Asia Pacific Fiberglass Market Size & Outlook, 2024-2030
Asia Pacific fiberglass market, 2018-2030 (US$M)
Asia Pacific fiberglass market highlights
- The Asia Pacific fiberglass market generated a revenue of USD 5,995.4 million in 2024.
- The market is expected to grow at a CAGR of 6.9% from 2025 to 2030.
- In terms of segment, automobile was the largest revenue generating end use in 2024.
- Automobile is the most lucrative end use segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2024 | USD 5,995.4 million |
| Market revenue in 2030 | USD 8,941.1 million |
| Growth rate | 6.9% (CAGR from 2024 to 2030) |
| Largest segment | Automobile |
| Fastest growing segment | Automobile |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automobile |
| Key market players worldwide | Owens Corning, Saint-Gobain - Gyproc, Nippon Electric Glass, Jushi, PPG Industries Inc, Johns Manville, Taishan Fiberglass, Chongqing Polycomp International Corp., Knauf Insulation |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 48.6% of the global fiberglass market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,941.1 million by 2030.
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Fiberglass Market Scope
Fiberglass Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific fiberglass market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fiberglass market will help companies and investors design strategic landscapes.
Automobile was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Asia Pacific fiberglass market based on automobile covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is characterized by the presence of a large amount of skilled labor at low cost as well as land to set up facilities. The shift in the global production landscape toward emerging economies, particularly China and India, is set to positively influence market growth over the forecast period.
Most APAC countries are expected to witness high economic growth over the forecast period, despite a slowdown in developed regions like the U.S. and European countries.
Government support for domestic manufacturing is likely to boost regional production levels and reduce dependence on imports, which is expected to present lucrative opportunities for global manufacturers.
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Target buyers of Asia Pacific fiberglass market databook
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Our clientele includes a mix of fiberglass market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific fiberglass market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific fiberglass market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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