MARKET INTRODUCTIONFiberglass fabric is a strong, low weight material that is predominantly used as a reinforcement material across the composite materials industry. It can be folded, draped, or rolled like any loosely woven fabric.
The fiberglass fabric market is expected to grow significantly during the forecast period (to 2023). A fiberglass fabric is a type of fiber plastics that is strengthening using glass fiber.
Chopped strand segment is estimated to grow with the highest CAGR in the fiberglass marketBy product type, chopped strand segment is projected to record the highest growth in terms of both value and volume during 2020-2025. Chopped strands are fiberglass strands that are used to provide reinforcemen
The growing demand for the product in the construction and automotive industry is expected to lead the fiberglass market growth majorly. The market further drives demand for use in insulator application that will increase the demand of E- glass. Increasing the renewable source of energy is the oppor
Glass fiber is used as Eco-friendly construction Material in the form of Glass-Fiber Reinforced Concrete (GRC). The GRC impart buildings with a solid appearance without causing weight and environmental distresses.Glass-Fiber Reinforced Concrete weighs 80% less than precast concrete. Moreover, the ma
