Glass Fibers Market to Grow at 8.4% CAGR from 2014 to 2020 Due to Rising Rate of Wind Turbine Installation
TMR, a market intelligence company based in the U.S., states that the global glass fibers market was estimated at US$8 billion in 2013 and, growing at an 8.4% CAGR from 2014 to 2020, is predicted to reach US$14.07 billion by 2020.The TMR report states that glass fibers are the most broadly utilized reinforcement materials in plastics globally. They represent more than 90% of the worldwide demand for fiber reinforced plastics (FRPs). Useful characteristics of glass fibers that boost demand for...
View full press release