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(USGovernment-News.Com, April 30, 2019 ) Composite industry mainly uses glass fiber which is most commonly utilized in aerospace for the purpose of replacing the heavy metal parts. The high performance level can be achieved using glass fiber depending upon the glass type, fiber form, and filament diameter. Increase in fuel efficiency by reducing the vehicle weight is surging the growth of automotive glass fiber composites.
Key Benefits: • To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Automotive Glass Fiber Composites Market • To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
Some of the key players influencing the market are Braj Binani Group, FIBRE GLASS INDUSTRIES, Jiangsu Changhai Composite Materials Co., Ltd., Kemrock Industries and Exports Limited, Lintex International Company Ltd., PlastiComp, Inc., PPG Industries, Inc., Smart Material Corp., ZCL Composites Inc. and Molded Fiber Glass Companies.
The major driver fueling the growth of automotive glass fiber composites are the growing demand for lightweight & durable material and increasing automotive production. The recyclability of glass fiber can hinder the growth of automotive glass fiber composites. Increasing infrastructure activities and growing demand for automotive industry is expected to witness the growth of automotive glass fiber composites in coming years.
The "Global Automotive Glass Fiber Composites Market Analysis to 2025" is a specialized and in-depth study of the automotive glass fiber composites industry with a focus on the global market trend. The report aims to provide an overview of global automotive glass fiber composites market with detailed market segmentation by production type, intermediate material, and geography. The global automotive glass fiber composites market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the automotive glass fiber composites players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive glass fiber composites market based on production type and intermediate material. It also provides market size and forecast till 2025 for overall forklifts market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
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