Glass Fiber Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024

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Glass Fiber Market - Global Industry Analysis, Size,

Share, Growth, Trends, and Forecast 2016 - 2024

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09-May-2016

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Glass Fiber Market to Reach US$17.44 bn by 2024; Use in

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Glass Fiber Market

REPORT DESCRIPTION

Glass Fiber Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Transparency Market Research has published a new market report titled “Glass Fiber Market - Global Industry

Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.” According to the report, the global glass

fiber market was valued at US$8.50 bn in 2014 and is anticipated to reach US$17.44 bn by 2024, expanding at

a CAGR of 7.5% between 2016 and 2024.

Browse the full Glass Fiber (E-class Glass Fiber and Performance Glass Fiber) Market for Building &

Construction, Transportation, Consumer Goods, Industrial, Wind Turbine, and Other Applications Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 report at :

http://www.transparencymarketresearch.com/glass-fibers-market.html

Glass fiber is produced from the chemical reaction between various natural minerals and chemicals at high

temperatures. Silica sand is the major raw material used in production of glass fiber along with minerals and

chemicals such as feldspar, anhydrous borax, sodium sulfate, alumina, calcium oxide, magnesium oxide, and

cullet (recycled glass) are also employed as per the end-use requirements of glass fibers.

Glass fiber has been segmented in terms of product type into e-class glass fiber and performance glass fiber.

E-class glass fiber is the most preferred type of product due to factors such as high tensile strength, lower cost,

and high...