MarketSegmentation
By Product Type:
Short Fiber Thermoplastic (SFT)
Long Fiber Thermoplastic (LFT)
Continuous Fiber Thermoplastic (CFT)
By Application: Automotive Aerospace & Defense
Construction & Infrastructure
Market Value
2023: Estimated at USD 56 million
2032 (Projected): Expected to reach
USD 88.38 million
Compound Annual Growth Rate
(CAGR): 5.20% over the forecast period
Market Opportunities
Technological Advanceme to enhanced properties a glass fiber-reinforced the Emerging Markets: Expa increasing industrializati development. Customization: Tailoring specific performance requ industries.
Sample Report
Key Players/Stakeholders
Major Companies Leading the Industry:
Owens Corning
Jushi Group
Nippon Electric Glass
CPIC
Taishan Fiberglass (Sinoma)
Advanced Glassfiber Yarns
Sample Report
Regional Analysis
North America: Steady growth driven by demand in automotive, aerospace, and construction industries.
Europe: Significant market with countries like Germany and the UK leading in adoption.
Asia-Pacific: Rapid growth due to expanding automotive and construction sectors in countries like China, Japan, and India.
South America: Emerging market with growth potential in countries like Brazil and Argentina.
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