Glass Fibers Market

The growing number of applications of glass fiber in among various industries and other major driving factors is expected to favor the rise in the global glass fibers market

 

Reports and Insights has published a new report titled, “Glass Fiber Market: Opportunity Analysis and Future Assessment 2022-2030

Global Glass Fibers Market, By Product Type (Single End Roving, Multi End Roving, Woven Roving, Fabrics, Chopped Strand Mat, Continuous Filament Mat, Others), By Fiber Type (E/ECR glass fiber, S glass fiber, C glass fiber, Others), By Manufacturing Process (Hand Layup, Spray Up, Resin Infusion, Pultrusion, Injection Molding, Compression Molding, Prepreg Layups, Others), By Application (Marine, Transportation, Pipe and Tank, Aerospace, Construction, Electrical and Electronics, Consumer Goods, Wind Energy, Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.

Glass fibers are substances developed from an extremely fine fiber of glass which is a non-crystalline matter with a brief-range network framework. Glass fibers are developed from melts and formed in several different combinations by modifying the quantity of raw materials like clay for alumina, sand for silica, colemanite for boron oxide, and calcite for calcium oxide.

Glass fibers possess mechanical attributes more or less equal to other fibers, such as carbon fibers and polymers, comprising hardness, transparency, resistance to chemical attack, stability, and inertness. Owing to which, glass fibers find applications as a reinforcement of polymers in various industries all across the world including automobile, aerospace, marine, sporting and leisure goods, and construction and civil engineering. Therefore, the global glass fiber market is projected to rise substantially in the following years.

In addition to that, Tte lightweight and environment-friendly nature of glass fibers have further made them a suitable alternative in the building and construction industry, as it is used in the form of glass-fiber reinforced concrete (GRC). The glass-fiber reinforced concrete bestows buildings with a firm appearance without causing weight and environmental disturbance.

The rapidly soaring building and construction industry, in the present times, because of the increasing number of residential and non-residential buildings and improving infrastructure worldwide is further projected to offer major breakthroughs to the growth of the global glass fiber market in the forthcoming future.

Reports and Insights Study identifies some of the key participating players in the glass fibers market globally are AGY, ASAHI FIBER GLASS Co. Ltd, Braj Binani Group, Chongqing Polycomp International Corp. (CPIC), Johns Manville, China Jushi Co. Ltd, Nippon Electric Glass Co. Ltd, Owens Corning, PFG FIBER GLASS CORPORATION, Saint-Gobain Vetrotex, CTG Group, TAIWAN GLASS IND. CORP., among others.

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