Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia), By Type (C-Glass, E-Glass, Others), By Applications (External Wall Insulation, Building Waterproof, Others) And Competitive Landscape
Product Code: ETC056767 | Publication Date: May 2021 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Asia Pacific Fiberglass Wall Meshes market |
Forecast period | 2025-2031 |
Forecast Size | USD 95 Billion – USD 148 Billion |
CAGR | 8.6% |
Growing Sector | Construction |
The Asia Pacific Fiberglass Wall Meshes market report thoroughly covers the market by type, by application and by countries. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Asia Pacific (APAC) Fiberglass Wall Meshes Market is projected to reach approximately $ 148 billion by 2031, growing at a compound annual growth rate (CAGR) of around 8.6% from an estimated $ 95 billion in 2025. The construction sector holds the highest market share in the region.
The Asia Pacific fiberglass wall mesh market is experiencing significant growth, driven by rapid urbanization and increased construction activities across the region. This expansion is largely due to the rising demand for durable and cost-effective construction materials, with infrastructure development being a key application area. Additionally, the growth is attributed to the increasing popularity of energy-efficient and sustainable buildings. The increasing awareness about climate change is also a key factor driving the demand for fiberglass wall meshes. Moreover, fiberglass Wall Meshes are a type of insulation that is made up of small glass or plastic fibers. Fiberglass Wall Meshes work by reflecting and scattering the heat away from buildings and other objects, which keeps people and things inside warm in the winter and cool in the summer. There are many reasons why people might choose to install Fiberglass Wall Meshes in their homes or businesses, including reducing energy costs, improving indoor air quality, and protecting property from impacts from weather conditions. Overall, the region's emphasis on sustainable and resilient building practices continues to bolster the adoption of fiberglass wall meshes.
According to 6Wresearch, the Asia Pacific Fiberglass Wall Meshes market size is projected to grow at a CAGR of 8.6% during 2025-2031. The Asia Pacific fiberglass wall mesh market is propelled by rapid urbanization and the expansion of the construction sector, leading to increased demand for durable, lightweight, and cost-effective building materials. Government initiatives focusing on infrastructure development further amplify this demand, as fiberglass mesh is favored for its superior tensile strength and resistance to corrosion, enhancing the longevity of structures. However, challenges persist, notably the high installation costs associated with fiberglass wall meshes, which may deter adoption among cost-sensitive consumers. Additionally, fluctuating raw material prices can impact production costs, creating uncertainty for manufacturers and potentially hindering market growth. Additionally, increased competition from regional rivals, fluctuating raw material prices, and increase in product recalls due to safety concerns. However, these challenges are being overcome by these companies through technology innovation, aggressive marketing campaigns, and improved product quality.
The Asia Pacific fiberglass wall mesh market is characterized by the presence of several key companies that significantly influence the industry landscape. Prominent players include Owens Corning, Saint-Gobain, Nippon Electric Glass, Jushi Group Co., Ltd., Taishan Fiberglass, Inc., and Chongqing Polycomp International Corp. (CPIC). These companies are recognized for their extensive product portfolios and innovative solutions in fiberglass materials. For instance, Jushi Group Co., Ltd. specializes in producing E-glass and S-glass fibers utilized across various sectors, including construction, automotive, and aerospace. Similarly, Saint-Gobain has expanded its market presence through strategic acquisitions, such as the procurement of U.P. Twiga Fiberglass Ltd., a leading entity in India's glass wool insulation market. Additionally, some of these players hold majority of the Asia Pacific Fiberglass Wall Meshes market share. Moreover, these industry leaders continue to drive market growth through technological advancements and strategic initiatives.
In the Asia Pacific region, government regulations significantly influence the fiberglass wall mesh market, particularly through the enforcement of stringent fire safety standards in the construction industry. These regulations mandate the use of fire-resistant materials, such as fiberglass mesh, to enhance building safety and resilience. Further, these initiatives have further boosted the Asia Pacific Fiberglass Wall Meshes market revenues. Moreover, governments actively promote the adoption of sustainable and durable construction materials, aligning with environmental policies and urban development plans. This regulatory environment fosters a conducive atmosphere for the growth of the fiberglass industry, encouraging manufacturers to innovate and comply with evolving safety and sustainability standards.
The Asia Pacific fiberglass wall mesh market is poised for substantial growth in the coming years, driven by increasing demand from the construction and automotive sectors. This expansion is attributed to the rising adoption of lightweight and durable materials in various industries, including automotive and aerospace, to enhance fuel efficiency and performance. The Asia Pacific region is anticipated to maintain its leading position, driven by rapid urbanization, infrastructure development, and technological advancements in fiberglass production. The increase in construction activity across various geographies is anticipated to drive the demand for fiberglass wall meshes in the future.
According to Ravi Bhandari, Research Head, 6Wresearch, China plays a pivotal role in the Asia Pacific fiberglass wall mesh market, emerging as both the largest producer and consumer in the region. In 2024, China dominated the Asia Pacific fiberglass market, accounting for the largest revenue share, driven by aggressive infrastructure development and urbanization efforts. The country's extensive construction activities have significantly increased the demand for fiberglass materials, including wall meshes, to reinforce and enhance building structures. Additionally, China's automotive industry is increasingly incorporating fiberglass to meet stringent emission regulations and improve vehicle performance. The government's focus on renewable energy initiatives, particularly in wind energy, further contributes to the rising need for fiberglass products, positioning China as a pivotal player in the global market.
The external wall insulation market in the Asia Pacific region is experiencing significant growth, driven by rapid urbanization and a heightened focus on energy-efficient building practices. This expansion is further supported by government initiatives promoting sustainable construction, such as China's commitment to reducing energy consumption and emissions, leading to increased investments in energy-efficient building technologies.
The Asia Pacific Fiberglass Wall Meshes market report provides a detailed analysis of the following market segments -
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Fiberglass Wall Meshes Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Fiberglass Wall Meshes Market Revenues & Volume, 2021 & 2031F |
3.3 Asia Pacific Fiberglass Wall Meshes Market - Industry Life Cycle |
3.4 Asia Pacific Fiberglass Wall Meshes Market - Porter's Five Forces |
3.5 Asia Pacific Fiberglass Wall Meshes Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Asia Pacific Fiberglass Wall Meshes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Asia Pacific Fiberglass Wall Meshes Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Asia Pacific Fiberglass Wall Meshes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Fiberglass Wall Meshes Market Trends |
6 Asia Pacific Fiberglass Wall Meshes Market, 2021 - 2031 |
6.1 Asia Pacific Fiberglass Wall Meshes Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2 Asia Pacific Fiberglass Wall Meshes Market, Revenues & Volume, By Applications, 2021 - 2031 |
7 China Fiberglass Wall Meshes Market, 2021 - 2031 |
7.1 China Fiberglass Wall Meshes Market, Revenues & Volume, By Type, 2021 - 2031 |
7.2 China Fiberglass Wall Meshes Market, Revenues & Volume, By Applications, 2021 - 2031 |
8 India Fiberglass Wall Meshes Market, 2021 - 2031 |
8.1 India Fiberglass Wall Meshes Market, Revenues & Volume, By Type, 2021 - 2031 |
8.2 India Fiberglass Wall Meshes Market, Revenues & Volume, By Applications, 2021 - 2031 |
9 Japan Fiberglass Wall Meshes Market, 2021 - 2031 |
9.1 Japan Fiberglass Wall Meshes Market, Revenues & Volume, By Type, 2021 - 2031 |
9.2 Japan Fiberglass Wall Meshes Market, Revenues & Volume, By Applications, 2021 - 2031 |
10 Australia Fiberglass Wall Meshes Market, 2021 - 2031 |
10.1 Australia Fiberglass Wall Meshes Market, Revenues & Volume, By Type, 2021 - 2031 |
10.2 Australia Fiberglass Wall Meshes Market, Revenues & Volume, By Applications, 2021 - 2031 |
11 Indonesia Fiberglass Wall Meshes Market, 2021 - 2031 |
11.1 Indonesia Fiberglass Wall Meshes Market, Revenues & Volume, By Type, 2021 - 2031 |
11.2 Indonesia Fiberglass Wall Meshes Market, Revenues & Volume, By Applications, 2021 - 2031 |
12 Philippines Fiberglass Wall Meshes Market, 2021 - 2031 |
12.1 Philippines Fiberglass Wall Meshes Market, Revenues & Volume, By Type, 2021 - 2031 |
12.2 Philippines Fiberglass Wall Meshes Market, Revenues & Volume, By Applications, 2021 - 2031 |
13 Thailand Fiberglass Wall Meshes Market, 2021 - 2031 |
13.1 Thailand Fiberglass Wall Meshes Market, Revenues & Volume, By Type, 2021 - 2031 |
13.2 Thailand Fiberglass Wall Meshes Market, Revenues & Volume, By Applications, 2021 - 2031 |
14 Malaysia Fiberglass Wall Meshes Market, 2021 - 2031 |
14.1 Malaysia Fiberglass Wall Meshes Market, Revenues & Volume, By Type, 2021 - 2031 |
14.2 Malaysia Fiberglass Wall Meshes Market, Revenues & Volume, By Applications, 2021 - 2031 |
15 Singapore Fiberglass Wall Meshes Market, 2021 - 2031 |
16 Rest of Asia Fiberglass Wall Meshes Market, 2021 - 2031 |
16.1 Rest of Asia Fiberglass Wall Meshes Market, Revenues & Volume, By Type, 2021 - 2031 |
16.2 Rest of Asia Fiberglass Wall Meshes Market, Revenues & Volume, By Applications, 2021 - 2031 |
17 Asia Pacific Fiberglass Wall Meshes Market Key Performance Indicators |
18 Asia Pacific Fiberglass Wall Meshes Market - Opportunity Assessment |
18.1 Asia Pacific Fiberglass Wall Meshes Market Opportunity Assessment, By Countries, 2021 & 2031F |
18.2 Asia Pacific Fiberglass Wall Meshes Market Opportunity Assessment, By Type, 2021 & 2031F |
18.3 Asia Pacific Fiberglass Wall Meshes Market Opportunity Assessment, By Applications, 2021 & 2031F |
19 Asia Pacific Fiberglass Wall Meshes Market - Competitive Landscape |
19.1 Asia Pacific Fiberglass Wall Meshes Market Revenue Share, By Companies, 2024 |
19.2 Asia Pacific Fiberglass Wall Meshes Market Competitive Benchmarking, By Operating and Technical Parameters |
20 Company Profiles |
21 Recommendations |
22 Disclaimer |