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Home > News > New study pegs glass fiber demand at 8.1 billion lb in 2011

September 14th, 2007

New study pegs glass fiber demand at 8.1 billion lb in 2011

Abstract:
A new market report from The Freedonia Group Inc. (Cleveland, Ohio) projects total glass fiber demand in the U.S. will grow 2.3 percent annually and reach 8.1 billion lb (3.67 million metric tonnes) in 2011, with a total value of $7 billion (USD). That number is smaller than it could be, says the report, because textile glass fiber growth is expected to slow as nanomaterials displace them in the maturing composites market and because there will be downward pressure on fiber prices as lower-cost glass enters the world market from Asia.

Source:
compositesworld.com

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