Glass Fibre and FRP Development Tendency

Fiberglass glass is one widely used material in septic tanks, roofing, pipes, high performance aircraft, automobiles,fiberglass chopped strand mat external door skins and water tanks. It is also known as glass reinforced plastics, is manufactured by reinforcing the plastic matrix using fine fibers of glass. Fiberglass being light weight, robust material and extremely strong are used extensively for manufacturing a wide range of products. The raw material required to manufacture fiber glass is easily available at low cost, thus, making it favorable than carbon fibers for various applications.

 

Major applications of fiberglass can be found in such as construction, automobiles, infrastructure, consumer goods and other transportation sectors among others. The growing construction and automobile industry are expected to be the key driver for the growth of fiberglass market. The growing demand for light weight and fuel efficient vehicle is expected to boost the demand of these materials in automobile industry. The increasing demand for fiberglass in China is expected to play a crucial role in augmenting the overall growth of the market. Rapid growth in demand for fiber glass in China is mainly due to the growing construction, wing energy sector and electrical goods industry. Asia Pacific is expected to be the leading manufacturer as well as consumer of the fiberglass market over the next few years. 

Now days, global fiberglass market is intensively competitive with the existing major players competing majorly on the basis of quality, scale of operations, technology, price and innovation among others. The overall fiberglass market is highly concentrated owing to the presence of few large players in the market which account for major share in the market due to their huge production capacities. Chinese players are expected to dominate the global manufacturing of fiberglass market. Sichuan Weibo New Material Group Co., Ltd. the parent company of Sichuan Sincere&Long-term Complex Material Co., Ltd. fiberglass chopped strand mat manufacturer, also play an important role in global fiberglass market. It is the fourth largest fiberglass manufacturer in China.