E-Glass Fiberglass Yarns Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The global E-Glass fiberglass yarns market was valued at approximately USD 4.2 billion in 2022, with a robust compound annual growth rate (CAGR) of 6.5% projected from 2023 to 2030. This growth is attributed to the increasing demand for lightweight, durable materials across various industries, including automotive, aerospace, and construction. The market is experiencing significant expansion due to the material's excellent mechanical properties, such as high tensile strength and resistance to high temperatures, which make it suitable for a wide range of applications including composites, insulation, and reinforcement materials.
Emerging market opportunities are prominently observed in the Asia-Pacific region, driven by rapid industrialization, infrastructural developments, and rising investments in automotive and construction sectors. Additionally, advancements in manufacturing technologies and increased adoption of sustainable and eco-friendly materials are expected to fuel further growth. With continuous innovations and the rising emphasis on high-performance materials, the E-Glass fiberglass yarns market is set to witness increased penetration in emerging economies, bolstering overall market dynamics and creating new avenues for investment and development.
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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
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global E-Glass Fiberglass Yarns Market
Transport
Construction
Industrial
Others
Based on Types the Market is categorized into Below types that held the largest E-Glass Fiberglass Yarns market share In 2023.
Fiber Yarn
Fiber Roving
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global E-Glass Fiberglass Yarns Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global E-Glass Fiberglass Yarns Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global E-Glass Fiberglass Yarns Market, By Type
6. Global E-Glass Fiberglass Yarns Market, By Application
7. Global E-Glass Fiberglass Yarns Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global E-Glass Fiberglass Yarns Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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