Product Code: 2646
The Global Fiberglass Market was valued at USD 15.75 Billion in 2024 and is expected to reach USD 24.75 Billion by 2030 with a CAGR of 7.66% during the forecast period. The global fiberglass market has been experiencing significant growth driven by its widespread application across various industries, including construction, automotive, aerospace, electronics, and energy. Fiberglass is a versatile material made from fine fibers of glass, known for its lightweight, strength, and durability. As industries increasingly focus on sustainability and efficiency, fiberglass has gained traction due to its ability to offer low environmental impact, corrosion resistance, and energy efficiency. This has positioned the material as a key component in a wide range of applications, contributing to the market's expansion.
Market Overview |
Forecast Period | 2026-2030 |
Market Size 2024 | USD 15.75 Billion |
Market Size 2030 | USD 24.75 Billion |
CAGR 2025-2030 | 7.66% |
Fastest Growing Segment | Yarn |
Largest Market | North America |
One of the major drivers of the global fiberglass market is the construction and building sector. Fiberglass-reinforced composites are widely used in construction for insulation, windows, roofing materials, and structural components due to their ability to provide strength without adding weight. Moreover, with the growing emphasis on green buildings and energy-efficient structures, fiberglass's ability to improve thermal performance has boosted its adoption. The increasing demand for smart cities and infrastructure development, particularly in emerging economies like Asia-Pacific, has further fueled the fiberglass market's growth. The automotive industry is another significant contributor to the fiberglass market, with the material being used in the production of lightweight vehicle parts to enhance fuel efficiency and reduce emissions. Electric vehicles (EVs) are also driving demand for fiberglass, as manufacturers seek materials that offer both strength and weight reduction to improve battery performance and vehicle range. In the aerospace industry, fiberglass composites are employed in manufacturing lightweight aircraft components, which contribute to fuel efficiency and overall performance. This sector's demand for high-performance, cost-effective materials continues to drive the growth of fiberglass. The renewable energy sector has also seen increasing utilization of fiberglass, especially in wind turbine blades. As the world transitions towards clean energy sources, fiberglass's ability to create large, durable, and lightweight blades has made it an essential material for the expansion of wind energy infrastructure.
Key Market Drivers
Growing Demand from the Construction Industry
The global fiberglass market is experiencing significant growth due to the increasing demand from the construction industry. Fiberglass materials are used in various applications, such as insulation, roofing, windows, and reinforcement in building structures. The rapid expansion of infrastructure projects, residential, and commercial buildings globally contributes to the increased use of fiberglass due to its durability, lightweight, and high strength properties. For instance, fiberglass insulation has gained popularity in construction projects due to its superior thermal resistance and energy efficiency. With a growing trend toward sustainable construction practices, fiberglass materials provide energy-efficient solutions, driving their adoption in the construction industry. In regions like North America and Europe, where the focus is on retrofitting existing buildings for better energy conservation, the use of fiberglass for insulation purposes is increasing. This shift is also supported by the growing demand for eco-friendly building materials, which fiberglass meets due to its recyclability. The rising adoption of green building standards globally boosts the consumption of fiberglass-based materials in construction projects, driving overall market demand. Fiberglass-reinforced plastics (FRP) are expected to represent 16% of the total lightweight materials used in the automotive industry by the end of 2025. This highlights the growing trend of substituting heavier materials with fiberglass in the production of car parts.
Key Market Challenges
Volatile Raw Material Prices
The fiberglass industry relies heavily on raw materials like silica sand, limestone, and glass fibers. The prices of these raw materials can be highly volatile due to supply chain disruptions, geopolitical tensions, and natural disasters. The fluctuation in prices not only increases the production cost but also creates uncertainty for manufacturers. This is particularly challenging for companies operating in competitive markets where cost control is crucial. Raw material price instability makes it difficult for fiberglass producers to maintain consistent profit margins, especially in times of global supply chain disruptions. As a result, the ability to forecast material costs and ensure a stable supply is a critical challenge. Manufacturers need to adopt better procurement strategies, such as long-term contracts or hedging, to minimize the impact of these price fluctuations. However, these measures may not always be feasible in fast-moving markets or when there is a lack of transparency in global supply chains..
Key Market Trends
Growth in Renewable Energy Applications
Another important trend in the global fiberglass market is the increasing use of fiberglass in renewable energy applications, particularly in wind energy. Fiberglass is an essential material in the production of wind turbine blades due to its light weight, strength, and corrosion resistance. With the global push toward sustainable energy solutions and the continued development of wind farms, the demand for fiberglass used in wind turbine blades has surged. The increasing installation of wind turbines in both onshore and offshore locations, driven by government incentives and environmental concerns, is expected to be a major growth driver for the fiberglass market in the renewable energy sector.
Key Market Players
- 3B - the fibreglass company
- Owens Corning
- Johns Manville
- Nippon Electric Glass Co., Ltd.
- Saint-Gobain Group
- China Jushi Co., Ltd.
- Asahi Fiber Glass Co., Ltd.
- CertainTeed Corporation
- Taishan Fiberglass Inc.
- PFG Fiber Glass Corporation
Report Scope:
In this report, the Global Fiberglass Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Fiberglass Market, By Type:
- Glass Wool
- Direct & Assembled Roving
- Yarn
- Chopped Strand
- Others
Fiberglass Market, By Glass Fiber Type:
- E-Glass
- A-Glass
- S-Glass
- AR-Glass
- C- Glass
- R-Glass
- Others
Fiberglass Market, By Resin:
- Thermoset Resins
- Thermoplastic Resins
Fiberglass Market, By Application:
- Composites
- Glass Wool Insulation
Fiberglass Market, By End User Industry:
- Construction & Infrastructure
- Automotive
- Wind Energy
- Electronics
- Aerospace & Defense
- Others
Fiberglass Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- South America
- Brazil
- Argentina
- Colombia
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Fiberglass Market.
Available Customizations:
Global Fiberglass Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Baseline Methodology
- 2.2. Key Industry Partners
- 2.3. Major Association and Secondary Sources
- 2.4. Forecasting Methodology
- 2.5. Data Triangulation & Validation
- 2.6. Assumptions and Limitations
3. Executive Summary
4. Voice of Customer
5. Global Fiberglass Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Market Share & Forecast
- 5.2.1. By Type (Glass Wool, Direct & Assembled Roving, Yarn, Chopped Strand, Others)
- 5.2.2. By Glass Fiber Type (E-Glass, A-Glass, S-Glass, AR-Glass, C- Glass, R-Glass, Others)
- 5.2.3. By Resin (Thermoset Resins, Thermoplastic Resins)
- 5.2.4. By Application (Composites, Glass Wool Insulation)
- 5.2.5. By End User Industry (Construction & Infrastructure, Automotive, Wind Energy, Electronics, Aerospace & Defense, Others)
- 5.2.6. By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)
- 5.3. By Company (2024)
- 5.4. Market Map
6. North America Fiberglass Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Glass Fiber Type
- 6.2.3. By Resin
- 6.2.4. By Application
- 6.2.5. By End User Industry
- 6.2.6. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Fiberglass Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Type
- 6.3.1.2.2. By Glass Fiber Type
- 6.3.1.2.3. By Resin
- 6.3.1.2.4. By Application
- 6.3.1.2.5. By End User Industry
- 6.3.2. Canada Fiberglass Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Type
- 6.3.2.2.2. By Glass Fiber Type
- 6.3.2.2.3. By Resin
- 6.3.2.2.4. By Application
- 6.3.2.2.5. By End User Industry
- 6.3.3. Mexico Fiberglass Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Type
- 6.3.3.2.2. By Glass Fiber Type
- 6.3.3.2.3. By Resin
- 6.3.3.2.4. By Application
- 6.3.3.2.5. By End User Industry
7. Europe Fiberglass Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Glass Fiber Type
- 7.2.3. By Resin
- 7.2.4. By Application
- 7.2.5. By End User Industry
- 7.2.6. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. Germany Fiberglass Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Type
- 7.3.1.2.2. By Glass Fiber Type
- 7.3.1.2.3. By Resin
- 7.3.1.2.4. By Application
- 7.3.1.2.5. By End User Industry
- 7.3.2. France Fiberglass Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Type
- 7.3.2.2.2. By Glass Fiber Type
- 7.3.2.2.3. By Resin
- 7.3.2.2.4. By Application
- 7.3.2.2.5. By End User Industry
- 7.3.3. United Kingdom Fiberglass Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Type
- 7.3.3.2.2. By Glass Fiber Type
- 7.3.3.2.3. By Resin
- 7.3.3.2.4. By Application
- 7.3.3.2.5. By End User Industry
- 7.3.4. Italy Fiberglass Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Type
- 7.3.4.2.2. By Glass Fiber Type
- 7.3.4.2.3. By Resin
- 7.3.4.2.4. By Application
- 7.3.4.2.5. By End User Industry
- 7.3.5. Spain Fiberglass Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Type
- 7.3.5.2.2. By Glass Fiber Type
- 7.3.5.2.3. By Resin
- 7.3.5.2.4. By Application
- 7.3.5.2.5. By End User Industry
8. Asia Pacific Fiberglass Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Glass Fiber Type
- 8.2.3. By Resin
- 8.2.4. By Application
- 8.2.5. By End User Industry
- 8.2.6. By Country
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Fiberglass Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Type
- 8.3.1.2.2. By Glass Fiber Type
- 8.3.1.2.3. By Resin
- 8.3.1.2.4. By Application
- 8.3.1.2.5. By End User Industry
- 8.3.2. India Fiberglass Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Type
- 8.3.2.2.2. By Glass Fiber Type
- 8.3.2.2.3. By Resin
- 8.3.2.2.4. By Application
- 8.3.2.2.5. By End User Industry
- 8.3.3. Japan Fiberglass Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Type
- 8.3.3.2.2. By Glass Fiber Type
- 8.3.3.2.3. By Resin
- 8.3.3.2.4. By Application
- 8.3.3.2.5. By End User Industry
- 8.3.4. South Korea Fiberglass Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Type
- 8.3.4.2.2. By Glass Fiber Type
- 8.3.4.2.3. By Resin
- 8.3.4.2.4. By Application
- 8.3.4.2.5. By End User Industry
- 8.3.5. Australia Fiberglass Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Type
- 8.3.5.2.2. By Glass Fiber Type
- 8.3.5.2.3. By Resin
- 8.3.5.2.4. By Application
- 8.3.5.2.5. By End User Industry
9. Middle East & Africa Fiberglass Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Glass Fiber Type
- 9.2.3. By Resin
- 9.2.4. By Application
- 9.2.5. By End User Industry
- 9.2.6. By Country
- 9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Fiberglass Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Type
- 9.3.1.2.2. By Glass Fiber Type
- 9.3.1.2.3. By Resin
- 9.3.1.2.4. By Application
- 9.3.1.2.5. By End User Industry
- 9.3.2. UAE Fiberglass Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Type
- 9.3.2.2.2. By Glass Fiber Type
- 9.3.2.2.3. By Resin
- 9.3.2.2.4. By Application
- 9.3.2.2.5. By End User Industry
- 9.3.3. South Africa Fiberglass Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Type
- 9.3.3.2.2. By Glass Fiber Type
- 9.3.3.2.3. By Resin
- 9.3.3.2.4. By Application
- 9.3.3.2.5. By End User Industry
10. South America Fiberglass Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Glass Fiber Type
- 10.2.3. By Resin
- 10.2.4. By Application
- 10.2.5. By End User Industry
- 10.2.6. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Fiberglass Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Type
- 10.3.1.2.2. By Glass Fiber Type
- 10.3.1.2.3. By Resin
- 10.3.1.2.4. By Application
- 10.3.1.2.5. By End User Industry
- 10.3.2. Colombia Fiberglass Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Type
- 10.3.2.2.2. By Glass Fiber Type
- 10.3.2.2.3. By Resin
- 10.3.2.2.4. By Application
- 10.3.2.2.5. By End User Industry
- 10.3.3. Argentina Fiberglass Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Type
- 10.3.3.2.2. By Glass Fiber Type
- 10.3.3.2.3. By Resin
- 10.3.3.2.4. By Application
- 10.3.3.2.5. By End User Industry
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends and Developments
13. Company Profiles
- 13.1.3B - the fibreglass company
- 13.1.1. Business Overview
- 13.1.2. Key Revenue and Financials
- 13.1.3. Recent Developments
- 13.1.4. Key Personnel
- 13.1.5. Key Product/Services Offered
- 13.2.Owens Corning
- 13.2.1. Business Overview
- 13.2.2. Key Revenue and Financials
- 13.2.3. Recent Developments
- 13.2.4. Key Personnel
- 13.2.5. Key Product/Services Offered
- 13.3.Johns Manville
- 13.3.1. Business Overview
- 13.3.2. Key Revenue and Financials
- 13.3.3. Recent Developments
- 13.3.4. Key Personnel
- 13.3.5. Key Product/Services Offered
- 13.4.Nippon Electric Glass Co., Ltd.
- 13.4.1. Business Overview
- 13.4.2. Key Revenue and Financials
- 13.4.3. Recent Developments
- 13.4.4. Key Personnel
- 13.4.5. Key Product/Services Offered
- 13.5.Saint-Gobain Group
- 13.5.1. Business Overview
- 13.5.2. Key Revenue and Financials
- 13.5.3. Recent Developments
- 13.5.4. Key Personnel
- 13.5.5. Key Product/Services Offered
- 13.6.China Jushi Co., Ltd.
- 13.6.1. Business Overview
- 13.6.2. Key Revenue and Financials
- 13.6.3. Recent Developments
- 13.6.4. Key Personnel
- 13.6.5. Key Product/Services Offered
- 13.7.Asahi Fiber Glass Co., Ltd.
- 13.7.1. Business Overview
- 13.7.2. Key Revenue and Financials
- 13.7.3. Recent Developments
- 13.7.4. Key Personnel
- 13.7.5. Key Product/Services Offered
- 13.8.CertainTeed Corporation
- 13.8.1. Business Overview
- 13.8.2. Key Revenue and Financials
- 13.8.3. Recent Developments
- 13.8.4. Key Personnel
- 13.8.5. Key Product/Services Offered
- 13.9. Taishan Fiberglass Inc.
- 13.9.1. Business Overview
- 13.9.2. Key Revenue and Financials
- 13.9.3. Recent Developments
- 13.9.4. Key Personnel
- 13.9.5. Key Product/Services Offered
- 13.10. PFG Fiber Glass Corporation
- 13.10.1. Business Overview
- 13.10.2. Key Revenue and Financials
- 13.10.3. Recent Developments
- 13.10.4. Key Personnel
- 13.10.5. Key Product/Services Offered
14. Strategic Recommendations
15. About Us & Disclaimer