Home > Advanced Materials > Middle East and Africa E-Glass Yarn Market Analysis, Top Share to 2030
Straits Research

Middle East and Africa E-Glass Yarn Market

Middle East and Africa E-Glass Yarn Market: Information by Yarn Type (Single Yarn and Piled Yarn), Grade (E-68, E-34, and Others), End-User (Textile, Energy), and Country (Saudi Arabia, Qatar) —Forecast till 2030

Table of Content Download Sample

Market Overview

The Middle East and Africa E-Glass yarn market size was valued at USD 267 million in 2021 and is projected to reach USD 394 million by 2030, registering a CAGR of 3.4% during the forecast period (2022-2030).

Highlights

  • Piled yarn dominates the market by yarn type.
  • The other segments dominate the market by grade. 
  • Building and construction dominate the market by end-user.

E-Glass fiberglass yarns are the most basic binding element in all electrical insulations and fireproofing systems. E-glass fiber, also known as electrical grade yarn, is widely used in the aerospace, construction, industrial, wind energy, pipes and tanks, electrical and electronics, and automotive industries due to its exceptional properties, which make it capable of enhancing the overall performance of the product while providing properties such as electrical insulation, dimensional stability, and fire resistance.

Market Snapshot

Base Year:
2021
Study Period:
2020-2030
CAGR:
3.4 %
Get more information on this report Download Sample Report

Market Dynamics

The Middle East and Africa E-Glass Yarn Market Drivers

Demand for Printed Circuits, Semiconductors

Increasing demand for semiconductors and printed circuits, as well as the growth of the telecommunications industry, are anticipated to drive the demand for E-glass fibers. Along with E-glass yarn's primary advantages of outstanding electric conductivity and the capacity for high-speed data transmissions, this is anticipated to fuel the market's growth.

In addition, using knitted fabrics and developing laminates for marble and other natural stone surfaces are major market trends for E-glass yarn. Along with the rising demand for stone laminated, it is anticipated that the elasticity and resistance to all types of forces offered by E-glass fibers in the weaving of fabrics will contribute to the market's growth. 

Demand for E-glass Yarn in the Construction Sector

The construction industry has expanded as governments prioritize infrastructure development after the pandemic. Increased demand for E-glass yarn products is a consequence of the need to increase the durability and integrity of structural components. These E-glass yarns provide superior thermal and electrical insulation, heat resistance, and dimensional stability. E-glass yarn products require less maintenance than traditional wood decking and railings. In addition, they are used to manufacture insulated wall panels, bridge spans, bridge railings, sanitary equipment, doors, and windows.

The Middle East and Africa E-Glass Yarn Market Restraints

Capital-Intensive Production and Intricate Manufacturing Process

The production of glass fiber filament is extremely capital-intensive and requires substantial investments. To commercialize the final products, developing new technologies for producing low-cost glass fiber yarns is necessary. Production and development initiatives aim to reduce glass fiber yarns' production costs using innovative technologies and process solutions. According to industry experts, the production procedure for glass fiber yarn is intricate and time-consuming compared to other products. Governments, research labs, and glass fiber manufacturers view the development of low-cost and simple technologies for the commercial production of low-cost fiberglass fiber yarn as a significant challenge.

Issues Regarding E-glass Yarn Recycling

E-glass fabric is an effective insulator. As recycling is difficult, the E-glass textile market faces a significant challenge. When disposing of E-glass yarn material, appropriate disposal methods and using PPE attire are essential for employees' physical safety in the disposal process. Emerging nations lack the necessary infrastructure and recycling practices for the secure disposal of E-glass yarn, resulting in substantial waste.

The Middle East and Africa E-Glass Yarn Market Opportunities

Demand for Alternative Fuel Sources

As the world's capacity to produce fossil fuels declines, the demand for alternative fuel sources grows. Wind energy is one of the primary renewable energy sources. Increasing demand for wind energy is driving the growth of the glass fiber yarn market. Glass fiber filament is utilized in wind turbine components. Glass-fiber-constructed wind turbine blades are more durable and resist corrosion and fatigue failure.

Segmental Analysis

The Middle East and Africa E-glass yarn market is segmented based on yarn type, grade, and end-user.

Based on yarn type, the market is segmented into a single yarn and piled yarn.

Piled yarn dominated the market and is expected to register a CAGR of 2.9% over the forecast period.

Based on Grade, the market is segmented into E-68, E-34, and others.

The other segments are expected to dominate the market, registering the highest CAGR of 2.7% over the forecast period.

Based on end-user, the market is segmented into textile, automotive and transportation, building and construction, energy, electronics and electricals, and others.

The building and construction segment dominated the market and is expected to register a CAGR of 4.7% over the forecast period.

Find Regional level market intelligence here !

Regional Analysis

The Middle East and Africa's textile, automotive and transportation industries are rapidly expanding. Due to advantages such as fire resistance and high tensile strength, among others, it is anticipated that the market for E-glass yarn assemblies will expand as new transportation projects with expanding regional infrastructure, such as rail projects, are frequently funded. This is anticipated to promote the market expansion and penetration of E-glass filament and its increased demand in the locomotive industry.

The diminishing trend in communications, electronics, and other industries and the rising demand for ultrathin printed circuit board (PCB) substrates to enable high-performance chipsets are anticipated to boost the regional market.

Regional Growth Insights Download Free Sample

Top Key Players of Middle East and Africa E-Glass Yarn Market

  1. Owens Corning 
  2. Jushi Group 
  3. PPG Industries
  4. Taishan Fiberglass (Sinoma)
  5. Binani-3B
  6. Nippon Electric Glass Nittobo
  7. Saint-Gobain Vetrotex 
  8. Taiwan Glass Group

Report Scope

Report Metric Details
CAGR 3.4%
Forecast Period 2023-2031
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered
  1. By Yarn Type
    1. Single Yarn 
    2. Piled Yarn 
  2. By Grade
    1. E-68
    2. E-34 
    3. Others
  3. By End-User
    1. Textile 
    2. Automotive and Transportation 
    3. Building and Construction
    4. Energy
    5. Electronics and Electricals
    6. Others

Middle East and Africa E-Glass Yarn Market Segmentation

By Yarn Type

  • Single Yarn
  • Piled Yarn

By Grade

  • E-68
  • E-34
  • Others

By End-User

  • Textile
  • Automotive and Transportation
  • Building and Construction
  • Energy
  • Electronics and Electricals
  • Others

By Country

  • Saudi Arabia
  • Qatar
  • UAE
  • Egypt
  • Rest of Middle East and Africa
Price Starts From
USD 995

Purchase Benefits

  • Eligible for a free updated report next year
  • Completely customizable scope
  • 30% discount on your next purchase
  • Dedicated account manager
  • Query resolution within 24 hours
  • Permission to print the report
Want to learn more about recent trends and data ?
They Already Trust Us :
Need Assistance?
+1 646 905 0080 (U.S.)
+44 203 695 0070 (U.K.)
sales@straitsresearch.com

Report Benefits

  • Develop business strategies by understanding the trends shaping and driving the Market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Market in the future.
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analysing the company share of market leaders.
  • Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
  • Track sales in the global and country-specific Market.
  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.
Report Snapshot
Looking For Custom Report ?
Check Our License Options :

As featured on :

clients
Trusted by Fortune 500
Over 30000+ subscribers