North America Chopped Fiberglass Strand Market by Type, by End-User, by Applications, by Deployment & by Technology 2032
North America Chopped Fiberglass Strand Market was valued at USD 0.3 Billion in 2022 and is projected to reach USD 0.5 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The North America Chopped Fiberglass Strand market is witnessing significant growth as industries continue to discover its versatile applications. These strands, made from finely chopped fibers of fiberglass, are highly valued for their strength, durability, and resistance to harsh environments. As industries strive for higher efficiency and cost-effectiveness, the demand for chopped fiberglass strands is increasing across a wide range of sectors including automotive, construction, and composites manufacturing.
In the automotive industry, the lightweight and high-strength properties of chopped fiberglass strands are crucial in enhancing vehicle performance and fuel efficiency. The automotive sector uses these strands in composite materials for parts such as body panels, bumpers, and other components. With the rising demand for electric vehicles and lightweight materials, the consumption of chopped fiberglass strands in this industry is expected to grow substantially.
The construction industry is also a major consumer of chopped fiberglass strands. They are commonly used in concrete reinforcement, offering enhanced durability, corrosion resistance, and reduced cracking. This makes them ideal for infrastructure projects such as bridges, roads, and buildings, especially in regions with extreme weather conditions. The growth in infrastructure development in North America is further fueling the demand for these materials.
Moreover, chopped fiberglass strands find extensive applications in the production of composite materials used in marine, aerospace, and sporting goods manufacturing. The ability of these strands to improve mechanical properties while maintaining a lightweight structure makes them indispensable in these industries.
The rising focus on sustainability and eco-friendly manufacturing processes has further driven the demand for chopped fiberglass strands. Their recyclability and environmental benefits align with the growing trend toward reducing carbon footprints in industrial processes.
The North American market is also benefiting from the increasing adoption of these materials in the wind energy sector, where chopped fiberglass strands are used in the production of wind turbine blades. This trend is poised to boost market growth significantly.
In conclusion, the North America Chopped Fiberglass Strand Market is poised for growth as industries increasingly turn to this versatile material to meet their evolving needs for strength, durability, and sustainability.
Get an In-Depth Research Analysis of the North America Chopped Fiberglass Strand Market Size And Forecast [2025-2032]
Who are the largest North America manufacturers in the Chopped Fiberglass Strand industry?
- Owens Corning
- PPG Industries
- 3B Fibreglass
- Nippon Electric Glass
- Unifrax
- LBI Fiberglass
- Saint-Gobain Vetrotex
- Johns Manville
- P.G. & Brothers
- Reeve Industries
- VALMIERA GLASS GROUP
- Taishan Fiberglass
- Jushi Group
- Chongqing Polycomp
- Huierjie New Material Technology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the North America Chopped Fiberglass Strand Market Size And Forecast [2025-2032]
What are the factors driving the growth of the North America Chopped Fiberglass Strand Market?
Growing demand for below applications around the world has had a direct impact on the growth of the North America Chopped Fiberglass Strand Market
- Automotive
- Construction
- Marine
- Aerospace
- Others
What are the types of Chopped Fiberglass Strand available in the Market?
Based on Types the Market is categorized into Below types that held the largest Chopped Fiberglass Strand market share In 2023.
- E-Glass Fiber Chopped Strand
- S-Glass Fiber Chopped Strand
- C-Glass Fiber Chopped Strand
Which regions are leading the North America Chopped Fiberglass Strand Market?
- North America (United States, North America and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Chopped Fiberglass Strand Market Research Analysis
Detailed TOC of North America Chopped Fiberglass Strand Market Research Report, 2024-2032
1. Introduction of the North America Chopped Fiberglass Strand Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. North America Chopped Fiberglass Strand Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. North America Chopped Fiberglass Strand Market, By Type
6. North America Chopped Fiberglass Strand Market, By Application
7. North America Chopped Fiberglass Strand Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
8. North America Chopped Fiberglass Strand Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading North America Research and Consulting firm servicing over 5000+ North America clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768