Global Glass Fibre Yarn Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Single Yarns, Multi-end Yarn, Coated Glass Yarn, and Textile Glass Yarn.

By Fiber Type;

E-glass type and S-glass type.

By End-Use;

Aerospace Industry, Automotive Industry, Construction Industry, and Electrical Industry.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn454882917 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Glass Fibre Yarn Market (USD Million), 2021 - 2031

In the year 2024, the Global Glass Fibre Yarn Market was valued at USD 2,790.71 million. The size of this market is expected to increase to USD 4,280.04 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.

The global glass fiber yarn market represents a dynamic sector within the composite materials industry, characterized by significant growth and diversification. Glass fiber yarn, known for its exceptional strength, durability, and resistance to heat and chemicals, is increasingly used in a variety of applications, ranging from automotive components to construction materials. The market is driven by the escalating demand for lightweight, high-strength materials that offer improved performance and energy efficiency across different industries.

Recent advancements in manufacturing technologies and increased investment in research and development have further fueled market expansion. Innovations in glass fiber yarn production, including improvements in fiber properties and processing techniques, have led to enhanced performance characteristics and a broader range of applications. This progress is particularly evident in the automotive and aerospace sectors, where the need for lightweight and high-strength materials is critical for achieving better fuel efficiency and structural integrity.

As global economies continue to recover and industrial activities ramp up, the glass fiber yarn market is poised for substantial growth. Factors such as the increasing adoption of composite materials in construction, the rising demand for energy-efficient solutions, and the ongoing development of new applications are expected to drive market dynamics. Overall, the global glass fiber yarn market is set to experience robust expansion, fueled by technological advancements and evolving industrial needs.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Fiber Type
    3. Market Snapshot, By End-Use
    4. Market Snapshot, By Region
  4. Global Glass Fibre Yarn Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Automotive Demand
        2. Growing Aerospace Industry
        3. Rising Construction Activities
      2. Restraints
        1. High Production Costs
        2. Volatility in Raw Material Prices
        3. Environmental Regulations
      3. Opportunities
        1. Technological Advancements
        2. Emerging Markets Growth
        3. Sustainability Trends
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Glass Fibre Yarn Market, By Type, 2021 - 2031 (USD Million)
      1. Single Yarns
      2. Multi-end Yarn
      3. Coated Glass Yarn
      4. Textile Glass Yarn
    2. Global Glass Fibre Yarn Market, By Fiber Type, 2021 - 2031 (USD Million)

      1. E-Glass type
      2. S-Glass type
    3. Global Glass Fibre Yarn Market, By End-Use, 2021 - 2031 (USD Million)
      1. Aerospace Industry
      2. Automotive Industry
      3. Construction Industry
      4. Electrical Industry
    4. Global Glass Fibre Yarn Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Owens Corning
      2. Johns Manville (a Berkshire Hathaway company)
      3. Saint-Gobain Vetrotex
      4. Jushi Group
      5. P-D Reglass
      6. Chongqing Polycomp International Corp (CPIC)
      7. Nippon Electric Glass Co., Ltd.
      8. Taishan Fiberglass Inc.
      9. 3B - The Fiberglass Company
      10. Hubei Yichang Xinxing Glass Fiber Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market