PR Newswire
SAN FRANCISCO, May 28, 2019
SAN FRANCISCO, May 28, 2019 /PRNewswire/ -- The global fiberglass fabric market size is expected to reach USD 14.93 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.1% during the forecast period. Rising penetration of the product in the electronics industry for manufacturing of printed circuit boards (PCB) is expected to drive the market.
Key suggestions from the report:
Read 180 page research report with TOC on "Fiberglass Fabric Market Size By Application (Construction, Electrical & Electronics, Wind Energy, Aerospace), By Product (E-glass, S-glass), By Fabric Type (Nonwoven, Woven), And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/fiberglass-fabric-market
Fiberglass wind turbine blades are constructed using stranded E-glass and S-glass fabrics stitched together and impregnated with vinyl ester, polyester, or epoxy matrix. These composites offer high strength for manufacturing lightweight and efficient rotor blades for large wind turbines maintaining cost efficiency.
The product offer superior properties such as high electric insulation, tensile strength, and corrosion and chemical resistance. Increasing R&D to improve product performance, wrapping, weaving, cleaning, and finishing to offer different weave patterns suitable for industry-specific applications are poised to work in favor of the market.
The glass fiber production technology and unique post-processing systems have a significant impact on quality of manufactured fiberglass fabric. Innovation and development of new technologies to obtain superior product quality for high-tech aerospace & defense and electronics industry applications have tremendous impact on competitive environment.
Grand View Research has segmented the global fiberglass fabrics market on the basis of product, fabric type, application and region:
Find more research reports on Specialty Glass, Ceramic & Fiber Industry, by Grand View Research:
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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SOURCE Grand View Research, Inc.