Lucintel has announced the launch of a market research report entitled “Growth Opportunities in the Global Glass Fiber Industry.”
This market report for glass fiber identifies and predicts future opportunities for growth in the global glass fiber industry for various segments and for the various regions of North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for glass fiber in transportation, construction, pipe and tank, electrical and electronics, wind energy, and consumer goods.
According to our market report, the global glass fiber market is expected to reach an estimated $9.4 billion by 2023 at a CAGR of 3.9% from 2018 to 2023. Some of the dominant players in the global glass fiber market are 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.
In the glass fiber market, transportation, construction, pipe and tank, electrical and electronics, wind energy, and consumer goods are some of the major segments. On the basis of its comprehensive research, Lucintel forecasts that pipe and tank and construction are expected to show above-average growth during the forecast period from 2018 to 2023.
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