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Study #: 2505

Published: 06/2009

Pages: 304

Full Study Price: US$ 4,700

Per Page Price: US$ 35.00 (text) | 60.00 (table)

Glass Fibers to 2013 - Industry Market Research, Market Share, Market Size, Sales, Demand Forecast, Market Leaders, Company Profiles, Industry Trends

US glass fiber demand will grow 3.3 percent annually through 2013. Glass wool fiber will lead gains based on a rebound in new home building and more intensive use of fiberglass insulation per new housing unit. Textile glass fiber will be driven mainly by use in reinforced plastics, but will be restrained by maturing markets and lower-cost imported fibers.

This study analyzes the 6.1 billion pound US glass fiber industry. It presents historical demand data for the years 1998, 2003 and 2008, and forecasts for 2013 and 2018 by type (glass wool fiber, textile glass fiber) and market (e.g., residential construction, nonresidential construction, industrial and equipment, appliances, reinforced plastics, asphalt, mechanical rubber).

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 42 industry players, including Owens Corning, Johns Manville and CertainTeed.

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TABLE OF CONTENTS                            

   
SECTION                                                                      PAGE

               INTRODUCTION                                                    ix
               
          I.   EXECUTIVE SUMMARY                                                1
          
          II.  MARKET ENVIRONMENT                                               4
               General                                                          4
               Macroeconomic Outlook                                            5
               Consumer Income & Spending                                       9
               Demographic Trends                                              11
               Construction Outlook                                            15
                   Building Construction                                       17
                     Residential Construction                                  21
                        Housing Starts                                         23
                        Improvement & Repair                                   29
                     Nonresidential Construction                               30
                   Nonbuilding Construction                                    33
               Manufacturing Outlook                                           35
               Insulation Market Outlook                                       38
               Motor Vehicle Outlook                                           42
               Electrical & Electronic Equipment Outlook                       44
               Recreational Boating Outlook                                    45
               Reinforced Plastics Outlook                                     47
               Legislative & Regulatory Considerations                         50
                   Glass Wool                                                  50
                   Textile Glass Fiber                                         52
               Recycling                                                       53
               
          III. GLASS FIBER OVERVIEW                                            55
               General                                                         55
               Historical Trends                                               57
               Pricing Factors                                                 59
               International Activity                                          61
               Foreign Trade                                                   63
               
          IV.  GLASS WOOL FIBERS                                               65
               General                                                         65
                   Types                                                       66
                   R-Values                                                    67
                   Competitive Materials                                       70
                     Foamed Plastic                                            70
                     Cellulose                                                 71
                     Mineral Wool                                              72
                     Other Insulation Materials                                74
               Supply & Demand                                                 76
               Producers & Market Share                                        78
                   Owens Corning                                               79
                   Johns Manville                                              80
                   CertainTeed                                                 80
                   Knauf Insulation                                            80
                   Guardian Fiberglass                                         81
               Markets                                                         81
                   Residential Construction Market                             85
                     New Housing                                               88
                     Replacement & Remodeling                                  89
                     Attic Reinsulation                                        91
                   Nonresidential Construction Market                          92
                     Office & Commercial                                       95
                     Institutional                                             96
                     Industrial                                                96
                     Other Nonresidential                                      97
                   Industrial & Equipment Market                               97
                   Appliances & Other Markets                                  99
                   
          V.   TEXTILE GLASS FIBERS                                           102
               General                                                        102
                   Product Forms & Characteristics                            103
                   Competitive Materials                                      105
                     Carbon Fibers                                            105
                     Aramid Fibers                                            107
                     Nanomaterials                                            108
                     Other Reinforcements                                     109
               Supply & Demand                                                112
               Producers & Market Share                                       114
                   Owens Corning                                              114
                   PPG                                                        115
                   Johns Manville                                             116
                   Other Firms                                                116
               Markets                                                        118
                   Reinforced Plastics                                        120
                     Construction                                             124
                     Motor Vehicles                                           137
                        Resins                                                139
                        Motor Vehicle Types                                   141
                     Producer Durable Equipment                               142
                        Electrical Equipment                                  145
                          Wind Turbine Components                             146
                          Electronic Laminates                                148
                          Other Electrical Equipment                          148
                        Business Equipment                                    150
                        Other Producer Durable Equipment                      150
                     Marine                                                   151
                     Consumer Durables                                        155
                        Appliances                                            156
                        Other Consumer Durables                               157
                     Aerospace & Other                                        158
                        Aerospace                                             160
                        All Other                                             161
                   Other Reinforcement Markets                                162
                     Asphalt Construction Products                            164
                        Asphalt Shingles                                      165
                        Other Uses                                            167
                     Mechanical Rubber Products                               169
                     Paper Products                                           172
                     Fabrics & Other Products                                 173
                   Non-Reinforcement Markets                                  175
                     Insulating Materials                                     177
                     Filtration Products                                      179
                     Home Furnishings                                         181
                     Other                                                    182
                     
          VI.  INDUSTRY STRUCTURE                                             183
               General                                                        183
               Industry Composition                                           184
               Market Share                                                   185
                   Owens Corning                                              187
                   Johns Manville                                             188
                   CertainTeed                                                188
                   PPG Industries                                             189
                   Knauf Insulation                                           189
                   Guardian Fiberglass                                        189
                   AGY Holding                                                190
                   Other Firms                                                190
               Mergers & Acquisitions                                         190
               Marketing Strategies                                           194
               Channels of Distribution                                       196
               Research & Development                                         197
               Competitive Strategies                                         199
               Cooperative Agreements                                         200
               Company Profiles                                               204
                   AGY Holding Corporation                                    205
                   Ameron International Corporation                           207
                   AOC LLC                                                    209
                   Ashland Incorporated                                       210
                   AZDEL Incorporated, see Hanwha Group                          
                   BASF SE                                                    212
                   Bayer AG                                                   215
                   Belco Manufacturing Company Incorporated, see Denali 
                   Berkshire Hathaway Incorporated                            217
                   BGF Industries Incorporated                                224
                   Celanese Corporation                                       226
                   Containment Solutions Incorporated, see Denali
                   Crane Company                                              229
                   Cytec Industries Incorporated                              233
                   Denali Incorporated                                        235
                   DIC Corporation                                            238
                   Dow Chemical Company                                       239
                   DuPont (EI) de Nemours                                     241
                   Ershigs Incorporated, see Denali Incorporated                 
                   Evanite Fiber Corporation                                  243
                   Fiber Glass Systems LP, see National Oilwell Varco 
                   GBP Silvercote Incorporated, see Guardian Industries 
                   Guardian Industries Corporation                            245
                   Hanwha Group                                               247
                   Hexcel Corporation                                         249
                   Hexion Specialty Chemicals Incorporated                    251
                   Hobas AG                                                   253
                   Hood Companies                                             254
                   Huntsman Corporation                                       256
                   INEOS ABS Limited, see LANXESS AG                             
                   Interplastic Corporation                                   257
                   Johns Manville Corporation, see Berkshire Hathaway 
                   JPS Industries Incorporated                                259
                   Knauf Gips KG                                              260
                   LANXESS AG                                                 264
                   LM Glasfiber Holding A/S                                   266
                   LyondellBasell Industries AF SCA                           268
                   National Oilwell Varco Incorporated                        270
                   Owens Corning                                              272
                   PPG Industries Incorporated                                278
                   Reichhold Incorporated                                     280
                   Royal DSM NV                                               283
                   RTP Company                                                285
                   Saint-Gobain                                               287
                   Saudi Basic Industries Corporation                         291
                   Solvay SA                                                  295
                   Sumitomo Bakelite Company Limited                          298
                   Superior Fibers Incorporated                               299
                   Total SA                                                   301
                   Vectorply Corporation                                      303

                                  LIST OF TABLES
                                        
TABLE NUMBER                                                                 PAGE


               SECTION I -- EXECUTIVE SUMMARY 
               Summary Table                                                    3
            
               SECTION II -- MARKET ENVIRONMENT
           1   Macroeconomic Indicators                                         9
           2   Personal Consumption Expenditures                               11
           3   Population & Households                                         15
           4   Construction Expenditures                                       17
           5   Building Construction Expenditures                              21
           6   Residential Building Construction Expenditures                  23
           7   New Housing Indicators                                          28
           8   Residential Improvement & Repair Expenditures                   30
           9   Nonresidential Building Construction Expenditures               33
          10   Nonbuilding Construction Expenditures                           35
          11   Manufacturers' Shipments                                        38
          12   Insulation Demand by Material                                   41
          13   Motor Vehicle Indicators                                        44
          14   Electrical & Electronic Equipment Shipments                     45
          15   Recreational Boat Shipments                                     47
          16   Reinforced Plastics Demand                                      50

               SECTION III -- GLASS FIBER OVERVIEW
           1   Glass Fiber Demand by Type                                      57
           2   Glass Fiber Markets, 1998-2008                                  58
           3   Glass Fiber Prices                                              61
           4   US Glass Fiber Trade                                            64

               SECTION IV -- GLASS WOOL FIBERS
           1   Insulation R-Values by Material                                 69
           2   Glass Wool Fiber Supply & Demand                                78
           3   Glass Wool Fiber Demand by Market                               84
           4   Residential Construction Market for Glass Wool Fibers           87
           5   New Housing Market for Glass Wool Fibers                        89
           6   Replacement & Remodeling Market for Glass Wool Fibers           90
           7   Attic Reinsulation Market for Glass Wool Fibers                 92
           8   Nonresidential Construction Market for Glass Wool Fibers        94
           9   Industrial & Equipment Market for Glass Wool Fibers             99
          10   Appliances & Other Markets for Glass Wool Fibers               101

               SECTION V -- TEXTILE GLASS FIBERS
           1   Textile Glass Fiber Supply & Demand                            113
           2   Textile Glass Fiber Demand by Market                           119
           3   Reinforced Plastics Markets for Textile Glass Fibers           123
           4   Construction Market for Textile Glass Fibers                   126
           5   Motor Vehicle Market for Textile Glass Fibers                  139
           6   Producer Durable Equipment Market for Textile Glass Fibers     144
           7   Marine Market for Textile Glass Fibers                         154
           8   Consumer Durables Market for Textile Glass Fibers              156
           9   Aerospace & Other Reinforced Plastic Markets for Textile
                   Glass Fibers                                     	      159                            
          10   Other Reinforcement Markets for Textile Glass Fibers           163
          11   Asphalt Construction Product Market for Textile Glass Fibers   165
          12   Mechanical Rubber Product Market for Textile Glass Fibers      171
          13   Paper Product Market for Textile Glass Fibers                  173
          14   Fabric & Other Product Reinforcement Market for Textile
                   Glass Fibers                                               175
          15   Non-Reinforcement Markets for Textile Glass Fibers             176

               SECTION VI -- INDUSTRY STRUCTURE
           1   US Glass Fiber Market Share, 2008                              186
           2   Selected Acquisitions & Divestitures                           193
           3   Selected Cooperative Agreements                                203

                                  LIST OF CHARTS
                                        
CHART NUMBER                                                                 PAGE

                  SECTION II -- MARKET ENVIRONMENT
           1   Insulation Demand by Material, 2008                             41

               SECTION III -- GLASS FIBER OVERVIEW
           1   Glass Fiber Markets, 1998-2008                                  59

               SECTION IV -- GLASS WOOL FIBERS 
           1   US Glass Wool Fiber Market Share, 2008                          79
           2   Glass Wool Fiber Demand by Market, 2008                         85
           3   Residential Construction Market for Glass Wool Fibers, 2008     87
           4   Nonresidential Construction Market for Glass Wool 
                   Fibers, 2008                                                95

               SECTION V -- TEXTILE GLASS FIBERS 
           1   US Textile Glass Fiber Market Share, 2008                      114
           2   Textile Glass Fiber Demand by Market, 2008                     120
           3   Reinforced Plastics Market for Textile Glass Fibers, 2008      124
           4   Construction Market for Textile Glass Fibers, 2008             127
           5   Producer Durable Equipment Market for Textile Glass 
                   Fibers, 2008                                               145
           6   Other Reinforcement Markets for Textile Glass Fibers, 2008     164
           7   Non-Reinforcement Markets for Textile Glass Fibers, 2008       177

               SECTION VI -- INDUSTRY STRUCTURE
           1   US Glass Fiber Market Share, 2008                              187
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