Lucintel Blog: Lucintel Forecasts Chinese Glass Fiber Market to Reach $4.1 Billion by 2027

Monday, September 5, 2022

Lucintel Forecasts Chinese Glass Fiber Market to Reach $4.1 Billion by 2027

According to the recent study the Chinese glass fiber market is projected to reach an estimated $4.1 billion by 2027 from $3.0 billion in 2021, at a CAGR of 7.0% from 2021 to 2027. Growth in this market is primarily driven by growth is high demand of glass fiber in electrical and electronics segment specially for printed circuit boards where glass fiber are used in manufacturing of parts and support in rising trend of miniaturization and compact with portable devices.

Browse 112 figures / charts and 104 tables in this 199 -page report to understand trends, opportunities and forecast in Chinese glass fiber market by end use (transportation, marine, wind energy, aerospace, pipes and tanks, construction, electrical and electronics, consumer goods, and others), manufacturing process (hand layup, spray-up, resin infusion, pultrusion, injection molding, compression molding, filament winding, prepreg layup, and others), fiber type (E/ECR-glass fiber, S-glass fiber, and other glass fibers), and product type (single-end roving, multi-end roving, chopped strand mat, fabrics, continuous filament mat, chopped strand, and other product types).

Download sample report by clicking on below link

https://www.lucintel.com/china-glass-fiber-market.aspx

“Electrical and electronics market is expected to remain the largest segment during the forecast period.”

Based on end use, the Chinese glass fiber market is segmented into transportation, marine, wind energy, aerospace, pipes and tanks, construction, electrical and electronics, consumer goods, and others. Lucintel forecasts that the electrical and electronics market is expected to remain the largest segment due to the rising adoption of smartphones, IOT device, and growing demand for electronics in the automotive, aerospace, and electrical and electronics drives the demand of overall electrical and electronic market. Aerospace segment is expected to witness highest growth over the forecast period.

“Within the Chinese glass fiber market, the E/ECR-glass fiber segment is expected to remain the largest fiber type.”

Based on fiber type the E/ECR-glass fiber segment is expected to witness the highest growth over the forecast period due to its increasing use in various industries for its properties like strength, electrical resistance, and higher acid corrosion resistance made with calcium aluminosilicates.

Download Brochure of this report by clicking on https://www.lucintel.com/china-glass-fiber-market.aspx.

Major players of Chinese glass fiber market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. China Jushi Co., Ltd., Chongqing Polycomp International Corporation, Owens Corning, Taishan Fiberglass Inc., Sichuan Weibo. Co., Ltd., Shandong Fiberglass Group Corporation, Hebei Yuniu Fiberglass, and Jiangsu Changhai Composite Materials Co., Ltd are among the major Chinese glass fiber providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/china-glass-fiber-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751