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(Transportation-News.com, October 04, 2016 ) The report “Glass Fiber Market & Specialty Synthetic Fibers Market by Type (Para & Meta Aramid, UHMW Polyethylene, Carbon Fiber, POA, Glass Fiber & Others ), by Application (Aerospace & Defense, Automotive, Wind Energy, Safety, Friction Materials, etc.), and by Geography - Forecasts and Trends to 2020” defines and segments the global glass fiber market and specialty synthetic fibers market with an analysis and forecast of value by type, such as aramids, UHMW Polyethylene, carbon fiber, and others. Additionally, the value and volume of glass fiber & specialty synthetic fibers by application and region are also discussed in the report.
Browse 147 market data tables and 60 figures spread through 300 pages and in-depth TOC on “Glass Fiber Market & Specialty Synthetic Fibers Market, by Type (Para & Meta Aramid, UHMW Polyethylene, Carbon Fiber, POA, Glass Fiber & Others ), by Application (Aerospace & Defense, Automotive, Wind Energy, Safety, Friction Materials, etc.), and by Geography - Forecasts and Trends to 2020" <||>rnhttp://www.marketsandmarkets.com/Market-Reports/specialty-synthetic-glass-fiber-market-39906130.html
Download PDF : http://bit.ly/1t1GGll
The global glass fiber market and specialty synthetic fibers market is projected to register a market size of about $14,240.53 Million by 2020, signifying CAGR of around 6.46% between 2015 and 2020.
The report includes identification and analysis of factors that drive and restraint the global glass fiber market and specialty synthetic fibers market along with the opportunities and strengths. The market is segmented and the value has been projected based on important regions, such as Asia-Pacific, North America, Europe, and Rest of the World (RoW). Further, the market is segmented and the demand and value are estimated based on various key applications of glass fiber and specialty synthetic fibers, such as friction materials, reinforcement materials, safety applications, aerospace, ballistic protection, commercial marine, medical, and other applications.
Europe & North America are the major markets for para aramid which are contributing to the growth of the specialty synthetic fibers market
Europe is one of the major regions in terms of consumption of aramids. After effect of the economic slowdown in 2008 on most of the industries in this region and the on-going recovery, the demand for advanced materials is projected to rise. The demand for aramid in the European region is mainly driven by the western European countries such as Germany, the U.K., and France. Stringent safety regulations within various industries such as oil & gas, construction are fuelling the demand for protective clothing which is driving the demand for aramids in the region. Friction materials required for high-end automotive and other industrial sectors are also contributing to the growing aramid market in the region.
North America is the major region in terms of production and consumption of aramids. Globally, this market is the leader with respect to demand as well as product innovation in terms of quality and application development. Major countries in North America are the U.S. (the most dominant market, accounting for a significant market share) and Canada.
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