Opportunities for the high performance glass fiber market to grow at a CAGR of 4.7% by 2024 -USD 0

Publish Date: 11-07-2019 12:42:19 | Contact name: Lucintel | Location: USA | Place: Lucintel, 8951 Cypress Waters Blvd., Suite 160, Dallas, TX 75019 | 1 times displayed |



According to a new
market report published by Lucintel, the future of the high performance glass
fiber market looks attractive with opportunities
in aerospace & defense, pressure vessels, electrical and electronics,
sporting goods, civil engineering, automotive, wind energy, and marine industry. The global high performance glass fiber market is
expected to grow at a CAGR of 4.7% from 2019 to 2024. The major drivers for
this market are growth in automotive production and increasing
aircraft deliveries.





In this market, S-glass, R-glass,
and T-glass are the major fibers utilized to manufacture composite parts for
various end use industries. Lucintel forecasts that S-glass fiber will remain the largest segment by value and volume and it
is also expected to witness the highest growth over
the forecast period due to its high tensile
strength, tensile modulus, and high chemical & heat resistance compared to
E/ECR glass fiber.





Within this market, aerospace and
defense will remain the largest market by value and volume and witness the
highest growth over the forecast period due to growth in aircraft deliveries
and increasing demand for lightweight materials.





North America will remain the
largest region by value and volume due to growth in aircraft deliveries,
increasing length of wind blades, and automotive production. Asia Pacific is
expected to witness the highest growth over the forecast period due to growth
in end use industries.





An emerging trend, which has a
direct impact on the dynamics of the industry, includes penetration of low
dielectric glass fiber in high performance PCB. AGY Holdings, Owens corning, 3B
Fiberglass, Vetrotex, CPIC Fiberglass, and Nittobo are among the major
manufacturers of the global high performance glass fiber market.





Lucintel, a leading global strategic consulting
and market research firm, has analyzed growth opportunities in the high
performance glass fiber market by end use industry, product type, and product
form. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the High Performance Glass Fiber Market
2019-2024: Trends, Forecast, and Opportunity Analysis
.” The
Lucintel report serves as a catalyst for growth strategy as it
provides a comprehensive data and analysis on trends, key drivers, and
directions. The study includes a forecast for the high performance glass fiber market
by end use industry, product type, and product form as follows:



By
End Use Industry ($ Million and Million Pounds shipment analysis for 2013
to 2024):




  • Aerospace & Defense

  • Wind Energy

  • Automotive

  • Pressure Vessels

  • Civil Engineering

  • Marine

  • E&E

  • Sporting Goods

  • Others





By Product
Type ($ Million and Million Pounds shipment analysis for 2013 to 2024):




  • S-Glass

  • R-Glass

  • T-Glass

  • Others





By Product
Form ($ Million and Million Pounds shipment analysis for 2013 to 2024):




  • Roving

  • Yarn

  • Chopped



By
Region ($ Million and Million Pounds shipment analysis for 2013 to 2024):




  • North America

  • Europe

  • Asia Pacific

  • ROW



This 170-page 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 helpdesk@Lucintel.com. Lucintel offerings include advanced materials reports, composite materials market report, strategic growth consulting, market
research due diligence
and business strategy consulting.





About
Lucintel



Lucintel,
the premier global management consulting and market research
firm, creates winning strategies for growth. We offer 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 www.lucintel.com.



This report
answers following 11 key questions:





Q.1 What are some of the most
promising potential, growth opportunities for the high performance glass
fiber market by end use application (transportation, construction, aerospace
and defense, wind energy, and others), by product type (S-glass, R-glass and
T-glass), and by product form (roving, chopped and yarn)



Q.2 Which segments will grow at a
faster pace and why?



Q.3 Which regions will grow at a
faster pace and why?



Q.4 What are the key factors
affecting market dynamics? What are the drivers and challenges of the market?



Q.5 What are the business risks and
threats to the market?



Q.6 What are emerging trends in this
market and the reasons behind them?



Q.7 What are some changing demands
of customers in the market?



Q.8 What are the new developments in
the market? Which companies are leading these developments?



Q.9 Who are the leading players in
this market? What strategic initiatives are being implemented by key players
for business growth?



Q.10 What are some of the
competitive products and processes in this area and to what extent do they pose
a threat for loss of market share via material or product substitution?



Q.11 What M & A activities have
taken place in the last five years in this market?







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