| Product Code: ETC354447 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Singapore`s glass fiber market experienced a -5.68% decline in imports compared to 2023. However, the compound annual growth rate (CAGR) from 2020 to 2024 stood at 33.63%. This dip in import momentum in 2024 may be attributed to shifting demand patterns or evolving trade policies within the market.
Glass fiber is a versatile material used in various industries, including construction, automotive, and aerospace, for its lightweight and strong properties. The market for glass fiber in Singapore serves these diverse applications, offering solutions for reinforcement and composite materials. As advanced materials and lightweight structures gain importance, the demand for glass fiber is expected to grow.
The Singapore glass fiber market is poised for growth as it supports various industries, including construction, automotive, and aerospace. Glass fiber is a versatile material known for its strength and lightweight properties. As industries seek lightweight and durable materials for manufacturing, the demand for glass fiber in Singapore is likely to increase, driven by its essential role in composite materials and structural components.
The Singapore glass fiber market encounters challenges related to environmental concerns, recycling processes, and competition from alternative materials. Glass fiber producers should invest in eco-friendly production methods, develop recycling solutions for glass fibers, and emphasize the unique properties of glass fibers compared to alternatives to overcome market challenges.
The glass fiber market in Singapore encountered challenges during the COVID-19 pandemic due to fluctuations in industrial activities and supply chain interruptions. Demand for certain glass fiber products faced challenges. However, as industries adapted and recovery efforts began, the market showed signs of stabilization, focusing on innovative applications in composites and construction.
In the composites and construction industry, companies like Owens Corning and Jushi Group are significant participants in the Singapore glass fiber market. Glass fibers are used in composites for their strength and durability.
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 Singapore Glass Fiber Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Glass Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Glass Fiber Market - Industry Life Cycle |
3.4 Singapore Glass Fiber Market - Porter's Five Forces |
3.5 Singapore Glass Fiber Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Singapore Glass Fiber Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Singapore Glass Fiber Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Singapore Glass Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in various industries such as construction, automotive, and aerospace. |
4.2.2 Growing focus on sustainable and eco-friendly materials, as glass fiber is recyclable and energy-efficient. |
4.2.3 Government initiatives promoting the use of composites and fiberglass materials in infrastructure development projects. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the overall production costs. |
4.3.2 Intense competition from alternative materials like carbon fiber and aramid fiber. |
4.3.3 Challenges related to the recycling and disposal of glass fiber waste, leading to environmental concerns. |
5 Singapore Glass Fiber Market Trends |
6 Singapore Glass Fiber Market, By Types |
6.1 Singapore Glass Fiber Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Glass Fiber Market Revenues & Volume, By Resin Type, 2021-2031F |
6.1.3 Singapore Glass Fiber Market Revenues & Volume, By Chopped Strands, 2021-2031F |
6.1.4 Singapore Glass Fiber Market Revenues & Volume, By Glass Wool, 2021-2031F |
6.1.5 Singapore Glass Fiber Market Revenues & Volume, By Roving, 2021-2031F |
6.1.6 Singapore Glass Fiber Market Revenues & Volume, By Yarn, 2021-2031F |
6.2 Singapore Glass Fiber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Glass Fiber Market Revenues & Volume, By Composites, 2021-2031F |
6.2.3 Singapore Glass Fiber Market Revenues & Volume, By Insulation, 2021-2031F |
6.3 Singapore Glass Fiber Market, By End-user Industry |
6.3.1 Overview and Analysis |
6.3.2 Singapore Glass Fiber Market Revenues & Volume, By Buildings and Construction, 2021-2031F |
6.3.3 Singapore Glass Fiber Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Singapore Glass Fiber Market Revenues & Volume, By Aerospace and Defense, 2021-2031F |
6.3.5 Singapore Glass Fiber Market Revenues & Volume, By Alternative Energy, 2021-2031F |
6.3.6 Singapore Glass Fiber Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.3.7 Singapore Glass Fiber Market Revenues & Volume, By Industrial, 2021-2031F |
7 Singapore Glass Fiber Market Import-Export Trade Statistics |
7.1 Singapore Glass Fiber Market Export to Major Countries |
7.2 Singapore Glass Fiber Market Imports from Major Countries |
8 Singapore Glass Fiber Market Key Performance Indicators |
8.1 Research and development investment in glass fiber technology and innovation. |
8.2 Adoption rate of glass fiber in new applications and industries. |
8.3 Number of partnerships and collaborations within the glass fiber industry for expanding market reach. |
9 Singapore Glass Fiber Market - Opportunity Assessment |
9.1 Singapore Glass Fiber Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Singapore Glass Fiber Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Singapore Glass Fiber Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Singapore Glass Fiber Market - Competitive Landscape |
10.1 Singapore Glass Fiber Market Revenue Share, By Companies, 2024 |
10.2 Singapore Glass Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |