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Fiberglass Yarn Sales Are Rising at 4.9% Cagr From 2022 to 2032
2 months ago
4 min read

Fiberglass Yarn Sales Are Rising at 4.9% Cagr From 2022 to 2032

The fiberglass yarn market refers to the global market for yarn made from fiberglass fibers. Fiberglass yarn is a type of industrial yarn that is used in various applications such as insulation, filtration, composites, and construction materials. The market for fiberglass yarn is driven by the growing demand for lightweight and high-strength materials in various end-use industries. The use of fiberglass yarns in composites is also driving the market growth due to their excellent strength-to-weight ratio and resistance to corrosion and chemicals.

The increasing demand for insulation materials in the building and construction industry is another factor driving the market growth. Fiberglass yarns are used in the production of thermal insulation materials, which are used to insulate buildings, industrial equipment, and pipes.

The Asia-Pacific region is expected to dominate the fiberglass yarn market due to the presence of large-scale manufacturing facilities and the growing demand for fiberglass yarns in various end-use industries. North America and Europe are also significant markets due to the increasing demand for composites and insulation materials in these regions. Some of the key players operating in the fiberglass yarn market include Owens Corning, PPG Industries, Jushi Group Co., Ltd., Saint-Gobain S.A., Taishan Fiberglass Inc., Chongqing Polycomp International Corp., and Taiwan Glass Industry Corp.

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Key findings of the Fiberglass Yarn market study:

  • The report provides a present market outlook on Fiberglass Yarn. Additionally, the Fiberglass Yarn market share is anticipated to grow with a CAGR of 4.9% in the forecast period.

  • Regional breakdown of the Fiberglass Yarn market based on predefined taxonomy.

  • Innovative manufacturing processes implemented by Fiberglass Yarn vendors in detail.

  • Region-wise and country-wise fragmentation of the Fiberglass Yarn market to grasp the revenue, and growth outlook in these areas.

  • Changing preferences among consumers across various regions and countries.

  • Factors (Positive and Negative) impacting the growth of the global Fiberglass Yarn market.

  • Fiberglass Yarn price, market share, and Trends forecast for assessment period 2022-2032

Segmentation of Fiberglass Yarn Industry Research

·         By Product Type :

  • Fine Yarn

    • Ultra-fine Yarn

·         By Grade Type :

  • E Yarn

    • C Yarn

    • S Yarn

    • Others

·         By End-use Industry :

  • Electrical & Electronics

    • Printed Circuit Boards (PCBs)

    • Insulators & Enclosures

    • Others

    • Aerospace

    • Automotive

    • Construction

    • Others

·         By Region :

  • North America

    • Latin America

    • Europe

    • East Asia

    • South Asia & Oceania

    • MEA

What makes this Research different from others?

  • COVID- Impact analysis- The report includes details of the impact of the pandemic on the Fiberglass Yarn market further including insights on the pre-COVID situation. Additionally, this report benefits in terms of post-COVID recovery prospects, changing consumer demands, and buying patterns valuable for Fiberglass Yarn companies.

  • Industrial trend analysis- The research covers recent trends in the field of Fiberglass Yarn which are augmented with the applicable technologies and shifts in industrial processes. The scope for digital and industrial technologies is discussed in order to help client firms to understand the benefits and risks included in light of market trends.

  • Fiberglass Yarn Sustainability metrics- The rising concerns of environmentally friendly production and consumption are taken to next level in this research, as research is focused on emerging methods of ensuring sustainability. These insights include climate-friendly initiatives adopted by some players in the industry. Furthermore, details of manufacturers’ impact on carbon footprint are evaluated intend to make clients aware of their contribution to sustainable development goals.

Competitive Landscape

The Fiberglass Yarn industry is dominated by some prominent players including

  • AGY Holding Corp

  • Chaongqing Polycomp International Corporation (CPIC)

  • Fber Line

  • Fibtex Products

  • Jushi Group Co. Ltd

  • Newtex

  • Nippon Electric Glass Co. Ltd.

  • Nitto Boseki Co. Ltd.

  • Oao Polatsk-steklovolokno

  • PFG Fiber Glass Corporation

  • Saint-Gobain Performance Platic

  • Taiwan Glass Ind. Corp

The competition in the sector is driven by key parameters such as product price, targeted customer base, and strategic marketing. Major players in the market focused on the Fiberglass Yarn market innovation by investing more in research and development. Furthermore, the industry players are focusing on the extensive usage of online distribution channels for enhanced cost-effectiveness. The sustainability in the supply chain is a decisive factor for Fiberglass Yarn brands leading to an impact on the margin profits of firms.

Report Benefits & Key Questions Answered

  • Fiberglass Yarn Company & brand share analysis: Company and brand share analysis on Fiberglass Yarn reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players

  • Fiberglass Yarn Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Fiberglass Yarn

  • Fiberglass Yarn Category & segment level analysis: Fact.MR’s Fiberglass Yarn sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.

  • Fiberglass Yarn Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers

  • Post COVID consumer spending on Fiberglass Yarn: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior

  • Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments