The fiberglass fabric market was USD 9.39 billion in 2024 and is projected to reach USD 13.17 billion by 2029, at a CAGR of 7.0% between 2024 and 2029. Fiberglass fabrics are majorly used in applications such as wind energy, transportation, construction, marine, and electrical & electronics. The developed as well as developing nations around the globe are concentrated on expansion of renewable energy resources and have initiated installations of large wind farms with huge wind turbines. Large quantities of fiberglass fabrics are use to manufacture various structural parts of wind turbines. The growing focus on power generation through wind energy is a major driver for the fiberglass fabric market.
The major players active in the fiberglass fabric market are based in Europe, Asia Pacific, and North America region. Owens Corning (US), China Jushi Co., Ltd (China), Saint-Gobain (France), Chomarat Textile Industries (France), TAIWAN GLASS IND. CORP. (Taiwan), Auburn Manufacturing, Inc. (US), SAERTEX GmbH & Co. KG (Germany), BGF Industries (US), PORCHER INDUSTRIES (France), Fothergrill Engineered Fabrics Ltd (England), Mid-Mountain Materials Inc. (US), Central Glass Co., Ltd. (Japan), Nitto Boseki Co., Ltd. (Japan), RNG Performance Material (India), and Hexcel Corporation (US) are among a few leading players operating in the fiberglass fabric market.
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Many of the key players have been implementing various growth strategies to solidify their global market presence along with their position in competitive market. These strategies encompass product launches, partnerships, contracts, mergers and acquisitions, and new product development activities, all aimed at enhancing their presence in the fiberglass fabric market.
Owens Corning (US)
Owens Corning is one of the leading producers of residential and non-residential roofing, glass fiber insulation, and fiber reinforcements. The company is a leading manufacturer of glass fiber reinforcements, commercial and residential building materials, and composite systems. It manufactures glass fibers for the production of composite materials for the electronics, transportation, and infrastructure industries. Owens Corning operates through three segments-Insulation, Composites, and Roofing. It manages its fiberglass business through two of these business segments-Insulation and Composites. Through its Insulation
The company manufactures and sells glass fiber pipe insulations, energy-efficient flexible duct media, bonded and granulated mineral fiber insulation, and foam insulation used in above- and below-ground construction applications. It also offers thermal and acoustical batts, loose-fill insulation, and foam sheathing for walls and accessories, which are marketed by well-known brand names and trademarks, including Multimat, Multimat Lite, and Multicore.
China Jushi Co., Ltd. (China)
China Jushi Co., Ltd. is a joint-stock company engaged in the production, research, and distribution of fiberglass. It also manufactures plastic floorboards. The company is one of the leading fiberglass fabric manufacturers globally. China Jushi Co., Ltd. offers its fiberglass products through the Glass Fiber segment. It produces E glass and C glass fiberglass products and a range of reinforcement fiberglass products, which include roving’s, chopped strands, stitched combo mats & chopped strand mats, powder & emulsion chopped strand mats, woven rovings, and electrical yarns & fabrics in over 100 product categories with over 1,000 specifications.
As a functional material, the fiberglass offered by the company is used to manufacture pressure vessels, pipes, chemical tanks, electric equipment, and automobile parts. China Jushi Co., Ltd. has a production capacity of 2 million tons of fiberglass. The company offers its products for the fire services, sports, infrastructure, marine, wind energy, consumer goods, electronics, semiconductor, petrochemical, aerospace, and military sectors. It has four fiberglass production bases, of which three are in China, namely, Tongxiang (Zhejiang Province), Jiujiang (Jiangxi Province), and Chengdu (Sichuan Province), and one production base is in Suez (Egypt). A fifth fiberglass production base in South Carolina (US) is under construction. China Jushi Co., Ltd. has subsidiaries in South Korea, Italy, Spain, India, Canada, France, Japan, Singapore, South Africa, the US, and Hong Kong.
SAERTEX GmbH & Co. KG (Japan)
SAERTEX GmbH & Co. KG is one of the global leading manufacturers in technical textiles with an emphasis on fiber-reinforced composite materials, especially fiberglass fabrics. The company has gained significant presence in the international market. It has manufacturing plants in Germany, the US, and China. This diversification includes NCF made of glass, carbon, and aramid fibers for the manufacture of various applications in wind energy, automotive, aerospace, and marine. Innovation and sustainability at SAERTEX GmbH & Co. KG are seen to be key values wherein continuous investment in research & development leads to creating advanced composite solutions that evolve with its customers' changing needs. Due to its reputation for superior quality and robust performance, SAERTEX GmbH & Co. KG has won many awards for best in manufacturing and excellence in the services rendered.
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Fiberglass Fabric Market by Fiber Type (E-Glass, S-Glass), Fabric Type (Woven, Non-Woven), Application (Wind Energy, Transportation, Electrical & Electronics, Construction, Marine, Aerospace & Defense), and Region - Global Forecast to 2029
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