MarketsandMarkets has recognized Owens Corning as a Market Leader in the "Composites 360 quadrant". The company is a global leader in the production of composites and glass fiber reinforcements. It consistently invests in research and development, leading to the creation of innovative composite materials and technologies. This has allowed Owens Corning to stay ahead of competitors and open new opportunities for composite applications. The company's global presence, with manufacturing facilities and distribution networks in key regions, enables it to serve clients worldwide, respond to local market needs, and provide immediate support. The company's strategic growth strategy in the composites market demonstrates its commitment to innovation, customer satisfaction, and industry leadership. Through product development, alliances, and mergers, Owens Corning is expanding its reach and enhancing its ability to deliver high-quality composite solutions. As the composites market continues to evolve, Owens Corning is well-positioned to meet the changing needs of its clients and maintain its industry leadership.
The Composites Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Composites. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. MarketsandMarkets 360 Quadrants evaluated over 150 Composites companies of which the top 20 composites companies were categorized and recognized as the quadrant leaders. The 360 Quadrant effectively maps the companies based on factors such as revenue, geographic presence, growth strategies, investments, channels of demand, and sales strategies that were considered for the market presence of the composite’s quadrant.
According to MarketsandMarkets 360 quadrants for Composites Companies Owens Corning was identified as a market leader in the “Top 20 Composites Companies, Worldwide 2023”. Ownes Corning is one of the biggest producers of fiberglass composites in the world. Owens Corning composite products provide productivity and performance advantages such as increased durability, design flexibility, lightweight (lower fuel consumption and emissions), corrosion resistance, and more. Owens Corning offers a wide range of fiberglass and composite solutions, including reinforcements, resins, and composite materials, serving industries such as wind energy, construction, automotive, and aerospace.
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360Quadrants Scoring Methodology
360 Quadrants employs a comprehensive and transparent scoring methodology to evaluate companies. It identifies relevant evaluation criteria, collects, and validates data from multiple sources, and employs an algorithm that considers parameter weights to generate scores. Normalization ensures fair comparisons, and the aggregated scores categorize solutions into quadrants such as Market Leaders, Contenders, Innovators, and Emerging Companies. This unbiased approach equips users with accurate information, empowering them to make well-informed decisions and select solutions that best suit their needs and objectives.
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360 Quadrants will also be launching 100 quadrants in Chemicals and Materials, Packaging, Energy & Power, and Healthcare.
Visit https://www.360quadrants.com to access our interactive quadrants.
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