Lucintel’s latest market report analyzed that Chinese glass fiber provides attractive opportunities in transportation, marine, wind energy, aerospace, pipes and tanks, construction, electrical and electronics, and consumer goods end uses. The Chinese glass fiber market is expected to reach $4.0 billion by 2028 with a CAGR of 4.3%. In this market, electrical and electronics is the largest segment by end use, whereas E/ECR-glass fiber is largest by fiber type. Innovation trends focused on ultra-high modulus glass fiber and glass fiber based composites part using 3D technology provides strategic growth path in this market.
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Based on end use, the Chinese glass fiber market is segmented into transportation, marine, wind energy, aerospace, pipes and tanks, construction, electrical and electronics, consumer goods, and others. The electrical and electronics segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the rising adoption of smartphones, IOT device, and growing demand for electronics in the automotive, aerospace, and electrical and electronics drives the demand of overall electrical and electronic market. Aerospace segment is expected to witness highest growth over the forecast period.
Browse in-depth TOC on “Chinese Glass Fiber Market”
104 – Tables
112 – Figures
199 – Pages
The Chinese Glass Fiber Market is marked by the presence of several big and small players. Some of the prominent players offering Chinese glass fiber include China Jushi Co., Ltd., Chongqing Polycomp International Corporation, Owens Corning, Taishan Fiberglass Inc., Sichuan Weibo. Co., Ltd., Shandong Fiberglass Group Corporation, Hebei Yuniu Fiberglass, and Jiangsu Changhai Composite Materials Co., Ltd.
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