The Asia Pacific Fiberglass Sunscreen Market would witness market growth of 7.1% CAGR during the forecast period (2021-2027).
Fiberglass sunscreen is a type of material that acts as an insulator for excess heat and cold in a building or home. With the shifting preference of consumers towards sustainable products, the demand for fiberglass sunscreen is registering a positive growth as it causes very less harm to the environment in comparison to other materials. There is a rising standardization of fiberglass in window screen materials in the last few years that is estimated to propel the growth of the market. Moreover, with the broad collection of materials for various users, the usage of the product has increased.
There is a swift expansion in the real estate industry along with commercial construction, especially in emerging nations like India and China, which is supporting the increased requirements for fiberglass sunscreens in the market. Additionally, the global expansion in the commercial construction under the hospitality industry including resorts, hotels, hospitals, and other segments, highly requires sunscreens. According to the TOPHOTELPROJECTS online database, there was a construction of 2,445 new hotels in 2020 and 928 new hotels in 2021, in the Asia Pacific, in which China is the leading country, where 1,160 new hotels are in the pipeline. Thus, this swift expansion in the hotel sector is projected to open new growth avenues of the fiberglass sunscreen market.
The tourism and hospitality sector in the Asia-Pacific region is flourishing at a great pace, which is contributing to the regional growth of fiberglass sunscreen. In addition, there are many companies across the world that are entering into this region and building their offices to increase their geographical presence. So, due to the increasing construction projects of schools, offices, and corporate buildings in the emerging nations of this region like India and China, the fiberglass sunscreen market would also flourish in this market.
The cheap labor and less stringent rules in various countries in this region will open growth opportunities for the fiberglass sunscreen manufacturers, thereby helping them to enter this market and prosper in the growing regional market. All such favourable factors will boost the demand for fiberglass sunscreen in the Asia Pacific region.
The China market dominated the Asia Pacific Educational & Government Institutions Fiberglass Sunscreen Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $20.9 million by 2027. The Japan market is showcasing a CAGR of 8% during (2021 - 2027). Additionally, The India market is anticipated to witness a CAGR of 9.2% during (2021 - 2027).
Based on Application, the market is segmented into Corporate Buildings, Hotels, Residential, Hospitals & Clinics, Educational & Government Institutions and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Fiberglass Sunscreen Market is Projected to reach USD 2.6 Billion by 2027, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hunter Douglas N.V., Fulltech Fiber Glass Corporation, Changzhou Bestex Technical Textile Co., Ltd., Sunscreen (Singapore) Pte. Ltd., Sichuan Groupeve Co. Ltd., Wuxi EV Window Decoration Co., Ltd., Hongyuan Envirotech Co., Ltd. (Zhejiang Hongsheng Envirotech Group Co., Ltd.), Ningbo Xianfeng New Material CO., Ltd., Phifer, Inc., and Mermet Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Corporate Buildings
- Hotels
- Residential
- Hospitals & Clinics
- Educational & Government Institutions
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Hunter Douglas N.V.
- Fulltech Fiber Glass Corporation
- Changzhou Bestex Technical Textile Co., Ltd.
- Sunscreen (Singapore) Pte. Ltd.
- Sichuan Groupeve Co. Ltd.
- Wuxi EV Window Decoration Co., Ltd.
- Hongyuan Envirotech Co., Ltd. (Zhejiang Hongsheng Envirotech Group Co., Ltd.)
- Ningbo Xianfeng New Material CO., Ltd.
- Phifer, Inc.
- Mermet Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Fiberglass Sunscreen Market, by Application
1.4.2 Asia Pacific Fiberglass Sunscreen Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Fiberglass Sunscreen Market by Application
3.1 Asia Pacific Corporate Buildings Market by Country
3.2 Asia Pacific Hotels Market by Country
3.3 Asia Pacific Residential Market by Country
3.4 Asia Pacific Hospitals & Clinics Market by Country
3.5 Asia Pacific Educational & Government Institutions Market by Country
3.6 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Fiberglass Sunscreen Market by Country
4.1 China Fiberglass Sunscreen Market
4.1.1 China Fiberglass Sunscreen Market by Application
4.2 Japan Fiberglass Sunscreen Market
4.2.1 Japan Fiberglass Sunscreen Market by Application
4.3 India Fiberglass Sunscreen Market
4.3.1 India Fiberglass Sunscreen Market by Application
4.4 South Korea Fiberglass Sunscreen Market
4.4.1 South Korea Fiberglass Sunscreen Market by Application
4.5 Singapore Fiberglass Sunscreen Market
4.5.1 Singapore Fiberglass Sunscreen Market by Application
4.6 Malaysia Fiberglass Sunscreen Market
4.6.1 Malaysia Fiberglass Sunscreen Market by Application
4.7 Rest of Asia Pacific Fiberglass Sunscreen Market
4.7.1 Rest of Asia Pacific Fiberglass Sunscreen Market by Application
Chapter 5. Company Profiles
5.1 Hunter Douglas N.V.
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Segmental and Regional Analysis
5.1.4 Research & Development Expense
5.1.5 Recent strategies and developments:
5.1.5.1 Acquisition and Mergers:
5.2 Fulltech Fiber Glass Corporation
5.2.1 Company Overview
5.2.2 Financial Analysis
5.2.3 Research & Development Expense
5.3 Changzhou Bestex Technical Textile Co., Ltd.
5.3.1 Company Overview
5.4 Sunscreen (Singapore) Pte. Ltd.
5.4.1 Company Overview
5.5 Sichuan Groupeve Co. Ltd.
5.5.1 Company Overview
5.6 Wuxi EV Window Decoration Co., Ltd.
5.6.1 Company Overview
5.7 Hongyuan Envirotech Co., Ltd. (Zhejiang Hongsheng Envirotech Group Co., Ltd.)
5.7.1 Company Overview
5.8 Ningbo Xianfeng New Material Co., Ltd.
5.8.1 Company Overview
5.9 Phifer, Inc.
5.9.1 Company Overview
5.9.2 Recent strategies and developments:
5.9.2.1 Product Launches and Product Expansions:
5.10. Mermet Corporation
5.10.1 Company Overview
TABLE 1 Asia Pacific Fiberglass Sunscreen Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Fiberglass Sunscreen Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Fiberglass Sunscreen Market by Application, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Fiberglass Sunscreen Market by Application, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Corporate Buildings Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Corporate Buildings Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Hotels Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Hotels Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Residential Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Residential Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Hospitals & Clinics Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Hospitals & Clinics Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Educational & Government Institutions Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Educational & Government Institutions Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Fiberglass Sunscreen Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Fiberglass Sunscreen Market by Country, 2021 - 2027, USD Million
TABLE 19 China Fiberglass Sunscreen Market, 2017 - 2020, USD Million
TABLE 20 China Fiberglass Sunscreen Market, 2021 - 2027, USD Million
TABLE 21 China Fiberglass Sunscreen Market by Application, 2017 - 2020, USD Million
TABLE 22 China Fiberglass Sunscreen Market by Application, 2021 - 2027, USD Million
TABLE 23 Japan Fiberglass Sunscreen Market, 2017 - 2020, USD Million
TABLE 24 Japan Fiberglass Sunscreen Market, 2021 - 2027, USD Million
TABLE 25 Japan Fiberglass Sunscreen Market by Application, 2017 - 2020, USD Million
TABLE 26 Japan Fiberglass Sunscreen Market by Application, 2021 - 2027, USD Million
TABLE 27 India Fiberglass Sunscreen Market, 2017 - 2020, USD Million
TABLE 28 India Fiberglass Sunscreen Market, 2021 - 2027, USD Million
TABLE 29 India Fiberglass Sunscreen Market by Application, 2017 - 2020, USD Million
TABLE 30 India Fiberglass Sunscreen Market by Application, 2021 - 2027, USD Million
TABLE 31 South Korea Fiberglass Sunscreen Market, 2017 - 2020, USD Million
TABLE 32 South Korea Fiberglass Sunscreen Market, 2021 - 2027, USD Million
TABLE 33 South Korea Fiberglass Sunscreen Market by Application, 2017 - 2020, USD Million
TABLE 34 South Korea Fiberglass Sunscreen Market by Application, 2021 - 2027, USD Million
TABLE 35 Singapore Fiberglass Sunscreen Market, 2017 - 2020, USD Million
TABLE 36 Singapore Fiberglass Sunscreen Market, 2021 - 2027, USD Million
TABLE 37 Singapore Fiberglass Sunscreen Market by Application, 2017 - 2020, USD Million
TABLE 38 Singapore Fiberglass Sunscreen Market by Application, 2021 - 2027, USD Million
TABLE 39 Malaysia Fiberglass Sunscreen Market, 2017 - 2020, USD Million
TABLE 40 Malaysia Fiberglass Sunscreen Market, 2021 - 2027, USD Million
TABLE 41 Malaysia Fiberglass Sunscreen Market by Application, 2017 - 2020, USD Million
TABLE 42 Malaysia Fiberglass Sunscreen Market by Application, 2021 - 2027, USD Million
TABLE 43 Rest of Asia Pacific Fiberglass Sunscreen Market, 2017 - 2020, USD Million
TABLE 44 Rest of Asia Pacific Fiberglass Sunscreen Market, 2021 - 2027, USD Million
TABLE 45 Rest of Asia Pacific Fiberglass Sunscreen Market by Application, 2017 - 2020, USD Million
TABLE 46 Rest of Asia Pacific Fiberglass Sunscreen Market by Application, 2021 - 2027, USD Million
TABLE 47 key information – Hunter Douglas N.V.
TABLE 48 key information – Fulltech Fiber Glass Corporation
TABLE 49 key information – Changzhou Bestex Technical Textile Co., Ltd.
TABLE 50 key information – Sunscreen (Singapore) Pte. Ltd.
TABLE 51 key information – Sichuan Groupeve Co. Ltd.
TABLE 52 key information – Wuxi EV Window Decoration Co., Ltd.
TABLE 53 key information – Hongyuan Envirotech Co., Ltd.
TABLE 54 key information – Ningbo Xianfeng New Material CO., Ltd.
TABLE 55 key information – Phifer, Inc.
TABLE 56 key information – Mermet Corporation
List of Figures
FIG 1 Methodology for the research