Lucintel’s latest market report analyzed that glass fiber in the global automotive composites provides attractive opportunities in interior, exterior, powertrain system/engine components, under the body, and electrical and electronics applications. The glass fiber in the global automotive composites market is expected to reach $2.7 billion by 2026 with a CAGR of 5.5%. In this market, SFT is the largest segment by intermediate material, whereas powertrain system/ engine components are largest by application. 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 intermediate material, the glass fiber in the global automotive composites market is segmented into SMC/BMC, LFT, SFT, CFT, phenolic molding compound, and others . The SFT segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to small complex shaped components in power train system/engine components applications.
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76 – Tables
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234 – 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, John’s Manville, CPIC, and Taishan Fiberglass.
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