Lucintel Forecasts The Chinese Glass Fiber Market To Reach $5 Billion By 2035

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the Chinese glass fiber market looks promising with opportunities in the transportation, marine, wind energy, aerospace, pipes and tanks, construction, electrical and electronics, and consumer goods end use industries. The Chinese glass fiber market is expected to reach an estimated $5 billion by 2035 with a CAGR of 4% from 2025 to 2035. The major drivers for this market growth is high demand of glass fiber in electrical and electronics segment specially for printed circuit boards where glass fiber are used in manufacturing of parts and support in rising trend of miniaturization and compact with portable devices.
A more than 150-page report to understand trends, opportunity and forecast in Chinese glass fiber market by end use industry (transportation, marine, wind energy, aerospace, pipes and tanks, construction, electrical and electronics, consumer goods, and other end use industries), manufacturing process (hand layup, spray-up, resin infusion, pultrusion, injection molding, compression molding, filament winding, prepreg layup, and other manufacturing processes), ...
... fiber type (E/ECR-glass fiber, S-glass fiber, and other glass fibers), and product type (single end rovings, multi end rovings, DUCS, yarn, and CFM).
Lucintel forecasts that construction will remain the largest end use by value and volume over the forecast period due to the increasing renovation and construction activity in China. Aerospace segment is expected to witness highest growth over the forecast period.
E/ECR-glass fiber is expected to remain the largest fiber type segment by value and volume over the forecast period due to its increasing use in various industries for its properties like strength, electrical resistance, and higher acid corrosion resistance made with calcium aluminosilicates.
Download sample by clicking on Chinese glass fiber market.
China Jushi Co., Ltd., CPIC, Praana Group, Taishan Fiberglass Inc., Sichuan Weibo Co., Ltd. are the major suppliers in the Chinese glass fiber market.
This unique 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 write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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