The global fiberglass mold market size was USD 396.87 Million in 2022 and is expected to register a rapid revenue CAGR of 7.4% during the forecast period. Rapid incorporation of fiberglass mold in manufacturing cost intensive light weight automotive components is a key factor driving market revenue growth. Fiberglass molds are sourced to manufacture various lightweight automotive Original Equipment Manufacturers (OEM) and aftermarkets components, such as body panels, bumpers, interior components, customized grills, owing to their capabilities including high durability, corrosion resistance, and cost intensive manufacturing. Globally, various automotive Electric Vehicle (EV) OEMs and aftermarket component companies are significantly procuring lightweight fiberglass molded components to develop and assemble lightweight components into final vehicle. According to the International Energy Association (IEA), EV sales exceeded to 10 million in 2022. The share of EV in total sales tripled in last three years, from 4% in 2020 to 14% in 2022. In addition, fiberglass molds are highly cost effective in terms of manufacturing, therefore automotive aftermarket companies are significantly adopting fiberglass molding technology in designing customized components such as interior panels, outer body panels, and other structural elements.
The primary aim of the Fiberglass Mold Market report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Fiberglass Mold market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
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The leading market contenders listed in the report are:
Dencam Composite A/S, CRP TECHNOLOGY S.R.L., Toray Industries, Inc., Norco GRP, Molded Fiber Glass Companies, KraussMaffei Technologies GmbH, BÜFA Composite Systems GmbH Co. KG, TPI Composites, Inc., and BLG Fiberglass Manufacturing
The research study examines historic. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Overview:
The report bifurcates the Fiberglass Mold market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Resin Type Outlook (Revenue, USD Million; 2019-2032)
- Polyester Resin
- Vinyl Ester Resin
- Epoxy Resin
- Phenolic Resin
- Others
Mold Type Outlook (Revenue, USD Million; 2019-2032)
- Open Mold
- Closed Mold
- Injection Mold
- Others
End-use Outlook (Revenue, USD Million; 2019-2032)
- Automotive
- Furniture
- Marine and Boat
- Household
- Electronics and Electrical
- Others
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
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Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key reasons to buy the Global Fiberglass Mold Market report:
- The latest report comprehensively studies the global Fiberglass Mold market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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