| Product Code: ETC13145216 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Glass Fiber And GFRP Composites Market was valued at USD 25 Billion in 2024 and is expected to reach USD 37 Billion by 2031, growing at a compound annual growth rate of 5.70% during the forecast period (2025-2031).
The global glass fiber and GFRP (Glass Fiber Reinforced Plastic) composites market is experiencing steady growth driven by increasing demand from various end-use industries such as automotive, construction, aerospace, and wind energy. The lightweight and high-strength properties of glass fiber and GFRP composites make them ideal materials for use in applications requiring durability and corrosion resistance. The market is also benefiting from advancements in manufacturing technologies, leading to improved product performance and cost-effectiveness. North America and Europe are key regions for market growth, while Asia Pacific is emerging as a significant market due to rapid industrialization and infrastructure development. Key players in the global glass fiber and GFRP composites market include Owens Corning, Jushi Group, and PPG Industries, among others.
The Global Glass Fiber and GFRP Composites Market is experiencing steady growth driven by increasing demand from various end-use industries such as automotive, construction, aerospace, and wind energy. The growing emphasis on lightweight and high-performance materials, coupled with the need for sustainable and eco-friendly solutions, is fueling the adoption of glass fiber and GFRP composites. Advancements in manufacturing technologies and the development of innovative product offerings are further propelling market growth. Opportunities lie in the expanding applications of these composites in sectors like infrastructure, marine, and sports equipment, as well as the increasing focus on carbon footprint reduction. Companies investing in research and development to enhance product quality, durability, and cost-effectiveness are well-positioned to capitalize on the growing demand for glass fiber and GFRP composites globally.
The Global Glass Fiber and GFRP Composites Market faces several challenges, including fluctuating raw material prices, increasing competition from alternative materials, stringent regulations related to emissions and waste disposal, and the impact of the COVID-19 pandemic on supply chains and demand. Additionally, issues such as low recyclability of glass fiber composites, limited awareness among end-users about the benefits of these materials, and the high initial investment required for manufacturing facilities pose hurdles for market growth. Furthermore, the need for continuous innovation to develop advanced composites with enhanced properties and performance characteristics adds complexity to the market landscape. Overall, addressing these challenges will be crucial for the sustainable growth and development of the Global Glass Fiber and GFRP Composites Market.
The global glass fiber and GFRP composites market is primarily driven by the increasing demand for lightweight and high-strength materials across various industries such as automotive, construction, aerospace, and wind energy. Glass fiber and GFRP composites offer superior properties such as corrosion resistance, durability, and design flexibility, making them ideal for replacing traditional materials like steel and aluminum. Additionally, stringent regulations promoting the use of eco-friendly and sustainable materials are further propelling the market growth for glass fiber and GFRP composites. The rising investments in infrastructure development projects, coupled with the expanding wind energy sector, are also key factors contributing to the market expansion of glass fiber and GFRP composites globally.
Government policies related to the global glass fiber and GFRP composites market vary by country. In the United States, the government has implemented regulations such as the Buy American Act, which requires federal agencies to prioritize purchasing American-made products. This could potentially benefit domestic glass fiber and GFRP composite manufacturers. In Europe, there are stringent environmental regulations such as the REACH regulation, which aims to restrict the use of harmful chemicals in manufacturing processes. This could impact the production and use of glass fiber and GFRP composites in the region. Additionally, various countries offer incentives and subsidies for companies investing in research and development of sustainable materials, which could drive innovation in the glass fiber and GFRP composites market.
The global glass fiber and GFRP composites market is expected to witness significant growth in the coming years, driven by increasing demand from various end-use industries such as automotive, construction, aerospace, and wind energy. The market is likely to benefit from the growing emphasis on lightweight and high-strength materials for enhancing fuel efficiency, reducing emissions, and improving overall performance. Additionally, the rising awareness about the benefits of glass fiber composites, such as corrosion resistance, durability, and design flexibility, is anticipated to further propel market growth. Technological advancements in manufacturing processes and the development of innovative products are also expected to contribute to the expansion of the global glass fiber and GFRP composites market in the foreseeable future.
In the global glass fiber and GFRP composites market, Asia Pacific is expected to witness significant growth due to rapid industrialization and increasing demand for lightweight and durable materials in sectors such as automotive, construction, and aerospace. North America is projected to dominate the market, driven by the presence of key players and ongoing technological advancements in composites manufacturing. Europe is anticipated to show steady growth, supported by stringent regulations promoting the use of sustainable materials. The Middle East and Africa region is likely to experience moderate growth, primarily due to infrastructure development projects. Latin America is expected to show promising growth opportunities, driven by the expanding construction industry and increasing investments in renewable energy projects utilizing composite materials for wind energy applications.
Global Glass Fiber And GFRP Composites Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Glass Fiber And GFRP Composites Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Glass Fiber And GFRP Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Global Glass Fiber And GFRP Composites Market - Industry Life Cycle |
3.4 Global Glass Fiber And GFRP Composites Market - Porter's Five Forces |
3.5 Global Glass Fiber And GFRP Composites Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Glass Fiber And GFRP Composites Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Glass Fiber And GFRP Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.8 Global Glass Fiber And GFRP Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.9 Global Glass Fiber And GFRP Composites Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Global Glass Fiber And GFRP Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Glass Fiber And GFRP Composites Market Trends |
6 Global Glass Fiber And GFRP Composites Market, 2021 - 2031 |
6.1 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Continuous Fiber, 2021 - 2031 |
6.1.3 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Chopped Fiber, 2021 - 2031 |
6.1.4 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Resin Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Polyester, 2021 - 2031 |
6.2.3 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Vinyl Ester, 2021 - 2031 |
6.2.4 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Epoxy, 2021 - 2031 |
6.2.5 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Polyurethane, 2021 - 2031 |
6.2.6 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Manufacturing Process, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Hand Layup, 2021 - 2031 |
6.3.3 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Spray Up, 2021 - 2031 |
6.3.4 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Resin Transfer Molding (RTM), 2021 - 2031 |
6.3.5 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Pultrusion, 2021 - 2031 |
6.3.6 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Others, 2021 - 2031 |
6.4 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Automotive, 2021 - 2031 |
6.4.3 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Aerospace, 2021 - 2031 |
6.4.4 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Construction, 2021 - 2031 |
6.4.5 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Marine, 2021 - 2031 |
6.4.6 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Renewable Energy, 2021 - 2031 |
6.4.7 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Electronics, 2021 - 2031 |
6.4.8 Global Glass Fiber And GFRP Composites Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Glass Fiber And GFRP Composites Market, Overview & Analysis |
7.1 North America Glass Fiber And GFRP Composites Market Revenues & Volume, 2021 - 2031 |
7.2 North America Glass Fiber And GFRP Composites Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Glass Fiber And GFRP Composites Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Glass Fiber And GFRP Composites Market, Revenues & Volume, By Resin Type, 2021 - 2031 |
7.5 North America Glass Fiber And GFRP Composites Market, Revenues & Volume, By Manufacturing Process, 2021 - 2031 |
7.6 North America Glass Fiber And GFRP Composites Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
8 Latin America (LATAM) Glass Fiber And GFRP Composites Market, Overview & Analysis |
8.1 Latin America (LATAM) Glass Fiber And GFRP Composites Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Glass Fiber And GFRP Composites Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Glass Fiber And GFRP Composites Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Glass Fiber And GFRP Composites Market, Revenues & Volume, By Resin Type, 2021 - 2031 |
8.5 Latin America (LATAM) Glass Fiber And GFRP Composites Market, Revenues & Volume, By Manufacturing Process, 2021 - 2031 |
8.6 Latin America (LATAM) Glass Fiber And GFRP Composites Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
9 Asia Glass Fiber And GFRP Composites Market, Overview & Analysis |
9.1 Asia Glass Fiber And GFRP Composites Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Glass Fiber And GFRP Composites Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Glass Fiber And GFRP Composites Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Glass Fiber And GFRP Composites Market, Revenues & Volume, By Resin Type, 2021 - 2031 |
9.5 Asia Glass Fiber And GFRP Composites Market, Revenues & Volume, By Manufacturing Process, 2021 - 2031 |
9.6 Asia Glass Fiber And GFRP Composites Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
10 Africa Glass Fiber And GFRP Composites Market, Overview & Analysis |
10.1 Africa Glass Fiber And GFRP Composites Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Glass Fiber And GFRP Composites Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Glass Fiber And GFRP Composites Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Glass Fiber And GFRP Composites Market, Revenues & Volume, By Resin Type, 2021 - 2031 |
10.5 Africa Glass Fiber And GFRP Composites Market, Revenues & Volume, By Manufacturing Process, 2021 - 2031 |
10.6 Africa Glass Fiber And GFRP Composites Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
11 Europe Glass Fiber And GFRP Composites Market, Overview & Analysis |
11.1 Europe Glass Fiber And GFRP Composites Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Glass Fiber And GFRP Composites Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Glass Fiber And GFRP Composites Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Glass Fiber And GFRP Composites Market, Revenues & Volume, By Resin Type, 2021 - 2031 |
11.5 Europe Glass Fiber And GFRP Composites Market, Revenues & Volume, By Manufacturing Process, 2021 - 2031 |
11.6 Europe Glass Fiber And GFRP Composites Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
12 Middle East Glass Fiber And GFRP Composites Market, Overview & Analysis |
12.1 Middle East Glass Fiber And GFRP Composites Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Glass Fiber And GFRP Composites Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Glass Fiber And GFRP Composites Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Glass Fiber And GFRP Composites Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Glass Fiber And GFRP Composites Market, Revenues & Volume, By Resin Type, 2021 - 2031 |
12.5 Middle East Glass Fiber And GFRP Composites Market, Revenues & Volume, By Manufacturing Process, 2021 - 2031 |
12.6 Middle East Glass Fiber And GFRP Composites Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
13 Global Glass Fiber And GFRP Composites Market Key Performance Indicators |
14 Global Glass Fiber And GFRP Composites Market - Export/Import By Countries Assessment |
15 Global Glass Fiber And GFRP Composites Market - Opportunity Assessment |
15.1 Global Glass Fiber And GFRP Composites Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Glass Fiber And GFRP Composites Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Glass Fiber And GFRP Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
15.4 Global Glass Fiber And GFRP Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
15.5 Global Glass Fiber And GFRP Composites Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
16 Global Glass Fiber And GFRP Composites Market - Competitive Landscape |
16.1 Global Glass Fiber And GFRP Composites Market Revenue Share, By Companies, 2024 |
16.2 Global Glass Fiber And GFRP Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |