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Fiberglass Market Forecasts to 2032 – Global Analysis By Glass Type (E-glass, S-glass, ECR-glass, C-glass, AR-glass, and Other Glass Types), Product Form, Resin Type, Application, End User, and By Geography

Published Jun 06, 2025
Length 200 Pages
SKU # SMR20071125

Description

According to Stratistics MRC, the Global Benzyl Chloride Market is accounted for $997.2 million in 2025 and is expected to reach $1601.3 million by 2032 growing at a CAGR of 7% during the forecast period. Benzyl chloride is an organic molecule with the chemical formula C₇H₇Cl that ranges in color from colorless to pale yellow. The main application for this aromatic alkyl halide is as an intermediary in the production of colors, plasticizers, and medications. Benzyl chloride is useful in the production of chemicals because it interacts well with nucleophiles. Because of its toxic and corrosive properties, it is dangerous and needs to be handled carefully. It also has a strong, unpleasant smell.

Market Dynamics:

Driver:

Growing demand in the pharmaceutical industry

The pharmaceutical industry is a major driver for the benzyl chloride market, as this chemical serves as a crucial intermediate in the synthesis of active pharmaceutical ingredients (APIs) and various medicinal compounds, including antibiotics and antihistamines. The expanding global pharmaceutical sector, propelled by rising healthcare needs, an aging population, and increased R&D investments, continues to boost demand for benzyl chloride. Additionally, emerging markets such as India and China are ramping up pharmaceutical production, further strengthening this growth.

Restraint:

Oversupply in certain regions

Oversupply in specific regions, particularly in Asia Pacific, has led to bearish market trends for benzyl chloride. This oversupply, combined with reduced feedstock costs and subdued demand from sectors like agrochemicals and polymers, has created price pressures and inventory build-up. Moreover, persistent oversupply can discourage new investments and strain profit margins for manufacturers, ultimately impacting the overall market stability and growth prospects in affected regions.

Opportunity:

Growing demand for high-performance chemicals

The increasing need for high-performance chemicals across industries such as pharmaceuticals, agrochemicals, and personal care presents a significant opportunity for the benzyl chloride market. Technological advancements are enabling the production of higher-purity benzyl chloride, meeting stringent quality requirements for specialized applications. Moreover, the push for eco-friendly and sustainable chemical processes is encouraging innovation, with producers adopting greener manufacturing methods and bio-based alternatives, thereby opening new avenues for market expansion.

Threat:

Public perception and safety concerns

Benzyl chloride is classified as hazardous, with exposure risks including irritation to the eyes, skin, and respiratory system, and potential long-term health effects. Heightened awareness of environmental and occupational hazards has led to stricter regulations and calls for safer alternatives. These factors can limit market growth, increase compliance costs, and influence end-users to seek substitutable chemicals, especially in regions with stringent regulatory environments.

Covid-19 Impact:

The Covid-19 pandemic negatively impacted the benzyl chloride market by disrupting global supply chains and reducing industrial activity. Manufacturing slowdowns and shutdowns in key end-use sectors such as food and beverage, healthcare, and consumer goods led to decreased demand for benzyl chloride. Furthermore, logistical challenges and restrictions on workforce mobility hampered production and distribution. However, the essential role of benzyl chloride in pharmaceutical manufacturing provided some resilience, partially offsetting declines in other segments during the pandemic period.

The benzyl alcohol segment is expected to be the largest during the forecast period

The benzyl alcohol segment is expected to account for the largest market share during the forecast period. Benzyl alcohol’s widespread applications in pharmaceuticals, personal care, and paints and coatings drive its dominance. It serves as a solvent, preservative, and intermediate and is highly valued for its low toxicity and versatility. Additionally, the increasing demand for natural-based fragrances and expanding usage in cosmetic formulations further support the segment’s leading position.

The >99% purity segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the >99% purity segment is predicted to witness the highest growth rate. This segment’s rapid expansion is attributed to the stringent quality requirements in pharmaceuticals and agrochemicals, where high-purity benzyl chloride ensures product efficacy and regulatory compliance. Additionally, advancements in purification technologies and the growing trend toward specialty chemicals are fueling demand for ultra-high-purity benzyl chloride.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, driven by its robust industrial base, rapid urbanization, and expanding manufacturing sectors, particularly in China and India. Strong demand from pharmaceuticals, agrochemicals, and paints and coatings, coupled with government initiatives supporting industrial growth, underpins Asia Pacific’s leading position. The presence of major producers and increasing investments in infrastructure further consolidate the region’s market share.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR. Rapid industrialization, growing pharmaceutical and agrochemical sectors, and rising personal care product consumption are key growth drivers. Additionally, strategic capacity expansions by leading manufacturers and favorable government policies are accelerating market development. The region’s dynamic economic environment and increasing focus on high-value chemical production position Asia Pacific as the fastest growing market for benzyl chloride.

Key players in the market

Some of the key players in Benzyl Chloride Market include LANXESS AG, Valtris Specialty Chemicals, Kemin Industries, Inc., Shanghai Xinglu Chemical Technology Co., Ltd., Nippon Light Metal Holdings Co., Ltd., Hubei Phoenix Chemical Company Limited, Benzo Chem Industries Pvt. Ltd., Charkit Chemical Company LLC, KLJ Group, Danyang Wanlong Chemical Co., Ltd., LBB Specialties, BASF SE, Akzo Nobel N.V., Eastman Chemical Company, Prakash Chemicals International Pvt. Ltd., Shimmer Chemicals Pvt. Ltd., FUJIFILM Wako Pure Chemical Corp, and Tokyo Chemical Industry Pvt. Ltd.

Key Developments:

In May 2025, LANXESS announced it would showcase its aroma chemicals, including ultrapure benzyl benzoate, at SIMPPAR 2025, emphasizing purity and sustainability. Benzyl chloride is a precursor in these products.

In May 2023, LANXESS doubled its benzyl alcohol production capacity at its U.S. site in Kalama, Washington, to support demand in the Americas. While this expansion focuses on benzyl alcohol, benzyl chloride is a key precursor, indicating upstream capacity support.

Derivatives Covered:
• Benzyl Alcohol
• Benzyl Cyanide
• Benzyl Quaternary Ammonium Compounds
• Benzyl Esters
• Benzyl Phthalate
• Other Derivatives

Purity Levels Covered:
• 98%-99%
• >99%

Applications Covered:
• Pharmaceuticals
• Agrochemicals
• Paints & Coatings
• Personal Care & Cosmetics
• Plastics & Polymers
• Cleaning Products
• Water and Wastewater Treatment
• Oil & Gas
• Textile & Dyes
• Adhesives
• Other Applications

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Table of Contents

200 Pages
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Fiberglass Market, By Glass Type
5.1 Introduction
5.2 E-glass
5.3 S-glass
5.4 ECR-glass
5.5 C-glass
5.6 AR-glass
5.7 Other Glass Types
6 Global Fiberglass Market, By Product Form
6.1 Introduction
6.2 Glass Wool
6.3 Direct Roving
6.4 Assembled Roving
6.5 Chopped Strand
6.6 Yarn
6.7 Fabrics
6.8 Mats
6.9 Milled Fibers
6.10 Other Product Forms
7 Global Fiberglass Market, By Resin Type
7.1 Introduction
7.2 Thermoset Resin
7.2.1 Polyester
7.2.2 Epoxy
7.2.3 Vinyl Ester
7.2.4 Other Thermoset Resins
7.3 Thermoplastic Resin
7.3.1 Polypropylene (PP)
7.3.2 Polyamide (PA)
7.3.3 Polycarbonate (PC)
7.3.4 Other Thermoplastic Resins
8 Global Fiberglass Market, By Application
8.1 Introduction
8.2 Composites
8.3 Insulation
8.4 Filtration
8.5 Other Applications
9 Global Fiberglass Market, By End User
9.1 Introduction
9.2 Construction & Infrastructure
9.3 Automotive & Transportation
9.4 Wind Energy
9.5 Aerospace & Defense
9.6 Electrical & Electronics
9.7 Marine
9.8 Consumer Goods
9.9 Other End Users
10 Global Fiberglass Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 China Jushi Co., Ltd.
12.2 Owens Corning
12.3 Saint-Gobain Vetrotex
12.4 Taishan Fiberglass Inc. (CTG Group)
12.5 Chongqing Polycomp International Corp. (CPIC)
12.6 Nippon Electric Glass Co., Ltd.
12.7 3B - The Fiberglass Company
12.8 Johns Manville
12.9 Asahi Fiber Glass Co., Ltd.
12.10 Binani Industries Ltd. (Braj Binani Group)
12.11 PFG Fiber Glass Corporation
12.12 Taiwan Glass Industry Corporation
12.13 Shandong Fiberglass Group Corp.
12.14 LANXESS
12.15 PPG Industries, Inc.
12.16 Knauf Insulation
12.17 Fibre Glast Developments Corp.
12.18 POLSER Şeffaf Çatı Örtüleri San. ve Tic. A.Ş.
List of Tables
Table 1 Global Fiberglass Market Outlook, By Region (2024-2032) ($MN)
Table 2 Global Fiberglass Market Outlook, By Glass Type (2024-2032) ($MN)
Table 3 Global Fiberglass Market Outlook, By E-glass (2024-2032) ($MN)
Table 4 Global Fiberglass Market Outlook, By S-glass (2024-2032) ($MN)
Table 5 Global Fiberglass Market Outlook, By ECR-glass (2024-2032) ($MN)
Table 6 Global Fiberglass Market Outlook, By C-glass (2024-2032) ($MN)
Table 7 Global Fiberglass Market Outlook, By AR-glass (2024-2032) ($MN)
Table 8 Global Fiberglass Market Outlook, By Other Glass Types (2024-2032) ($MN)
Table 9 Global Fiberglass Market Outlook, By Product Form (2024-2032) ($MN)
Table 10 Global Fiberglass Market Outlook, By Glass Wool (2024-2032) ($MN)
Table 11 Global Fiberglass Market Outlook, By Direct Roving (2024-2032) ($MN)
Table 12 Global Fiberglass Market Outlook, By Assembled Roving (2024-2032) ($MN)
Table 13 Global Fiberglass Market Outlook, By Chopped Strand (2024-2032) ($MN)
Table 14 Global Fiberglass Market Outlook, By Yarn (2024-2032) ($MN)
Table 15 Global Fiberglass Market Outlook, By Fabrics (2024-2032) ($MN)
Table 16 Global Fiberglass Market Outlook, By Mats (2024-2032) ($MN)
Table 17 Global Fiberglass Market Outlook, By Milled Fibers (2024-2032) ($MN)
Table 18 Global Fiberglass Market Outlook, By Other Product Forms (2024-2032) ($MN)
Table 19 Global Fiberglass Market Outlook, By Resin Type (2024-2032) ($MN)
Table 20 Global Fiberglass Market Outlook, By Thermoset Resin (2024-2032) ($MN)
Table 21 Global Fiberglass Market Outlook, By Polyester (2024-2032) ($MN)
Table 22 Global Fiberglass Market Outlook, By Epoxy (2024-2032) ($MN)
Table 23 Global Fiberglass Market Outlook, By Vinyl Ester (2024-2032) ($MN)
Table 24 Global Fiberglass Market Outlook, By Other Thermoset Resins (2024-2032) ($MN)
Table 25 Global Fiberglass Market Outlook, By Thermoplastic Resin (2024-2032) ($MN)
Table 26 Global Fiberglass Market Outlook, By Polypropylene (PP) (2024-2032) ($MN)
Table 27 Global Fiberglass Market Outlook, By Polyamide (PA) (2024-2032) ($MN)
Table 28 Global Fiberglass Market Outlook, By Polycarbonate (PC) (2024-2032) ($MN)
Table 29 Global Fiberglass Market Outlook, By Other Thermoplastic Resins (2024-2032) ($MN)
Table 30 Global Fiberglass Market Outlook, By Application (2024-2032) ($MN)
Table 31 Global Fiberglass Market Outlook, By Composites (2024-2032) ($MN)
Table 32 Global Fiberglass Market Outlook, By Insulation (2024-2032) ($MN)
Table 33 Global Fiberglass Market Outlook, By Filtration (2024-2032) ($MN)
Table 34 Global Fiberglass Market Outlook, By Other Applications (2024-2032) ($MN)
Table 35 Global Fiberglass Market Outlook, By End User (2024-2032) ($MN)
Table 36 Global Fiberglass Market Outlook, By Construction & Infrastructure (2024-2032) ($MN)
Table 37 Global Fiberglass Market Outlook, By Automotive & Transportation (2024-2032) ($MN)
Table 38 Global Fiberglass Market Outlook, By Wind Energy (2024-2032) ($MN)
Table 39 Global Fiberglass Market Outlook, By Aerospace & Defense (2024-2032) ($MN)
Table 40 Global Fiberglass Market Outlook, By Electrical & Electronics (2024-2032) ($MN)
Table 41 Global Fiberglass Market Outlook, By Marine (2024-2032) ($MN)
Table 42 Global Fiberglass Market Outlook, By Consumer Goods (2024-2032) ($MN)
Table 43 Global Fiberglass Market Outlook, By Other End Users (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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