Fiberglass industry is projected to grow from USD 18.39 Billion in 2023 to USD 23.29 Billion by 2030
March 8, 2023 ⚊ 1 Min read ⚊ Views 42 ⚊ BUSINESS
Fiberglass goods are extensively employed in a variety of applications due to their higher strength-to-weight ratio, which is a crucial consideration in the manufacture of automobiles. Materials with great strength and low weight are used in the production process to enable the cars to achieve high mileage and improved fuel economy. To fulfill CAFE (Corporate Average Fuel Economy), which is pushing the usage of glass fiber composites in the automobile sector, several nations are concentrating on the manufacturing of lightweight cars. Hence, one of the key factors boosting the growth
Tags: Fiberglass Market
