E Glass Fiber Yarn Market Research Report by Type, by Technology, by End-User - Global Forecast to 2027

The report titled “E Glass Fiber Yarn Market” has recently added by MarketInsightsReports to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts. The report covers the post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

In 2020, the global E Glass Fiber Yarn market size was US$ 6524 million and it is expected to reach US$ 9160.9 million by the end of 2027, with a CAGR of 5.3% during 2021-2027.

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Top Leading Companies of Global E Glass Fiber 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 and others.

Industry News and Updates:

Jushi considering U.S. for glass fiber manufacturing expansion

Fiberglass manufacturer Jushi Group Co. Ltd. (Tongxiang, Zhejiang, China) reported on its current state of business, as well a number of new strategic initiatives and products at its 20th annual International Conference on Fiberglass held at its headquarters in Tongxiang on Oct. 7 and 8. Included was the announcement that the company is close to manufacture of a new plant in the USA.

Market Overview:

Glass fibers are the materials consisting of extremely fine glass fibers, used in making various products, such as yarns, fabrics, insulators, and structural objects or parts. It is also called spun glass. Glass fiber yarn is a long continuous length of interlocked glass fiber.
E-glass ("E" because of initial electrical application), is alkali free, and was the first glass formulation used for continuous filament formation. It now makes up most of the fiberglass production in the world, and also is the single largest consumer of boron minerals globally. It is susceptible to chloride ion attack and is a poor choice for marine applications.
Global E Glass Fiber Yarn key players include Owens Corning, Jushi Group, Taishan Fiberglass (Sinoma), CPIC, etc. Global top four manufacturers hold a share nearly 60%.
China is the largest market, with a share over 50%, followed by Europe, and North America, both have a share about 30 percent.
In terms of product, Fiber Roving is the largest segment, with a share over 85%. And in terms of application, the largest application is Electro and Electronics, followed by Sport and Leisure, Transport, Construction, etc.

On The Basis of Types: -

Fiber Yarn

Fiber Roving

On The Basis of Application: -

Electro and Electronics

Transport

Construction

Sport and Leisure

Others

Regional Analysis:

North America, driven by Canada, Mexico and the U.S. E-glass fiber yarn & roving market size should surpass USD 1.8 billion by 2025 pertaining to the increasing adoption and replacement of smart electronic devices in the region. Europe market demand driven by Germany, UK, France, Italy and Spain may witness significant gains at over 4.5% during the forecasted timespan pertaining to the significant growth in automotive industry and increasing lightweight product usage in automotive body parts. Asia Pacific, led by India, China, South Korea and Japan E-glass fiber yarn & roving market demand may register favourable gains at over 5.5% by 2025 owing to the high penetration and huge growth in the construction industry. Rapid urbanization along with rising demand from automotive & transport, construction, and industrial applications pertaining to its superior capabilities shall propel market size.

Regions Are covered By E Glass Fiber Yarn Market Report 2021 To 2027

For comprehensive understanding of market dynamics, the global E Glass Fiber Yarn market is analyzed across key geographies namely: North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the market

Influence of the E Glass Fiber Yarn market report:

-Comprehensive assessment of all opportunities and risk in the E Glass Fiber Yarn market.
-E Glass Fiber Yarn market recent innovations and major events.
-Detailed study of business strategies for growth of the E Glass Fiber Yarn market-leading players.
-Conclusive study about the growth plot of Infrared Imaging market for forthcoming years.
-In-depth understanding of E Glass Fiber Yarn market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the E Glass Fiber Yarn market.

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Important Features that are under offering and key highlights of the report:

- Detailed overview of the E Glass Fiber Yarn market
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application, etc.
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of the E Glass Fiber Yarn market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards E Glass Fiber Yarn market performance
- Must-have information for market players to sustain and enhance their market footprint

The research includes historic data from 2015 to 2020 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the E Glass Fiber Yarn Market report is a believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and Market development rate, and figure, and so on. This report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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