According to Cognitive Market Research, The Global Chopped Fiber market size is USD XX billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.00% from 2023 to 2030.
The increasing demand for Chopped Fibers is driven by its high strength-to-weight ratio as well as its flexural and tensile strength.
Demand for Civil Engineering remains higher in the Chopped Fiber market.
The 6mmcategory held the highest Chopped Fiber market revenue share in 2023.
North American Chopped Fiber will continue to lead, whereas the Asia-Pacific Chopped Fiber market will experience the most substantial growth until 2030.