5 Reasons Why Your Business Needs Fiberglass Chopped Strands？

“The Chopped Strand Market value was US$ 1.6 billion in and is likely to grow at an impressive CAGR of 3.9% in the long run to reach US$ 2.1 billion by .”

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Market Dynamics

Introduction

Chopped strands are made by bundling thousands of E-glass fibers and chopping them into specified lengths. They are coated by the original surface treatment designed for each resin to increase the strength and enhance the material's physical properties. Chopped strands are characterized by their high tensile strength, durability, and versatility and have become a crucial component in producing reinforced polymers and composites. Chopped strands are particularly suitable for producing BMC premix for friction applications and phenolic thermosets by compression or injection molding. They are ideal for mass production of friction facings, electrical & electronic equipment components, etc.

The chopped strands market is highly dependent on the glass fiber market, which faced several challenges in the COVID era. The glass fiber business suffered supply chain disruptions, delays, or non-arrival of raw materials, ultimately causing a transient hiccup in demand.

Recent Market Developments

• In July , an unknown buyer acquired European dry-use chopped strand (chopped strand) manufacturing assets from Owens Corning on July 1, . This transaction resulted in a divestiture of approximately US$ 100 million in annual sales.
• In January , Johns Manville (JM), a Berkshire Hathaway company and a market-leading manufacturer of continuous filament glass fibers, announced the successful launch of a thermal recycling unit for waste glass fibers in its engineered products plant in Trnava, Slovakia.
• In August , China Jushi Co. Ltd launched E9 ultra-high modulus glass fiber to support the development of large-scale and lightweight wind turbine blades. E9 Glass Fiber provides a high-performance technology platform that can provide customers with new solutions.
• In July , Nippon Electric Glass and Nitto Denko Corporation jointly developed a new material by combining Nippon Electric Glass's ultrathin glass and Nitto Denko Corporation's high-performance polymer films. They successfully developed ultra-thin glasses with polarizing film with a roll-to-roll process that has good productivity.

Market Players’ Focal Points

• Market players are increasingly focusing on sustainable production methods to comply with stringent environmental regulations and to cater to the growing consumer awareness of environmental sustainability. Several environmental concerns influence the glass fiber chopped strand market. The manufacturing process and the consequent waste disposal are under scrutiny, leading to a push for eco-friendly and recyclable materials.
• Technological advancements and research & development efforts are vital for companies to maintain their market position and cater to the evolving needs of their customers. Innovation in product properties, such as enhanced strength or heat resistance, and the development of new application areas are expected to keep the market moving in the coming years.

Segments Analysis

By End-Use Industry Type

“Transportation is expected to remain dominant, whereas construction is likely to remain the fastest-growing end-use market during the forecast period.”

• Glass fiber chopped strands are widely favored due to their attributes, such as lightweight, corrosion resistance, and superior mechanical properties compared to traditional materials. The automotive industry, striving for lightweight and fuel-efficient vehicles, is one of the significant growth drivers propelling the market forward.
• The automotive industry had three years of serious disruption, with the COVID crisis from -, the semiconductor crisis from -22, and the Ukraine war contributing to rising energy costs and high inflation. All these factors combined profoundly shook up the automotive supply chain.
• However, there seems to be light appearing at the end of the tunnel. The global light vehicle volumes have only just recovered to pre-pandemic levels, from 89 million units in to 90 million units in . And recovery, though slow is discernible.
• Similarly, the upsurge in the construction sector, with its ongoing quest for durable and robust materials, plays a pivotal role in the consumption of glass fiber chopped strands.

By Resin Type

“Polyamide is expected to remain the preferred resin for chopped strands during the forecast period.”

• The majority of chopped strands are going in the form of short-fiber thermoplastics where a wide array of thermoplastics are used such as PP, PA, PBT, PPS, and PC. PA remains one of the most widely used resin systems in SFT, the sole reason for its dominance in the chopped strand business.
• Polyester and phenolic are the major resin systems for chopped strands going into BMC applications.

Regional Analysis

“Asia-Pacific is likely to remain at the forefront, offering a pool of opportunities in the coming years, mainly fueled by China and India.”

• Different regions exhibit diverse market dynamics due to varying industrial development, technological advancements, and economic factors.
• Asia-Pacific, for instance, has emerged as a dominant region due to the booming construction industry and the presence of major automotive manufacturers.
• For the 14th consecutive year (), China dominated global motor vehicle production by manufacturing over 30.16 million vehicles. In terms of the construction industry, China accounts for almost 30% of global construction activity.
• India surged ahead to become the fourth-largest auto market for light vehicles.

Key Players

The market is moderately concentrated with the presence of over 50 players. Most of the major players compete in some of the governing factors including price, service offerings, regional presence, etc. The following are the key players in the Chopped Strand Market:

Here is the list of the Top Players (Based on Dominance)

• China Jushi CO. Ltd.
• Owens Corning
• Taishan Fibreglass Inc.
• Nippon Electric Glass Co. Ltd.
• Chongqing Polycomp International Corp (CPIC)
• 3B-Fibreglass
• Johns Manville
• Taiwan Glass Group
• Saint Gobain S.A.

 Note: The above list does not necessarily include all the top players in the market.

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Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s chopped strand market realities and future market possibilities for the forecast period. 
• The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to 

In fiberglass, CSM stands for Chopped Strand Mat. It is a type of fiberglass reinforcement material made from E-glass (Electrical glass, a common type of fiberglass) cut fibers laid in a random pattern and bonded with a powder or emulsion binder.

CSM fiberglass is a kind of high-performance composite material, which is widely used in many fields such as construction, automobile, aviation, wind energy and shipping. CSM fiberglass has become one of the indispensable materials in modern industry because of its excellent mechanical properties, corrosion resistance and light weight.

Key Features of CSM Fiberglass

Lightweight: CSM fiberglass is lighter than traditional materials, which can effectively reduce product weight and improve use efficiency.

Excellent mechanical properties: CSM fiberglass has high tensile strength and rigidity, can withstand greater load, suitable for a variety of structural applications.

Corrosion Resistance: the material has a good resistance to a variety of chemicals, suitable for use in harsh environments.

Good processability: CSM fiberglass is easy to process, suitable for a variety of molding processes, such as PULTRUSION, molding and injection molding.

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Thermal stability: the material retains good physical and chemical property properties at high temperatures and is suitable for high temperature environments.

As a leading domestic chopped strand mat manufacturer, Tianma is able to provide high-quality products and services to its customers by virtue of its advantages in many aspects:

1. Cost Advantage

Tianma's relatively low production costs, including raw materials, labor and manufacturing costs, make its CSM fiberglass products highly price competitive in the international market. This advantage enables customers to obtain a higher cost-effective procurement, effectively reducing production costs.

2. Productive capacity

Tianma has a complete manufacturing chain and large-scale production capacity to meet the needs of large orders to ensure timely delivery. No matter the size of the customer's order, Tianma can provide a stable supply of security, to avoid the impact of out-of-stock customers production plan.

3. technological progress

Tianma fiberglass in the field of continuous technological innovation, the use of advanced production technology, can produce high-performance, high-quality CSM products to meet the needs of different customers. By continuously optimizing the production process, Tianma ensures that its products are industry-leading in terms of performance and quality.

4. Product diversity

Tianma offers a wide range of CSM fiberglass products to meet the needs of different applications. Whether it is construction, automobile or aviation, customers can choose the appropriate products according to their own needs, and enhance the applicability of products.

5. Quality standards

Tianma production process strictly adhere to international quality standards (such as ISO, ASTM, etc.) to ensure reliable product quality. This high standard of production processes to enhance the foreign buyers of Tianma's trust, so that it has won a good reputation in the international market.

6. Flexible customization

Tianma can provide flexible customized services, according to the specific needs of foreign buyers to produce the corresponding products. No matter is the product specification, the color or the packing way, Tianma can carry on the adjustment according to the customer's request, satisfies the personalized demand.

7. Good after-sales service

Tianma attaches great importance to customer experience and provides perfect after-sales support. Ensure that customers can get timely technical support and after-sales protection after using the product, help customers solve various problems encountered in the process of using and improve Customer satisfaction.

Conclusion

In summary, CSM fiberglass is a versatile reinforcement material with excellent handling and molding performance, making it suitable for a wide range of applications in the composites industry. Tianma as a professional CSM fiberglass supplier, with its cost advantage, strong production capacity, advanced technology, a wide range of products and good after-sales service, able to provide customers with high-quality products and satisfactory service.

FAQ

1.What is CSM fiberglass?
CSM (Chopped Strand Mat) fiberglass is a type of non-woven mat made of randomly chopped glass fibers used as reinforcement in composite materials, especially in FRP.

2.What does CSM mean in FRP?
CSM in FRP stands for Chopped Strand Mat, which is a reinforcement material used in the production of fiberglass-reinforced plastics, offering good strength and flexibility.

3.What is CSM composite?
CSM composite refers to a composite material made by combining chopped strand mat fiberglass with resin, typically used in FRP products for automotive, marine, and construction industries.

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