Fiberglass Market Size, Share, and Growth Analysis

Global Fiberglass Market

Fiberglass Market By Glass Type (E Glass, ECR Glass), By Product Type (Glass wool, Direct & Assembled Roving), By Application (Composites, Insulation), By Region - Industry Forecast 2025-2032


Report ID: SQMIG15F2237 | Region: Global | Published Date: June, 2025
Pages: 195 |Tables: 125 |Figures: 77

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Fiberglass Market Insights

Global Fiberglass Market size was valued at USD 16.77 billion in 2023 and is poised to grow from USD 17.47 billion in 2024 to USD 24.29 billion by 2032, growing at a CAGR of 4.2% during the forecast period (2025-2032).

The fiberglass industry is growing rapidly as the demand from automotive, construction and renewable energy industries increases. Fiberglass is a lightweight, corrosion-resistant material that can be applied in a wide variety of applications as a substitute to traditional materials (e.g. aluminum and steel) that require greater durability and energy efficiency. High fuel economy and emissions standards in automotive manufacturing have expanded the use of fiberglass composites for automotive parts and components. Furthermore, widespread infrastructure development in emerging economies is sustaining fiberglass demand in the construction industry, especially for a manufactured panel for insulation, roofing, and panels.

There are some market restraints, including production costs and environmental concerns regarding the disposal and recycling of fiberglass waste. A major constraint is the energy intensive manufacturing process and limited availability of raw materials, both of which may prevent scalability. Yet new developments in bio-based resins and recycling capabilities are all beginning to address these challenges. Additionally, growing investments in wind energy projects and recent momentum on smart city projects globally are providing emerging markets for fiberglass applications in wind energy blades and advanced building materials, respectively; this will ensure a healthy long-term outlook for the fiberglass market.

Is the shift towards lightweight materials in automotive and aerospace industries accelerating fiberglass demand?

The rapidly evolving demand for lightweight, high strength materials driven by added regulatory scrutiny to reduce emissions and improve fuel economy is being reflected through the broader automotive and aerospace markets. Automakers are gradually starting to use fiberglass composites in vehicle structures, body panels, and interiors to promote weight reduction with no regard to durability. Likewise, airplane manufacturers are incorporating fiberglass in rudimentary components like fairings, floor panels, and ductwork. The opportunities for fiberglass to provide design flexibility while reducing up-front costs position fiberglass to be the material of choice within these high-growth, transport markets.

How is the growing demand for renewable energy infrastructure influencing fiberglass usage?

The expanded development of wind energy projects on a global scale will increase the demand for materials with high durability and weather resistance. The great demand for wind turbine blades, as they need lightweight and resilient materials, has resulted in an increase in the use of fiberglass composites for this composite industry. Their usage compliments global decarbonizing efforts, whereby durable materials with a long lifespan are necessary to support large-scale renewable energy projects. Also, fiberglass is cost effective relative to carbon fiber for many applications, helping to contribute in the shift to low-carbon technologies.

Market snapshot - 2025-2032

Global Market Size

USD 16.77 billion

Largest Segment

Glass Wool

Fastest Growth

Glass Wool

Growth Rate

4.2% CAGR

Global Fiberglass Market Analysis ($ Bn)
Country Share for Asia Pacific Region (%)

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Fiberglass Market Segments Analysis

The global fiberglass market is segmented by Product Type, Glass Type, Application, End User and region. Based on Product Type, the market is segmented into Glass Wool, Direct & Assembled Roving, Yarn, Chopped Strand and Others. Based on Glass Type, the market is segmented into E Glass, ECR Glass, H Glass, AR Glass, S Glass and Others. Based on Application, the market is segmented into Composites and Insulation. Based on End User, the market is segmented into Transportation, Building & Construction, Electrical & Electronics, Pipe & Tank, Consumer Goods, Wind Energy and Others. Based on region, the fiberglass market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Why is Glass Wool the Dominating Product Type in the Fiberglass Market?

Chopped strand is the dominant sub-segment in glass wool because it can be applied in a wide range of applications in construction, automotive and electronics. All of these applications use short glass fibers to provide insulation, strength and chemical compatibility with thermoset resins primarily in injection molding and compression molding. Because chopped strand is lightweight (low density), and multifunctional in building plastics, short strand glass fibers are used to steel reinforce composite automotive parts as the automotive industry replaces metal for better fuel economics. Chopped strands are very competitive in roofing systems, waterproofing applications and piping applications which assures consistent annual demand for chopped strand. Current global trends for energy-efficient buildings and new emissions standards are also adding momentum for the adoption of chopped strand products for thermal insulation and lightweight composites particularly in the developed economies.

Why is Composites the Dominating Application Segment in the Fiberglass Market?

Composites remain the leading application of fiberglass due to their extensive use in automotive, aerospace, construction, and electrical sectors. Fiberglass-reinforced composites have a good strength-to-weight ratio, thermal stability, corrosion resistance, and, compared to traditional materials like steel or aluminum, composites are economical. The composites industry is recognized by the automotive industry as an opportunity to reduce vehicle weight and meet strict fuel efficiency and emissions standards. 

The construction industry, however, makes use of fiberglass composites in applications like bridges, rebar, and structural panels due to wear properties and resistance to extreme climates. The shift toward replacing metal with composites in infrastructure or transport has continued to increase demand in this sector. The fastest growing segment is insulation, driven by a global focus on energy-efficient buildings and green building standards. Fiberglass insulation has good thermal, fire, and acoustic properties, and is relatively inexpensive. Governments in the U.S., EU, and Asia-Pacific are providing incentives for retrofitting projects and enacting building codes that created better insulation standards.

Global Fiberglass Market Analysis by Product Type

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Fiberglass Market Regional Insights

Why is Asia Pacific Dominates Fiberglass in 2024?

Asia Pacific tops the global fiberglass market share with fast industrialization, booming construction, and expanding automobile manufacture in major economies. Countries like China and India have also required heavy investment in comprehensive development, with lots of activities taking place, causing demand for lightweight building materials that have high durability and strength, even high-end, durable materials such as fiberglass. The low manufacturing costs with affordable raw materials available will keep demand in on-going standards with positive conditions. In addition, renewable energy installations in the region, for example, wind power along with composites, will also contribute to increase demand. The governments are providing incentives for electric vehicles but also in energy-efficient buildings also for future demand.

China Fiberglass Market

China leads the Asia Pacific fiberglass market growth owing to its vast construction and automotive sectors. The country is the largest global fiberglass producer and exporter. Local firms are expanding capacity and adopting advanced production techniques. In April 2024, China Jushi Co., Ltd., a leading fiberglass manufacturer, announced the expansion of its intelligent production line in Tongxiang, aiming to increase output and reduce energy consumption. The nation's "New Infrastructure" strategy and continued investments in smart grids, 5G base stations, and high-speed rail are creating steady demand for fiberglass-reinforced products.

India Fiberglass Market

India's fiberglass market demand is witnessing strong growth due to infrastructure development, renewable energy expansion, and rising demand in wind energy and automotive sectors. The government's "Make in India" initiative and production-linked incentive (PLI) schemes are encouraging local manufacturing. In February 2024, Owens Corning announced plans to expand its fiberglass insulation plant in India to cater to the increasing demand in residential and commercial buildings. Moreover, the country’s ambitious renewable targets, especially for wind power, are driving the use of fiberglass composites in turbine blades and related applications.

Why North America is the fastest-growing region for Fiberglass?

North America is emerging as the fastest-growing region in the fiberglass market share due to rising demand across construction, automotive, and aerospace industries. The region is seeing increasing preference for energy-efficient, sustainable, and lightweight materials, particularly in green buildings and electric vehicles. Advancements in composite technologies and higher penetration of fiberglass in industrial applications are contributing factors. Federal incentives for renewable energy projects and EV adoption are also accelerating fiberglass usage. Moreover, major manufacturers are investing in research and development to create high-performance fiberglass solutions tailored to regional needs.

U.S. Fiberglass Market

The U.S. is a significant contributor to the North American fiberglass market growth, driven by demand in construction, automotive, and defense sectors. Increasing retrofitting activities and energy-efficient construction projects are fueling the need for fiberglass insulation and reinforcements. In March 2024, Johns Manville, a Berkshire Hathaway company, announced a new high-performance fiberglass product line targeting electric vehicle components. Additionally, robust investments in wind energy and infrastructure modernization projects under the Bipartisan Infrastructure Law are boosting market prospects for fiberglass composites across applications.

Canada Fiberglass Market

Canada’s fiberglass market trends is benefiting from growing applications in building insulation, renewable energy, and transportation. The government’s focus on reducing carbon emissions is encouraging the adoption of sustainable materials like fiberglass. In January 2024, Saint-Gobain expanded its production capabilities in Ontario, focusing on eco-friendly fiberglass insulation products. Strong housing demand, coupled with green building certifications such as LEED, is driving the use of fiberglass materials in residential and commercial sectors. Additionally, increased investments in wind and hydro energy infrastructure are opening new avenues for fiberglass composite applications.

How is Europe Maintaining its Dominance in Fiberglass Industry?

Europe holds a strong position in the fiberglass market share supported by its well-established automotive and aerospace industries, stringent environmental regulations, and aggressive renewable energy targets. The region’s focus on sustainability and energy efficiency under the EU Green Deal is driving demand for fiberglass composites in construction, wind energy, transportation, and industrial applications. Continuous investments in infrastructure modernization, coupled with rising retrofit activities to improve building insulation, also stimulate fiberglass consumption. Furthermore, Europe’s advanced manufacturing capabilities and innovation in high-performance composites enable it to maintain competitiveness globally.

Germany Fiberglass Market

Germany is a key fiberglass market player, driven primarily by its automotive and wind energy sectors. The country is a pioneer in adopting lightweight composites for electric and hybrid vehicles to enhance fuel efficiency. The German government’s Renewable Energy Sources Act (EEG) encourages wind power investments, which require high volumes of fiberglass for turbine blades and components. In April 2024, Röchling Group unveiled a new range of fiberglass-reinforced composites designed specifically for electric vehicles, offering improved strength-to-weight ratios. Additionally, Germany’s construction sector is undergoing extensive retrofitting to meet stringent energy efficiency standards, further boosting demand for fiberglass insulation. The country’s strong R&D infrastructure supports continuous development of sustainable fiberglass products with reduced environmental impact.

France Fiberglass Market

France’s fiberglass market growth is driven by energy-efficient building initiatives and renewable energy expansion. The government’s commitment to achieving carbon neutrality by 2050 is accelerating the use of fiberglass insulation and composites in residential and commercial construction. In early 2024, Saint-Gobain launched an innovative recyclable fiberglass insulation product line aligned with EU Green Deal targets, enhancing thermal performance while reducing waste. France is also expanding its offshore wind capacity, increasing demand for fiberglass materials in turbine manufacturing. Moreover, growing urbanization and infrastructure upgrades are stimulating use of fiberglass in bridges, facades, and transportation sectors. The French market benefits from supportive policies, including subsidies for green buildings and energy renovations.

Italy Fiberglass Market

Italy’s fiberglass market growth is expanding mainly due to demand from marine, construction, and automotive sectors. The country’s extensive coastline drives significant fiberglass use in boat building and marine equipment. In March 2024, Saertex Italy partnered with leading shipbuilders to supply high-performance fiberglass fabrics for lightweight, durable hull construction, improving fuel efficiency and durability. Italy’s construction sector is also adapting to EU energy efficiency regulations, increasing fiberglass insulation adoption for residential retrofits and new builds. Furthermore, the Italian automotive industry is exploring fiberglass composites to reduce vehicle weight and emissions. Government incentives for renewable energy projects, particularly solar and wind, provide additional growth drivers. Italy’s strong tradition in craftsmanship combined with technological advancements fosters innovation in fiberglass applications.

Global Fiberglass Market By Geography
  • Largest
  • Fastest

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Fiberglass Market Dynamics

Fiberglass Market Drivers

Increasing Use in Automotive Industry

  • The adoption of fiberglass composites is gaining traction in the automotive industry, thanks to their durable and lightweight nature, which improves fuel efficiency and reduces emissions. Components made of fiberglass are used in body panels, bumpers, and interior components, giving manufacturers an available option to comply with stricter environmental regulations. Increased consumer demand for electric vehicles (EVs) has contributed to the expanding use of lightweight materials, including fiberglass, to boost performance and reduce overall vehicle weight. The shift towards adopting fiberglass is expanding the fiberglass market, especially as more automakers place importance on sustainability and seek cost-effective replacements for metals.

Advancements in Composite Technology

  • New advancements in fiberglass composites technology have improved product quality and performance. Resin formulations have improved. Also, manufacturing methods have advanced with things like vacuum infusion and automated processes that allow for improved strength and durability with quicker production times and lower costs. Improved quality and performance in composite materials create further opportunities for the use of fiberglass in more complex ways within aerospace, marine and industrial uses. Wider application possibilities help improve the market opportunity for fiberglass and demand is being created as these advantages from the improved formulations and processes provide favorable mechanical attributes, as well as chemical resistant properties that are superior to many other products.

Fiberglass Market Restraints

Competition from Alternative Materials

  • The fiberglass market is challenged by stiff competition from competing composite materials, including carbon fiber and aramid fiber, which offer strength and weight advantages for certain performance uses. While these competing materials are generally more expensive, their increasing use in aerospace, automotive and sports applications cut into a fiberglass market share. In addition, aluminum and advanced plastics remain the preferred material of choice in many industries due to established infrastructure for manufacturing and recyclability, presenting challenges for fiberglass penetration, especially in circumstances where cost and recycling are important.

Recycling and Disposal Challenges

  • Fiberglass products are difficult to recycle because they are composite, combining glass fibers with resins. This results in significant environmental disposal challenges that can increase costs associated with waste management and can lead to regulatory scrutiny. The concept of recycling is inhibited by the lack of existing recycling technologies that allow for effective reuse, which limits fiberglass sustainability. As industries and consumers become more environmentally conscious, this presents constraints on fiberglass growth, particularly in institutions or regions that have stringent environmental regulations advocating for circular economies and limiting landfill usage.

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Fiberglass Market Competitive Landscape

The global fiberglass market is characterized by intense competition, with leading players employing targeted strategies to solidify their positions. China's Jushi Group, the world's largest fiberglass producer with an annual capacity of 2 million metric tons, is expanding its global footprint by constructing a 120,000-ton facility in Egypt and acquiring a French fiberglass fabric manufacturer to enhance its European presence. Owens Corning, producing approximately 1.4 million metric tons annually, is focusing on innovation and sustainability. The company has developed fiberglass insulation from recycled materials and, in partnership with Pultron Composites, launched PINKBAR™ fiberglass rebar for concrete reinforcement. 

Saint-Gobain is also expanding its market share through strategic acquisitions, such as the purchase of U.P. Twiga Fiberglass Ltd. in India, strengthening its position in the glass wool insulation sector. These companies are not only increasing production capacities but also investing in sustainable and innovative solutions to meet the evolving demands of industries like construction, automotive, and renewable energy.

Top Player’s Company Profiles in Fiberglass Market

  • Owens Corning
  • Saint-Gobain
  • Nippon Electric Glass
  • Jushi Group Co. Ltd.
  • PPG Industries
  • Johns Manville
  • Chongqing Polycomp International Corp.
  • Knauf Insulation
  • China Beihai Fiberglass Co., Ltd.
  • AGY Holding Corp.
  • Fulltech Fiber Glass Corp.
  • BGF Industries Inc.
  • Lanxess AG
  • China National Materials Group Corp. Ltd. (Sinoma)
  • Advanced Composites Inc.
  • Nitto Boseki Co., Ltd.
  • Amatex Corporation
  • TUF Glass Fiber Co., Ltd.
  • Jiangsu Jiuding New Material Co., Ltd.
  • Ticona Engineerig Polymers

Recent Developments in Fiberglass Market

  • In April 2025, Liberia launched its first fiberglass fishing boat production site in Banjor. The initiative introduced durable and eco-friendly fiberglass vessels to replace wooden boats. The project aimed to modernize fisheries and protect forests. It involved managing boats powered by solar engines to reduce costs and emissions.
  • In May 2024, BASF chose sustainable glass fibers for its Ultramid® A & B products. The glass fibers were made by 3B Fibreglass using green electricity. This helped reduce the carbon footprint of BASF’s products by about 10%. BASF and 3B worked together to support sustainability in the fiberglass industry.
  • In June 2022, Owens Corning and Pultron Composites announced their collaboration to produce fiberglass rebar. The collaboration between the companies will enable them to offer more environmentally friendly product solutions and create PINKBAR. Fiber glasses rebar for flatwork and residential applications, as well as MATEENBAR In emerging markets, fiberglass rebar is employed in heavy-load structural applications.

Fiberglass Key Market Trends

Fiberglass Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research. 

As per SkyQuest analysis, the global fiberglass market is witnessing steady growth, driven by the increasing demand for lightweight and durable materials across various industries, particularly in construction, automotive, and wind energy. A key driver fueling this growth is the rising focus on energy efficiency and sustainability. Fiberglass, known for its excellent insulation properties and corrosion resistance, is widely used in applications such as building insulation and composite materials for automotive and aerospace parts. As industries seek to reduce carbon emissions and enhance fuel efficiency, fiberglass composites have become vital substitutes for traditional materials like metal and wood.

Asia Pacific dominates the fiberglass market, led by rapid industrialization, infrastructure development, and expanding manufacturing sectors in countries like China, India, and Southeast Asia. Government investments in renewable energy and construction further bolster regional demand. By product type, glass wool holds the largest market share due to its widespread use in thermal and acoustic insulation. In terms of application, the composites segment is the leading category, driven by its extensive use in automotive, aerospace, and wind turbine blades, offering a blend of strength, flexibility, and reduced weight. However, the market is restrained by the high energy consumption in fiberglass manufacturing and concerns over environmental emissions during production.

Report Metric Details
Market size value in 2023 USD 16.77 billion
Market size value in 2032 USD 24.29 billion
Growth Rate 4.2%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Product Type
    • Glass Wool
    • Direct & Assembled Roving
    • Yarn
    • Chopped Strand
    • Others
  • Glass Type
    • E Glass
    • ECR Glass
    • H Glass
    • AR Glass
    • S Glass
    • Others
  • Application
    • Composites
    • Insulation
  • End User
    • Transportation
    • Building & Construction
    • Electrical & Electronics
    • Pipe & Tank
    • Consumer Goods
    • Wind Energy
    • Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Owens Corning
  • Saint-Gobain
  • Nippon Electric Glass
  • Jushi Group Co. Ltd.
  • PPG Industries
  • Johns Manville
  • Chongqing Polycomp International Corp.
  • Knauf Insulation
  • China Beihai Fiberglass Co., Ltd.
  • AGY Holding Corp.
  • Fulltech Fiber Glass Corp.
  • BGF Industries Inc.
  • Lanxess AG
  • China National Materials Group Corp. Ltd. (Sinoma)
  • Advanced Composites Inc.
  • Nitto Boseki Co., Ltd.
  • Amatex Corporation
  • TUF Glass Fiber Co., Ltd.
  • Jiangsu Jiuding New Material Co., Ltd.
  • Ticona Engineerig Polymers
Customization scope

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  • Market dynamics & outlook
  • Region

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Fiberglass Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Fiberglass Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Fiberglass Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Fiberglass Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Fiberglass Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Fiberglass Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Fiberglass Market size was valued at USD 16.77 billion in 2023 and is poised to grow from USD 17.47 billion in 2024 to USD 24.29 billion by 2032, growing at a CAGR of 4.2% during the forecast period (2025-2032).

Owens Corning, Saint-Gobain, Nippon Electric Glass, Jushi Group Co. Ltd., PPG Industries, Johns Manville, Chongqing Polycomp International Corp., Knauf Insulation, China Beihai Fiberglass Co., Ltd., AGY Holding Corp., Fulltech Fiber Glass Corp., BGF Industries Inc., Lanxess AG, China National Materials Group Corp. Ltd. (Sinoma), Advanced Composites Inc., Nitto Boseki Co., Ltd., Amatex Corporation, TUF Glass Fiber Co., Ltd., Jiangsu Jiuding New Material Co., Ltd., Ticona Engineerig Polymers

The adoption of fiberglass composites is gaining traction in the automotive industry, thanks to their durable and lightweight nature, which improves fuel efficiency and reduces emissions. Components made of fiberglass are used in body panels, bumpers, and interior components, giving manufacturers an available option to comply with stricter environmental regulations. Increased consumer demand for electric vehicles (EVs) has contributed to the expanding use of lightweight materials, including fiberglass, to boost performance and reduce overall vehicle weight.

The fiberglass market is now experiencing increased demand from the construction and automotive sectors in the near term. With renewed infrastructure development and lightweight material needs, specifically highlighting the demand for infrastructure development across several regions post-COVID.

Asia Pacific tops the global fiberglass market share with fast industrialization, booming construction, and expanding automobile manufacture in major economies. Countries like China and India have also required heavy investment in comprehensive development, with lots of activities taking place, causing demand for lightweight building materials that have high durability and strength, even high-end, durable materials such as fiberglass. The low manufacturing costs with affordable raw materials available will keep demand in on-going standards with positive conditions.

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Global Fiberglass Market
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