Table of Content

1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.3.1 YEARS CONSIDERED FOR THE STUDY 15
1.4 CURRENCY 16
1.5 UNIT CONSIDERED 16
1.6 LIMITATIONS 16
1.7 STAKEHOLDERS 16

2 RESEARCH METHODOLOGY 17
2.1 RESEARCH DATA 17
2.1.1 SECONDARY DATA 18
2.1.1.1 Key data from secondary sources 18
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from primary sources 19
2.1.2.2 Key industry insights 20
2.1.2.3 Breakdown of primary interviews 20
2.2 MARKET SIZE ESTIMATION 21
2.2.1 BOTTOM-UP APPROACH 21
2.2.2 TOP-DOWN APPROACH 22
2.3 DATA TRIANGULATION 23
2.4 ASSUMPTIONS 23

3 EXECUTIVE SUMMARY 24

4 PREMIUM INSIGHTS 28
4.1 SIGNIFICANT GROWTH OPPORTUNITIES IN THE FIBERGLASS MOLD MARKET 28
4.2 FIBERGLASS MOLD MARKET, BY RESIN TYPE 28
4.3 FIBERGLASS MOLD MARKET SHARE, BY REGION AND END-USE INDUSTRY 29
4.4 FIBERGLASS MOLD MARKET: MAJOR COUNTRIES 30
4.5 FIBERGLASS MOLD MARKET, BY END-USE INDUSTRY 30

5 MARKET OVERVIEW 31
5.1 INTRODUCTION 31
5.1.1 DRIVERS 32
5.1.1.1 Lightweight and precision molds for composite components 32
?
5.1.2 RESTRAINTS 32
5.1.2.1 High R&D and high cost involved in the manufacturing of fiberglass molds 32
5.1.3 OPPORTUNITIES 32
5.1.3.1 Adoption of 3D printing in fiberglass mold manufacturing 32
5.1.4 CHALLENGES 33
5.1.4.1 Need to reduce production cycle time and increase the lifecycle of fiberglass molds 33
5.2 PORTER’S FIVE FORCES ANALYSIS 33
5.2.1 THREAT OF NEW ENTRANTS 34
5.2.2 THREAT OF SUBSTITUTES 34
5.2.3 BARGAINING POWER OF SUPPLIERS 34
5.2.4 BARGAINING POWER OF BUYERS 34
5.2.5 INTENSITY OF COMPETITIVE RIVALRY 35

6 MACROECONOMIC OVERVIEW AND KEY TRENDS 36
6.1 INTRODUCTION 36
6.2 TRENDS AND FORECAST OF GDP 36
6.3 TRENDS IN AUTOMOTIVE & TRANSPORTATION INDUSTRY 37
6.4 TRENDS IN AEROSPACE & DEFENSE INDUSTRY 38
6.5 TRENDS IN WIND ENERGY INDUSTRY 38

7 FIBERGLASS MOLD MARKET, BY RESIN TYPE 40
7.1 INTRODUCTION 41
7.2 EPOXY 42
7.2.1 APAC WAS THE LARGEST MARKET FOR EPOXY RESIN-BASED FIBERGLASS MOLD IN 2018 42
7.3 POLYESTER RESIN 44
7.3.1 POLYESTER RESIN-BASED FIBERGLASS MOLDS ARE USED MAINLY IN RAILWAY AND HEAVY TRUCK COMPONENT MOLDING 44
7.4 VINYL ESTER RESIN 45
7.4.1 MARINE IS THE LARGEST END-USE INDUSTRY FOR VINYL ESTER-BASED FIBERGLASS MOLD MARKET 45
7.5 OTHERS 46

8 FIBERGLASS MOLD MARKET, BY END-USE INDUSTRY 48
8.1 INTRODUCTION 49
8.2 WIND ENERGY 50
8.2.1 WIND ENERGY IS ONE OF THE PROMINENT CONSUMERS OF FIBERGLASS MOLDS, GLOBALLY 50
8.3 MARINE 52
8.3.1 NORTH AMERICA IS THE LARGEST CONSUMER OF FIBERGLASS MOLDS IN THE MARINE END-USE INDUSTRY 52
?
8.4 AUTOMOTIVE & TRANSPORTATION 53
8.4.1 EUROPE IS THE LARGEST CONSUMER OF FIBERGLASS MOLDS IN THE AUTOMOTIVE & TRANSPORTATION END-USE INDUSTRY 53
8.5 AEROSPACE & DEFENSE 55
8.5.1 APAC IS THE FASTEST-GROWING REGION FOR FIBERGLASS MOLD MARKET IN THE AEROSPACE & DEFENSE END-USE INDUSTRY 55
8.6 CONSTRUCTION & INFRASTRUCTURE 56
8.6.1 NORTH AMERICA IS THE SECOND-LARGEST CONSUMER OF FIBERGLASS MOLDS IN CONSTRUCTION & INFRASTRUCTURE 56
8.7 OTHERS 57

9 FIBERGLASS MOLD MARKET, BY REGION 58
9.1 INTRODUCTION 59
9.2 NORTH AMERICA 61
9.2.1 CANADA 64
9.2.1.1 Wind energy and automotive & transportation end-use industries are expected to drive the fiberglass mold market in the country 64
9.2.2 US 64
9.2.2.1 US is the largest market of fiberglass mold in North America 64
9.3 EUROPE 66
9.3.1 GERMANY 69
9.3.1.1 Germany is the biggest market for fiberglass mold in the European region 69
9.3.2 UK 69
9.3.2.1 The UK is the second-largest fiberglass mold market in the European region 69
9.3.3 FRANCE 70
9.3.3.1 France is one of the major fiberglass mold markets in the European region 70
9.3.4 ITALY 70
9.3.4.1 Wind energy and automotive & transportation are major end-use industries in Italy for the fiberglass mold market 70
9.3.5 RUSSIA 70
9.3.5.1 Wind Energy End-use Industry Is Expected To Drive The Market of Fiberglass Mold In Russia 70
9.4 APAC 71
9.4.1 CHINA 74
9.4.1.1 China is The Fastest-Growing Market of Fiberglass Mold, Globally 74
9.4.2 INDIA 75
9.4.2.1 India Is A Key Fiberglass Mold Market 75
9.4.3 JAPAN 75
9.4.3.1 Japan is an Established Market For Fiberglass Molds in APAC 75
9.4.4 SOUTH KOREA 75
9.4.4.1 South Korea is the fourth-largest market in APAC 75
?
9.5 MEA 76
9.5.1 UAE 78
9.5.1.1 UAE is the second-largest market of fiberglass mold in MEA 78
9.5.2 SOUTH AFRICA 78
9.5.2.1 South Africa is the largest wind energy market in the region 78
9.5.3 SAUDI ARABIA 78
9.5.3.1 Saudi Arabia is one of the prominent countries in the MEA fiberglass mold market 78
9.6 LATIN AMERICA 78
9.6.1 BRAZIL 80
9.6.1.1 Brazil is the largest market of fiberglass mold in Latin America 80
9.6.2 MEXICO 81
9.6.2.1 Automotive & transportation is one of the major end-use industries in the country 81

10 COMPETITIVE LANDSCAPE 82
10.1 INTRODUCTION 82
10.2 COMPETITIVE LEADERSHIP MAPPING, 2018 83
10.2.1 VISIONARY LEADERS 83
10.2.2 DYNAMIC DIFFERENTIATORS 83
10.2.3 EMERGING COMPANIES 83
10.2.4 INNOVATORS 83
10.3 COMPETITIVE BENCHMARKING 85
10.3.1 STRENGTH OF PRODUCT PORTFOLIO 85
10.3.2 BUSINESS STRATEGY EXCELLENCE 86
10.4 RANKING OF KEY PLAYERS, 2018 87
10.5 COMPETITIVE SCENARIO 87
10.5.1 EXPANSION & INVESTMENT 87
10.5.2 MERGER & ACQUISITION 88
10.5.3 AGREEMENT & PARTNERSHIP 88

11 COMPANY PROFILES 89
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 GURIT HOLDING AG 89
11.2 DENCAM COMPOSITES 92
11.3 NORCO COMPOSITES & GRP 93
11.4 JANICKI INDUSTRIES, INC. 94
11.5 TPI COMPOSITES, INC. 95
11.6 SCH?TZ GMBH & CO. KGAA 97
11.7 INDUTCH COMPOSITES TECHNOLOGY PVT. LTD. 98
11.8 SHANDONG SHUANGYI TECHNOLOGY CO., LTD 99
11.9 EUROS GMBH 100
11.10 MOLDED FIBER GLASS COMPANIES 101
11.11 OTHER KEY COMPANIES 102
11.11.1 GBT COMPOSITES TECHNOLOGY LIMITED 102
11.11.2 SSP TECHNOLOGY 102
11.11.3 BAYVIEW COMPOSITES 102
11.11.4 PERFORMANCE COMPOSITES 102
11.11.5 LM WIND 102
11.11.6 FIBERGLASS UK LTD. 102
11.11.7 AP HOLLINGS & SONS LIMITED 103
11.11.8 CMDT LLC 103
11.11.9 MOULDCAM 103
11.11.10 SINTEX-WAUSAUKEE COMPOSITES 103
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.

12 APPENDIX 104
12.1 DISCUSSION GUIDE 104
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 107
12.3 AVAILABLE CUSTOMIZATIONS 109
12.4 RELATED REPORTS 109
12.5 AUTHOR DETAILS 110



List of Figures



FIGURE 1 MARKET SEGMENTATION 15
FIGURE 2 FIBERGLASS MOLD MARKET: RESEARCH DESIGN 17
FIGURE 3 FIBERGLASS MOLD MARKET: BOTTOM-UP APPROACH 21
FIGURE 4 FIBERGLASS MOLD MARKET: TOP-DOWN APPROACH 22
FIGURE 5 FIBERGLASS MOLD MARKET: DATA TRIANGUALTION 23
FIGURE 6 EPOXY RESIN-BASED FIBERGLASS MOLD TO DRIVE THE FIBERGLASS MOLD MARKET, 2017–2024 25
FIGURE 7 WIND ENERGY INDUSTRY TO DRIVE THE FIBERGLASS MOLD MARKET, 2017–2024 25
FIGURE 8 APAC TO DOMINATE THE FIBERGLASS MOLD MARKET, 2018 26
FIGURE 9 CHINA TO BE THE FASTEST-GROWING FIBERGLASS MOLD MARKET 27
FIGURE 10 FIBERGLASS MOLD MARKET TO GROW AT A SIGNIFICANT RATE 28
FIGURE 11 EPOXY TO BE THE LEADING RESIN TYPE IN THE FIBERGLASS MOLD MARKET 28
FIGURE 12 APAC ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2017 29
FIGURE 13 CHINA WAS THE FASTEST-GROWING MARKET IN 2018 30
FIGURE 14 WIND ENERGY TO ACCOUNT FOR THE HIGHEST SHARE IN FIBERGLASS
MOLD MARKET 30
FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE FIBERGLASS MOLD MARKET 31
FIGURE 16 FIBERGLASS MOLD MARKET: PORTER’S FIVE FORCES ANALYSIS 33
FIGURE 17 EPOXY RESIN EXPECTED TO DOMINATE THE MARKET 41
FIGURE 18 APAC IS EXPECTED TO LEAD THE DEMAND FOR EPOXY-BASED FIBERGLASS
MOLD MARKET 42
FIGURE 19 APAC IS EXPECTED TO GROW AT HIGHEST CAGR IN THE GLOBAL POLYESTER RESIN-BASED FIBERGLASS MOLD MARKET, 2017–2024 44
FIGURE 20 EUROPE TO BE THE SECOND-LARGEST EPOXY RESIN-BASED FIBERGLASS
MOLD MARKET 45
FIGURE 21 WIND ENERGY END-USE INDUSTRY IS EXPECTED TO DOMINATE THE MARKET 49
FIGURE 22 APAC IS EXPECTED TO LEAD THE DEMAND FOR FIBERGLASS MOLD IN WIND ENERGY END-USE INDUSTRY 51
FIGURE 23 APAC IS EXPECTED TO GROW AT THE HIGHEST CAGR IN THE FIBERGLASS MOLD MARKET FOR MARINE END-USE INDUSTRY 52
FIGURE 24 EUROPE TO BE THE LARGEST MARKET FOR FIBERGLASS MOLD IN AUTOMOTIVE
& TRANSPORTATION END-USE INDUSTRY 53
FIGURE 25 APAC TO DRIVE THE FIBERGLASS MOLD MARKET 59
FIGURE 26 NORTH AMERICA: FIBERGLASS MOLD MARKET SNAPSHOT 61
FIGURE 27 EUROPE: FIBERGLASS MOLD MARKET SNAPSHOT 66
FIGURE 28 APAC: FIBERGLASS MOLD MARKET SNAPSHOT 71
FIGURE 29 COMPANIES ADOPTED EXPANSION AS THE KEY GROWTH STRATEGY BETWEEN 2014 AND 2018 82
FIGURE 30 GLOBAL FIBERGLASS MOLD MARKET COMPETITIVE LEADERSHIP MAPPING, 2018 84
FIGURE 31 GURIT HOLDINGS AG LED THE FIBERGLASS MOLD MARKET IN 2018 87
FIGURE 32 GURIT HOLDING AG: COMPANY SNAPSHOT 89
FIGURE 33 GURIT HOLDING AG: SWOT ANALYSIS 90
FIGURE 34 TPI COMPOSITES, INC.: COMPANY SNAPSHOT 95

 

List of Tables



TABLE 1 TRENDS AND FORECAST OF GDP, 2017–2023 (USD BILLION) 36
TABLE 2 AUTOMOTIVE & TRANSPORTATION PRODUCTION, BY COUNTRY 2013–2017 (MILLION UNITS) 37
TABLE 3 NUMBER OF NEW AIRPLANE DELIVERIES, BY REGION 38
TABLE 4 WIND ENERGY INSTALLATION, BY COUNTRY, 2016–2017 (MW) 38
TABLE 5 FIBERGLASS MOLD MARKET SIZE, BY RESIN TYPE, 2017–2024 (TON) 41
TABLE 6 FIBERGLASS MOLD MARKET SIZE, BY RESIN TYPE, 2017–2024 (USD THOUSAND) 42
TABLE 7 EPOXY: FIBERGLASS MOLD MARKET SIZE, BY REGION, 2017–2024 (TON) 43
TABLE 8 EPOXY: FIBERGLASS MOLD MARKET SIZE, BY REGION 2017–2024 (USD THOUSAND) 43
TABLE 9 POLYESTER: FIBERGLASS MOLD MARKET SIZE, BY REGION, 2017–2024 (TON) 44
TABLE 10 POLYESTER: FIBERGLASS MOLD MARKET SIZE, BY REGION 2017–2024 (USD THOUSAND) 45
TABLE 11 VINYL ESTER: FIBERGLASS MOLD MARKET SIZE, BY REGION, 2017–2024 (TON) 46
TABLE 12 VINYL ESTER: FIBERGLASS MOLD MARKET SIZE, BY REGION 2017–2024 (USD THOUSAND) 46
TABLE 13 OTHER RESIN TYPES: FIBERGLASS MOLD MARKET SIZE, BY REGION 2017–2024 (TON) 47
TABLE 14 OTHER RESIN TYPES: FIBERGLASS MOLD MARKET SIZE, BY REGION 2017–2024 (USD THOUSAND) 47
TABLE 15 FIBERGLASS MOLD MARKET SIZE, BY END-USE INDUSTRY, 2017–2024 (TON) 49
TABLE 16 FIBERGLASS MOLD MARKET SIZE, BY END-USE INDUSTRY, 2017–2024 (USD THOUSAND) 50
TABLE 17 FIBERGLASS MOLD MARKET SIZE IN WIND ENERGY, BY REGION 2017–2024 (TON) 51
TABLE 18 FIBERGLASS MOLD MARKET SIZE IN WIND ENERGY, BY REGION 2017–2024 (USD THOUSAND) 51
TABLE 19 FIBERGLASS MOLD MARKET SIZE IN MARINE, BY REGION, 2017–2024 (TON) 52
TABLE 20 FIBERGLASS MOLD MARKET SIZE IN MARINE, BY REGION 2017–2024 (USD THOUSAND) 53
TABLE 21 FIBERGLASS MOLD MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION BY REGION, 2017–2024 (TON) 54
TABLE 22 FIBERGLASS MOLD MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION BY REGION, 2017–2024 (USD THOUSAND) 54
TABLE 23 FIBERGLASS MOLD MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION 2017–2024 (TON) 55
TABLE 24 FIBERGLASS MOLD MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION 2017–2024 (USD THOUSAND) 55
TABLE 25 FIBERGLASS MOLD MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE BY REGION, 2017–2024 (TON) 56
TABLE 26 FIBERGLASS MOLD MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE BY REGION, 2017–2024 (USD THOUSAND) 56
TABLE 27 FIBERGLASS MOLD MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2017–2024 (TON) 57
TABLE 28 FIBERGLASS MOLD MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2017–2024 (USD THOUSAND) 57
TABLE 29 FIBERGLASS MOLD MARKET SIZE, BY REGION, 2017–2024 (TON) 60
TABLE 30 FIBERGLASS MOLD MARKET SIZE, BY REGION, 2017–2024 (USD THOUSAND) 60
TABLE 31 NORTH AMERICA: FIBERGLASS MOLD MARKET SIZE, BY COUNTRY 2017–2024 (TON) 62
TABLE 32 NORTH AMERICA: FIBERGLASS MOLD MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 62
TABLE 33 NORTH AMERICA: FIBERGLASS MOLD MARKET SIZE, BY RESIN TYPE 2017–2024 (TON) 62
TABLE 34 NORTH AMERICA: FIBERGLASS MOLD MARKET SIZE, BY RESIN TYPE 2017–2024 (USD THOUSAND) 63
TABLE 35 NORTH AMERICA: FIBERGLASS MOLD MARKET SIZE, BY END-USE INDUSTRY, 2017–2024 (TON) 63
TABLE 36 NORTH AMERICA: FIBERGLASS MOLD MARKET SIZE, BY END-USE INDUSTRY, 2017–2024 (USD THOUSAND) 63
TABLE 37 US: FIBERGLASS MOLD MARKET SIZE, BY END-USE INDUSTRY, 2017–2024 (TON) 64
TABLE 38 US: FIBERGLASS MOLD MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (USD THOUSAND) 65
TABLE 39 EUROPE: FIBERGLASS MOLD MARKET SIZE, BY COUNTRY, 2017–2024 (TON) 67
TABLE 40 EUROPE: FIBERGLASS MOLD MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 67
TABLE 41 EUROPE: FIBERGLASS MOLD MARKET SIZE, BY RESIN TYPE,2017–2024 (TON) 68
TABLE 42 EUROPE: FIBERGLASS MOLD MARKET SIZE, BY RESIN TYPE 2017–2024 (USD THOUSAND) 68
TABLE 43 EUROPE: FIBERGLASS MOLD MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (TON) 68
TABLE 44 EUROPE: FIBERGLASS MOLD MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (USD THOUSAND) 69
TABLE 45 APAC: FIBERGLASS MOLD MARKET SIZE, BY COUNTRY, 2017–2024 (TON) 72
TABLE 46 APAC: FIBERGLASS MOLD MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 72
TABLE 47 APAC: FIBERGLASS MOLD MARKET SIZE, BY RESIN TYPE, 2017–2024 (TON) 73
TABLE 48 APAC: FIBERGLASS MOLD MARKET SIZE, BY RESIN TYPE 2017–2024 (USD THOUSAND) 73
TABLE 49 APAC: FIBERGLASS MOLD MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (TON) 73
TABLE 50 APAC: FIBERGLASS MOLD MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (USD THOUSAND) 74
TABLE 51 CHINA: FIBERGLASS MOLD MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (TON) 74
TABLE 52 CHINA: FIBERGLASS MOLD MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (USD THOUSAND) 75
TABLE 53 MEA: FIBERGLASS MOLD MARKET SIZE, BY COUNTRY, 2017–2024 (TON) 76
TABLE 54 MEA: FIBERGLASS MOLD MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 76
TABLE 55 MEA: FIBERGLASS MOLD MARKET SIZE, BY RESIN TYPE, 2017–2024 (TON) 76
TABLE 56 MEA: FIBERGLASS MOLD MARKET SIZE, BY RESIN TYPE 2017–2024 (USD THOUSAND) 77
TABLE 57 MEA: FIBERGLASS MOLD MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (TON) 77
TABLE 58 MEA: FIBERGLASS MOLD MARKET SIZE, BY END-USE INDUSTRY 2019–2024 (USD THOUSAND) 77
TABLE 59 LATIN AMERICA: FIBERGLASS MOLD MARKET SIZE, BY COUNTRY 2017–2024 (TON) 79
TABLE 60 LATIN AMERICA: FIBERGLASS MOLD MARKET SIZE, BY COUNTRY 2017–2024 (USD THOUSAND) 79
TABLE 61 LATIN AMERICA: FIBERGLASS MOLD MARKET SIZE, BY RESIN TYPE 2017–2024 (TON) 79
TABLE 62 LATIN AMERICA: FIBERGLASS MOLD MARKET SIZE, BY RESIN TYPE 2017–2027 (USD THOUSAND) 79
TABLE 63 LATIN AMERICA: FIBERGLASS MOLD MARKET SIZE, BY END-USE INDUSTRY 2017–2024 (TON) 80
TABLE 64 LATIN AMERICA: FIBERGLASS MOLD MARKET SIZE, BY END-USE INDUSTRY 2014–2021 (USD THOUSAND) 80
TABLE 65 EXPANSION & INVESTMENT, 2014–2018 87
TABLE 66 MERGER & ACQUISITION, 2014–2018 88
TABLE 67 ARGEEMENT & PARTNERSHIP, 2014–2018 88