The Fiberglass Roving Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Fiberglass Roving Market?
The market size of fiberglass roving has seen a solid increase in recent years. Its size will surge from $9.53 billion in 2024 to $10.37 billion in 2025, marking a compound annual growth rate (CAGR) of 8.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Fiberglass Roving Industry?
The Fiberglass Roving Global Market Report 2024 anticipates that by 2029, the market size for fiberglass roving will be $14.44 billion, growing at a compound annual growth rate (CAGR) of 8.6%.
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What are the Key Growth Drivers Fueling the Fiberglass Roving Market?
The key drivers in the fiberglass roving market are:
• Expansion of renewable energy
• Trends towards lightweight materials in transportation
• Progression of infrastructure rehabilitation projects
• Technological advancements in composites manufacturing
• Increasing demand for high-performance materials
Global Market Segmentation: Identifying Major Fiberglass Roving Industry Segments
The fiberglass roving market covered in this report is segmented –
1) By Product Type: Single-End Roving, Multi-End Roving, Chopped Roving
2) By Fiberglass Type: E-glass, ECR-glass, H-glass, AR-glass, S-glass
3) By Application: Electrical And Electronics, Transportation, Construction And Infrastructure, Pipes And Tanks, Energy, Other Applications
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What are the Emerging Trends Shaping the Future of the Fiberglass Roving Market?
The key trends in the fiberglass roving market are:
• Marine industry applications are fast becoming a trend in the market.
• Infrastructure rehabilitation projects are shaping the future of the market.
• Collaborations among key players is an emerging trend in the market.
• The market is heavily influenced by market penetration in Asia-Pacific and customized products for specific end uses.
Who Are the Top Competitors & Leading Players in the Fiberglass Roving Market?
The major players in the fiberglass roving market are:
• Saertex GmbH
• Saint Gobain S
Regional Dominance: Which Area Leads the Global Fiberglass Roving Market?
Asia-Pacific was the largest region in the fiberglass roving market in 2024
