Lucintel forecasts that E (ECR) glass will remain the largest fiber type by value and volume over the forecast period. #GlassFiberMarket, #GlassMarket, #FiberMarket, #GlassFiber

1. Global Glass Fiber Market Report
2019-2024: Trends, Forecast and Competitive
Analysis
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2. Industry Profiles Snapshot
Major Parameter Description
Market Segments by Application
Marine, transportation, pipe and tank, aerospace, construction, electrical and
electronics, consumer goods, wind energy, and others
Market Segments by Fiber Type E/ECR glass fiber, S glass fiber, C glass fiber and others
Market Segments by Product
Type
Single end roving, multi end roving, woven roving, fabrics, CSM, CFM,
DUCS, and CS
Market Segments by
Manufacturing Process
Hand layup, spray up, resin infusion, pultrusion, injection molding,
compression molding
Market Segments by Region North America, Europe, Asia Pacific and Rest of the World.
Top Companies Name
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
Trend Growth Rate and CAGR 3.9%
Key Industry Forecast
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.
Key Industry Driver
Driver: Rise in demand for products made of glass composites; these include
bathtubs, pipes, tanks, printed circuit boards, wind blades, and automotive
parts
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3. Industry Overview
Market Size
• 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.
• Emerging trends, which have a direct impact
on the dynamics of the glass fiber industry,
include cost optimization and performance
enhancement of glass fibers.
Market Size (2024) $10 billion
CAGR (2019-24) 3.9%
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Industry Performance : Forecast