Glass Fiber Yarn Market Size and Growth Report 2028

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:

Wind Energy
Automotive & Transportation
Building & Construction
Electronic & Electricals
Marine
Others

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

What are the major drivers for the global glass fiber yarn market?

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

Who are the top players operating in the global glass fiber yarn market?

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.

Which end-user industry type is expected to dominate the global glass fiber yarn market in the forecast period?

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.

Which region is expected to register the highest growth in the Global Glass Fiber Yarn Market share?

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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