Top 15 manufacturers in Fiberglass Roving Market
Prof Research published a new report on Fiberglass Roving Market. It presents the largest 15 manufacturers in Fiberglass Roving Market. The report is a professional and in-depth study of the current state of the global Fiberglass Roving market. The report provides key statistics on the market of Fiberglass Roving. It is a valuable source of guidance and direction for companies and individuals interested in the Fiberglass Roving industry.
Fiberglass roving is a type of reinforcing material made of continuous strands of fiberglass that are twisted or braided together. It is commonly used in composite materials, such as fiberglass reinforced plastic (FRP), to improve strength and stiffness.
The roving is produced by pulling fibers through a sizing bath, which is a mixture of various chemicals that help to bind the fibers together and protect them during processing. The sized fibers are then twisted or braided into a roving, which can be further processed into various forms such as woven fabrics, mats, or chopped strands.
Fiberglass roving is a popular choice for reinforcement due to its high strength-to-weight ratio, corrosion resistance, and durability. It is used in a wide range of applications, such as boat building, aerospace, automotive, construction, and wind energy.
The global Fiberglass Roving market was valued to be 9,795.7 million USD in 2022. The Fiberglass Roving production value is anticipated to grow with a CAGR of 0.67% in the coming years to reach 10,194.6 million USD in 2028.
China Jushi is the largest manufacturer of Fiberglass Roving in the world, and it has a market share of 21.6% in value. CHINA JUSHI CO., LTD., formerly CHINA FIBERGLASS CO., LTD, is a China-based company principally engaged in the research and development, manufacture and distribution of fiberglass and related products. The Company's major product is glass fiber yarn. The Company also provides complex fiber products, yarns for high-performance wind power and oil high-pressure pipes.
Owens Corning is the second largest manufacturer of Fiberglass Roving in the world, and it has a market share of 18.0% in value. Owens Corning is a provider of building and industrial materials. The Company operates through three segments: Composites, Insulation and Roofing.
Sinoma is the third largest manufacturer of Fiberglass Roving in the world, and it has a market share of 10.7% in value. Sinoma Science & Technology Co., Ltd. is a China-based company, principally engaged in the research, development, manufacture and distribution of special fiber composite materials. The Company's products include wind turbine blades, non-alkali fiberglass and products, high pressure cylinders, glass fiber paper, high temperature filter materials, advanced composite materials and lithium battery diaphragms.
NEG is the fourth largest manufacturer of Fiberglass Roving in the world, and it has a market share of 8.7% in value. Nippon Electric Glass Co., Ltd. (NEG) is a glass manufacturer. The Company is engaged in the manufacture and sale of glass for electronic and information use and glass manufacturing machineries.