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Glass Fibers Market Key Playes are CHONGQING POLYCOMP INTERNATIONAL CORP, AGY Holding Corp, Jushi Group, Saint-Gobain Vetrotex, Johns Manville, Nippon Electric Glass Co., Ltd.
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Some of the prominent vendors operating in the global glass fibers market are Jushi Group, Jiangsu Jiuding New Material Co. Ltd, Owens Corning, Nippon Electric Glass Co., CHONGQING POLYCOMP INTERNATIONAL CORP, and AGY Holding Corp, among others.
According to our analysts at TMR, the value of the global glass fibers market was envisaged to be at US$8.50 bn in 2014. Over the duration of forecast, from 2016 to 2024, the market is anticipated to rise at a 7.5% CAGR. By 2024, the global market is expected to reach a valuation of US$17.44 bn.
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The application segment of building and construction will largely contribute to the rise of the global glass fibers market over the forecast period. With a 7.6% CAGR, this application segment is expected to show unprecedented potential in the coming years. This could be attributed to the boom in population in emerging regions, especially Asia Pacific, leading to surge in demand for residential as well as commercial space.
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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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