- Assembled Roving,
- Direct Roving,
- Yarn,
- Chopped Strand,
- Others
Fiberglass Market Size was valued at USD 11.5 billion in 2022 and is expected to grow USD 16.2 billion by 2029 at a CAGR of 5.1% from 2023 to 2029. The global market report provides a detailed overview of the market, which has been segmented by product type, resin type, and application. The fiberglass market has been segmented by product type: Assembled Roving, Direct Roving, Yarn, Chopped Strand, and Others. The Chopped Strand segment is likely to be the largest and fastest-growing segment in terms of product types. The fiberglass market has been segmented by resin type into Thermoset Resins and Thermoplastic Resins. The Thermoset Resins segment will account for a significant revenue share in 2022-2028. Based on application, fiberglass is segmented into Construction and infrastructure, Automotive, Wind Energy, Electronics, Aerospace, and others. According to Precision Business Insights, the Automotive segment is predicted to register the fastest growth rate during the forecast period.
Fiberglass Market Key Development:
- In January 2021, Warminster Fiberglass, LLC, headquartered in Decatur, Ala., acquired Warminster Fiberglass, headquartered in Southampton, Pa., with offices and operations in Jacksonville, Texas, and Southampton, Pa.
Fiberglass Market Summary
Study Period
2024-2030Base Year
2023CAGR
5.1%Largest Market
Asia PacificFastest Growing Market
Asia PacificFiberglass Market Dynamics
The market is expected to grow due to the rising use of fiberglass in constructing vehicles and aircraft body parts due to its high strength and lightweight features. Furthermore, the widespread use of fiberglass in the building and construction industry for insulation and composite applications is expected to boost the market further in the coming years.
Asia-Pacific Got Significant Share
Fiberglass Market Regional Analysis
The Asia Pacific market is expected to witness the highest market share during the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
Fiberglass Market Segmentation
By Product Type
By Resin Type
- Thermoset Resins,
- Thermoplastic Resins
By Application
- Construction & Infrastructure,
- Automotive,
- Wind Energy,
- Electronics,
- Aerospace,
- others
Frequently Asked Questions
The fiberglass market is projected to expand at a CAGR of 5.1% during the forecast period.
The major players in the global fiberglass market are ??? Owens Corning, Saint-Gobain Vetrotex, Johns Manville Corp., Taishan Fiberglass Inc., Nippon Electric Glass Co., Ltd, PFG Fiber Glass Corporation, Knauf Insulation, Glasstex Fiberglass Materials Corp., Jushi Group Co., Ltd, and PPG Industries, Inc.
Asia Pacific is the fastest-growing region for fiberglass market
Key Features of the Report
- The fiberglass market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The fiberglass market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The fiberglass market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The fiberglass market report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The fiberglass market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
| 1. Executive Summary |
| 2. Global Fiberglass Market Introduction |
| 2.1. Global Fiberglass Market - Taxonomy |
| 2.2. Global Fiberglass Market -Definitions |
| 2.2.1. Product Type |
| 2.2.2. Resin Type |
| 2.2.3. Application |
| 3. Global Fiberglass Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Fiberglass Market Dynamic Factors - Impact Analysis |
| 3.6. Global Fiberglass Market - Competition Landscape |
| 4. Global Fiberglass Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Fiberglass Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 5.1. Assembled Roving |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Direct Roving |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Yarn |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Chopped Strand |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6. Global Fiberglass Market Forecast, By Resin Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 6.1. Thermoset Resins |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Thermoplastic Resins |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Global Fiberglass Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 - 2029 |
| 7.1. Construction & Infrastructure |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Automotive |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Wind Energy |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Electronics |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Aerospace |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Others |
| 7.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 8. Global Fiberglass Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Fiberglass Market - Opportunity Analysis Index, By Product Type, Resin Type, Application and Region, 2023 - 2029 |
| 9. North America Fiberglass Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 9.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Assembled Roving |
| 9.1.2. Direct Roving |
| 9.1.3. Yarn |
| 9.1.4. Chopped Strand |
| 9.1.5. Others |
| 9.2. Resin Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Thermoset Resins |
| 9.2.2. Thermoplastic Resins |
| 9.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Construction & Infrastructure |
| 9.3.2. Automotive |
| 9.3.3. Wind Energy |
| 9.3.4. Electronics |
| 9.3.5. Aerospace |
| 9.3.6. Others |
| 9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Fiberglass Market - Opportunity Analysis Index, By Product Type, Resin Type, Application and Country, 2023 - 2029 |
| 9.6. North America Fiberglass Market Dynamics - Trends |
| 10. Europe Fiberglass Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 10.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Assembled Roving |
| 10.1.2. Direct Roving |
| 10.1.3. Yarn |
| 10.1.4. Chopped Strand |
| 10.1.5. Others |
| 10.2. Resin Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Thermoset Resins |
| 10.2.2. Thermoplastic Resins |
| 10.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Construction & Infrastructure |
| 10.3.2. Automotive |
| 10.3.3. Wind Energy |
| 10.3.4. Electronics |
| 10.3.5. Aerospace |
| 10.3.6. Others |
| 10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Poland |
| 10.4.8. Rest of Europe |
| 10.5. Europe Fiberglass Market - Opportunity Analysis Index, By Product Type, Resin Type, Application and Country, 2023 - 2029 |
| 10.6. Europe Fiberglass Market Dynamics - Trends |
| 11. Asia-Pacific Fiberglass Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 11.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Assembled Roving |
| 11.1.2. Direct Roving |
| 11.1.3. Yarn |
| 11.1.4. Chopped Strand |
| 11.1.5. Others |
| 11.2. Resin Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Thermoset Resins |
| 11.2.2. Thermoplastic Resins |
| 11.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Construction & Infrastructure |
| 11.3.2. Automotive |
| 11.3.3. Wind Energy |
| 11.3.4. Electronics |
| 11.3.5. Aerospace |
| 11.3.6. Others |
| 11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Japan |
| 11.4.2. China |
| 11.4.3. India |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Fiberglass Market - Opportunity Analysis Index, By Product Type, Resin Type, Application and Country, 2023 - 2029 |
| 11.6. Asia-Pacific Fiberglass Market Dynamics - Trends |
| 12. Latin America Fiberglass Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 12.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Assembled Roving |
| 12.1.2. Direct Roving |
| 12.1.3. Yarn |
| 12.1.4. Chopped Strand |
| 12.1.5. Others |
| 12.2. Resin Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Thermoset Resins |
| 12.2.2. Thermoplastic Resins |
| 12.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Construction & Infrastructure |
| 12.3.2. Automotive |
| 12.3.3. Wind Energy |
| 12.3.4. Electronics |
| 12.3.5. Aerospace |
| 12.3.6. Others |
| 12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Fiberglass Market - Opportunity Analysis Index, By Product Type, Resin Type, Application and Country, 2023 - 2029 |
| 12.6. Latin America Fiberglass Market Dynamics - Trends |
| 13. Middle East and Africa Fiberglass Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue (USD Mn), & Volume (Tons)) |
| 13.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Assembled Roving |
| 13.1.2. Direct Roving |
| 13.1.3. Yarn |
| 13.1.4. Chopped Strand |
| 13.1.5. Others |
| 13.2. Resin Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Thermoset Resins |
| 13.2.2. Thermoplastic Resins |
| 13.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Construction & Infrastructure |
| 13.3.2. Automotive |
| 13.3.3. Wind Energy |
| 13.3.4. Electronics |
| 13.3.5. Aerospace |
| 13.3.6. Others |
| 13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Volume (Tons) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Fiberglass Market - Opportunity Analysis Index, By Product Type, Resin Type, Application and Country, 2023 - 2029 |
| 13.6. MEA Fiberglass Market Dynamics - Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Product Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Owens Corning |
| 14.2.2. Saint-Gobain Vetrotex |
| 14.2.3. Johns Manville Corp. |
| 14.2.4. Taishan Fiberglass Inc. |
| 14.2.5. Nippon Electric Glass Co., Ltd |
| 14.2.6. PFG Fiber Glass Corporation |
| 14.2.7. Knauf Insulation |
| 14.2.8. Glasstex Fiberglass Materials Corp. |
| 14.2.9. Jushi Group Co., Ltd |
| 14.2.10. PPG Industries, Inc. |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
| Disclaimer |
| The above mentioned segmentation is tentative; it is changed according to client’s requirement, or research feasibility. |
- Owens Corning
- Saint-Gobain Vetrotex
- Johns Manville Corp.
- Taishan Fiberglass Inc.
- Nippon Electric Glass Co., Ltd
- PFG Fiber Glass Corporation
- Knauf Insulation
- Glasstex Fiberglass Materials Corp.
- Jushi Group Co., Ltd
- PPG Industries, Inc.