Market Insights
“The fiberglass fabric market size was US$9.1 billion in 2024 and is likely to grow at a decent CAGR of 6.5% in the long run to reach US$15.0 billion in 2032.”
Market Dynamics
Introduction
Fiberglass fabric is a woven material made from fine fibers of glass that are spun into threads and then woven into cloth. It is produced by melting raw materials such as silica sand, limestone, and other minerals to form molten glass, which is then extruded through tiny holes to create continuous glass filaments. These filaments are gathered, coated with protective agents, and then woven into fabrics of different weights to suit specific applications.
Fiberglass fabric finds extensive use in industries like aerospace, automotive, construction, marine, and electrical & electronics, where it serves as reinforcement in composites for manufacturing strong, durable, and lightweight components. Its resistance to corrosion, fire, and extreme temperatures makes it ideal for insulation, protective clothing, and filtration materials.
Recent Market JVs and Acquisitions:
A considerable number of strategic alliances, including M&As, JVs, etc., have been performed over the past few years:
In November 2023, Creative Composites Group (USA) acquired United Fiberglass of America (UFA), expanding its custom fiberglass product offerings and strengthening its position in the composites industry.
Segment Analysis
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Fiber Type Analysis
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E-Glass and S-Glass
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E-glass is dominant and projected to be the fastest-growing segment in the fiberglass fabric market due to its versatility across industries.
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Fabric Type Analysis
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Woven and Nonwoven
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Being cost-effective, nonwoven is anticipated to experience the fastest growth in the coming years.
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Application Type Analysis
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Wind Energy, Transportation, Electrical & Electronics, Construction, Marine, and Aerospace & Defense
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Wind energy is expected to experience the fastest growth in the fiberglass fabric market among all application segments due to the rapid global shift toward renewable energy.
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Region Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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Asia-Pacific is expected to witness the highest growth in the coming years, driven by increasing infrastructure development.
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By Fiber Type
“E-glass is anticipated to be the fastest growing in the fiberglass fabric market due to its exceptional performance, economical cost, and versatility across various applications.”
The market is segmented into E-glass and S-glass. One key reason for the dominance of E-glass is the extensive use in automotive, aerospace, construction, marine, electronics, and wind energy industries. Its ability to reinforce composites while maintaining affordability makes it the go-to choice for mass production of high-performance, lightweight components. E-glass is cost-effective compared to specialty fibers like S-glass, which allows manufacturers to scale up without significantly increasing production costs. Its well-established supply chain and ease of processing further support its widespread adoption, making it the fastest-growing fiber type in the market.
By Fabric Type
“Nonwoven category is expected to witness robust growth because of their versatility, which allows easy modification to meet specific requirements.”
The market is segmented into woven and nonwoven. The nonwoven segment is projected to be the fastest-growing in the fiberglass fabric market due to its manufacturing efficiency and adaptability across diverse industries. Unlike traditional woven fabrics, nonwoven fiberglass fabrics are produced through simpler and faster processes, which reduce production costs and material usage. Nonwoven fiberglass fabrics offer high strength and durability while remaining lightweight, making them ideal for applications in construction, automotive, and aerospace. Additionally, the growing emphasis on energy efficiency and sustainability has led to increased adoption of nonwoven fiberglass fabrics in applications like insulation and filtration, contributing to the rapid growth of nonwoven fiberglass fabrics in the global market.
By Application Type
“The shift towards renewable and sustainable energy is increasing the installation of wind turbine blades, hence promoting the growth of fiberglass fabric in the wind energy industry.”
Fiberglass fabric plays a critical role in the production of wind turbine blades because of its lightweight, high strength, corrosion resistance, and cost-effectiveness. As governments and industries worldwide commit to reducing carbon emissions and achieving net-zero targets, the demand for wind energy infrastructure is rising sharply, making wind energy one of the major industries in the fiberglass fabric market. The growing trend of offshore wind farms, which demand even stronger and more durable materials, further amplifies the need for high-performance fiberglass fabrics. These factors, combined with ongoing innovations in turbine design and composite manufacturing, are making wind energy the fastest-growing application area within the fiberglass fabric market.
Regional Analysis
“Asia-Pacific is the fastest-growing region in the fiberglass fabric market due to a combination of strong industrial growth and rising demand from key end-use industries such as wind energy, construction, automotive, and electronics.”
Rapid urbanization and government-backed infrastructure initiatives across Asia-Pacific are fueling demand for fiberglass fabrics in construction, where they are used for insulation, reinforcement, and fire-resistant applications. Additionally, Asia-Pacific has a robust manufacturing base and is home to several leading producers of fiberglass and composites, offering competitive production costs and supply chain advantages.
These factors, combined with supportive policies, foreign investments, and increasing environmental awareness, make Asia-Pacific the fastest expanding market for fiberglass fabrics globally.
Key Players
The market is moderately fragmented, with over 250 players. Most of the major players compete in some of the governing factors, including price, service offerings, regional presence, etc. The following are the key players in the fiberglass fabric market.
Here is the list of the Top Players (Based on Dominance)
- Owens Corning
- Saint-Gobain
- China Jushi Co.
- SAERTEX GmbH & Co. KG
- Chomarat
- TAIWAN GLASS IND. CORP.
- Hexcel Corporation
- PORCHER INDUSTRIES
- BGF Industries
- Auburn Manufacturing, Inc.
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Please write to us at [email protected]
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The global fiberglass fabric market is segmented into the following categories.
Fiberglass Fabric Market, by Fiber Type
- E-Glass (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- S-Glass (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Fiberglass Fabric Market, by Fabric Type
- Woven (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Nonwoven (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Fiberglass Fabric Market, by Application
- Wind Energy (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Electrical & Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Construction (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Marine (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Aerospace & Defense (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Fiberglass Fabric Market by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and the Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)
Research Methodology
- This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s fiberglass fabric market realities and future market possibilities for the forecast period.
- The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
- The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruit available in the market and formulating growth strategies to expedite their growth process.
- This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
- More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
- We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respected clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across industries. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]
