The global glass fiber market and specialty synthetic fibers market is projected to register a market size of about $14,240.53 Million by 2020, signifying CAGR of around 6.46% between 2015 and 2020.

The specialty synthetic fibers market which includes aramids, UHMW polyethylene, POA, and other synthetic fibers have witnessed a significant growth in the recent years, and this growth is projected to register a higher CAGR in the coming years. UHMW polyethylene is also known as a high strength polyethylene which possesses greater strength with higher strength to weight ratio, which is fifteen times stronger than steel and 40% stronger than aramids. The glass fiber and specialty synthetic fibers have wide application in friction materials, safety applications, optical fibers, ballistic protection, commercial marine, medical, automotive, aerospace & defense, and other applications.

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Currently, North America followed by Europe is the biggest glass fibers market and specialty synthetic fibers market, accounting for more than half of the total market size in terms of value in 2014. Among all the countries, the U.S. dominates the specialty synthetic fibers market, which accounted for the maximum market share in 2014 closely followed by Canada. The market for glass fibers and specialty synthetic fibers is comparatively smaller in Asia-Pacific than the other two developed regions but is projected to register a high CAGR between 2015 and 2020. The market for glass fibers and specialty synthetic fibers is projected to register fast growth in China followed by Japan, India, and Taiwan.

The report includes analysis of the market based on the global glass fiber market and specialty synthetic fibers market types, penetration of specialty synthetic fiber in important regions and applications. It also covers the behavior of leading producers, key developments, and strategies implemented to sustain and succeed in the market.

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By Type:

Glass fibers
Carbon fibers
Aramid market
UHMW Polyethylene market
Partially oxidized polyacrylonitrile (POA) market
Other specialty synthetic fibers
Para aramid
Meta aramid
Industry Trends:

6.1. Introduction
6.2. Value Chain Analysis
6.3. Porter’s Five Forces Analysis
6.3.1. Threat of New Entrants
6.3.2. Bargaining Power of Suppliers
6.3.3. Threat of Substitutes
6.3.4. Bargaining Power of Buyers
6.3.5. Degree of Competition

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