Chicago, IL -- (SBWire) -- 08/10/2017 --The key fiberglass fabric applications are transportation, marine, aerospace & defense, wind energy, electrical & electronics, construction, and others. Wind energy application is anticipated to grow very fast in the global market for fiberglass fabric due to growing demand for fiberglass fabrics in the production of different structural wind turbines parts. The fiberglass fabric which is being used in wind turbine structural parts provides maximum strength and lightweight properties coupled with high corrosion resistance. Also, this market is projected to grow in the coming years owing to growing demand for clean energy around the world. This is estimated to give positive impact on the demand of fiberglass fabric globally.
The report on the global Fiberglass fabric market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
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Regionally, the global fiberglass fabric market is segmented into Europe, North America, Asia-Pacific, Middle East & Africa and Latin America. Among these, Asia Pacific region is the leading the global market of fiberglass fabric in terms of value during the forecast period due to the increasing demand for fiberglass fabric in electrical & electronics and wind energy applications in the Asia Pacific region. Thus, fiberglass fabrics demand in the production of various wind turbine structural parts is estimated to rise in the Asia Pacific region in the coming years. Also, the Asia Pacific region is considered to be the hub for the electrical & electronics industry. The demand for fiberglass fabrics in the production of PCBs is also boosting the market growth of the fiberglass fabric.
MARKET SEGMENTATION
This report analyzes the fiberglass fabric market by the following segments:
Fiberglass Fabric Market, by Fiber Type
1. E-glass
2. Others
Fiberglass Fabric Market, by Fabric Type
1. Woven
2. Non-woven
Fiberglass Fabric Market, by Application
1. Wind Energy
2. Transportation
3. Electrical & Electronics
4. Marine
5. Construction
6. Aerospace & Defense
7. Others
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What Are the Key Feature of Fiberglass Fabric Market? What Is the Technical Factors in Global Industry
Fiberglass Fabric Market, by Fiber Type (E-glass), Fabric Type (Woven, and Non-Woven), Application (Wind Energy, Transportation, Electrical & Electronics, Marine, Construction, Aerospace & Defense) – Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022