According to the study “Asia
Fiberglass Cloth Industry Situation and Prospects Research report”, Fiberglass is
a fiber-reinforced plastic that uses glass fiber for reinforcement purpose. Fiberglass can
be arranged arbitrarily, or compressed into a sheet, or weaved into a fabric.
The plastic developed could be of a thermosetting type, such as an epoxy resin,
polyester resin, or a vinyl ester, or it could be of the thermoplastic type. Pultrusion
process is used in the manufacture of fiberglass. Fiberglass is inexpensive,
durable, lightweight and flexible compared to carbon fiber. The other advantages
are fibreglass possess higher strength and can be moulded into different shapes
of varying complexities. Fiberglass is used in various industrial applications
such as aerospace, marine, automotive, in construction for both interior and exterior
applications. Fiberglass is used in telecom industry for shrouding antennas,
due to its desirable properties such as radio frequency (RF) permeability, and low
signal attenuation. Within the electric industry fiberglass is used in the
manufacture of insulating materials and structural components that can be used
in power industry. It is also used in the manufacture of protective equipment
such as helmets and other sports protection accessories.
Asian fiberglass market is categorized based
on types such as glass wool fiberglass, woven and continuous roving fiberglass,
polyester fiberglass, chopped strand mat laminate fiberglass, fibreglass cloth
or yarn, and others. It was observed
that the raw materials for fibreglass cloth are inexpensive and easily
available. Industrialization in Asia is driving the need for fibreglass cloth
products for various uses due to its low cost nature. Fiberglass is arranged
arbitrarily or weaved into fabric to produce fibercloth. Fiberglass cloth is
light in weight, possesses high processing nature, and less emission of
volatile organic compounds which drives the market.
High Alkali Cloth, Alkali Cloth and Alkali
Free Cloth are the various types of fibercloth available in Asian markets.
Various applications of fiberglass cloth are industrial use, daily consumer
goods and others. Geographically, Asia’s fiberglass cloth market is spread
across China, Japan, India, Korea, Saudi Arabia and other regions. The leading
players in Asia’s fibercloth market are MINGDA, DuoBao, Zhejiang Yuanda
Fiberglass, Tianyu, Changshu Jiangnan Glass Fiber, XiangYang Huierjie
Glassfibre, Chuangjia Group, Adfors, Valmiera Glass and Stekloplast. All the
leading vendors are increasingly focusing on price, volume, production
capacity, technological innovations, and product quality.
Asia accounts for a largest share in the
fibreglass cloth market due to evolution in various industries. Emerging
economic conditions are propelling the need for fibreglass cloth and the
increasing consumption of fibreglass cloth for various applications is
encouraging the market towards expansion in various sectors attracting huge
recognition. This trend will continue over the next few years in Asian markets.
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