Fiberglass Fabric Market worth 13.48 Billion USD by 2022

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Market News Fiberglass Fabric Market worth 13.48
Billion USD by 2022 Download PDF Brochure at
Fiberglass Fabric Market The report "Fiberglass
Fabric Market by Fiber Type (E-glass), Fabric
Type (Woven, and Non-Woven), Application (Wind
Energy, Transportation, Electrical Electronics,
Construction, Marine, Aerospace Defense), and
Region - Global Forecast to 2022", The global
fiberglass fabric market was USD 8.74 Billion in
2016 and is projected to reach USD 13.48 Billion
by 2022, at a CAGR of 7.62 between 2017 and
2022. Inquiry before Buying at Fiberglass Fabric
Market Browse 71 Market Data Tables and 41
Figures spread through 140 Pages and in-depth TOC
on "Fiberglass Fabric Market by Fiber Type
(E-glass), Fabric Type (Woven, and Non-Woven),
Application (Wind Energy, Transportation,
Electrical Electronics, Construction, Marine,
Aerospace Defense), and Region - Global
Forecast
to

2022" http//www.marketsandmarke
ts.com/Market-Reports/fiberglass-fabric-market-162
02367.html Early buyers will receive 10
customization on reports. The fiberglass fabric
market is driven by the increasing use of fabrics
used in various applications to form complex
structural components. In applications such as
wind energy, these are used for the production of
longer and lighter wind turbine blades, while in
the electrical electronics application, these
are used for their high dielectric strength and
relatively low dielectric constants that make
fiberglass fabrics exceptional for electrical
insulation purposes. Based on fiber type, the
E-glass segment in the fiberglass fabric market
is expected to grow at the highest CAGR during
the forecast period Based on fiber type, the
E-glass fabric market is expected to grow at the
highest CAGR during the forecast period. E- glass
fabrics were initially developed for electrical
wiring applications and gradually gained
acceptance in various other major applications
such as wind energy, marine, and electrical
electronics, among others. E-glass fibers are
cost efficient and offer a wide range of
beneficial properties such as corrosion
resistance, lightweight, high electrical
insulation, and are the majorly used fiber type
in the manufacture of fiberglass fabrics. Wind
energy segment to lead the fiberglass fabric
market, in terms of value and volume Fiberglass
fabrics are used to reinforce spar caps, webs,
and shells of wind turbine rotor blades. From a
power generation standpoint, fiberglass fabrics
are lightweight and thus enable the production of
longer blades for wind turbines. This helps in
capturing more wind energy, leading to an
increase in power output and provides economy due
to the higher wind energy gained. Asia Pacific is
projected to be the largest market for fiberglass
fabric The Asia Pacific is the largest market for
the fiberglass fabric due to the growing
population and increasing industrialization in
the region. Along with China, India and Japan are
the major consumers of fiberglass fabric in the
region for various applications. The region
accounted for the largest wind power capacity of
203,643 MW in 2016. This is expected to drive the
fiberglass fabrics market in the region, as
leading wind blade manufacturers are increasingly
using these fabrics as the major material for the
manufacture of composites for wind turbines. Key
players operational in the fiberglass fabric
market are Owens Corning (US), Saertex Gmbh Co.
KG. (Germany), Porcher Industries (France),
Chomarat Textile Industries (France), and Jushi
Group Co., Ltd. (China), among others.
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