• In July 2021, Owens Corning acquired Vliepa GmbH, a European building‑materials specialist. This strategic move enhanced its non‑wovens portfolio, bolstering its presence in Europe’s construction market and accelerating growth in its insulation and fiberglass composites segments.

• In October 2024, PPG sold its U.S. & Canadian architectural coatings business—including Glidden, Dulux (Canada), Liquid Nails, Homax, and Pittsburgh Paints & Stains—to American Industrial Partners for USD 550 million. The deal closed on December 2, 2024, allowing PPG to refine its core specialty materials focus.

In this report, the Fiberglass Market has been segmented by Glass Type, Resin Type, Product, Application, and Geography.

Fiberglass Market, Segmentation by Glass Type

The Fiberglass Market has been segmented by Glass Type into E-Glass, ECR-Glass, H-Glass, AR-Glass, S-Glass, and Others.

E-Glass

E-Glass dominates the Fiberglass Market with an estimated 63% market share. It offers excellent electrical insulation, mechanical strength, and cost-efficiency, making it the preferred choice in construction materials, automotive parts, and composite applications. The growing demand for lightweight structures and increasing adoption of energy-efficient building materials continue to drive robust growth in this segment.

ECR-Glass

ECR-Glass holds around 14% of the global Fiberglass Market. Known for its superior corrosion resistance and enhanced mechanical performance, ECR-glass is widely used in chemical processing equipment, pipelines, and marine applications. The rising demand for durable composite materials in corrosive environments is fueling steady growth in this segment.

H-Glass

H-Glass accounts for approximately 7% of the market. It is valued for its high thermal stability and fire resistance, making it suitable for fire-retardant applications in construction, transportation, and industrial insulation. Growing focus on fire safety standards and increasing demand for high-performance insulation materials are driving adoption of H-glass.

AR-Glass

AR-Glass holds about 6% of the Fiberglass Market. It is designed specifically for alkali resistance and is commonly used in cement reinforcement and concrete structures. The rising use of glass fiber reinforced concrete (GFRC) in infrastructure and architectural applications is supporting consistent demand in this segment.

S-Glass

S-Glass contributes nearly 5% to the market. It offers exceptional tensile strength, impact resistance, and fatigue performance, making it ideal for aerospace, defense, and sporting goods applications. The growing need for high-performance composites in lightweight structural components is fueling demand for S-glass.

Others

The Others segment represents about 5% of the Fiberglass Market. This category includes specialty glass types such as R-glass and high-modulus glass fibers, used in advanced engineering applications, wind turbine blades, and high-performance sporting equipment. Innovation in customized fiberglass solutions and the emergence of new high-strength materials are supporting growth in this segment.

Fiberglass Market, Segmentation by Resin Type

The Fiberglass Market has been segmented by Resin Type into Thermoset Resins and Thermoplastic Resins.

Thermoset Resins

Thermoset Resins dominate the Fiberglass Market with an estimated 76% market share. They are extensively used in combination with fiberglass to produce high-strength, lightweight composites for construction, automotive, marine, and wind energy applications. The superior thermal stability, corrosion resistance, and dimensional stability of thermoset resin-based composites continue to drive widespread adoption across diverse industries.

Thermoplastic Resins

Thermoplastic Resins account for approximately 24% of the global market. These resins offer advantages such as recyclability, toughness, and ease of processing, making them ideal for automotive components, consumer goods, and electronic devices. The growing emphasis on sustainable materials and increasing demand for lightweight, impact-resistant composites are driving steady growth in this segment.

Fiberglass Market, Segmentation by Product

The Fiberglass Market has been segmented by Product into Glass Wool, Yarns, Roving, Chopped Strands, and Others.

Glass Wool

Glass Wool dominates the Fiberglass Market with an estimated 42% market share. It is widely used in thermal insulation, acoustic insulation, and HVAC applications due to its excellent thermal conductivity and sound absorption properties. The growing emphasis on energy-efficient buildings and the increasing demand for sustainable insulation solutions are driving strong growth in this segment.

Yarns

Yarns account for approximately 16% of the global market. Fiberglass yarns are valued for their high tensile strength, flexibility, and electrical insulation, making them ideal for use in textiles, electronic components, and industrial fabrics. The growing demand for fire-resistant fabrics and advanced electrical insulation materials is fueling market growth in this segment.

Roving

Roving holds about 21% of the Fiberglass Market. It is used to produce woven and non-woven fabrics for construction, automotive, wind energy, and marine applications. The rising demand for lightweight, high-strength composite materials and the increasing use of fiberglass reinforcements in structural components are key factors driving this segment.

Chopped Strands

Chopped Strands contribute around 15% to the global market. They are used in thermoplastic and thermoset composites for automotive parts, construction materials, and consumer goods. The growing demand for impact-resistant and lightweight components across multiple industries is supporting steady growth in this segment.

Others

The Others segment holds about 6% of the Fiberglass Market. This category includes specialty fiberglass products such as mats, fabrics, and braided reinforcements used in aerospace, sports equipment, and industrial applications. Continuous innovation in custom fiberglass solutions and the development of high-performance composites are driving demand in this segment.

Fiberglass Market, Segmentation by Application

The Fiberglass Market has been segmented by Application into Composites and Insulation.

Composites

Composites represent the largest application segment in the Fiberglass Market, accounting for approximately 58% of the global share. Fiberglass composites are extensively used in automotive components, wind turbine blades, construction panels, and aerospace structures due to their lightweight, high strength, and corrosion resistance. The growing demand for energy-efficient vehicles and renewable energy solutions is driving strong growth in this segment.

Insulation

Insulation holds about 42% of the Fiberglass Market. Fiberglass insulation is widely used in residential, commercial, and industrial buildings for thermal and acoustic insulation. Increasing focus on energy conservation, rising adoption of green building materials, and growing government mandates for energy-efficient construction are fueling consistent demand in this segment.

Fiberglass Market, Segmentation by Geography

In this report, the Fiberglass Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Fiberglass Market Share (%), by Geographical Region

North America

The Fiberglass Market in North America holds approximately 21% of the market share. Strong demand from the region’s construction, aerospace, and wind energy industries is driving consistent growth. The push for energy-efficient building materials and the increasing use of lightweight composites in automotive and transportation sectors further boost market expansion.

Europe

Europe accounts for nearly 23% of the Fiberglass Market. The region benefits from robust demand in construction, renewable energy, and automotive industries. The growing focus on sustainable materials, strict building energy codes, and significant investments in wind energy projects are key drivers supporting steady growth across European markets.

Asia Pacific

The Asia Pacific region leads the Fiberglass Market with a dominant 42% share. Rapid industrialization, strong growth in automotive production, and expanding construction activities are fueling high demand for fiberglass products. Countries such as China, India, Japan, and South Korea are driving regional growth through large-scale adoption of fiberglass composites and insulation materials.

Middle East and Africa

The Middle East and Africa contribute about 7% of the Fiberglass Market. Increasing investments in infrastructure development, rising demand for energy-efficient construction materials, and growing use of fiberglass composites in oil & gas and marine sectors are fueling market growth across the region. Government initiatives focused on diversifying industrial output further support demand.

Latin America

Latin America holds around 7% of the market share. The region is witnessing increasing applications of fiberglass in construction, automotive components, and wind energy projects. The expanding focus on renewable energy and the growing demand for durable building materials are contributing to the rising adoption of fiberglass products in key Latin American markets.

This report provides an in depth analysis of various factors that impact the dynamics of Fiberglass Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Drivers:

• Rising demand in wind energy
• Growth in automotive lightweighting trends
• Expansion of construction and infrastructure

• Superior thermal and corrosion resistance - The demand for fiberglass is strongly driven by its thermal insulation and corrosion resistance properties, which make it a preferred material in construction, marine, and chemical processing industries. These industries often operate under extreme temperatures or in corrosive environments, where traditional materials fail to perform or degrade quickly. Fiberglass’s ability to withstand high heat and chemical exposure increases the lifespan of components and reduces maintenance costs.

  As industrial applications demand more durable solutions, fiberglass proves invaluable in manufacturing pipe systems, insulation panels, and equipment enclosures that remain stable in adverse conditions. It also plays a significant role in thermal applications, especially where energy efficiency and safety standards are critical. Its non-reactive surface and high resistance to moisture and chemicals make it suitable for long-term deployment in oil and gas, mining, and wastewater industries.

  As governments emphasize sustainable development and energy conservation, the adoption of fiberglass as an eco-friendly insulating material is increasing. It contributes to improved building envelope performance, enhancing both energy savings and occupant comfort. This, in turn, supports regulatory compliance for green building certifications and energy efficiency standards.

  With industries seeking materials that combine durability, cost-effectiveness, and environmental compliance, fiberglass’s thermal and chemical resilience ensures its position as a cornerstone in structural applications. Its role in reducing operational failures and total lifecycle costs further cements its importance across sectors.

Restraints:

• High manufacturing energy requirements
• Health hazards during handling
• Recycling and disposal challenges

• Volatility in raw material pricing - One of the key restraints in the fiberglass market is the unpredictable pricing of raw materials such as silica sand, alumina, and other chemical compounds essential for production. These fluctuations can be caused by factors like supply chain disruptions, increased energy costs, or political instability in supplier regions. As a result, manufacturers experience inconsistent production costs, making it difficult to forecast expenses or offer stable pricing to customers.

  Volatility also affects small and medium-sized enterprises more severely, as they lack the bargaining power to negotiate favorable long-term procurement contracts. This limits their competitiveness against larger players and reduces market entry opportunities. Additionally, the high cost of transporting heavy and bulky raw materials further contributes to price inconsistencies across regions.

  Increased competition for these raw materials from other industries, such as solar panel manufacturing and construction, adds pressure on fiberglass producers. This demand imbalance can lead to shortages or sudden price hikes that negatively impact profit margins. In periods of prolonged price volatility, manufacturers may even reduce output or delay product innovation.

  While some producers are exploring alternative sourcing strategies and recyclable fiberglass production, these solutions require time, investment, and regulatory approvals. Until more stable sourcing frameworks are in place, price volatility will remain a critical obstacle to the sustained growth of the fiberglass market.

Opportunities:

• Adoption in green building materials
• Increased R&D in hybrid composites
• Expansion into emerging economies

• Use in sustainable marine applications - The shift toward sustainable marine solutions is creating a substantial growth opportunity for the fiberglass market. The marine industry increasingly favors materials that are lightweight, non-corrosive, and durable to replace traditional metals in vessel construction. Fiberglass meets all these criteria, making it an ideal choice for boat hulls, decks, and interior structures. Its low maintenance requirements and long service life contribute to cost savings and fuel efficiency.

  Global efforts to reduce the carbon footprint of shipping are further accelerating the adoption of composite marine materials. Fiberglass enables designers to create aerodynamic structures that reduce drag and improve energy use, contributing to more sustainable maritime transport. This is particularly important in passenger ferries, yachts, and small fishing vessels where operational efficiency and durability are crucial.

  Government programs and maritime agencies promoting green shipbuilding and offering subsidies for eco-friendly vessels are bolstering the use of fiberglass. The material's resistance to saltwater corrosion and biofouling also enhances vessel performance and reduces cleaning and coating needs, aligning with environmental compliance goals.

  As marine manufacturers embrace low-impact materials, fiberglass is positioned as a transformative element for next-generation vessels. Continued investment in high-strength fiber variants and marine-grade coatings will only expand its applications, making it a strategic solution in advancing the global sustainable marine economy.

Key players in Fiberglass Market include:

• China Jushi Co., LTD.
• Owens Corning
• Nippon Electric Glass Co., LTD.
• Taishan Fiberglass Inc. (CTG)
• Chongqing Polycomp International Corp. (CPIC)
• Binani 3b-The Fibreglass Company
• Taiwan Glass Ind. Corp.
• Johns Manville Corp.
• PFG Fiber Glass (Kunshan) Co., LTD.
• Asahi Fiberglass Co., LTD.
• Knauf Insulation
• Saint-Gobain Vetrotex
• Certainteed Corporation
• Saint-Gobain Adfors
• AGY Holding Corp.

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Market Share Analysis
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis