Fiberglass Fabric Segmentation
Fabric Type (Woven, Non-Woven)
The woven segment in the fiberglass fabric market is slated to gain the largest revenue share of about 60% in the year 2037. The segment growth can be credited to because of its growing popularity and advantages over non-woven fabric. For example, woven materials are more dependable and durable than non-woven fabrics, yet they are also lighter. Weaved fabrics are more environmentally friendly because throughout the production process, they release more oxygen into the atmosphere.
Additionally, woven fabrics require less maintenance, withstand moisture and weather better, and maintain their durability in hazardous environments. Furthermore, woven fabrics are more reasonably priced and accessible than non-woven ones. The International Textile Manufacturers Federation estimates that in 2021, the global cost of woven fabrics would make up 19% of all fabric production expenses.
Furthermore, the Turkish woven fabrics market was estimated to be worth USD1.3 billion in 2021, a 26.1% rise from 2020. Because of the aforementioned advantages over other fabric types, woven fabrics are in high demand, which is anticipated to fuel fiberglass fabric market expansion over the course of the projected period.
Application (Wind Energy, Transportation, Electrical and Electronics, Marine, Construction, Aerospace and Defense)
The construction segment in the fiberglass fabric market is set to garner a notable share during the forecast timeline propelled by the rise in building activity that is occurring worldwide. The construction landscape uses fiberglass fabric for A-glass, C-glass, E-glass, S-glass, and other types of glass mainly to shield reinforced concrete columns from corrosion and to support their restoration.
They are also employed as a fire prevention medium, wall covering, decorating, and remodeling of walls and ceilings. Because of its exceptional flexural moment capacity, high strength, and corrosion resistance, fiberglass fabric is predicted to become more and more in demand as the global construction industry continues to grow. During the projection period, this is predicted to increase the size of the fiberglass fabric market.
Our in-depth analysis of the market includes the following segments:
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