Growth Opportunities in the Global Glass Fiber Market to 2023: Government Regulations are Creating a Lucrative Environment – ResearchAndMarkets.com

The “Growth
Opportunities in the Global Glass Fiber Market” report has been
added to ResearchAndMarkets.com’s offering.

The global glass fiber market is promising with opportunities in the end
use industries such as transportation, construction, pipe and tank,
electrical and electronics, wind energy, and consumer goods.

The global glass fiber market is expected to reach an estimated $9.4
billion by 2023, and it is forecast to grow at a CAGR of 3.9% from 2018
to 2023.

The major growth driver for glass fiber is the rise in demand for
products made of glass composites; these include bathtubs, pipes, tanks,
printed circuit boards, wind blades, and automotive parts.

Emerging trends, which have a direct impact on the dynamics of the glass
fiber industry, include cost optimization and performance enhancement of
glass fibers.

The study includes the glass fiber market size and forecast for the
global glass fiber market through 2023, segmented by product type,
application, and region.

The segments of construction and pipe & tank are expected to show
average growth during the forecast period from 2018 to 2023.

Within the global glass fiber market, transportation is expected to
remain the largest market by value and volume consumption.

Government regulations, such as CAFE Standards in the US and carbon
emission targets in Europe, are putting pressure on OEMs to incorporate
lightweight materials to curb the overall vehicle weight, and this is
the key driver for glass fiber in the transportation industry.

Key Topics Covered

1. Executive Summary

2. Market Background and Classifications

3. Market Trends and Forecast Analysis from 2012 to 2023

4. Market Trends and Forecast Analysis by Region

5. Competitor Analysis

6. Cost Structure Analysis

7. Growth Opportunities and Strategic Analysis

8. Company Profiles of Leading Players

For more information about this report visit https://www.researchandmarkets.com/research/2fd2wk/growth?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180711005359/en/

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