Lucintel Estimates China Glass Fiber Market to Register High Growth over 2013-2018

Worldwide, February 6, 2015 (Newswire.com) - China’s glass fiber industry is expected to post good growth over 2013-2018. China is one of the world’s fastest growing economies and trade analysts agree that its potential as a market is expected to increase significantly in future. This report considers glass fiber reinforced materials for a variety of markets such as pipe and tank, transportation, wind energy, aerospace and defense, construction, marine, electrical and electronics, and others.

Lucintel, a leading global management consulting and market research firm, has analyzed the growth opportunities in China glass fiber marketand offers its findings in its comprehensive research report, “Growth Opportunities in China Glass Fiber Market 2013-2018: Trend, Forecast, and Competitive Analysis".

Lucintel has identified the applications/markets where there can be significant growth potential for glass fiber composites over 2013-2018. Glass fiber market is becoming highly competitive because of the emerging innovations as a principal tool for enhancing competition.

Lucintel identifiesabsence of standardization of end products, lack of automated production processes, and volatility in fuel pricesas major growth challenges. Increasing demand for durable, lightweight, non-corrosive components, low price of glass fiber as compared to other reinforcement materials, and ability to compete effectively with steel and aluminum are the drivers that provide the market with competitive advantage.

This market report is an indispensable reference guide for materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market. To make business, investment, and strategic decisions, you need timely, useful information these market reports fulfill these core needs. This Lucintel research report provides excellent understanding of recent market scope and overview, macroeconomic overview, relative market attractiveness by application, annual market trend, emerging trends, market forecasts, Porter's Five Forces Analysis, product launches, competitive landscape, and profitability trend and analysis of major market players.

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