Booming Automotive Industry to Become Cornerstone of Growth for Glass Fiber Market.Pdf

Transparency Market

Research

Glass Fiber Market - Global Industry Analysis, Size, Share, Growth,

Trends, and Forecast 2016 - 2024

Published Date

09-May-2015

184 Page Report

Buy Now

Request Sample

Press Release

Booming Automotive Industry to Become Cornerstone of Growth for

Glass Fiber Market: TMR

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

sales@transparencymarketresearch.com

Glass Fiber Market

REPORT DESCRIPTION

Glass Fiber Market - Global Industry Analysis, Size, Share,

Growth, Trends, and Forecast 2016 – 2024

The competitive landscape in the global glass fiber market is fairly consolidated, finds TMR in a new

study. The leading players in the overall market are focusing on developing export channels to increase

their international presence and subdue China’s hold in the foreign markets.

TMR’s findings also indicate that major companies are focusing on aligning their research and

development activities to develop improved product portfolio. For instance, Jiangsu Jiuding New Material

Co. Ltd. invested about US$3.2 mn in R&D in 2013. This move enabled the company to create 44

technology and product patents. Similarly, Nippon Electric Glass Co., Ltd. is gunning for expanding its

capacities to improve its market position and cater to the pharmaceutical sector as well.

Browse The Full Research Report At:

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

Heightened Marine and Automotive Production Improves Glass Fiber Demand

Exceptional qualities of glass fiber such as low weight, higher impact resistance, and superior strength

make it a popular choice of material across the building and construction industry. TMR analyst says, “The

growing population of Asia Pacific, which accounted for 60.5% of the total global population, has spurred

a huge demand for construction of residential projects. These...