Glass Fiber Market
PUBLISHED: 2025 ID: SMRC30270
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Glass Fiber Market

Glass Fiber Market Forecasts to 2032 – Global Analysis By Type (Chopped Strands, Glass Wool, Yarn, Continuous Filament Mat and Roving), Glass Type, Manufacturing Process, Application, End User and By Geography

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4.1 (66 reviews)
Published: 2025 ID: SMRC30270

Due to ongoing shifts in global trade and tariffs, the market outlook will be refreshed before delivery, including updated forecasts and quantified impact analysis. Recommendations and Conclusions will also be revised to offer strategic guidance for navigating the evolving international landscape.
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According to Stratistics MRC, the Global Glass Fiber Market is accounted for $25.82 billion in 2025 and is expected to reach $42.28 billion by 2032 growing at a CAGR of 7.3% during the forecast period. Glass fiber, sometimes referred to as fiberglass, is a strong, lightweight material composed of incredibly thin glass strands. High-temperature melting of silica sand and other minerals is followed by the extrusion of molten glass through tiny holes to create thin filaments. In order to create composites with superior thermal and electrical insulation, corrosion resistance, and high tensile strength, these filaments are either woven into textiles or mixed with resins. Moreover, glass fiber's durability and adaptability make it a popular material for reinforced plastics, insulation, and structural elements in the consumer goods, automotive, aerospace, marine, and wind energy sectors.

According to the U.S. Department of Energy’s energy bandwidth study, in U.S. glass fiber-reinforced polymer (GFRP) composite manufacturing across four applications—which represent about 47 % of U.S. glass fiber usage—there exist significant on-site energy savings opportunities when adopting state-of-the-art or R&D technologies.

Market Dynamics:

Driver: 

Increase in infrastructure and construction projects

One of the biggest markets for glass fiber is the construction sector, which uses it in corrosion-resistant piping, wall panels, roofing shingles, reinforced concrete, and plumbing fixtures. Because it doesn't corrode, it's especially useful in areas with high humidity or along the coast, where steel reinforcements would eventually deteriorate. Glass fiber-reinforced polymers (GFRP) offer durability and lower maintenance needs in infrastructure applications like water treatment plants, bridges, and tunnels. Additionally, large-scale public infrastructure investments and the fast urbanization of emerging economies have raised demand for long-lasting, weather-resistant, and reasonably priced building materials, all of which glass fiber successfully satisfies.

Restraint:

High production energy consumption

The energy-intensive process of making glass fiber involves melting raw materials like alumina, limestone, and silica sand at temperatures that frequently surpass 1,500°C. Manufacturers are exposed to changes in the price of fuel and electricity due to this energy requirement, which also raises operating costs. These expenses can have a big effect on profitability in areas with high energy prices or stringent carbon emission laws. Furthermore, regulators and environmental organizations are also interested in the industry's carbon footprint, which could result in future limitations or the requirement for expensive investments in cleaner production technologies.

Opportunity:

Growth in the use of renewable energy

One of the most promising growth prospects for glass fiber manufacturers, especially in the wind power sector, is the swift global transition to clean energy. Glass fiber provides the high tensile strength, fatigue resistance, and low density needed for wind turbine blades at a competitive price. High-performance glass fiber composites will be used more frequently as offshore wind farms proliferate due to the growing need for larger blades, which are frequently longer than 100 meters. Moreover, glass fiber's place in the supply chain for renewable energy could also be strengthened by advancements in bio-resin integration and blade recycling, which could assist the industry in meeting stringent sustainability goals.

Threat:

Increasing competition from other substances

The market share of glass fiber is directly threatened by the quick development of substitute materials like carbon fiber, basalt fiber, advanced thermoplastics, and engineered metals. Carbon fiber continues to gain popularity despite its higher cost in applications where performance and weight reduction are crucial, such as high-end automotive, sports equipment, and aerospace. Similar to how aluminum and stainless steel alloys have improved their strength-to-weight ratios and corrosion resistance, basalt fiber provides superior thermal and chemical resistance in specific environments. Additionally, glass fiber's dominance in a number of industries is being diminished by the increasing variety of materials available to end users, who can select solutions that are better suited to their requirements.

Covid-19 Impact: 

The COVID-19 pandemic caused widespread supply chain disruptions, factory shutdowns, and decreased demand from important end-use industries like aerospace, automotive, and construction, all of which had a major short-term negative impact on the glass fiber market. Order cancellations and inventory accumulations resulted from manufacturing slowdowns and infrastructure project delays brought on by lockdowns and restrictions in early 2020. Production capacities were further taxed by shortages of raw materials and logistical bottlenecks. The market did, however, start to recover as economies reopened and governments implemented stimulus packages, especially in the areas of renewable energy and infrastructure.

The roving segment is expected to be the largest during the forecast period

The roving segment is expected to account for the largest market share during the forecast period because of its high tensile strength, resistance to corrosion, and ease of handling in composite manufacturing processes, which account for its extensive use in wind energy, automotive, construction, and marine uses. Roving, which is made up of continuous glass fiber strands wound into a package, is utilized as reinforcement in a variety of composite production techniques, such as weaving, pultrusion, and filament winding. Because of its adaptability and ability to create lightweight, high-performance composite structures, it has become the material of choice for industries that require strength, durability, and cost-effectiveness, solidifying its market leadership.

The optical fibers segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the optical fibers segment is predicted to witness the highest growth rate, driven by the quick global growth of data center networks, 5G infrastructure, and high-speed internet. Compared to conventional copper wiring, glass fibers in optical cables allow for faster and more dependable communication over long distances by transmitting data as light signals with little loss. The demand for optical fiber cables is rising sharply due to the increased need for cloud computing, broadband connectivity, and smart city infrastructure. Furthermore, propelling the market expansion for this sector are developments in fiber optic technology, such as bend-insensitive and ultra-low-loss fibers, which are expanding their use in industrial automation, defense, and telecommunications.

Region with largest share:

During the forecast period, the Asia-Pacific region is expected to hold the largest market share, fueled by growing construction, fast industrialization, and the flourishing production of electronics and automobiles in nations like China, India, and Japan. The area is a global center for glass fiber product manufacturing because of its large production facilities, inexpensive labor, and plentiful supply of raw materials. Moreover, Asia-Pacific's market dominance has been cemented by strong demand from end-use sectors such as consumer goods, infrastructure development, and wind energy, as well as government initiatives that support urbanization and renewable energy.

Region with highest CAGR:

Over the forecast period, the Middle East & Africa region is anticipated to exhibit the highest CAGR, encouraged by the fast urbanization, expanding infrastructure, and rising investments in renewable energy projects, especially solar and wind. Increased use of lightweight, corrosion-resistant materials in the transportation, water management, and oil and gas sectors, along with growing construction activity in nations like the United Arab Emirates, Saudi Arabia, and South Africa, are fueling demand. Additionally, glass fiber applications are also being opened up by government-supported industrial modernization and diversification projects, setting up the area for the fastest growth in the world.

Key players in the market

Some of the key players in Glass Fiber Market include Asahi Fiber Glass Co. Ltd, Honeywell International Inc, Chongqing Polycomp International Corp. (CPIC), 3B Fibreglass, Johns Manville Inc, Mitsubishi Chemical Group Corporation, Lanxess AG, Jushi Group Co., Ltd., AGY Holding Corp., Montex Glass Fibre Industries Pvt. Ltd., Owens Corning, Taiwan Glass Ind. Corp., PPG Industries, Inc., Nippon Electric Glass Co. Ltd, Saint-Gobain Vetrotex Inc and Nitto Boseki Co. Ltd.

Key Developments:

In June 2025, Honeywell announced a significant expansion of its licensing agreement with AFG Combustion and its subsidiary, Greens Combustion Ltd., to include Callidus flares. This expanded agreement not only doubles the range of greenhouse gas-reducing Callidus Ultra Blue Hydrogen process burners but also enhances global customer support.

In March 2025, Mitsubishi Chemical Group has concluded a license agreement with SNF Group regarding MCG Group’s N-vinylformamide (NVF) manufacturing technology. NVF is a raw material of functional polymers. Using the manufacturing technology licensed under this agreement, SNF will start the commercial production of NVF at its new plant in Dunkirk, France as of this June.

In May 2024, Asahi India Glass (AIS) and INOX Air Products (INOXAP) have made a deal for 20 years to supply green hydrogen to AIS’s new float glass facility in Soniyana, Rajasthan. This is going to be India’s first plant producing green hydrogen for the float glass industry, promoting eco-friendly glass making. The plant will make about 190 tons of green hydrogen per year using electrolysis, and it’s expected to start running by July 2024, powered by solar energy.

Types Covered:
• Chopped Strands
• Glass Wool
• Yarn
• Continuous Filament Mat
• Roving

Glass Types Covered:
• E-Glass (Electrical Glass)
• S-Glass (High-Strength Glass)
• C-Glass (Chemical Resistance)
• Other Glass Types

Manufacturing Processes Covered:
• Open Mold Processes
• Pultrusion
• Closed Mold Processes
• Injection Molding
• Filament Winding

Applications Covered:
• Insulation
• Filtration Media
• Reinforcements
• Optical Fibers
• Composites
• Other Applications

End Users Covered:
• Aerospace
• Transportation
• Building and Construction
• Electrical and Electronics
• Consumer Goods
• Industrial
• Wind Energy
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary         
          
2 Preface         

 2.1 Abstract        
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology        
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions       
          
3 Market Trend Analysis         
 3.1 Introduction        
 3.2 Drivers        
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats        
 3.6 Application Analysis        
 3.7 End User Analysis        
 3.8 Emerging Markets        
 3.9 Impact of Covid-19        
          
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry        
          
5 Global Glass Fiber Market, By Type         
 5.1 Introduction        
 5.2 Chopped Strands        
 5.3 Glass Wool        
 5.4 Yarn        
 5.5 Continuous Filament Mat        
 5.6 Roving        
  5.6.1 Single-End       
  5.6.2 Multi-End       
  5.6.3 DUCS (Direct Use Continuous Strand)       
          
6 Global Glass Fiber Market, By Glass Type         
 6.1 Introduction        
 6.2 E-Glass (Electrical Glass)        
  6.2.1 ECR Glass (Enhanced Corrosion Resistance)       
 6.3 S-Glass (High-Strength Glass)        
  6.3.1 R-Glass (High-Performance Variant)       
 6.4 C-Glass (Chemical Resistance)        
 6.5 Other Glass Types        
          
7 Global Glass Fiber Market, By Manufacturing Process         
 7.1 Introduction        
 7.2 Open Mold Processes        
  7.2.1 Hand Lay-Up       
  7.2.2 Spray-Up       
 7.3 Pultrusion        
 7.4 Closed Mold Processes        
  7.4.1 Resin Transfer Molding (RTM)       
  7.4.2 Compression Molding       
 7.5 Injection Molding        
 7.6 Filament Winding        
          
8 Global Glass Fiber Market, By Application         
 8.1 Introduction        
 8.2 Insulation        
 8.3 Filtration Media        
 8.4 Reinforcements        
 8.5 Optical Fibers        
 8.6 Composites        
  8.6.1 Polymer Matrix Composites       
  8.6.2 Concrete & Civil Infrastructure       
 8.7 Other Applications        
          
9 Global Glass Fiber Market, By End User         
 9.1 Introduction        
 9.2 Aerospace        
 9.3 Transportation        
  9.3.1 Automotive       
  9.3.2 Marine       
  9.3.3 Rail       
 9.4 Building and Construction        
 9.5 Electrical and Electronics        
 9.6 Consumer Goods        
 9.7 Industrial        
  9.7.1 Oil & Gas Equipment       
  9.7.2 Heavy Machinery       
  9.7.3 Chemical Processing       
 9.8 Wind Energy        
 9.9 Other End Users        
          
10 Global Glass Fiber Market, By Geography         
 10.1 Introduction        
 10.2 North America        
  10.2.1 US       
  10.2.2 Canada       
  10.2.3 Mexico       
 10.3 Europe        
  10.3.1 Germany       
  10.3.2 UK       
  10.3.3 Italy       
  10.3.4 France       
  10.3.5 Spain       
  10.3.6 Rest of Europe       
 10.4 Asia Pacific        
  10.4.1 Japan       
  10.4.2 China       
  10.4.3 India       
  10.4.4 Australia       
  10.4.5 New Zealand       
  10.4.6 South Korea       
  10.4.7 Rest of Asia Pacific       
 10.5 South America        
  10.5.1 Argentina       
  10.5.2 Brazil       
  10.5.3 Chile       
  10.5.4 Rest of South America       
 10.6 Middle East & Africa        
  10.6.1 Saudi Arabia       
  10.6.2 UAE       
  10.6.3 Qatar       
  10.6.4 South Africa       
  10.6.5 Rest of Middle East & Africa       
          
11 Key Developments         
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures        
 11.2 Acquisitions & Mergers        
 11.3 New Product Launch        
 11.4 Expansions        
 11.5 Other Key Strategies        
          
12 Company Profiling         
 12.1 Asahi Fiber Glass Co. Ltd        
 12.2 Honeywell International Inc        
 12.3 Chongqing Polycomp International Corp. (CPIC)        
 12.4 3B Fibreglass        
 12.5 Johns Manville Inc        
 12.6 Mitsubishi Chemical Group Corporation        
 12.7 Lanxess AG        
 12.8 Jushi Group Co., Ltd.        
 12.9 AGY Holding Corp.        
 12.10 Montex Glass Fibre Industries Pvt. Ltd.        
 12.11 Owens Corning        
 12.12 Taiwan Glass Ind. Corp.        
 12.13 PPG Industries, Inc.        
 12.14 Nippon Electric Glass Co. Ltd        
 12.15 Saint-Gobain Vetrotex Inc        
 12.16 Nitto Boseki Co. Ltd.        
          
List of Tables          
1 Global Glass Fiber Market Outlook, By Region (2024-2032) ($MN)         
2 Global Glass Fiber Market Outlook, By Type (2024-2032) ($MN)         
3 Global Glass Fiber Market Outlook, By Chopped Strands (2024-2032) ($MN)         
4 Global Glass Fiber Market Outlook, By Glass Wool (2024-2032) ($MN)         
5 Global Glass Fiber Market Outlook, By Yarn (2024-2032) ($MN)         
6 Global Glass Fiber Market Outlook, By Continuous Filament Mat (2024-2032) ($MN)         
7 Global Glass Fiber Market Outlook, By Roving (2024-2032) ($MN)         
8 Global Glass Fiber Market Outlook, By Single-End (2024-2032) ($MN)         
9 Global Glass Fiber Market Outlook, By Multi-End (2024-2032) ($MN)         
10 Global Glass Fiber Market Outlook, By DUCS (Direct Use Continuous Strand) (2024-2032) ($MN)         
11 Global Glass Fiber Market Outlook, By Glass Type (2024-2032) ($MN)         
12 Global Glass Fiber Market Outlook, By E-Glass (Electrical Glass) (2024-2032) ($MN)         
13 Global Glass Fiber Market Outlook, By ECR Glass (Enhanced Corrosion Resistance) (2024-2032) ($MN)         
14 Global Glass Fiber Market Outlook, By S-Glass (High-Strength Glass) (2024-2032) ($MN)         
15 Global Glass Fiber Market Outlook, By R-Glass (High-Performance Variant) (2024-2032) ($MN)         
16 Global Glass Fiber Market Outlook, By C-Glass (Chemical Resistance) (2024-2032) ($MN)         
17 Global Glass Fiber Market Outlook, By Other Glass Types (2024-2032) ($MN)         
18 Global Glass Fiber Market Outlook, By Manufacturing Process (2024-2032) ($MN)         
19 Global Glass Fiber Market Outlook, By Open Mold Processes (2024-2032) ($MN)         
20 Global Glass Fiber Market Outlook, By Hand Lay-Up (2024-2032) ($MN)         
21 Global Glass Fiber Market Outlook, By Spray-Up (2024-2032) ($MN)         
22 Global Glass Fiber Market Outlook, By Pultrusion (2024-2032) ($MN)         
23 Global Glass Fiber Market Outlook, By Closed Mold Processes (2024-2032) ($MN)         
24 Global Glass Fiber Market Outlook, By Resin Transfer Molding (RTM) (2024-2032) ($MN)         
25 Global Glass Fiber Market Outlook, By Compression Molding (2024-2032) ($MN)         
26 Global Glass Fiber Market Outlook, By Injection Molding (2024-2032) ($MN)         
27 Global Glass Fiber Market Outlook, By Filament Winding (2024-2032) ($MN)         
28 Global Glass Fiber Market Outlook, By Application (2024-2032) ($MN)         
29 Global Glass Fiber Market Outlook, By Insulation (2024-2032) ($MN)         
30 Global Glass Fiber Market Outlook, By Filtration Media (2024-2032) ($MN)         
31 Global Glass Fiber Market Outlook, By Reinforcements (2024-2032) ($MN)         
32 Global Glass Fiber Market Outlook, By Optical Fibers (2024-2032) ($MN)         
33 Global Glass Fiber Market Outlook, By Composites (2024-2032) ($MN)         
34 Global Glass Fiber Market Outlook, By Polymer Matrix Composites (2024-2032) ($MN)         
35 Global Glass Fiber Market Outlook, By Concrete & Civil Infrastructure (2024-2032) ($MN)         
36 Global Glass Fiber Market Outlook, By Other Applications (2024-2032) ($MN)         
37 Global Glass Fiber Market Outlook, By End User (2024-2032) ($MN)         
38 Global Glass Fiber Market Outlook, By Aerospace (2024-2032) ($MN)         
39 Global Glass Fiber Market Outlook, By Transportation (2024-2032) ($MN)         
40 Global Glass Fiber Market Outlook, By Automotive (2024-2032) ($MN)         
41 Global Glass Fiber Market Outlook, By Marine (2024-2032) ($MN)         
42 Global Glass Fiber Market Outlook, By Rail (2024-2032) ($MN)         
43 Global Glass Fiber Market Outlook, By Building and Construction (2024-2032) ($MN)         
44 Global Glass Fiber Market Outlook, By Electrical and Electronics (2024-2032) ($MN)         
45 Global Glass Fiber Market Outlook, By Consumer Goods (2024-2032) ($MN)         
46 Global Glass Fiber Market Outlook, By Industrial (2024-2032) ($MN)         
47 Global Glass Fiber Market Outlook, By Oil & Gas Equipment (2024-2032) ($MN)         
48 Global Glass Fiber Market Outlook, By Heavy Machinery (2024-2032) ($MN)         
49 Global Glass Fiber Market Outlook, By Chemical Processing (2024-2032) ($MN)         
50 Global Glass Fiber Market Outlook, By Wind Energy (2024-2032) ($MN)         
51 Global Glass Fiber Market Outlook, By Other End Users (2024-2032) ($MN)         
          
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.          

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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