DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/kzxhvh/fiberglass_market) has announced the addition of the "Fiberglass Market - Trends & Forecast to 2020" report to their offering.
The global fiber glass market is expected to reach $15.57 billion by 2020, at a CAGR of 9%.
The global fiber glass market is a relatively nascent, fast-growing, and technologically evolving market as demand from various new application markets continues to increase. New applications in the major end-user industries, such as composites and insulation are expected to drive the growth of this sector in the next few years. Hence, the fiber glass market is expected to grow at a high rate.
Asia-Pacific is the global leader in the consumption of fiber glass and this dominance is expected to continue till 2020. China is the key market in this region, consuming more than half of the demand for fiber glass followed by Japan, wherein the consumption is growing steadily.
On the basis of applications, composites account for more than two-thirds of the fiberglass market share. Increasing construction and industrial spending in emerging economies, such as China and India is likely to generate more demand of composites. In addition, shift in trend towards use of light weight and strong composite materials in wind energy and automotive will have a positive impact on the market growth
- Agy Holding Corp.
- Asahi Fiberglass Company
Braj Binani Group
- Jushi Group
- Owens Corning
- PPG Fiber Glass (Kunshan) Co. Ltd
- PPG Industries, Inc.
- Saint-Gobain Vetrotex
- Taishan Fiberglass Inc.
- Taiwan Glass Industry Corporation
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Fiberglass Market, By Type
8 Fiberglass Market, By Application
9 Regional Analysis
10 Competitive Landscape
11 Company Profiles
For more information visit http://www.researchandmarkets.com/research/kzxhvh/fiberglass_market