Glass Fiber Market Projected to $20.1 Billion by 2018 – Report by MarketsandMarkets

(PRWEB) November 29, 2014

The report about “Glass Fiber Market & Specialty Synthetic Fibers by, Applications & Geography – Global Trend & Forecast to 2018” defines and segments the market with an analysis and forecast of the volumes and values of types such as specialty synthetic fibers, individually. Along with this, the volume and revenue of materials by forms such as application and geography are also discussed.

Browse more than 147 market data tables with 60 figures spread through 318 pages and in-depth TOC on “Glass Fiber Market”.

Early buyers will receive 10% customization on this report.

Globally, specialty synthetic fibers and glass fiber are used in wide ranging industries owing to their superior physical properties coupled with a significant amount of advantages these specialty synthetic fibers and glass fiber offer. Several industries are opting for these materials to enhance its products productivity as well as efficiency.

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Specialty synthetic fibers and glass fiber market is highly concentrated market with few players dominating majority of the market. It is highly capital intensive market and majorly driven by advance technology and patented know how for the production of specialty fibers. Major players in this market are competing on various parameters such as technical innovation, production capabilities, performance, quality, geographic reach, etc. The major companies in this market are DuPont (U.S.), Honeywell International (U.S.), Teijin Limited (Japan), Owen Corning (U.S.), Royal DSM (The Netherlands), Toray Industries Inc (Japan), and Toho Tenax (Japan).

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The glass fiber dominated the specialty synthetic fibers and glass fiber market & accounted for 60.0% of the total market share in terms of value. Carbon fiber market is expected to grow at a higher rate owing to huge demand from aerospace & defense, wind energy market in near future.

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