Demand for E-CR Glass Fibers to Reach US$3.4B in 2022.

 

Industry Experts, Inc. published the new market research report on E-CR Glass Fibers. According to this comprehensive in-depth market report, exploring the market for major applications, entitled “E-CR Glass Fibers – A Global Market Overview” reveals that Asia-Pacific leads the global consumption for E-CR Glass Fibers, estimated at 43.3% share in 2017, which is also slated to post the fastest 2017-2022 CAGR of 6.2%.

E-CR glass fibers (E-Glass Corrosion Resistant) are glass fibers with high chemical and thermal resistance compared to traditional E-glass fibers. E-CR glass fiber is widely used in a wide range of applications designed to face corrosive environments. E-CR glass reinforced composites offer better performance over traditional glass fiber in oil & gas, power plants, mining, marine, green energy, and water and sewage treatment industries. Pipes & tanks segment is the largest user of E-CR glass fibers globally, while wind energy constitutes the fastest growing segment for the consumption of E-CR glass fibers followed by pipes & tanks.

The report reviews, analyses and projects the E-CR Glass Fibers market for the period 2014-2022, globally and the regional markets comprising North America, Europe, Asia-Pacific and Rest of World in terms of volumes in thousand metric tons and value in USD million. The global market for major applications of E-CR Glass Fibers analyzed in this report comprises Automotive & Transportation, Marine, Wind Energy, Pipes & Tanks, Building & Construction, Electrical & Electronics, Consumer Goods and Other applications.

 

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