Vietnam Fiberglass Market By Type (Glass Wool, Direct and Assembled Roving, Yarn, Chopped Strand and Others), By Glass Fibre Type (E-Glass, A-Glass, S-Glass, AR-Glass, T-Glass, D-Glass and C-Glass), By Resin (Thermoset Resins and Thermoplastic Resins), By Applications (Composites and Glass Wool Insulation), By Region, Company Forecast & Opportunities, 2027

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.

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.

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