Biocatalysis and Biocatalysts Market Glass Fiber Market
Glass Fiber Market & Specialty Synthetic Fibers Market $14,240.53 Million by
2020
The report “Glass Fiber Market & Specialty Synthetic Fibers Market by Type (Para & Meta Aramid,
UHMW Polyethylene, Carbon Fiber, POA, Glass Fiber & Others ), by Application (Aerospace & Defense,
Automotive, Wind Energy, Safety, Friction Materials, etc.), and by Geography - Forecasts and Trends
to 2020” defines and segments the global glass fiber market and specialty synthetic fibers market with
an analysis and forecast of value by type, such as aramids, UHMW Polyethylene, carbon fiber, and
others. Additionally, the value and volume of glass fiber & specialty synthetic fibers by application and
region are also discussed in the report.
Browse 147 market data tables and 60 figures spread through 300 pages and in-depth TOC on “Glass
Fiber Market & Specialty Synthetic Fibers Market, by Type (Para & Meta Aramid, UHMW
Polyethylene, Carbon Fiber, POA, Glass Fiber & Others ), by Application (Aerospace & Defense,
Automotive, Wind Energy, Safety, Friction Materials, etc.), and by Geography - Forecasts and Trends
to 2020"
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The global glass fiber market and specialty synthetic fibers market is projected to register a market size
of about $14,240.53 Million by 2020, signifying CAGR of around 6.46% between 2015 and 2020.
The report includes identification and analysis of factors that drive and restraint the global glass fiber
market and specialty synthetic fibers market along with the opportunities and strengths. The market is
segmented and the value has been projected based on important regions, such as Asia-Pacific, North
America, Europe, and Rest of the World (RoW). Further, the market is segmented and the demand and
value are estimated based on various key applications of glass fiber and specialty synthetic fibers, such
as friction materials, reinforcement materials, safety applications, aerospace, ballistic protection,
commercial marine, medical, and other applications.
Europe & North America are the major markets for para aramid which are contributing to the growth
of the specialty synthetic fibers market
Europe is one of the major regions in terms of consumption of aramids. After effect of the economic
slowdown in 2008 on most of the industries in this region and the on-going recovery, the demand for
advanced materials is projected to rise. The demand for aramid in the European region is mainly driven
by the western European countries such as Germany, the U.K., and France. Stringent safety regulations
within various industries such as oil & gas, construction are fuelling the demand for protective clothing
which is driving the demand for aramids in the region. Friction materials required for high-end
automotive and other industrial sectors are also contributing to the growing aramid market in the
region.