According to a new market report published by Lucintel, the future of the global glass fiber market is attractive with opportunities in the end use industries such as transportation, construction, pipe and tank, electrical and electronics, wind energy, and consumer goods. The global glass fiber market is expected to reach an estimated $9.4 billion by 2022 and it is forecast to grow at a CAGR of 4.8% from 2017 to 2022 The major driver for market growth is the rise in demand for glass composite-made products, including bathtubs, pipes, tanks, printed circuit boards, wind blades, and automotive parts.