According to a market report by Lucintel, the future of the global high performance glass fiber market looks promising with opportunities in the aerospace & defense, wind energy, automotive, pressure vessels, civil engineering, marine, electrical and electronics, and sporting goods end uses. The global high performance glass fiber market is expected to reach an estimated $242 million by 2030 from $183 million in 2023 at a CAGR of 4% from 2023 to 2030. The major drivers for this market are increasing demand for high stiffness, lightweight, low styrene emission and environment regulations which are driven in high performance applications.
A more
than 150-page report to understand trends, opportunity and forecast in global
high performance glass fiber market to 2031 by end use (aerospace &
defense, pressure vessel, electrical and electronics, sporting goods, civil
engineering, automotive, wind energy, and marine, and others), product type
(S-glass, R-glass, T-glass and others), product form (roving, chopped and
yarn), and region (North America, Europe, Asia Pacific, and the Rest of the
World).
Lucintel
forecasts wind energy will remain the largest end use segment over the forecast
period.
S-glass
will remain the largest segment over the forecast due to increasing penetration
of S-glass in aerospace and defense applications for strength, fiber toughness,
tensile and compressive modulus and impact resistance.
Download
sample by clicking on high
performance glass fiber market.
APAC is
expected to remain the largest region by value and volume over the forecast
period.
Company
are the major suppliers in the high
performance glass fiber market.
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 write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
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.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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