DALLAS, April 29, 2019 (GLOBE NEWSWIRE) -- According to a new market report published by Lucintel, the future of the global glass fiber market is promising with opportunities in the transportation, construction, pipe and tank, electrical and electronics, consumer goods, and wind energy industry. The global glass fiber market is expected to reach an estimated $10 billion by 2024 with a CAGR of 3.9% from 2019 to 2024. The major driver for this market is rise in demand for products made of glass composites; these include bathtubs, pipes, tanks, printed circuit boards, wind blades, and automotive parts.
Browse 101 market data tables and 148 figures spread through 240 pages and in-depth TOC on “Global Glass Fiber Market" at https://www.lucintel.com/glass-fiber-market.aspx
In this market, different types of glass fiber such as E/ECR glass fiber, S glass fiber, C glass fiber and others are used as fiber type. On the basis of its comprehensive research, Lucintel forecasts that E (ECR) glass will remain the largest fiber type by value and volume over the forecast period.
Download Free PDF Brochure @ https://www.lucintel.com/glass-fiber-market.aspx#/
Asia Pacific is expected to remain the largest region by value and volume and is also expected to experience the highest growth over the forecast period because of growth in construction, transportation, and the electrical and electronics segments. Growing economy, growth in population, and urbanization are the major forces that drive the construction segment, especially in China and India.
Pre-Purchase Query @ https://www.lucintel.com/glass-fiber-market.aspx#/
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 are among the major glass fiber manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed and forecasted for the global glass fiber market by application type, fiber type, product type, manufacturing process, region, and country and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Glass Fiber Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions.
For a detailed table of contents, contact Lucintel at +1-972-636-5056 or mail at helpdesk@lucintel.com