The global fiberglass market was valued at USD 13,155.3 Million in 2020 and is projected to reach USD 18,648.7 Million by the year 2027. The market is expected to witness a CAGR of 5.8% during the forecast period.

At present, the application fields of FRP products in my country are continuously expanding, from the initial aerospace ablation and heat protection components to the current aerospace, aviation, shipping, transportation, energy, construction, petroleum, chemical, energy saving and environmental protection, electronic appliances, medical care, sports Equipment and other fields of national defense and national economy.

At present, the application fields of FRP products in my country are continuously expanding, from the initial aerospace ablation and heat protection components to the current aerospace, aviation, shipping, transportation, energy, construction, petroleum, chemical, energy saving and environmental protection, electronic appliances, medical care, sports Equipment and other fields of national defense and national economy.

Fiberglass is a composite material that has developed rapidly in the past fifty years. 70% of the output of glass fiber is used to make fiberglass.