India Fiberglass Market Size & Outlook, 2025-2030
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India fiberglass market highlights
- The India fiberglass market generated a revenue of USD 1,004.1 million in 2024 and is expected to reach USD 1,568.1 million by 2030.
- The India market is expected to grow at a CAGR of 7.9% from 2025 to 2030.
- In terms of segment, construction was the largest revenue generating end use in 2024.
- Wind Energy is the most lucrative end use segment registering the fastest growth during the forecast period.
Fiberglass market data book summary
| Market revenue in 2024 | USD 1,004.1 million |
| Market revenue in 2030 | USD 1,568.1 million |
| Growth rate | 7.9% (CAGR from 2025 to 2030) |
| Largest segment | Construction |
| Fastest growing segment | Wind Energy |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automobile, Construction, Aerospace, Wind Energy |
| 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, India accounted for 5.0% of the global fiberglass market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China fiberglass market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,568.1 million by 2030.
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Fiberglass Market Scope
Fiberglass Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Chongqing Polycomp International Corp. | View profile | 5001-10000 | Dadukou, Chongqing, China, Asia | http://en.cpicfiber.com |
| Taishan Fiberglass | View profile | 5001-10000 | Taian, Shandong, China, Asia | https://www.ctgf.com |
| Nippon Electric Glass | View profile | 1001-5000 | Otsu, Shiga, Japan, Asia | https://www.neg.co.jp/en/ |
| Knauf Insulation | View profile | 5001-10000 | Simbach, Bayern, Germany, Europe | https://www.knaufinsulation.de |
| Owens Corning | View profile | 10001+ | Toledo, Ohio, United States, North America | http://www.owenscorning.com/ |
| Saint-Gobain - Gyproc | View profile | 51-100 | Beveren, Oost-Vlaanderen, Belgium, Europe | https://www.gyproc.be |
| Jushi | View profile | 5001-10000 | Tongxiang, Zhejiang, China, Asia | https://jushi.com/ |
| PPG Industries Inc | View profile | 53000 | One PPG Place, Pittsburgh, PA, United States, 15272 | https://www.ppg.com |
| Johns Manville | View profile | 5001-10000 | Denver, Colorado, United States, North America | http://www.jm.com/ |
India 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.
Construction was the largest segment with a revenue share of 39.47% in 2024. Horizon Databook has segmented the India fiberglass market based on automobile, construction, aerospace, wind energy covering the revenue growth of each sub-segment from 2018 to 2030.
The Indian economy is anticipated to grow at a rapid rate over the forecast period owing to government initiatives such as “Make in India” and other FDI initiatives. India is one of the fastest growing economies in the world and is thus likely to remain a major market for fiberglass over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the India fiberglass market , including forecasts for subscribers. This country databook contains high-level insights into India fiberglass market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India fiberglass market size, by end use, 2018-2030 (US$M)
India Fiberglass Market Outlook Share, 2024 & 2030 (US$M)
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