<a href=”https://www.maximizemarketresearch.com/market-report/glass-fiber-reinforced-plastic-gfrp-composites-market/2291/”>Glass Fiber Reinforced Plastic Composites Market</a> is expected to reach USD 77.93 Billion by 2026 from USD 41.52 Billion in 2016 at a CAGR of 6.5%.
Glass fiber is a lightweight and durable fiber that are manufactured from very fine fibers of glass. As compared to carbon fibers, glass fibers offers high strength, thermal efficiency and low brittleness. Key players across the automotive, construction & infrastructure and aerospace & defence segments are likely to utilize composite materials that are lighter, cheaper and stronger. Escalating demand from the automotive sector as it helps to enhance fuel efficiency in vehicles due reduced weight.
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