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Fiberglass Market - Global Forecast 2027

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  The report   " Fiberglass Market  by Glass Type (E-Glass, ECR-Glass, H-Glass, AR-Glass, S-Glass), Product Type (Glass Wool, Direct and Assembled Roving, Yarn, Chopped Strand), Application (Composites, Insulation) and Region - Global Forecast 2027" , size is expected to grow from USD 27.5 billion in 2022 to USD 38.8 billion by 2027, at a CAGR of 7.1% during the forecast period.  Fiberglass is being used in the construction & infrastructure, aerospace, wind energy, automotive, electronics,  and other end-use industries. The increasing wind energy projects and demand of lightweight material from automotive industry support the demand for fiberglass in the wind energy and automotive end-use industry.  Fiberglass composites have a higher strength-to-weight ratio, which is an important factor for automotive industry. Vehicles with reduced weight and higher strength have better economy and less carbon emission, which helps to reduce the fuel cost. In the US, automakers have sh

Fiberglass Market - Asia Pacific is projected to be the fastest growing market by 2025

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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

Latest Update on: Fiberglass Market is projected to reach $26.76 billion by 2028, at a CAGR of 6.1%

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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