Global Glass Fibers Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Glass Type;

E Glass, ECR Glass, H Glass and AR Glass.

By Resin Type;

Chopped Strands, Glass Wool, Roving, Yarn.

By Application;

Composites, Insulation.

By End-Use;

Transportation, Construction, Energy, Consumer Goods, Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn800561120 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Glass Fibers Market (USD Million), 2021 - 2031

In the year 2024, the Global Glass Fibers Market was valued at USD 19,082.10 million. The size of this market is expected to increase to USD 27,029.94 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.1%.

The global glass fibers market represents a significant segment within the broader composite materials industry, characterized by its extensive applications and steady growth. Glass fibers, known for their superior strength, durability, and lightweight properties, are integral to various sectors including automotive, aerospace, construction, and marine industries. These fibers are produced through the melting and extrusion of glass, resulting in strands that can be woven into fabrics or used as reinforcement in composite materials.

In recent years, the market for glass fibers has expanded due to increasing demand for high-performance materials that offer cost-effectiveness and improved mechanical properties. This growth is driven by advancements in technology and manufacturing processes, which have enhanced the performance characteristics of glass fibers. The rise in construction activities, particularly in emerging economies, and the push towards more fuel-efficient and environmentally friendly vehicles have further fueled market expansion.

The trend towards sustainable and green building practices has spurred the adoption of glass fiber-reinforced materials, which are not only eco-friendly but also offer high thermal and acoustic insulation properties. The versatility of glass fibers allows them to be employed in a variety of applications, from reinforced concrete and insulation materials to lightweight composites used in sports equipment and consumer goods.

As the global economy continues to evolve, the glass fibers market is expected to maintain its growth trajectory, driven by ongoing innovations, increasing industrial applications, and rising consumer awareness about the benefits of composite materials.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Glass Type
    2. Market Snapshot, By Resin Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-Use
    5. Market Snapshot, By Region
  4. Global Glass Fibers Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Infrastructure Growth
        2. Automotive Demand
        3. Energy Efficiency
        4. Cost-Effectiveness
      2. Restraints
        1. High Production Costs
        2. Recycling Challenges
        3. Substitute Materials
        4. Regulatory Constraints
      3. Opportunities
        1. Sustainability Trends
        2. Composites Market
        3. Automotive Lightweighting
        4. Infrastructure Development
    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. Global Glass Fibers Market, By Glass Type, 2021 - 2031 (USD Million)
      1. E Glass
      2. ECR Glass
      3. H Glass
      4. AR Glass
    2. Global Glass Fibers Market, By Resin Type, 2021 - 2031 (USD Million)
      1. Chopped Strands
      2. Glass Wool
      3. Roving
      4. Yarn
    3. Global Glass Fibers Market, By Application, 2021 - 2031 (USD Million)
      1. Composites
      2. Insulation
    4. Global Glass Fibers Market, By End-Use, 2021 - 2031 (USD Million)
      1. Transportation
      2. Construction
      3. Energy
      4. Consumer Goods
      5. Others
    5. Global Glass Fibers 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 ASEAN (Association of South East Asian Countries)
        6. 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. Saint-Gobain
      3. Jushi Group
      4. AGY Holding Corp.
      5. Nippon Electric Glass Co., Ltd.
      6. PPG Industries, Inc.
      7. Johns Manville
      8. SGL Carbon
      9. China Beihai Fiberglass Co., Ltd.
      10. BASF SE
  7. Analyst Views
  8. Future Outlook of the Market