High Performance Glass Fiber Market to Post 9.2% CAGR to 2021, Expects Stratview Research in Its Report Published at MarketPublishers.com08 Jul 2016 • by Natalie Aster
LONDON – The market for high performance glass fiber opens up healthy growth opportunities and is poised to grow at a CAGR 9.2% through to 2021. Characteristics such as high specific strength and modulus as against E glass fiber and inexpensiveness versus other advanced fibers, like carbon fiber make it the most popular material for high performance applications. The rise of automotive manufacturing, aerospace and defense deliveries, and an upsurge in the penetration of high performance fiber in performance driven applications, like helicopter blade and anti-ballistic armor are amid the major factors fuelling the growth of the worldwide high performance fiber marketplace.
The aerospace and defense sector is anticipated to continue to be the market growth driver in the forthcoming years. The North America region is set to keep on dominating the global high performance glass fiber market in the offing.
CPIC Fiber glass, AGY Holdings, Nittobo, Owens Corning, and 3B Fiberglass are the leading players in the industry. To gain an advantage over competitions in the marketplace, the companies embark on a range of key strategies like cooperation with customers, long-term contractual agreements, and new product development.
New report “Global High Performance Glass Fiber Market” drawn up by Stratview Research provides crucial insights into the market dynamics and market structure covering an analysis of the industry life cycle, and a supply chain analysis. The study contains market environment analysis shedding light on growth drivers and limiters, Porter’s five forces analysis, and a SWOT analysis; examines market trends and provides detailed forecasts; examines major trends and forecasts for the market segments. The research publication explores the competitive scene and dynamics covering market share data, product ranges, new product launches, etc. The report elucidates lucrative market segments and pertinent growth opportunities; gives a deep analysis of emerging trends; casts light on strategic growth opportunities for the current players and new entrants; as well as unveils key success factors.
More studies by our partner can be found at Stratview Research page.