India Fiberglass Market is Expected to Register a 6.69% CAGR Through 2031
Growth in the Construction & Infrastructure Sector
and Expansion of the Automotive & Transportation Industry are likely to
propel the market during the forecast period.
According to
TechSci Research report, “India Fiberglass Market – By Region,
Competition, Forecast and Opportunities, 2021-2031F”, India Fiberglass Market was valued at USD 880
Million in 2025 and is expected to reach USD 1309 Million by 2031 with a CAGR
of 6.69% during the forecast period.
India’s industrial growth across sectors
such as chemicals, oil and gas, water treatment, and manufacturing is a major
driver for the fiberglass market. Industries require materials that can endure
harsh environments, resist corrosion, and maintain performance under extreme
temperature or chemical exposure—making fiberglass an optimal choice.
In chemical processing plants,
fiberglass-reinforced plastics (FRP) are used for storage tanks, pipes, ducts,
and linings. These applications demand corrosion resistance, especially in
environments exposed to acids, solvents, or high salinity. Compared to metals
like stainless steel, fiberglass is more cost-effective over the lifecycle of
the equipment due to its lower maintenance needs and extended durability.
The water treatment and desalination
sector is another growing market. India’s increasing focus on clean water
supply, especially in urban and industrial areas, has created demand for
fiberglass products in filtration systems, tanks, and pipelines. FRP materials
help prevent microbial growth and resist chemical attack from chlorinated or
acidic water.
In oil and gas, fiberglass is used in
downhole tools, casing tubes, and flowlines due to its high strength and
resistance to sour gas environments. As India looks to expand its domestic oil
and gas infrastructure, both onshore and offshore, these applications are
gaining traction.
Manufacturing industries such as
textiles, food processing, and pulp and paper also utilize fiberglass for its
thermal and chemical stability. Heat exchangers, insulation panels, and
non-metallic fans are some common components made from fiberglass in these
settings. Moreover, government regulations encouraging sustainable and
environmentally safe production processes are pushing companies to adopt
materials like fiberglass, which are inert and produce minimal environmental
impact during use.
The ability to mold fiberglass into
complex shapes and its compatibility with automation has further improved its
appeal in industrial design and process equipment. With rising environmental
consciousness and the need for long-lasting, non-reactive materials, fiberglass
is well-positioned to see consistent demand across India’s diverse industrial
base.
Browse over XX Market
data Figures spread through XX Pages and an in-depth TOC on " India Fiberglass Market.”
Based
on Application, The Composites dominated the Indian fiberglass market due to
their versatility, superior performance characteristics, and increasing demand
across a wide range of end-use industries. Fiberglass-reinforced composites
combine glass fibers with resins to create materials that are lightweight,
strong, corrosion-resistant, and highly durable—making them ideal for modern
industrial applications.
One
of the key reasons for this dominance is the rapid growth in infrastructure,
transportation, and renewable energy sectors, where composites are increasingly
replacing traditional materials like steel, wood, and aluminum. In
construction, fiberglass composites are widely used in roofing sheets, panels,
doors, and claddings due to their resistance to corrosion, weathering, and
moisture. Similarly, in the automotive and electric vehicle sectors,
manufacturers are adopting composites to reduce vehicle weight, improve fuel
efficiency, and meet stringent emission norms.
In
wind energy, fiberglass composites are essential in the production of wind
turbine blades, where high strength-to-weight ratios are crucial. India’s
growing investment in renewable energy, especially wind power, has
significantly boosted the demand for fiberglass composites. Additionally,
composites offer design flexibility and lower lifecycle costs, which appeal to
industries seeking durable and low-maintenance solutions. Their electrical
insulation properties also make them suitable for electrical enclosures, cable
trays, and transformer components.
The
shift toward sustainability is another contributing factor. Fiberglass
composites have a longer service life and require less maintenance, aligning
well with green building and infrastructure initiatives in India. Furthermore,
technological advancements in resin systems and molding techniques are making
composite manufacturing more efficient and scalable. The rise of domestic
composite manufacturers, supported by initiatives like “Make in India,” has
also helped reduce import dependency and stimulate local production.
Based on Region,
North India is emerging as
the fastest-growing region in the Indian fiberglass market due to a confluence
of infrastructure expansion, industrial development, and rising demand from key
end-use sectors such as construction, automotive, and renewable energy.
One
of the primary drivers is the rapid infrastructure growth in states like Delhi,
Haryana, Uttar Pradesh, Punjab, and Rajasthan. These states are witnessing a
boom in urban development, with major investments in highways, metro rail
projects, smart cities, and commercial real estate. Fiberglass is increasingly
being used in these projects for applications such as pipes, panels, cable
trays, cooling towers, and insulation due to its durability, corrosion
resistance, and lightweight properties.
The
automotive and electric vehicle (EV) clusters in Haryana and Uttar Pradesh are
also contributing to the demand for fiberglass components. EV manufacturers are
adopting fiberglass composites for lightweight body parts, battery casings, and
interior components to improve efficiency and performance. In addition,
renewable energy projects, particularly in solar and wind, are gaining momentum
in North India. Fiberglass is used in wind turbine blades, solar panel frames,
and support structures. Government policies and incentives for clean energy
adoption are accelerating this trend.
North
India also benefits from the presence of industrial corridors, such as the
Delhi-Mumbai Industrial Corridor (DMIC), which has attracted manufacturing
investments and boosted demand for fiberglass in factory construction and
machinery. Furthermore, the region has a growing consumer awareness of
sustainable and long-lasting materials. Public and private sector projects are
increasingly specifying composite materials for better lifecycle cost
advantages.
Major companies
operating in the India Fiberglass Market are:
- Owens Corning
India Pvt. Ltd.
- Jushi Group
Co., Ltd.
- Nippon Electric
Glass Co., Ltd.
- Saint-Gobain
Vetrotex India Pvt. Ltd.
- Garware
Technical Fibres Ltd.
- Owens Corning
Global Services Pvt. Ltd.
- Fiber Glass
Industries Pvt. Ltd.
- Jindal Fiberglass
Pvt. Ltd.
Download Free Sample Report
Customers can
also request 10% free customization on this report.
“The Indian fiberglass market presents
substantial growth opportunities driven by rapid industrialization,
infrastructure development, and the increasing adoption of lightweight, durable
materials across sectors such as construction, automotive, renewable energy,
and water treatment. With government initiatives like “Make in India” and
rising emphasis on sustainability and energy efficiency, demand for fiberglass
composites is expected to surge. Additionally, the shift toward electric
vehicles and smart cities further expands application areas. Local
manufacturing capacity enhancements and technological innovation will enable
India to reduce import dependency and become a key supplier in the global
fiberglass value chain, positioning the market for long-term growth.”
said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.
“India Fiberglass Market,
By Glass Type (E-Glass, ECR-Glass, H-Glass, AR-Glass,
S-Glass), By Product Type (Glass Wool, Direct & Assembled Roving, Yarn,
Chopped Strand), By Application (Composites, Insulation) By Region, Competition,
Forecast & Opportunities, 2021-2031F”, has evaluated the future growth potential of India Fiberglass
Market and provides statistics & information on Market size, structure and
future Market growth. The report intends to provide cutting-edge Market
intelligence and help decision-makers make sound investment decisions., The
report also identifies and analyzes the emerging trends along with essential
drivers, challenges, and opportunities in the India Fiberglass Market.
Contact
TechSci Research LLC
420 Lexington Avenue,
Suite 300, New York,
United States-
10170
Tel: +13322586602
Email: [email protected]
Website: www.techsciresearch.com