DUBLIN, September 16, 2021–(BUSINESS WIRE)–The “Glass Fiber Reinforcements – A Global Market Overview” report has been added to ResearchAndMarkets.com’s offering.

Attributed to the slowdown in global economy and industrial activities worldwide amid the impact of novel coronavirus pandemic, global market for Glass Fiber Reinforcements has witnessed a significant decline in terms of both volumes and value. Recovering from the pandemic impact, global market is projected to reach 8.2 million metric tons by 2026, reflecting a CAGR of 5.9% during 2020-2026 analysis period, driven mainly by growth in the key application areas such as aerospace, automotive & transportation, pipes & tanks and wind energy.

While almost all application sectors of Glass Fiber Reinforcements were impacted negatively by the COVID-19 pandemic, Wind Energy sector has generally not had any negative impact but rather demand was accelerated at a healthy rate in 2020….

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