In 2023, the sold production of slivers, rovings, yarn, and chopped strands of glass fibre in Italy was valued at approximately 181.1 million Euros. Forecasted values from 2024 to 2028 show a steady increase, with a Compounded Annual Growth Rate (CAGR) of about 2.12%. Specifically, the year-on-year growth ranges from 2.83% to 2.53%, indicating a stable upward trend in demand and production value.
Future trends to watch for:
- Potential impacts of technological advancements in glass fibre production.
- Global market dynamics and demand shifts in related industries such as automotive and construction.
- Regulatory changes focusing on sustainability and material innovation.