Posts

Showing posts with the label fiberglass market 2023

Fiberglass Market Report, Global Share, Size, Demand and Price Trends 2023-2028

Image
The latest report published by IMARC Group, titled “ Fiberglass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, offers a comprehensive analysis of the industry, which comprises insights on the market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. How Big is the Fiberglass Market? The global fiberglass market size reached US$ 11.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028. Fiberglass is a composite material made from fine glass fibers woven into a fabric and bonded together with a plastic resin. Typically, glass fibers are made from various types of glass depending on the application, while the resin is usually a type of polymer like epoxy or polyester. The resultant material combines the strength and rigidity of glass with the flexibility and resilience of plastic, ma...