How big is the fiberglass market | Stats & Insights 2025

Code: MTA6266 Publication Date: Jul 2025

How big is the fiberglass market?

According to 6Wresearch internal database and industry insights, Global fiberglass market was valued atUSD 12 Billion in 2024 and is expected to reachUSD 17 Billion by 2031, growing at acompound annual growth rate of 4.60% during the forecast period.

The market is expanding due to the growing need for strong, lightweight materials in the fields of renewable energy, construction, automotive, and aerospace. Fibreglass is a preferred material in many commercial and industrial applications as of its exceptional strength, insulation, and resistance to corrosion.

Key Growth Factors of the Fiberglass Market

  • Growing uses of lightweighting in the automotive and aerospace industries
  • increasing application in building for structural strength and insulation
  • Rising demand for the production of wind turbine blades
  • Excellent resistance to corrosion, ideal for chemical and marine industries
  • Energy efficiency regulations driving use in thermal insulation
  • Growing investments in infrastructure in emerging economies

Fiberglass Market Trends

The fiberglass market is witnessing increased adoption of chopped strand mats and direct rovings in manufacturing. Sustainability trends are encouraging the use of recyclable fiberglass composites. Advancements in resin technology are enhancing durability and temperature resistance, while manufacturers are focusing on automated production methods.

Emerging Developments in the Fiberglass Market

Emerging developments in the fiberglass market include bio-based fiberglass alternatives, nano-enhanced fiberglass for greater strength, and hybrid composites with improved fatigue performance. Integration with thermoplastics for quick-molded parts and innovations in flame-retardant fiberglass composites are expanding use in electric mobility and building applications.

Leading Companies in the Fiberglass Market

  • Owens Corning
  • Jushi Group Co., Ltd.
  • Nippon Electric Glass Co., Ltd.
  • Saint-Gobain S.A.
  • Taishan Fiberglass Inc.
  • China Beihai Fiberglass Co., Ltd.

How big is the fiberglass market : FAQs

The fiberglass market is expected to reach USD 17 Billion by 2031.
The fiberglass market growing at a compound annual growth rate of 4.60% during the forecast period.
Major users include construction, automotive, wind energy, aerospace, and marine industries.
The main types include E-glass, S-glass, and C-glass, each with specific mechanical and chemical properties.
Fiberglass helps reduce energy usage in buildings and vehicles due to its insulation and lightweight properties, and recyclability is improving with new tech.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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