The market scale of China's glass fiber composite industry is on the rise as a whole

The market scale of China's glass fiber composite industry is on the rise as a whole. The relevant application technology of composite materials has entered a mature stage. The glass fiber composite materials have obtained a large scale application market in China's wind power, chemical storage tanks, water pipelines, electrical insulation, boats, cooling towers, sanitary ware and other fields. The data shows that the total output of glass fiber composite products in China will reach 5.84 million tons in 2021, with a year-on-year increase of 14.51%. It is estimated that it will reach 6.77 million tons in 2023.

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