Fiberglass Mold Market Report

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.  

Market Share Analysis

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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.

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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.

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)

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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 sales@stratviewresearch.com.