There are signs for optimism in the global GFRP composites market. Factors
for growth include the recovery in the global economy and improving prospects in
various end-use markets. Because Glass Fibre composites are dependable,
predictable, versatile, and cost-effective for use, the demands for its use are
higher than ever before. The enormous potential in Asian countries, particularly
China and India, are likely to foster further growth in the glass fibre market.
The US and European countries are the leading regions for the research and
development of high performance glass fibre products while developing countries
are in the early stages of new product development. Visiongain assesses that the
global glass fibre reinforced plastic (GRFP) composites market will total
$29.4bn in 2013.
To Know More : World Glass Fibre Reinforced Plastic (GFRP) Composites Market 2013-2023 - Propects for Fibreglass & GRPs
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