Report Highlights
The global market for glass fiber is expected to grow from $13.5 billion in 2026 and is projected to reach $17.2 billion by the end of 2031, at a compound annual growth rate (CAGR) of 4.9% during the forecast period of 2026 to 2031.
Report Includes
- 255 data tables and 31 additional tables
- An overview and analysis of the global market for glass fiber
- Analyses of global market trends, with market size estimates based on volume (tons) and revenue ($ million), using 2024 as the base year and forecasts through 2030
- Estimates of market size and growth prospects, with a market share analysis by product type, glass type, resin type, end-use industry and region
- Facts and figures related to market dynamics, including drivers, challenges and opportunities
- Supply chain analysis, pricing analysis and insights derived from Porter’s Five Forces model
- Discussion of technological innovations and developments in glass fiber materials
- Competitive intelligence, including market share analysis and strategic developments
- Company profiles of the leading players, including Owens Corning, China Jushi Co. Ltd., Nippon Electric Glass Co. Ltd., Johns Manville, and CTG Group
Report Scope
This report analyzes the global glass fiber market by product type, glass type, resin, end use, and region. These market segments are analyzed at the global and regional levels. The base year for this analysis is 2025, and market estimates and forecasts are given from 2026 through 2031. The market estimates are provided in terms of volume (kilotons) and revenue ($ Millions).
Based on product type, the market is segmented into:
- Glass wool.
- Roving.
- Strand.
- Yarn.
- Other product types.
Based on glass type, the market is segmented into:
- Electrical grade glass (E-glass).
- Structural glass (S-glass).
- Chemical-resistant glass (C-glass).
- Electrical and chemical-resistant glass (ECR-glass).
- Other glass types.
Based on resin, the market is segmented into:
- Polyester.
- Epoxy.
- Vinyl ester.
- Polypropylene.
- Polyamide.
- Other resins.
Based on end use, the market is segmented into:
- Construction.
- Transportation.
- Electrical and electronics.
- Pipes and tanks.
- Energy and power.
- Consumer goods.
- Other end uses.
Based on region, the market is segmented into:
- North America.
- Europe.
- Asia-Pacific.
- South America.
- Middle East and Africa (MEA).
Report Synopsis
| Report Metrics | Details | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2025 | ||||||||||||||
| Forecast period considered | 2026-2031 | ||||||||||||||
| Base year market size | $13 Billion | ||||||||||||||
| Market size forecast | $17.2 Billion | ||||||||||||||
| Growth rate | CAGR of 4.9% for the forecast period of 2026-2031 | ||||||||||||||
| Units considered | $ Millions and Kilotons | ||||||||||||||
| Segments covered | Product Type, Glass Type, Resin, End Use, and Region | ||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, South America and Middle East and Africa | ||||||||||||||
| Countries covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, and GCC | ||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Increasing demand for lightweight materials in automotive and transportation.
- Rising demand from the construction industry.
- Expansion of wind energy installations.
- Key challenges include-
- High energy consumption in glass fiber production.
- Competition from alternative materials.
- Recycling and sustainable glass fiber solutions.
- Advancements in composite technologies.
- Rapid electrification of vehicles.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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Report Highlights
The global market for glass fiber is estimated to grow from $10.4 billion in 2021 to reach about $12.8 billion by 2026, at a compound annual growth rate (CAGR) of 4.1% during the forecast period of 2021-2026.
Report Includes
- 236 data tables
- An up-to-date analysis of the current and future global markets for glass fiber technologies
- Analyses of the global market trends, with historic data from 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026
- Evaluation and forecast the glass fiber market size both in value and volumetric terms, and their corresponding market share analysis by the type of glass, resin, product, application, end user, and geographic region
- Understanding of the upcoming market opportunities and areas of focus to forecast this market into various segments and sub-segments
- Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, India, Japan, U.K., Germany, France, Italy, Russia, and GCC countries
- Identification of the major market drivers, opportunities, constraints and other macroeconomic forces influencing the demand for glass fiber
- Detailed review of the glass fiber manufacturing process, technology assessment, economic and business considerations of the industry, and value chain analysis
- Discussion of the competitive landscape and market share analysis of the key companies operating within glass fiber industry, along with their proprietary technologies, strategic alliances, and other development strategies
- Company profile descriptions of top glass fiber manufacturers, including Chongqing Polycomp International Corp. (CPIC), Glasstex Fiberglass Materials Corp., Jushi Group Co., Ltd., Nippon Electric Glass Co., Ltd., Owens Corning, Saint-Gobain and PFG Fiber Glass Corp.
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