Glass Fiber Reinforcement Materials Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)

By Product Type;

Roving, Fabrics, Mats and Others

By Application;

Automotive, Aerospace, Construction, Wind Energy, Marine and Others

By Resin Type;

Thermoset and Thermoplastic

By Manufacturing Process;

Layup, Filament Winding, Injection Molding, Pultrusion and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn150688475 Published Date: December, 2025 Updated Date: February, 2026

Glass Fiber Reinforcement Materials Market Overview

Glass Fiber Reinforcement Materials Market (USD Million)

Glass Fiber Reinforcement Materials Market was valued at USD 4,340.72 million in the year 2024. The size of this market is expected to increase to USD 6,398.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.7%.


Glass Fiber Reinforcement Materials Market

*Market size in USD million

CAGR 5.7 %


Study Period2026 - 2032
Base Year2025
CAGR (%)5.7 %
Market Size (2025)USD 4,340.72 Million
Market Size (2032)USD 6,398.62 Million
Market ConcentrationMedium
Report Pages327
4,340.72
2025
6,398.62
2032

Major Players

  • Owens Corning
  • Jushi Group
  • Saint-Gobain Vetrotex
  • PPG Industries
  • Hexcel Corporation
  • AGY Holding Corp.
  • Nippon Electric Glass Co., Ltd.
  • Johns Manville (a Berkshire Hathaway company)
  • BASF SE
  • Chongqing Polycomp International Corp. (CPIC)
*Competitors List Not Exhaustive

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Glass Fiber Reinforcement Materials Market

Fragmented - Highly competitive market without dominant players


The Glass Fiber Reinforcement Materials Market is expanding steadily, supported by its widespread use in construction, automotive, aerospace, and energy sectors. Adoption of glass fiber composites has reached over 45% of total composite applications, driven by the demand for lightweight, durable, and cost-effective alternatives to metals. This broad acceptance highlights the material’s importance in modern engineering and design.

Key Drivers Accelerating Growth
Industrial usage of glass fiber reinforcement materials has grown significantly, with more than 50% of manufacturers integrating them into production. These composites deliver superior heat, chemical, and wear resistance, reducing maintenance costs while improving performance. Their versatility across multiple industrial processes makes them indispensable in high-demand environments.

Advancements Strengthening Market Adoption
The automotive and aerospace industries account for nearly 40% of total consumption, emphasizing the role of glass fibers in reducing vehicle and aircraft weight. Coupled with technological innovations such as hybrid composites and enhanced weaving techniques, the material supports sustainability and efficiency. These advancements ensure stronger, lighter, and more adaptable applications.

Growth Prospects and Industry Outlook
The construction sector contributes to about 35% of global demand, utilizing glass fibers in roofing, insulation, and reinforcement. Their tensile strength and thermal stability make them ideal for long-lasting structures. With more than 30% of new composite product developments focusing on glass fibers, the industry outlook remains robust, paving the way for innovative applications and sustained market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Resin Type
    4. Market Snapshot, By Manufacturing Process
    5. Market Snapshot, By Region
  4. Glass Fiber Reinforcement Materials Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Lightweighting Demand
        2. Renewable Energy Projects
        3. Infrastructure Development
      2. Restraints
        1. High Production Costs
        2. Complex Manufacturing Processes
        3. Environmental Concerns
      3. Opportunities
        1. Technological Innovations
        2. Expansion in Emerging Markets
        3. Increased Adoption in Automotive and Aerospace
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Glass Fiber Reinforcement Materials Market, By Product Type, 2021 - 2031 (USD Million)
      1. Roving
      2. Fabrics
      3. Mats
      4. Others
    2. Glass Fiber Reinforcement Materials Market, By Application, 2021 - 2031 (USD Million)
      1. Automotive
      2. Aerospace
      3. Construction
      4. Wind Energy
      5. Marine
      6. Others
    3. Glass Fiber Reinforcement Materials Market, By Resin Type, 2021 - 2031 (USD Million)
      1. Thermoset
      2. Thermoplastic
    4. Glass Fiber Reinforcement Materials Market, By Manufacturing Process, 2021 - 2031 (USD Million)
      1. Layup
      2. Filament Winding
      3. Injection Molding
      4. Pultrusion
      5. Others
    5. Glass Fiber Reinforcement Materials Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Owens Corning
      2. China Jushi Co., Ltd.
      3. Saint-Gobain
      4. AGY
      5. Nippon Electric Glass Co., Ltd.
      6. Chongqing Polycomp International Corp.
      7. Johns Manville
      8. VALMIERAS STIKLA ŠĶIEDRA
      9. Montex Glass Fibre Industries
      10. AGC Inc.
      11. AGC Fiberglass (or AGC’s glass fiber division)
      12. Hexcel Corporation
      13. Taishan Fiberglass Inc.
      14. Nittobo (Nitto Boseki Co.)
      15. Toray Industries, Inc.
  7. Analyst Views
  8. Future Outlook of the Market