Glass Fiber Reinforcement Materials Market

By Product Type;

Roving, Woven Roving, Fabrics, CSM/CFM, Chopped Strand, and Others

By Resin Type;

Thermoset and Thermoplastic

By Manufacturing Process;

Layup, Filament Winding, Injection Molding, Pultrusion, and Others

By End-Use;

Construction, Transportation, Industrial, Consumer Goods, and Wind Energy

By Geography;

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

Introduction

Global Glass Fiber Reinforcement Materials Market (USD Million), 2021 - 2031

In the year 2024, the Global Glass Fiber Reinforcement Materials Market was valued at USD 4,340.72 million. 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 Period2025 - 2031
Base Year2024
CAGR (%)5.7 %
Market Size (2024)USD 4,340.72 Million
Market Size (2031)USD 6,398.62 Million
Market ConcentrationMedium
Report Pages327
4,340.72
2024
6,398.62
2031

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)

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Glass Fiber Reinforcement Materials Market

Fragmented - Highly competitive market without dominant players


The demand for lightweight, durable, and high-strength materials has become increasingly critical across various industries, including automotive, aerospace, and construction. Traditional materials such as steel and aluminum, while strong, are often heavy and susceptible to corrosion. This has created a significant challenge for industries seeking to improve fuel efficiency, reduce emissions, and enhance the overall performance of their products.

Glass fiber reinforcement materials offer a viable solution to these challenges. These materials are known for their high strength-to-weight ratio, corrosion resistance, and versatility, making them ideal for a wide range of applications. The development and adoption of advanced manufacturing techniques, such as pultrusion and resin transfer molding, have further enhanced the properties and applicability of glass fiber composites. Innovations in resin systems and fiber technology are also driving improvements in the performance and sustainability of these materials.

The Global Glass Fiber Reinforcement Materials Market is poised for significant growth, driven by increasing demand in key sectors such as wind energy, automotive lightweighting, and infrastructure development. Wind energy projects are utilizing glass fiber composites for turbine blades due to their strength and fatigue resistance, while the automotive industry is increasingly incorporating these materials to meet stringent fuel efficiency and emission standards. Additionally, the construction industry is adopting glass fiber reinforcements for their durability and ability to extend the lifespan of structures.

By leveraging the superior properties of glass fiber reinforcement materials, industries can achieve enhanced performance, sustainability, and cost-effectiveness, addressing the growing need for advanced materials in today's competitive market.

North America

The North American market holds approximately 28% share, supported by robust demand in aerospace, automotive, and construction. Rising emphasis on lightweight materials to enhance fuel efficiency and meet sustainability goals strengthens regional adoption. The U.S. dominates with advanced composite technologies and innovation-led manufacturing

Europe

With about 25% share, Europe remains a significant market, driven by stringent environmental standards and the region’s leadership in wind energy. Nations such as Germany, France, and the UK actively incorporate glass fiber in renewable projects and automotive lightweighting, boosting market penetration

Asia Pacific

Asia Pacific leads globally with around 35% share, powered by the strong presence of China, India, and Japan. Growing urban infrastructure, automotive expansion, and electronics production drive large-scale adoption. Cost-efficient manufacturing also makes the region a major exporter of glass fiber composites

Middle East and Africa

The Middle East and Africa contribute nearly 7%, with demand concentrated in construction, oil & gas, and industrial projects. Countries in the GCC are spearheading adoption as large infrastructure developments and diversification initiatives create opportunities for reinforced composite materials

Latin America

Accounting for roughly 5% share, Latin America is led by Brazil and Mexico, where automotive, construction, and renewable energy sectors drive growth. Although the region expands at a slower pace, steady adoption of glass fiber composites continues to strengthen its market presence

  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 Resin Type
    3. Market Snapshot, By Manufacturing Process
    4. Market Snapshot, By End-Use
    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. Woven Roving
      3. Fabrics
      4. CSM/CFM
      5. Chopped Strand
      6. Others
    2. Glass Fiber Reinforcement Materials Market, By Resin Type, 2021 - 2031 (USD Million)

      1. Thermoset

      2. Thermoplastic

    3. Glass Fiber Reinforcement Materials Market, By Manufacturing Process, 2021 - 2031 (USD Million)

      1. Layup

      2. Filament Winding

      3. Injection Molding

      4. Pultrusion

      5. Others

    4. Glass Fiber Reinforcement Materials Market, By End-Use, 2021 - 2031 (USD Million)
      1. Construction
      2. Transportation
      3. Industrial
      4. Consumer Goods
      5. Wind Energy
    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. Jushi Group
      3. Saint-Gobain Vetrotex
      4. PPG Industries
      5. Hexcel Corporation
      6. AGY Holding Corp.
      7. Nippon Electric Glass Co., Ltd.
      8. Johns Manville (a Berkshire Hathaway company)
      9. BASF SE
      10. Chongqing Polycomp International Corp. (CPIC)
  7. Analyst Views
  8. Future Outlook of the Market