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Glass fibre composites market set to reach $45.12b by 2019

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Glass fibre composites market set to reach $45.12b by 2019
* : * : cqyangkai * : 2015-03-31 17:22:29 * : 93
China and India have enormous potential and are the fastest growing markets for GRP composites in the Asia-Pacific as well as globally, the reports says, whereas US and European countries are leading in R&D of high performance glass fibre products.
The transportation and aerospace/defence sectors accounted for 49% (by value) of the GRP composit-
es market in 2013. The highest growth is expected from the wind energy and the aerospace/defence markets in the near future.