Glass Fiber Yarn Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (E-Glass, S-Glass, and Others), By Yarn Type (Single Yarn, Piled Yarn, and Others), By Application (PCB, Structural Parts, Façade, Marble & Mosaic Tiles, and Others), By End User Industry (Wind Energy, Automotive & Transportation, electronic & electricals, Building & Construction, Marine, and Others), By Region and Competition

  • Industry : Chemicals
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  • Published Date : NA
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Summary

Report Description

Global glass fiber yarn market is anticipated to increase at an impressive rate through 2028. Glass fibers yarn is a kind of yarn with comparatively allied glass fiber avoiding any weave. Glass fibers are used to strengthen the plastic or surfaces to increase tensile strength, flex modulus, impact resistance, dimensional constancy, heat, chemical, and worm resistance. There are different types of yarns, such as E-glass, high-strength (HS)-glass, S- glass, and corrosion-resistant (CR)-glass. Each glass type has specific characteristics and different purposes according to their features.

Growing demand from various end user for construction, automobile, sports, fishers, aerospace, and manufacturing are the crucial factors that impel the market's growth. The standard of living and demand of eco-friendly product leads to an increase in the demand for consumer goods and products as well as related industries. Furthermore, government regulation over trades, such as free trade agreements, bilateral agreements, and regional trade agreements are encouraging import and export that propel the market growth. Thus, it is expected that the global glass fiber yarn market will be grow in the projected year.

Rising demand from Construction Industries

Advanced characteristics possessed by glass fiber yarn such as tensile strength, flex modulus, impact resistance, dimensional constancy, and heat resistance have significantly increased the demand for glass fiber yarn across construction industry. Additionally, glass fiber yarn are resistant to chemical and worms. All these properties help industries to create a lighter and more rigid products that can be used to make desired finished goods. Glass fibers can be molded into different shapes and provide low thermal conductivity that make this product to use in walls for insulation and in concrete to increase strength in low cost. Due to these properties, it is used in production of window and gate frames that expand and contract scantly with temperature fluctuations. Thus, the demand for glass fiber yarn is accepted to rise to satisfy the need for high strength, wall-insulation, and different shape products. The flourishing construction industry is expected to increase the demand for glass fiber yarn market in the coming years.

Growing Demand for Production Power Generation Machinery

The core area of today's development is revolved around renewable and sustainable development. Electricity is considered as significant component of modern development This situation will lead to demand for renewable energy and shifting the market to opt for new power generation method and machinery. Due to its properties, different machinery part of the power generation industry such as scrubbers, tank farms, and others use fiberglass as basic component. Apart from these, glass fiber yarn is used to make printed circuit boards (PCBs) that are used in different electronic devices. Hence, it is expected that the demand for glass fiber yarn rise as the demand of power generation product and its related product grows.

Increasing Demand for Electricity from Sustainable Sources

The growing awareness related to environment and sustainability has significantly increased over the years. This in turn has increased the demand for renewable energy, especially wind energy which is one of the best renewable energy sources. The turbine blades of wind energy are made from glass fiber yarn, making them stiff and lighter in weight. As the technology is emerging, there are huge prospects for the growth of glass fiber yarn market in the coming years.

Product Launch

In December 2022, LAMILUX, a European-based glass fibre-reinforced composite plastics provider has launches “LAMILUX Sunsation”. It is based on innovative gel coat technology that provide better UV resistance than the gelcoats currently available in the market.


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Market Segmentation

Global Glass Fiber Yarn market is based on type, Yarn type, application, and end-user industry. Based on type, the market is divided into E-glass, S-glass, and others. Based on yarn type, market is divided into single yarn, piled yarn, and others. Based on application, market is divided into PCB, structural parts, façade, marble & mosaic tiles, and others. Based on end user industry, market is divided into wind energy, automotive & transportation, electronic & electricals, building & construction, marine, and others.

Market Players

Saint-Gobain S.A, Owens Corning Composite Materials, LLC, Jushi Group Ltd, Nippon Electric Glass Co. Ltd, Chongqing Polycomp International Corporation, AGY Holdings Corp., China Beihai Fiberglass Co. Ltd., Taiwan Glass Industry Corp., Fulltech Industries Corp., are some of the key players operating in the Global Glass Fiber Yarn Market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in tons and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, Volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

Type

Yarn Type

Application

End User Industry

Regional scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China; India; Japan; Australia; Malaysia; Germany; France; United Kingdom; Spain; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia; Egypt; Turkey.

Key companies profiled

Saint-Gobain S.A, Owens Corning Composite Materials, LLC, China Jushi Group Ltd, Nippon Electric Glass Co. Ltd, Chongqing Polycomp International Corporation, AGY Holdings Corp., China Beihai Fiberglass Co. Ltd., Taiwan Glass Industry Corp., Fulltech Industries Corp.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global glass fiber yarn market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Glass Fiber Yarn Market, By type:
    • E-Glass
    • S-Glass
    • Others PVC 
  • Glass Fiber Yarn Market, By Yarn type:
    • Single Yarn
    • Piled Yarn
    • Others
  • Glass Fiber Yarn Market, By application:
    • PCB
    • Structural Parts
    • Façade
    • Marble & Mosaic Tiles
    • Others
  • Glass Fiber Yarn Market, By end user industry:
  • Global Glass Fiber Yarn Market, By region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Malaysia
      • Australia
      • Japan
    • Europe & CIS
      • Germany
      • France
      • United Kingdom
      • Spain
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Egypt

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global GLASS FIBER YARNmarket.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Glass Fiber Yarn Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Global Glass Fiber Yarn Market Outlook

4.1.  Market Size & Forecast

4.1.1.     By Value & Volume

4.2.  Market Share & Forecast

4.2.1.     By Type (E-Glass, S-Glass, Others)

4.2.2.     By Yarn Type (Single Yarn, Piled Yarn, Others)

4.2.3.     By Application (PCB, Structural Parts, Façade, Marble & Mosaic Tiles, Others)

4.2.4.     By End User Industry (Wind Energy, Automotive & Transportation, Building & Construction, Marine, Others)

4.2.5.     By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

4.2.6.     By Company (2022)

4.3.  Market Map

4.3.1.     By Type

4.3.2.     By Yarn Type

4.3.3.     By Application

4.3.4.     By End User Industry

4.3.5.     By Region

5.    North America Glass Fiber Yarn Market Outlook

5.1.  Market Size & Forecast          

5.1.1.     By Value & Volume

5.2.  Market Share & Forecast

5.2.1.     By Type

5.2.2.     By Yarn Type

5.2.3.     By Application

5.2.4.     By End User Industry

5.2.5.     By Country

5.3.  Pricing Analysis

5.4.  North America: Country Analysis

5.4.1.     United States Glass Fiber Yarn Market Outlook

5.4.1.1.         Market Size & Forecast

5.4.1.1.1.             By Value & Volume

5.4.1.2.         Market Share & Forecast

5.4.1.2.1.             By Type

5.4.1.2.2.             By Yarn Type

5.4.1.2.3.             By Application

5.4.1.2.4.             By End User Industry

5.4.2.     Mexico Glass Fiber Yarn Market Outlook

5.4.2.1.         Market Size & Forecast

5.4.2.1.1.             By Value & Volume

5.4.2.2.         Market Share & Forecast

5.4.2.2.1.             By Type

5.4.2.2.2.             By Yarn Type

5.4.2.2.3.             By Application

5.4.2.2.4.             By End User Industry

5.4.3.     Canada Glass Fiber Yarn Market Outlook

5.4.3.1.         Market Size & Forecast

5.4.3.1.1.             By Value & Volume

5.4.3.2.         Market Share & Forecast

5.4.3.2.1.             By Type

5.4.3.2.2.             By Yarn Type

5.4.3.2.3.             By Application

5.4.3.2.4.             By End User Industry

6.    Europe Glass Fiber Yarn Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type

6.2.2.     By Yarn Type

6.2.3.     By Application

6.2.4.     By End User Industry

6.2.5.     By Country

6.3.  Pricing Analysis

6.4.  Europe: Country Analysis

6.4.1.     Germany Glass Fiber Yarn Market Outlook

6.4.1.1.         Market Size & Forecast

6.4.1.1.1.             By Value & Volume

6.4.1.2.         Market Share & Forecast

6.4.1.2.1.             By Type

6.4.1.2.2.             By Yarn Type

6.4.1.2.3.             By Application

6.4.1.2.4.             By End User Industry

6.4.2.     Spain Glass Fiber Yarn Market Outlook

6.4.2.1.         Market Size & Forecast

6.4.2.1.1.             By Value & Volume

6.4.2.2.         Market Share & Forecast

6.4.2.2.1.             By Type

6.4.2.2.2.             By Yarn Type

6.4.2.2.3.             By Application

6.4.2.2.4.             By End User Industry

6.4.3.     United Kingdom Glass Fiber Yarn Market Outlook

6.4.3.1.         Market Size & Forecast

6.4.3.1.1.             By Value & Volume

6.4.3.2.         Market Share & Forecast

6.4.3.2.1.             By Type

6.4.3.2.2.             By Yarn Type

6.4.3.2.3.             By Application

6.4.3.2.4.             By End User Industry

6.4.4.     France Glass Fiber Yarn Market Outlook

6.4.4.1.         Market Size & Forecast

6.4.4.1.1.             By Value & Volume

6.4.4.2.         Market Share & Forecast

6.4.4.2.1.             By Type

6.4.4.2.2.             By Yarn Type

6.4.4.2.3.             By Application

6.4.4.2.4.             By End User Industry

6.4.5.     Italy Glass Fiber Yarn Market Outlook

6.4.5.1.         Market Size & Forecast

6.4.5.1.1.             By Value & Volume

6.4.5.2.         Market Share & Forecast

6.4.5.2.1.             By Type

6.4.5.2.2.             By Yarn Type

6.4.5.2.3.             By Application

6.4.5.2.4.             By End User Industry

7.    Asia-Pacific Glass Fiber Yarn Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Yarn Type

7.2.3.     By Application

7.2.4.     By End User Industry

7.2.5.     By Country

7.3.  Pricing Analysis

7.4.  Asia-Pacific: Country Analysis

7.4.1.     China Glass Fiber Yarn Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value & Volume

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Type

7.4.1.2.2.             By Yarn Type

7.4.1.2.3.             By Application

7.4.1.2.4.             By End User Industry

7.4.2.     Japan Glass Fiber Yarn Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value & Volume

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Type

7.4.2.2.2.             By Yarn Type

7.4.2.2.3.             By Application

7.4.2.2.4.             By End User Industry

7.4.3.     India Glass Fiber Yarn Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value & Volume

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Type

7.4.3.2.2.             By Yarn Type

7.4.3.2.3.             By Application

7.4.3.2.4.             By End User Industry

7.4.4.     Malaysia Glass Fiber Yarn Market Outlook

7.4.4.1.         Market Size & Forecast

7.4.4.1.1.             By Value & Volume

7.4.4.2.         Market Share & Forecast

7.4.4.2.1.             By Type

7.4.4.2.2.             By Yarn Type

7.4.4.2.3.             By Application

7.4.4.2.4.             By End User Industry

7.4.5.     Australia Glass Fiber Yarn Market Outlook

7.4.5.1.         Market Size & Forecast

7.4.5.1.1.             By Value & Volume

7.4.5.2.         Market Share & Forecast

7.4.5.2.1.             By Type

7.4.5.2.2.             By Yarn Type

7.4.5.2.3.             By Application

7.4.5.2.4.             By End User Industry

8.    South America Glass Fiber Yarn Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Yarn Type

8.2.3.     By Application

8.2.4.     By End User Industry

8.2.5.     By Country

8.3.  Pricing Analysis

8.4.  South America: Country Analysis

8.4.1.     Brazil Glass Fiber Yarn Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value & Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Type

8.4.1.2.2.             By Yarn Type

8.4.1.2.3.             By Application

8.4.1.2.4.             By End User Industry

8.4.2.     Colombia Glass Fiber Yarn Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value & Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Type

8.4.2.2.2.             By Yarn Type

8.4.2.2.3.             By Application

8.4.2.2.4.             By End User Industry

8.4.3.     Argentina Glass Fiber Yarn Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value & Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Type

8.4.3.2.2.             By Yarn Type

8.4.3.2.3.             By Application

8.4.3.2.4.             By End User Industry

9.    Middle East and Africa Glass Fiber Yarn Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Yarn Type

9.2.3.     By Application

9.2.4.     By End User Industry

9.2.5.     By Country

9.3.  Pricing Analysis

9.4.  MEA: Country Analysis

9.4.1.     South Africa Glass Fiber Yarn Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value & Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Type

9.4.1.2.2.             By Yarn Type

9.4.1.2.3.             By Application

9.4.1.2.4.             By End User Industry

9.4.2.     Saudi Arabia Glass Fiber Yarn Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value & Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Type

9.4.2.2.2.             By Yarn Type

9.4.2.2.3.             By Application

9.4.2.2.4.             By End User Industry

9.4.3.     UAE Glass Fiber Yarn Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value & Volume

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Type

9.4.3.2.2.             By Yarn Type

9.4.3.2.3.             By Application

9.4.3.2.4.             By End User Industry

9.4.4.     Qatar Glass Fiber Yarn Market Outlook

9.4.4.1.         Market Size & Forecast

9.4.4.1.1.             By Value & Volume

9.4.4.2.         Market Share & Forecast

9.4.4.2.1.             By Type

9.4.4.2.2.             By Yarn Type

9.4.4.2.3.             By Application

9.4.4.2.4.             By End User Industry

9.4.5.     Egypt Glass Fiber Yarn Market Outlook

9.4.5.1.         Market Size & Forecast

9.4.5.1.1.             By Value & Volume

9.4.5.2.         Market Share & Forecast

9.4.5.2.1.             By Type

9.4.5.2.2.             By Yarn Type

9.4.5.2.3.             By Application

9.4.5.2.4.             By End User Industry

10.  Market Dynamics

10.1.              Drivers

10.2.              Challenges

11.  Market Trends & Developments

11.1.              Technological Advancements

11.2.              Product launch

11.3.              Merger and Acquisition

12.  Global Glass Fiber Yarn Market: SWOT Analysis

13.  Porter’s Five Forces Analysis

13.1.              Competition in the Industry

13.2.              Potential of New Entrants

13.3.              Power of Suppliers

13.4.              Power of Customers

13.5.              Threat of Substitute Product

14.  Competitive Landscape

14.1.              Business Overview

14.2.              Product Offerings

14.3.              Recent Developments

14.4.              Financials (As reported)

14.5.              Key Personnel

14.6.              SWOT Analysis

14.6.1.                Saint-Gobain S.A

14.6.2.                Owens Corning Composite Materials, LLC

14.6.3.                China Jushi Group Ltd

14.6.4.                Nippon Electric Glass Co. Ltd

14.6.5.                Chongqing Polycomp International Corporation

14.6.6.                AGY Holdings Corp.

14.6.7.                China Beihai Fiberglass Co. Ltd.

14.6.8.                Taiwan Glass Industry Corp.

14.6.9.                Fulltech Industries Corp.

14.6.10.             F.I.T Industrial Co., Ltd.

Strategic Recommendations

Figures and Tables

Frequently asked questions

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Growing demand for renewable energy and rising Infrastructural projects are expected are driving the demand for the global glass fiber yarn market.

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Saint-Gobain S.A, Owens Corning Composite Materials, LLC, China Jushi Group Ltd, Nippon Electric Glass Co. Ltd, Chongqing Polycomp International Corporation, AGY Holdings Corp., China Beihai Fiberglass Co. Ltd., Taiwan Glass Industry Corp., Fulltech Industries Corp. are the key players operating in the global glass fiber yarn market.

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Based on end-user industry type, the market is divided into wind energy, automotive & transportation, electronic & electricals, building & construction, marine, and others. The electronic & electricals segments are expected to capture the highest market share in the forecast period. Hence, this segment is dominated by electronic & electrical.

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The Asia-Pacific region is expected to register highest growth over the coming years. Due to regional government policy, availability of raw material, manufacturing proficiency, low-cost workforce availability, and innovation capabilities. China, Vietnam, India are the countries where manufacturing activities are very high and these countries are exporting their products worldwide to different end user industries. The global glass fiber yarn market is anticipated to increase due to the growing demand from paper & packaging, construction, woodworking, personal care, medical care from the regional manufacturing unit.

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Sakshi Bajaal

Business Consultant
Press Release

Glass Fiber Yarn Market to be Dominated by Electronic & Electricals Segment Through 2028

Jan, 2023

Growing demand for renewable energy and rising Infrastructural projects are expected to drive the demand for the Glass Fiber Yarn market in the forecast period 2024-2028.

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