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    Fiberglass Mold Market | Covid-19 Impact Analysis

    Fiberglass Mold Market | Covid-19 Impact Analysis

    Fiberglass Mold Market | Covid-19 Impact Analysis
    Report code - SRAM387 Delivery - 2 Weeks
    Fiberglass Mold Market Size, Share, Trend, Forecast, & Industry Analysis 
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    Impact of COVID-19 on Fiberglass Mold Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Fiberglass Mold Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Fiberglass Mold Market Insights

    Fiberglass Mold market is likely to witness an impressive CAGR of 8.7% during the forecast period. The prime factor that is likely to drive the market is the increasing demand for fiberglass molds in various end-use industries, such as wind energy, construction & infrastructure, automotive & transportation, aerospace & defense, and marine. Being a less expensive technology, 3D printing is also likely to provide good growth opportunities to the fiberglass mold manufacturers during the forecast period.  

    Fiberglass Mold Market - Snapshot

    Growth

    8.7% for the next five years

    Major Resin Type

    Epoxy Resin

    Dominant End-Use Industry Type

    Wind Energy

    Region with the highest demand

    Asia-Pacific

    Key Players

    Dencam Composite A/S, EUROS GmbH, Gurit Holding AG, Indutch Composites Technology Private Limited, Janicki Industries Inc., Molded Fiber Glass Cos, Norco GRP Ltd, SCHÜTZ GmbH & Co. KGaA, Shandong Shaungyi Technology Co., Ltd., TPI Composites Inc.

     

    Market Share Analysis

    Fiberglass-Mold-Market-Dominant-Segments

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    Fiberglass Mold Market Share: By Resin Type

    Based on the resin type, the market is segmented as epoxy, vinyl ester, polyester, and others. The epoxy resin segment held the largest share of the market in 2019, and is likely to lead the market in the coming years as well, due to its various properties, such as high heat resistance and excellent mechanical properties. Also, as compared with other resins, it has better physical, mechanical, and adhesion properties.

    Fiberglass Mold Market Share: By End-Use Industry Type

    Based on the end-use industry type, the fiberglass mold market is segmented as wind energy, marine, aerospace & defense, automotive & transportation, construction & infrastructure, and others. Wind energy industry is likely to lead the market during the forecast period. As fiberglass molds provide dimensionally accurate, lightweight, and strong composite materials, they are widely used in manufacturing of wind composite wind blades.

    Fiberglass Mold Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to govern the market during the forecast period, driven by the high growth of various end-use industries, such as automotive & transportation, wind energy, and construction & infrastructure with the presence of major fiberglass mold manufacturers in the region with China and India being the major countries offering lucrative growth opportunities over the forecast period.

    Fiberglass Mold Market By Region

    Know which region offers best growth opportunities. Click here

    Some of the major fiberglass mold manufacturers are-

    • Dencam Composite A/S
    • EUROS GmbH
    • Gurit Holding AG
    • Indutch Composites Technology Private Limited
    • Janicki Industries Inc.
    • Molded Fiber Glass Cos
    • Norco GRP Ltd
    • SCHÜTZ GmbH & Co. KGaA
    • Shandong Shaungyi Technology Co., Ltd.
    • TPI Composites Inc.

     

    Market Scope & Segmentation

    Fiberglass molds are used to make duplicate copies of various parts or components with complex shapes. These materials are inexpensive, easy to make, can last up to many years, and can be used to produce hundreds of parts.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Fiberglass Mold Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The fiberglass mold market is segmented into the following categories. 

    Fiberglass Mold Market Size, Share, & Forecast, by Resin Type:

    • Epoxy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Vinyl Ester (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polyester (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (BMI, Phenolic, and Benzoxazine) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Fiberglass Mold Market Size, Share, & Forecast, by End-Use Industry Type:

    • Wind Energy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Marine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aerospace & Defense (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Automotive & Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Construction & Infrastructure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Industrial, Consumer Goods, Electrical Component, and Sporting Goods) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Fiberglass Mold Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Fiberglass-Mold-Market-Segmentation

    Want to know the most attractive market segments? Click here

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the resin types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Fiberglass Mold Market in the foreseeable future?

    Fiberglass Mold Market is expected to witness an impressive growth of 8.7% CAGR in the foreseeable future.

    Which country/region is expected to govern the Fiberglass Mold Market?

    Asia-Pacific is expected to govern the fiberglass mold market during the next five years.

    Who are the key players in the Fiberglass Mold Market?

    Dencam Composite A/S, EUROS GmbH, Gurit Holding AG, Indutch Composites Technology Private Limited, Janicki Industries Inc., Molded Fiber Glass Cos, Norco GRP Ltd, SCHTZ GmbH & Co. KGaA, Shandong Shaungyi Technology Co., Ltd., and TPI Composites Inc are among the key players in the fiberglass mold market.

    Which resin type is expected to remain dominant in the market?

    The epoxy resin segment is expected to remain the dominant resin type in the fiberglass mold market in the coming years.

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