Do you know which industry will have the largest future increase in demand for fiberglass?

  Wind power is likely to become the fastest-growing sector for fiberglass demand. New wind power capacity is projected to reach 95 gigawatts by 2024, a year-on-year increase of 25%, with considerable room for further growth.

  Fiberglass is an indispensable material for wind turbine blades. According to professional institutions, the demand for fiberglass in the wind turbine blade sector is estimated to be close to 1.3 million tons in the past two years. Although carbon fiber is replacing fiberglass in offshore wind power, it has not yet reached a stage of rapid penetration. The main reason is the significant price difference between the two. Fiberglass is more economical. In current parlance, "carbon fiber cannot be used, but fiberglass offers better value for money."