Press release
Lucintel Forecasts European Glass Fiber Market to Reach $2.0 billion by 2031
Key data points: The market size in 2024 = $1.8 billion, growth forecast = 3% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in European glass fiber market to 2031 by end use
According to the recent study the European glass fiber market is projected to reach an estimated $2.0 billion by 2031 from $1.8 billion in 2024, at a CAGR of 3% from 2024 to 2031. Growth in this market is primarily driven by rise in demand for products made of glass composites; these include pipes, tanks, wind blades, bathtubs, and automotive parts.
Browse 64 figures / charts and 46 tables in this 158 -page report to understand trends, opportunities and forecast in European glass fiber market by end use industry (marine, transportation, pipe and tank, aerospace, construction, electrical and electronics, consumer goods, wind energy, and other end use industries), product type (single end rovings, multi end rovings, DUCS, yarn, and CFM), manufacturing process (hand lay up, spray up, resin infusion, pultrusion, injection molding, compression molding, prepreg layups, and other manufacturing processes), and country (Germany, France, Italy).
Lucintel forecasts that, transportation is the largest end use industry of European Glass Fiber. Aerospace is expected to witness the highest growth over the forecast period
Single end roving will remain the largest product form by volume over the forecast period.
Download sample by clicking on European glass fiber market
Praana Group (Owens Corning), Jushi Group, Nippon Electric Glass Co., Ltd., Lanxess, Johns Manville Corporation, Saint Gobain (Vetrotex), Krosglass SA are among the major European glass fiber market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact: Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. +1-972-636-5056
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