DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/r4xpcv/china_automotive) has announced the addition of the "China Automotive Glass Fiber Composites Market - Growth Trends and Forecasts (2015-2020)" report to their offering.
Asia-Pacific market will account to more than 50% of the global automotive fiberglass market by the end of 2015, with China pioneering the growth of automotive fiberglass in the region. China is one of the leaders in the global automotive fiberglass market with significant market share.
China generates the highest revenue for fibreglass in the Asia-Pacific region. The market has a huge growth potential in the automotive fiberglass market, driven by the increase in the demand for lightweight automotive vehicles. The growth of this market is also driven by the technological developments in the manufacturing process of fibreglass. The overall industrial development of this region is helping to maneuver the demand of various composite fiberglass materials used in the industrial, construction and transportation sector.
The trend of growth in the country is expected to continue during the forecast period. Continuous product developments by the regional players at an economical rate are increasing the market applications base for automotive fibreglass, thereby helping these players to tap the global demand. Glassfibre substitutes such as carbon fiber, aramid also pose a serious challenge to the growth of automotive fiberglass market in the country.
Key Topics Covered:
2. KEY FINDINGS OF THE STUDY
3. MARKET OVERVIEW
4. MARKET DYNAMICS
5. MARKET SEGMENTATION
6. COMPETITIVE LANDSCAPE
- Braj Binani Group
- Fiber Glass Industries
- Jiangsu Changhai Composite Materials Co., Ltd
- Kemrock Industries and Exports Limited
- Lintex International Company Ltd.
- Molded Fiberglass Companies
- Performance Composite Inc.
- Plasti Comp Inc.
- PPG Industries Inc.
- Smart Material Corp.
ZCL Composites Inc.
For more information visit http://www.researchandmarkets.com/research/r4xpcv/china_automotive