Portland, OR, Sept. 19, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global fiberglass window market was estimated at $3.8 billion in 2021 and is expected to hit $5.9 billion by 2031, registering a CAGR of 4.2% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.
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Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2022–2031 |
| Base Year | 2021 |
| Market Size in 2021 | $3.8 Billion |
| Market Size in 2031 | $5.9 Billion |
| CAGR | 4.2% |
| No. of Pages in Report | 220 |
| Segments Covered | Operating Type, Application, End-User, and Region. |
| Drivers | Rapid urbanization |
| Developments in the construction industry | |
| Opportunities | The fact that rise in living standard of people has led to increasing demand for remodeling construction projects |
Covid-19 scenario-
- Halted production activities across the world impacted the global fiberglass window market negatively.
- However, as the fiberglass windows companies reopened to their full-scale capacities, the market also started recouping at a swift pace.
The global fiberglass window market is analyzed across Operating Type, Application, End-User, and Region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.
Based on operating type, the casement segment held nearly two-fifths of the total market revenue in 2021, and is expected to dominate by 2031. The same segment would also manifest the fastest CAGR of 5.1% throughout the forecast period.
Based on application, the new construction segment garnered nearly three-fifths of the total market revenue in 2021, and is expected to dominate by 2031. The renovation and reconstruction segment, on the other hand, would project the fastest CAGR of 5.0% throughout the forecast period.
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Based on end-user, the residential segment held more than two-thirds of the total market revenue in 2021, and is expected to dominate by 2031. The non-residential segment would also cite the fastest CAGR of 4.9% throughout the forecast period.
Based on region, the global fiberglass window market across Asia-Pacific generated more than half of the total market revenue in 2021, and is anticipated to retain the lion’s share by 2031. The same region would also manifest the fastest CAGR of 4.7% during the forecast period. The other provinces analyzed through the report include North America, Europe, and LAMEA.
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The key market players analyzed in the global fiberglass window market report include Alpen, Andersen Corporation, Builders FirstSource, EnerLux, Fibertec, Harvey Windows and Doors, Inline Fiberglass, JohnKnight Class, Westeck, Kohltech, Lorendo, Marvin, Milgard, Pella Corporation, Cascadia Windows & Doors, Quality Window&Door, and Agoura Sash and Door (ASD). These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance, product portfolio, operating segments, and developments by the top players.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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