Glass Fibers & Specialty Synthetic Fibers Market Size – By Type (Glass Fibers and Specialty Synthetic Fibers), By Application (Textiles, Construction, Automotive, Aerospace & Defense, Marine, Consumer Goods, Packaging, Wind Energy and Others), & Region – Global Forecasts 2024 - 2034.
- PUBLISHED ON
- 2024-11-13
- NO OF PAGES
- 285
- CATEGORY
- Chemicals & Materials
Market Overview
The Glass Fibers & Specialty Synthetic Fibers market report is predicted to develop at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2034, when global Glass Fibers & Specialty Synthetic Fibers market forecast size is projected to reach USD 144.58 Billion in 2034, based on an average growth pattern. The global Glass Fibers & Specialty Synthetic Fibers market revenue is estimated to reach a value of USD 85.59 Billion in 2024.
SOURCE: We Market Research
Glass fibers are
materials made from finely drawn strands of glass and are used primarily in the
manufacture of composite materials. The market for glass fibers is driven by
demand for lightweight, durable, and strong materials, particularly in the
automotive and construction sectors. Specialty synthetic fibers are engineered
fibers designed for specific applications, including high-performance textiles,
filtration, and industrial uses. These fibers are typically derived from
petroleum-based sources, such as polyester, nylon, aramid, and polyolefins.
The global
market for glass fibers and specialty synthetic fibers is projected to grow
steadily, driven by increasing demand in emerging economies, technological
advancements, and the rising need for high-performance materials in critical
industries.
Global Glass Fibers & Specialty Synthetic Fibers Market
Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 85.59 Billion |
|
Market
Forecast in 2034 |
USD 144.58 Billion |
|
CAGR % 2024-2034 |
6.4% |
|
Base
Year |
2023 |
|
Historic Data |
2019-2023 |
|
Forecast
Period |
2024-2034 |
|
Report USP
|
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
|
Segments
Covered |
By Type, By
Application and By Region |
|
Regional Scope |
North America,
Europe, APAC, South America and Middle East and Africa |
|
Country
Scope |
U.S.; Canada;
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Market Dynamics & Restraints
Global Glass Fibers & Specialty Synthetic Fibers Market
Opportunity:
We Market
Research: Dashboard
Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into global Glass Fibers & Specialty Synthetic Fibers market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.