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Fiber Glass Yarn Market Size, Share Global Analysis Report, 2019–2026
Fiber Glass Yarn Market By Type (E-Glass, S-Glass, C-Glass, L-Glass, and Others (A Glass, ERC glass, and AE glass))and By Application (Decoration, Electrical Insulation, Fire Proofing Applications, Coating or Binder Chemistry, and Others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecast 2019–2026
Industry Insights
[195+ Pages Report] According to the report published by Facts Factors, the global fiber glass yarn market size was worth around USD 7,600 million in 2019 and is predicted to grow to around USD 11,500 million by 2026 with a compound annual growth rate (CAGR) of roughly 6.0% between 2020 and 2026. The report analyzes the global fiber glass yarn market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the fiber glass yarn market.
The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (Units) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.
We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the Fiber Glass Yarn market in our study.
Key Insights from Primary Research
- As per our primary respondents, the global fiber glass yarn market is set to grow annually at a rate of around 6.0%
- It was established through primary research that the global fiber glass yarn market was valued at around USD 7,600 million in 2019
- The “S-Glass” category, on the basis of type segmentation, was the leading revenue-generating category accounting for around 30% share, in 2019
- On the basis of application segmentation, the “electric insulation” category held the leading share at more than 35%, in 2019
- Based on the region, the Asia Pacific is expected to account for the revenue share in 2019 in the target market
Key Recommendations from Analysts
- As per our analysts, global fiber glass yarn is growing at a high CAGR and various end-use industries are aware of this potential market and applications of fiber glass yarn.
- Growing at a CAGR of around 6.0%, the global fiber glass yarn market provides numerous opportunities for all of the involved stakeholders across the entire value chain
- Our analysts have identified S-glass and electric insulation are dominating segments for global fiber glass yarn market in terms of type and application segmentations respectively
Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the fiber glass yarn market. It also encompasses PESTLE analysis and SWOT analysis.
The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the fiber glass yarn market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the fiber glass yarn market.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 7,600 Million |
Projected Market Size in 2026 |
USD 11,500 Million |
CAGR Growth Rate |
6.0% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Saint-Gobain /Vetrotex, Bally Ribbon Mills (BRM)AGY, Culimeta, Hiltex, BTTO s.r.o., Valmiera Glass Group., Taiwan Glass, Nittobo, Sichuan Fiber Glass, Porcher, PFG Taiwan, Jinwu glass fiber CO., LTD., and Others |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The research study provides a critical assessment of the fiber glass yarn industry by logically segmenting the market on the basis of type, application, and region. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026.
The regional segmentation of the fiberglass yarn industry includes the holistic bifurcation of all five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Increasing adoption of fiberglass yarn is various industrial end-users across the globe owing to its unique material properties is a major factor driving the growth of the global market. In addition to this growing demand for glass fiber yarn in aerospace, construction and the automotive sector as a thermal insulator is another factor anticipated to boost the growth of the global market in the near future. However, the production process of fiberglass yarn is very complicated as it requires specific equipment along with skillful workers which restraining the growth of the target market.
The fiber glass yarn market is segmented based on type and application. On the basis of type segmentation, the market is classified into E-Glass, S-Glass, C-Glass, L-Glass, and Others (A Glass, ERC glass, and AE glass). In terms of application segmentation, the market is bifurcated as decoration, electrical insulation, fire proofing applications, coating or binder chemistry, and others.
Some of the essential players operating in the fiber glass yarn market, but not restricted to include
- Saint-Gobain /Vetrotex
- Bally Ribbon Mills (BRM)AGY
- Culimeta
- Hiltex
- BTTO s.r.o.
- Valmiera Glass Group.
- Taiwan Glass
- Nittobo
- Sichuan Fiber Glass
- Porcher
- PFG Taiwan
- Jinwu glass fiber CO. LTD.
- and Others
The taxonomy of the fiber glass yarn market by its scope and segmentation is as follows:
By TypeSegmentation Analysis
- E-Glass
- S-Glass
- C-Glass
- L-Glass
- Others (A Glass, ERC glass, and AE glass)
By Application Segmentation Analysis
- Decoration
- Electrical Insulation
- Fire Proofing Applications
- Coating or Binder Chemistry
- Others
Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:
- Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
- Direct and Indirect Rationales Impacting the Industry
- In-depth and Micro Analysis of Viable Segments and Sub-segments
- Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
- Demand Side (Consumption) and Supply Side (Typeion) Perspective and Analysis wherever applicable
- Key Buyers and End-Users Analysis
- Value Chain and Manufacturing Cost Structure Analysis wherever relevant
- Key Marketing Strategies as well as Key Sales Channels adopted in the market
- Investment Opportunity Analysis & Patents Analysis wherever feasible
- Technological Road Map & Technical Analysis
- Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)
Table of Content
Industry Major Market Players
- Saint-Gobain /Vetrotex
- Bally Ribbon Mills (BRM)AGY
- Culimeta
- Hiltex
- BTTO s.r.o.
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