Press Release

France Fiberglass Market is expected to grow at a robust CAGR 4.08%

France Fiberglass Market is expected to grow owing to more energy-efficient and lightweight solutions throughout the forecast period.

 

According to TechSci Research report, “France Fiberglass Market – By Region, Competition, Forecast and Opportunities, 2019-2029”, France Fiberglass Market is expected to register robust growth during the forecast period. Increasing environmental awareness and stringent regulations related to emissions, waste disposal, and resource conservation have accelerated the demand for sustainable materials. Fiberglass composites are attractive in this context due to their potential for eco-friendliness. Manufacturers are responding to these concerns by developing products that use recyclable fibers and resins, reducing the environmental impact of fiberglass production and applications.

The shift toward electric vehicles is driving the demand for lightweight materials that enhance fuel efficiency and battery range. Fiberglass composites are increasingly used in EVs to reduce weight while maintaining structural integrity, creating opportunities for manufacturers.

 

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Based on product type, the Direct & Assembled Roving segment is expected to dominate the market during the forecast period. The marine industry uses Direct Roving to construct boat hulls and components. Its corrosion-resistant properties make it ideal for marine applications. Continuous innovation is essential in the Direct Roving segment to meet the evolving needs of various industries. Manufacturers are focusing on product development to cater to specific requirements and enhance performance. Assembled Roving plays a pivotal role in the wind energy sector, particularly in the production of wind turbine blades. It is crucial for manufacturing larger and more efficient blades to capture wind energy efficiently. The Assembled Roving segment benefits from the growing wind energy sector in France. As wind energy becomes a key renewable energy source, the demand for Assembled Roving for wind turbine blade production is expected to continue its upward trajectory. Efficiency in material use is becoming a significant trend, as it impacts production costs. Manufacturers are focusing on optimizing the use of raw materials and minimizing waste to improve cost-effectiveness

Based on application, the Automotive segment is projected to dominate the market throughout the forecast period. Within the cabin, fiberglass is used for creating interior components like dashboards, door panels, and center consoles. These components are designed to be lightweight, durable, and aesthetically pleasing. Fiberglass composites are used to manufacture exhaust system components, such as mufflers and exhaust pipes. These materials offer resistance to high temperatures and corrosion, extending the lifespan of these components. Air intake manifolds, ducts, and resonators in the automotive industry often incorporate fiberglass for its ability to withstand high temperatures and offer excellent performance characteristics. With the rising adoption of electric vehicles, there is a need for lightweight materials to offset the weight of heavy batteries. Fiberglass composites are utilized in EVs for their weight reduction benefits and their ability to extend driving range. The automotive industry is incorporating advanced manufacturing techniques, such as automation and robotics, to enhance production efficiency and ensure consistent product quality. Automation plays a significant role in laying up and curing fiberglass components.

 

Key market players in the France Fiberglass Market are:-

  • Owens Corning France
  • Saint-Gobain Vetrotex
  • Jushi Group France
  • Sicomin
  • Kordsa France
  • Ashland Performance Materials France
  • Nitto Boseki Europe
  • Taishan Fiberglass
  • Chomarat Group
  • BGF Industries  

 

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“The France Fiberglass Market in North-West is poised to be the dominant force in the industry. Northern France has a diverse industrial base, including manufacturing, construction, and aerospace sectors. The fiberglass market in this region caters to the needs of these industries, providing a wide range of applications for fiberglass composites. Economic drivers in Northern France include the automotive, aerospace, and construction industries. These sectors rely on fiberglass materials for lightweight and durable components, making fiberglass a crucial part of the regional economy.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“France Fiberglass Market Segmented By Glass Type (A-Glass, C-Glass, D- Glass, E-Glass, S-Glass and Others), By Product Type (Glass Wool, Direct & Assembled Roving, Yarn and Chopped Strand), By Resin (Thermoset Resins and Thermoplastic Resins), By Application (Construction & Infrastructure, Automotive, Wind Energy, Electronics, Manufacturing, Marine and Others), By Region, and By Competition, 2019-2029,” has evaluated the future growth potential of France Fiberglass Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in France Fiberglass Market.

 

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