Press Release

France Fiberglass Market is expected to grow at a CAGR of 4.08% through 2029

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. The France fiberglass market is witnessing a growing trend towards sustainability. Direct Roving products with bio-based resins and recyclable fibers are gaining prominence, particularly in construction and automotive applications, as they align with eco-friendly practices. With the automotive industry's emphasis on reducing emissions and improving fuel efficiency, Direct Roving is playing a crucial role in the development of lightweight composite materials for vehicles. This trend is expected to continue as electric vehicles gain traction.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

 

Key market players in the France Fiberglass Market are:-

  • BLG Fiberglass Manufacturing
  • Glass Fibre Europe
  • Ownes Corning
  • 3B - the Fiberglass Company
  • NOV,Inc.
  • BLG Fiberglass Manufacturing
  • Exel Composites Plc
  • BGF Industries

 

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“The France Fiberglass Market in North-West is poised to be the dominant region 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 of 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 Application (Construction & Infrastructure, Automotive, Wind Energy and Others), By Region, and By Competition, 2019-2029F,” 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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