According to a market report by Lucintel, the future of the glass fiber in the global marine market looks promising with opportunities in the hull, deck, bulkhead, and hatch cover markets. The global glass fiber in the global marine market is expected to grow with a CAGR of 3.7% from 2024 to 2030. The major drivers for this market are growing demand for lightweight and corrosion-resistant materials in marine construction, technological advancements in glass fiber manufacturing, and increasing focus on sustainability and environmental regulations.
A more than 150-page report to understand trends, opportunity and forecast in glass fiber in the global marine market to 2030 by product type (DUCS, single end roving, multi-end roving, yarn, and continuous filament mat), manufacturing process (hand lay-up, spray up, resin infusion, filament winding, pultrusion, compression molding, prepreg layup, injection molding, and others), application (hulls, decks, bulkheads, hatch cover, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the product type category, single end roving is expected to witness the highest growth over the forecast period.
Within the application category, hull is expected to witness the highest growth.
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In terms of regions, APAC is expected to witness the highest growth over the forecast period.
Qorvo, Microchip Technology, Broadcom, Analog Devices, Infineon Technologies, Sumitomo Electric Industries, Win Semiconductors are the major suppliers in the glass fiber in the global marine market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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