Glass Fiber Market is expected to reach $17.5 billion by 2027 – An exclusive market research report by Lucintel - Digital Journal

2022-05-19 09:42:29 By : Ms. Jodie Xu

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Lucintel’s latest market report analyzed that glass fiber provides attractive opportunities in transportation, marine, wind energy, aerospace & defense, pipe and tank, construction, electrical and electronics, consumer goods, and others. The glass fiber market is expected to reach $17.5 billion by 2027 with a CAGR of 5.7%. In this market, chopped strand mat is the largest segment by product type, whereas transportation is largest by end use industry. The innovative trends focused on ultra-high modulus glass fiber and glass fiber based composites parts using 3D technology provides strategic growth path in this market.      

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Based on product type, the glass fiber market is segmented into single end roving, multi end roving, woven roving, fabrics, chopped strand, chopped strand mat, continuous filament mat, and others. The chopped strand segment is accounted for the largest share of the market in 2021.

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The glass fiber market is marked by the presence of several big and small players. Some of the prominent players offering glass fiber include Owens Corning, Jushi, Nippon Electric, CPIC, and Taishan Fiberglass.  

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 click on this link [email protected] .

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit

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