Fiberglass market size | Trends and Key Insights 2025

Code: MTA4979 Publication Date: Jul 2025

What is the Fiberglass market size?

According to 6Wresearch internal database and industry insights, the Global fiberglass market was estimated at USD 15.7 billion in 2024 and is projected to exceed USD 27.3 billion by 2031, exponentially growing at a CAGR of 8.3% during the forecast period.

This remarkable growth is highly influenced due to its wide application across construction, automotive, aerospace, and renewable energy sectors. In general, fiberglass is known for its superior strength-to-weight ratio and design flexibility, making it a preferred material for durable product manufacturing. As sustainable infrastructure and electric vehicles gain traction globally, fiberglass adoption is expected to intensify further.

Growth Factors of the Fiberglass Market

  • The demand for fiberglass in construction and infrastructure projects is increasing due to high tensile strength and corrosion resistance.
  • Widespread adoption of fiberglass composites in marine and sports equipment industries.
  • The use of lightweight materials in automotive and aerospace sectors to enhance fuel efficiency is expanding rapidly.
  • Technological advancements leading to improved fiberglass reinforcement.
  • Rising investment in renewable energy, particularly wind turbine blade manufacturing.
  • Cost-effectiveness compared to carbon fiber and other high-performance materials.

Fiberglass Market Trends

The fiberglass market is evolving with significant trends in high-performance composites, increased use of hybrid reinforcements, and the emergence of eco-friendly production methods. Manufacturers are focusing on optimizing resin systems for enhanced durability and flexibility. Furthermore, digital design tools and simulation software are aiding in reducing development cycles for fiberglass-based structures. Sustainability trends are also encouraging recycling initiatives and bio-based resin adoption in fiberglass production.

Emerging Developments in Fiberglass Industry 

Fiberglass Industry is one of the prominent industries as fiberglass manufacturers are increasingly implementing automation in fabrication processes, enabling precision and scalability in production. There is also a shift toward thermoplastic composites which allow reprocessing and recyclability—key aspects in sustainability goals. Wind energy applications are expected to remain a high-growth area, particularly in emerging economies investing in green energy. 

Major Companies in the Fiberglass Industry

  • Saint-Gobain S.A.
  • Nippon Electric Glass Co., Ltd.
  • Taishan Fiberglass Inc.
  • Owens Corning
  • China Jushi Co., Ltd.
  • Johns Manville
Fiberglass market size : FAQs
Fiberglass market is projected to exceed USD 27.3 billion by 2031 due to rising demand in various sectors.
Saint-Gobain S.A., Nippon Electric Glass Co., Ltd., Owens Corning, and others.
Wide application of fiberglass across construction, automotive, and renewable energy sectors is one of the pivotal factors proliferates growth.
Automation, better resin systems, and digital design integration are revolutionizing fiberglass production globally.
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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