Market Overview:
The global fiberglass yarn market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fiberglass yarn from various end-use industries, such as electro & electronics, transport, construction, sport & leisure and others. Fiberglass yarn is used in various applications owing to its properties such as high strength-to-weight ratio, corrosion resistance and thermal insulation. Asia Pacific is expected to be the fastest growing region in the global fiberglass yarn market during the forecast period due to rising demand for fiberglass yarn from countries such as China and India.
Product Definition:
A fiberglass yarn is a type of fiber that is made from glass. It is often used in textiles and composites. Fiberglass yarn can be woven into fabrics, or it can be used to create composites with other materials.
Fiber Yarn:
Fiber yarn is a continuous length of fiber-reinforced polymer. It can be used in various applications like as an ingredient in the production of fabrics, home furnishings, and industrial products; or it can be used as a reinforcing material for composites.
Fiber Roving:
Fiber roving is a continuous fiber that has been pulled from the protective covering of the bale and can be used as an alternative to staple fibers in various applications. Fiberglass yarns are made by spinning fiber rovings together with other fibers such as glass, nylon or cotton. The end product is usually a multi-filament yarn which can be used for making clothing, bags and carpets among others.
Application Insights:
The construction application segment led the global market and accounted for more than 30.0% share of the overall revenue in 2017. The product is widely used in residential, commercial, and industrial construction applications owing to its lightweight properties and high tensile strength. It is also used in non-structural components such as cladding panels, insulation products, flooring systems & subfloorings on account of its superior mechanical properties along with excellent aesthetics when compared to steel or aluminum alternatives.
Fiberglass yarns are increasingly being utilized for manufacturing a wide range of sports equipment including tennis rackets (handle), golf clubs (rackets), badminton racquets & shuttlecocks among others due to their light weight characteristics which enhance player performance during games or matches played on them resulting in higher consumer interest towards these sporting goods which positively impacts industry growth over the forecast period.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of major players, technological advancements, and high demand for consumer goods coupled with industrial products such as fishing nets and booms. The U.S., being one of the largest producers, consumers, and exporters of textiles has been witnessing an increasing demand for fiberglass yarn since long due to its excellent properties such as lightweight & strength along with weather resistance which makes it suitable for use in various applications including automotive interior materials like carpets, mats & flooring materials like tiles & tarpaulins etc., sports equipment etc.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and marine sectors
- Growing popularity of fiberglass yarn in composites manufacturing owing to its superior properties
- Rising investments by key players in research and development to develop innovative products
- Proliferation of new applications for fiberglass yarn in a wide range of industries
- Growing awareness about the benefits of fiberglass yarn among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiberglass Yarn Market Research Report
By Type
Fiber Yarn, Fiber Roving
By Application
Electro & Electronics, Transport, Construction, Sport & Leisure, Others
By Companies
Owens Corning, Jushi Group, PPG Industries, CPIC, Taishan Fiberglass (Sinoma), Advanced Glassfiber Yarns, Binani-3B, Johns Mansville, Nippon Electric Glass, Nittobo, Saint-Gobain Vetrotex, Taiwan Glass Group, Valmiera Glass Group, Sichuan Weibo New Material Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Fiberglass Yarn Market Report Segments:
The global Fiberglass Yarn market is segmented on the basis of:
Types
Fiber Yarn, Fiber Roving
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electro & Electronics, Transport, Construction, Sport & Leisure, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Owens Corning
- Jushi Group
- PPG Industries
- CPIC
- Taishan Fiberglass (Sinoma)
- Advanced Glassfiber Yarns
- Binani-3B
- Johns Mansville
- Nippon Electric Glass
- Nittobo
- Saint-Gobain Vetrotex
- Taiwan Glass Group
- Valmiera Glass Group
- Sichuan Weibo New Material Group
Highlights of The Fiberglass Yarn Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fiber Yarn
- Fiber Roving
- By Application:
- Electro & Electronics
- Transport
- Construction
- Sport & Leisure
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fiberglass Yarn Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fiberglass yarn is made from a blend of glass and cotton. It is strong, durable, and heat-resistant. Fiberglass yarn can be used for a variety of projects, including knitting and crochet.
Some of the major players in the fiberglass yarn market are Owens Corning, Jushi Group, PPG Industries, CPIC, Taishan Fiberglass (Sinoma), Advanced Glassfiber Yarns, Binani-3B, Johns Mansville, Nippon Electric Glass, Nittobo, Saint-Gobain Vetrotex, Taiwan Glass Group, Valmiera Glass Group, Sichuan Weibo New Material Group.
The fiberglass yarn market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fiberglass Yarn Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fiberglass Yarn Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fiberglass Yarn Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fiberglass Yarn Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fiberglass Yarn Market Size & Forecast, 2020-2028
4.5.1 Fiberglass Yarn Market Size and Y-o-Y Growth
4.5.2 Fiberglass Yarn Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fiber Yarn
5.2.2 Fiber Roving
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electro & Electronics
6.2.2 Transport
6.2.3 Construction
6.2.4 Sport & Leisure
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fiberglass Yarn Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fiberglass Yarn Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fiber Yarn
9.6.2 Fiber Roving
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electro & Electronics
9.10.2 Transport
9.10.3 Construction
9.10.4 Sport & Leisure
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fiber Yarn
10.6.2 Fiber Roving
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electro & Electronics
10.10.2 Transport
10.10.3 Construction
10.10.4 Sport & Leisure
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fiber Yarn
11.6.2 Fiber Roving
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electro & Electronics
11.10.2 Transport
11.10.3 Construction
11.10.4 Sport & Leisure
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fiber Yarn
12.6.2 Fiber Roving
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electro & Electronics
12.10.2 Transport
12.10.3 Construction
12.10.4 Sport & Leisure
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fiber Yarn
13.6.2 Fiber Roving
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electro & Electronics
13.10.2 Transport
13.10.3 Construction
13.10.4 Sport & Leisure
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fiberglass Yarn Market: Competitive Dashboard
14.2 Global Fiberglass Yarn Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Owens Corning
14.3.2 Jushi Group
14.3.3 PPG Industries
14.3.4 CPIC
14.3.5 Taishan Fiberglass (Sinoma)
14.3.6 Advanced Glassfiber Yarns
14.3.7 Binani-3B
14.3.8 Johns Mansville
14.3.9 Nippon Electric Glass
14.3.10 Nittobo
14.3.11 Saint-Gobain Vetrotex
14.3.12 Taiwan Glass Group
14.3.13 Valmiera Glass Group
14.3.14 Sichuan Weibo New Material Group
