Glass Fiber Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Fiberglass Market Suppliers & Product Solutions. It is Segmented by Type (Chopped Strands, Glass Wool, Roving, and Yarns), Application (Composites and Insulation), End-User Industry (Building and Construction, Automotive, Aerospace and Defense, Alternative Energy, Consumer Goods, Industrial, and Other End-User Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa). The Report Offers Market Size and Forecasts for the Glass Fiber Market in Revenue (USD Million) for all the Above Segments.

Glass Fiber Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Glass Fiber Market Size

Glass Fiber Market - Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 30.38 Billion
Market Size (2030) USD 36.96 Billion
CAGR (2025 - 2030) 4.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

Glass Fiber Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Glass Fiber Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Glass Fiber Market Analysis

The Glass Fiber Market size is estimated at USD 30.38 billion in 2025, and is expected to reach USD 36.96 billion by 2030, at a CAGR of greater than 4% during the forecast period (2025-2030).

  • The significant factors expected to drive the glass fiber market are the increasing demand from the construction industry and the rising demand for fiberglass composites from the automotive industry.
  • However, the low-profit margin on sales and competition from carbon fiber and rock wool are likely to restrain the growth of the glass fiber market in the upcoming period.
  • The increase in the use of lightweight glass fiber-reinforced plastic (GFRP) composites and the increase in the demand for composite materials from the wind energy sector are opportunities for the market to be studied in the upcoming period.
  • Asia-Pacific is likely to dominate the glass fiber market.

Glass Fiber Industry Overview

The glass fiber market is consolidated. The major players (not in any particular order) include Owens Corning, Saint-Gobain Vetrotex, Johns Manville, Nippon Electric Glass Co. Ltd, and China Jushi Co. Ltd.

Glass Fiber Market Leaders

  1. Owens Corning

  2. Saint-Gobain Vetrotex

  3. Johns Manville

  4. Nippon Electric Glass Co., Ltd.

  5. China Jushi Co., Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Glass Fiber Market Concentration
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Glass Fiber Market News

  • October 2023: Ahlstrom (a manufacturer of fiber-based materials) introduced its new glass fiber tissue line for high-performance building materials. As the market shifts toward sustainable, high-performance building materials, Ahlstrom continues expanding its glass fiber tissue businesses and strengthening its manufacturing operations worldwide with the completion of a significant investment at its manufacturing facility in Madisonville, Kentucky, the United States.
  • August 2022: Owens Corning and Pultron Composites collaborated to manufacture fiberglass rebar. The joint venture between the companies will provide them with more sustainable product solutions. Thus, the companies launched PINKBAR Fiberglas Rebar, used in flatwork and residential applications, and MATEENBAR Fiberglas Rebar, used in heavy-load structural applications in newer markets.
  • February 2022: China Jushi Co. Ltd terminated India's 100,000-ton-per-year alkali-free glass fiber pool kiln wire drawing production line. The company also announced that it would start a new fiberglass manufacturing facility in Egypt. The production capacity of this new plant is expected to be 120,000 tons per annum.

Glass Fiber Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Demand from the Construction Industry
    • 4.1.2 Increasing Demand for Fiberglass Composites from the Automotive Industry
  • 4.2 Restraints
    • 4.2.1 Competition from Carbon Fiber and Rockwool
    • 4.2.2 Low Profit Margin on Sales
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Value)

  • 5.1 Resin Type
    • 5.1.1 Chopped Strands
    • 5.1.2 Glass Wool
    • 5.1.3 Roving
    • 5.1.4 Yarn
  • 5.2 Application
    • 5.2.1 Composites
    • 5.2.2 Insulation
  • 5.3 End-user Industry
    • 5.3.1 Buildings and Construction
    • 5.3.2 Automotive
    • 5.3.3 Aerospace and Defense
    • 5.3.4 Alternative Energy
    • 5.3.5 Consumer Goods
    • 5.3.6 Industrial
    • 5.3.7 Other End-user Industries (Electronics)
  • 5.4 Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 Malaysia
    • 5.4.1.6 Thailand
    • 5.4.1.7 Indonesia
    • 5.4.1.8 Vietnam
    • 5.4.1.9 Rest of Asia-Pacific
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 France
    • 5.4.3.3 United Kingdom
    • 5.4.3.4 Italy
    • 5.4.3.5 Spain
    • 5.4.3.6 Turkey
    • 5.4.3.7 Russia
    • 5.4.3.8 NORDIC
    • 5.4.3.9 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Colombia
    • 5.4.4.4 Rest of South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Nigeria
    • 5.4.5.4 Qatar
    • 5.4.5.5 Egypt
    • 5.4.5.6 UAE
    • 5.4.5.7 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)**/ Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 ASAHI FIBER GLASS Co. Ltd
    • 6.4.2 Binani Industries Ltd
    • 6.4.3 China Jushi Co. Ltd
    • 6.4.4 Chongqing Polycomp International Corp. (CPIC)
    • 6.4.5 CTG Group
    • 6.4.6 Heraeus Holding
    • 6.4.7 Johns Manville
    • 6.4.8 Nippon Electric Glass Co. Ltd
    • 6.4.9 Owens Corning
    • 6.4.10 PFG FIBER GLASS CORPORATION
    • 6.4.11 Saint-Gobain Vetrotex
    • 6.4.12 TAIWAN GLASS IND. CORP.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Growth in the Usage of Lightweight Glass Fiber Reinforced Plastic (GFRP) Composites
  • 7.2 Increasing Demand for Fiberglass Composite Materials for the Wind Energy Sector
**Subject to Availability
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Glass Fiber Industry Segmentation

Glass fiber, also known as fiberglass, is a material composed of extremely fine glass fibers. These fibers can be woven into a fabric or used as a reinforcing material in composite materials. Glass fibers are known for their high strength, lightweight, and corrosion resistance properties, making them suitable for a wide range of applications across industries such as construction, automotive, aerospace, marine, electronics, and telecommunications. They are commonly used in insulation, composites, reinforcement materials, and optical fibers.

The glass fiber market is segmented by type, application, end-user industry, and geography. On the basis of type, the market is segmented into chopped strands, glass wool, roving, and yarn. On the basis of application, the market is segmented into composites and insulation. On the basis of the end-user industry, the market is segmented into building and construction, automotive, aerospace and defense, alternative energy, consumer goods, industrial, and other end-user industries (electronics). The report also covers the market size and forecasts for the glass fiber market in 15 countries across major regions. For each segment, the market sizing and forecast have been done on the basis of value (USD).

Resin Type Chopped Strands
Glass Wool
Roving
Yarn
Application Composites
Insulation
End-user Industry Buildings and Construction
Automotive
Aerospace and Defense
Alternative Energy
Consumer Goods
Industrial
Other End-user Industries (Electronics)
Geography Asia-Pacific China
India
Japan
South Korea
Malaysia
Thailand
Indonesia
Vietnam
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
France
United Kingdom
Italy
Spain
Turkey
Russia
NORDIC
Rest of Europe
South America Brazil
Argentina
Colombia
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Nigeria
Qatar
Egypt
UAE
Rest of Middle East and Africa
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Glass Fiber Market Research FAQs

How big is the Glass Fiber Market?

The Glass Fiber Market size is expected to reach USD 30.38 billion in 2025 and grow at a CAGR of greater than 4% to reach USD 36.96 billion by 2030.

What is the current Glass Fiber Market size?

In 2025, the Glass Fiber Market size is expected to reach USD 30.38 billion.

Who are the key players in Glass Fiber Market?

Owens Corning, Saint-Gobain Vetrotex, Johns Manville, Nippon Electric Glass Co., Ltd. and China Jushi Co., Ltd. are the major companies operating in the Glass Fiber Market.

Which is the fastest growing region in Glass Fiber Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Glass Fiber Market?

In 2025, the Asia Pacific accounts for the largest market share in Glass Fiber Market.

What years does this Glass Fiber Market cover, and what was the market size in 2024?

In 2024, the Glass Fiber Market size was estimated at USD 29.16 billion. The report covers the Glass Fiber Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Glass Fiber Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Glass Fiber Industry Report

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