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Lucintel’s latest market report analyzed that glass fiber provides attractive opportunities in the transportation, construction, pipe and tank, electrical and electronics, consumer goods, and wind energy industry. The glass fiber market is expected to reach $10.3 billion by 2025 with a CAGR of 4.1%. In this market, E/ECR glass fiber is the largest segment by fiber type, whereas transportation is largest by application type. The cost optimization and performance enhancement of glass fibers provides strategic growth path in this market.
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Based on fiber type, the glass fiber market is segmented into E/ECR glass fiber, S glass fiber, C glass fiber and others. The E/ECR glass segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period.
Browse in-depth TOC on “Glass Fiber Market”
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, Nippon Electric Glass Co. Ltd., Taishan Fiberglass Inc., Chongqing Polycomp International Corporation (CPIC), Johns Manville, Nittobo, Goa Glass Fiber Ltd, Taiwan Glass Group, and Sichuan Weibo New Material Group Co., Ltd. and others.
https://www.lucintel.com/glass-fiber-market.aspx
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] .
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.
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