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September 5, 2012

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Glass fiber market

THE global glass fiber market is forecast to grow 7 percent annually between 2011 and 2016 on rising demand for composite materials, according to Owens Corning.

China, the world's largest market, will continue to lead with its high single-digit annual industrial production growth rate over the next decade, Paul Wei, managing director for China Glass Reinforcements at Owens Corning, said. The company opened a new research center for composite materials in Chuansha on the outskirts of Shanghai yesterday.




 

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