Fiberglass Market Size To Reach $18.18 Billion By 2030

Fiberglass Market Growth & Trends

The global fiberglass market size is expected to reach USD 18.18 billion in 2030 and is projected to grow at a CAGR of 6.7% from 2025 to 2030. The market for fiberglass is anticipated to register growth with rising awareness among the population regarding the environmental benefits coupled with the economic benefits of using lightweight automobiles. In addition, extensive use of fiberglass in the building and construction industry and rising wind energy installations are expected to trigger the market growth.

Fiberglass composites segment is anticipated to be the fastest-growing owing to their extensive use in the automobile sector. They are used in automobile and aerospace sectors to make the vehicle lightweight and enhance performance. The composites are also used in the manufacturing of wind turbine blades and their structure. 

Fiberglass insulation is used for thermal and electrical isolation in residential, commercial, and industrial buildings. Fiberglass can be used in construction in the form of walls, roofs, windows, and ladders. The aesthetic appeal of fiberglass coupled with growing construction spending globally is anticipated to drive the market.

In addition, the increasing use of fiberglass in wind energy installations, aerospace application, and consumer durables is expected to further boost the global fiberglass market.

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Fiberglass Market Report Highlights

• Composites dominated the market and accounted for the largest revenue share of 63.8% in 2024 attributed to the increasing demand for lightweight and high-performance materials across various industries, particularly automotive and aerospace

• Glass wool is the largest type segment in the fiberglass market. Extensive use of glass wool for thermal and electrical insulation is expected to boost the market.

• Asia Pacific fiberglass market dominated the global market and accounted for the largest revenue share of 48.6% in 2024 attributed to rapid industrialization and urbanization, particularly in countries such as China and India

• A large number of companies have implemented advanced technologies for manufacturing products as per customer requirements. The companies are heavily investing in the research & development to launch innovative products in the market.

Fiberglass Market Segmentation

Grand View Research has segmented the global Fiberglass market report based on product type, application, end use, and region:

Fiberglass Product Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Glass Wool

• Yarn

• Roving

• Chopped strand

• Others

Fiberglass Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Insulation

• Composites

Fiberglass End use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Automobile

• Construction

• Aerospace

• Wind Energy

• Others

Fiberglass Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • India

  • Japan

  • China

  • South Korea

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • Saudi Arabia

  • South Africa

List of Key Players in Fiberglass Market

• Owens Corning

• Saint-Gobain

• Nippon Electric Glass

• Jushi Group Co. Ltd.

• 3B-The Fiberglass Company

• PPG Industries

• Johns Manville

• Taishan Fiberglass, Inc.

• Chongqing Polycomp International Corp.

• Knauf Insulation