Fiberglass Fabric Market

MARKET INTRODUCTION

Fiberglass fabric is a strong, low weight material that is predominantly used as a reinforcement material across the composite materials industry. It can be folded, draped, or rolled like any loosely woven fabric. It can also be transformed into solid sheets with high strength by adding epoxy and polyester resins. Fiberglass is increasingly being used in the general engineering industries to manufacture industrial gaskets as it offers an effective thermal barrier owing to its remarkable thermal insulation properties.

MARKET DYNAMICS

The pervasive uses of fiberglass fabric as a popular reinforcement material in the composite construction and repair work has spurred the demand for fiberglass fabrics in the recent period. Fiberglass fabrics have seen a surge in consumption owing to their uses in the construction of lightweight and durable wind turbine blades. The transition from fossil-based fuels to clean energy has benefitted the wind energy sector and subsequently given an impetus to the use of composite materials in the construction of turbine blades. Also, the increasing importance of fiberglass fabrics as thermal insulators in power plants is expected to boost the sales of fiberglass fabrics. The burgeoning demand for fiberglass fabrics in the manufacturing of high-pressure laminates for PCBs (Printed Circuit Boards) used in modern consumer electronics is anticipated to stimulate the growth of the fiberglass fabrics globally.