Chemical Market Trends

The Fiberglass Market is estimated to grow from USD 11.5 billion in 2020 to USD 14.3 billion by 2025, at a CAGR of 4.5% from 2020 to 2025. Factors such as extensive use of fiberglass in the construction & infrastructure industry and the increased use of fiberglass composites in the automotive industry are driving the growth of fiberglass market. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=6124844 The E-glass, in the glass type segment of global fiberglass market, is expected to witness a promising growth potential during 2020-2025. Factors such as, cost-efficiency, corrosion-resistance, and lightweight, as well as wide-ranging applications of E-glass, makes it preferable wind energy, marine, and electrical & electronics industries. The thermoset resins in fiberglass resin type segment is projected to dominate the global fiberglass market, during 2020-2025. Properties such as excellent resistance to solvents, abrasives, high temperature, and

The report " Fiberglass Market by Type (Glass Wool, Direct & Assembled Roving, Chopped Strand, Yarn), Application (Composites, Construction & Infrastructure, Automotive, Glass Wool Insulation Residential, Industrial), and Region–Global Forecast to 2028 " The fiberglass market was valued at USD 13.95 billion in 2017 and is projected to reach USD 26.76 billion by 2028, at a CAGR of 6.1% between 2017 and 2028. The growth of the fiberglass market is primarily triggered by the extensive use of fiberglass in the construction industry, use of fiberglass composites by the automotive industry for increased performance, and increasing number of wind turbine installations. Browse 244 market data Tables and 49 Figures spread through 141 Pages and in-depth TOC on "Fiberglass Market  – Global Forecast to 2028" Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=6124844 Chopped Strand is projected to be the fastest-growing type seg