Global Automotive Glass Fiber Reinforced Thermosetting Market Growth 2026-2032
Description
The global Automotive Glass Fiber Reinforced Thermosetting market size is predicted to grow from US$ 2334 million in 2025 to US$ 3606 million in 2032; it is expected to grow at a CAGR of 6.5% from 2026 to 2032.
Global sales of automotive glass fiber reinforced thermosetting plastics are projected to reach 510,000 tons by 2025, with an average price of $4,638 per ton.
Automotive glass fiber reinforced thermosetting plastics (GFRP) are composite materials made from unsaturated polyester, epoxy, or vinyl ester thermosetting resins as the matrix and glass fiber as the reinforcement. They are formed through molding, RTM, or hand lay-up curing, resulting in a permanently cross-linked, non-remeltable composite material. GFRP combines lightweight, high strength, corrosion resistance, and the ability to handle complex shapes. In the automotive industry, it is mainly used for non-load-bearing body panels and functional components, such as body panels, bumpers, fairings, intake manifolds, engine hoods, and natural gas cylinders. It can reduce weight by 20-40% and is already being used in large quantities in low- to medium-volume models and heavy trucks in Europe, America, Japan, and China.
The raw material system of automotive glass fiber reinforced thermosetting plastics (GFRP) consists of three main parts: thermosetting resin, glass fiber, and fillers/additives. The matrix resin is usually unsaturated polyester (UP, accounting for about 75% of the formulation), epoxy, or vinyl ester, priced at $2–4/kg. The reinforcing phase is 1/32–2 inch (0.8–50 mm) chopped glass fiber, priced at $1.8–2.2/kg, accounting for 25–40% by weight. In addition, 0–30% of inexpensive fillers such as calcium carbonate and aluminum hydroxide, and 1–3% of additives such as curing agents, release agents, and colorants are added. The total raw material cost is about $2.5–4/kg, of which the resin cost accounts for 55–65%, the glass fiber accounts for 25–30%, and the fillers and additives account for 10–15%.
LP Information, Inc. (LPI) ' newest research report, the “Automotive Glass Fiber Reinforced Thermosetting Industry Forecast” looks at past sales and reviews total world Automotive Glass Fiber Reinforced Thermosetting sales in 2025, providing a comprehensive analysis by region and market sector of projected Automotive Glass Fiber Reinforced Thermosetting sales for 2026 through 2032. With Automotive Glass Fiber Reinforced Thermosetting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Glass Fiber Reinforced Thermosetting industry.
This Insight Report provides a comprehensive analysis of the global Automotive Glass Fiber Reinforced Thermosetting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Glass Fiber Reinforced Thermosetting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Glass Fiber Reinforced Thermosetting market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Glass Fiber Reinforced Thermosetting and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Glass Fiber Reinforced Thermosetting.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Glass Fiber Reinforced Thermosetting market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
long Fiber
Short Fiber
Segmentation by Fiber Content:
Low Reinforcement 10-20%
Medium Reinforcement 25-35%
High Reinforcement 40-60%
Segmentation by Matrix:
Unsaturated Polyester
Epoxy
Vinyl Ester
Others
Segmentation by Application:
Roof Panel
Body Panels
Chassis
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Toray
Celanese
Avient
RTP
Evonik Industries
Kingfa
Teijin
Mitsubishi Chemical
TechnoCompound
Mitsui Chemicals
Trinseo
Covestro
Sumitomo Chemical
Kolon
Shanghai PRET Composites
Asahi Kasei
LyondellBasell
Lanxess
Solvay
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Glass Fiber Reinforced Thermosetting market?
What factors are driving Automotive Glass Fiber Reinforced Thermosetting market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Glass Fiber Reinforced Thermosetting market opportunities vary by end market size?
How does Automotive Glass Fiber Reinforced Thermosetting break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Global sales of automotive glass fiber reinforced thermosetting plastics are projected to reach 510,000 tons by 2025, with an average price of $4,638 per ton.
Automotive glass fiber reinforced thermosetting plastics (GFRP) are composite materials made from unsaturated polyester, epoxy, or vinyl ester thermosetting resins as the matrix and glass fiber as the reinforcement. They are formed through molding, RTM, or hand lay-up curing, resulting in a permanently cross-linked, non-remeltable composite material. GFRP combines lightweight, high strength, corrosion resistance, and the ability to handle complex shapes. In the automotive industry, it is mainly used for non-load-bearing body panels and functional components, such as body panels, bumpers, fairings, intake manifolds, engine hoods, and natural gas cylinders. It can reduce weight by 20-40% and is already being used in large quantities in low- to medium-volume models and heavy trucks in Europe, America, Japan, and China.
The raw material system of automotive glass fiber reinforced thermosetting plastics (GFRP) consists of three main parts: thermosetting resin, glass fiber, and fillers/additives. The matrix resin is usually unsaturated polyester (UP, accounting for about 75% of the formulation), epoxy, or vinyl ester, priced at $2–4/kg. The reinforcing phase is 1/32–2 inch (0.8–50 mm) chopped glass fiber, priced at $1.8–2.2/kg, accounting for 25–40% by weight. In addition, 0–30% of inexpensive fillers such as calcium carbonate and aluminum hydroxide, and 1–3% of additives such as curing agents, release agents, and colorants are added. The total raw material cost is about $2.5–4/kg, of which the resin cost accounts for 55–65%, the glass fiber accounts for 25–30%, and the fillers and additives account for 10–15%.
LP Information, Inc. (LPI) ' newest research report, the “Automotive Glass Fiber Reinforced Thermosetting Industry Forecast” looks at past sales and reviews total world Automotive Glass Fiber Reinforced Thermosetting sales in 2025, providing a comprehensive analysis by region and market sector of projected Automotive Glass Fiber Reinforced Thermosetting sales for 2026 through 2032. With Automotive Glass Fiber Reinforced Thermosetting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Glass Fiber Reinforced Thermosetting industry.
This Insight Report provides a comprehensive analysis of the global Automotive Glass Fiber Reinforced Thermosetting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Glass Fiber Reinforced Thermosetting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Glass Fiber Reinforced Thermosetting market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Glass Fiber Reinforced Thermosetting and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Glass Fiber Reinforced Thermosetting.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Glass Fiber Reinforced Thermosetting market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
long Fiber
Short Fiber
Segmentation by Fiber Content:
Low Reinforcement 10-20%
Medium Reinforcement 25-35%
High Reinforcement 40-60%
Segmentation by Matrix:
Unsaturated Polyester
Epoxy
Vinyl Ester
Others
Segmentation by Application:
Roof Panel
Body Panels
Chassis
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Toray
Celanese
Avient
RTP
Evonik Industries
Kingfa
Teijin
Mitsubishi Chemical
TechnoCompound
Mitsui Chemicals
Trinseo
Covestro
Sumitomo Chemical
Kolon
Shanghai PRET Composites
Asahi Kasei
LyondellBasell
Lanxess
Solvay
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Glass Fiber Reinforced Thermosetting market?
What factors are driving Automotive Glass Fiber Reinforced Thermosetting market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Glass Fiber Reinforced Thermosetting market opportunities vary by end market size?
How does Automotive Glass Fiber Reinforced Thermosetting break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
135 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Automotive Glass Fiber Reinforced Thermosetting by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Automotive Glass Fiber Reinforced Thermosetting by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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