According to the recent study the global glass fiber market is projected to reach an estimated $14 billion by 2031 from $11 billion in 2024 at a CAGR of 4% from 2024 to 2031. Growth in this market is primarily driven by rise in demand for products made of glass composites; these include bathtubs, pipes, tanks, printed circuit boards, wind blades, and automotive parts.
Browse 104 figures/charts
and 78 tables in this 219-page report to understand trends, opportunities and
forecast in global glass fiber market by end use (marine, transportation, pipe
and tank, aerospace, construction, etc), manufacturing process (hand lay-up,
spray up, filament winding, pultrusion, etc), product type (single end roving,
multi end roving, DUCS, continuous filament mat, and yarn), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that
construction will remain the largest end use by value and volume due to growing
infrastructure development and rising demand for energy-efficient buildings.
Aerospace is expected to witness highest growth over the forecast period.
Single end roving will
remain the largest product type by volume over the forecast period.
Download sample by clicking on glass fiber market.
Asia Pacific is expected
to remain the largest region by value and volume over the forecast period
because of growth in construction, pipe and tanks, and the electrical and
electronics segments. Growing economy, growth in population, and urbanization
are the major forces that drive the construction segment, especially in China
and India and it is also expected to witness the highest growth over the
forecast period.
Praana Group (Owens
Corning), Jushi Group Co., Ltd., Chongqing Polycomp International Corporation,
Taishan Fiberglass Inc., Taiwan Glass Group, Nippon Electric Glass Co. Ltd.,
Sichuan Weibo. Co. Ltd, Johns Manville Corporation, Nitto Boseki Co. Ltd are the major suppliers in the 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
Explore Our Latest Publications
Energy Storage for Drone Market
First Person View Drone Market
Hand-Thrown Fixed-Wing Drone Market
No comments:
Post a Comment