"Dry use chopped strand market size was USD 1.1 billion in 2024.”
The market is expected to reach USD 1.2 billion in 2025, witnessing an annual growth of 12.1%.
The market size will reach USD 1.6 billion in 2030, witnessing a market growth (CAGR) of 5.2% during the forecast period of 2025-2030.
Market Size & Global Forecast: "Dry use chopped strand market size was USD 1.1 billion in 2024.” The market is expected to reach USD 1.2 billion in 2025, witnessing an annual growth of 12.1%. The market size will reach USD 1.6 billion in 2030, witnessing a market growth (CAGR) of 5.2%...
Global Demand Analysis & Sales Opportunities in Dry Use Chopped Strand Market
The annual demand for dry use chopped strand was USD 1.1 billion in 2024 and is expected to reach USD 1.2 billion in 2025, up 12.1% than the value in 2024.
During the forecast period (2025 to 2030), the dry use chopped strand market is expected to grow at a CAGR of 5.2%. The annual demand will reach of USD 1.6 billion in 2030.
During 2025-2030, the dry use chopped strand industry is expected to generate a cumulative sales opportunity of USD 8.69 billion.
High-Growth Market Segments:
Asia-Pacific is expected to remain the largest market during the forecast years.
By End-Use type, Transportation will likely remain the biggest demand generator for DUCS during the forecast period.
By Use type, SFT is anticipated to remain at the forefront and faster-growing by 2030.
By Resin type, Polyamide are likely to maintain their lead in the market by 2030.
By Process type, Injection Molding is to remain at the forefront over the next five years.
Market Statistics
Have a look at the sales opportunities presented by the dry use chopped strand market in terms of growth and market forecast.
Dry Use Chopped Strand Market Data & Statistics
Market Statistics
Value (in USD Billion)
Market Growth (%)
Annual Market Size in 2024
USD 1.1 billion
YoY Growth in 2024: 7.7%
Annual Market Size in 2025
USD 1.2 billion
YoY Growth in 2025: 12.1%
Annual Market Size in 2030
USD 1.6 billion
CAGR 2025-2030: 5.2%
Cumulative Sales Opportunity during 2025-2030
USD 8.69 billion
-
Top 10 Countries’ Market Share in 2024
USD 0.8 billion+
> 80%
Top 10 Company’s Market Share in 2024
USD 0.5 billion to 0.7 billion
50% - 70%
Market Dynamics
Introduction:
What is dry-use chopped strand?
Dry-use chopped strand refers to short lengths of glass fibers that are specifically designed for dry processing methods such as compression molding, injection molding, or extrusion, without the use of water or liquid binders.
These strands are made by chopping continuous glass filaments (usually E-glass or S-glass) into short segments, typically 3 to 12 mm in length, and are coated with a special sizing or coupling agent that enhances compatibility with thermoplastic or thermoset resins.
Segments Analysis
Segmentations
List of Sub-Segments
Dominant and Fastest-Growing Segments
End-Use Industry Type
Transportation, Construction, Consumer Goods, Electrical & Electronics, and Others
Transportation will likely remain the biggest demand generator for DUCS during the forecast period.
Use Type
SFT and BMC
SFT is anticipated to remain at the forefront and faster-growing by 2030.
Polyamide is anticipated to remain the most widely used resin system with DUCS in the future.
Process Type
Injection Molding and Compression Molding
Injection molding is to remain at the forefront over the next six years.
Regional Analysis
North America, Europe, Asia-Pacific, and The Rest of the World
Asia-Pacific is expected to remain the largest market over the next six years.
By End-Use Industry Type
“Transportation is expected to remain dominant, whereas electrical & electronics is likely to be the fastest-growing end-use industry during the forecast period.”
The market is segmented into transportation, construction, consumer goods, electrical & electronics, and others.
DUCS is used for several automotive applications, such as exterior body panels; interior and exterior parts like bumpers, body panels, and dashboards; interior battery separators; near-to-engine applications, and interior structural and semi-structural applications.
On the other hand, chopped strands are used with polyester resin for making BMC compounds, which are utilized in small GRP parts for the automotive and electrical industries.
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By Process Type
“Injection molding is expected to remain the preferred process type in the market over the years to come.”
Injection molding offers high efficiency, high productivity, design flexibility, high precision, consistency, and low cost.
Even though injection molding is a conventional process, it poses a few limitations in certain cases; hence, selecting the right molding process for certain applications is extremely necessary.
Regional Analysis
“Asia-Pacific is expected to remain the largest market for DUCS during the forecast period.”
Increasing building demand in emerging nations like India, Indonesia, and Thailand is to drive the market in the coming years.
Moreover, increased emphasis on emission control legislation, as well as growing demand for environmentally friendly products, has resulted in scientific developments in the field of composites.
The replacement of conventional materials, such as steel and aluminum, with fiberglass is contributing to high growth in the fiberglass market in the region. Consequently, increased demand for fiberglass from various industries such as construction, automotive, and electronics is likely to fuel the demand for DUCS in the region.
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Competitive Landscape
Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the dry use chopped strand market -
The following are the key players in the dry-use chopped strand (DUCS) market (Based on Dominance):
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com
Recent Developments/Mergers & Acquisitions:
In July 2022, an unknown buyer acquired European dry-use chopped strand (DUCS) manufacturing assets from Owens Corning. This transaction resulted in a divestiture of approximately US$100 million in annual sales from Owens Corning.
In January 2021, Johns Manville (JM), a Berkshire Hathaway company and a market-leading manufacturer of continuous filament glass fibers, announced the successful launch of a thermal recycling unit for waste glass fibers in its engineered products plant in Trnava, Slovakia.
In August 2020, China Jushi Co., Ltd launched E9 ultra-high modulus glass fiber to support the development of large-scale lightweight wind turbine blades.
In July 2020, Nitto Denko Corporation and Nippon Electric Glass Co., Ltd. jointly developed ultra-thin glass with polarizing film through a roll-to-roll process.
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.
The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis.
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
Market trend and forecast analysis.
Market segment trend and forecast.
Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
COVID-19 impact and its recovery curve.
Attractive market segments and associated growth opportunities.
Emerging trends.
Strategic growth opportunities for the existing and new players.
Key success factors.
Market Study Period
2019-2030
Base Year
2024
Forecast Period
2025-2030
Trend Period
2019-2023
Number of Tables & Figures
>100
Number of Segments Analysed
5 (End-Use Type, Use Type, Resin Type, Process Type
, and Region)
Number of Regions Analysed
4 (North America, Europe, Asia-Pacific, Rest of the World)
Countries Analysed
15 (The USA, Canada, Mexico, Germany, France, Italy, The UK, China, Japan, India, Brazil, Saudi Arabia, Rest of Europe, Rest of APAC, and Rest of the World)
Free Customization Offered
10%
After Sales Support
Unlimited
Report Presentation
Complimentary
Market Dataset
Complimentary
Further Deep Dive & Consulting Services
10% Discount
Market Segmentation
This report studies the market, covering a period of 15 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The dry use chopped strand market is segmented into the following categories.
By End-UseType
Transportation
Construction
Consumer Goods
Electrical & Electronics
By Use Type
SFT
BMC
By Resin Type
Polypropylene (PP)
Polyamide (PA)
Polybutylene Terephthalate (PBT)
Polyphenylene Sulfide (PPS),
Polycarbonate (PC)
Polyester
By Process Type
Injection Molding
Compression Molding
By Region
North America (Country Analysis: The USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, The UK, Spain, and Rest of Europe)
Asia-Pacific (Country Analysis: Japan, China, Australia, Singapore, and Rest of Asia-Pacific)
Rest of the World (Country Analysis: Latin America, the Middle East, and Others)
Research Methodology
This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s Dry Use Chopped Strand market realities and future market possibilities for the forecast period.
The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
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 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
Recent Market News
On 1st July 2022, an unknown buyer acquired European dry-use chopped strand (DUCS) manufacturing assets from Owens Corning. This transaction resulted in a divestiture of approximately US$ 100 million in annual sales from Owens Corning.
On 26th January 2021, Johns Manville (JM), a Berkshire Hathaway company and a market-leading manufacturer of continuous filament glass fibers, announced the successful launch of a thermal recycling unit for waste glass fibers in its engineered products plant in Trnava, Slovakia.
On 6th August 2020, China Jushi Co. Ltd launched E9 ultra-high modulus glass fiber to support the development of large-scale lightweight wind turbine blades.
In July 2020, Nitto Denko Corporation and Nippon Electric Glass Co., Ltd. jointly developed ultra-thin glass with polarizing film through a roll-to-roll process.
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DUCS is a basic strand cut into certain lengths (typically 3mm) to reinforce thermoplastic and thermoset resins. DUCS is mainly sold to large compounders who process and sell compounds to injection molders to mold parts for automotive, domestic appliance components, televisions, sporting goods, and casings for power tools.
Dry use chopped strand market size was USD 1.1 billion in 2024 and is expected to grow from USD 1.2 billion in 2025 to USD 1.6 billion in 2030, witnessing an impressive market growth (CAGR) of 5.2%during the forecast period (2025-2030).
China Jushi CO. Ltd., Owens Corning, Chongqing Polycomp International Corp (CPIC), Taishan FIbreglass Inc., Nippon Electric Glass Co. Ltd., 3B-Fibreglass, Johns Manville, China Beihai Fiberglass Co., Ltd., Taiwan Glass Group, and Saint Gobain S.A. are some of the key players in the market.