| Product Code: ETC4777509 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cape Verde continued to heavily rely on fiberglass imports, with top exporting countries being Portugal, Spain, Italy, China, and the United States of America. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a strong compound annual growth rate (CAGR) of 14.61% from 2020 to 2024, there was a significant decrease in growth rate from 2023 to 2024 at -27.94%. This fluctuation suggests potential shifts in market dynamics or external factors impacting the industry.

The Fiberglass market in Cabo Verde is projected to grow at a stable growth rate of 3.32% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Ethiopia, Algeria and Nigeria, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Cape Verde Fiberglass Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Fiberglass Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Fiberglass Market - Industry Life Cycle |
3.4 Cape Verde Fiberglass Market - Porter's Five Forces |
3.5 Cape Verde Fiberglass Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Cape Verde Fiberglass Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Cape Verde Fiberglass Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Cape Verde Fiberglass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Fiberglass Market Trends |
6 Cape Verde Fiberglass Market Segmentations |
6.1 Cape Verde Fiberglass Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Fiberglass Market Revenues & Volume, By Insulation, 2021-2031F |
6.1.3 Cape Verde Fiberglass Market Revenues & Volume, By Composites, 2021-2031F |
6.2 Cape Verde Fiberglass Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Fiberglass Market Revenues & Volume, By Glass Wool, 2021-2031F |
6.2.3 Cape Verde Fiberglass Market Revenues & Volume, By Yarn, 2021-2031F |
6.2.4 Cape Verde Fiberglass Market Revenues & Volume, By Roving, 2021-2031F |
6.2.5 Cape Verde Fiberglass Market Revenues & Volume, By Chopped Strands, 2021-2031F |
6.3 Cape Verde Fiberglass Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Fiberglass Market Revenues & Volume, By Automobiles, 2021-2031F |
6.3.3 Cape Verde Fiberglass Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.3.4 Cape Verde Fiberglass Market Revenues & Volume, By Aerospace, 2021-2031F |
6.3.5 Cape Verde Fiberglass Market Revenues & Volume, By Wind Energy, 2021-2031F |
7 Cape Verde Fiberglass Market Import-Export Trade Statistics |
7.1 Cape Verde Fiberglass Market Export to Major Countries |
7.2 Cape Verde Fiberglass Market Imports from Major Countries |
8 Cape Verde Fiberglass Market Key Performance Indicators |
9 Cape Verde Fiberglass Market - Opportunity Assessment |
9.1 Cape Verde Fiberglass Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Cape Verde Fiberglass Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Cape Verde Fiberglass Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Cape Verde Fiberglass Market - Competitive Landscape |
10.1 Cape Verde Fiberglass Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Fiberglass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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