Growth Opportunities in Global Glass Fiber Textiles Market 2015-2020

LONDON, Nov. 11, 2015 /PRNewswire/ -- Background:
The glass fiber textiles market is expected to grow with a CAGR of 5.2% over 2015-2020. The major drivers of the glass fiber textiles market are growth of end use applications, such as wind energy, construction, marine, aerospace & defense, and electrical & electronics as well as increased demand for reinforced composites from the above applications. Glass fibers textile is lightweight, corrosion resistant, and has high strength, which help this material to be the choice of OEMs in comparison to traditional materials. Asia Pacific is expected to be the leading region because of the growth in end use application market in emerging markets India, and China.Lucintel, a leading global management consulting and market research firm, has analyzed the global glass fiber textiles market by applications, product types, and regions, and has brought out a comprehensive research report titled, ?Growth Opportunities in the Global Glass Fiber Textiles Market 2015-2020: Trends, Forecast, and Opportunity Analysis.? This report provides an analysis of global glass fiber textiles market, including the market trends, growth opportunities, key drivers, emerging trends, and company profiles of the leading suppliers in the market.The study also includes forecast of global glass fiber textiles market through 2020, segmented by applications, product types, and regions as follows:The global glass fiber textiles market by applications:
-Marine
-Wind Energy
-Aerospace/Defense
-Construction
-Electrical/Electronics
-OthersThe global glass fiber textiles market by product types:
-Woven Roving
-Multi-Axials
-Fabric
-CFM/CSMThe global glass fiber textiles market by regions:
-North America
-Europe
-Asia Pacific
-Rest of World On the basis of its comprehensive research, Lucintel forecasts that majority of the applications for the glass fiber textiles will have good growth during 2015-2020. Electrical/electronic along with wind energy segments are expected to remain as the largest market for glass fiber textiles in 2020. Owens Corning, SAERTEX,CPIC, Jushi, and Taishan are among the major suppliers of glass fiber textiles. The industry players are going for partnership and strategic alliances to deliver unique solutions and to meet the constantly changing demands of customers.This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today?s stringent economy, you need every advantage that you can find.
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