Lucintel's latest market report analyzed that high performance glass fiber provides attractive opportunities in aerospace & defense, pressure vessel, electrical and electronics, sporting goods, civil engineering, automotive, wind energy, and marine industry. The high performance glass fiber market is expected to reach $260.2 million by 2027 with a CAGR of 6.5%. In this market, aerospace and defense is the largest segment by end use, whereas S-glass is largest by product type. Development low dielectric glass fiber for new applications provides strategic growth path in this market.
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Based on end use, the high performance glass fiber market is segmented into aerospace & defense, pressure vessel, electrical and electronics, sporting goods, civil engineering, automotive, wind energy, and marine, and others. The aerospace and defense segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing demand for lighter aircraft to increase fuel economy by lowering operating cost.
Browse in-depth TOC on “High Performance Glass Fiber Market”
101 – Tables
127 – Figures
179 – Pages
The High Performance Glass Fiber Market is marked by the presence of several big and small players. Some of the prominent players offering high performance glass fiber include AGY Holding, Owens Corning, 3B Fiber Glass Company, Vetrotex, Taishan Fiberglass Inc., and Chongqing Polycomp International Corporation.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
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