DUBLIN, July 28, 2021--(BUSINESS WIRE)--The "Global Fiberglass Sunscreen Market By Application (Corporate Buildings, Hotels, Residential, Hospitals & Clinics, Educational & Government Institutions and Others), By Regional Outlook, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027" report has been added to ResearchAndMarkets.com's offering.
The Global Fiberglass Sunscreen Market size is expected to reach $2.6 billion by 2027, rising at a market growth of 5.8% CAGR during the forecast period.
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.
Fiberglass sunscreen is a material used in the home renovation or remodeling field. This material is gaining popularity among the population due to its features such as cooling and heating management. In addition, these fiberglass sunscreens are sustainable, which makes them highly popular among the population. It is recyclable and causes less harm to the environment and thus, the demand for fiberglass sunscreen is witnessing a spike in the market.
With the growing investment in home improvement projects or home remodeling, the demand for fiberglass sunscreen will witness a spur. In the last few years, increased home values have contributed to the rising popularity of fiberglass sunscreen in the market. In addition, people are increasingly investing in home interior decoration due to their spending power, which is expected to bolster the growth of the market.
There is a rise in spending of consumers on home remodeling or home innovations as people are getting more conscious about making their homes look beautiful yet comfortable. Fiberglass sunscreen helps in controlling the temperature of the home as it controls extreme heat and cold. In addition, there is a wide variety of fiberglass sunscreen available in the market, which adds a spark to a home with an elegant look.
Consumers are increasingly spending on home decor and are investing in good quality materials to add a fashion statement to their home. Home remodeling has gained more popularity in the last few years and is becoming a popular concept for homemaking. This is estimated to fuel the growth of the fiberglass sunscreen market during the forecast period.
The global COVID-19 pandemic has impacted almost every domain of society. Business & manufacturing units in several nations were closed due to the imposed lockdown as the number of COVID-19 cases was increasing. The fight against pandemic is still on and thus, it is expected to have a significant impact on various sections of society. Moreover, the partial or complete lockdown has affected the global supply chain, thus creating more challenges for manufactures to reach out to their customers. The whole production process has been adversely impacted by the pandemic.
However, consumer spending on home decoration and home remodeling has witnessed a spur during the pandemic. However, the lack of raw material and ban on construction work has negatively impacted the growth of the fiberglass sunscreen market. The shipment delays of fiberglass products from suppliers have increased its price and thus, restricting the market growth.
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Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market 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. Global Fiberglass Sunscreen Market by Application
22.214.171.124 Global Corporate Buildings Market by Region
126.96.36.199 Global Hotels Market by Region
188.8.131.52 Global Residential Market by Region
184.108.40.206 Global Hospitals & Clinics Market by Region
220.127.116.11 Global Educational & Government Institutions Market by Region
18.104.22.168 Global Others Market by Region
Chapter 4. Global Fiberglass Sunscreen Market by Region
Chapter 5. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/ugxvjm
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