Market Forecast By Product Type (Single Yarns, Multi-end Yarn, Coated Glass Yarn, Textile Glass Yarn), By Application (Printed Circuit Board, Glass Fibre Wall Coverings, Electrical And Thermal Insulation, Grinding Wheel Reinforcements), By End-use Industries (Aerospace Industry, Automotive Industry, Construction Industry, Electrical Industry) And Competitive Landscape
Product Code: ETC215687 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
Report Name | Australia Glass Fibre Yarn Market |
Forecast Period | 2025-2031 |
CAGR | 6.3% |
Growing Sector | Construction |
The Australia Glass Fibre Yarn Market report thoroughly covers the market by product type, by application and by end-use industry. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia Glass Fibre Yarn Market is projected to attain more in the coming years on the back of surge in demand from the construction and automotive sectors. This growth is underpinned by the material's superior properties, including high tensile strength, durability, and resistance to heat, making it an ideal choice for a wide range of applications. Rapid urbanization and infrastructural developments are some other factors bolstering the market growth.
According to 6Wresearch, the Australia Glass Fibre Yarn market size is expected to grow at a significant CAGR of 6.3% during the forecast period 2025-2031. There are many factors that are increasing the growth of Market such as booming construction industry, fuelled by urbanization and infrastructural developments, significantly drives demand for glass fibre yarn, prized for its strength and sustainability. Despite the growing demand, the Australia glass fibre yarn industry faces challenges, including the fluctuation of raw material prices and the availability of substitutes like carbon fibre, which offers superior strength and lightness for certain applications.
Another significant hurdle is the stringent environmental regulations in Australia concerning the production processes of glass fibre yarn. Despite the challenges, the market is growing with some ongoing trends such as the growing emphasis on sustainability and recycling in the production process, meeting both environmental regulations and consumer demands for eco-friendly products. There’s also an increased focus on developing advanced glass fibre yarns with enhanced properties, such as higher resistance to heat and corrosion, to cater to the sophisticated needs of industries like aerospace and defense. The drive towards digitization and automation in manufacturing processes is likely to improve production efficiency and quality, setting a new standard for innovation in the Australian glass fibre yarn market.
Although there are multiple market players available in the Australia Glass Fibre Yarn Market, however few of them are having the most of market share. The key players are Owens Corning, Saint-Gobain Vetrotex, Jushi Group, Nippon Electric Glass, etc. These companies lead the market in terms of innovation, production capacity, and market outreach.
The Australia Glass Fibre Yarn Market is growing rapidly and government’s regulation and policies are helping in the growth. The Australian government has introduced several policies aimed at promoting sustainable development and reducing carbon emissions encourage the use of environmentally friendly materials, including glass fibre yarn. In Australia, initiatives such as the National Construction Code (NCC) and the Green Building Council of Australia's Green Star program have set standards that encourage the integration of sustainable materials in construction projects.
The Australia Glass Fibre Yarn Market growth will bolster in future rapidly due surge in investments towards research and development activities, aimed at producing more durable, efficient, and eco-friendly glass fibre yarn. This will not only enhance product offerings but also align with global sustainability trends which demand greener alternatives. Apart from this, the advent of digital technologies and the Internet of Things (IoT) in manufacturing processes could streamline production, reduce wastage, and improve the overall quality and performance of glass fibre yarn products.
According to Dhaval, Research Manager, 6Wresearch, Single Yarns emerge as the frontrunner in terms of market demand and application versatility. This category's dominance is attributed to the yarns' essential role in reinforcing composite materials widely utilized in high-stakes industries such as aerospace, automotive, and construction.
Printed Circuit Board (PCB) application stands out due to the crucial role glass fibre yarn plays in the electronics industry. The surge in demand for PCBs, fuelled by the rapid growth of the electronics and telecommunications sectors, positions this application as a leading market driver.
Construction Industry emerges as a leader due to its expansive growth potential and the critical role glass fibre yarn plays within this sector. The construction industry's continuous drive toward innovative, resilient, and sustainable building materials positions glass fibre yarn as a preferred choice for reinforcing construction materials.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Glass Fibre Yarn Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Glass Fibre Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Glass Fibre Yarn Market - Industry Life Cycle |
3.4 Australia Glass Fibre Yarn Market - Porter's Five Forces |
3.5 Australia Glass Fibre Yarn Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Australia Glass Fibre Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Australia Glass Fibre Yarn Market Revenues & Volume Share, By End-use Industries, 2021 & 2031F |
4 Australia Glass Fibre Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in industries like automotive and construction |
4.2.2 Growing focus on sustainable and eco-friendly materials |
4.2.3 Technological advancements leading to improved performance of glass fibre yarn products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative materials like carbon fibre |
4.3.3 Regulatory challenges related to environmental impact and safety standards |
5 Australia Glass Fibre Yarn Market Trends |
6 Australia Glass Fibre Yarn Market, By Types |
6.1 Australia Glass Fibre Yarn Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Glass Fibre Yarn Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Australia Glass Fibre Yarn Market Revenues & Volume, By Single Yarns, 2021-2031F |
6.1.4 Australia Glass Fibre Yarn Market Revenues & Volume, By Multi-end Yarn, 2021-2031F |
6.1.5 Australia Glass Fibre Yarn Market Revenues & Volume, By Coated Glass Yarn, 2021-2031F |
6.1.6 Australia Glass Fibre Yarn Market Revenues & Volume, By Textile Glass Yarn, 2021-2031F |
6.2 Australia Glass Fibre Yarn Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Glass Fibre Yarn Market Revenues & Volume, By Printed Circuit Board, 2021-2031F |
6.2.3 Australia Glass Fibre Yarn Market Revenues & Volume, By Glass Fibre Wall Coverings, 2021-2031F |
6.2.4 Australia Glass Fibre Yarn Market Revenues & Volume, By Electrical And Thermal Insulation, 2021-2031F |
6.2.5 Australia Glass Fibre Yarn Market Revenues & Volume, By Grinding Wheel Reinforcements, 2021-2031F |
6.3 Australia Glass Fibre Yarn Market, By End-use Industries |
6.3.1 Overview and Analysis |
6.3.2 Australia Glass Fibre Yarn Market Revenues & Volume, By Aerospace Industry, 2021-2031F |
6.3.3 Australia Glass Fibre Yarn Market Revenues & Volume, By Automotive Industry, 2021-2031F |
6.3.4 Australia Glass Fibre Yarn Market Revenues & Volume, By Construction Industry, 2021-2031F |
6.3.5 Australia Glass Fibre Yarn Market Revenues & Volume, By Electrical Industry, 2021-2031F |
7 Australia Glass Fibre Yarn Market Import-Export Trade Statistics |
7.1 Australia Glass Fibre Yarn Market Export to Major Countries |
7.2 Australia Glass Fibre Yarn Market Imports from Major Countries |
8 Australia Glass Fibre Yarn Market Key Performance Indicators |
8.1 Research and development investment in glass fibre yarn technology |
8.2 Adoption rate of glass fibre yarn in new applications |
8.3 Number of partnerships and collaborations with key industries for product development |
8.4 Percentage increase in demand for glass fibre yarn in targeted industries |
8.5 Customer satisfaction and repeat business rate for glass fibre yarn products |
9 Australia Glass Fibre Yarn Market - Opportunity Assessment |
9.1 Australia Glass Fibre Yarn Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Australia Glass Fibre Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Australia Glass Fibre Yarn Market Opportunity Assessment, By End-use Industries, 2021 & 2031F |
10 Australia Glass Fibre Yarn Market - Competitive Landscape |
10.1 Australia Glass Fibre Yarn Market Revenue Share, By Companies, 2024 |
10.2 Australia Glass Fibre Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |