The fiberglass industry sales are poised for significant growth, with its value projected to increase from USD 11,356.30 million in 2024 to US$ 19,028.50 million in 2034. This forecast corresponds to a CAGR of 5.30% over the period. The fiberglass industry is being propelled by the increasing demand for lightweight and durable materials across various sectors, including automotive, …
Tag Archives: Fiberglass
Driving Innovation: How Fiberglass is Revolutionizing the Automotive and Aerospace Industries
The fiberglass industry is being propelled by the increasing demand for lightweight and durable materials across various sectors, including automotive, construction, and aerospace. Fiberglass’s exceptional strength-to-weight ratio makes it an ideal choice for manufacturers looking to reduce vehicle weight while maintaining structural integrity. Additionally, the construction industry’s growing preference for fiberglass-reinforced products, such as panels, pipes, and …
Fiberglass Market Projected to Soar to USD 19,028.50 million by 2034 Driven by Demand in Construction, Automotive, and Aerospace Sectors
The fiberglass industry is being propelled by the increasing demand for lightweight and durable materials across various sectors, including automotive, construction, and aerospace. Fiberglass’s exceptional strength-to-weight ratio makes it an ideal choice for manufacturers looking to reduce vehicle weight while maintaining structural integrity. Additionally, the construction industry’s growing preference for fiberglass-reinforced products, such as panels, pipes, and …
Fiberglass Market Set to Soar: Projected Value Surges to US$ 19,028.50 million by 2034
The fiberglass market is poised for significant growth, with its value projected to increase from US$ 11,356.30 million in 2024 to US$ 19,028.50 million in 2034. This forecast corresponds to a CAGR of 5.30% over the period. The fiberglass industry is being propelled by the increasing demand for lightweight and durable materials across various sectors, …