Categories: Press Release

Indian Glass Fiber Market is expected to reach $636.6 Million by 2028- An exclusive market research report by Lucintel

Lucintel’s latest market report analyzed that Indian glass fiber provides attractive opportunities in pipe and tank, aerospace and defense, wind energy, electrical and electronics, construction, transportation, and marine end uses. The Indian glass fiber market is expected to reach $636.6 million by 2028 with a CAGR of 7.3%. In this market, wind energy is the largest segment by end use, whereas woven roving is largest by product type. Innovation trends focused on ultra-high modulus glass fiber and glass fiber based composites part using 3D technology provides strategic growth path in this market.

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Based on end use, the Indian glass fiber market is segmented into pipe and tank, aerospace, wind energy, electrical and electronics, construction, transportation, marine, and others. The wind energy 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 its various advantage like; corrosion resistance, high strength-to-weight ratio, low maintenance, and a longer lifecycle as compared to other traditional materials.

Browse in-depth TOC on “Indian Glass Fiber Market”

28 – Tables

44 – Figures

88 – Pages

The Indian Glass Fiber Market is marked by the presence of several big and small players. Some of the prominent players offering Indian glass fiber include Owens Corning, Jushi India Fiberglass Pvt. Ltd., 3B the Fiber Glass Company.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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