Lucintel’s latest market report analyzed that glass fiber in the global automotive composites provides attractive opportunities in the exterior, interior, power train system, under body system, and electrical & electronics market. The glass fiber in the global automotive composites market is expected to reach $3.2 billion by 2027 with a CAGR of 6.2%. In this market, powertrain system/engine components is the largest segment by application, whereas short fiber thermoplastic (SFT) is largest by intermediate material. Development of high performance glass fiber provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/glass-fiber-automotive-composites-market.aspx Based on application, the glass fiber in the global automotive composites market is segmented into interior, exterior, powertrain system/engine components, under the body, electrical and electronics, and others. The powertrain system/engine components segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to growing demand for lightweight composite parts. Underbody system is expected to witness highest growth over the forecast period.
Browse in-depth TOC on “Glass Fiber in the Global Automotive Composites Market”
103 – Tables
182 – Figures
165 – Pages
The Glass Fiber in the Global Automotive Composites Market is marked by the presence of several big and small players. Some of the prominent players offering glass fiber in the global automotive composites include Owens Corning, Jushi Group Co., Ltd., Johns Manville Corporation, Chongqing Polycomp International Corporation, Taishan Fiberglass Inc., 3B the Fiber Glass Company ( Goa Glass Fiber), Nitto Boseki Co. Ltd, Nippon Electric Glass Co. Ltd., and Lanxess.
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