The Global Fiberglass Mold Market is expected to reach $552.41 million by 2026 growing at a CAGR of 9.7% during 2018 to 2026.

Aug 9, 2019

Some of the key players profiled in the Fiberglass Mold Market include Norco Composites & GRP, Dencam Composite, Shandong Shuangyi Technology Co., Ltd., indutch composites technology pvt. ltd., and SCHÜTZ GmbH & Co. KGaA.

Fiberglass molds are generally used to make multiple duplicates of a section that may have a complex shape. Fiberglass Mold provides dimensionally accurate, lightweight, and strong composite materials. Growth in population for smart architecture, high demand from end-user industries and increasing productivity of both employees and enterprises are some of the key driving factors the market growth. However, the high manufacturing cost of these molds is restraining market growth.

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By Resin Type, Epoxy resin segment is anticipated to grow at significant market share during the forecast period. The growth is attributed to the increasing demand from the automotive & transportation industry and construction. It exhibits superior mechanical properties and more thermal and chemical resistance than other types of resin.

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Resin Types Covered:
• Polyester Resin
• Vinyl Ester Resin
• Epoxy
• Other Resin Types

End Users Covered:
• Marine
• Aerospace & Defense
• Construction & Infrastructure
• Wind Energy
• Automotive & Transportation
• Other End Users

Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

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Key Questions Answered in this Report:
• How this market evolved since the year 2016
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analyzed during the forecast period

Contact Info:
Name: Sadhana Shukla
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Organization: Syngene Market Research Reports
Website: https://www.syngeneresearch.com/

Source URL: https://marketersmedia.com/the-global-fiberglass-mold-market-is-expected-to-reach-55241-million-by-2026-growing-at-a-cagr-of-97-during-2018-to-2026/88906132

Source: MarketersMedia

Release ID: 88906132