The global E Glass Fiber Yarn industry has a rather high concentration. The major manufacturers are concentrated in China, North America, Europe and Japan, such as Owens Corning, Jushi Group, PPG Industries, CPIC and Taishan Fiberglass (Sinoma). At present, Owens Corning is the world leader, holding 25.85% production market share in 2016.
The global consumption of E Glass Fiber Yarn increases from 4309 K MT in 2012 to 5051 K MT in 2016, at a CAGR of more than 4.05%. In 2016, the global E Glass Fiber Yarn consumption market is led by China and China is the largest region consumption market, accounting for about 41.83% of global consumption of E Glass Fiber Yarn.
E Glass Fiber Yarn downstream is wide and recently E Glass Fiber Yarn has acquired increasing significance in various fields of Electro & Electronics, Transport, Construction, Sport & Leisure and others. Globally, the E Glass Fiber Yarn market is mainly driven by growing demand for Electro & Electronics, Transport and Construction. They accounts for nearly 81.68% of total downstream consumption of E Glass Fiber Yarn in global.
E Glass Fiber Yarn can be mainly divided into Fiber Yarn and Fiber Roving which Fiber Roving captures about 86.76% of E Glass Fiber Yarn market in 2016. According to our research and analysis, manufacturers from North America, Europe, Japan and China are the major leaders in the international market of E Glass Fiber Yarn.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, E Glass Fiber Yarn consumption will show a trend of steady growth. In 2022 the consumption of E Glass Fiber Yarn is estimated to be 6599 K MT. On product prices, the slow downward trend in recent years will maintain in the future.