Fiberglass Fabric Market to thrive with the proliferating wind energy projects Market Overview Market Data Forecast published the report for fiberglass fabric market. The global Fiberglass fabric market was worth USD 10.23 Billion in 2019, and it is projected to witness a CAGR of 6.5% by 2024. Fiberglass Wind Turbine Blades made using stranded S-glass and E-glass fabrics stitched and impregnated with polyester, vinyl ester, or epoxy matrix. These composites provide high strength for manufacturing efficient and lightweight rotor blades for large wind turbines, maintaining price efficiency. Increasing demand for this merchandise in the construction of long, lightweight, and efficient rotor blades, with excellent corrosion resistance, and thermal and electrical insulation properties, for wind energy production, is likely to be a significant trend stoking market development. However, the high requirement of composite materials from several applications has expected to hamper the popularity for fibreglass, as many of the manufacturers are using composite materials to progress lightweight products. To know more read https://www.marketdataforecast.com/market-reports/fiberglassfabric-market Report is segmented By Fiber Type • • E-glass Others By Application • • • • • • Wind Energy Transportation Electrical & Electronics Construction Marine Aerospace & Defense Geographical Segmentation: Based on geography, the market divided under many countries such as North America, Europe, Asia-Pacific and the Rest of the World. Asia-Pacific is ruling the global fiberglass fabric market. Key market players: • • • • • Saertex Gmbh & Co. KG. (Germany) Owens Corning (US) Chomarat Textile Industries (France) Porcher Industries (France) Jushi Group Co., Ltd. (China) View sample and decide: https://www.marketdataforecast.com/market-reports/fiberglassfabric-market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: [email protected] Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/
Fiberglass Fabric Market is a growing market with an average CAGR of 7.7 % during the forecast period. As of 2018, the Fiberglass Fabric Market industry is valued at 10.14 billion USD, and it is estimated to reach 14.69 billion USD by the year 2023.
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