What is Global E-Glass Yarn Market?
The Global E-Glass Yarn Market is an intriguing sector of the global economy that has been gaining significant attention in recent years. E-Glass Yarn, also known as electrical glass yarn, is a type of glass fiber that is highly valued for its excellent electrical insulation properties. This type of yarn is made from E-glass, a type of glass that contains boron and is known for its low dielectric constant. The global market for E-Glass Yarn is vast and varied, encompassing a wide range of industries and applications. The market is driven by the increasing demand for E-Glass Yarn in various industries, including textiles, automotive and transportation, electronics and electricals, building and construction, and others.
Single Yarn, Piled Yarn in the Global E-Glass Yarn Market:
In the Global E-Glass Yarn Market, there are two main types of yarn: Single Yarn and Piled Yarn. Single Yarn is a type of yarn that is made from a single strand of fiber. It is lightweight and flexible, making it ideal for use in a variety of applications. On the other hand, Piled Yarn is made from multiple strands of fiber that are twisted together. This type of yarn is heavier and more durable than single yarn, making it suitable for use in applications that require a high level of strength and durability. The market for both types of yarn is growing, driven by the increasing demand for E-Glass Yarn in various industries.
Textile, Automotive and Transportation, Electronics and Electricals, Building and Construction, Others in the Global E-Glass Yarn Market:
The Global E-Glass Yarn Market finds its usage in a variety of areas. In the textile industry, E-Glass Yarn is used in the production of fabrics that are resistant to heat, flame, and chemicals. In the automotive and transportation industry, it is used in the manufacturing of parts that require high strength and durability. In the electronics and electricals industry, E-Glass Yarn is used in the production of insulation materials. In the building and construction industry, it is used in the production of materials that are resistant to heat, flame, and chemicals. Other industries that use E-Glass Yarn include the aerospace industry, the marine industry, and the sports equipment industry.
Global E-Glass Yarn Market Outlook:
The future outlook for the Global E-Glass Yarn Market is promising. A recent survey has projected that the market will grow from its current value of US$ 2276 million in 2022 to an estimated value of US$ 3096.8 million by 2029. This represents a compound annual growth rate (CAGR) of 4.5% over the period from 2023 to 2029. This growth is expected to be driven by the increasing demand for E-Glass Yarn in various industries, as well as the ongoing technological advancements in the production of E-Glass Yarn.
| Report Metric | Details |
| Report Name | E-Glass Yarn Market |
| Accounted market size in 2022 | US$ 2276 million |
| Forecasted market size in 2029 | US$ 3096.8 million |
| CAGR | 4.5% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Owens Corning, Taishan Fiberglass, Jushi Group, PPG Industries, CPIC, Advanced Glassfiber Yarns, Johns Mansville, Nippon Electric Glass, Nittobo, Saint-Gobain Vetrotex, Taiwan Glass Group, Valmiera Glass Group, Sichuan Weibo New Material Group |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
