E-Glass Fiber Yarn & Roving Market is segmented by Product Type (Fiber Yarn, Fiber Roving) and Region (North America, Europe, Asia-Pacific, and Rest of the World).
E-Glass Fiber Yarn & Roving Market is segmented by Product Type (Fiber Yarn, Fiber Roving) and Region (North America, Europe, Asia-Pacific, and Rest of the World).
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E-glass fiber which is also known as electrical grade, is widely utilized in aerospace, construction, industrial, wind energy, pipes & tanks, electrical & electronics, and automotive industries owing to its exceptional features which make it capable of enhancing the overall product performance while offering various properties such as electrical insulation, dimensional stability, and fire resistance.
Market Drivers
Major factors such as growing demand for glass fibers from construction, automotive & transport, wind energy, and aerospace industries, offered features by the product such as high tensile strength, lightweight, flexibility, thermal & electrical resistance at low cost, and growing demand for fuel-efficient and high load bearing capacity are expected to accelerate the growth of the market during the forecast period.
Segments Analysis
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By Product Type
“Fiber yarn segment dominates the market during the forecast period.”
The market is segmented as fiber yarn and fiber roving. Fiber yarn product type is estimated to witness a significant growth rate over the forecast period owing to the increasing product demand from the electrical & electronics industry. These products offer excellent features such as high electrical and corrosion resistance, thermal conductivity, mechanical strength, and superior dielectric characteristics and are also used in fixing motor coil and transformer parts to bear the mechanical stress caused while operating.
Factors such as various features offered by the product such as structural integrity, exceptional heat, and electrical resistance, and growing demand for high-performance consumer electronics convoyed by favorable government initiatives are expected to boost the market growth during the forecast period.
On the other hand, fiber roving product type is estimated to account for the major share of the market during the forecast period owing to the growing demand for impact-resistant, low weight, and durable materials in the development of commercial aircraft. These products can bear high load structures with being exceptionally low weight, enabling the aircraft to carry more weapons and also find application in flooring, seating, and other cabin interior parts owing to their superior electrical insulation features, eventually accelerating the growth of the market during the forecast period.
Regional Analysis
“North America is estimated to account for the major share of the marketduring the forecast period.”
Mexico, Canada, and the U.S. are the major countries with growing adoption and replacement of smart electronics devices in the regional market. Factors such as changes in the standard of living, increasing disposable income, and growing innovations in the consumer electronics sector are expected to accelerate the regional market growth over the forecast period.
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On the other hand, Europe and Asia-Pacific are estimated to witness significant growth rates in the market during the forecast period. In Europe, Germany, France, the UK, Italy, and Spain are the major countries with growing lightweight product usage in automotive body parts, registering significant growth in the automotive industry. Growing enhancements in technology have led to the production of sustainable substitutes for plastics and metals by manufacturers, which is expected to drive the growth of the European region over the forecast period.
In Asia-Pacific, India, China, Japan, and South Korea are the major countries fueling the regional market growth, owing to the high penetration and huge growth in the construction industry. Factors such as rapid growth in urbanization coupled with growing demand from automotive & transport, industrial, and construction sectors are estimated to boost the regional market growth during the forecast period.
Key Players
The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc.
The following are the key players in the e-glass fiber yarn & roving market (arranged alphabetically).
Note: The above list does not necessarily include all the top players in the market.
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Report Features
This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth analysis of the E-Glass Fiber Yarn & Roving Market
How lucrative is the future?
The market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market Segment Analysis and Forecast
Who are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirements?
10% free customization
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
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Company Profiling
Detailed profiling of additional market players (up to 3 players).
SWOT analysis of key players (up to 3 players).
Market Segmentation
Current market segmentation of any one of the product types by application type.
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.
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E-glass fiber which is also known as electrical grade, is widely utilized in aerospace, construction, industrial, wind energy, pipes & tanks, electrical & electronics, and automotive industries owing to its exceptional features which make it capable of enhancing the overall product performance while offering various properties such as electrical insulation, dimensional stability, and fire resistance.
Advanced Glassfiber Yarns, Binani-3B, Chongqing Polycomp International Corp. (CPIC), Johns Mansville, Jushi Group, Nippon Electric Glass, Nittobo, Owens Corning, PPG Industries, and Taishan Fiberglass Inc. (Sinoma) are among the key players in the E-glass fiber yarn & roving market.
