The global fiberglass market size was USD 11.25 Billion in 2019 and is estimated to reach USD 15.79 Billion by 2027, at a CAGR of 4.6% during the forecast period.

It is expected that the global glass fiber market will grow at a steady rate during the forecast period. The growing demand for clean forms of energy has driven the global glass fiber market.

Aerospace structural partsThe global fiberglass market for aerospace structural parts is expected to grow at a CAGR of more than 5%.

The global fiberglass fabric market is projected to reach USD 13.48 billion by 2022. The key factor expected to drive the growth of the fiberglass fabric market is the increasing demand for corrosion and heat resistant, lightweight, high strength materials from the wind energy, transportation, marin

Global E-glass fiber yarn market demand from electrical & electronics application may exhibit gains at over 5% up to 2025.

The composites application segment is likely to be the fastest-growing over the forecast period. This can be attributed to the growing use of composites in a wide array of end-use industries.