Booming Automotive Industry to Become Cornerstone of Growth for Glass Fiber Market.pdf

TMR’s findings also indicate that major companies are focusing on aligning their research and development activities to develop improved product portfolio. For instance, Jiangsu Jiuding New Material Co. Ltd. invested about US$3.2 mn in R&D in 2013. This move ena-bled the company to create 44 technology and product patents. Similarly, Nippon Electric Glass Co., Ltd. is gunning for expanding its capacities to improve its market position and cater to the pharmaceutical sector as well.

Booming Automotive Industry to Become Cornerstone of Growth for Glass Fiber Market.pdf

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