Glass fiber is a very good substitute for metal materials. With the rapid development of the market economy, glass fiber has become an indispensable raw material for construction, transportation, electronics, electrical, chemical, metallurgy, environmental protection, national defense and other industries. Because it is widely used in many fields, glass fiber has been paid more and more attention by people. The world's major glass fiber production and consumption countries are mainly developed countries such as the United States, Europe, and Japan, and their per capita glass fiber consumption is high. Europe is still the largest area of glass fiber consumption, accounting for 35% of the world's total consumption.
Since 2008, glass fiber companies around the world have become more cautious about expansion plans, and the world's glass fiber production capacity has grown slowly. In 2010, the global continuous glass fiber production capacity was 4.715 million tons, which is expected to be 5.3 million tons.
