Global Glass Fiber Market, 2016–2024

Glass Fiber Market
Global Glass Fiber Market: Growth Factors
The increasing requirement for glass fibers in the construction industry will be one of
the most important aspects that will have a positive and constructive impact on the
development of the glass fiber market. In the construction business, glass fibers are
commonly utilized in applications such as walls, roofs, doors, and windows. They are
also utilized as composites in the construction of buildings. In addition, glass fiber
reinforced concrete (GFRC) has hydrated cement, sand, and glass fibers that are
majorly used for construction purposes. Benefits such as flexural, high tensile and
compressive power, anti-corrosive properties and lightweight features of glass fibers
have led to its augmented application in the construction business propelling the
growth of the glass fiber market. The increasing number of construction activities and
buildings will drive the demand for the global glass fiber market in the future.
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Global Glass Fiber Market: Segmentation
The glass fiber market is classified on the basis of application, manufacturing process,
and product type. Based on application, the glass fiber market is divided into
transportation, marine, pipe and tank, construction, aerospace, electrical and
electronics, wind energy, consumer goods, and others. Based on the manufacturing
process, the market is classified into spray up, hand lay-up, pultrusion, prepreg lay up,
injection molding, resin infusion, compression molding, and others. Based on product
type, the glass fiber market is categorized into multi-end roving, single-end roving,
CSM, woven roving, CFM, fabrics, CS, DUCS, and others.