Market Overview:
The global glassfiber 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 glassfiber yarn from various end-use industries, such as automotive, construction, and wind energy. In terms of type, the electronic grade segment is expected to lead the global glassfiber yarn market during the forecast period. This can be attributed to its properties such as low weight and high strength that make it suitable for use in various electronic applications.
Product Definition:
A glass fiber yarn is a type of yarn made from glass fibers. Glass fiber yarns are used in a variety of applications, including textiles, insulation, and reinforcement. They are important because they are strong and durable, and can withstand high temperatures.
Electronic Grade:
Electronic grade is a high-performance yarn, which is made from glass fibers and has been used in the manufacturing of clothing. Electronic grade yarns are used for making sportswear, stockings, hosiery and other such products. The electronic grade fiber exhibits superior properties such as high strength & durability along with less moisture absorbency which makes it ideal for use in the production of sports apparel.
Industry Grade:
Industry grade is a high-quality, staple-free, non-reactive fiber that is used in the production of glassfiber yarn. It has superior properties such as low absorbency and less tendency to felt than other fibers including PET and polyester. Industry grade fiber also displays good dimensional stability during processing and has a lower shrinkage rate when compared with other fibers including PET & polyester.
Application Insights:
The glass chemistry segment dominated the global market in terms of revenue share in 2017. The segment is expected to witness significant growth over the forecast period owing to rising demand for glass fibers from various end-use industries such as building & construction, automotive and transportation, electronics, packaging and others.
The coating or binder chemistry segment accounted for a significant revenue share in 2017 due to increasing demand coatings based on polyester resins or epoxy resins using fiberglass as an essential raw material. Increasing use of these products for manufacturing roofing systems and siding & sheathing materials are among key factors driving the product demand globally.
Regional Analysis:
North America dominated the global glassfiber yarn market in 2017. The U.S., as a major producer and consumer of glass fiber, is expected to remain a key regional market over the forecast period. North America is also one of the largest producers and consumers of electronic grade glass fibers owing to their high tensile strength, which makes them suitable for use in manufacturing cables for various applications such as electric wires, ropes, nets & fences among others.
Asia Pacific region accounted for over 20% share in terms of revenue and volume in 2017 due to rapid industrialization coupled with increasing demand from end-use industries such as construction, automotive among others is anticipated to drive industry growth over the next eight years.
Growth Factors:
- Increasing demand from textile and apparel industry: The global textile and apparel industry is expected to grow at a CAGR of 3.8% from 2016 to 2021. This will lead to an increase in the demand for glassfiber yarns, as they are used extensively in the production of textiles and apparels.
- Growing popularity of composites: Glassfiber yarns are increasingly being used in the production of composites due to their high strength-to-weight ratio and excellent thermal insulation properties. This is expected to drive the growth of the glassfiber yarn market over the next few years.
- Rising demand for lightweight vehicles: With governments across the world focusing on reducing emissions, there is a growing demand for lightweight vehicles that consume less fuel. Glassfiber yarns are ideal materials for manufacturing lightweight vehicles as they are strong yet light weighting, which makes them an attractive choice for automotive manufacturers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Glassfiber Yarn Market Research Report
By Type
Electronic Grade, Industry Grade, Other
By Application
Glass Chemistry, Coating or Binder Chemistry, Other
By Companies
AGY, Saint-Gobain, PPG, Taiwan Glass, Nittobo, Valmiera Glass, Sichuan Fiber Glass, Glotech Industrial, Porcher, Bohemiatex, AGY
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Glassfiber Yarn Market Report Segments:
The global Glassfiber Yarn market is segmented on the basis of:
Types
Electronic Grade, Industry Grade, Other
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
Glass Chemistry, Coating or Binder Chemistry, Other
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:
- AGY
- Saint-Gobain
- PPG
- Taiwan Glass
- Nittobo
- Valmiera Glass
- Sichuan Fiber Glass
- Glotech Industrial
- Porcher
- Bohemiatex
- AGY
Highlights of The Glassfiber 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:
- Electronic Grade
- Industry Grade
- Other
- By Application:
- Glass Chemistry
- Coating or Binder Chemistry
- Other
- 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 Glassfiber 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?
Glassfiber yarn is made from a blend of glass and fiber. It's often used in high-end fabrics because it has a very smooth, silky feel.
Some of the key players operating in the glassfiber yarn market are AGY, Saint-Gobain, PPG, Taiwan Glass, Nittobo, Valmiera Glass, Sichuan Fiber Glass, Glotech Industrial, Porcher, Bohemiatex, AGY.
The glassfiber yarn market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Glassfiber 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 Glassfiber Yarn Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Glassfiber 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 Glassfiber 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 Glassfiber Yarn Market Size & Forecast, 2018-2028
4.5.1 Glassfiber Yarn Market Size and Y-o-Y Growth
4.5.2 Glassfiber Yarn Market Absolute $ Opportunity
Chapter 5 Global Glassfiber Yarn 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 Glassfiber Yarn Market Size Forecast by Type
5.2.1 Electronic Grade
5.2.2 Industry Grade
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Glassfiber Yarn 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 Glassfiber Yarn Market Size Forecast by Applications
6.2.1 Glass Chemistry
6.2.2 Coating or Binder Chemistry
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Glassfiber 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 Glassfiber 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 Glassfiber Yarn Analysis and Forecast
9.1 Introduction
9.2 North America Glassfiber Yarn 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 Glassfiber Yarn Market Size Forecast by Type
9.6.1 Electronic Grade
9.6.2 Industry Grade
9.6.3 Other
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 Glassfiber Yarn Market Size Forecast by Applications
9.10.1 Glass Chemistry
9.10.2 Coating or Binder Chemistry
9.10.3 Other
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 Glassfiber Yarn Analysis and Forecast
10.1 Introduction
10.2 Europe Glassfiber Yarn 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 Glassfiber Yarn Market Size Forecast by Type
10.6.1 Electronic Grade
10.6.2 Industry Grade
10.6.3 Other
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 Glassfiber Yarn Market Size Forecast by Applications
10.10.1 Glass Chemistry
10.10.2 Coating or Binder Chemistry
10.10.3 Other
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 Glassfiber Yarn Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Glassfiber Yarn 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 Glassfiber Yarn Market Size Forecast by Type
11.6.1 Electronic Grade
11.6.2 Industry Grade
11.6.3 Other
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 Glassfiber Yarn Market Size Forecast by Applications
11.10.1 Glass Chemistry
11.10.2 Coating or Binder Chemistry
11.10.3 Other
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 Glassfiber Yarn Analysis and Forecast
12.1 Introduction
12.2 Latin America Glassfiber Yarn 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 Glassfiber Yarn Market Size Forecast by Type
12.6.1 Electronic Grade
12.6.2 Industry Grade
12.6.3 Other
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 Glassfiber Yarn Market Size Forecast by Applications
12.10.1 Glass Chemistry
12.10.2 Coating or Binder Chemistry
12.10.3 Other
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) Glassfiber Yarn Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Glassfiber Yarn 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) Glassfiber Yarn Market Size Forecast by Type
13.6.1 Electronic Grade
13.6.2 Industry Grade
13.6.3 Other
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) Glassfiber Yarn Market Size Forecast by Applications
13.10.1 Glass Chemistry
13.10.2 Coating or Binder Chemistry
13.10.3 Other
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 Glassfiber Yarn Market: Competitive Dashboard
14.2 Global Glassfiber Yarn Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AGY
14.3.2 Saint-Gobain
14.3.3 PPG
14.3.4 Taiwan Glass
14.3.5 Nittobo
14.3.6 Valmiera Glass
14.3.7 Sichuan Fiber Glass
14.3.8 Glotech Industrial
14.3.9 Porcher
14.3.10 Bohemiatex
14.3.11 AGY
