Vietnam Fiberglass Market Size, Share, Growth, Trend & Forecast 2027

Summary

Report Description

Vietnam fiberglass market is projected to register a robust growth during the forecast period, 2023-2027. Fiberglass is a type of fiber-reinforced plastic that has properties such as hardness, resistance to chemical attacks, inertness, stability, strength, etc. Fiberglass is widely utilized for the manufacturing of aircraft boats, automobiles, bathtubs, swimming pools, hot tubs, septic tanks, water tanks, pipes, claddings, etc. The market growth can be attributed to the growing use of fibreglass in wind turbine installations, owing to the increased need for the production of renewable energy sources. Besides, the increasing use of fibreglass in the construction applications coupled with rising adoption of fiberglass as composites in the automotive industry are anticipated to fuel the growth of the Vietnam fiberglass market during the forecast period. Additionally, increasing demand for chopped stand glass fiber are providing lucrative opportunities for the growth of the market. Increased focus of automobile manufacturers to produce lightweight and fuel-efficient vehicles is also supporting the growth of the Vietnam fiberglass market.

Vietnam fiberglass market is segmented on the basis of type, glass fibre type, resin, applications, and region. Based on the type, the market is divided into glass wool, direct and assembled roving, yarn, chopped strand and others. The glass wool segment is expected to lead the market in the next five years due to their use in residential construction for insulation as it enables to maintain a consistent temperature, allows better comfort and air quality, reduces the consumption of energy, protects from fire, and makes buildings soundproof. Based on applications, the market is divided into composites and glass wool insulation composites. The composites segment is projected to lead the market for the next five years, due to widespread use of composites in wind energy turbines as fibreglass delivers high tensile strength, allows the manufacture of large blades thus enabling high energy output along with providing corrosion resistance.

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Some of the leading players in the Vietnam fiberglass market are China Jushi Co., Ltd., Owens Corning, PPG Industries Inc., Taishan Fiberglass Inc., Chongqing Polycomp International Corp. (CPIC), Nippon Electric Glass Co. Ltd., Binani 3B-The Fibreglass Company, Taiwan Glass Ind. Corp., Johns Manville Corp., PFG Fiber Glass (Kunshan) Co. Ltd, etc.

Attribute	Details
Historic Data	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027
Report coverage	Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends
Segments covered	· By Type · By Glass Fiber Type · By Resin · By Applications
Region scope	North Vietnam, South Vietnam, Central Vietnam
Key companies profiled	China Jushi Co., Ltd., Owens Corning, PPG Industries Inc., Taishan Fiberglass Inc., Chongqing Polycomp International Corp. (CPIC), Nippon Electric Glass Co. Ltd., Binani 3B-The Fibreglass Company, Taiwan Glass Ind. Corp., Johns Manville Corp., PFG Fiber Glass (Kunshan) Co. Ltd
Customization scope	10% free report customization with purchase. Addition or alteration to regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options

Report Scope:

In this report, Vietnam fiberglass market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Vietnam Fiberglass Market, By Type:

Glass Wool
Direct and Assembled Roving
Yarn
Chopped Strand
Others

Vietnam Fiberglass Market, By Glass Fibre Type:

E-Glass
A-Glass
S-Glass
AR-Glass
T-Glass
D-Glass
C-Glass

Vietnam Fiberglass Market, By Resin:

Thermoset Resins

Polyesters
Vinyl Esters
Epoxy Resins

Thermoplastic Resins

Polyurethanes
Peek
Phenolic Resins
Hybrid Resins

Vietnam Fiberglass Market, By Applications:

Composites

Construction & Infrastructure
Automotive
Wind Energy
Electronics
Aerospace
Others

Glass Wool Insulation

Residential Construction
Non-Residential Construction
Industrial
Others

Vietnam Fiberglass Market, By Region:

North Vietnam
South Vietnam
Central Vietnam

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam fiberglass market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

It 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. Impact of COVID-19 on Vietnam Fiberglass Market

4. Executive Summary

5. Voice of Customers

5.1. Product Pricing

5.2. Product Quality

5.3. Product After Sale Services

6. Vietnam Fiberglass Market Landscape

7. Vietnam Fiberglass Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Type (Glass Wool, Direct & Assembled Roving, Yarn, Chopped Strand and Others)

7.2.2. By Glass Fibre Type (E-Glass, A-Glass, S-Glass, AR-Glass, T-Glass, D-Glass and C-Glass)

7.2.3. By Resin (Thermoset Resins and Thermoplastic Resins)

7.2.4. By Applications (Composites and Glass Wool Insulation)

7.2.5. By Company

7.2.6. By Region

7.3. Market Attractiveness Index

8. Vietnam E-Glass Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Resin

8.2.3. By Applications

8.3. Market Attractiveness Index

9. Vietnam A-Glass Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Resin

9.2.3. By Applications

9.3. Market Attractiveness Index

10. Vietnam S-Glass Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Type

10.2.2. By Resin

10.2.3. By Applications

10.3. Market Attractiveness Index

11. Vietnam AR-Glass Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value & Volume

11.2. Market Share & Forecast

11.2.1. By Type

11.2.2. By Resin

11.2.3. By Applications

11.3. Market Attractiveness Index

12. Vietnam T-Glass Market Outlook

12.1. Market Size & Forecast

12.1.1. By Value & Volume

12.2. Market Share & Forecast

12.2.1. By Type

12.2.2. By Resin

12.2.3. By Applications

12.3. Market Attractiveness Index

13. Vietnam D-Glass Market Outlook

13.1. Market Size & Forecast

13.1.1. By Value & Volume

13.2. Market Share & Forecast

13.2.1. By Type

13.2.2. By Resin

13.2.3. By Applications

13.3. Market Attractiveness Index

14. Vietnam C-Glass Market Outlook

14.1. Market Size & Forecast

14.1.1. By Value & Volume

14.2. Market Share & Forecast

14.2.1. By Type

14.2.2. By Resin

14.2.3. By Applications

14.3. Market Attractiveness Index

15. Market Dynamics

15.1. Drivers

15.2. Challenges

16. Market Trends & Developments

17. Supply Chain Analysis

18. Policy & Regulatory

19. Vietnam Economic Profile

20. Competitive Landscape

20.1. Company Profiles (Top 10 companies)

20.1.1. China Jushi Co., Ltd.

20.1.2. Owens Corning

20.1.3. PPG Industries Inc.

20.1.4. Taishan Fiberglass Inc.

20.1.5. Chongqing Polycomp International Corp. (CPIC)

20.1.6. Nippon Electric Glass Co. Ltd.

20.1.7. Binani 3B-The Fibreglass Company

20.1.8. Taiwan Glass Ind. Corp.

20.1.9. Johns Manville Corp.

20.1.10. PFG Fiber Glass (Kunshan) Co. Ltd.

21. Strategic Recommendations

Figures and Tables

Frequently asked questions

What are the driving factors for the Vietnam Fiberglass Market?

Growing use of fibreglass in wind turbine installations is driving the growth of the Vietnam fiberglass market.

What are the segments in the Vietnam Fiberglass Market?

Vietnam fiberglass market is segmented into type, glass fibre type, resin, applications, and region.

Which segment is expected to dominate the Vietnam Fiberglass Market?

Based on type, the glass wool segment is expected to register the highest growth in the Vietnam fiberglass market.

Which are the major players in the Vietnam Fiberglass Market?

China Jushi Co., Ltd., Owens Corning, PPG Industries Inc., Taishan Fiberglass Inc., Chongqing Polycomp International Corp. (CPIC), Nippon Electric Glass Co. Ltd., Binani 3B-The Fibreglass Company, Taiwan Glass Ind. Corp., Johns Manville Corp., PFG Fiber Glass (Kunshan) Co. Ltd., etc. are the key players in the Vietnam fiberglass market.

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