Lucintel's latest market report analyzed that glass fiber textiles provides attractive opportunities in transportation, marine, wind energy, aerospace & defense, pipe and tank, construction, electrical and electronics, consumer goods, and others. The glass fiber textiles market is expected to reach $5.7 billion by 2026 with a CAGR of 4.4%. In this market, woven yarn is the largest segment by product, whereas electrical and electronics is largest by application. The high-performance textile for wind energy, high tensile glass fiber textile for construction market, and thinner materials in PCB market provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/glass-fiber-textile-market.aspx Based on product, the glass fiber textiles market is segmented into woven roving, non-crimp, woven yarn, CFM/CSM. The woven yarn segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period.
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The glass fiber textiles market is marked by the presence of several big and small players. Some of the prominent players offering glass fiber textiles include Owens Corning, SAERTEX, CPIC Fiberglass, Jushi Group, and Taishan Fiberglass.
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