Stratview Research announces the launch of a new market research report on Global High Performance Glass Fiber Market by End Use Industry, by Usage, and by Region, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018 – 2023.
This market report from Stratview Research studies the global high performance glass fiber market over the period 2010 to 2023. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Global High Performance Glass Fiber Market: Highlights
Stratview Research foresees a robust growth opportunity of CAGR 9.2% in the global high performance glass fiber market in the next five years (2018 – 2023) and reach US$ 390.6 million in 2023, which offers an opportunity to the composites industry players to align themselves with the market growth.
The author stated that aerospace and defense is expected to remain the growth driver of the high performance glass fiber market during the forecast period. North America is expected to remain the largest market for high performance glass fiber market in the forecast period. Increasing automotive production, aerospace & defense deliveries, and increasing high performance fiber penetration in performance driven applications, such as helicopter blade and ballistic armor are the key growth drivers of the high performance glass fiber market. Higher specific strength and modulus than E glass fiber and lower cost than other advanced fibers, such as carbon fiber make it a preferred material for high performance applications.
North America is expected to remain the dominant region in the composite preforms market being the manufacturing hub of the major turbofan engine OEMs. The key high performance glass fiber manufactures are AGY Holdings, Owens Corning, CPIC Fiber glass, Nittobo, and 3B Fiberglass.
New product development, collaboration with customers, and long term contacts are the key strategies adopted by the key players to gain competitive edge in the market.
This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the research report:
Avail free customization options which are listed in the link given below along with the detailed Table of Contents and Report Description.
Free customization options for market research report on global high performance glass fiber market.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences and Oil & Gas.
We have a strong team of industry veterans and analysts having an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy and Voice of Customer studies.
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