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: ETC215654 | 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 | Brazil Glass Fibre Yarn Market |
Forecast Period | 2025-2031 |
CAGR | 5.4% |
Growing Sector | Construction |
The Brazil Glass Fibre Yarn Market Report thoroughly covers the market by Product Type, Application, and End-Use Industries. The Brazil Glass Fibre Yarn Market Outlook report provides an unbiased and detailed analysis of the ongoing Brazil Glass Fibre Yarn Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
Brazil Glass Fibre Yarn Market is witnessing prominent growth and is expected to grow more in the future. This growth can be attributed to the growing construction industry. Along with this the growing automotive industry, growing awareness about environmental concerns, technological advancements and government initiatives also lead to the growth of the Brazil Glass Fibre Yarn Market.
According to 6Wresearch, Brazil Glass Fibre Yarn Market is anticipated to rise at a CAGR of 5.4% during the period of 2025-2031. One of the major drivers in the growth of Brazil Glass Fibre Yarn Market is the Brazil’s booming construction industry which relies heavily on Glass Fibre Yarn as this durable and lightweight material is crucial for reinforcing concrete structures, roofing, and insulation which in turn fuels the growth of the market. Additionally, Brazil’s booming automotive sector heavily relies on Glass Fibre Yarn as manufacturers use Glass Fibre Yarn extensively for lightweight and fuel-efficient car parts like bumpers, hoods, and body panels which propels the growth of the market.
However, there are also some challenges faced by the Brazil Glass Fibre Yarn Market, such as the lack of skilled labour for the production process for Glass Fibre Yarn which requires specialized skills and knowledge, leads to a higher cost of production, and hinders the market growth. Additionally, high competition from alternative materials such as carbon fiber may hinder the market growth. Furthermore, the cost of raw materials for manufacturing Glass Fibre Yarn can be volatile, which affects the overall production costs and profitability of manufacturers and can hamper the market growth.
Some Key Players in the Brazil Glass Fibre Yarn Market include names like Owens Corning, PPG Industries Inc., Saint-Gobain Vetrotex, Nippon Electric Glass Co. Ltd., Jushi Group Co. Ltd., Chongqing Polycomp International Corporation (CPIC). These companies are actively involved in the production and distribution of Glass Fibre Yarn in Brazil, catering to the growing demand from various industries and they invest in new technologies and innovations to ensure their products remain competitive in the market.
Government initiatives such as offering tax incentives to companies which use eco-friendly materials like Glass Fibre Yarn as it reduces the production costs and encourages more companies to adopt sustainable materials which in turn fuels the market growth. Additionally, the government provides subsidies for research and development in the Glass Fibre Yarn industry which helps companies to innovate and improve their products and makes them more competitive in the market and this in turn propels the market growth. Furthermore, implementation of green procurement policies which require public entities to prioritize the use of sustainable materials in their construction and infrastructure projects, provides a significant market for companies to produce Glass Fibre Yarn and which in turn drives the growth of the market.
Brazil Glass Fibre Yarn Market is witnessing significant growth which can be attributed to the growing construction industry. Along with this the growing automotive industry, growing awareness about environmental concerns, technological advancements, and the government initiatives such as implementation of green procurement policies which require public entities to prioritize the use of sustainable materials in their construction and infrastructure projects, provides a significant market for companies to produce Glass Fibre Yarn will lead to the growth of the Brazil Glass Fibre Yarn Market in coming years.
According to Ravi Bhandari, Research Head, 6Wresearch, the multi-end yarn segment is the dominant segment in the industry and will continue to grow in the coming years due to the increasing demand for multi-end yarn in various industries such as construction, transportation, and energy. Moreover, multi-end yarn offers several benefits compared to single yarns which includes higher strength, improved stiffness, and better impact resistance and these properties make it an ideal choice for applications that require durable and high-performance materials.
Based on Application, the electrical and thermal insulation segment is the dominant segment in the industry and will continue to grow in the coming years due to the increasing demand for energy-efficient materials in various industries, including construction, automotive, and aerospace. Moreover, glass fibre yarn offers excellent insulation properties which makes it an ideal choice for applications that require thermal protection and electrical insulation.
Based on End-Use Industries, the construction industry segment is the dominant segment in the industry and will continue to grow in the coming years due to the government's focus on infrastructure development and increasing investments in this sector. Moreover, Glass fiber yarns are extensively used in various applications in construction such as concrete reinforcement, roofing materials, and precast components due to their lightweight and high-strength properties.
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 Brazil Glass Fibre Yarn Market Overview |
3.1 Brazil Country Macro Economic Indicators |
3.2 Brazil Glass Fibre Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 Brazil Glass Fibre Yarn Market - Industry Life Cycle |
3.4 Brazil Glass Fibre Yarn Market - Porter's Five Forces |
3.5 Brazil Glass Fibre Yarn Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Brazil Glass Fibre Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Brazil Glass Fibre Yarn Market Revenues & Volume Share, By End-use Industries, 2021 & 2031F |
4 Brazil Glass Fibre Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and high-strength materials in various industries such as automotive, construction, and aerospace. |
4.2.2 Increasing focus on sustainable and eco-friendly materials, with glass fiber yarn being a recyclable and energy-efficient option. |
4.2.3 Rise in infrastructure development projects in Brazil, driving the demand for glass fiber yarn in construction applications. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of glass fiber yarn. |
4.3.2 Competition from alternative materials like carbon fiber and aramid fiber, which offer similar properties but at a higher cost. |
4.3.3 Economic instability and currency fluctuations affecting investments and consumer spending in Brazil. |
5 Brazil Glass Fibre Yarn Market Trends |
6 Brazil Glass Fibre Yarn Market, By Types |
6.1 Brazil Glass Fibre Yarn Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Brazil Glass Fibre Yarn Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Brazil Glass Fibre Yarn Market Revenues & Volume, By Single Yarns, 2021-2031F |
6.1.4 Brazil Glass Fibre Yarn Market Revenues & Volume, By Multi-end Yarn, 2021-2031F |
6.1.5 Brazil Glass Fibre Yarn Market Revenues & Volume, By Coated Glass Yarn, 2021-2031F |
6.1.6 Brazil Glass Fibre Yarn Market Revenues & Volume, By Textile Glass Yarn, 2021-2031F |
6.2 Brazil Glass Fibre Yarn Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Brazil Glass Fibre Yarn Market Revenues & Volume, By Printed Circuit Board, 2021-2031F |
6.2.3 Brazil Glass Fibre Yarn Market Revenues & Volume, By Glass Fibre Wall Coverings, 2021-2031F |
6.2.4 Brazil Glass Fibre Yarn Market Revenues & Volume, By Electrical And Thermal Insulation, 2021-2031F |
6.2.5 Brazil Glass Fibre Yarn Market Revenues & Volume, By Grinding Wheel Reinforcements, 2021-2031F |
6.3 Brazil Glass Fibre Yarn Market, By End-use Industries |
6.3.1 Overview and Analysis |
6.3.2 Brazil Glass Fibre Yarn Market Revenues & Volume, By Aerospace Industry, 2021-2031F |
6.3.3 Brazil Glass Fibre Yarn Market Revenues & Volume, By Automotive Industry, 2021-2031F |
6.3.4 Brazil Glass Fibre Yarn Market Revenues & Volume, By Construction Industry, 2021-2031F |
6.3.5 Brazil Glass Fibre Yarn Market Revenues & Volume, By Electrical Industry, 2021-2031F |
7 Brazil Glass Fibre Yarn Market Import-Export Trade Statistics |
7.1 Brazil Glass Fibre Yarn Market Export to Major Countries |
7.2 Brazil Glass Fibre Yarn Market Imports from Major Countries |
8 Brazil Glass Fibre Yarn Market Key Performance Indicators |
8.1 Percentage increase in the adoption of glass fiber yarn in new applications or industries. |
8.2 Average lead time from order placement to delivery of glass fiber yarn products. |
8.3 Percentage reduction in production waste and energy consumption per unit of glass fiber yarn produced. |
9 Brazil Glass Fibre Yarn Market - Opportunity Assessment |
9.1 Brazil Glass Fibre Yarn Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Brazil Glass Fibre Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Brazil Glass Fibre Yarn Market Opportunity Assessment, By End-use Industries, 2021 & 2031F |
10 Brazil Glass Fibre Yarn Market - Competitive Landscape |
10.1 Brazil Glass Fibre Yarn Market Revenue Share, By Companies, 2024 |
10.2 Brazil Glass Fibre Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |