Fiberglass Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Glass Wool, Direct & Assembled Roving, Yarn, Chopped Strand, Others), By Glass Fiber Type (E-Glass, A-Glass, S-Glass, AR-Glass, C- Glass, R-Glass, Others), By Resin (Thermoset Resins, Thermoplastic Resins), By Application (Composites, Glass Wool Insulation), By End User Industry (Construction & Infrastructure, Automotive, Wind Energy, Electronics, Aerospace & Defense, Others), By Region & Competition, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 16.96 Billion
CAGR (2026-2031)	7.66%
Fastest Growing Segment	Yarn
Largest Market	North America
Market Size (2031)	USD 26.41 Billion

Market Overview

The Global Fiberglass Market will grow from USD 16.96 Billion in 2025 to USD 26.41 Billion by 2031 at a 7.66% CAGR. Fiberglass is a reinforced plastic material composed of glass fibers embedded within a resin matrix, characterized by its superior strength, low weight, and corrosion resistance. The market is primarily supported by the automotive sector's need for lightweight materials to enhance fuel efficiency and the construction industry's demand for durable infrastructure solutions. Furthermore, the renewable energy sector serves as a crucial driver, particularly regarding the production of wind turbine blades. According to the AVK, in 2024, the global composites market volume, which is overwhelmingly dominated by glass fiber reinforced systems, totaled 13.5 million tonnes.

Despite these strong drivers, the market faces a substantial obstacle regarding the recycling and disposal of end-of-life products. The technical difficulty of separating glass fibers from the polymer matrix makes sustainable waste management challenging, leading to environmental compliance issues that could potentially restrict future market scalability.

Key Market Drivers

Surging installations of wind energy and turbine capacities serve as a paramount driver for the global fiberglass market. As nations accelerate their transition toward renewable power generation, the manufacturing of wind turbine blades—which rely heavily on glass fiber reinforced polymers—has intensified. This demand is particularly acute in the production of longer blades where material durability and corrosion resistance are critical for maintaining structural integrity under high stress. This expansion is quantitatively evidenced by recent deployment figures. According to the Global Wind Energy Council, April 2025, in the 'Global Wind Report', the wind industry installed a record 117 GW of new capacity globally in 2024.

Simultaneously, the accelerating adoption of lightweight materials in the automotive sector is reshaping composite consumption. Manufacturers are increasingly integrating fiberglass composites to replace traditional metal components, a strategic shift aimed at enhancing fuel efficiency in internal combustion engines and extending the range of electric vehicles. This transition extends beyond aesthetic parts to include semi-structural components and battery enclosures. According to the American Composites Manufacturers Association, March 2025, in the '2025 State of the Industry Report', the global market for light vehicle composite materials reached 4.9 billion pounds in 2024. Underscoring the broader scale of this industrial demand, according to the American Composites Manufacturers Association, in 2025, total global glass fiber demand rose to 16.8 billion pounds during the previous year.

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Key Market Challenges

The technical difficulty associated with the recycling and disposal of end-of-life products acts as a substantial restraint on the Global Fiberglass Market. Unlike thermoplastics, the thermoset resins commonly used in fiberglass production undergo a chemical cross-linking process during curing, which renders them impossible to remelt or easily reprocess. This inherent material characteristic creates a complex separation challenge, where extracting clean glass fibers from the polymer matrix is energy-intensive and economically inefficient. Consequently, the industry struggles to meet increasingly stringent circular economy mandates, leading to higher operational costs associated with hazardous waste management and landfill taxes.

The persistent accumulation of composite waste significantly amplifies these regulatory pressures, threatening to stifle production capacity and deter investment. The scale of this material throughput underscores the urgency of the waste management issue. According to the AVK, in 2024, the total production volume of fiber-reinforced plastics in the European market alone amounted to approximately 2.4 million tonnes. With such vast quantities of material entering the market annually without established end-of-life solutions, manufacturers face potential regulatory caps and financial penalties that directly hamper the long-term scalability of the industry.

Key Market Trends

Application of Low-Dielectric Glass Fibers in 5G Telecommunications
The rapid deployment of 5G networks is fundamentally altering the material requirements for printed circuit boards (PCBs) and antenna substrates, driving a specific demand for low-dielectric glass fibers. Unlike standard E-glass, these advanced fiber compositions possess a lower dielectric constant (Dk) and dissipation factor (Df), which are essential for minimizing signal latency and power loss at high-frequency millimeter-wave bands. Manufacturers are aggressively expanding their portfolios of electronic-grade glass fabrics to support the densification of base stations and the proliferation of high-speed connected devices. This strategic pivot towards high-performance electronic materials is reflected in the financial results of leading producers. According to China Jushi Co., Ltd., March 2025, in the '2024 Annual Report', the company reported a total revenue of CNY 15.86 billion, underscoring its sustained market activity and continued focus on optimizing its product structure for high-tech applications.

Shift Towards Circular Economy and End-of-Life Blade Recycling
Simultaneously, the industry is accelerating its transition toward a circular economy to mitigate the environmental impact of composite waste, particularly from decommissioned wind turbine blades. Market players are moving beyond landfilling by implementing advanced recycling technologies, such as cement kiln co-processing and chemical solvolysis, to recover valuable glass fibers and resins for reintegration into new manufacturing cycles. This trend is characterized by rigorous waste reduction targets and the development of closed-loop production processes. According to Owens Corning, April 2025, in the '2024 Sustainability Report', the company reduced its total waste generation by 64,676 metric tons in 2024 compared to the previous year, demonstrating a quantifiable commitment to improving manufacturing efficiency and minimizing the industrial footprint of fiberglass production.

Segmental Insights

The Yarn segment represents the fastest-growing category in the Global Fiberglass Market, propelled principally by its critical application within the electronics industry. This rapid expansion is underpinned by the increasing production of Printed Circuit Boards (PCBs), where fiberglass yarn serves as a vital reinforcement material offering superior electrical insulation and mechanical strength. As the demand for compact, high-performance consumer electronics and advanced telecommunications infrastructure intensifies, manufacturers are prioritizing this material to ensure device durability and reliability. Consequently, the sector is witnessing a sustained surge in adoption, distinguishing Yarn as a pivotal component in modern technological manufacturing.

Regional Insights

North America maintains a leading position in the global fiberglass market due to substantial product adoption across the construction and automotive industries. This dominance is largely supported by strict building codes regarding thermal efficiency and insulation standards promoted by institutions such as the U.S. Department of Energy. Additionally, the region experiences high demand for lightweight composite materials to meet fuel economy mandates in the transportation sector. These regulatory frameworks, combined with a strong industrial manufacturing base, ensure steady utilization of fiberglass materials throughout the region.

Recent Developments

• In December 2025, Nippon Electric Glass Co., Ltd. launched a new low-dielectric glass fiber product, D2 Fiber, targeting the semiconductor industry. The announcement led to a significant surge in the company's stock price as investors reacted positively to the strategic pivot toward high-value materials. This new fiber was developed to compete with existing high-performance glass products and addressed potential bottlenecks in semiconductor manufacturing expected in the coming years. The launch underscored the company's focus on specialized offerings to transform its composites business and capture growth in the technology sector.
• In July 2025, Saint-Gobain North America initiated a circular economy program through a collaboration with The Durst Company and Infinite Recycled Technologies. The initiative involved a pilot project to recycle architectural glass from buildings in New York City and reuse it as raw material for the production of insulation. This cross-functional effort allowed insulation fibers from a facility in Kansas City to be recycled into ceiling panels at a plant in Michigan. The project was estimated to save over one and a half million pounds of waste annually and reduce carbon dioxide emissions significantly.
• In November 2024, Johns Manville announced the release of a new fiberglass insulation board featuring a black core, designed for specific commercial applications. The product, named Insul-SHIELD Black, was developed to provide a solution for environments such as theaters and amusement park rides where light absorption and acoustic control are critical. The black core eliminated the potential for the standard yellow fiberglass color to show through, addressing aesthetic concerns while maintaining fire resistance and sound control properties. The Product Manager highlighted that the board absorbed unwanted light and improved upon the original product offering.
• In April 2024, China Jushi Co., Ltd. introduced a series of sustainable new products at a major industry exhibition in Shanghai. The company launched high-performance chopped strands and a high-processability fiber designed to resist heat and oxygen aging. These innovations were part of the manufacturer's strategy to address the evolving dynamics of the fiberglass market and support the circular economy. The President of the company and the sales team engaged with customers to discuss business cooperation and presented a new blueprint for turning opportunities into reality amidst the recovery of fiberglass prices.

Key Market Players

• 3B - the fibreglass company
• Owens Corning
• Johns Manville
• Nippon Electric Glass Co., Ltd.
• Saint-Gobain Group
• China Jushi Co., Ltd.
• Asahi Fiber Glass Co., Ltd.
• CertainTeed Corporation
• Taishan Fiberglass Inc.
• PFG Fiber Glass Corporation

By Type	By Glass Fiber Type	By Resin	By Application	By End User Industry	By Region
Glass Wool Direct & Assembled Roving Yarn Chopped Strand Others	E-Glass A-Glass S-Glass AR-Glass C- Glass R-Glass Others	Thermoset Resins Thermoplastic Resins	Composites Glass Wool Insulation	Construction & Infrastructure Automotive Wind Energy Electronics Aerospace & Defense Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Fiberglass Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Fiberglass Market , By Type:

• Glass Wool
• Direct & Assembled Roving
• Yarn
• Chopped Strand
• Others

• Fiberglass Market , By Glass Fiber Type:

• E-Glass
• A-Glass
• S-Glass
• AR-Glass
• C- Glass
• R-Glass
• Others

• Fiberglass Market , By Resin:

• Thermoset Resins
• Thermoplastic Resins

• Fiberglass Market , By Application:

• Composites
• Glass Wool Insulation

• Fiberglass Market , By End User Industry:

• Construction & Infrastructure
• Automotive
• Wind Energy
• Electronics
• Aerospace & Defense
• Others

• Fiberglass Market , By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE