Recycled Glass Fiber Market Dynamics
10 Global Recycled Glass Fiber Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.