| Product Code: ETC5220266 | 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 glass fiber product imports, with top exporting countries being Portugal, China, France, and the United States. The market showed a very high concentration, as indicated by the Herfindahl-Hirschman Index (HHI). However, the industry experienced a significant decline in growth, with a Compound Annual Growth Rate (CAGR) of -29.05% from 2020 to 2024. The year-on-year growth rate for 2023-24 plummeted even further to -85.64%, reflecting a challenging landscape for glass fiber product imports in Cape Verde.
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 Glass fiber products Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Glass fiber products Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Glass fiber products Market - Industry Life Cycle |
3.4 Cape Verde Glass fiber products Market - Porter's Five Forces |
3.5 Cape Verde Glass fiber products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cape Verde Glass fiber products Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.7 Cape Verde Glass fiber products Market Revenues & Volume Share, By Application? , 2021 & 2031F |
4 Cape Verde Glass fiber products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and durable materials in construction and automotive industries |
4.2.2 Increasing investments in infrastructure development projects in Cape Verde |
4.2.3 Rising awareness about the benefits of using glass fiber products in various applications |
4.3 Market Restraints |
4.3.1 High initial costs associated with setting up glass fiber production facilities |
4.3.2 Lack of skilled labor for manufacturing and installation of glass fiber products |
4.3.3 Dependence on imported raw materials for glass fiber production |
5 Cape Verde Glass fiber products Market Trends |
6 Cape Verde Glass fiber products Market Segmentations |
6.1 Cape Verde Glass fiber products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Glass fiber products Market Revenues & Volume, By Multi-End Roving, 2021-2031F |
6.1.3 Cape Verde Glass fiber products Market Revenues & Volume, By Single-End Roving, 2021-2031F |
6.1.4 Cape Verde Glass fiber products Market Revenues & Volume, By CSM, 2021-2031F |
6.1.5 Cape Verde Glass fiber products Market Revenues & Volume, By Woven Roving, 2021-2031F |
6.1.6 Cape Verde Glass fiber products Market Revenues & Volume, By CFM, 2021-2031F |
6.1.7 Cape Verde Glass fiber products Market Revenues & Volume, By Fabrics, 2021-2031F |
6.1.9 Cape Verde Glass fiber products Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Cape Verde Glass fiber products Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cape Verde Glass fiber products Market, By Manufacturing Process |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Glass fiber products Market Revenues & Volume, By Spray Up, 2021-2031F |
6.2.3 Cape Verde Glass fiber products Market Revenues & Volume, By Hand Lay-Up, 2021-2031F |
6.2.4 Cape Verde Glass fiber products Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.2.5 Cape Verde Glass fiber products Market Revenues & Volume, By Prepreg Lay Up, 2021-2031F |
6.2.6 Cape Verde Glass fiber products Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.2.7 Cape Verde Glass fiber products Market Revenues & Volume, By Resin Infusion, 2021-2031F |
6.2.8 Cape Verde Glass fiber products Market Revenues & Volume, By Others? , 2021-2031F |
6.2.9 Cape Verde Glass fiber products Market Revenues & Volume, By Others? , 2021-2031F |
6.3 Cape Verde Glass fiber products Market, By Application? |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Glass fiber products Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.3 Cape Verde Glass fiber products Market Revenues & Volume, By Marine, 2021-2031F |
6.3.4 Cape Verde Glass fiber products Market Revenues & Volume, By Pipe & Tank, 2021-2031F |
6.3.5 Cape Verde Glass fiber products Market Revenues & Volume, By Construction, 2021-2031F |
6.3.6 Cape Verde Glass fiber products Market Revenues & Volume, By Aerospace, 2021-2031F |
6.3.7 Cape Verde Glass fiber products Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.8 Cape Verde Glass fiber products Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Cape Verde Glass fiber products Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Glass fiber products Market Import-Export Trade Statistics |
7.1 Cape Verde Glass fiber products Market Export to Major Countries |
7.2 Cape Verde Glass fiber products Market Imports from Major Countries |
8 Cape Verde Glass fiber products Market Key Performance Indicators |
8.1 Percentage increase in the number of construction projects using glass fiber products |
8.2 Adoption rate of glass fiber products in key industries such as construction, automotive, and aerospace |
8.3 Number of partnerships or collaborations between local manufacturers and international glass fiber suppliers |
9 Cape Verde Glass fiber products Market - Opportunity Assessment |
9.1 Cape Verde Glass fiber products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cape Verde Glass fiber products Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.3 Cape Verde Glass fiber products Market Opportunity Assessment, By Application? , 2021 & 2031F |
10 Cape Verde Glass fiber products Market - Competitive Landscape |
10.1 Cape Verde Glass fiber products Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Glass fiber products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |