Saudi Arabia Fiberglass Market [2028] by Share, Trends, Demands, Forecast

Summary

Report Description

Saudi Arabia Fiberglass market is anticipated to grow at a robust CAGR in the forecast period . Fiberglass, also known as fiberglass, is the name given to materials made from very thin glass wires that are melted from a mold. Fiberglass materials are made by melting and fusing molten glass through very small holes. is made. Due to its low thermal conductivity and high mechanical strength, many composite materials are made in combination with other chemicals and substances called glass fibers. Fiberglass or fiberglass is a reinforced plastic consisting of woven fabrics in which glass. Fiberglass is very strong, lightweight, and flexible and can be molded into many complex shapes making fiberglass an excellent building material choice. Fiberglass is mostly found in bathtubs, boats, planes, roofs, and other applications.

Fiberglass is impact resistant, corrosion resistant and has a moderately high strength to weight ratio.

Rise in Demand for Fiberglass from Construction Industry

In the construction industry, fiberglass is used for crack-proof nets such as interior walls, flooring, wall panels, self-adhesive drywall tape, and waterproof frits. In recent years, modern architecture has undergone a major resurgence, using modern materials using complementary techniques without compromising the stability and strength of the structures formed. The International Building Code (IBC) defines Fiber Reinforced Polymer (FRP) materials as part of their regulations. Therefore, apart from interior and special exterior applications, FRP can be used as a structural and building material for floors 4 and above. This is estimated to drive the optical fiber market.

In automotive industry, fiberglass is mainly used for front and rear bumpers, hoods, doors, and cases. Another application for this material is in toothed belts and V-belts. In this case, due to the high tear strength of fiberglass, the glass cord is impregnated with rubber as a reinforcement. Abrasion resistance is another advantage of fiberglass, which is why it is used in the manufacture brake pads and clutches. The clutch plates are reinforced with woven fiberglass to maintain the integrity of the composite material.

Latest Developments in Saudi Arabia Fiberglass Market

In 2021, Saudi Arabia recently opened IKK Mateen Bar, the first fiberglass rebar factory in Saudi Arabia. The launch of the facility is part of the Kingdom's efforts to attract and localize the steel industry. This is also in line with efforts to achieve the goals of Saudi Vision 2030, in terms of diversifying the national economy, promoting innovation in the Kingdom and strengthening Saudi Arabia's international relations.

Increasing cost of fiberglass is hampering the market growth

High production cost of glassfiber and its complicated recycling process are the key factors restraining the growth of the global glass fiber market to some extent. Proper disposal techniques are required to dispose of glass materials, along with masks and protective clothing for the physical safety of workers involved in the disposal process. Moreover, the availability of alternatives such as aluminum and carbon fiber is another factor restraining the growth of the global market. Carbon fiber is lighter, stronger, and more expensive, while aluminum is cheaper and more abundant than fiberglass. However, these elements are heavy compared to fiberglass.

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Market Segmentation

Saudi Arabia Fiberglass market is segmented into Glass Type, Product Type, Resin and Application. Based on Glass Type, A-Glass, C-Glass, D-Glass, E-Glass, S-Glass, and Others. Based on Product Type, the market is segmented into Glass Wool, Direct & Assembled Roving, Yarn, and Chopped Strand. Based on Resin, the market is segmented into Thermoset Resins and Thermoplastic Resins. Based on Application, the market is segmented into Construction & Infrastructure, Automotive, Wind Energy, Electronics, Aerospace & Defense, Manufacturing, Marine, and Others.

Market player

Major market players in the Saudi Arabia Fiberglass market are Arabian Fiberglass Insulation Co., Ltd., Owens Corning, PPG Industries Inc., Taishan Fiberglass Inc., Chongqing Polycomp International Corp. (CPIC), Saad Othman co., Busubait Fiberglass, Saudi Arabian Amiantit Co., Fiber Glass Oasis Company, PFG Fiber Glass (Kunshan) Co. Ltd.

Attribute	Details
Base Year	2022
Historic Data	2018– 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million and CAGR for 2018-2022 and 2023-2028
Report coverage	Revenue forecast, company share, growth factors, and trends
Segments covered	Glass Type Product Type Resin Application
Regional scope	Makkah, Riyadh, Eastern Province, Rest of Saudi Arabia
Key companies profiled	Arabian Fiberglass Insulation Co., Ltd., Owens Corning, PPG Industries Inc., Taishan Fiberglass Inc., Chongqing Polycomp International Corp. (CPIC), Saad Othman co., Busubait Fiberglass, Saudi Arabian Amiantit Co., Fiber Glass Oasis Company, PFG Fiber Glass (Kunshan) Co. Ltd.
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:
In this report, Saudi Arabia Fiberglass Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

· Saudi Arabia Fiberglass Market, By Glass Type:

o A-Glass

o C-Glass

o D- Glass

o E-Glass

o S-Glass

o Others

· Saudi Arabia Fiberglass Market, By Product Type:

o Glass Wool

o Direct & Assembled Roving

o Yarn

o Chopped Strand

· Saudi Arabia Fiberglass Market, By Resin:

o Thermoset Resins

o Thermoplastic Resins

· Saudi Arabia Fiberglass Market, By Application:

o Construction & Infrastructure

o Automotive

o Wind Energy

o Electronics

o Aerospace & Defense

o Manufacturing

o Marine

o Others

· Saudi Arabia Fiberglass Market, By Region:

o Makkah

o Riyadh

o Eastern Province

o Rest of Saudi Arabia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Saudi Arabia Fiberglass market.

Available Customizations:

Saudi Arabia Fiberglass market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players.

The Saudi Arabia Fiberglass market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Saudi Arabia Fiberglass Market

5. Voice of Customers

5.1. Source of Information

5.2. Factors Influencing Purchase Decision

6. Saudi Arabia Fiberglass Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Glass Type (Glass Wool, Direct & Assembled Roving, Yarn, Chopped Strand)

6.2.2. By Product Type (A-Glass, C-Glass, D- Glass, E-Glass, S-Glass and Others)

6.2.3. By Resin (Thermoset Resins and Thermoplastic Resins)

6.2.4. By Application (Construction & Infrastructure, Automotive, Wind Energy, Electronics, Aerospace & Defense, Manufacturing, Marine, Others)

6.2.5. By Region

6.2.6. By Company

6.3. Market Map

7. Makkah Fiberglass Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Glass Type

7.2.2. By Product Type

7.2.3. By Resin

7.2.4. By Application

8. Riyadh Fiberglass Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Glass Type

8.2.2. By Product Type

8.2.3. By Resin

8.2.4. By Application

9. Eastern Province Fiberglass Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Glass Type

9.2.2. By Product Type

9.2.3. By Resin

9.2.4. By Application

10. Rest of Saudi Arabia Fiberglass Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Glass Type

10.2.2. By Product Type

10.2.3. By Resin

10.2.4. By Application

11. Market Dynamics

11.1. Drivers

11.1.1. Properties of fiberglass

11.1.2. Use in Construction Industry

11.1.3. Use in Automotive Industry

11.2. Challenges

11.2.1. Increasing cost of fiberglass

12. Market Trends & Developments

12.1. Investment from Taishan Fiberglass Inc

12.2. IKK Mateen Bar in Saudi Arabia

13. Company Profiles

13.1. Arabian Fiberglass Insulation Co., Ltd.

13.1.1. Business Overview

13.1.2. Key Revenue and Financials (If available)

13.1.3. Recent Developments

13.1.4. Key Personnel

13.1.5. Key Product/Services

13.2. Zamil Industrial Investment

13.2.1. Business Overview

13.2.2. Key Revenue and Financials (If available)

13.2.3. Recent Developments

13.2.4. Key Personnel

13.2.5. Key Product/Services

13.3. SIGMA by PPG

13.3.1. Business Overview

13.3.2. Key Revenue and Financials (If available)

13.3.3. Recent Developments

13.3.4. Key Personnel

13.3.5. Key Product/Services

13.4. Taishan Fiberglass Inc.

13.4.1. Business Overview

13.4.2. Key Revenue and Financials (If available)

13.4.3. Recent Developments

13.4.4. Key Personnel

13.4.5. Key Product/Services

13.5. Chongqing Polycomp International Corp. (CPIC)

13.5.1. Business Overview

13.5.2. Key Revenue and Financials (If available)

13.5.3. Recent Developments

13.5.4. Key Personnel

13.5.5. Key Product/Services

13.6. Saad Othman co.

13.6.1. Business Overview

13.6.2. Key Revenue and Financials (If available)

13.6.3. Recent Developments

13.6.4. Key Personnel

13.6.5. Key Product/Services

13.7. Busubait Fiberglass

13.7.1. Business Overview

13.7.2. Key Revenue and Financials (If available)

13.7.3. Recent Developments

13.7.4. Key Personnel

13.7.5. Key Product/Services

13.8. Saudi Arabian Amiantit Co.

13.8.1. Business Overview

13.8.2. Key Revenue and Financials (If available)

13.8.3. Recent Developments

13.8.4. Key Personnel

13.8.5. Key Product/Services

13.9. Fiber Glass Oasis Company

13.9.1. Business Overview

13.9.2. Key Revenue and Financials (If available)

13.9.3. Recent Developments

13.9.4. Key Personnel

13.9.5. Key Product/Services

13.10.PFG Fiber Glass (Kunshan) Co. Ltd

13.10.1. Business Overview

13.10.2. Key Revenue and Financials (If available)

13.10.3. Recent Developments

13.10.4. Key Personnel

13.10.5. Key Product/Services

14. Strategic Recommendations

14.1. More focused on S-Glass segment

14.2. More focused on Riyadh region

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What is the purpose of Fiberglass?

The biggest use of fiberglass is for insulation and reinforcement of lightweight objects. However, small amounts are used for healing.

How long does Fiberglass last?

There is no specific or set number of years. But fiberglass insulation lasts from about 80 to 100 years. As long as the material has not been exposed to excessive moisture and has not been damaged by human intervention, it should be fine.

What are the major market players in Saudi Arabia Fiberglass Market?

Major players in Saudi Arabia Fiberglass Market are Arabian Fiberglass Insulation Co., Ltd., Owens Corning, PPG Industries Inc., Taishan Fiberglass Inc., Chongqing Polycomp International Corp. (CPIC), Saad Othman co., Busubait Fiberglass, Saudi Arabian Amiantit Co., Fiber Glass Oasis Company, PFG Fiber Glass (Kunshan) Co. Ltd.