According to a market report by Lucintel, the future of the global glass fiber textile market looks promising with opportunities in the transportation, marine, wind energy, aerospace & defense, pipe and tank, construction, electrical and electronics, and consumer goods applications. The global glass fiber textile market is expected to reach an estimated $12 billion by 2035 with a CAGR of 5% from 2025 to 2035. The major drivers for this market are the increasing demand for durable, lightweight, non-corrosive components, continuous demand in Chinese and Indian markets.
A more
than 150-page report to understand trends, opportunity and forecast in glass
fiber textile market to 2035 by application (transportation, marine, wind
energy, aerospace & defense, pipe and tank, construction, electrical and
electronics, consumer goods, and others), product form (woven roving,
non-crimp, woven yarn, CFM/CSM), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
Lucintel
forecasts that wind energy application will remain the largest application.
Aerospace & defense is expected to witness the highest growth over the
forecast period.
Woven yarn
will remain the largest segment by value over the forecasted period due to
growth in electrical and electronic industry. Non-Crimp is expected to witness
highest growth over the forecast period.
Download
sample by clicking on glass fiber
textile market.
APAC is
expected to remain the largest region by value and volume due to growth in
applications, such as electrical & electronics and wind energy and also it
is expected to witness the highest growth over the forecast period.
SAERTEX
Group, Owens Corning (Praana Group), Jushi Group Co. Ltd, Xinyang Technology
Group, Tianhe Resin Company Ltd are the major suppliers in the glass fiber textile 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
No comments:
Post a Comment