Global Glass Fibers Market to Reach Us$ 14.07 Bn in 2020

Transparency Market
Research
Glass Fibers Market – Global Industry Analysis, Size,
Share, Growth, and Trends and Forecast 2014 – 2020

Published Date
12-Feb-2015

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Press Release

Global Glass Fibers Market Rising at 8.40% CAGR due to
Dynamic Growth of Multiple Application Areas : TMR
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Glass Fibers Market

REPORT DESCRIPTION
Glass Fibers Market – Global Industry Analysis, Size, Share, Growth, and Trends and Forecast 2014 2020
Transparency Market Research has published a new report titled, “Glass Fibers (E-class Glass Fibers and
Performance Glass Fibers) Market for Building & Construction, Transportation, Industrial, Consumer
Goods, Wind Turbine and Other Applications – Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2014–2020.” According to the report, the global glass fibers market was valued at US$ 8.0 Bn in
2013 and is likely to reach US$ 14.07 Bn in 2020, expanding at a CAGR of 8.4% between 2014 and 2020.
Browse the full report at : http://www.transparencymarketresearch.com/glass-fibers-market.html
Glass fibers are the most commonly used reinforcement materials in fiber reinforced plastics (FRP), accounting
for over 80% of the global market in terms of volume. Apart from low cost, several other desirable properties
such as high strength, high modulus, chemical resistance, electrical resistance, impact resistance, and low
weight drive the global glass fibers market.
Glass fibers can be segmented into E-class glass fibers and performance glass fibers. E-class glass fibers
account for the largest share of the global glass fibers market. Performance glass fibers are used in
specialized applications as per their specialties. Performance glass fibers comprise C-class glass fibers, Sclass glass fibers, and D-class glass fibers, among.