"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Fiberglass Market Size, Share & Industry Analysis, By Form (Roving & Yarn, Strands & Pellets, Mats, Fabric & Cloth, Others), By Type (E-Glass, S-Glass, Others), By Resin Type (Thermosetting, Thermoplastic), By Application (Construction, Electrical & Electronics, Automotive & Transport, Industrial, Others) Others and Regional Forecast, 2019-2026

Region : Global | Report ID: FBI102338 | Status : Ongoing



Fiberglass is a fiber-reinforced plastic material wherein glass fibers are used to reinforce the plastic resin base. The fibrous matrix provides the strength to the material and keeps it stiff yet lightweight. Fiberglass manufacturers have been producing the material since the 1930s, but it gained traction after it was recognized as an excellent thermal insulator, which can be used in the construction of walls and roofs. The manufacturers of fiberglass predict that the material is used for over 40,000 different applications, of which the key application areas are building insulation, vehicle body parts, printed circuit boards (PCBs), and storage tanks. The fiberglass manufacturers have made the usage of fiberglass by tweaking the production process to meet the requirements of the consumers.

Key Market Driver -

Demand for insulated building construction

Key Market Restraint -

Difficult processes to repair fiberglass products

The factors expected to drive the fiberglass market are increasing demand for insulated building walls and roofs. Fiberglass has a low heat transfer coefficient and low dielectric constant, which makes it suitable for usage in the construction of insulated walls and roofs. The demand for insulated housing has grown rapidly during the recent past, which drives the market for fiberglass.

The key factor restraining the adoption of fiberglass is the difficulty in repairing the fiberglass products as the materials required to repair fiberglass usually have a low shelf life and thus are to be kept in refrigerated conditions. Additionally, specialist equipment is necessary to carry the repair work, which further increases difficulties.

Market Segmentation:

By form, the market is segmented into roving & yarn, strands & pellets, mats, fabric & cloth, and others. Based on type, the market is categorized into E-glass, S-glass, and others. Based on resin type, the market is bifurcated into thermosetting and thermoplastic. Based on application, the fiberglass market is segmented into construction, electrical & electronics, automotive & transport, industrial, and others.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

Key Players Covered:

The major companies in the global fiberglass market report includes Asahi Fiber Glass Co., Ltd., PFG Fiber Glass Corporation, Saint-Gobain Vetrotex, Chongqing Polycomp International Corporation, Knauf Insulation, Jushi Group Co., Ltd., Owens Corning, Nippon Electric Glass Co., Ltd., Taishan Fiberglass Inc., Johns Manville, Binani 3B – The Fiberglass Company, Taiwan Glass Industry Corporation, and Performance Composites Inc.

Key Insights

  • Key Emerging Trends – For Major Countries

  • Key Developments: Mergers, Acquisition, Partnership, etc.

  • Latest Technological Advancement

  • Insights on Regulatory Scenario

  • Porters Five Forces Analysis

Regional Analysis:

The global fiberglass market has been segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Asia Pacific will be the leading region in the fiberglass market, as China and India are the largest consuming countries. The expanding application of fiberglass in the construction industry of these countries is the key reason for considerable growth in this region. North America is expected to be the second fastest-growing region. The reason behind the increase will be the demand for fiberglass as an electrical and thermal insulator in the construction of houses in the region.

To gain extensive insights into the market, Request for Customization

The market in Europe will show steady growth with demand from the automotive sector, keeping the market in traction. On the other hand, the emerging economies in South America and Middle East & Africa are expected to present an attractive opportunity to the market stakeholders as the industrial developments in these regions are increasing at a considerable pace. This has shifted the focus of end-use industries towards South America and Middle East & Africa.




By Form

  • Roving & Yarn

  • Strands & Pellets

  • Mats

  • Fabric & Cloth

  • Others

By Type

  • E-Glass

  • S-Glass

  • Others

By Resin Type

  • Thermosetting

  • Thermoplastic

By Application

  • Construction

  • Electrical & Electronics

  • Automotive & Transport

  • Industrial

  • Others

By Geography

  • North America (U.S., Canada, and Mexico)

  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa, Egypt, GCC, and Rest of Middle East & Africa)

Fiberglass Industry Developments

  • In July 2019, Knauf Insulation and Michigan Strategic Fund invested over USD 35 Mn in the Knauf’s Albion, Michigan, U.S. based plant. The expansion is expected to increase the annual production capacity of the plant by 30%, to meet the increased demand for sustainable loose-fill insulation products.

  • In June 2018, Owens Corning signed a strategic co-operation and supply agreement with Chongqing Polycomp International Corporation (CPIC) for joint investement in construction and operation of CPIC’s new high-modulus fiberglass manufacturing facility in China. The facility is expected to have an annual production capacity of 110 KT.

Fiberglass Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2019
  • 2016-2018


  • 4850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients


Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info.