Glass Fiber In The Global Automotive Composites Market Is Anticipated To Grow At A Cagr Of 5.5% During 2021-2026

By Author: Lucintel LLC
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The global glass fiber in the global automotive composites market is projected to reach $2.7 billion by 2026 with a CAGR of 5.5% from 2021 to 2026. The growth of glass fiber in the global automotive composites market is driven by increasing automotive production and growing demand for lightweight and durable materials due to stringent government regulations to increase fuel efficiency and reduce greenhouse gas emissions.

Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the glass fiber in the global automotive composites by application (interior, exterior, powertrain system/engine components, under the body, electrical and electronics, and others), intermediate material (SMC/BMC, LFT, SFT, CFT, phenolic molding compound, and others)and region (North America, Europe, Asia Pacific and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the glass fiber in the global automotive composites market?
Q.4 What are some changing demands of customers ...
... in the glass fiber in the global automotive composites market?
Q.5 What are the new developments in the glass fiber in the global automotive composites market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this glass fiber in the global automotive composites area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this glass fiber in the global automotive composites market?

Emerging trends, which have a direct impact on the dynamics of the industry, include development of high performance glass fiber.

Download Brochure of this report by clicking on https://www.lucintel.com/glass-fiber-automotive-composites-market.aspx

Market Segmentation:
Based on intermediate material, the glass fiber in the global automotive composites market is segmented into SMC/BMC, LFT, SFT, CFT, phenolic molding compound, and others . The SFT segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to small complex shaped components in power train system/engine components applications.
Europe is expected to remain the largest market due to higher penetration of composites in automotive than other region. APAC & ROW is also expected to witness the highest growth over the forecast period.
Key Players in the glass fiber in the global automotive composites market are Owens Corning, Jushi Group, John’s Manville, CPIC, and Taishan Fiberglass.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/glass-fiber-automotive-composites-market.aspx
About Lucintel
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 www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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