When to Use Fiberglass Yarn manufacturer?

04 Nov.,2024

 

Fiberglass Yarn Market Size, Trends & Forecast -

Fiberglass Yarn Market Outlook (-)

Link to Tuoxin

The global fiberglass yarn market is valued at US$ 3.5 billion in and further expand at a growth rate of 4.9% to reach US$ 5.68 billion by the end of .

E-glass yarn type dominates the fiberglass yarn market with more than 75% of the market share in .

Report Attributes

Details

Fiberglass Yarn Market Size (A)

US$ 3.35 Billion

Estimated Market Value (E)

US$ 3.5 Billion

Forecasted Market Value (F)

US$ 5.68 Billion

Global Market Growth Rate (-)

4.9% CAGR

North America Market Share ()

20.3%

East Asia Market Growth Rate (-)

~5.8% CAGR

United States Market Growth Rate (-)

~5.1% CAGR

Market Share of Top 5 Companies

~46%

Key Companies Profiled

  • 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

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Sales Analysis of Fiberglass Yarn (-) Vs. Market Forecasts (-)

In recent years, demand for insulators and circuit boards has increased rapidly due to the growth of the construction industry across the world. The construction industry is growing at a healthy CAGR, which is likely to push the demand for insulators as well.

Electronic products that are used widely would not be possible to manufacture without the use of fiberglass yarn. The properties of fiberglass yarn, such as low elongation, mechanical strength, and thermal resistance, make it suitable for use in electronics. Moreover, its extensive use in the aerospace and automotive industries is likely to boost the fiberglass yarn market during the forecast period.

  • Short Term ( Q2 to ): Growing use of fiberglass yarn in the electrical and electronics industry to positively impact market growth in the short term.
  • Medium Term (-): Asia Pacific and North America anticipated to witness high demand for fiberglass yarn owing to an increase in the use of electronic materials.
  • Long Term (-): Growing global construction sector to become a key factor for the fiberglass yarn market in the long term, as it is applicable in electronic materials such as PCBs, insulators, and circuit boards.

Between and , the global market for fiberglass yarn progressed at a CAGR of 3.3%. As per findings by Fact.MR, a market research and competitive intelligence provider, fiberglass yarn sales are projected to rise at 4.9% CAGR from to .

Image reflects market share analysis of fiberglass yarn based on end-use industry and region. Under end-use industry, electronics and electrical dominates the market with 41.8% market share.

What&#;s Driving Demand for Fiberglass yarn?

&#;Growing Integration of Fiberglass Yarn in Electronic Materials&#;

E-glass yarn is used in a majority of printed circuit boards, which is layered and added with a variety of resins such as epoxy, melamine, phenolic, etc. The end product acts as a backbone for printed circuit boards. Fiberglass is used in printed circuit boards to facilitate corrosion resistance, thermal conductivity, and dimensional stability, which are all critical for the performance of the end product.

Fiberglass yarn has properties such as low elongation, good mechanical strength, and thermal resistance, owing to which, fiberglass is the perfect yarn for use in many electrical components. Fiberglass yarn is widely used by the manufacturers of motors and transformers for several applications in electrical, electronic, defence, aerospace, marine, and lighting. Fiberglass sleeving is perfectly suitable for high and low temperatures, and also voltage.

&#;Aerospace & Automotive Industry to Offer Benefits for Manufacturers&#;

E-glass laminates are widely used in the aerospace industry. E-glass laminate provides compressive strength qualities and superior tensile strength, and has been used in the aerospace industry for many years. The use of E-glass laminates in the aerospace industry started way back in with Boeing 707.

The company is the world’s best Fiberglass Yarn manufacturer supplier. We are your one-stop shop for all needs. Our staff are highly-specialized and will help you find the product you need.

Nearly 50% of modern airplanes are constructed with the help of composites. A variety of composites are used in airplanes, such as carbon fiber, glass fiber, and reinforced epoxy. Although, E-glass continues to be the preferred choice used for reinforcement. E-glass reinforced composite can be used in several applications in airplanes, such as insulation, flooring, cargo liners, closets, air ducts, etc.

E-glass laminates, with their robust design properties, will continue to play a crucial role in the aerospace industry, as engineers are focusing on reducing the weight of airplanes by nearly 20% over aluminium, which will help increase the fuel efficiency of aircraft.

High-temperature resistance, dimensional stability, and tensile strength are some of the important properties of fiberglass yarn, which makes it suitable for use in the automotive industry.

Braided tubes or aluminum foil-backed woven using fiberglass yarn products are used to protect wire harnesses and tubing from heat. Brake pads and clutch discs are reinforced with woven fiberglass, which helps maintain the integrity of composites in very hot or cold environments. Headliners and automotive insulation are some of the important components of the automobile industry where fiberglass yarn is widely used.

&#;Manufacturers Should Look to Minimize Moisture Issue That Can Harm Insulation&#;

Fiberglass yarn provides properties such as high tensile strength, thermal resistance, and dimensional stability. These properties make it suitable for use in several end-use industries such as aerospace, automotive, construction, electrical, etc. However, fiberglass has some disadvantages that can hamper market progress.

The use of fiberglass yarn in most products can lead to moisture issues, which can harm the insulation. Unlike other materials used in insulation, such as sprayed foam or foam board, wet fiberglass insulation has no insulating properties until it gets dry.

Moulding issues can be faced when moisture is present in the fiberglass insulation. Insulation materials such as loose fill callous or sprayed foam are denser and give more protection against air leaks as compared to glass fibers. Also, the use of substitute products such as carbon fiber and aluminum can hamper market growth to some extent.

More Insights, Lesser Cost (-50% off)

Insights on import/export production,
pricing analysis, and more &#; Only @ Fact.MR

Country-wise Insights

Will the Huge Aerospace and Automotive Sectors in the U.S. Drive Demand for Fiberglass Yarn?

The United States is the largest market in the aerospace industry. In , the United States accounted for more than US$ 80 billion worth of aerospace exports. The country has some of the leading manufacturers of airplanes, such as Boeing and Lockheed Martin.

With the presence of leading automobile manufacturers such as Tesla, General Motors, Chrysler, Chevrolet, etc., the United States will create high demand for fiberglass yarn as it is used to provide tensile strength and temperature resistance to automotive products.

Thus, the United States fiberglass yarn market holds 85.7% share in the North American market and is expected to rise at a CAGR of 5.1% throughout the assessment period.

Why is the China Fiberglass Yarn Market Expected to Be Highly Lucrative?

China is set to hold a significant market share in the global fiberglass yarn market over the forecast period. China has the world&#;s largest construction market. In , China&#;s construction industry generated more than US$ 1 trillion in revenue.

Fiberglass yarn is used in the construction industry for its benefits such as fire resistance and strength; it does not elongate or shrink and does not decay either. Fiberglass properties such as tensile strength and alkali resistance make it suitable for use in the production of mesh fabrics. Fiberglass also provides benefits to drywall tapes, wall coverings, laid, scrim, flooring, etc.

China also has the world's largest capacity for wind energy, which was nearly 300 GW at the end of . Twisted fiberglass yarn can be used in the lightweight construction of wind energy systems, whereas fiberglass can be used in several wind energy applications.

All these factors make China the most potential regional market for fiber yarn glass manufacturers. The Chinese market holds 53.4% share of the East Asian fiberglass yarn market and is predicted to rise at the rate of 6.3% during the forecast period.

Category-wise Insights

Why is E-Yarn Grade Type Most Widely Used?

E-glass fiberglass yarn cloth is a lightweight woven composite and is widely used in several industries such as marine and aerospace. E-glass fiber yarn provides cost-effective solutions and excellent performance. The segment has captured more than 80% share of the global market.

E-glass fiber products are resistant to abrasion and have excellent flexible properties. E-glass has high tensile strength and temperature resistance. These properties make it useful in the aerospace, automotive, and wind energy industries. Demand for e-glass fiberglass is expected to increase at 5.2% CAGR during -.

Which End-use Industry Leads the Demand for Fiberglass Yarn?

The electrical and electronics industry is expected to drive the sales of fiberglass yarn over the coming years. Growing use of electronic equipment has created a positive environment for fiberglass yarn suppliers. Today, most electronics products used are dependent on fiberglass yarn, which provides properties such as strength and thermal resistance.

Growth in the production and demand for electrical products will drive the sales of fiberglass yarn over the coming years. The electronics and electrical segment is predicted to register 5.6% growth between and .

Competitive Landscape

Prominent fiberglass yarn manufacturers are AGY Holding Corp, Chongqing Polycomp International Corporation (CPIC), Fber-line, Fibtex Product, Jushi Group Co. Ltd, Newtex, Nippon Electric Glass Co. Ltd, Nitto Boseki Co. Ltd., PFG Fiber Glass Corporation, Saint-Gobain Performance Plastics, and Taiwan Glass Ind. Corp.

Leading manufacturers in the fiberglass yarn market are looking to manufacture products that can be applied in several end-use industries such as aerospace, automotive, construction, wind energy, etc. The properties of fiberglass such as tensile strength and temperature resistance are proven to be useful in various industries. Manufacturers are also looking to increase their customer base by adopting merger and acquisition strategies.

  • In , PolyOne, a global provider of specialized polymer materials, acquired Fiber-Line, a customized engineered fiber and composites materials company, for US$ 120 million.

Fact.MR has provided detailed information about the price points of key manufacturers of fiberglass yarn positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

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

News - What is fiberglass yarn? Properties and uses of ...

Fiberglass yarn is made of glass balls or waste glass through high temperature melting, wire drawing, winding, weaving and other processes. Fiberglass yarn is mainly used as electrical insulating material, industrial filter material, anti-corrosion, moisture-proof, heat-insulating, sound-insulating, shock-absorbing material. It can also be used as a reinforcing material to manufacture fiberglass reinforced plastic products such as reinforced plastic or reinforced gypsum. Coating fiberglass with organic materials can improve their flexibility and can be used to make packaging cloths, window screens, wall coverings, covering cloths, protective clothing and electrical and sound insulation materials.

Fiberglass yarn as a reinforcing material fiberglass has the following characteristics, these characteristics make the use of fiberglass far more extensive than other types of fibers, and the development speed is also far ahead of its characteristics are listed as follows: (1) high tensile strength, small elongation (3%). (2) High elastic coefficient and good rigidity. (3) The amount of elongation within the elastic limit is large and the tensile strength is high, so the absorption of impact energy is large. (4) It is an inorganic fiber, which is non-flammable and has good chemical resistance. (5) Low water absorption. (6) The dimensional stability and heat resistance are all good. (7) It has good processability and can be made into different forms of products such as strands, bundles, felts, and woven fabrics. (8) Transparent and permeable to light. (9) The development of a surface treatment agent with good adhesion to resin was completed. (10) The price is cheap. (11) It is not easy to burn and can be melted into glass beads at high temperature.
Fiberglass yarn is divided into roving, roving fabric (checked cloth), fiberglass mat, chopped strand and milled fiber, fiberglass fabric, combined fiberglass reinforcement, fiberglass wet mat.
Although fiberglass yarn has only been used in the construction field for more than 20 years, as long as there are airports, gymnasiums, shopping malls, entertainment centers, car parking lots, theaters and other buildings, PE coated fiberglass screen curtains are used. When making tents, PE-coated fiberglass screen cloth is used as the roof, and sunlight can pass through the roof to become a soft natural lighting source. Due to the use of coated PE fiberglass screen window coverings, the quality and service life of the building will be significantly improved

Post time: Sep-20-

If you want to learn more, please visit our website Bulk Supply Fiberglass Wallboard Tape, Drywall Tape Fiberglass.