The Global Glass Fiber Yarn Market Size, By Glass Fiber Type (E-Glass type, S-Glass type, Single Yarns, Multi-end Yarn,Coated Glass Yarn, Textile Glass Yarn, Other), By Yarn Type( Single Yarn, Piled Yarn, Other yarns), By Application (Printed Circuit Board (PCB), Structural Parts, Façade, Marble & Mosaic Tiles, Glass Fibre Wall Coverings, Electrical and Thermal Insulation, Grinding Wheel Reinforcements, Other) By End Use( Wind Energy, Aerospace, Automotive & Transportation, Building & Construction, Marine, Electrical & Electronics, Other) and By Region, Market Share & Forecast, Global Forecast to 2022 – 2027.
Global Glass Fiber Yarn Market
The Global Glass Fiber Yarn Market size is estimated to be USD 2.5 billion in 2022 and is projected to reach USD 3.5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period, 2022 – 2027.
The Global Glass Fiber Yarn market delivers a comprehensive evaluation of the market. It does give a comprehensive analysis via research study which observes historical data & emerging technology to determine the industry’s growth drivers.
The growth of the Glass Fiber Yarn Market is attributed to the rise in the demand from wind energy, electrical and electronics, and automotive and transportation industries. Glass fiber yarn is an efficient insulation material. But it is difficult to recycle, thus posing a major challenge for the glass fiber yarn industry.
In this report study, the key trend prospects & important drivers for the Glass Fiber Yarn market’s growth are explored and analysed in depth. The market dynamics included in the report includes drivers, restraints, opportunities, and challenges, which may have a positive or negative impact on market overall growth.
Global Glass Fiber Yarn Market Report Objective
This report helps the user understand the market in terms of definition, segmentation, market potential, key trends, and industry challenges. Industry analysis were undertaken across the report’s framework, which will help readers obtain a comprehensive scenario of the market. The market statistics & data were acquired from reliable sources such as websites, annual reports of companies, journals, and other publications, then double-checked and validated by industry experts.
This report also covers PORTER’S five forces to help determine several factors like the threat of substitutes, competitive analysis, power of buyer, supplier as well as the threat of new entry. The report has classified the Global Glass Fiber Yarn Market based on, Glass Fiber Type, Yarn Type, Application, End Use, and Region.
Key Players:
The Global Glass Fiber Yarn Market is dominated by major players such as Owens Corning, Jushi Group Co., Ltd., Shandong Yuxin Fibreglass Co. Ltd., Chongqing Polycomp International Corporation, Saint-Gobain S.A., Nippon Electric Glass Co. Ltd., AGY Holdings Corp., China Beihai Fiberglass Co., Ltd., Taiwan Glass Industry Corp., Nitto Boseki Co. Ltd., PFG Fiber Glass Corp, and Fulltech Industries Corp.
Market Taxonomy
By Glass Fiber Type
E-Glass type
S-Glass type
Single Yarns
Multi-end Yarn
Coated Glass Yarn
Textile Glass Yarn
Other
By Yarn Type
Single Yarn
Piled Yarn
Other yarns
By Application
Printed Circuit Board (PCB)
Structural Parts
Facade
Marble & Mosaic Tiles
Glass Fibre Wall Coverings
Electrical and Thermal Insulation
Grinding Wheel Reinforcements
Other
By End Use
Wind Energy
Aerospace
Automotive & Transportation
Building & Construction
Marine
Electrical & Electronics
Other
By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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