New Research: Lucintel Predicts a Bright Future for the Glass Fiber Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities in the Global Glass Fiber Industry”?

This market report for glass fiber identifies and predicts future opportunities for growth in global glass fiber industry for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for glass fiber in the transportation, construction, pipe and tank, electrical and electronics, consumer goods, and wind energy industry.

According to Lucintel’s market report, 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. Some of the dominant players in the global glass fiber market are 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.

There are some interesting developments in global glass fiber market as competition heats up and players try to increase their market share. Some of the emerging trends shaping the market dynamics include cost optimization and performance enhancement of glass fibers.

Read more about this report at:

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