The global fiberglass market size is estimated to be valued at USD 30.96 Billion in 2025. It can reach a valuation of USD 48.75 Billion by 2032, exhibiting a CAGR of 6.7% throughout the forecast period (2025-2032).  

The immense demand for lightweight materials in the automotive sector is expected to drive up the market growth significantly. The development of lightweight vehicles and their application in luxury vehicles is likely to expand market opportunities. A prime instance is the use of fiberglass-reinforced plastics (FRP) in door panels and dashboards by car manufacturers to appeal to potential customers. Additionally, the demand in the aerospace and defense sectors can facilitate market growth.

However, supply chain issues due to geopolitical tensions and natural disasters can threaten the market growth.

Key Market Insights

The fiberglass market is predicted to be shaped by fiberglass composites and its use in 3D printing applications.

• By material, the ECR glass segment is expected to capture a 12.0% share of the market in 2025. This can be attributed to its corrosion resistance and mechanical performance compared to E-glass. The use of ECR glass in environments with high durability can drive up its demand over the forecast period.
• By product type, the chopped strand segment is anticipated to retain 10.0% market share in 2025. Its ability to provide versatility to reinforced thermoplastic and thermoset resins can bode well for the segment in the fiberglass market.
• By application, the insulation segment is anticipated to have a significant market share in 2025. This can be attributed to improvements in building energy efficiency and the increasing demand for insulation materials. Renovations and remodeling projects using fiberglass can boost the prospects of the segment till 2032.
• By geography, the Europe region is expected to exhibit a robust growth rate over the forecast period. This can be attributed to the demand for glass wool and the region’s commitment to sustainability.

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Fiberglass Market Report Coverage

Market Dynamics

The use of FRP for ensuring worker safety at power plants is expected to be a major driver of the market. The necessity of energy due to the boom in AI and data centers is likely to bode well for the market. The safety guidelines outlined by governments, and the versatile features of FRP, can favor the market as well.

The impact of tariffs by the U.S. on Chinese producers has not dampened the prospects for fiberglass. In fact, the massive demand for fiberglass woven roving in aerospace, construction, and automotive sectors can augur favorably for the market. The inclusion of automated weaving and novel composite materials is increasing the production of fiberglass. Moreover, strategic alliances formed by Chinese companies to explore markets beyond the U.S. can help scale the fiberglass market over the forecast period.

Market Opportunity: Expansion in Smart Cities and Infrastructure Expansion

The use of fiberglass in insulation, piping, roofing, and structural applications, driven by the construction of smart cities by governments, can present a lucrative opportunity for the fiberglass market. The integration of fiberglass reinforced pipes to improve the durability and efficiency of structures can push the market growth significantly.

Market Challenge: AI Boom to Restrain Fiberglass Fabrics

The expansion of AI is creating hurdles in the production of fiberglass fabrics. The high demand for fiberglass in data centers and printed circuit boards has resulted in a supply gap that could lead to a price hike. The rally of an AI boom led by NVIDIA and TSMC is also expected to push up the prices of IC substrates from August 2025. This can be a major challenge for the market.

Analyst’s View

• The demand for high-strength and lightweight materials can spur the growth of the fiberglass market.
• The ECR glass segment is expected to have a robust market share in 2025, owing to better chemical resistance and strength compared to E-glass.
• Key players are leveraging product launches and strategic collaborations to maintain their competitive edge.

Recent Developments

Johns Manville Corporation announced a new production line of blown-in fiberglass, ClimatePro, in Georgia, U.S. on February 25, 2025. It is expected to commence production in mid-2027 and serve to the demand for energy-efficient homes.

Competitor Insights

• Glassfibre & Allied Industries
• Chongqing Polycomp International Corporation (CPIC)
• Taishan Fiberglass Inc.
• PFG Fiber Glass (Kunshan) Co. Ltd.
• Jushi Group Co., Ltd.
• Asahi Fiber Glass Co., Ltd.
• Saint-Gobain S.A.
• Fiberglass Fabricators
• Owens Corning
• Johns Manville Corporation
• Binani 3B-The Fibreglass Company
• Nitto Boseki Co., Ltd.
• PPG Industries, Inc.
• Nippon Electric Glass Co., Ltd.
• Fibre Glast Developments Corp.

Market Segmentation

• By Material
• E Glass
• ECR Glass
• H Glass
• AR Glass
• S Glass
• By Product Type
• Glass Wool
• Chopped Strand
• Yarn
• Rovings
• Fabrics
• By Application
• Composites
• Insulation

Regional Insights

• North America
  • U.S.
  • Canada
• Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
• Europe
  • Italy
  • Germany
  • U.K.
  • Spain
  • Russia
  • France
  • Rest of Europe
• Asia Pacific
  • South Korea
  • India
  • China
  • Japan
  • Australia
  • ASEAN
  • Rest of Asia Pacific
• Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
• Africa
  • South Africa
  • North Africa
  • Central Africa