Lucintel's latest market report analyzed that glass fiber provides attractive opportunities in end use industries, marine, transportation, pipe and tanks, aerospace, electrical and electronics, electrical and electronics, consumer goods, and wind energy. The glass fiber market is expected to reach $21.1 billion by 2028 with a CAGR of 5.8%. In this market, electrical and electronics is the largest segment by end use, whereas chopped strand is largest by product type. The innovative trends focused on ultra-high modulus glass fiber and glass fiber based composites parts using 3D technology provides strategic growth path in this market.
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Based on end use, the glass fiber market is segmented into marine, transportation, pipe and tank, aerospace, electrical and electronics, electrical and electronics, consumer goods, wind energy, and others. The electrical and electronics segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period, due to the growing market of communication devices are driving the demand for high performance PCBs which significantly drives the glass fiber market.
Browse in-depth TOC on “Glass Fiber Market”
78 – Tables
104 – Figures
219 – Pages
The Glass Fiber Market is marked by the presence of several big and small players. Some of the prominent players offering glass fiber include Owens Corning, Jushi Group Co., Ltd., Chongqing Polycomp International Corporation, Taishan Fiberglass Inc., Taiwan Glass Group, Nippon Electric Glass Co. Ltd., Sichuan Weiibo. Co. Ltd, 3B the Fiber Glass Company (Goa Glass Fiber), Johns Manville Corporation, and Nitto Boseki Co. Ltd.
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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 [email protected].
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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