Fiberglass Sunscreen Market Size Worth $2.88 Billion By 2028 | CAGR

5.3%: Grand View Research, Inc. - Seite 2

Fiberglass sunscreens are sold through a plethora of retail channels, both offline and online, a few of which are Lowe's, Amazon, Home Depot, and eBay. A vast majority of the end-users are building and construction contractors, who procure fiberglass sunscreen in bulk quantities, therefore, direct sales by manufacturers at wholesale prices are also a common occurrence in the marketplace. Retail distribution is primarily targeted toward households and architectural firms that are looking for limited quantity purchases in order to suffice building renovation or repair works.

With the increasing emphasis on inventory management as a means of reducing warehousing and supply costs, major traditional retailers such as Lowe's and Home Depot have gradually shifted to online retail of fiberglass sunscreen. However, offline retail through hardware stores, multi-retail chains, and independent construction material suppliers is still dominant as these entities engage in the bulk supply of materials to B&C contractors.

The growing trend of ethical consumerism is creating demand for sustainable products. Consumers and the construction industry are opting for insulation materials, such as fiberglass sunscreens, for residential and commercial buildings. Companies in the market are focusing on this trend to gain market share. Fiberglass sunscreens are recyclable and have a low impact on the environment. They are widely used in green buildings as they significantly reduce the carbon footprint of the building. They also help in the reduction of air conditioning and heating costs; hence, they are economical for consumers. This factor, in turn, is boosting the growth of the market.

Grand View Research has segmented the global fiberglass sunscreen market on the basis of application and region:

• Fiberglass Sunscreen Application Outlook (Revenue, USD Million, 2016 - 2028)
• Residential
• Hotels
• Hospitals & Clinics
• Corporate Buildings
• Educational & Government Institutions
• Others (Transport Terminals –Airports, Open Bus & Train Stations, Shopping Complexes)
• Fiberglass Sunscreen Regional Outlook (Revenue, USD Million, 2016 - 2028)
• North America
• U.S.
• Europe
• Germany
• U.K.
• Asia Pacific
• Japan
• India
• Central & South America
• Brazil
• Middle East & Africa
• Saudi Arabia

List of Key Players of Fiberglass Sunscreen Market