Asia Shows Growth Prospects for Glass Fiber Industry: Global Glass Fiber Market to Reach $ 8.5 Billion by 2015
 

Dallas, March 08, 2010 - Though the global glass fiber market declined in 2009, the high growth in developing countries such as China and India are forecast to pave the way for the recovery of the glass fiber industry. According to Lucintel, the global glass fiber market is forecast to reach $8.5 billion by 2015.
 

Lucintel, a leading global management consulting and market research firm, has analyzed the Global Glass Fiber Industry and has now published a comprehensive research report entitled "Global Glass Fiber Market 2010-2015: Trends Forecasts and Opportunity Analysis". 
 

Lucintel study finds that the glass fiber market is witnessing regional shift in demand and this new dimension is likely to provide growth opportunities to the regional players. Asia is emerging as the top region in glass fiber demand. Market for glass fiber significantly dropped in 2009 in North America and Europe mainly due to drop in marine, construction and transportation markets. Wind energy applications saw higher than average growth in most regions.
 

Lucintel’s research report contains overview of global glass fiber industry, glass fiber market analysis, glass fiber market trend & forecast (2010-2015), growth areas and new materials development in the glass fiber industry and more. This insightful report can help you make confident business decisions in this globally competitive marketplace.
 

For a detailed table of contents and pricing information on this timely and insightful report, please contact helpdesk at +1-972-620-8888 or via email at helpdesk@lucintel.com. Lucintel provides cutting edge decision support services that help you make critical decisions with greater speed, insight and cost-efficiency. To find out more, visit www.lucintel.com.