Press release
Fiberglass Yarn Market Size with Focus on Emerging Technologies, Top Countries Data Analyses, Key Opportunities, and Forecast 2028 | Top Key Players Covers: AGY Holdings Corp., China Beihai Fiberglass Co., Ltd., Chongqing Polycomp International Corporatio
Report Overview:Fiberglass yarn is a type of yarn made from very fine strands of glass fibers. It is used in various industrial and commercial applications where high strength and durability are required. Fiberglass yarn is commonly used as a reinforcement material in composite materials, such as fiberglass reinforced plastic (FRP) and fiberglass reinforced concrete (FRC).
Fiberglass yarn is produced by melting glass and extruding it through very small orifices to create long, continuous filaments. These filaments are then twisted together to create a yarn. The yarn can be further processed to make various forms of fiberglass fabrics, tapes, ropes, and other materials.
What is the growth of Fiberglass Yarn Market?
The fiberglass yarn market was valued at USD 2.55 billion in 2021. The market is projected to grow USD 6.78 Billion in 2030, at a CAGR of 6.5%.
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Fiberglass Yarn Market - Competitive Analysis:
Who are the Leading Key Players Operating In this Market?
Prominent Companies to Establish Various Corporate Strategies to Aid in Global Expansion. These players are focusing on strategic collaborations and partnerships to expand their market presence and strengthen their product portfolio.
List of Key Companies Profiled:
• AGY Holdings Corp.
• China Beihai Fiberglass Co., Ltd.
• Chongqing Polycomp International Corporation
• Jushi Group Co., Ltd.
• Nippon Electric Glass Co. Ltd.
• Nitto Boseki Co. Ltd.
• Owens Corning
• PFG Fiber Glass Corp.
• Saint-Gobain S.A.
• Taiwan Glass Industry Corp.
Fiberglass yarn is known for its excellent properties such as high strength, stiffness, and resistance to heat, chemicals, and fire. It is also lightweight and has good electrical insulation properties, making it ideal for a wide range of applications in industries such as aerospace, automotive, construction, and marine.
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Segmentation:
The report focuses on studying the Fiberglass Yarn market on the basis of segments by manufacturers, by type, by application, by region and country. It also offers information about market size (value, volume, sales and revenue) and CAGR for the historical period (2017-2020) and forecast period (2022-2028), considering 2021 as the base year.
By Glass Fiber Type
• E-Glass type
• S-Glass type
• Others
By Yarn Type
• Single Yarn
• Piled Yarn
• Others
By End-Use Industry
• Wind Energy
• Automotive & Transportation
• Building & Construction
• Marine
• Electrical & Electronics
• Others
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Which region is dominating the Fiberglass Yarn market growth?
North America region is dominating the market share owing to the automotive industries growing exponentially in the region due to increased sales of electric and autonomous vehicles. In addition, increasing demand for low-cost, high-strength materials by these industries is expected to propel the growth of the market during the forecast period.
Key Developments:
July 2021- Corning, which is an American multinational technology company, acquired Vliepa GmbH to broaden its existing non-woven product catalog, in order to serve the building and construction sector in the European region.
January 2020- Saint Gobain S.A. reconstructed its glass fibre production furnace at the Saint-Gobain ADFORS Hodonice facility. This expansion project boosts the manufacturing capacity of the Hodonice facility by 57%.
Why Purchase the Report?
-The report includes information such as market dynamics scenario, opportunities and challenges during the forecast period
-Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
-Regional, sub-regional, and country-level data include the demand and supply forces along with their influence on the market.
-The competitive landscape comprises a share of key players, offering products, relevant financial information, recent developments, SWOT analysis, and strategies.
-Understand the current market scenario and viability of the global market over the forecast period.
Some of the key questions answered in this report:
-What are sales, revenue, and price analysis of top manufacturers of the market?
-What would be the upcoming Fiberglass Yarn market behavior forecast with trends, challenges, and drivers for development?
-Which product and application will take a share of the Fiberglass Yarn market?
-What will happen in the coming existing and emerging markets?
-What will be the CAGR and size of the Fiberglass Yarn market throughout the forecast period?
Detailed TOC of Fiberglass Yarn Market: https://www.extrapolate.com/toc/chemicals-and-advanced-materials/fiberglass-yarn-market/26108
ABLE OF CONTENTS:
Chapter 1: Fiberglass Yarn Market Overview
Chapter 2: Market Competition by Manufacturers
Chapter 3: Production Capacity by Region
Chapter 4: Fiberglass Yarn Consumption by Region
Chapter 5: Segment by Type
Chapter 6: Segment by Application
Chapter 7: Key Companies Profiled
Chapter 8: Fiberglass Yarn Manufacturing Cost Analysis
Chapter 9: Marketing Channel, Distributors and Customers
Chapter 10: Market Dyanamics
Chapter 11: Production and Supply Forecast
Chapter 12: Consumption and Demand Forecast
Chapter 13: Forecast by Type and by Application (2023-2028)
Chapter 14: Research Finding and Conclusion
Chapter 15: Methodology and Data Source
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Extrapolate is a Global Market Research, Advisory and Consulting firm which works closely with Industry experts from various industries to bring the latest and most accurate research reports.
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