DUBLIN--(BUSINESS WIRE )--The "China Glass Fiber Market: Market Size, Trends and Growth Analysis" report has been added to ResearchAndMarkets.com's offering.
The Chinese glass fiber market is expected to reach an estimated $4.1 billion by 2027 with a CAGR of 5.4% from 2022 to 2027.
The future of the Chinese glass fiber market looks promising with opportunities in transportation, marine, wind energy, aerospace, pipes and tanks, construction, electrical and electronics, and consumer goods end uses.
The major driver for market growth is high demand of glass fiber in electrical and electronics segment specially for printed circuit boards where glass fiber are used in manufacturing of parts and support in rising trend of miniaturization and compact with portable devices.
Emerging trends, which have a direct impact on the dynamics of the Chinese glass fiber industry, includes innovation trends focused on ultra-high modulus glass fiber and glass fiber based composites part using 3D technology.
In this market, E/ECR-glass fiber and S-glass fiber are the major fiber types of Chinese glass fiber market. The analyst forecasts that E/ECR-glass fiber is expected to remain the largest fiber type segment by value and volume over the forecast period due to its increasing use in various industries for its properties like strength, electrical resistance, and higher acid corrosion resistance made with calcium aluminosilicates.
Within the Chinese glass fiber market, electrical and electronics will remain the largest end use by value and volume over the forecast period due to the rising adoption of smartphones, IoT device, and growing demand for electronics in the automotive, aerospace, and electrical and electronics drives the demand of overall electrical and electronic market. Aerospace segment is expected to witness highest growth over the forecast period.
Some of the Chinese glass fiber manufacturers profiled in this report includes China Jushi, CPIC, Owens Corning, Taishan Fiberglass, and Sichuan Weibo.
Features of the Chinese Glass Fiber Market
3. Market Trends and Forecast Analysis from 2016 to 2027
3.1: Macroeconomic Trends and Forecast Analysis of China
3.1.1: Macroeconomic Trend Analysis of China
3.1.2: Macroeconomic Forecast Analysis of China
3.2: Chinese Glass Fiber Market Trends and Forecast
3.3: Chinese Glass Fiber Market by Product Type
3.4: Chinese Glass Fiber Market by Fiber Type
3.5: Chinese Glass Fiber Market by Manufacturing Process
3.6: Chinese Glass Fiber Market by End Use
5. Growth Opportunities and Strategic Analysis
5.1.1: Growth Opportunities for the Chinese Glass Fiber Market by Product Type
5.1.2: Growth Opportunities for the Chinese Glass Fiber Market by Fiber Type
5.1.3: Growth Opportunities for the Chinese Glass Fiber Market by Manufacturing Process
5.1.4: Growth Opportunities for the Chinese Glass Fiber Market by End Use
5.2: Emerging Trends in the Chinese Glass Fiber Market
5.3.2: Capacity Expansion of the Chinese Glass Fiber Market
5.3.3: Mergers, Acquisitions, and Joint Ventures in the Chinese Glass Fiber Market
6.2: Chongqing Polycomp International Corporation (CPIC)
6.8: Jiangsu Changhai Composite Materials Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/6op11o
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900