Product Code: ETC215676 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India glass fibre yarn market import shipment demonstrated a robust expansion with a CAGR of 12.4% from 2020 to 2024. However, the growth rate slightly slowed down between 2023 and 2024, indicating a stabilization in the market's momentum towards the end of the period.
The India glass fiber yarn market is an integral part of the country`s textile and industrial materials industry. Glass fiber yarn is made from fine glass fibers and is used in various applications, including reinforcement in composites, insulation, and filtration. The market is driven by factors such as the growth of the composites industry, increasing demand for industrial filtration solutions, and the use of glass fiber yarn in various technical textiles. Key players in the market include glass fiber yarn manufacturers, composite product manufacturers, and industries requiring specialized yarns.
The India glass fiber yarn market is influenced by several key drivers. Firstly, the demand for glass fiber yarn is driven by its applications in various industries, including construction, automotive, aerospace, and electronics. Glass fiber yarn is used as a reinforcing material in composites, providing strength and durability to end products. The growth of the construction sector in India and the need for lightweight and durable materials contribute to the demand for glass fiber yarn. Secondly, the automotive industry`s expansion and the increasing adoption of lightweight materials in vehicles fuel the market`s growth. The growth of the electrical and electronics industry and the need for insulating materials also support the demand for glass fiber yarn. Moreover, the increasing use of glass fiber yarn in high-performance applications, such as sporting goods and military equipment, further stimulates the market`s expansion.
The India glass fiber yarn market faces specific challenges. Firstly, the cost-intensive nature of glass fiber production and yarn processing can affect the affordability of glass fiber yarns compared to conventional yarns. Manufacturers need to find a balance between cost and quality to make glass fiber yarns competitive in the market. Secondly, the limited awareness and knowledge of glass fiber yarn applications in various industries can hinder market expansion. Educating potential end-users about the benefits and applications of glass fiber yarn is essential to overcome this challenge.
The India glass fiber yarn market faced challenges during the Covid-19 pandemic. With disruptions in manufacturing and limited export opportunities, the market experienced constraints in meeting demand. However, the demand for glass fiber yarn for use in composites, construction materials, and industrial applications remained relatively stable during the pandemic. The gradual recovery of industrial activities and increased adoption of glass fiber composites in various sectors are expected to drive the India glass fiber yarn market in the post-pandemic period.
The India glass fiber yarn market is served by manufacturers specializing in glass fiber yarn production. Some notable players in this sector include Hightex Dynamic India Pvt. Ltd., U.P. Twiga Fiberglass Limited, Lanxess India Private Limited, and Unifrax India Pvt. Ltd. These companies offer a wide range of glass fiber yarn with different Tex counts and finishes to cater to various industrial applications, including composites, insulation, and reinforcement. Their focus on research and development, quality assurance, and product customization has made them key players in the glass fiber yarn market in India.
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 India Glass Fibre Yarn Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Glass Fibre Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 India Glass Fibre Yarn Market - Industry Life Cycle |
3.4 India Glass Fibre Yarn Market - Porter's Five Forces |
3.5 India Glass Fibre Yarn Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Glass Fibre Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Glass Fibre Yarn Market Revenues & Volume Share, By End-use Industries, 2021 & 2031F |
4 India 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 products. |
4.2.3 Expansion of the construction industry in India, driving the demand for glass fiber yarn in applications like reinforcement materials. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Lack of awareness about the benefits of glass fiber yarn among potential end-users. |
4.3.3 Intense competition from substitute materials like carbon fiber and aramid fiber. |
5 India Glass Fibre Yarn Market Trends |
6 India Glass Fibre Yarn Market, By Types |
6.1 India Glass Fibre Yarn Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Glass Fibre Yarn Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Glass Fibre Yarn Market Revenues & Volume, By Single Yarns, 2021-2031F |
6.1.4 India Glass Fibre Yarn Market Revenues & Volume, By Multi-end Yarn, 2021-2031F |
6.1.5 India Glass Fibre Yarn Market Revenues & Volume, By Coated Glass Yarn, 2021-2031F |
6.1.6 India Glass Fibre Yarn Market Revenues & Volume, By Textile Glass Yarn, 2021-2031F |
6.2 India Glass Fibre Yarn Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Glass Fibre Yarn Market Revenues & Volume, By Printed Circuit Board, 2021-2031F |
6.2.3 India Glass Fibre Yarn Market Revenues & Volume, By Glass Fibre Wall Coverings, 2021-2031F |
6.2.4 India Glass Fibre Yarn Market Revenues & Volume, By Electrical And Thermal Insulation, 2021-2031F |
6.2.5 India Glass Fibre Yarn Market Revenues & Volume, By Grinding Wheel Reinforcements, 2021-2031F |
6.3 India Glass Fibre Yarn Market, By End-use Industries |
6.3.1 Overview and Analysis |
6.3.2 India Glass Fibre Yarn Market Revenues & Volume, By Aerospace Industry, 2021-2031F |
6.3.3 India Glass Fibre Yarn Market Revenues & Volume, By Automotive Industry, 2021-2031F |
6.3.4 India Glass Fibre Yarn Market Revenues & Volume, By Construction Industry, 2021-2031F |
6.3.5 India Glass Fibre Yarn Market Revenues & Volume, By Electrical Industry, 2021-2031F |
7 India Glass Fibre Yarn Market Import-Export Trade Statistics |
7.1 India Glass Fibre Yarn Market Export to Major Countries |
7.2 India Glass Fibre Yarn Market Imports from Major Countries |
8 India Glass Fibre Yarn Market Key Performance Indicators |
8.1 Research and development investment in innovative glass fiber yarn technologies. |
8.2 Number of new applications utilizing glass fiber yarn. |
8.3 Environmental impact metrics related to the production and use of glass fiber yarn. |
9 India Glass Fibre Yarn Market - Opportunity Assessment |
9.1 India Glass Fibre Yarn Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Glass Fibre Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Glass Fibre Yarn Market Opportunity Assessment, By End-use Industries, 2021 & 2031F |
10 India Glass Fibre Yarn Market - Competitive Landscape |
10.1 India Glass Fibre Yarn Market Revenue Share, By Companies, 2024 |
10.2 India Glass Fibre Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |