Chemicals and Materials Fiberglass Mold Market New
According to the new research report "Fiberglass Mold Market by Resin Type (Epoxy,
Vinyl Ester, Polyester), End-Use Industry (Wind Energy, Marine, Aerospace &
Defense, Automotive & Transportation, Construction & Infrastructure), and Region -
Global Forecast to 2024", published by MarketsandMarkets™, the Fiberglass Mold Market
is expected to grow from USD 309 million in 2019 to USD 468 million by 2024, at a CAGR of
8.7% during the forecast period. The Fiberglass Mold Market is witnessing a significant
growth because of the growing demand from various industries such as marine,
automotive & transportation, and wind energy. Fiberglass molds are helpful in providing
dimensionally accurate, lightweight, and strong composite materials.
Browse in-depth TOC on "Fiberglass Mold Market"
67 – Tables
34 – Figures
111 – Pages
https://www.marketsandmarkets.com/Market-Reports/fiberglass-mold-market-
178506084.html
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The wind energy end-use industry is estimated to account for the largest share of the
Fiberglass Mold Market in 2019.
Wind energy is an important end-use industry for a fiberglass mold. Wind blade molds are
manufactured with sandwich construction with composite materials. The fiberglass molds
are the most widely used molds for manufacturing composites wind blades. Increasing
demand for renewable energy sources for generating electricity and falling wind energy
costs are expected to increase the installation of wind turbines during the forecast period.