Market Forecast by Countries (United States, Canada), 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: ETC182886 | Publication Date: May 2021 | Updated Date: Mar 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
Report Name | North America Glass Fibre Yarn Market |
Forecast Period | 2025-2031 |
Market Size | USD 3.5 billion By 2031 |
CAGR | 4.08% |
Growing Sector | Construction |
North America Glass Fibre Yarn Market report thoroughly covers the market By countries, By Product Type, By Application and By End Use Industries. 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.
North America Glass Fibre Yarn Market was valued at USD 2.5 billion and is expected to reach USD 3.5 billion , growing at a CAGR of around 4.08 % from 2025-2031. The North American glass fibre yarn market is experiencing steady growth, driven by increasing demand from industries such as construction, automotive, aerospace, and electronics.
Glass Fibre Yarn market in North America is experiencing steady growth, is driven by increasing demand from key industries such as construction, automotive, aerospace, and electrical insulation. The material’s lightweight, high strength, and thermal resistance make it a preferred choice for applications in reinforced plastics, printed circuit boards, and composite materials. The growing adoption of glass fibre yarn in sustainable construction, driven by energy efficiency regulations, further propels market growth.
According to 6Wresearch, the North America Glass Fibre Yarn Market Size is expected to reach a significant CAGR of 4.08% during the forecast period 2025-2031. Technological advancements, including automation in manufacturing and innovative fibre compositions, are enhancing product performance and expanding its applications. Additionally, government investments in infrastructure projects and the expansion of renewable energy sectors, such as wind energy, are contributing to increased usage of glass fibre yarn.
Despite its growth, the market faces several challenges, including fluctuating raw material prices, which impact production costs and pricing stability. Environmental regulations regarding emissions from glass fibre production and the disposal of composite materials pose additional hurdles for manufacturers. The presence of alternative materials, such as carbon fibre and natural fibres, also creates competitive pressures. Supply chain disruptions, particularly due to geopolitical factors and trade restrictions, may affect the availability of key raw materials and finished products. Furthermore, high initial investment costs for advanced manufacturing technologies can be a barrier for smaller market players trying to compete with established companies.
Trends in the market include rising demand in industries such as construction, automotive, aerospace, and electronics due to its lightweight, high strength, and thermal resistance properties. Technological advancements, including the integration of digital manufacturing processes, are enhancing production efficiency and expanding applications. Additionally, sustainability concerns are driving innovations in eco-friendly and recyclable fibre yarn products. However, challenges such as fluctuating raw material prices and regulatory constraints may impact market expansion. The United States, Canada, and Mexico remain the key contributors to market growth.
The North American Glass Fibre Yarn Industry offers significant investment opportunities for companies looking to enter or expand their presence in the region. With a stable economic climate, growing demand from key industries, and advancements in manufacturing technologies, the market presents lucrative prospects for potential investors. Investment opportunities can also be found in R&D initiatives aimed at developing new applications and products to cater to evolving consumer needs and industry requirements. Strategic partnerships, mergers, and acquisitions can also help businesses strengthen their market position and capitalize on emerging growth trends.
Glass Fibre Yarn market in North America is moderately consolidated, with major players accounting for a significant share of the market. Some of the key industry players include Owens Corning, Jushi Group, Saint-Gobain Vetrotex, AGY Holding Corp., and PPG Industries Inc. These companies are actively engaged in strategic initiatives such as mergers, acquisitions, and partnerships to expand their product portfolio and market reach.
The North American glass fibre yarn market is subject to various government regulations and policies, which may impact market dynamics. For instance, the US Environmental Protection Agency (EPA) regulates the use of chemicals in manufacturing processes to ensure environmental safety and health standards are met. Companies must comply with these regulations and maintain proper waste management practices. Stringent emission control laws also influence production processes and may add costs for manufacturers. However, increasing focus on sustainable development and eco-friendly products is encouraging companies to adopt greener practices, which can lead to long term benefits for the industry.
The glass fibre yarn market in North America has been experiencing steady growth over the past few years, and this trend is expected to continue in the coming years. The increasing demand for lightweight and durable materials in various industries such as construction, aerospace, automotive, and wind energy has been a major driver for the growth of this market. In addition, with the rising concern for environmental sustainability, there has been a shift towards using eco-friendly materials like glass fibre yarns in place of traditional materials such as steel and aluminum. This has further boosted the demand for glass fibre yarns in North America.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Dhaval, Research Manager, 6Wresearch, The US dominates the glass fibre yarn market in North America, followed by Canada and Mexico. The growth of the US market can be attributed to a strong presence of key players in the region, along with increasing investments in research and development activities for innovative products.
In terms of product type, single yarns currently dominate the North American glass fibre yarn market. This can be attributed to their widespread use in various industries and applications due to their high strength and durability.
Among the various applications of glass fibre yarn in North America, electrical and thermal insulation currently dominate the market. This can be attributed to the growing demand for energy-efficient solutions and strict building codes that require proper insulation for optimal performance. The use of glass fibre yarn in this application provides superior thermal resistance, making it a preferred choice in industries such as construction, automotive, and aerospace.
The construction industry currently dominates the North American glass fibre yarn market, owing to the increasing demand for fire-resistant and lightweight materials in building and infrastructure projects.
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 North America Glass Fibre Yarn Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Glass Fibre Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 North America Glass Fibre Yarn Market - Industry Life Cycle |
3.4 North America Glass Fibre Yarn Market - Porter's Five Forces |
3.5 North America Glass Fibre Yarn Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Glass Fibre Yarn Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 North America Glass Fibre Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 North America Glass Fibre Yarn Market Revenues & Volume Share, By End-use Industries, 2021 & 2031F |
4 North America Glass Fibre Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Glass Fibre Yarn Market Trends |
6 North America Glass Fibre Yarn Market, 2021 - 2031 |
6.1 North America Glass Fibre Yarn Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.2 North America Glass Fibre Yarn Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3 North America Glass Fibre Yarn Market, Revenues & Volume, By End-use Industries, 2021 - 2031 |
7 United States Glass Fibre Yarn Market, 2021 - 2031 |
7.1 United States Glass Fibre Yarn Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.2 United States Glass Fibre Yarn Market, Revenues & Volume, By Application, 2021 - 2031 |
7.3 United States Glass Fibre Yarn Market, Revenues & Volume, By End-use Industries, 2021 - 2031 |
8 Canada Glass Fibre Yarn Market, 2021 - 2031 |
8.1 Canada Glass Fibre Yarn Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.2 Canada Glass Fibre Yarn Market, Revenues & Volume, By Application, 2021 - 2031 |
8.3 Canada Glass Fibre Yarn Market, Revenues & Volume, By End-use Industries, 2021 - 2031 |
9 North America Glass Fibre Yarn Market Key Performance Indicators |
10 North America Glass Fibre Yarn Market - Opportunity Assessment |
10.1 North America Glass Fibre Yarn Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Glass Fibre Yarn Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10.3 North America Glass Fibre Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
10.4 North America Glass Fibre Yarn Market Opportunity Assessment, By End-use Industries, 2021 & 2031F |
11 North America Glass Fibre Yarn Market - Competitive Landscape |
11.1 North America Glass Fibre Yarn Market Revenue Share, By Companies, 2021 |
11.2 North America Glass Fibre Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |