Fiberglass Roving Market
By Glass Fiber Type;
E-Glass Fiber, ECR-Glass Fiber, H-Glass Fiber, AR-Glass, S-Glass Fiber, and Others.By Product Type;
Single-End Roving, Multi-End Roving, and Chopped Roving.By Process;
Pultrusion, Filament Winding, Compression Molding, and Layup Process.By Application;
Aerospace, Automotive, Construction, Marine, and Electronics.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Fiberglass Roving Market Overview
Fiberglass Roving Market (USD Million)
Fiberglass Roving Market was valued at USD 8,936.26 million in the year 2024. The size of this market is expected to increase to USD 13,172.88 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.7%.
Fiberglass Roving Market
*Market size in USD million
CAGR 5.7 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 5.7 % |
Market Size (2024) | USD 8,936.26 Million |
Market Size (2031) | USD 13,172.88 Million |
Market Concentration | Medium |
Report Pages | 361 |
Major Players
- Owens Corning
- Jushi Group Co., Ltd.
- Chongqing Polycomp International Corporation
- Johns Manville Corporation
- Saint-Gobain S.A.
- Nippon Electric Glass Co. Ltd.
- Taishan Fiberglass, Inc.
- AGY Holdings Corp.
- China Beihai Fiberglass Co., Ltd.
- Taiwan Glass Industry Corp.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Fiberglass Roving Market
Fragmented - Highly competitive market without dominant players
The Fiberglass Roving Market continues to expand due to its pivotal role in advanced composite solutions. Known for reinforcing structural integrity in multiple applications, fiberglass roving is utilized in over 40% of composite manufacturing processes. Its lightweight, high-strength characteristics offer significant advantages in product longevity and cost-effectiveness.
Increased Industrial Utilization
Industrial use of fiberglass roving has grown rapidly, with sectors such as construction and transportation integrating it in 35% of production lines. Its strong resistance to environmental degradation and high mechanical performance are reshaping material standards in infrastructure and vehicle design.
Progress in Manufacturing Techniques
Breakthroughs in multi-end and direct roving designs have enhanced mechanical output by 25% in critical applications. These innovations, combined with automation in molding, have accelerated production by reducing cycle times by 30%. The result is improved operational efficiency and increased adoption in demanding industrial environments.
Focus on Eco-Friendly Production
The push for sustainability is altering production landscapes, with 20% of suppliers now employing eco-compliant processes. Manufacturers are embracing recyclable composites and cleaner production practices, responding to both regulatory requirements and market demand for greener solutions.
Custom Solutions Gaining Traction
Customization remains a major differentiator, with 45% of buyers opting for specific formulations tailored to unique performance needs. Providers offering bespoke roving types and resin compatibility are witnessing stronger client retention and new market penetration, enabling them to stay ahead in a competitive space.
Fiberglass Roving Market Recent Developments
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In February 2023, Saint‑Gobain acquired India’s U.P. Twiga Fiberglass, expanding its portfolio with high‑quality, lightweight solutions for sustainable construction markets.
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In March 2023, Johns Manville launched StarRovLFTplus, a new fiberglass direct roving engineered for long‑fiber reinforced thermoplastics, optimized for structural automotive composite applications.
Fiberglass Roving Market Segment Analysis
In this report, the Fiberglass Roving Market has been segmented by Glass Fiber Type, Product Type, Process, Application, and Geography.
Fiberglass Roving Market, Segmentation by Glass Fiber Type
The Fiberglass Roving Market has been segmented by Glass Fiber Type into E-glass Fiber, ECR-glass Fiber, H-glass Fiber, AR-glass, S-glass Fiber, and Others.
E-glass Fiber
E-glass fiber holds a dominant position in the fiberglass roving market due to its exceptional electrical insulation, corrosion resistance, and cost-effectiveness. It accounts for over 60% of the market share, making it the most widely used type in applications such as wind energy, construction, and transportation.
ECR-glass Fiber
ECR-glass fiber offers enhanced resistance to chemical corrosion and higher durability under extreme conditions, especially in marine and chemical environments. It contributes to around 12–15% of the total market, steadily growing due to its performance advantages over traditional E-glass.
H-glass Fiber
H-glass fiber is valued for its superior mechanical strength and dimensional stability, making it suitable for high-stress industrial applications. Although it holds a smaller share at approximately 5–7%, its demand is increasing in the automotive and aerospace sectors.
AR-glass
AR-glass (alkali-resistant glass) is specifically engineered for concrete reinforcement in construction, offering resistance to alkali attacks. This segment comprises roughly 8–10% of the market, driven by infrastructure development and the rising need for durable building materials.
S-glass Fiber
S-glass fiber is known for its high tensile strength, thermal stability, and use in advanced military and aerospace composites. Though it represents only about 3–5% of the market, its application in defense-grade materials positions it as a high-value segment.
Others
The Others segment includes specialty glass fibers such as C-glass and D-glass, which are used in niche applications like electronics, filtration, and thermal insulation. This segment collectively contributes around 2–3% of the overall market, catering to highly specific industrial needs.
Fiberglass Roving Market, Segmentation by Product Type
The Fiberglass Roving Market has been segmented by Product Type into Single-End Roving, Multi-End Roving, and Chopped Roving.
Single-End Roving
Single-end roving is widely used in filament winding, pultrusion, and weaving processes due to its consistent linear density and high compatibility with resins. It dominates the product type segment, accounting for approximately 55–60% of the global market. Its growing demand in pipes, pressure vessels, and structural profiles drives its market leadership.
Multi-End Roving
Multi-end roving is primarily used in the spray-up and compression molding processes, offering cost advantages through its mass production capability. It holds around 25–30% of the market share and is favored in sectors such as automotive and construction due to its ease of processing and affordability.
Chopped Roving
Chopped roving is designed for use in sheet molding compounds (SMC) and bulk molding compounds (BMC), offering excellent mechanical properties and short fiber length distribution. This segment represents approximately 10–15% of the market and is popular in automotive body panels, electrical enclosures, and industrial equipment.
Fiberglass Roving Market, Segmentation by Process
The Fiberglass Roving Market has been segmented by Process into Pultrusion, Filament Winding, Compression Molding, and Layup Process.
Pultrusion
Pultrusion is a continuous manufacturing process ideal for producing high-strength composite profiles such as beams, channels, and rebars. It accounts for approximately 30–35% of the fiberglass roving market by process type. Its popularity is driven by demand from the construction and infrastructure sectors seeking durable and lightweight materials.
Filament Winding
Filament winding is widely adopted for creating cylindrical and spherical composite structures such as pipes, tanks, and pressure vessels. Representing about 25–28% of the market, this process ensures excellent fiber alignment and structural performance, making it a preferred choice in the oil & gas and aerospace industries.
Compression Molding
Compression molding uses fiberglass roving in conjunction with thermoset resins to form complex, high-volume parts with good surface finish and mechanical properties. It holds around 20–22% market share and is especially significant in the automotive and electrical industries for manufacturing lightweight structural components.
Layup Process
The layup process, including both hand layup and spray layup, is valued for its versatility in fabricating large, custom-shaped parts. Although it contributes a smaller share—approximately 12–15%—it remains essential in marine, wind energy, and aerospace applications due to its cost-effectiveness for low-volume production.
Fiberglass Roving Market, Segmentation by Application
The Fiberglass Roving Market has been segmented by Application into Aerospace, Automotive, Construction, Marine, and Electronics.
Aerospace
The aerospace sector uses fiberglass roving extensively for lightweight composite structures such as interior panels, radomes, and non-critical airframe parts. This application segment accounts for about 10–12% of the market. Its growth is driven by the increasing emphasis on fuel efficiency and lightweight materials in aircraft manufacturing.
Automotive
In the automotive industry, fiberglass roving is widely applied in body panels, underbody shields, and engine covers, contributing to vehicle weight reduction and improved fuel economy. It holds a significant share of nearly 25–28% of the market, supported by rising demand for lightweight composites in electric and hybrid vehicles.
Construction
Construction is the largest application segment, comprising approximately 35–40% of the market. Fiberglass roving is widely used in reinforced concrete, roofing, and structural profiles due to its corrosion resistance and high strength-to-weight ratio. Its use is expanding with infrastructure development.
Marine
The marine industry utilizes fiberglass roving in boat hulls, decks, and interior components for its durability and moisture resistance. This segment accounts for around 12–15% of the market and continues to grow due to the rising demand for fiber-reinforced marine vessels and recreational boats.
Electronics
In electronics, fiberglass roving is employed in circuit boards, insulating materials, and electrical enclosures. It contributes roughly 8–10% of the market and benefits from the increasing demand for heat-resistant and electrically insulating materials in consumer electronics and industrial automation.
Fiberglass Roving Market, Segmentation by Geography
In this report, the Fiberglass Roving Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Regions and Countries Analyzed in this Report
Fiberglass Roving Market Share (%), by Geographical Region
North America
North America holds approximately 20–22% of the fiberglass roving market, driven by robust demand from the automotive, aerospace, and construction industries. The region benefits from technological advancements and growing use of lightweight composites in industrial applications.
Europe
Europe contributes around 25–27% of the market, supported by stringent environmental regulations and the widespread adoption of fiber-reinforced materials in the automotive and wind energy sectors. Countries like Germany, France, and the UK are key drivers in this region.
Asia Pacific
Asia Pacific dominates the global market with a share of nearly 35–38%, fueled by high manufacturing activity and expanding infrastructure development across countries like China, India, and Japan. The region also benefits from rising demand in construction and electronics.
Middle East and Africa
Middle East and Africa represent about 8–10% of the fiberglass roving market, with growth driven by increasing construction projects, urbanization, and a gradual shift toward composite materials in oil & gas infrastructure and transportation.
Latin America
Latin America accounts for roughly 6–8% of the global market, primarily supported by the automotive and construction industries in countries like Brazil and Mexico. Economic recovery and industrial expansion continue to boost the adoption of fiberglass composites in the region.
Fiberglass Roving Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Fiberglass Roving Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Increasing demand for composite reinforcements
- Growing use in wind turbine blades
- Rising automotive lightweighting requirements
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Expansion in construction and infrastructure - The strong growth catalyst for the fiberglass roving market. With governments worldwide investing heavily in infrastructure modernization, there is a rising demand for high-performance composite materials that offer strength, durability, and reduced weight. Fiberglass roving, with its excellent tensile strength and corrosion resistance, is increasingly being integrated into reinforced concrete, bridges, tunnels, and prefabricated components.
In both residential and commercial projects, fiberglass roving is being adopted in structural elements like panels, rebar, and grating. Its properties help reduce maintenance costs and extend the lifecycle of buildings. Furthermore, as countries pursue more sustainable building practices, fiberglass roving’s lightweight nature contributes to energy-efficient designs and faster construction timelines.
Urbanization across Asia-Pacific and Latin America is especially driving market penetration, with massive housing, transportation, and smart city projects increasing the need for reliable composite reinforcements. Additionally, its compatibility with both thermoset and thermoplastic matrices makes it highly versatile across varied construction materials.
The ability to reduce labor, improve material longevity, and offer strong environmental benefits makes fiberglass roving a preferred reinforcement solution. As infrastructure development accelerates globally, the material is positioned to play a critical role in next-generation construction strategies.
Restraints:
- Volatility in raw material costs
- Health risks from fiber exposure
- Lack of recycling infrastructure
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High energy consumption in production - One of the primary challenges restraining the fiberglass roving market is the high energy consumption in production. Manufacturing fiberglass roving involves processes such as melting raw materials at extremely high temperatures, fiberizing, and coating—each step consuming substantial amounts of energy. This contributes to both elevated production costs and significant carbon emissions, limiting its sustainability credentials.
The energy-intensive nature of fiberglass production is a concern in regions that enforce stringent environmental regulations or carbon taxes. This makes manufacturers wary of expanding operations without major investments in cleaner technologies. Additionally, as energy prices fluctuate globally, maintaining competitive pricing becomes difficult for fiberglass producers.
Environmental agencies and advocacy groups are increasingly scrutinizing the industrial carbon footprint, and industries using traditional fiberglass manufacturing methods may face reputational risks. The lack of readily available low-emission production solutions makes it challenging for producers to align with sustainability mandates and meet the expectations of green procurement policies.
To counter this restraint, manufacturers must prioritize the adoption of energy-efficient systems and renewable energy integration. Without this transition, the market could see a slowdown in adoption from sectors with strong environmental performance targets.
Opportunities:
- Adoption in electric vehicle components
- Innovation in high-strength composite materials
- Expansion in emerging Asian economies
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Use in marine and aerospace structures - One of the most promising growth opportunities in the fiberglass roving market lies in its use in marine and aerospace structures. These industries require materials that can endure harsh environments while remaining lightweight and structurally sound. Fiberglass roving provides an optimal balance of mechanical strength, chemical resistance, and low weight, making it ideal for aircraft components, boat hulls, wind turbine blades, and ship decks.
With increasing investments in renewable energy and defense, there is a parallel demand for advanced composite materials capable of withstanding UV exposure, saltwater corrosion, and fluctuating pressures. Fiberglass roving offers the dimensional stability and non-conductive properties needed in such environments, thus becoming an essential component in lightweight composite laminates and moldings.
In the marine sector, regulatory standards for fuel efficiency and emission reductions are driving a shift from metal to composite structures, and fiberglass roving meets this requirement. Similarly, the aerospace industry’s pursuit of lighter and stronger airframes for improved flight performance and fuel economy aligns with the material’s core benefits.
As the focus grows on resilient and sustainable transport solutions, the integration of fiberglass roving in marine and aerospace design is expected to surge. This will further open doors for product innovation, tailored resins, and smart fiber weaves, expanding the scope of market applications globally.
Fiberglass Roving Market Competitive Landscape Analysis
Key players in Fiberglass Roving Market include:
- Owens Corning
- Jushi Group Co., Ltd.
- Chongqing Polycomp International Corporation
- Johns Manville Corporation
- Saint-Gobain S.A.
- Nippon Electric Glass Co. Ltd.
- Taishan Fiberglass, Inc.
- AGY Holdings Corp.
- China Beihai Fiberglass Co., Ltd.
- Taiwan Glass Industry 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
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Glass Fiber Type
- Market Snapshot, By Product Type
- Market Snapshot, By Process
- Market Snapshot, By Application
- Market Snapshot, By Region
- Fiberglass Roving Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing demand for composite reinforcements
- Growing use in wind turbine blades
- Rising automotive lightweighting requirements
- Expansion in construction and infrastructure
- Restraints
- Volatility in raw material costs
- Health risks from fiber exposure
- Lack of recycling infrastructure
- High energy consumption in production
- Adoption in electric vehicle components
- Innovation in high-strength composite materials
- Expansion in emerging Asian economies
- Use in marine and aerospace structures
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitivw Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Fiberglass Roving Market, By Glass Fiber Type, 2021 - 2031 (USD Million)
- E-glass Fiber
- ECR-glass Fiber
- H-glass Fiber
- AR-glass
- S-glass Fiber
- Others
- Fiberglass Roving Market, By Product Type, 2021 - 2031 (USD Million)
- Single-End Roving
- Multi-End Roving
- Chopped Roving
- Fiberglass Roving Market, By Process, 2021 - 2031 (USD Million)
- Pultrusion
- Filament Winding
- Compression Molding
- Layup Process
- Fiberglass Roving Market, By Application, 2021 - 2031 (USD Million)
- Aerospace
- Automotive
- Construction
- Marine
- Electronics
- Fiberglass Roving Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Fiberglass Roving Market, By Glass Fiber Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Owens Corning
- Jushi Group Co., Ltd.
- Chongqing Polycomp International Corporation
- Johns Manville Corporation
- Saint-Gobain S.A.
- Nippon Electric Glass Co. Ltd.
- Taishan Fiberglass, Inc.
- AGY Holdings Corp.
- China Beihai Fiberglass Co., Ltd.
- Taiwan Glass Industry Corp.
- Company Profiles
- Analyst Views
- Future Outlook of the Market