The global glass fibers market is projected to clock CAGR of 7.8% between 2019 and 2027. The versatility of glass fiber has spurred the demand in various end-use industries. The market stood at US$ 11.35 bn in 2018, and researchers estimate the market to reach US$ 22.32 bn by 2027-end.Building and c
Factors such as extensive use of fiberglass in the construction & infrastructure industry and the increased use of fiberglass composites in the automotive industry are driving the growth of fiberglass market.
Market OverviewThe market for fiberglass fabric is expected to register a CAGR of approximately 6% globally during the forecast period.Increasing applications for high-temperature-resistant textiles and growing demand from the electronics and construction sectors for various applications are driving
Global Fiberglass Mat Market: IntroductionFiberglass mat is made from glass continuous filaments of random orientation bonded together with a thermoset binder. These mats are available in a wide product range to optimize performance in varying closed mold applications.
The fiberglass market is growing due to the extensive use of fiberglass in the construction industry, use of fiberglass composites by the automotive industry for enhanced performance, and an increasing number of wind turbine installations.Chopped strand is projected to be the fastest-growing type se
The global Glass Fiber Market is expected to grow at a compound annual growth rate (CAGR) of 4%.