Global Glass Fibers Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Glass Fibers market size was valued at US$ 12190 million in 2024 and is forecast to a readjusted size of USD 15270 million by 2031 with a CAGR of 3.3% during review period.
Glass fibers, also known as spun glass, refer to materials made from extremely fine strands of glass, which are processed into a variety of products. These fibers are typically produced through a melting process, where raw materials such as silica, limestone, and alumina are heated to high temperatures and extruded through small openings to create filaments of glass. These fine glass fibers are then woven or processed into different forms, including yarns, fabrics, and insulation materials. They are widely used in various industries for their excellent properties, such as high tensile strength, lightweight, corrosion resistance, and thermal and electrical insulation capabilities. Due to these qualities, glass fibers play an essential role in reinforcing materials like composites, plastics, and other structural elements.
Market Overview
The global glass fibers market is dominated by several major players, with Owens Corning, Jushi Group, and Nippon Electric Glass leading the industry. These three companies collectively account for around 51% of the global market share, highlighting their significant influence over the supply and development of glass fibers. Owens Corning, an American company, is recognized for its leadership in composite materials and glass fiber production, while Jushi Group, based in China, is a major producer contributing significantly to the global supply. Nippon Electric Glass, hailing from Japan, is another key player known for its advanced glass technologies. These companies cater to diverse applications, from automotive to construction, wind energy, and industrial manufacturing, ensuring the versatility and importance of glass fibers across various sectors.
China is the largest producer of glass fibers, holding a dominant share of approximately 62% of global production. This extensive manufacturing capacity is supported by the country’s well-established industrial base and competitive manufacturing costs. North America and Europe follow, contributing around 14% and 12% of global production, respectively. Despite having smaller production volumes, these regions remain critical markets for high-performance and advanced glass fiber products, particularly in sectors such as aerospace, defense, and energy. China also leads as the largest consumer market, with about 53% of the global demand, followed by North America and Europe, which account for 20% and 14% of demand, respectively. The significant demand from China is driven by its robust construction, automotive, and wind energy sectors.
Market Trends and Growth Drivers
The glass fibers market is set to experience steady growth in the coming years, driven by increasing demand in key sectors such as renewable energy, automotive, aerospace, and construction. One of the primary growth drivers is the rising adoption of lightweight composite materials, especially in the automotive and aerospace industries, where reducing weight and improving fuel efficiency are critical. Glass fibers, being strong yet lightweight, serve as ideal reinforcement materials in composite structures, helping manufacturers meet stringent environmental regulations. Additionally, the growing investment in wind energy projects, especially in China, Europe, and North America, is expected to further drive demand for glass fibers, as these materials are integral in the production of wind turbine blades.
Moreover, the construction industry continues to be a significant consumer of glass fibers, particularly in applications such as insulation and reinforced concrete products. As governments globally push for energy-efficient buildings and infrastructure, the need for glass fiber-based insulation materials is expected to rise. However, the market is also facing challenges, including fluctuating raw material prices and increasing competition from alternative materials, such as carbon fibers, which offer higher performance in some high-end applications. Despite these challenges, the market for glass fibers remains robust, with innovation in manufacturing processes and the development of new applications likely to create opportunities for further growth in the future.
This report is a detailed and comprehensive analysis for global Glass Fibers market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Glass Fibers market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Glass Fibers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Glass Fibers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Glass Fibers market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Glass Fibers
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Glass Fibers market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Owens Corning, Jushi Group, Nippon Electric Glass, CPIC, Taishan Fiberglass (Sinoma), Advanced Glassfiber Yarns, Binani-3B, Johns Mansville, Nittobo, Saint-Gobain Vetrotex, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Glass Fibers market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
General-Purpose Glass Fibers
Special-Purpose Glass Fibers
Market segment by Application
Building & Construction
Electronics
Transportation
Others
Major players covered
Owens Corning
Jushi Group
Nippon Electric Glass
CPIC
Taishan Fiberglass (Sinoma)
Advanced Glassfiber Yarns
Binani-3B
Johns Mansville
Nittobo
Saint-Gobain Vetrotex
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Glass Fibers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Glass Fibers, with price, sales quantity, revenue, and global market share of Glass Fibers from 2020 to 2025.
Chapter 3, the Glass Fibers competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Glass Fibers breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Glass Fibers market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Glass Fibers.
Chapter 14 and 15, to describe Glass Fibers sales channel, distributors, customers, research findings and conclusion.
Glass fibers, also known as spun glass, refer to materials made from extremely fine strands of glass, which are processed into a variety of products. These fibers are typically produced through a melting process, where raw materials such as silica, limestone, and alumina are heated to high temperatures and extruded through small openings to create filaments of glass. These fine glass fibers are then woven or processed into different forms, including yarns, fabrics, and insulation materials. They are widely used in various industries for their excellent properties, such as high tensile strength, lightweight, corrosion resistance, and thermal and electrical insulation capabilities. Due to these qualities, glass fibers play an essential role in reinforcing materials like composites, plastics, and other structural elements.
Market Overview
The global glass fibers market is dominated by several major players, with Owens Corning, Jushi Group, and Nippon Electric Glass leading the industry. These three companies collectively account for around 51% of the global market share, highlighting their significant influence over the supply and development of glass fibers. Owens Corning, an American company, is recognized for its leadership in composite materials and glass fiber production, while Jushi Group, based in China, is a major producer contributing significantly to the global supply. Nippon Electric Glass, hailing from Japan, is another key player known for its advanced glass technologies. These companies cater to diverse applications, from automotive to construction, wind energy, and industrial manufacturing, ensuring the versatility and importance of glass fibers across various sectors.
China is the largest producer of glass fibers, holding a dominant share of approximately 62% of global production. This extensive manufacturing capacity is supported by the country’s well-established industrial base and competitive manufacturing costs. North America and Europe follow, contributing around 14% and 12% of global production, respectively. Despite having smaller production volumes, these regions remain critical markets for high-performance and advanced glass fiber products, particularly in sectors such as aerospace, defense, and energy. China also leads as the largest consumer market, with about 53% of the global demand, followed by North America and Europe, which account for 20% and 14% of demand, respectively. The significant demand from China is driven by its robust construction, automotive, and wind energy sectors.
Market Trends and Growth Drivers
The glass fibers market is set to experience steady growth in the coming years, driven by increasing demand in key sectors such as renewable energy, automotive, aerospace, and construction. One of the primary growth drivers is the rising adoption of lightweight composite materials, especially in the automotive and aerospace industries, where reducing weight and improving fuel efficiency are critical. Glass fibers, being strong yet lightweight, serve as ideal reinforcement materials in composite structures, helping manufacturers meet stringent environmental regulations. Additionally, the growing investment in wind energy projects, especially in China, Europe, and North America, is expected to further drive demand for glass fibers, as these materials are integral in the production of wind turbine blades.
Moreover, the construction industry continues to be a significant consumer of glass fibers, particularly in applications such as insulation and reinforced concrete products. As governments globally push for energy-efficient buildings and infrastructure, the need for glass fiber-based insulation materials is expected to rise. However, the market is also facing challenges, including fluctuating raw material prices and increasing competition from alternative materials, such as carbon fibers, which offer higher performance in some high-end applications. Despite these challenges, the market for glass fibers remains robust, with innovation in manufacturing processes and the development of new applications likely to create opportunities for further growth in the future.
This report is a detailed and comprehensive analysis for global Glass Fibers market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Glass Fibers market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Glass Fibers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Glass Fibers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Glass Fibers market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Glass Fibers
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Glass Fibers market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Owens Corning, Jushi Group, Nippon Electric Glass, CPIC, Taishan Fiberglass (Sinoma), Advanced Glassfiber Yarns, Binani-3B, Johns Mansville, Nittobo, Saint-Gobain Vetrotex, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Glass Fibers market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
General-Purpose Glass Fibers
Special-Purpose Glass Fibers
Market segment by Application
Building & Construction
Electronics
Transportation
Others
Major players covered
Owens Corning
Jushi Group
Nippon Electric Glass
CPIC
Taishan Fiberglass (Sinoma)
Advanced Glassfiber Yarns
Binani-3B
Johns Mansville
Nittobo
Saint-Gobain Vetrotex
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Glass Fibers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Glass Fibers, with price, sales quantity, revenue, and global market share of Glass Fibers from 2020 to 2025.
Chapter 3, the Glass Fibers competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Glass Fibers breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Glass Fibers market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Glass Fibers.
Chapter 14 and 15, to describe Glass Fibers sales channel, distributors, customers, research findings and conclusion.
Table of Contents
97 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Glass Fibers by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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