GLOBAL FIBERGLASS MARKET EXPECTED TO CROSS VALUATION OF US$ 11.92 BILLION BY 2027

Pythonholic14 Apr, 2021Business

The fiberglass market is projected to grow at a CAGR of more than 4.5% from 2019 to 2027. Growth in lightweight vehicles coupled with upcoming wind energy projects in Asia Pacific market is likely to boost fiberglass market by 2027. In terms of volume, global Fiberglass market is anticipated to reach more than 7,800 Kilo Tons by 2027. Carbon fiber is competent substitute to the fiberglass market is projected to impact the growth of fiberglass market in the coming years.